Democrat: Hurt by Inflaton? EAT CANNED PASTA.

[reason10]

And by the way, boys and girls, THE LAST group you want to consult as a source is the Federal Reserve. This is an entity that is responsible for the creation of the GREAT DEPRESSION.

From one of the most brilliant economists of all time, (as well as a Fed Chairman himself)

https://constitution.org/1-Activism/mon/greenspan_gold.htm

https://apollofintech.medium.com/federal-reserve-the-real-cause-of-1930s-great-depression-part-1-164eb3ab18ab

Quote

History books falsely teach students that Great Depression of the 1930s was caused by the stock market crash of 1929, as well as, failure of businesses. It’s a dangerous myth that doesn’t blame the real culprit: The Federal Reserve.

https://fee.org/articles/the-great-depression-according-to-milton-friedman/

Quote

Friedman, the great free-market champion of the last 50 years and one of the most influential economists of the last 200 years, died in November 2006 at 94. He left us an immense intellectual legacy, including his explanation of the causes of the Great Depression, which, while persuading a majority of the economics profession, has yet to fully trickle down to the public. It is truly a great mystery why Friedman’s explanation has not been more widely recognized and accepted, especially given its influence among economists. Maybe the reason is that it does not lend itself to quick sound bites by politicians eager to justify more power. Or maybe it is usually presented in a way that makes it too difficult for the layperson to understand. Or maybe it is just that people find it easier to blame the “capitalists” rather than the hallowed Federal Reserve. Whatever the case, it would be beneficial to revisit Friedman’s argument.

 

[robosmith]

4 hours ago, reason10 said:

You have posted some hack's OPINION of the history of inflation in a chart.

I have refuted your hack sources with reliable sites and facts.

No dishonesty involved in winning an argument with you.

You posted NO HISTORY of inflation nor ANYTHING which refutes the history I posted.

[robosmith]

4 hours ago, reason10 said:

Your sites are not evidence. Just OPINIONS from liberals.

There are NO real reporters on the left. And NO FACTS.

You can DENY the history I POSTED all you want, BUT ONLY EVIDENCE refutes them.

You got NUTHIN

[robosmith]

4 hours ago, reason10 said:

That is a LIE. My sources (which are factual) have PROVED it is a lie.

This inflation is BIDEN'S FAULT. Those are the facts, and facts don't care about your feelings.

No reason to believe ^this opinion. All the spending that Biden approved to recover from the pandemic, Trump did EARLIER.

Of course Trump's tax cuts ALSO expanded the money supply. Inflation would have soared earlier if he had not BUNGLED the pandemic response.

[Hodad]

6 hours ago, reason10 said:

That is a LIE. My sources (which are factual) have PROVED it is a lie.

This inflation is BIDEN'S FAULT. Those are the facts, and facts don't care about your feelings.

Serious question, do you have some condition?

This is your claim: "Biden is solely responsible for the massive EXPLOSION of M-1 dollar supply" 

This is reality: FRED

 

You're utterly disconnected from reality, shouting that night is day and the sky is green. You're not even disagreeing about causes, but about plain, recorded facts. If you have some kind of condition or excuse for this behavior we can make accommodations. But if you're just an obstinate troll you deserve to be roundly mocked.

[herbie]

His sources that reinforce the imbecilic concept that socialism is inherently evil, but the government is to blame for market prices?

Ya don't say!

[reason10]

17 hours ago, robosmith said:

You posted NO HISTORY of inflation nor ANYTHING which refutes the history I posted.

Yes I did. You just hate losing an argument.

[reason10]

15 hours ago, Hodad said:

Serious question, do you have some condition?

This is your claim: "Biden is solely responsible for the massive EXPLOSION of M-1 dollar supply" 

This is reality: FRED

 

You're utterly disconnected from reality, shouting that night is day and the sky is green. You're not even disagreeing about causes, but about plain, recorded facts. If you have some kind of condition or excuse for this behavior we can make accommodations. But if you're just an obstinate troll you deserve to be roundly mocked.

Like I said, charts are easy to create. They have ZERO credibility compared to the sources I gave.

Ask someone with an education to read my sources to you.

[Rebound]

23 hours ago, reason10 said:

That is a LIE. My sources (which are factual) have PROVED it is a lie.

This inflation is BIDEN'S FAULT. Those are the facts, and facts don't care about your feelings.

Do even get that all you do is state opinions as fact? 

A "fact" is something that is objectively true and measurable. For example, "There is inflation." That is a fact.

"Inflation is Biden's fault" is not a fact. At least, not the way you state it. Why do you think that the current worldwide inflation Biden's fault? What US federal government policy, in your opinion, would change it? 

[Hodad]

1 hour ago, reason10 said:

Like I said, charts are easy to create. They have ZERO credibility compared to the sources I gave.

Ask someone with an education to read my sources to you.

Yes, it's very easy for the Federal Reserve, which controls the money supply, to create charts about the money supply. They are, after all, the definitive source for that information. 

You are arguing that people should ignore*actual* data, and instead slurp up opinion pieces.

I see you're just tripling down on stupid. How Trumpian. We see you.

Edited November 9, 2022 by Hodad

[robosmith]

6 hours ago, reason10 said:

Yes I did. You just hate losing an argument.

IF you believe you have posted a history of inflation which is DIFFERENT than my post, POINT TO IT HERE.

Put up or shut up.

[reason10]

18 hours ago, robosmith said:

IF you believe you have posted a history of inflation which is DIFFERENT than my post, POINT TO IT HERE.

Put up or shut up.

Asked and answered. I provided RELIABLE links, not some chart created by some liberal who has a lot of time on his/her hands.

[robosmith]

22 hours ago, robosmith said:

IF you believe you have posted a history of inflation which is DIFFERENT than my post, POINT TO IT HERE.

Put up or shut up.

 

3 hours ago, reason10 said:

Asked and answered. I provided RELIABLE links, not some chart created by some liberal who has a lot of time on his/her hands.

Nope. Since you cannot point to it, it doesn't exist.

Here is what YOUR reason.com CITE SAYS:

Quote

The Consumer Price Index (CPI) tracks the cost of everyday items. It's jacked up a whopping 6.8 percent over the past year, the biggest increase in almost 40 years.

Which beLIES your claim it is highest IN HISTORY.

Go ahead and re-demonstrate your dishonesty by LYING AGAIN. Bye Bye ?

Edited November 10, 2022 by robosmith

[reason10]

14 minutes ago, robosmith said:

 

Nope. Since you cannot point to it, it doesn't exist.

Here is what YOUR reason.com CITE SAYS:

Which beLIES your claim it is highest IN HISTORY.

Go ahead and re-demonstrate your dishonesty by LYING AGAIN. Bye Bye ?

You can't point to anything reliable either. I'll go with my credible links over your hack sources and numb nuts Woke opinions.

You're the only LIAR here.