Coming trade deals or massive inflation?

[illisdean]

2 hours ago, spidermike007 said:

Delusion is an incredibly powerful thing, keep drinking the Kool-Aid.

keep hating.....stay ANGRY...only 1,303 more days of MAGA WINNING, then in walks JD Vance for another 1,461 days of you hating your existence in MAGA World. How bout that, that taste like good kool-aid?

 

LOL....ha ha ha

 

 

[Lacessit]

1 hour ago, illisdean said:

keep hating.....stay ANGRY...only 1,303 more days of MAGA WINNING, then in walks JD Vance for another 1,461 days of you hating your existence in MAGA World. How bout that, that taste like good kool-aid?

 

LOL....ha ha ha

 

 

You seem to be confusing emotion with reality.

 

Fact: Tariffs are inflationary. Ask any economist.

 

Fact. China is the big winner. BRICS GDP is larger than the G7.

 

Fact: China holds all the cards with rare earths, essential for America's military.

[illisdean]

1 hour ago, Lacessit said:

You seem to be confusing emotion with reality.

 

Fact: Tariffs are inflationary. Ask any economist.

 

Fact. China is the big winner. BRICS GDP is larger than the G7.

 

Fact: China holds all the cards with rare earths, essential for America's military.

Another fact, nobody cares about your feeble deflection complete with your bidenese mumbling.

[illisdean]

No, prices are dropping, it's the Trump EFFECT  and WINNING strategies and policies. Promises Made Promises Kept.

How about that, Trumps got it going big time, making Biden look more like the useless America hating failure he truly is. Tariffs can put upward pressure on prices of some goods and services but generally do not cause inflation like Biden created with reckless out of control gov't spending.

 

 

[illisdean]

10 hours ago, Lacessit said:

Fact: Tariffs are inflationary. Ask any economist.

Check carefully with Milton F, University of Chicago, he'll set you straight and school you on some important $hit you KNOW NOT what you are talking about. lol

 

Here's a link, shut up and read it.

 

https://miltonfriedman.hoover.org/internal/media/dispatcher/271092/full

[candide]

50 minutes ago, illisdean said:

No, prices are dropping, it's the Trump EFFECT  and WINNING strategies and policies. Promises Made Promises Kept.

How about that, Trumps got it going big time, making Biden look more like the useless America hating failure he truly is. Tariffs can put upward pressure on prices of some goods and services but generally do not cause inflation like Biden created with reckless out of control gov't spending.

 

 

Energy prices down have nothing to do with Trump, and all to do with SA and OPEC deciding last year to increase production! 🤣

 

Meanwhile....more winning! 🤣

 

US economy shrank faster than expected, new data shows

GDP contracted by 0.5 percent on an annualized basis, 0.3 percentage points lower than the last measurement from the Commerce Department.

Economists were expecting the number to stay the same at a 0.2 percent contraction.

Thursday’s downward revision reflected lower consumer spending, mostly in recreation and transportation.

 

The Federal Reserve, along with other forecasters, has reduced its U.S. growth outlook for this year. The June projection was for growth of 1.4 percent for 2025, down from a 1.7 percent forecast made in March. The World Bank is also predicting 1.4 percent growth for the U.S. this year.

 

https://thehill.com/business/5371005-us-gdp-revised-lower-consumer-spending/

 

 

 

 

[stevenl]

Back to tariffs, breakdown in negotiations with Canada. Trump is not happy Canada is demanding internet companies paying their taxes where their profit comes from. EU has plans akin to Canada. Goes for all companies, but of course the US companies like Alphabet, Meta and Amazon are by far the biggest players.

[spidermike007]

8 hours ago, candide said:

Energy prices down have nothing to do with Trump, and all to do with SA and OPEC deciding last year to increase production! 🤣

 

Meanwhile....more winning! 🤣

 

US economy shrank faster than expected, new data shows

GDP contracted by 0.5 percent on an annualized basis, 0.3 percentage points lower than the last measurement from the Commerce Department.

Economists were expecting the number to stay the same at a 0.2 percent contraction.

Thursday’s downward revision reflected lower consumer spending, mostly in recreation and transportation.

 

The Federal Reserve, along with other forecasters, has reduced its U.S. growth outlook for this year. The June projection was for growth of 1.4 percent for 2025, down from a 1.7 percent forecast made in March. The World Bank is also predicting 1.4 percent growth for the U.S. this year.

 

https://thehill.com/business/5371005-us-gdp-revised-lower-consumer-spending/

 

 

 

 

Thank you, always refreshing to hear a voice of reason in the wilderness of delusion and massive Kool-Aid consumption. The cost of living is not dropping in the US, prices continue to skyrocket, the quality of life continues to decline, the demand for the dollar is dropping and the economy will likely shrink under Trump's ridiculous trade policies, despite @illisdean and others engaging in a desperate level of denial. Truth does not seem to matter, to that camp. 

[illisdean]

Inflation you say.... for those of you obsessed with inflation  google "Biden inflation" for the goods on the retarded Bidens "Inflation Reduction CREATION Act" and go from there. You will be astonished AND schooled again.

 

Otherwise, take a further look here...below... and drink in all the Trump MAGA WINNING kool-aid. All you democrat loser goat pee drinkers,,,,enjoy your drink of choice.

 

 

[Mike_Hunt]

2 hours ago, spidermike007 said:

Thank you, always refreshing to hear a voice of reason in the wilderness of delusion and massive Kool-Aid consumption. The cost of living is not dropping in the US, prices continue to skyrocket, the quality of life continues to decline, the demand for the dollar is dropping and the economy will likely shrink under Trump's ridiculous trade policies, despite @illisdean and others engaging in a desperate level of denial. Truth does not seem to matter, to that camp. 

Let’s see you post data to back up your statement that prices continue to skyrocket.  

[candide]

1 hour ago, illisdean said:

Inflation you say.... for those of you obsessed with inflation  google "Biden inflation" for the goods on the retarded Bidens "Inflation Reduction CREATION Act" and go from there. You will be astonished AND schooled again.

 

Otherwise, take a further look here...below... and drink in all the Trump MAGA WINNING kool-aid. All you democrat loser goat pee drinkers,,,,enjoy your drink of choice.

 

 

More ridiculous B.S. from you. After the act was implemented, inflation decreased. 

[Mike_Hunt]

12 hours ago, candide said:

Energy prices down have nothing to do with Trump, and all to do with SA and OPEC deciding last year to increase production! 🤣

 

Meanwhile....more winning! 🤣

 

US economy shrank faster than expected, new data shows

GDP contracted by 0.5 percent on an annualized basis, 0.3 percentage points lower than the last measurement from the Commerce Department.

Economists were expecting the number to stay the same at a 0.2 percent contraction.

Thursday’s downward revision reflected lower consumer spending, mostly in recreation and transportation.

 

The Federal Reserve, along with other forecasters, has reduced its U.S. growth outlook for this year. The June projection was for growth of 1.4 percent for 2025, down from a 1.7 percent forecast made in March. The World Bank is also predicting 1.4 percent growth for the U.S. this year.

 

https://thehill.com/business/5371005-us-gdp-revised-lower-consumer-spending/

 

 

 

 

 

[Mike_Hunt]

1 hour ago, illisdean said:

Inflation you say.... for those of you obsessed with inflation  google "Biden inflation" for the goods on the retarded Bidens "Inflation Reduction CREATION Act" and go from there. You will be astonished AND schooled again.

 

Otherwise, take a further look here...below... and drink in all the Trump MAGA WINNING kool-aid. All you democrat loser goat pee drinkers,,,,enjoy your drink of choice.

 

 

The lefties must miss the low inflation during the Biden administration.

[illisdean]

14 minutes ago, candide said:

More ridiculous B.S. from you. After the act was implemented, inflation decreased. 

It did but not because of the IRA, but show some proof. Even retard Biden admitted it was "not about inflation" Carry on gaslighting, lying, all your trademark and hallmarks when YOU GOT NOTHING.

 

"The CBO and Penn Wharton Budget Model found no significant short-term inflation reduction, as most savings (e.g., drug caps, energy credits) phase in post-2025. Biden himself admitted the IRA has “less to do with inflation” than climate and jobs, reflecting a branding misstep..."

 

https://www.npr.org/2022/08/11/1116229743/inflation-reduction-act-questions-answered

 

https://www.pbs.org/newshour/economy/inflation-is-down-but-the-inflation-reduction-act-likely-doesnt-deserve-the-credit

 

 

 

[Mike_Hunt]

19 minutes ago, candide said:

More ridiculous B.S. from you. After the act was implemented, inflation decreased. 

That act had nothing to with inflation.

 

https://apnews.com/article/fact-check-inflation-reduction-act-impact-one-year-950550722320

 

CLAIM: The Inflation Reduction Act is responsible for the drop in the inflation rate observed in the year following its passage.

AP’S ASSESSMENT: Missing context. While the inflation rate is indeed down from its peak, economists say the law can take little credit, and many provisions are just now starting to be implemented.