Article

2022-05-14 Economy

Harvard Economist: 'Inflation‘Not Getting Under Control' ‘Not Even Sure' Fed Can ‘Cool' It Without Recession

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Posted by Besoeker 2022-05-14 01:33|| || Front Page|| [8 views ] Top

#1 Everybody selling old stock from the last bust with inflated prices to maintain a steady bottom line and CEO bonuses.

Posted by Skidmark 2022-05-14 10:31|| 2022-05-14 10:31|| Front Page Top

#2 'It's just misdirection': Jeff Bezos calls on Biden's new Disinformation Board to review the president's tweet for 'mushing' together raising corporate taxes to tame rampant inflation

Posted by Skidmark 2022-05-14 10:48|| 2022-05-14 10:48|| Front Page Top

#3 One of the first jobs I did was an inventory system that tracked forex daily. Your inventory is worth what it's worth, not what you paid for it.

Posted by M. Murcek 2022-05-14 10:52|| 2022-05-14 10:52|| Front Page Top

#4 Petroleum is the prime mover of the world economy
You raise the cost of fuel and everything shipped by truck or train becomes more expensive
If you screw with the supply side of the curve the balance point between supply and demand moves upward especially with commodities with inelastic demand.
Everything they have done from ruining our balance of payments to ruining what little monetary policy we have and finally artificially inflating the cost of the prime mover of our economy led to this
Actually Carter didn’t do any of these things so Biden is worse

Posted by Sock Puppet of Doom 2022-05-14 17:10|| 2022-05-14 17:10|| Front Page Top

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