[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 90 KB, 1104x777, statement.png [View same] [iqdb] [saucenao] [google]
50330936 No.50330936 [Reply] [Original]

https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/13/president-biden-statement-on-cpi-inflation-in-june/

>> No.50330955

>market didn't dump enough
>let's shove in some statement real quick
>that will do the trick

>> No.50330959

N

>> No.50330968

>>50330936
He's right, you know

>> No.50330980

>>50330936
when will we ever get a president that has the balls to say "Shit sucks and we can't fix it"

>> No.50330989

>>50330936
wheats fallen yet my bag of flour is still $7?

>> No.50331002

>>50330936
>dumps 21% of us strategic oil reserve in three months
>inflation still going up

>> No.50331007

>>50330980
That's faggotry.
Someone with balls would just DO the fixing and talk less

>> No.50331011
File: 47 KB, 1024x796, 1655362379368m.jpg [View same] [iqdb] [saucenao] [google]
50331011

>>50330936
I demand reparations.

>> No.50331012

>>50330980
>when will we ever get a president that has the balls to say "Shit sucks and we can't fix it"
Shit sucks and we could fix it by allowing oil exploration and re opening the keystone pipeline and promising to renew trump's tax cuts but we won't.

>> No.50331013

>energy comprised half of the cpi increase
>this doesn't count because the rising cost of energy is all thanks to Putin

>> No.50331015
File: 32 KB, 512x512, 1651271508091.jpg [View same] [iqdb] [saucenao] [google]
50331015

>>50330936
>Not taking any accountability or responsibility
Ridin' with Biden

>> No.50331036

>>50330936
Still better than Trump

>> No.50331083

>>50330936
Kek, this desperation

>> No.50331119

>>50330980
Never. That’s the wonderful part about democracy - you need to constantly lie and fellate the poor mongrel retards of your nation to stay in office. Suggesting a solution to a problem that might mean pain for your voter base? Nope, we need to keep up a charade forever and never do what needs to be done.

>> No.50331246
File: 259 KB, 634x352, ESKFTMVWsAIWfCm.png [View same] [iqdb] [saucenao] [google]
50331246

>>50330936
>Biden issues statement
>Markets trend back up
Yeah, I'm thinking he's based

>> No.50331426
File: 46 KB, 398x853, 1657723362444.png [View same] [iqdb] [saucenao] [google]
50331426

>>50330936
He's right but you little goys will keep playing your politics lmao

>> No.50331451

>>50331036
what's funny is how people actually will believe that.

>> No.50331478

>>50331426
Long road to november.

>> No.50331490 [DELETED] 

>>50331451
What's funnier is that people believe Trump was the best president ever meanwhile it's just kike vs kike game

>> No.50331495

>>50330936
>Second, I will urge Congress to act, this month, on legislation to reduce the cost of everyday expenses that are hitting American families, from prescription drugs to utility bills to health insurance premiums and to make more in America.
>except for student loans. no refund, goy.

>> No.50331503
File: 374 KB, 220x165, 1657423592374.gif [View same] [iqdb] [saucenao] [google]
50331503

>>50330968
Cope

>> No.50331508

>>50330936
in other words, priced in

>> No.50331523

>>50331495
If you have a student loan, you are a faggot and deserve it. I hope they never forgive them.

>> No.50331529

>>50331490
Not defending or liking trump. That's your problem.

Biden has fucked up so hard trump looks better as a result.

>> No.50331539

>>50330936
Inflation is a great asset. More inflation. You stupid son of a bitch

>> No.50331542

>>50331490
you're right, but you can't deny that trump was funny as shit, truly a presidential caliber shitposter.

>> No.50331563

>>50331529
>Not defending or liking trump. That's your problem.
>but biden doodoo peepeehead! >:(
You're a fucking retard. You know that?
yeah ok buddy

>> No.50331590

>>50331542
Agreed

>> No.50331591

>>50330936
I mean yea, that's an objectively correct statement.

>> No.50331596

>>50331523
hey wagie your 15 minute lunch break is almost over. chop chop.

>> No.50331597
File: 253 KB, 785x1000, seething soy.png [View same] [iqdb] [saucenao] [google]
50331597

>>50331563

>> No.50331600

>>50330936
Then why do they Wait 30 days for CPI and then 30 more days until FOMC to take active steps to curb inflation?

>> No.50331602

>>50331563
Biden is easily the worst president ever. First president to raise a crackhead incestuous pedophile in US history. That says all you need to know.

>> No.50331625

>>50331600
insider need time to plan their insider trading strategy before the news is dumped on the nigger cattle.

>> No.50331628

>>50331602
>First president to raise a crackhead incestuous pedophile in US history.
based

>> No.50331635

>>50331596
Says the debt slave

>> No.50331638

RIP LINK
Bulgarian bobos win again

>> No.50331647

>>50331600
They're trying to stall until after midterm elections.

>> No.50331669

>>50331635
i'm an hour and 35 minutes deep into my work from home lunch break at my six figure job. yesterday i learned that my 10% annual bonus paying is likely coming in 20% hotter than expected due to segment performance. keep coping, nigger.

>> No.50331742

>>50331669
maybe you can use that big bonus to pay off your student loans

>> No.50331761

>>50331742
why would i ever pay for something if i don't have to?

>> No.50331806

>>50331761
You don’t have to pay them? So why are you complaining?

>> No.50331811

>>50331742
>pay off your student loans
This is why you are poor

>> No.50331841

>>50331811
I don’t have student loans, crackhead pedophile

>> No.50331869

>gas goes up 200%
>drops 10%
>SEEE CHUDS BASED BIDEN LOWERED GAS PRICES STOP TALKING ABOUT IT

>> No.50331873

>>50331012
More like fuck the Saudi’s talk to the spics in the south instead of destabilizing South America.

>> No.50331917

>>50331841
No but your way of thinking is peak goy. I bet you think all debts are bad lmao.

>> No.50331938

>>50331563
>3▶>>50331597 >>50331602
>>>50331529 (You)
>>Not defending or liking trump. That's your problem.
>>but biden doodoo peepeehead! >:(
>You're a fucking retard. You know that?
>yeah ok buddy
I triggered it. You faggots on Biz are too easy. Off to repo some cars today.

>> No.50331965

>>50331938
What a mess of a post. I hope you get cancer.

>> No.50331982

>>50331917
I don’t really think it matters what I think. You’re going to pay your student loans. Biden is not bailing you out. Get over it. As of July 13th, 2022 you cannot default on your student loan and all of your peasant whining for democracy to send you free money is useless.

>> No.50332082

>>50331602
Why don't you go look at another photo of Hunter Biden's penis, I'm sure that'll bring down Biden and reinstate Trump.

>> No.50332105

repeat the like end of quote

>> No.50332161

>>50332082
I don’t know what you’re referring to. There’s pictures of Hunter Biden’s penis? Do you look at them regularly?

>> No.50332169

>>50330936
the Biden admin has some hilarious levels of copium, they cannot put Joe in front of a camera without him fucking something up and they spend all their time putting out the fires they started rather than trying to better the country, I've never had so many left leaning friends and family tell me how disgusted they are with the current state of the party

>> No.50332194

>>50331012
Fucking Trump voter. KYS now please.

>> No.50332213

>>50332169
Yeah but maybe he will pay my student loans if I vote for him again.

>> No.50332237
File: 8 KB, 232x218, 1635922776095.jpg [View same] [iqdb] [saucenao] [google]
50332237

>>50332194
>Fucking Trump voter. KYS now please.

>> No.50332251

>>50330936
>we brought down the gas 40 cents! FROM 200$
Holy shit fuck this world, we are fucked

>> No.50332254

>>50330936
He's right. Oil is a big part of those numbers. If you take out oil which has since come down, inflation is 5%

>> No.50332262

>>50331938
Off to repo some cars today

literally a Trump voters job.
Are you a bounty hunter as well?

>> No.50332264

>>50330980
That’s literally what Carter tried to do

>> No.50332274

>>50330936
Pathetic cope. The way these people try to cover their incompetence is just ridiculous. The worst of it is we live in a country where people believe this shit despite running out of money every month.

>> No.50332320

>>50332194
You will never be a woman

>> No.50332376
File: 85 KB, 227x222, B0EC49CF-5303-4E27-A668-24817A4A1B2E.png [View same] [iqdb] [saucenao] [google]
50332376

>>50330936
> increase price at pump by 3 dollars
> decrease it by 40 cents
> look at these massive savings
Holy shit

>> No.50332382

>>50331669
You are literally a wagie. You just think you aren't because you don't have to punch a clock. At the end of the day you rely on another man for your well-being.

>> No.50332405

>>50332382
He’s not just a wagie, but he is entirely dependent on work to service his student loans.

>> No.50332414

>>50330959
I

>> No.50332436
File: 106 KB, 1245x881, anomtup.jpg [View same] [iqdb] [saucenao] [google]
50332436

>>50330968
ok yeah just go back in time 30 days and un-pay for fuel and food
you sure showed us you absolute fucking faggot

>> No.50332454

>>50331007
wrong, retard. government CANNOT fix it.

>> No.50332456

>>50331563
>>50331451
biden and trump both suck, but if its trump vs biden, trump is better. hopefully we get a chance to vote for desantis instead of trump

>> No.50332463

>>50332382
>DUDE JUST START YOUR OWN BUSINESS AND COMPETE AGAINST MULTI-BILLION DOLLAR CORPORATIONS THAT HAVE THE UNWAVERING SUPPORT OF BANKS, COURTS, THE FEDERAL RESERVE, LOCAL, STATE, AND FEDERAL DOMESTIC GOVERNMETNS, FOREIGN GOVERNMENTS, RETAIL SHAREHOLDERS, AND INSTITUTIONAL INVESTORS LMAO

nah i think i'll continue "working" from home while stealing wages from jewish stockholders and jewish executives. keep coping.

>> No.50332486

>>50332405
my student loans are on REPAYE, the repayments literally scale to my income. still on my lunch break btw.

>> No.50332515

>>50332454
there is NOTHING government can't fix

>> No.50332527

>>50332463
You sure showed them by getting into tens of thousands of debt to impress them with your resume, student loan cuck

>> No.50332533

>>50330980
never because retards would vote for the guy who says "but i can!"

>> No.50332535

>>50331917
Nice try bank shill retard debt slave wage slave loser buzzword using fake smiling bitch.

>> No.50332550

>>50331426
okay simply post a picture of your Biden June 2022 Refund Check For Inflation Because Now It's Back Down And We Totally Did That you absolute fucking sycophant

>> No.50332560

>>50331638
stop talking about bulgarians, you stupid faggot
they literally don't exist

>> No.50332563

>>50332550
>>50332535
kek

>> No.50332592

Has Biden ever taken responsibility for something bad that has happened during his administration?

>> No.50332599

>>50332515
http://davidmhart.com/blog/C20111228141034/E20120629095727/index.html
there's a cartoon version of this just for retards like you

>> No.50332609

>>50331490
At least my poorfolio wasn't down 90% under the orange jew honestly. While he was pretty kike in everything else I was making money.

>> No.50332616

>>50332169
They get what the fucking deserve, degenerate retards

>> No.50332628

>>50331806
I don't think he was. You were.

>> No.50332633

>>50330980
>>50331007
peak democrat is running both the executive and legislative branches and responding the every crisis with "we need you to turn out and VOTE / we need you to help us make those in power do something about this travesty"

>> No.50332634

>>50331806
Because he wants everyone else to pay them. SAD!

>> No.50332714

>>50332628
You changed IPs. But I will link you to the post you made that started this discussion.

See:
>>50331495

Anyways, hope the rest of your lunch break goes well.

>> No.50332743
File: 36 KB, 500x374, 600a7630f0b7c13858b7e7ff583567b2e585ee3824c5fdfbd1152baf9a6df313.jpg [View same] [iqdb] [saucenao] [google]
50332743

>>50332714
i didn't change IPs.

>> No.50332773

>>50330936
>And, other commodities like wheat
Who writes this garbage?

>> No.50332802

>>50331119
even with abortion, the democrats had 50 years to codify it into law to protect its legality with little to none of this pain you're describing--- and yet it was most politically expedient to have its legality remain precarious and always under threat so that they could continually campaign and fundraise with the promise that if you don't vote for them, the republicans will take away muh abortion. Whenever I say to libs that the democrats are just as bad as the republicans and I will vote for neither, the argument always ends with "the republicans will take away abortion"--- That is always the last ditch appeal democrats make to hold voters hostage to voting for them. But now they're struck gold; watch now for the next 40 years how the democrats will campaign/fundraise on the promise of re-legalizing national abortion access (but never will follow through on it, just as it was not really in their interest to properly protect it over the past 50 years)

It's interesting to witness how being ineffectual and impotent against GOP politics has actually become the primary M.O. of democrats so they can capitalize on outrage and promises to undo the damage

>> No.50332810

>>50332743
That picture represents the benzos you take every time your student loan payment is due

>> No.50332836

>>50330936
Holy cope
>Our numbers are fucked but they're shit anyway haha don't pay any attention they're not real

>> No.50332842

>>50332810
You do realize student loans were postponed for two years right?

>> No.50332861

>>50330936
>40 cents
wow thanks

>> No.50332868
File: 235 KB, 808x842, IMG_20220704_101323.jpg [View same] [iqdb] [saucenao] [google]
50332868

Somebody should make sure to save all those messages, archive that shit, none is gonna believe you the goverment posted this in a few years, and libtards will deny it

>> No.50332877
File: 68 KB, 475x475, 1640278143585.jpg [View same] [iqdb] [saucenao] [google]
50332877

>>50330936

>> No.50332968

>>50332842
Typical of peasants with low time preference to believe that postponed = no longer exists because you are unable to look 2 weeks into the future.

>> No.50332999

>>50332264
Except for Carter spiking interest rates and bankrupting thousands of farmers

>> No.50333630
File: 19 KB, 460x276, 2AE0033F-7EE2-4349-AF0B-DDF53D77D92A.jpg [View same] [iqdb] [saucenao] [google]
50333630

>>50332592
Nothing bad ever happens to them.

>> No.50333701

>>50332968
>unable to look 2 weeks into the future.
The irony of this post
>I don't want to go to school for potential 150k+ salary a year because I don't want to be $20k in debt :)

>> No.50333771

>>50330936
>numbers come out
>it's bad
>Biden steps up to the podium
>NUH UH
>BECAUSE I SAID SO
>EVERYTHING IS GOOD NOW BECAUSE OF ME
Can you believe they wouldn't let Trump have two scoops of ice cream without climbing up his ass for 4 years, but this retard can just lie to the American people and they buy it?

>> No.50333802
File: 381 KB, 600x692, 1649207677077.png [View same] [iqdb] [saucenao] [google]
50333802

>>50332868
>For the unvaccinated, you're looking at a winter of severe illness and death

lmao based

>> No.50333912

>>50332877
https://youtu.be/xAkXumSGRxM

I can’t believe that was the best guy

>> No.50333956

>>50333771
you're forgetting that the average american is a morbidly obese brown retard with an 85 IQ. "speeches" by "leaders" inspire these nigger cattle beasts of burden.

>> No.50333962

>>50330980
Carter tried to say this and they hated him for it

>> No.50333986

>>50331602
>First president to raise a crackhead incestuous pedophile in US history.
Hunter Biden is based af

>> No.50334021

>>50331012
>Shit sucks and we could fix it by allowing oil exploration and re opening the keystone pipeline and promising to renew trump's tax cuts but we won't.
tax cuts are inflationary

>> No.50334030

>>50331495
But ObamaBiden already solved the problem of the cost of prescription drugs and health insurance.

>> No.50334047

>>50331669
>yesterday i learned that my 10% annual bonus paying is likely coming in 20% hotter than expected due to segment performance. keep coping, nigger.
hey you are almost beating inflation

>> No.50334073

>>50331742
Why should we do that when there is a 30% it gets abolished this year? I bet both of us could pay it off immediately if we needed too, but why do it when the seething emails are so much fun to ignore?

>> No.50334086

>>50334073
boomers are not going to release you of your student loans

>> No.50334095

>>50331451
I like Biden because he is more racist and has his foot on the pedal. A C C E L E R A T E

>> No.50334125

>>50334086
Then I pay off 8k out of 90k savings, oh no

>> No.50334143

>>50334047
unless the economy implodes im going to job hop next summer. only way to stay ahead in these jewish times.

>> No.50334149

>>50330936
>Mr. Powell, please sirs, DO NOT REDEEM!

>> No.50334158

>>50330936
>June's report is for June
Thanks grandpa

>> No.50334187
File: 96 KB, 754x759, AF3201C3-D61B-42DD-A9CD-1A8360B77577.jpg [View same] [iqdb] [saucenao] [google]
50334187

>>50331602
Take this L cornpop

>> No.50334322

>>50330980
The president usually has a team of people helping them and the majority would never agree to that. Biden himself though is a zombie being controlled by someone else and they decide everything he does.

>> No.50335386

>>50332414
G

>> No.50335480

>>50330936
>Everything is bad but heres why it's never my fault

Lmao remember when this fucker ran on "taking responsibility"

>> No.50335542
File: 15 KB, 180x240, m.jpg [View same] [iqdb] [saucenao] [google]
50335542

>Oil dumps due to speculators pricing in a recession
>Hey guys, we fixed it!

>> No.50335854
File: 706 KB, 1280x720, 1653877371013.png [View same] [iqdb] [saucenao] [google]
50335854

>>50330980
>zyzz id

wagmi bros

>> No.50335980

>>50330980
No joke, the best way to deal with situations like this is to tell the public how to save money and make good financial decisions but that undercuts the entire consumerist society that is based on buying dumb shit we don't need because it's flashy.

The vast majority of the country could in theory live on what they're currently making if they didn't make bad financial decisions. Taking out debt is probably the biggest elephant in the room that no one wants to prevent because the entire global economic system relies on it for easy money. Almost all rich people's money is an IOU stacked on an IOU funded by another IOU and so on (otherwise it would be taxed and absorbed by the government).

>> No.50336048

>>50335980
Yep, the last president that actually made the middle class make free money was Obama and that as calling the bottom of the 08 crisis when the fed printed. Yes he did. Trump attempted to do the same thing but given the circumstances of covid etc no one would listen. I presume we'll get another one who does the same thing but only after spy bottoms around 200

>> No.50336049

>>50332599
Neoliberalism is a failure and this book is their greatest lie

>> No.50336081

Imagine being a stock-larping faggot and thinking you have any right to complain about the problems caused by those whose fabrication of wealth you partake in.

>> No.50336097

>>50333771
The American people aren't listening lol they don't watch the market like you do. They wageslave, have a 401k that no one explains to them and put 5%or w/e and hope it goes up (its not) and if it doesn't by the time they retire they commit suicide, get sick and die or kill off a bunch of Retards in a fed building. This is the life of an American until socialism is installed.

>> No.50336120

>>50336081
What the fuck even is this post

>> No.50336151
File: 57 KB, 976x850, 360E2823-6A6B-4287-B816-DD830B681555.jpg [View same] [iqdb] [saucenao] [google]
50336151

>>50330936
>Tackling inflation is my top priority

>> No.50336195
File: 386 KB, 2255x2560, 1654046498912.jpg [View same] [iqdb] [saucenao] [google]
50336195

>>50330936

>Start a war with russia
>inflation increases
>muh russia

>> No.50336293

>>50334322
The puppetmasters have their hand so far up his ass, every time he opens his mouth to talk, you can see their fingers.

>> No.50336303

>>50336151
>who am I?
>JILL, WHERE'S BEAU?????

>> No.50336430

>>50330936
So are they going to impeach or assassinate him? Repeal the administrations policies?

Nobody cares and nobody will be held accountable. Getting fucked is an American tradition

>> No.50336538

>>50335980
You are right, but you are dramatically understating the dependence on debt. The entire global economic system relies on ever-increasing debt. Period. Easy money or not, if the global level of debt does not constantly increase, at an exponentially accelerating rate, the entire system implodes due to lack of liquidity.

>> No.50337051

>>50333701
You're not wrong if someone goes to university for the right degree, but if they get a degree in niggerterprative dance without taking at least a summer job they're looking at 80k debt for a 25k salary.

>> No.50338224

>>50330968
Actually, he's wrong on a couple pointers.
For starters, he mentions that this data is not timely relevant. While this is (technically) true, the real truth of the matter is that this delayed data and an overall impact on the long run of the actual market (especially with commodities).
Granted, they're coming down in price, but they're nowhere near the prices pre-inflation, thus we can safely assume we're still in the shit and it's clearly not over.
He also mentions that energy makes up almost half the monthly inflation report. What people should realize, is that the CPI stats are constructed in such a way as to leave out "ineligible" products/services/expenses, which would include MANY things which I'm not about to sit here and name.
If the feds were to actually include these things, I assure you there would be much panic within all markets.
Then it goes on to mention price reduction for gasoline. Take note, it states a "40 cent" average reduction at the pumps. Have any of you seen these prices reflected at your local gas stations? Probably not.
Even so, they double down and justify the news, stating that Americans now have more capital to save with these price reductions.
Gasoline is still 75% higher in price than what it was last year. Let me say this again: Gasoline prices are still 75% higher than what it was last year (2021).
They are attempting to make a positive vibe out of this news, when in reality it is much more grim when you really look at all the variables and indicators that are around us.
If the feds state CPI is at 9.1? Expect the real number to be twice the amount.
If you need proof, simply compare prices of products from today's date, to an earlier point of time (preferably last year) and you will see it proof for yourself.

>> No.50338874

>>50332169
>I've never had so many left leaning friends and family tell me how disgusted they are with the current state of the party
But at least they can cheer about dethroning Orange Hitler while they eat bugs and rice and pay 10$ for petrol! They really stuck it to the man!

>> No.50339046

>>50331036
this, at least there is no mean tweetz

>> No.50339238
File: 991 KB, 759x710, 1653356578761.png [View same] [iqdb] [saucenao] [google]
50339238

>>50330936
holy fuck we are fucked lmfao no wonder hunter does crack and fucks kids

>> No.50339850

>>50330980
That would send people into a panic
https://www.youtube.com/watch?v=ig446isvXlI

>> No.50340385
File: 41 KB, 426x510, 1519682313954.jpg [View same] [iqdb] [saucenao] [google]
50340385

>>50332515
>there is NOTHING government can't fix
do you idiots actually believe what you say?

>> No.50340406

>gas goes from $2.50 to $5
>drops to $4.50
Holy shit we're saved! We did it!

>> No.50340444
File: 554 KB, 1024x846, 74D18D74-A98A-464D-AEB5-8EDB9BF910A0.png [View same] [iqdb] [saucenao] [google]
50340444

I’m still paying $6.50 for gas

>> No.50340468
File: 1.23 MB, 720x720, 1647808109213.webm [View same] [iqdb] [saucenao] [google]
50340468

You all be laffin at Biden. But that nigga is increasing all the gibs to his voter base. i.e. inflation don't matter

>> No.50340597
File: 714 KB, 795x837, 1643565881795.png [View same] [iqdb] [saucenao] [google]
50340597

>>50330936
>this number only reflects the pain you have already felt.
>you're still alive, aren't you?

>> No.50340901

>>50338224
They’re so disconnected with any reality that they have the nerve to gloat about some imaginary aid they’ve given the American people when it’s their fault all this happened to begin with.

They gave trillions of printed money to people who didn’t need it
They crippled our energy production
They destroyed any semblance of aid to small businesses when they locked the economy down for a flu, and even when it was proven that the vaccine wasn’t helpful and COVID wasnt as dangerous as everyone thought, they refused to open the economy back up because that would require them to admit they were wrong.

This entire country is about to collapse unless we can get all of these nasty rats out of our lives.