Tariffs and Potential Inflation
- Thread starter SilentBirdHunter
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Nick87
Well-known member
Both flavors are one in the same.A bit more fitting:
Nick87
Well-known member
VikingsGuy
Well-known member
So, if in 2025 we had 100% inflation but then in 2026 it returned to 2% per year for the next 10 years, in 2027 does saying inflation is over really accurately described the real world lived experience of the average American? Absent a deflationary cycle (which can actually be worse) prices will never go back to “normal”. The $2 loaf of bread is “now” $4 forever (and rising by 2% a year) - it doesn’t go back down to $2 magically.
That’s why politicians saying “but inflation is over” is such clueless claptrap and the average voter called them on it.
Initial fed hopes that the post-Covid inflation was situational and “elastic” was pretty quickly understood to be not the case by the fed. Too much $$$ had been flooded into the economy. The inflation is now forever baked into our economy. Not good for the unemployed, partially employed, retirees and other fixed income folks.
That’s why politicians saying “but inflation is over” is such clueless claptrap and the average voter called them on it.
Initial fed hopes that the post-Covid inflation was situational and “elastic” was pretty quickly understood to be not the case by the fed. Too much $$$ had been flooded into the economy. The inflation is now forever baked into our economy. Not good for the unemployed, partially employed, retirees and other fixed income folks.
Nick87
Well-known member
There's a video that explains it better than I can, but I can't find it. But if in 2021 you gained 18 lbs 2022 you gained 9lbs and in 2023 you gained 4 lbs
Your not up 4lbs your up 31lbs
VikingsGuy
Well-known member
But let’s also be clear. You can’t add large tariffs and have further tax cuts and not get inflation for these reasons as well. If you insist on pumping up a balloon it will get larger. The balloon doesn’t care who you voted for.
I prefer purple drank
Speaking of inflation anyone remember those 25 cent home run pies? Those things are $2.50!!
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What primary color would a third party assume?
Say we had a version of Theodore Roosevelt's Bull Moose Party, what color?
I’m talking about purple flavored soda
Nick87
Well-known member
Went to subway few months back $15 foot long just doesn't have the same ring to it as $5. buT tHE GraPH sHOwS INFLation iS up only 4%!!
SAJ-99
Well-known member
Tell us you haven't been to Walmart lately without saying you haven't been to Walmart lately.
I wish your statement were true. I really do. But one party broadly lost an election because of the price of groceries. I don't think there is clear understanding of what is gained and what is lost. People vote off what they see. If they were adults and wanted to confront problems we wouldn't be in this situation.
A bit more fitting:
I thought you were checking out? You know what else hasn't gone back to 2019 levels? My stock portfolio.
Nick87
Well-known member
I don't think that was it. Been wrong before though.
Gah simpler times being a poor boy back then. $5 foot long, breakfast and lunch
noharleyyet
Well-known member
Nick87
Well-known member
Must have watched that 100 times with my old man as a kid. Nostalgic.
Silly rabbit, you've, yet again, mis represented my comment...
SAJ, I'm not interested engaging conversation on the topics of immigration/tariffs with you.
Once again, nice try.
Forkyfinder
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- Dec 13, 2023
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You taking into account 16% inflation into the performance you are smiling about?
2021-2024 was 16% cumalative inflation
2016-2020 was 8%
Makes a big difference in ROI.
WTH soda are you drinking?
I wonder what color Theodore Roosevelt would have selected for the Bull Moose Party.. I don't believe brown would go over too well.
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