GDP falls 1.4% for the quarter.

The economy is booming

 

TK is as delusional as his  dazed & confused hero.

 

Other examples in no particular order

 

The border is closed

There is no crime

There is no inflation, inflation is good, transitional, it is putin's fault - varies by day

Women can play pro hoops & baseball

The economy is booming

We have a pandemic, we don't have a pandemic; varies by day

biden has nothing to do with hunter's businesses. (hunter's partners just wanted repeated tours)

All those videos of him stumbling/bumbling/wandering were doctored

Sleepy is not senile.

 

And TK and the toad have an odd obsession with masturbation & gay sex 

And they're paying the same inflated prices adjusted for US Dollars for world commodities.  Because thats how world markets work.   

 

Is money supply a component?  absolutely...but so is a shortage of commodities....and so is a shortage of labor.....and so is a shutdown of manufacturing in Asia.        But you would need to take  economics 102 to learn all that.

 

Here's the cliff notes:

\When Ukraine the world's leading exporter of grain and iron is taken offline then those commodites go up in price regardless of money supply.      Same is true for Russia and oil.   Same is true for China and microchips.

Originally posted by: PJ Stroh

And they're paying the same inflated prices adjusted for US Dollars for world commodities.  Because thats how world markets work.   

 

Is money supply a component?  absolutely...but so is a shortage of commodities....and so is a shortage of labor.....and so is a shutdown of manufacturing in Asia.        But you would need to take  economics 102 to learn all that.

 

Here's the cliff notes:

\When Ukraine the world's leading exporter of grain and iron is taken offline then those commodites go up in price regardless of money supply.      Same is true for Russia and oil.   Same is true for China and microchips.


I agree that there is more than one factor pushing up inflation, but Biden's monetary policy is one huge factor.  Many warned his administration to stop printing so much money, but it fell on deaf ears......and here we are.

 

The producer price index, which will more fully bleed down to all of us in the future is far worse, pushing 12%.  https://fred.stlouisfed.org/series/PCUOMFGOMFG

 

 

Well said on all points.  Spot on! 

 

The last point especially.  It is really ironic the guys that use this language are the ones calling everybody else gay, etc.  But I've brought this point up before.  Kevin should be above that.  This is standard humor and comebacks for those with GED's like Toad though.  He just proves my point every time he does it.  So I hope he keeps making those remarks over and over.  Usually the truly dumb can't help it enough to stop it.  

 

And to PJ's points.  Of course there is more to inflation than just printing $.  You are stating the obvious.  He knows it was dumb printing all that $ as well.  He is just trying to deflect.  

Edited on May 1, 2022 9:57am

Originally posted by: Jerry Ice 33

Well said on all points.  Spot on! 

 

The last point especially.  It is really ironic the guys that use this language are the ones calling everybody else gay, etc.  But I've brought this point up before.  Kevin should be above that.  This is standard humor and comebacks for those with GED's like Toad though.  He just proves my point every time he does it.  So I hope he keeps making those remarks over and over.  Usually the truly dumb can't help it enough to stop it.  

 

And to PJ's points.  Of course there is more to inflation than just printing $.  You are stating the obvious.  He knows it was dumb printing all that $ as well.  He is just trying to deflect.  


What did I lie about?  ANd since when do you have a problem with printing money?  Did it start the day your candidate lost the election?   

 

Economists universally agreed inflation was a lesser problem than 20% unemployment which was the alternative.    Which is why both the Trump and Biden administrations printed money.  Now the Monday MOrning quarterbacks are coming out saying we would have been better off furloughing every waitress, hotel worker,  dishwasher, hairderesser, bank teller, and any other face-to-face worker in the economy.    ....but only after Trump lost the election.  Prior to that they were on radio silence.

 

It doesnt take courage to be against policy only when the other team sponcers it.     And it doesnt take smarts to cheerlead other peoples' posts.   Enter Jerry Ice on both fronts.

It's so fucking hilarious how conservitards will twist themselves into logical knots, in a futile and pathetic attempt to "prove" their points:

 

Stupid Tommie-poo: HERE'S A BUNCH O'THINGS THAT AIN'T REALLY HAPPENIN' BUT I SAY THEY ARE!! DAWWWWWWK!

Jerry: Printing money printing money printing money Biden is baaaaaaaad printing money printing money printing money!!!!!!!!!!!!!!!!!!!!!!!!!

Boiler: Stuff I know nothin' about! Economics 101! Economics 101! Economics 101!!!!!!!!!!!!!!

 

You see, unlike you clowns, I actually know all this stuff. I spent a long goddamn time learning it. And you can sneer at that all you fucking want, but the fact is that a person with a university education in a given subject knows FAR more than some random nimrods on a message board with a political axe to grind.

 

Because you see, conservitards, it's not about politics or ideology. Economics exists independently of those considerations. It's when Trumper types try to drag politics into economic policy that things get really fucked up.

 

I'll give you one example. Jerry's constantly bleating about "printing money." I'm willing to school him on why that isn't inherently a bad thing. But only if he promises to (if only for a moment) have an objective mind. Otherwise, I won't bother, and he can stick to his self-justifying delusion.

Originally posted by: Jerry Ice 33

Well said on all points.  Spot on! 

 

The last point especially.  It is really ironic the guys that use this language are the ones calling everybody else gay, etc.  But I've brought this point up before.  Kevin should be above that.  This is standard humor and comebacks for those with GED's like Toad though.  He just proves my point every time he does it.  So I hope he keeps making those remarks over and over.  Usually the truly dumb can't help it enough to stop it.  

 

And to PJ's points.  Of course there is more to inflation than just printing $.  You are stating the obvious.  He knows it was dumb printing all that $ as well.  He is just trying to deflect.  


What Jerry seems to be ignorant of--I mean, pathetically so--is that the government prints currency. It doesn't "print money." It prints currency to represent money that already exists.

 

I'll give an example. A new bank starts up. It gathers $10 million in deposits. Subject to the federal reserve rule, it can now lend $50 million to customers. That means that $50 million additional money is now in the economic system--so the Federal Reserve prints $50 million in currency to represent that.

 

In similar fashion, when people work, they create wealth. When people enter the workforce, they add to the number of people creating wealth. When individuals and businesses turn raw materials into finished products, they create wealth. If the government didn't print currency to represent that additional wealth, the economy would grind to a halt as a fixed amount of currency chased an increasing amount of goods. The end of that is a regression to a barter economy. Currency is a medium of exchange.

 

We're in an economic phase where an unprecedented amount of wealth is being created--simply because so much wealth was destroyed in the last two years. That's why the government must print currency--because it's a necessary tool. Without it, there would be no economic recovery.

 

The distinctions between money, wealth, and currency are subtle and I know, escape most people. Perhaps Jerry is capable of understanding what I said above--I think for Tommie-poo and Boiler, it's hopeless. But I'm certain that for all our conservitards, if they try to fathom economics by looking through their Trumpy-tinted glasses, they'll fail miserably.

Originally posted by: Boilerman

I agree that there is more than one factor pushing up inflation, but Biden's monetary policy is one huge factor.  Many warned his administration to stop printing so much money, but it fell on deaf ears......and here we are.

 

The producer price index, which will more fully bleed down to all of us in the future is far worse, pushing 12%.  https://fred.stlouisfed.org/series/PCUOMFGOMFG

 

 


Governments don't print money. They print CURRENCY.

 

If you don't understand that vital distinction, and why governments print currency, then you have no business bleating about it.

Originally posted by: Jerry Ice 33

Well said on all points.  Spot on! 

 

The last point especially.  It is really ironic the guys that use this language are the ones calling everybody else gay, etc.  But I've brought this point up before.  Kevin should be above that.  This is standard humor and comebacks for those with GED's like Toad though.  He just proves my point every time he does it.  So I hope he keeps making those remarks over and over.  Usually the truly dumb can't help it enough to stop it.  

 

And to PJ's points.  Of course there is more to inflation than just printing $.  You are stating the obvious.  He knows it was dumb printing all that $ as well.  He is just trying to deflect.  


Girl, I'm not interested. Stop trying to beg for my attention. Your infactuation with me is well known and fully documented. THIS IS NOT A ''LOOKING FOR MEN'' SITE.

Originally posted by: PJ Stroh

What did I lie about?  ANd since when do you have a problem with printing money?  Did it start the day your candidate lost the election?   

 

Economists universally agreed inflation was a lesser problem than 20% unemployment which was the alternative.    Which is why both the Trump and Biden administrations printed money.  Now the Monday MOrning quarterbacks are coming out saying we would have been better off furloughing every waitress, hotel worker,  dishwasher, hairderesser, bank teller, and any other face-to-face worker in the economy.    ....but only after Trump lost the election.  Prior to that they were on radio silence.

 

It doesnt take courage to be against policy only when the other team sponcers it.     And it doesnt take smarts to cheerlead other peoples' posts.   Enter Jerry Ice on both fronts.


I was against it when Trump was in charge as well.  Go back and look.....oops.  So I wasn't "sponcering" for either POTUS.  I was against it from the start.  And I was right.  

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