There’s doubt starting to form that Fed interest rate hikes will do anything for inflation

PaoliLion

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Nov 2, 2003
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Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain


The Fed chair should be canned. First, he was appointed by Trump, so he’s not qualified and dumb. Second, he’s shooting the economy in the head.
 

Lion8286

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Sep 1, 2008
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Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain


The Fed chair should be canned. First, he was appointed by Trump, so he’s not qualified and dumb. Second, he’s shooting the economy in the head.

You forgot to mention that Biden nominated unqualified and dumb Powell again in 2021, Paoli. Your'e such a moron.

 

Sullivan

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Nov 24, 2001
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Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain


The Fed chair should be canned. First, he was appointed by Trump, so he’s not qualified and dumb. Second, he’s shooting the economy in the head.

Powell and the D’s botched it together. Powell failed to begin increasing rates last year, in exchange for the D’s to reconfirm him. Meanwhile, the D’s spent like drunken soldiers.
 

PaoliLion

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Powell and the D’s botched it together. Powell failed to begin increasing rates last year, in exchange for the D’s to reconfirm him. Meanwhile, the D’s spent like drunken soldiers.

Most of the spending was under Trump, son. Learn to internet.
 
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bdgan

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May 29, 2008
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Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain


The Fed chair should be canned. First, he was appointed by Trump, so he’s not qualified and dumb. Second, he’s shooting the economy in the head.
  • Biden renominated Powell.
  • Biden appointed Yellen to treasury secretary. Yellen promoted big spending programs and promised that inflation was transitory.
  • Powell went along with Biden's spending and also said inflation was transitory. He probably did that to get renominated.
  • Higher rates will eventually bring down inflation in many areas like home construction, autos, and corporate capital investment. The problem is it takes a long time to get the genie back in the bottle.
 

JR4PSU

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Sep 27, 2002
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Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain


The Fed chair should be canned. First, he was appointed by Trump, so he’s not qualified and dumb. Second, he’s shooting the economy in the head.
Well, two out of three ain’t bad.

corporate greed is lift wing propaganda.

Energy costs are far and away the largest component of inflation. Supply chain issues related to China supplied goods would be second, and third is the pushing of $2T+ money into the money supply by the Biden administration.
 

TN Lion

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Sep 6, 2001
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Biden squandered Trump's strong economy and low inflation.
Yep and then in waltzes the democrats dumping truckloads of money into the economy like every day is Christmas in order to buy votes for the next election and the economy goes to shit. But this time, it is really backfiring on them and costing us all trillions in retirement savings and cost of living spiking. PIeholei is getting very desperate making absurd post after absurd post trying to deflect democrat economic Armageddon on the other party,
 

PaoliLion

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Well, two out of three ain’t bad.

corporate greed is lift wing propaganda.

Energy costs are far and away the largest component of inflation. Supply chain issues related to China supplied goods would be second, and third is the pushing of $2T+ money into the money supply by the Biden administration.

corporate greed is too much of a catch-all. The truth is that industry consolidation / lack of competition is the actual issue. It shocks me how Republicans think these things are “good”
 

PaoliLion

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I will repeat what I said:

All of the spending was introduced by the D's. The spending in 2021 and 2022 is what caused inflation.

Biden and the D's screwed the pooch.

I see - Trump was president, but the Dems controlled the house, so it was their fault. You’re about as thoughtful as a bag of chips.
 

Sullivan

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Nov 24, 2001
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I see - Trump was president, but the Dems controlled the house, so it was their fault. You’re about as thoughtful as a bag of chips.

Trump wasn't President in 2021 & 2022 when the D's were doing the spending, that caused inflation.

The R's wanted the D's to stop spending out of fear of inflation....instead, the D's were introducing bills that they claimed would reduce inflation. The D's were wrong!
 
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PaoliLion

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Trump wasn't President in 2021 & 2022 when the D's were doing the spending, that caused inflation.

The R's were saying stop spending....instead, the D's were introducing bills that they claimed would reduce inflation. The D's were wrong!

There was more money spent under Trump on Stimulus than Biden. It’s shocking that you don’t know that. Seriously, get educated
 

Sullivan

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There was more money spent under Trump on Stimulus than Biden. It’s shocking that you don’t know that. Seriously, get educated

Of course there was more money spent during Covid -- the D's shut down the businesses. You apparently don't recall that the D governors allowed businesses to reopen when Biden took office in January of 2021.

The problem occurred when D's kept spending in 2021 and 2022. That's what caused the inflation.
 
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ChiTownLion

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May 29, 2001
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Welp, that explains why Biden guaranteed inflation would keep going up after the midterms when Republicans take control.
 

JR4PSU

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corporate greed is too much of a catch-all. The truth is that industry consolidation / lack of competition is the actual issue. It shocks me how Republicans think these things are “good”
you're saying conservatives believe a lack of competition is good? You really do not understand conservatism.

fact is that liberals believe a lack of competition is good. they, after all, believe that the government should control the instruments of wealth and production. it's called Socialism.
 

PaoliLion

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you're saying conservatives believe a lack of competition is good? You really do not understand conservatism.

fact is that liberals believe a lack of competition is good. they, after all, believe that the government should control the instruments of wealth and production. it's called Socialism.

The Republican philosophy is “pro business” and, as a rule of thumb, the party is pro-consolidation, anti-government oversight into M&A. Consolidation always reduces competition.

The Democrats philosophy is ”pro consumer” and, as a rule of thumb, the party is anti-consolidation.

Peter Thiel, arguably one of the top 5 most important leaders in the Republican Party, strongly believes that monopolies are good (winner take all mentality).
 
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JR4PSU

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The Republican philosophy is “pro business” and, as a rule of thumb, the party is pro-consolidation, anti-government oversight into M&A. Consolidation always reduces competition. FALSE you confuse business owners/CEOs with the Republican Party.

The Democrats philosophy is ”pro consumer” and, as a rule of thumb, the party is anti-consolidation. FALSE Democrats would love the government to tell every business what they can and can't do, essentially making the government the monopoly

Peter Thiel, arguably one of the top 5 most important leaders in the Republican Party, strongly believes that monopolies are good (winner take all mentality). FALSE
 
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Hotshoe

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Zuckerberg believes in company over country and winner take all. He's a big lib. Lmao.
 

TN Lion

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corporate greed is too much of a catch-all. The truth is that industry consolidation / lack of competition is the actual issue. It shocks me how Republicans think these things are “good”
Nope it's the greed of the left. Taxing the producers and giving that tax money to their supporters. Please do keep sleepwalking through life.
 

PaoliLion

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Nope it's the greed of the left. Taxing the producers and giving that tax money to their supporters. Please do keep sleepwalking through life.

You won’t find a single economist who agrees with you on that point…