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Fake news media credibility has been falling for a long time, & its freefall continues. Unfortunately, they are still brainwashing 23% of Americans who are too lazy to think for themselves, or fact-check anything they are being told.
Funny how when corporations were losing Billions during the lockdowns, the fake news media never said a word. But now that all that pent up demand as been cut loose, & profits are being made again, its evil.
If big business profits are so evil, why do politicans gladly take so many handouts from them?
Politicians are happy to take big biz lobbying graft, & campaign donations, but then at the same time, they pretend to despise big biz in front of the mindless news media consumers. Ayone who canot see right through that hypocrisy is a moron.
The media has had a LOWER approval rating then even congress, which is VERY low, for DECADES!
But in the same breath, anyone who thinks Biden started the horrible inflation while ignoring Trump increasing the money supply by leaps and bounds is a moron. Not that you are saying one way or the other.
Republicans need to clean their own house, it's filthy.
ALL spending bills ORIGINATE in the House.
Who ran the House the most under Trump.
When was the last time the dems submitted a "balance" budget?
The DEM Senate Majority leader, harry reid, when asked when he was going to have the Senate budget released replied, A budget? We don't Need a budget"!
The dems have controlled Congress a LOT more then the repubs have.
The classic (and proper) definition of 'inflation' is the expansion of the money supply. Prices going up is not inflation, just one of it's symptoms.
Who is expanding the money supply? It's not Putin. It's not Covid. It's not the oil companies or greedy corporations. It's Fed-gov that is expanding the money supply. They are the ones printing trillions of dollars worth of funny money to cover massive deficit spending.
It is so weird how the countries like the US that drastically increased their money supply during covid are experiencing increased consumer prices.
While the countries that didn't drastically increase their money supply like China are NOT experiencing surging inflation.
So weird.
Last edited by michiganmoon; 04-09-2022 at 07:55 AM..
Jen "orange woman" Psaki said grocery prices were up due to greedy corporations.
Tech companies are killing it (Apple is profiting off of literal slave labor, but they are woke so it is okay), but much of the rest of the economy is struggling with profits unlike the tech sector.
Grocery prices are up, not because of evil greedy farmers and Kroger. They are up because farm profits have fallen dramatically.
-Bird flu has meant that nearly 30 million meat or egg producing chicken and turkeys have had to be put down.
-some fertilizer costs are up 300%.
-much of the country has had drought conditions.
-agricultural machinery is at a shortage due to labor shortages and parts.
-since February 2020, we have increased the supply of money by 41%, while GDP went up just 9%. That is inflationary as more dollars are chasing the same unit of goods.
It is so weird how the countries like the US that drastically increased their money supply during covid are experiencing increased consumer prices.
While the countries that didn't drastically increase their money supply like China are NOT experiencing covid.
So weird.
Right? Remarkable coincidence how every country that vastly increased their money supply with crazy money printing are remarkably coincidentally experiencing the greedy corporation phenomenon, while countries that didn't go full tilt on money printing benders don't seem to have greedy corporations within their borders.
It's...it's....it's as if there is something about the money supply...maybe? Otherwise, what a truly amazing and remarkable coincidence. Amazing. Remarkable.
Last edited by Volobjectitarian; 04-09-2022 at 08:17 AM..
(2) Since February, M2 Money supply increased by 41%, but the GDP only increased by 9%. This means that more dollars are chasing the same amount of products as before, which is an inflationary pressure. China, which did not create trillions out of thin air during the pandemic, only has 0.9% inflation.
I agree that corporations are not the cause of inflation. In fact if you look at the supermarket they seem to be trying to not raise prices by smaller packages, etc. There is a point where people will simply stop buying a product if the price gets too high. Companies I am sure are concerned about that.
However why the "push" poll? Seems like every poll on CD has an agenda behind it. Are you really asking the question or just trying to get poll results to feed your particular bias?
2020 corporations lost money. While the fed kept pumping money into the economy. Of course 2021 will be a good year. Lets see where 2022 ends up before making any assumptions.
WMt is paying its truck drivers $98K-$110k a year.
National chain stores are doing a better job holding down prices,but not the small local stores.
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