#Bidenflation#

[Sucker]

49 minutes ago, RunRaajaRun123 said:

Let’s hope, he comes back to power back in 2024

Trump n co vasthey manaki malli chukkaley

2024 la Dump thatha ready aithundu 

[Raven_Rayes]

19 minutes ago, Ryzen_renoir said:

President sets the agenda for inflation , growth . If Biden is setting up aim for low inflation then he's automatically asking fed to increase interest rates

Republicans are stupid enough to derail the infrastructure bill that could have addressed infrastructure woes to keep up with new rising demand in the US. 

US is growing so phenomenally under Biden that it is insane actually. And instead of cheering it, we have people crying over it. 

[Raven_Rayes]

3 minutes ago, Sucker said:

2024 la Dump thatha ready aithundu 

Lol. 

[Ryzen_renoir]

20 minutes ago, Raven_Rayes said:

Biden must play up growth more. And record levels of low unemployment.

Inflation will eventually subside given fed is hawkish on this. They have a mandate to control the inflation. Even the president can't stop them from doing so. 

Even interest rate rises won't help much this time, since only some part of the inflation is tied to monetary policy here. Europe inflation has caught up to the US, without enjoying the kind of economic growth us has enjoyed. China is falling behind at the moment. Supply chain issues caused by change in buying patterns of customers, wide variety of covid policies in various countries etc causing rise in logistics costs are also a major reason for this inflation. 

If anything this is a period of incredible boom for the US. Especially the last two quarters. And everyone's talking about inflation. Lol. That's why we have the fed. 

Majority of people are extremely upset with these prices , 7% inflation with5 % growth is not a good thing 

We are living in unprecedented times with 40 year high inflation and not a single govt has won with spiralling inflation. 

Case in point UPA 2 , high growth but also high inflation .

[Raven_Rayes]

2 minutes ago, Ryzen_renoir said:

Majority of people are extremely upset with these prices , 7% inflation with5 % growth is not a good thing 

We are living in unprecedented times with 40 year high inflation and not a single govt has won with spiralling inflation. 

Case in point UPA 2 , high growth but also high inflation .

 UPA had high income growth for lower income group too. It pissed off the upper middle class who control the narrative. Atleast in the US, the middle class is the largest electorate. Still I think it's.a question of right communication, and Dems are very poor at this. Busy sucking up to some corporate d1ck. 

Interest rates rise is not gonna control the inflation, without completely stifling the strong growth. 

If it would have, the rates would've risen already. What the US, especially which is seeing an unprecedented spike in demand, needs is infrastructure investment. 

The prices are not coming down without improving it's infra. 

[Raven_Rayes]

13 minutes ago, Ryzen_renoir said:

Majority of people are extremely upset with these prices , 7% inflation with5 % growth is not a good thing 

We are living in unprecedented times with 40 year high inflation and not a single govt has won with spiralling inflation. 

Case in point UPA 2 , high growth but also high inflation .

The feds mandate is to control the inflation. It changed from full employment to also  controlling inflation since 1977. 

They don't need president diktat to do this.

[Raven_Rayes]

37 minutes ago, Ryzen_renoir said:

Majority of people are extremely upset with these prices , 7% inflation with5 % growth is not a good thing 

We are living in unprecedented times with 40 year high inflation and not a single govt has won with spiralling inflation. 

Case in point UPA 2 , high growth but also high inflation .

republicans are extremely good at messaging. They have convinced rural people who will be devastated by a lot of their policies to vote for them.

Democrats just need to own up to the inflation and explain that infrastructure investment will ease the inflation, while also increase incomes for everyone. They have already increased incomes for the lower income groups by greater than the inflation rate. Its the middle and upper middle that are seeing erosion in their purchasing power from earlier.

Instead we have b1tches like Warren barking about how Krogers is fleecing customers with high prices, which is patently untrue. and mindless corporate bashing.

whether infrastructure investment will actually ease inflation and by how much, nobody knows. same applies to rising interest rates. Nobody knows if it will control the inflation, since the reasons for inflation are elsewhere. If there was an easy answer to this, that answer would get the next nobel prize.

its all in the narrative. Institutionally though, the Fed is in control of the inflation. Not the president. thank god for that.