No inflation last month
- Thread starter Marvin the Martian
- Start date
Im not saying ACA curbed soending. The point was neither party does what they campaign on when they have control of all three. The notable exception was the ACA when the Dems had complete control.
Some deflation is good. For example, electronic prices have decreased rather than increased over the years. The 75-inch flat panel TV we have was about $3000 when I bought it and now I could get a larger one for less than a thousand. Prices of certain commodities go up and down too. These are good kinds of "deflation." However, general deflation is almost always a sign of a tanking economy and increasing unemployment. I mistyped with I said it would tank the economy, what I meant is that it's usually a sign of a tanking economy.
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I was giving you a hard time. I blow enough smoke up your a#% about being a liberal, so I should have refrained.
A couple points. I’d argue deflation is a good thing and a sign of a healthy economy. Decreasing prices is obviously good and getting rid of misallocated capital is also good.
My post was poorly worded - sorry about that. Biden inherited a cratered economy left from over from Trump primarily caused by COVID. His slow response to COVID was complicit in the hit our economy took.
Sorry. Not spending 30 to 40k to get a new car that was in the 20's befir dipsht took office. Anything less is just buying junk. I'll stick to my v8 tundra that is 18 years old and has 222k miles on it. Cheap az Tesla cars raised their prices since dipsht's regime offer up tax credits for EV's. Car manufactures love when govts offer tax credits so they raise their prices. Solar panel industry loves it. They raise the prices, take the tax credits off the top then roll them into some loan.
Don't opt for a new Tundra for a while. Sounds like nothing but problems over the last couple years with engines and some transmissions.
OrMight I suggest:
Imagine Marv and his wife cruising southern Indiana. Mark and his wife in the back. Mark with a heater hangin out the window. Trolling sonic parking lots
Yes there has been a lot of emotion in market prices so far this week.
I personally don’t a 6 handle on oil.
if the biden administration is talkin it's lyin. no different than these chicks today. and i don't mean whatever these bumpkins and nerds on this board end up with, body counts of 3, 4, 2, but i mean chicks that are in play. that are in high demand. ask them their body count. cut it and half and double it? no sir. 5x. minimum. FAX
Trump is ready to really pump up the inflation. And of course he is lying about. Or maybe he just doesn’t understand basic economics. Both are equally plausible.
Neither of them know shit from shinola when it comes to this stuff.
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I’m thinking you just finished 9 and are making the turn to tee off at 10. Ammiright?
.
Of course I’m taking golf, not drinks or women. Duh
He’s going to stop inflation and reduce prices 50% on day one. Right after he makes the down payment for new home buyers of course.
Now does he sound better?
VanPastorMan
Hall of Famer
Is that deflation or the market working correctly? Years ago you had to cut off your right arm to get a VCR. Then they got pretty cheap because companies were making lots of them, got more efficient in making them, and the demand was spread out enough that to make a smaller profit on a lot of VCRs was a great deal for the consumer and the company making them.
Politics and economics have become entirely divorced from each other. We are doomed no matter who wins.
Per the NYT
"Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released economic estimates. And by the end of 2025, they expect to lower borrowing costs another full percentage point, to 3.4 percent.
One official dissented against the move, Fed governor Michelle Bowman."
GET THE HOUSE READY TO SELL NEXT YEAR!!
Also, ****ing Michelle man. What's your deal
C'mon, Marv. Save up and pay cash for a good late model used car.
Don't they offer Financial Peace classes at your church?
Buy now. Vehicle prices (Manheim VVI) increased in August for the first time in over a year. Yeah, everybody knew this was coming.
We looked at circa 2020 Outbacks, lower mileage. The Subaru 2.9% financing on a new one made it a no brainer. A low mileage Outback doesn't save enough. 3 years of warranty on top, couldn't beat it. Though we took the base model to save some
Subaru and no brainer in one sentence. My God Marv. Awful. You’ve been playin it straight your whole life. Raised great kids. Followed a god awful loser football program like a faithful soldier. Now it’s time to let your hair down. Who cares if it’s just a replica for $50k. You and your bride will have fun racing the backroads of Indiana like you’ve never had before.
Honey Brown County today?
In the convertible?!!!
Of Course! Hahahahaha
So don’t ask. Just go get one and before you get home send her this text:
“Be home in 20. I did a thing….”
Subaru and no brainer in one sentence. My God Marv. Awful. You’ve been playin it straight your whole life. Raised great kids. Followed a god awful loser football program like a faithful soldier. Now it’s time to let your hair down. Who cares if it’s just a replica for $50k. You and your bride will have fun racing the backroads of Indiana like you’ve never had before.
Honey Brown County today?
In the convertible?!!!
Of Course! Hahahahaha
So don’t ask. Just go get one and before you get home send her this text:
“Be home in 20. I did a thing….”
My wife had a convertible before the Outback. She desperately wanted a convertible last time. I know why they named it what they did, PT Barnum said a sucker was born every minute. PT Cruiser confirmed it.
Ok, you have to be a sucker to believe that as Barnum never said it. But the idea fits the PT Cruiser.
If I had the money, Corvette.
Markets have already baked in 100 bps by Jan 1. This was a no brainer we have the room A 25 bps cut would have dipped the markets
Bidenomics may have made the economy worse but the increase in rates helped fix it and now it is time to bring them down.
Don’t make shit up
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Predicting the future is difficult, but Powell didn’t cut 50 bps because he was afraid the markets would dip. They went 50 because he’s more concerned with unemployment than inflation . Their own stated inflation goal is 2%, which we’re still not at.
Hear me out.
C6's are CHEAP. And have 1/2 the problems of the C5 (and 100% more problems than the C7 but that's not important right now).
Parts are ubiquitous and every chevy dealer can work on them.
Make shit up? Why would they lower it by 50 basis points if the economy wasn' t in trouble? 25 was predicted. You don't drop 50 basis points for the first time in 15 years unless the economy is in trouble.
I don' t know if you noticed, genius, but the markets DID drop today. lmao Now who's making shit up?
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