Info Koch Bros / Americans for Prosperity starting a new propaganda war. Facts and consistency be damned.

[HomerJS]

How many times are they going to pull the same will over people’s eyes. Have you see the commercials popping up everywhere titled Prosperity is possible? Ads blame government for inflation and claim they have new ideas. By blaming government they mean Biden because no ads by them complaining about government spending until Joe took over. Ads are factually challenged because they fail to tell the truth that inflation is a global problem not a US government problem.

Same surreptitious shit they pulled off during the Tea Party outbreak. Repeat lies until people believe it.

 

[Moonbeam]

As a suspicious and cynical person I have lone felt that every time a Democrat is elected corporations raise prices and create inflation to get them voted out in the next election.

 

[HomerJS]

Oil companies def did it. Take a look at he chart showing cost of oil barrel vs gallon of gas. Those lines flipped shortly after Covid. They are profiteering

 

[Vic]

The currently global inflation was caused by central banks' monetary policies leading up to and during covid. Interest rates were pushed artificially low leading to excess borrowing, increased monetary supply and investor speculation.
We were, to use an analogy from Douglas Adams, as prosperous as people who use leaves for money would be in the fall.

 

[Moonbeam]

The currently global inflation was caused by central banks' monetary policies leading up to and during covid. Interest rates were pushed artificially low leading to excess borrowing, increased monetary supply and investor speculation.
We were, to use an analogy from Douglas Adams, as prosperous as people who use leaves for money would be in the fall.

So where do you see thing heading? Will rates climb, level off, decline, or other things coming?

 

[Vic]

So where do you see thing heading? Will rates climb, level off, decline, or other things coming?

Inflation has slowed and interest rates will level off followed by a slow decline as central banks keep their inflation target at 2% and unemployment at around 5%. With the economy still fairly strong at the current rates, the Fed will have plenty to work with to avoid a recession.

 

[Moonbeam]

Inflation has slowed and interest rates will level off followed by a slow decline as central banks keep their inflation target at 2% and unemployment at around 5%. With the economy still fairly strong at the current rates, the Fed will have plenty to work with to avoid a recession.

What a joy to be able to ask questions of people who know things. Thanks.

 

[A///]

Koch bros? 2 of the influential ones are dead. The outcast is the only one alive.

 

[HomerJS]

Their ideology is alive and well. Lying to people that the President can control gas prices by “ drill baby drill”.

 

[balloonshark]

The currently global inflation was caused by central banks' monetary policies leading up to and during covid. Interest rates were pushed artificially low leading to excess borrowing, increased monetary supply and investor speculation.
We were, to use an analogy from Douglas Adams, as prosperous as people who use leaves for money would be in the fall.

Wasn't it trump who insisted on lowering the interest rates while the economy was doing good despite the experts telling him not to lower the rates?

Wasn't it trump who cut taxes on the rich during good economic times instead of taking that opportunity to reduce our debt?

Would lowering the rates have been a tool for Biden to use when the economy started to slow but he didn't have that option thanks to trump?

 

[HomerJS]

The currently global inflation was caused by central banks' monetary policies leading up to and during covid. Interest rates were pushed artificially low leading to excess borrowing, increased monetary supply and investor speculation.
We were, to use an analogy from Douglas Adams, as prosperous as people who use leaves for money would be in the fall.

Interruption of the global supply chain and the Ukraine War are the main culprits.

 

[brycejones]

Koch bros? 2 of the influential ones are dead. The outcast is the only one alive.

The next generation is worse. They are entitled fucks who won the birth lottery and believe they “earned and deserve” their wealth and power.