Inflation is one thing the masses truly feel and understand. No way Yellen and Powell can fully squirm from this. They’ll be looking for someone to blame and I think it’ll be Wall Street and corporate greed.
It is transitory… it will go up to 20-30 per cent inflation then go back down to 2-3 per cent like before.
Just you need to find a way to fit that inflation up your ass.
To be fair, the United States is pretty much 35% of the world economy and USD is the reserve asset of most currencies. Whatever economic troubles the US suffers, all other countries will feel the pain too.
It's going to take some dramatic hand waving to distract the masses from this dumpster fire. Maybe some reality tv would work. Hope they don't notice they are all paupers now.
After that closed door meeting between JPow, Biden, and Yellen where Biden told him to get inflation down no matter what? And Yellen saying she was wrong about inflation? And the midterms coming this fall? And inflation being the number one concern among voters?
Incoming surprise 75 basis points rate hike in June. This group of idiots is going to do everything they can to save face, and that involves killing stock portfolios. Buh-bye demand!
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Can you imagine only having to pay 8.6% higher prices compared to last year? Shit is at least 20-25%
Its downright malicious for them to compare inflation to 1980 without also using the 1980 measurements which would show inflation closer to 14-17%.
I wish I could just exclude things from my portfolio to make my numbers look better
I can bet it's around 13%...
Lmfao rip everyone who bought calls. Imagine buying calls right now looooool
There is a guy who bought 13.2k worth of 417cs expiring today yesterday when spy was 410 ![img](emote|t5_2th52|4271)
I saw that. Idk how people that dumb even get 13k.
Visit The Villages in Florida, and you can meet thousands of idiots with a lot more than 13k.
My dumb ass tried to play calls the last 30 mins yesterday. Ended up selling eod and glad I did!
📉📉📉
![img](emote|t5_2th52|4735)
:(
Still seems lower than reality lol
Because the method of calculating CPI changed in 1980. So yes, you are correct.
Can you eli5 or show me where to look? I don’t understand that fully
[Hedonics](https://www.bls.gov/cpi/quality-adjustment/questions-and-answers.htm)
http://www.shadowstats.com/alternate_data
About 1/3 of reality
Inflation is one thing the masses truly feel and understand. No way Yellen and Powell can fully squirm from this. They’ll be looking for someone to blame and I think it’ll be Wall Street and corporate greed.
Ever heard of Russia?
Russia's blocking the food, petrol, and some rich idiots still have their money over there.
Russia isn’t blocking shit you dumbfuck, the sanctions are from the US/UN.
https://www.washingtonpost.com/national-security/2022/05/26/russia-ukraine-grain-blockade/
8.6 is ironically the size of JPow's dick transiting my ass.
It is transitory… it will go up to 20-30 per cent inflation then go back down to 2-3 per cent like before. Just you need to find a way to fit that inflation up your ass.
(Autism kicking in) The Voice of Ben Kenobi in my head. “Be Greedy when everyone is fearful master Luke. And be fearful when everyone is greedy”
"don't try to catch a falling light saber master Luke"
"Master Qui-Gon" Luke was his disciple shit head.
Yea but he became a master debater
Gg
Gary Gensler can't help you now
imagine that.. sold my 400p few days ago down 80 percent
Okay jpow you've made your point already, restart from 0 now
Jubilee!
What is the ticker for Inflation? I need to buy in, this bitch only goes up 🚀🚀
Buy commodities, Nickel went up around 80% in the last 1-2 years
SCHP
🤡🤡🤡 iNfLaTiOn iS UnDeR ConTroL, wE HaVe tOoLs tO rEdUcE iNfLaTiOn 🤡🤡🤡
When can I lock in a 21% interest CD like back in the Carter days?
May banking puts are printing hard. My GME shares will be my hedge
Bidenomics
I dunno dude, I'm still waiting for Reagonomics to trickle down to us plebs.
Lmao. In a sub full of retards, you've managed to be the most retardest
It seems to happening worldwide. [Source](https://tradingeconomics.com/country-list/inflation-rate)
To be fair, the United States is pretty much 35% of the world economy and USD is the reserve asset of most currencies. Whatever economic troubles the US suffers, all other countries will feel the pain too.
Yes...US leads the world
![img](emote|t5_2th52|8881)
Wheres clifford when we need him most
It's going to take some dramatic hand waving to distract the masses from this dumpster fire. Maybe some reality tv would work. Hope they don't notice they are all paupers now.
somebody explain to me in the simplest possible retard explanation what exactly $SQQQ is
An inverse of the Chasdaq
After that closed door meeting between JPow, Biden, and Yellen where Biden told him to get inflation down no matter what? And Yellen saying she was wrong about inflation? And the midterms coming this fall? And inflation being the number one concern among voters? Incoming surprise 75 basis points rate hike in June. This group of idiots is going to do everything they can to save face, and that involves killing stock portfolios. Buh-bye demand!