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Coming trade deals or massive inflation?

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  • Popular Post
1 minute ago, illisdean said:

Here, this is what you and your freakin party of blue haired freak imbeciles get off on....so bugger off and go be weird with you freak pals...loser. You don't like what I got so say, then sit on a carrot, or whatever you like sitting on and cry harder, maybe grow a brain and get a life , nobody cares about you and your phony righteous blithering oozing gibberish. 

 

 

And there was me hoping, (I tell lies)  for an erudite and succinct one line response!

 

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  • Trade deals may not be free trade deals. It's impossible to predict anything about Trump, but his intent seems to be to finance his tax cuts with tariffs paid by American consumers and businesses. The

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  • Popular Post
19 hours ago, illisdean said:

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

Inflation can be created by money supply, so what? I don't see Friedman disagreeing tariffs are inflationary.

 

You don't get to tell me to shut up. Try acquiring some manners.

  • Popular Post
On 6/27/2025 at 4:30 PM, illisdean said:

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

My my, you really are scraping the bottom of the barrel with your deranged personal attacks.

 

Have you thought of attending anger management courses?

  • Popular Post
2 hours ago, DezLez said:

And there was me hoping, (I tell lies)  for an erudite and succinct one line response!

 

LOL, that's a good one!

8 hours ago, Mike_Hunt said:

GDP now has a pretty good track record.

Baseless claim! 😆

 

I have shown it's not the case. Fact from reliable source.

 

If you want to understand why it's not reliable:

https://www.schwab.com/learn/story/misunderstood-measure-how-to-approach-gdpnow

https://www.fisherinvestments.com/en-us/insights/market-commentary/gdpnow-still-looks-backward

9 hours ago, Mike_Hunt said:

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

fredgraph.png

Why does the graph you picked stop in 2023. The 2024 figures are widely available, 2.9% as of December 2024.

And food inflation was 2.5% (now 2.9%). Remember me who promised to bring down the price of groceries? 🤣

2 hours ago, BLMFem said:

succinct one line response

Hows this for succinct....succinct enough for you!

TrumpWon.jpeg.d29225c1d0c1acbd044c12650801ee8f.jpeg

 

  • Popular Post
7 minutes ago, illisdean said:

Hows this for succinct....succinct enough for you!

TrumpWon.jpeg.d29225c1d0c1acbd044c12650801ee8f.jpeg

 

So when you were doing your constant Biden bashing for years, we should have done like you and replied "Biden won", like a broken record? 🙂

Inflation AND soaring cost of goods and services, including petrol began with Biden and ended with Trump. Thats just how it is.

 

  • "Key Drivers:
    • Israel-Iran Ceasefire: A fragile ceasefire, following Israel’s attacks on Iran’s nuclear program, stabilized oil markets, preventing price spikes. Robert McNally, a former energy advisor to President George W. Bush, stated that sustained peace could keep prices stable.
    • Oil Supply: West Texas Intermediate (WTI) crude oil prices fell to ~$72/barrel in June 2025, down from $120 in 2022, due to increased OPEC+ production and no major supply disruptions.
    • Seasonal Factors: Summer-blend gasoline, used May 1–September 15, is costlier due to emission controls, but lower demand and cheaper winter-blend production kept prices in check."

 

https://www.nytimes.com/2025/06/26/business/summer-gas-prices-lowest-since-2021.html

https://www.cnn.com/2025/06/20/business/tariff-price-increases-inflation-explained

 

 

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