MistyTiger wrote:In psychology, they speak of confirmation bias which is what you suffer from. You take numbers and you make conclusions on what you think it means, what you want it to mean. Are you an economist? Do you know of anyone who can control inflation? Because I have never heard of one man being able to roll back the effects of inflation. Inflation is not something you can turn back in seconds like the hands of a clock. It is complicated. Like I said in my previous post, go study economics for awhile and then see if you still believe that a POTUS can control inflation.
Has a POTUS ever been able to control inflation? Was Bush Jr an economist, was Obama? If it was possible, don't you think previous ones would have stopped inflation dead in its tracks? Did Reagan stop it? Oh wait, there's a thing called Reaganomics and it's unclear if he actually helped the economy. People still argue about it so many decades ago from his reign as POTUS.
Hey, let me correct you on something right now. Don't for a minute believe anyone has to have a degree in economics to understand economics. It's like saying only a constitutional lawyer can understand the Constitution. It's absolute BS.
Saying it's complicated is like saying I'm searching for an excuse for poor performance.
The Fed can unleash inflation. So can the congress through bad policy and enabled by presidents.
Democrats today are believers. They are not thinkers. They believe a premise and then they push policy to make it happen, regardless of how nonsensical the premise is. They tout SCIENCE when they're in favor of just the opposite. They politicize science and then call it SCIENCE. Then they label it "settled science" to quell any challenges. That should make your antennae go up right there. It's just more democrat BS. The whole DNC is formed around BS ideologies.
Inflation is something you want to keep low. Like one to two percent. When people have been saying if you keep juicing the printer, eventually it's going to come back to haunt, they have an idea of the outcomes just from past history. That's what you get with democrats - endless printing. They wanted endless money because everyone "deserved" a house and that caused a crisis back in 2007/2008, but the setup was a decade in the making by democrats. And right up until the SHTF, Maxine Waters, Barney Frank, Franklin Raines and the entire DNC said there is no problem. Well there was, thanks to their shenanigans.
Currency gets its value from rarity. When you endlessly create it, of course you get inflation because you make it less rare, hence you lower its value.
Things are NOT becoming more expensive. What's happening are dollars are becoming worth less and less.
These are man made problems. Pelosi and Biden can never get enough free shit to the masses - just look at their record. Don't trust me - just listen to their proposals every damn day. They always want more and more grandiose bills and think every problem can be solved with more money. Now it's finally landing and the federal reserve is puckering.
It's amazing how democrats call republicans uncaring and monsters because they don't want to endlessly give away free shit to people who don't work. Then, when the SHTF, they say "well it's the republicans". Even Manchin said ENOUGH and every democrat hated him.
You need to go back to what democrats said fifty years ago and what they say today and you'll understand how fucking looney they've become (and I haven't even gotten into wokeness and grievance politics spread over multiple generations).