/biz/ - Business & Finance

>>56059255
Trump turned the money printer in an shut down the economy. We were doomed then

>>56059280
where are all the nudes of Ghislaine? she is so hot. i don't get why Epstein didn't just fuck her 24/7

>>56061042
everyone who buys an iphone is directly making that billionaire widow on the left a little bit richer

>>56059255
because they aren't checking truflation. it's been down as low as 2.08% this year.

>jew supports jewish regime

Not hard to figure that one out

>people are miserable
>education costs are outrageous
>trade schools are waitlisted
>home ownership is unrealistic to most people
>car prices are soaring, both new and used
but yeah the economy is doing well because grocery prices stabilized and in some cases retracted.

you can't really say the economy is working when so many people feel like they are languishing.

>good news goyim! after the 12% yoy inflation and the 15% yoy inflation prices have only increased by another 5% this year! rejoice!

>>56061042
Everyone around her fucked the flatties aged 10 below
Patrician taste

>>56059255
yea well the wider public still believes the personal computer had a significant impact on the economy so I guess a lot of things haven't broken through to them yet

>>56059280
inflation isn't down, my source is the market

>>56062665
(You)

>>56059255
>he fixed the economy

>>56059255
>the economy is fixed

>>56062807
THAT MEANS IT'S WORKING

Most people seem to think inflation going down means prices go down. They can't into derivatives. In a way this means people are too stupid to get the propaganda lmao.

>>56059255
Inflation is coming down, but it's getting sticky at about 2.7%

See: https://truflation.com/

Next CPI report on wednesday is going to be "better than expected" and market will boom a bit.

But unless housing starts coming down more, and energy, it will be one of the last few good CPI reports, inflation might skyrocket again.

>>56062097
It's not fair

>>56059255
They haven't healed yet.

>>56059280
Low IQ take. House controls spending. It was really Pelosi + JPow but most civvies don't understand government and the kike owned media/tech conglomerate clearly astroturfs the news/internet.

>>56062928
People are saying the next inflation report will be a 30 basis increase in headline.

>>56059255

Consumers know what they see. Economists "know" what they "see":

>Pack of jerky I used to buy $3 cost $9 (last week)
>Land prices 5x'd
>Housing prices (in non coastal areas) still have not corrected, and remain at 2021 peak levels
>Used cars going for as much as new
>New cars going for as much as luxury used to

Not to mention that inflation going "down" in their eyes doesn't mean it can't spike up again without warning. Their confidence makes me even more bearish, always do the opposite of what they say.

>>56061965
>grocery prices stabilized

They have not. Only shifted to different items, at least where I live.

God damn I hate jews

>everything doubles or triples in price
>meanwhile wages stay the same or get cut
>inflation goes back to “normal”
>democrats/elites, “we fixed it why wont anyone notice us!!!”
How are they seriously this out if touch

BoC paused rate hikes. They usually front run the fed. I wouldn't be surprised to see jpow pause and say don't rule out future rate hikes to keep the market from overheating.

Prices haven’t gone down though, is this guy a moron? Inflation “cooling” doesn’t matter, we need deflation for any actual relief

>>56063691
>God damn I hate jews
Common naw.... mebes they're not all so bad...

>>56063744
jewish women are the worst for perpetuating the jewish lineage

>>56059255
>they say inflation is down
>go outside and prices are way up
>>retards believe what they say

Lol, get a damn job, crackers

>>56063743
>consumption is more than assets

Kys poorfag

>>56061042
Ghislaine is hot for people like you and me but Epstein had a steady supply of 10/10 teens on call 24/7.

>um actually prices are down
>No your grocery receipt isn't real
>No your rent price isn't real either
>Ugh! Just stop falling for right-wing propaganda! Prices are DOWN

>>56062807
Does anyone know why the short term rates are higher than the long term?

>inflation is down
Only means that the rate of increase is down. THE RATE OF INCREASE. It's still going up. Shit is still getting more expensive, just more slowly than it was last year. Fuck economists.

>>56062799
This debt is such bullshit, why can’t the Jews just be happy with their hundreds of billions they already have and for once just forgive this imaginary debt that we have to pay interest on

>>56061965
>you can't really say the economy is working when so many people feel like they are languishing.
You wish that were true. This is the new economy.

>>56062011
>can't beat 3% inflation
>s&p500 is at 14% YoY
Have you tried not being a retarded faggot

>>56059255
I got my cat fixed, now he can't multiply.

>>56063999
cause the economy is healthy and things will get better soon. duh.

>>56064028
And they aren't even at their target rate yet.

>>56063233
>>56063233
Trump was the first president to publicly criticize the Fed
He bitched they didn't print enough money.
Letting him off the hook (he signed it too) is retarded and pathetic.

You can give him credit for insisting average people and small business got a cut.

>>56064050
They sell this debt as "risk free" to everyone (boomer pensions, foreign countries, stupid goyim) so everything goes tits up when they default.

It's insurance to keep the scam going

Wasn't it the stimmys that made things worse?

>>56063710
the
rates
are
never
going
down

>>56059255
Biden dumped oil which artificially dropped prices, now oil is ripping higher again and they can’t afford to deplete the SPR any further. Inflation is going to tip higher again over the next 6 months as oils hits records prices driving up the cost of everything else.

>>56064050
unironically this is probably what will happen. in the same way a bankrupt corporation writes off a couple billion dollars of stupid decisions we'll do it with trillions.

>>56063123
Kys

>>56064586
In some areas the stimmies caused inflation. I don't think anyone is surprised that when you give everyone in the country $1,000 video game consoles become scarce commodities and the guy who makes luxury purses becomes the richest man in the world. What really fucked the economy up was the lockdowns destroying supply chains. Imagine you're, say, a construction company with dozens of established vendors and half of them shutter up for a year and there are so few transportation workers/transportation equipment that it costs a fortune and months of time to get your equipment. That doesn't just go away. Recovering from that is on the same scale as industrializing an undeveloped country. It was probably the increase in aggregate demand that kept the U.S. economy from completely collapsing because there was still an incentive to engage in business even if it was hard to do so.

>>56064665
>Biden dumped oil which artificially dropped prices
I love how he stopped doing this less than two weeks after the midterm. What fucking scumbags lmao.

>I conversed with smart people
That has to be an AI account, right? Who the fuck talks like this?

>>56059255
inflation represents a rate of change over time and normies live in the now, they don't see through the 4th dimension like us crypto traders

>>56059255
i'm glad to hear the economy is fixed but i can't help but notice nothing has gotten better for me?

>>56059255
>inflation isn't real!
>inflation is actually a sign of a strong economy!
>see, a house that used to cost $500k in 2019 now costs $1million, instead of $2million! checkmate chuds!
>biden isn't to blame for inflation because the president doesn't control the economy!
>wow! inflation went from 10% in 2022 to 3% in 2023 with no signs of slowing down! muh heckin based dark brandon!
Democrats are subhuman creatures who deserve physical harm.
This is not a joke nor some boomer-tier "let's go Brandon!" shit.

>>56063233
You're take is low IQ because you're just grasping at straws trying to forgive Trump. You're unable to think past party lines that these politicians are fucking up

Buy a fucking ad, Paul.

>>56065599
I laughed sardonically

Faggot pedophiles who can't define "woman" and who believe 2+2=5 have no valid argument to discuss economics.

>>56064241
>holding an "asset" that's been flat for 60 years

>smart people
>who follow the news

>>56065671
My hatred for smug, midwit shitlibs can't be quantified with mere words.

>>56059255
>way down
target for multiple decades was 2%. Is inflation below that target? No? Then I would tend to say that it is "high".

Way down... in terms of YoY%

>It's only 3% higher than 12% higher than baseline. Therefore it's down.

>>56059255
This is just what happens when a sheltered incel become rich, they aren't hateful but they are just as clueless and delusional. This manchild probably doesn't even buy his own food or he'd know prices are way up from a year ago.

Surprised he doesn't still live with mommy too.

>>56062761
Wait Trump is a snitch?!?

>>56063123
Life isn’t fair kid

>>56064586
No you fucking retard.
It was the banks that got free money for intentionally failing.

>>56064586
The economy is too complex for that. Assigning a simple culprit for any major inflation event does not make any sense especially when you throw in stagflation as a possible outcome.

>>56059255
The price level raised by inflation is permanent.

I JUST LOOKED IN THE MIRROR AND THINGS ARENT LOOKING SO GOOD

inflation could go up by 1% and it would still be going up, meaning none of the huge increases have gone away

we need a couple years of 10% deflation just to get back to the pre-covid baseline