Re: Correction: “After prices rise less than expected, markets soar on hopes of lower inflation”
BeamMeUpScotty <[email protected]> Fri, 11 Nov 2022 12:48:19 -0500
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On 11/11/22 11:40 AM, Ubiquitous wrote: > On every date, #ReamMeUpTheAssSnotty, brain-damaged fucktard who rode > his scooter into a tree while not wearing a helmet, stupidly bawled and > lied: > >> On 11/10/22 11:04 PM, -hh wrote: >>> On Thursday, November 10, 2022 at 9:11:00 AM UTC-5, Matt wrote: >>> >>> FYI, headline of the cited article actually is as follows; subject >>> line corrected: >>> “After prices rise less than expected, markets soar on hopes of lower >>> inflation” >>> >>>> Prices were 7.7% higher in October compared with the year before, as >>>> inflation defies Federal Reserve’s interest rate hikes >>>> >>>> https://www.washingtonpost.com/business/2022/11/10/inflation-october-economy-fed/? >>>> >>>> >>>> The Federal Reserve is hiking interest rates at the most forceful pace >>>> in decades but has seen limited progress so far >>>> >>>> Inflation stayed high but showed signs of slowing in October, .. >>> >>> At 7.7% (annualized), its declined by a half point in just one month. >>> Little wonder then for why the Markets shot up so much today. >>> >>> -hh >>> >> That's usually when the hammer drops and things collapse, when > > #ReamMeUpTheAssSnotty doesn't know a fucking thing about economics and Austerity is what happens when Democrats run out of other people's money. > economic phenomena, and everyone knows it. He is just the dumbest > brain-damaged motherfucker in all of Usenet. Everything he says is > idiotic bullshit. Except I was right when I said we were headed for STAGFLATION... and that printing and borrowing that money would cause long term and excessive inflation and to fight that the Democrats/Bureaucrats would in the end, raise interest rates to stomp on inflation... seems I hit the nail on the head with those. Then again I also said that when they stomped on inflation "I was right" it would mean that the STAGNATION and GDP growth and LABOR PARTICIPATION and velocity of money would remain stagnant and/or would would all go more negative, it's like putting a thumb on the scales for one side or the other... which ever you apply pressure to so that it goes down, the other side goes up. It's called economics. And it's why StagFlation is the wrong place to be. Tell us again how Democrats *Transitive* inflation is going to go away... will it happen with Biden selling off assets of the Government like the *Strategic Oil* *Reserves* or how about starting Wars and more government Printing Borrowing and Spending will that reduce inflation? It might slow the decline into Depression for a short time but it only makes it a deeper and longer depression. Meanwhile we suffer as we see more children go hungry and more homeless living on the streets. And that is real child abuse that we can see. -- . . . . . . . . . . . . . . . -That's Karma- *IF YOU'RE READING THIS YOU ARE A SURVIVOR* *The first rule of SURVIVAL CLUB* is we talk about it, we hate censorship. Never trust what Democrats or Marxists tell you. Make them prove it with actual verifiable facts and science. And if you didn't find the duplicitous lies in what the Marxist-Democrats told you then you didn't dig deep enough. The *Gruber* *Doctrine* is the Marxist-Democrat plan that says it's "to the Democrats advantage to have a lack of transparency and then lie about everything". https://rumble.com/vkt8ld-call-it-the-stupidity-of-the-american-voter-or-whatever.-how-libs-exploit-t.html *The next rule of SURVIVAL CLUB* is 103b - Austerity is what happens when Democrats run out of other people's money.