Total posts: 28,020
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@Vegasgiants
If the fed rate is high enough, it counters the surplus dollars added with borrowing at the cost of triggering a recession.
The fed rate now is only at 5 percent so it's having a pretty small effect on inflation but it is helping.
The Fed, then, can bring down inflation “only when public debt can be successfully stabilized by credible future fiscal plans,”
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@Vegasgiants
It was over 15% in the 1970s.....when we had much less debt
The Bane of Carter is also Biden's fate.
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I don't think we always had 5% inflation rate..
Correct
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@Best.Korea
Inflation only benefits the rich by the way
Correct as poor people who usually pay no taxes have to pay the invisible tax of inflation.
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New York State saw the greatest population decline of any state in the last year according to the most recent U.S. Census data.
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@Vegasgiants
Again, you better convince the people leaving of that. Kathy Hochul isn't doing a good job of it.
You know you have a problem when Democrat run MSNBC says Hochul needs to do better.
And here is CBS saying the same thing.
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@Vegasgiants
There us no economist in America that agrees with you
There are quite a few economists who believe that a small amount of deflation, especially during this inflationary cycle, can be beneficial for an economy. Most of these economists say that mild deflation can lead to positive outcomes like increased purchasing power, more comptritiveness, and tighter price stability, and it's also beneficial for CPI as people gaine more bang for the buck.
One notable economist who supports a "mild" deflation is Prof. Robert J. Barro (a Harvard dude), a prominent American economist. He suggests that a low and stable deflation rate, accompanied by nominal wage flexibility, can promote economic efficiency and encourage productivity gains. Barro argues that mild deflation can provide an incentive for individuals to save, invest, and make more efficient consumption choices.
The current fed rate hikes are also designed to deflate the amount of money in circulation and increase the value of money.
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@Double_R
Specifically, do you think Fox is part of a grand conspiracy causing Democrats in New York to want to move out of New York? Or is a much more believable reason is at play here, that those Democrats have authentic negative personal experiences that are reflected in the polls and migration data.
What do you think Occam's Razor suggests?
in response to your claim about NY being some crime infested shithole
That wasn't my claim. I only linked polling and migration data, which you seem to accept without refuting. I don't live in New York, I drove through it one time ever, but those people polled in New York do/did.
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@Double_R
Oh wow, are you saying most of the people leaving in New York watch Fox News? Most of the people leaving are as rabidly devoted to the Democrat faction as you are and shit all over anything Fox says.
Your presumption about Fox driving a narrative in New York is as ridiculous and just as unserious as Jussie Smollet claiming Chicago is "MAGA Country!"
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@Double_R
this narrative was completely invented ...
Do you think the polls and migration data are fabricated?
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@Best.Korea
Correct. Small amounts of inflation or deflation is the desired goal.
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the reason he does not support the Ukraine.
If supporting the Ukraine means helping them to die to make sure USA has continued access to their fossil fuel, then yes. Trump doesn't support that.
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@cristo71
I’m mainly talking about the collective MSM such as CNN, the big networks, and the mainstream print media, as well as “The View”
Collectively all those outlets have a majority of staff and reporters that worked in political offices. Did you hear what happened to Vice? The few outlets that are not controlled by political operatives get bought out and the Uniparty elites simply destroy it over years with junk reporting so there are no other options for media.
It used to be worth 5 billion and now it's being scooped up by Soros for around 200 million.
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What kind of fucked up school uses a book like Divergent (a work of fiction)
I suppose we should ban Shakespeare then since that is fiction as well.
Predictable comment from a larper stalking girls and vegging out to MSNBC like a Fanchick.
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@cristo71
Everyone that works at MSNBC has worked ay political positions in the Democrat party. Many in Fox worked at the GOP. They are operatives of the government, not a voice for the people.
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@cristo71
W Bush got a lot of flack for telling our allies “You’re either with us or against us” in the “War on Terror,” but now it appears that it is the left which is positing that false dichotomy regarding social justice causes.
This is why it's demonstrably true that the government operates under the good cop/bad cop model where each party pretends a position and reverses it over time to keep the charade going. Ultimately, DC establishment politicians are all "cops" and are just working the room to gain compliance from the public.
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@cristo71
I don't run no shit class lol, I make em think!
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Just curious— could a student have challenged that premise if well argued? I know, it would be a tall order especially for a teen, but I wince at the thought of students having to accept a certain premise as true uncritically…
Of course they can. The prompt is worded as such "Describe the benefits and drawbacks to having a society built with factions where you can ONLY belong to one faction to participate in society"
Many students discussed a sense of belonging and importance as a benefit; but ultimately, everyone agreed with the book's conclusion (I also showed the movie), that everyone is "divergent" and needs the flexibility to choose multiple associations in order to prevent civil war.
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@cristo71
then you’ll have to become a Democrat
So much for freedom of association lol. We just finished teaching the book "Divergent" to our 10th graders and had them write essays about why a society divided into factions are bad and how this creates a dystopia...and then I come here to get reminded of all the idiots that want to create that Dystopia in America today....
It's amazing how many Democrats rarely read books but consider their corporate media indoctrination to pass for actual "education"
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IRS agents have the authority to visit people's homes or places of business in certain circumstances. They may conduct on-site visits as part of their duties to ensure tax compliance, investigate potential fraud or other irregularities, or collect unpaid taxes. However, it's important to note that the IRS typically follows specific procedures and guidelines when conducting these visits, and they must adhere to legal requirements and taxpayer rights. During such visits, IRS agents may request to review records, ask questions related to tax filings or financial matters, and assess the taxpayer's compliance with tax laws. Generally, the IRS will initiate contact through mail or phone calls before scheduling an in-person visit. It's advisable to cooperate with IRS agents and provide the requested information or documentation when a visit occurs.
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a guy goes door to door taking money from the peasants.
Well Biden didn't hire 87k new IRS agents to play Flappy Bird in DC all day...
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@Kaitlyn
Clearly Fanchick has been watching way too much Andrew Tate as a dessert dish to MSNBC.
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@ebuc
that is the huge set of elephants in the room/world/Earth.
Why do you think the GOP is the answer to it all?
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It’s no problem. Biden will just direct the Treasury Secretary to stop sending Social Security checks to red states. Problem solved.
And Red States will stop allowing IRS agents into their States. Win/Win
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@Vegasgiants
Then you had better work on your marketing as people are leaving the city citing it to be too expensive and too unsafe.
A total of 40% of respondents said New York is not a good place to raise children — including an alarming 61% of black respondents...
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@Double_R
Pretty sure people have a legitimate concern that overall violence will go up with less security , guns, and armed police.
Ban-nuts don't seem to understand this. You can argue for more security and less guns, but many ban nuts seem to want less armed security.
Maybe most people do not want to be like New Yorkers that accept a high level of violence with low guns and low security. Crazy and violent people strut around New York and that is the norm for them.
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@n8nrgim
I am just saying, we liv in a diverse and violent society with warring tribes and a place where most people hate the country, want to radically transform it, and they hete their diverse neighboring tribes. If you want less guns, you better say you are for more security and armed police like Disney has.
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@n8nrgim
The lesson is to fund more security, not defund them.
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@Double_R
Maybe if Marxist leftoids were not hell bent on reducing police and security, then people would listen a bit longer to the ban-nuts and trust them regarding violence, gun or no gun.
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@ILikePie5
lol
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@ebuc
The differrence is Fox ...
Fox is controlled opposition in the good cop/bad cop sham going on in DC
Most Trumpy voters watch Tucker, not Fox.
Most reject the established cops in DC on the left and the right.
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@Vegasgiants
he wants you to use the word "rate"
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@Vegasgiants
Neither is corruption from DC.
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@Vegasgiants
Those countries have far better monetary policies. None of them sat on a zero percent fed rate for a decade like we did.
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@Vegasgiants
Over the past several decades, countries like Switzerland, Japan, and Germany have generally had low and stable inflation rates.
From 2011-2021, the average annual inflation rate in the United States was around 1.8%, while in Switzerland it was around 0.5%, in Japan it was around 0.3%, and in Germany it was around 1.2%.
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@Best.Korea
It's 4.9%...you are WILDLY EXAGGERATING!
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@n8nrgim
You claimed a person in authority with a gun makes it non- gun free.
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@n8nrgim
Is it your contention there are no armed guards at Disney?
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@Vegasgiants
That's not what I said lol.
I laid out how the increasing National Debt indirectly caused a rise in Inflation, and in the next post, I explained how the Fed raised rates to counter the inflation caused by the borrow/spend policies.
More specifically, I explained how the recent policy change to increase Fed rates countered presumption number 2.
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@Vegasgiants
Inflation is going down and debt is going up....WHY?
When the Fed raises interest rates, it makes it more expensive for banks, and therefore consumers and businesses to borrow money. This usually leads to a decrease in spending because people and big corporations are less likely to take out loans to finance purchases or investments. This means demand decreases and that eases supply pressures which then lead to price decreases.
What usually ends up happening is that people are more motivated to save money rather than to spend it. So although National debt is going up, American's individual debts are going down to counter the bad effects due to the Fed rate hikes.
A much smaller effect is that higher interest rates lead to a strengthening of the value of the currency because loose dollars are worth less and tight dollars are worth more. This can make imports cheaper and exports more expensive. This causes a decrease in scarcity for imported goods and causes an increase in scarcity for exported goods, but this is a long term effect and it's the large corporations that will see this effect before everyday Americans see it.
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@sadolite
"Debt is not tied to inflation"
The correlation between Debt and Inflation has multiple degrees of separation.
For Debt to have a correlation with price increases, 3 presumptions have to be true.
1) Increasing the national debt is for the purpose of injecting dollars into the economy.
2) Those dollars will be mostly be used to purchase scarce resources instead of saving and investing.
3) The increase in demand will cause a scarcity and a price hike as production struggles to meet the new demand.
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@Vegasgiants
Clearly I was referring to democrats but it could easily apply to we the American people
Clearly, it's DC that gets the beach and has been for the past 70+ years while we Americans rejoice at the sand they throw at us.
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@Vegasgiants
Who is "we" lol...do you work in DC where most of that money gets laundered to?
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@ILikePie5
Yes, every liberal wants to date a racist chick. My ultimate dream would be a KKK member.
"DIVERSITY" Is our streeeeennngggth!!!
♫♫♫♫♫ Fanchick and Kaitlyn sittin in a tree...♫♫♫♫♫
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Color me surprised MSNBC didn't cover his Congressional testimony on a Democrat run propaganda outlet.
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So this is more important than Lloyd Austin lying to Congress about why we need to send billions to Ukraine to try to start a global war?
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@ILikePie5
All we need now is "Read my lips: no new cuts"
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@ILikePie5
Imagine confusing production with redistribution...
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It's called austerity. It's an alternative to runaway inflation. or runaway debt where the interest payments become too large to cover with additional borrowing.
government spending, which is part of GDP
Government spending isn't production lol. It's reallocating production from A to B.
Government spending reallocates existing production rather than creating new production because government spending typically involves taxing the production of one sector or group of the economy and reallocating them to another less productive sector or group. Government spending always creates winners and losers, and does not create new wealth or production.
And save 10 percent for the Big Guy.
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So stewardess, no girlfriend, self conscious about his skin shade, hates his body, hates his country
Keep the confessions rolling,
Fanchick's greatest hits.
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