Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
If the Orange turds lips are moving he is lying.
Trump says and reality are as closely related as Elon Musk and poverty.
Please don't insult turds.
Stagflation.
We are so deeply fucked that the Fed cut rates despite rising inflation!
they have to somehow afford the BBB cuts.
powell was in charge during dot.com and 2008 too...the money printer will never stop while he's in charge
the FED doesnt exist to protect the US economy, the job market, or to check inflation...it exists to keep the game running as long as it can
Inflation going down doesn't mean prices go down.
Picture yourself trying to catch up with a car going thirty mph, it's getting away, then they slow to twenty.
That's a reduction is acceleration, just like a reduction in inflation means prices are still rising, but slower.
This is a post about me at the grocery store.
No that's a reduction in velocity.
That’s a reduction is acceleration
30-to-20 is negative acceleration (2nd derivative) causing a reduction in speed (first derivative) from 30 to 20.
Similarly, inflation is a rate (like a velocity). A constant 10% inflation means prices rise at the rate of 10% per year.
Trump says lots of things. Almost all of them are lies.
He's been a known liar for almost my entire life, since the 80s. Taking his word as truth is just ... mind boggling.
Inflation will not fall because cooperations are greedy. Whatever profits they make, that can be passed onto to consumers will go to investors and ceos
I mean, yeah. Even if inflation stopped, prices have already been jacked up so much relative to wages, that's what happens.
and things have been shrinkflationed, and cheapflation as a result too. adding to the cost.
Inflation is substituted by price hikes on everything he slapped tariffs on. There’s no difference to the everyday person, prices keep going up.
I was in Costco the other day, and there were a shocking number of people loudly complaining about prices. Usually people in the store will keep it to themselves, or maybe grumble a bit and move on. But they were truly getting worked up.
GOP is really playing it stupidly. The number one way to get violently overthrown is to make it hard for people to put food on their plates.
Nahh, gop knows americans will never protest anything since they gotta be good little boys and girls and go work and not make any noise, no damaging anything nada.
Lets be honest, the closest thing you guys have in regards of protesting or holding anyone powerful accountable are mentally ill shooters.
On everything but an hour's work, yeah.
Just because the shutdown leads to missing data does not mean nothing bad has happened.
I wonder how the final tally for the Trump "administration" will look like. It will probably take decades to fix what the orange turd and his cronies have broken.
That's assuming someone else comes to power and actually tries to fix it. Both assumptions are pretty big at this point.
By the time Trump is dead, you will be well past fixing things and into start over territory
We could offer a "new" national anthem for the US: the anthem of the former GDR. "Auferstanden aus Ruinen" (Risen from ruins).
These people are actively willing George Orwell's nightmare into being.
The Ministry of Plenty's forecast had estimated the output of boots for the quarter at one-hundred-and-forty-five million pairs. The actual output was given as sixty-two millions. Winston, however, in rewriting the forecast, marked the figure down to fifty-seven millions, so as to allow for the usual claim that the quota had been overfulfilled. In any case, sixty-two millions was no nearer the truth than fifty-seven millions, or than one-hundred-and-forty-five millions. Very likely no boots had been produced at all. Likelier still, nobody knew how many had been produced, much less cared. All one knew was that every quarter astronomical numbers of boots were produced on paper, while perhaps half the population went barefoot.
10 minutes ago my wife came home with about $400 worth of groceries.
A similar amount of food / paper products literally would have been closer to $250 this time last year.
Wow so you guys are set for the week then?
Yes, but we are a family of five.
And about $150 some years back
Maybe I'll end up living in a tent, fuck it
And you can afford that tent thanks to paying for it in 12 high interest payments!
/s
Does he know that cutting the rate has a tendency to raise inflation? Jesus, these morons don't even know basic economics.
No, this is totally the point. The wealthy can borrow cheap money now to buy up all the property people are losing in disasters and financial crises. Welcome to renter hell, peons.
They know EXACTLY what they are doing 100% of the time.
I will not give them that much. Many of these people at the top are greedy idiots. The smartest things they did are to buy other greedy idiots who were elected and to pay greedy smart people to keep modifying the system that they themselves don't fully understand to make them richer.
Not Trump. Maybe some of those around him.
But even those don't always have a handle on what's happening, and events can fuck over even the best-prepared.
Trump says
Yeah stop right there
Everything needs to be cut in half.
I nominate Trump.
Double the numbers of billionaires!
And we'll have a new healthcare plan any day now
About as coherent as "we defeated Medicare!"
Remember, the reason nothing is built in America is your fault (the people). We keep asking for liveable wages and that is why we make everything overseas.
So every year when you get your 1.2% or 1.9% raise, it's your fault everything is expensive. If only you lived in a third world country with a lot of "sacrifices", then we could make fake trees in the USA.
If Americans are confident that the central bank can keep inflation in check, they won’t take steps — such as demanding sharply higher pay when prices rise — that can launch an inflationary spiral. Companies often increase prices further to offset higher labor costs.
Chris Butler, CEO of National Tree Company, the nation’s largest artificial Christmas tree seller, says his company will raise prices by about 10%...... The cost of labor and real estate is too high to make them in the United States, he said.
Every week we get a new episode of Nixon's Watergate and a new W. Bush's Mission Accomplished like it's a Netflix series with this Trump administration.
Clicks mean money. 😭
HE also said he couldnt bring down groceries, in late december Early januarary, peppridge farm remembers.
Being broke is good for the economy! 🫲🍊🫱
it's not, broke people spend less
He took items from the top shelf and moved them to the middle, see, groceries are going down. Checkmate, libs
I'm a millionaire.
*checks bank account
Oh, see how by just saying something, it's not necessarily true?
You’re a millionaire?! You’ve got my vote… I didn’t read past that because I’m a RePuBlIcAaN
They see "I have a lot of money" as "I know how to handle money", instead of "I know how to take advantage of people".
The only reason these people have so much money is because they are either underpaying their employees, or overcharging their customers. That gets the ball rolling.
Nobody got rich by being fair. Nobody. Not billionaire rich. Not halfway to a trillion dollars rich. They got that money by taking it from others, or getting people to give it to them willingly.
If you're lucky you might get to be a millionaire by working hard and playing by the rules. Maybe. Plenty of six-figure jobs out there that can net you a million in a decade, and if you live within your means, and have no unexpected large bills (unlikely), you might have a million saved in two.
But a millionaire isn't even rich anymore. Any boomer that bought a house in a HCOL area in the 80s/90s and has it paid off is most the way to a "millionaire" now as it is.
But working hard and playing by the rules isn't for them. They want some get rich quick scheme where they can sit back and watch the money roll in. They all feel that they are owed that because they are a straight white male, and it's the _____s fault that it never works.
Billionaires should not be worshipped. Not even Tay-tay.
Now we, as a society invest in a handful of incredibly greedy people, instead of investing in public works, social programs, infrastructure, education, etc. And what do we have for it? Everything is in shambles, and everything is controlled by that same handful of greedy sleazeballs.
And what do they do with that control? They tell us to worship them, and everything bad that happens to you is the fault of the _____s. Blame the people below you for dragging you down (when really they are just trying to climb up), instead of blaming the guy who literally climbed over you and now keeps raising the ladder and knocking it over every dozen years or so.
You know what is going to reduce inflation? Doubling the tariffs! Those magical tariffs applied indiscriminately on everything
Doubling tariffs today will make it look like deflation occurs harder when they drop the tariffs later.
A few people will show the data correcting for tariffs, but will be drowned out by the "we did it, prices have come down for Americans" message.
Will businesses be able to trust that he won't just apply them again if he has a bad hair day? Even if they did, I can imagine that lower costs for companies would just be used to increase profits, not lower prices.
"Inflation is defeated" sentences conjured up by the hopelessly deranged.
Maybe he should do a televised speech with a banner behind him that read "Mission Accomplished".
It worked before.
I’m sure no fed expert but I can’t believe they are cutting rates in this environment.
It might help things if he stopped slapping higher costs on everything.
'let them eat cake'
Lmfao nope
It is honestly hilarious how dumb the financial industry is for all its mystique, like the stock market hasn't crashed yet? It really makes it obvious how much of a pseudo-science Economics is, it is only useful to rationalize the behavior of the ultrawealthy, spoiled and stupid, not to hold them to any kind of account or ideological consistency.
The US economy is fucked and the fact that so many finance and economics people aren't screaming the alarm at the top of their lungs tells you everything you need to know about the intellectual integrity of these people.
Hey there. I've got an economics degree and work in business. I've been literally telling people how we're in a massive bubble, propped up by fraud and snake oil for years now. The economists you're thinking about on TV have been enshitified just like everything else in the US. It got so bad someone created a Jim Cramer ETF that collected all his stock advice but did the OPPOSITE of what he said. That ETF had a 12% return in 2024.
So the advice you are hearing from "economists" is advice they were paid for. Real economists have seen the writing on the wall for years. We're spectacularly fucked. Like there's almost complete red flags across the board, and the stock market is likely captured and fraudulent and has been since 2008.
Nvidia's price is just propped up by all the AI investment, and it's worth is propping up others like Microsoft. The whole thing is an obvious ponzi scheme as total value in the market exceeds our GDP by 218% now. This literally means the stock market is at least 118% inflated bullshit.
Inflated because the SEC has taken 17 years to roll out the CAT system to prevent fraud that was created as a response to the 2008 crisis. 17 years, and the "fix" TV hosts cheered was so great in 2008 to prevent another crisis is just now as of 2025 kinda being used. I say kinda because it's not fully integrated, doesn't need to be used, and is currently reporting billions of fraudulent failures and trades nearly every day.
The system has been captured and tortured for years and anyone that knew what they were looking at and were vocal about it were laughed at by experts paid to disagree. I've been saying all the above for years, and people thought I was insane. Now you think all economists are insane because they've been paid to sane wash the bullshit I've been talking about for years.
The problem isn't economists, it's that you believe the people on TV are the experts instead of industry plants. Actual experts, they get ignored. All the time. Because they can't compete with the amount of idiots on TV saying the opposite.
So no offense, but stop listening to the people on TV who call themselves expert economists, expert investors, etc and just listen to someone who's actually experienced in that field. My opinion has been discarded for years as I've made hand over fist betting against our economy. Advice I've freely shared yet always been ignored because it goes against what the TV says.
Anyway, here's the next 3 years:
Massive recession turns into a depression. Starting now, but this Monday is going to be a pretty rough day for the stock Market. Maybe not another Black Monday that started the original crash in 29, but we're getting close.
Likely by this November, if not tomorrow, a stock market crash will happen. It's completely propped up, so just a matter of time until the money runs out. Seeing the dip in stocks and crypto at the same time last week screams massive liquidity crisis (big companies needing more liquidity to prop up the current ponzi scheme of AI.) And there's not many places left where liquidity can be found.
Anyway, the value of the dollar has already decreased by 10% this year. Which is an astronomically fucked thing for no one to be talking about.
So just FYI, whatever savings you do have, consider converting some of it into property / vehicles / assets with value as they will each retain their worth as the value of the dollar looses it. Advice you'll never hear on TV, but is actually viable if you want your money to have any of the same value it has now as idiots ruin everything.
TBH you sound exactly like Peter Schiff for the last 15 years
eh, my guess is this bull market doesn't stop until trump croaks.
the day he dies spy jumps 10% and then it craters 30%+ eod.
corruption and war are bullish as fuck
Thank you for your post! Could you explain about tomorrow? Specifically what you think will happen, or what is special about the day. It’s much appreciated!
I see it the same but they always find ways to circumvent a crash and fuck it up even worse. So I've been waiting, even hoping, but it's not happening.
Is this why every ad I see lately is from Carvana asking me to sell my car?
Are there any assets that don't require a bunch of maintenance you'd recommend?
Thank you for taking the time to write this. I appreciate the information!
the dollar is a fiat currency and only as strong as the FED's ability to tax american citizens. if the US should ever break apart for any reason, the dollar would become completely worthless. and guess what's about to happen in the next 10 years or so...
You gave me a bunch of technical nonsense defending your area of expertise and it just made you look worse, like you are trying to defend your gambling addiction or something.
Well, that is a problem but so is your extreme naivety about what is driving this. If you actually cared, and you were actually willing to understand the breadth of the problem you would be ashamed to call yourself an Economist in public or admit you wasted your time at university studying it for a major. If you want to study power and money, call yourself something else, there is no integrity to Economics and it is hilarious that your best defense of Economics and its explanation of the world is that no all the people doing the stupid things are not stupid they are just selfish and lying.... ok? That makes it worse? Like a LOT worse?
The experts can't compete with the industry plants BECAUSE the basic effective function of Economics has always been to give legitimacy and permission to the ruling class to do whatever the hell they want. That fact that you can't see that is embarassing and just because there are plenty of genuine people in Economics doesn't redeem it from this fact.
The nerve of you to say "well I have been personally benefitting of this and yet NO ONE has listened to me!" is great. Your worldview is broken, the only way you can understand how the big changes happen around you is to prescribe an incredible overbearing selfishness to everyone or to call everyone irrational and it invariably leads people like you to an indifferent cynicism that is ironically perfect for being manipulated by the ruling class.
There is some rational market behavior. Look to the skyrocketing price of assets like gold. A significant part of the market recognizes that something is very wrong. Gold isn't supposed to skyrocket while the stock market is generally improving. This reflects a significant fall in investor confidence.
it suggests dumb emotional traders are buying gold when it's overpriced, gold insiders will sell enmasse sooner or later
I would suggest that all major crashes happen in part because no one wants to be the first to pull out of the corruption and lose money while everyone else keeps gaining. So it's a constant race until something actually breaks, and then it's a mad scramble to get out of the house on fire.
Basically, if everyone was (or was forced to) be honest, they would see the signs early and act to avoid crashing it all. But they aren't, so they don't.
That's a simplistic take on it, but the short is that the experts in the financial world see what's happening, know it can't end well, but they choose to try and profit while they can, hoping they'll get theirs first.
Hell, it's just like anyone who deals with Trump. Knowing full well how many people get burned from being associated, but they always think that it will be different for them and they'll be fine.
economics doesnt run the stock/futes markets, gamblers do
and i guarantee you anyone whose worked in finance long at a serious level knows this very well. nobody big will scream the alarm until they're positioned for the crash.
the banks won't do shit though, because they fully expect uncle sam to bail them out on the taxpayers dime again like they have many times before (and they probably will)
Tesla stock is still about as high as it's ever been. Let that sink in.
its basically clout for the rich and wealthy, to hide behind.
Stock-market speculation has very little to do with economics. Very few investors use economic models when determining what to invest. Your argument is like trying to discredit the laws of physics because drunk drivers ignore them.