Consumer Rate 8.5%
Fed is going to be forced to increase interest rates significantly and its not going to end well.
Fed is going to be forced to increase interest rates significantly and its not going to end well.
Wholesale Inflation Rate March 11.5%
- Thread starter cardsrock15
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Still giving Reagan credit for the Fed raising interest rates? The man blew up the deficit like a balloon. But at least the contras got funded.
We seem to have hundreds of millions to send to Ukraine in weapons. Is that money coming out of our military budget, or just where does it come from? Just the latest shipment is $800 million and I can't even keep up with how much has been sent before this.
too bad the Europeans have never been forced to fund the defense of their own damn countries
I suspect the Military budget is paying the freight....from what I gather we are shipping arms that we have in stock worth Billions to them. The total is around 2.4 billion Reuters reported.
I hope you are right but things have really changed since 82 with the globalization of the supply chain. Raising the rate is not going to shipping containers, or reopen production in China and abroad, and it's not going to create more long haul truckers to deliver goods either. This might be a bit more complex than in 82.
I'm sure they will try to reduce bonds as well...and hope the raise in rates makes borrowing less appealing so supply can catch up with demand.. We will see if less demand will lower prices at the store fronts or if the people have lost faith in the Govt/Central bank to keep inflation in check.
By Bringing down inflation it could also bring down the economy as well and we head into stagflation and a recessions is on the horizon.
It's not as cut and dried as you claim....
Meat prices increased by double digits.
Tyson’s CEO says they’re asking customers to “pay for inflation.”
Meanwhile, Tyson’s posted $1 billion in profits last quarter — a 48% increase from the first quarter of 2021.
Don't be fooled. This is about corporate greed. It always is. That’s just one example.
Tyson’s CEO says they’re asking customers to “pay for inflation.”
Meanwhile, Tyson’s posted $1 billion in profits last quarter — a 48% increase from the first quarter of 2021.
Don't be fooled. This is about corporate greed. It always is. That’s just one example.
It's called making a profit...I don't get why you see it as a bad and horrible thing. And are those profits and increases a reflection of consumer demand? If people are buying more chicken than in the past and he cost of inflation is built in as it should be then there is nothing wrong with the increase..it means they are selling more chicken.
Why are you so upset about a company making a profit of a product? If you don't like Tyson Chicken then buy another brand or raise your own.
Why are you so upset about a company making a profit of a product? If you don't like Tyson Chicken then buy another brand or raise your own.
So are we bitching about prices and blaming them on the current office-holder, or are we cheering on the multi-billion dollar corporations as they bring capitalism to its zenith?
Clearly if Biden was more Capitalist friendly the price of things be more agreeable to the public. His policies and lack thereof are clearly causing the continues issues.
I'm all for companies making profit...it's what pays the bills. Profit is what enriches the investors, and employee's of the company. Those Profits also provide benefits and cheap goods and services to the average joe Citizen. Profit value is simple take resources of lesser value and turn them into products of greater value thus profit is created for the stakeholders.
Loss in profits indicates the wasting of precious resources on goods that have little value to the consumer and are worth less than the resources that went into making them.
In order to drive innovation and creativity and to please the consumers a profit must be the goal. This leads to better management, better employee treatment, better products and so forth. Is it a perfect system? Nope but better than Communism, Socialism or StakeHolder Capitalism which is nothing more than the Power Elites controlling business using Govt and Corporate leverage to benefit their agenda's and idea's with them living outside the rules they want to inflict on the masses. Which is really no different than Communism and Socialism it's just got a different Oligarchy of people in charge.
I'm jeering Biden's cronies lack of understanding of how to actual help the poor and middle class, if they was really for the Poor and Middle class they would be pro Billion dollar Corporations as opposed to being anti-billion dollar corporation. And thus being anti-consumer and anti-private citizen because they want to control the system. Biden wants to use force to control the market there is no need for that any goal that is beneficial to the average person will be followed without coercion by the govt system. They seem to have a basic lack of understanding of how the system works.
Now maybe the plan is to gut the economy and make the average person suffer so much that they demand the Govt take control of these Multi-Billion dollar corporations to reign them in and take over control. But at this point the Citizens are not being duped by this Narrative and Biden and his Administration is taking the blame as they should because they have made the situation what it is.
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He doesn't know what he's for. He has to wait for his alt right propaganda to tell him.
The most prosperous times in our country's history have always been when corporations and the wealthy pay high marginal tax-rates: i.e. when more of the earnings created by their workers are shared with more people. We didn't all of a sudden become socialist, in fact, those were the biggest times of capitalistic boom and technological innovation. What has happened since is wage stagnation (with regard to inflation) for workers and skyrocketing paydays for CEO's. There is more wealth now than has ever existed, and we are less prosperous as a whole.
100% true. During the Eisenhower presidency that giant socialist was taxing the highest earning Americans at a 70% rate and building highways all over the country. Somehow our economy was still gangbusters.
A society cannot be sustained when it doesn't work for everybody, no matter what the government and economic system are. That is why every government that has existed has eventually failed and will continue to fail.
Conservatives want to talk about the "job creators" as the end-all-be-all, but equally important, in fact, more important are the wealth-creators: a.k.a. the workers. What makes up a company? Is it the legal paperwork? Is it the owner or shareholders? These things are integral, of course, but could a company exist without workers?
This really is the genius of modern conservatism. The core voters have an almost religious devotion to economic policies that have shown over and over to benefit a small percentage at the top with no discernible benefit to themselves. This is not abstruse economic theory. This is shown through 50 years of wage stagnation when adjusting for inflation.
The big issue IMO is anyone thinking we are capitalists.
We are socialist but the big winners are the rich and corps.
Banks too big to fail? Hello commies!
Farms not able to sell their stuff due to trumps tariffs? Gubmint checks incoming!!
The scales have been tilted toward the rich for generations. THAT is our problem.
We aren't capitalistic. The people making all the money just have all the rules written for their benefit.
Same song and dance...I'd say if you have views that reflect ideas from both sides a person is closer to a moderate and centrist than...let's say you who is 100% bought in on the Left wing cultist world view.
I'm on record stating I'm 100% down with taxing the Wealthy a bit more. Taxing Corporations in a era of globalization is not as doable as in the past when they just pull up stakes and move their operations.
I agree CEO pay is outrageous but again that is not really a govt issue at all, if the shareholders and investors are OK with that, outside of paying income taxes then what can or should be done.
Biden basically wants a 40% tax rate on capital gains...if it surpasses the revenue-maximizing rate it could actually lose the govt tax revenue.
Again Higher taxes on income on the wealthy can and does help...but there is a limit.
We are not a Laissez-faire capitalistic society that is true. But we are Capitalists with Socialistic constraints that redistributes wealth.
The Big winners in any system is the Rich/Powerful and Big Business the scales have always been titled nobody said you have a equal chance but you have a Chance.... in our system you have the opportunity to try and make it big, this still happens today.
Yes to big to fail was BS and was nothing but the RICH protecting the RICH...it was 100% a lie that the economy would of tanked if those companies would of went under
The Golden Rule....He who has the GOLD makes the RULES.....That is what the Govt is supposed to mitigate out to level the playing field. Neither side does this at all.
But again this system is freer to a larger degree than most other systems abroad.
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