What's up with the AZ audit reveal?

[flgfish]

I think he was being facetious. He's referencing Twitter's dismissive response to all of this.

Yep

 

[Darkpriest667]

eh, it's probably better they stole the election anyways... Currencies are going tits up, and Trump wouldn't have been able to stop that. Let it happen on their watch.

Agreed, the inflation was going to happen as soon as that first stimulus was signed. Hopefully its not hyper inflation. The recession was unavoidable. They can't blame job losses after 12 months on Trump, We could be in a serious recession and not even know it until it's too late. It's looking a lot like stagflation.. high unemployment and high inflation.

 

[wiredgeorge]

As long as fuel and food prices are not part of the consumer price index inflation numbers will not be real.

 

[mnpshooter]

Agreed, the inflation was going to happen as soon as that first stimulus was signed. Hopefully its not hyper inflation. The recession was unavoidable. They can't blame job losses after 12 months on Trump, We could be in a serious recession and not even know it until it's too late. It's looking a lot like stagflation.. high unemployment and high inflation.

Let’s not forget who pushed extra hard to put the policies in place (extra unemployment pay) that are now causing the stagnant job market. Hint: they are the same ones that have caused the crime rates to skyrocket. This is all in their plan for complete destabilization of our country.

 

[BRD@66]

We'll work up a number 6 on 'em.

 

[Darkpriest667]

As long as fuel and food prices are not part of the consumer price index inflation numbers will not be real.

Well considering they are part of the CPI it is real.. What is going on is they are telling you the core price index, which is inflation minus volatile goods (which food and fuel are part of.)

The 4 indexes economists use are

Consumer price index -- CPI -- Basket of goods and services

Core price index -- CPI - volatile goods

Produce Price Index - commodities and inputs that go into manufacturing final goods

Employment Price Index -- measuring the cost of labor to produce goods and services\

The 5.4% in June was Core.. meaning they didn't include the volatile goods in that to measure the inflation rate. The actual inflation rate of CPI was closer to 12%

 

[SouthTXGunner23]

09
Z

 

[kbaxter60]

09
Z

You sank my battleship!

And welcome to the forum.

 

[stdreb27]

Agreed, the inflation was going to happen as soon as that first stimulus was signed. Hopefully its not hyper inflation. The recession was unavoidable. They can't blame job losses after 12 months on Trump, We could be in a serious recession and not even know it until it's too late. It's looking a lot like stagflation.. high unemployment and high inflation.

Politely the stimulus is a drop in the bucket.

 

[candcallen]

Anyone remember 12% home loan rates?

My first house was 7.5

My second was 7

This one was 3 something.

 

[Texas45]

Anyone remember 12% home loan rates?

My first house was 7.5

My second was 7

This one was 3 something.

12% aint shiat

My 1st one was 21%.

1982.

Currently on home 2.6%

Raw Land I have is 6.5% however it is a co op loan so I get money back every yr. That is turned right back as a principle payment.

The low rates currently WILL not be here much longer


Sent from my iPhone using Tapatalk

 

[Darkpriest667]

Politely the stimulus is a drop in the bucket.

Politely, no it wasn't when it comes to inflation.

M1 Money supply in billions.

We printed 2/3 of the entire M1 Supply in 1 quarter this year. The stimulus was NOT just another drop in the bucket. Everything is fine and dandy until REAL money starts hitting the streets. Porking your buddy over at Smith Enterprises doesnt have near the effect on the economy or inflation that dropping a 4.8 trillion dollars to the masses does.

• FY 2020 U.S. Government Spending: $6.5 trillion
• FY 2020 Deficit: $3.1 trillion
• Stimulus Spending: $2.6 trillion
• Stimulus Tax Relief: $900 billion
• Second Stimulus Spending: $2.2 trillion

When it comes to debt spending yes it was only about 13% of our total debt (unless you count unfunded liabilities then it was about 2%) but it did have a massive effect on the M1 money supply in the economy. Which is why it might cause hyperinflation.

Unemployment is hovering at like 6.1% which is above the number we (as economists) like to see.. We prefer to see 5% or at least between 4 and 6 % as a healthy normal unemployment rate, but it looks to continue be going up (not to consider underemployment or those that have simply left the workforce.)

We are in an extremely precarious position right now and if we don't hold our mouths just right we might be fucked for a decade.

 

[toddnjoyce]

The funny thing is that fiscal policy/money printing does nothing (at best) or makes worse supply based inflation (which is what were seeing right now).

 

[Darkpriest667]

The funny thing is that fiscal policy/money printing does nothing (at best) or makes worse supply based inflation (which is what were seeing right now).

Powell said the growth in the money supply "Doesn't really have important implications" That is the Fed Chairman, what a fucking moron. Of course it does you jackass!

MV=Py is a thing!

 

[TheDan]

Politely, no it wasn't when it comes to inflation.

M1 Money supply in billions.

View attachment 267665

We printed 2/3 of the entire M1 Supply in 1 quarter this year. The stimulus was NOT just another drop in the bucket. Everything is fine and dandy until REAL money starts hitting the streets. Porking your buddy over at Smith Enterprises doesnt have near the effect on the economy or inflation that dropping a 4.8 trillion dollars to the masses does.

• FY 2020 U.S. Government Spending: $6.5 trillion
• FY 2020 Deficit: $3.1 trillion
• Stimulus Spending: $2.6 trillion
• Stimulus Tax Relief: $900 billion
• Second Stimulus Spending: $2.2 trillion

When it comes to debt spending yes it was only about 13% of our total debt (unless you count unfunded liabilities then it was about 2%) but it did have a massive effect on the M1 money supply in the economy. Which is why it might cause hyperinflation.

Unemployment is hovering at like 6.1% which is above the number we (as economists) like to see.. We prefer to see 5% or at least between 4 and 6 % as a healthy normal unemployment rate, but it looks to continue be going up (not to consider underemployment or those that have simply left the workforce.)

View attachment 267666


We are in an extremely precarious position right now and if we don't hold our mouths just right we might be fucked for a decade.

What I find interesting is that the banks are parking all of that at the Fed. They aren't making as many loans and aren't even buying Tbills with it. Like they don't trust people or the government's ability to re-pay or something

 

[Vaquero]

I thought they audited the election.

 

[1911'S 4 Me]

I thought they audited the election.

What was that outcome? Another sidetracked thread.

 

[Axxe55]

 

[contender buff]

Any news on the Arizona audit outcome?

 

[candcallen]

Every thing you need to know were thousands of ballots without serial numbers.