The great thing about price inflation (which thank goodness we don't call it what it really is, currency devaluation, or what it REALLY is, State thievery) is our wonderful government causes the problem, and only our wonderful government can fix it for us!
Pandemic mis-management, an economically illiterate President and Democrats, monetary inflation are the problems.
Price instability is caused by monetary inflation (caused by trillions of $ from thin air being pumped into the economy and far too low interest rates). Jobs are created when increased output is needed to meet demand, but output cannot be increased because money is being taken away from the wealth generators (the people who invest to increase output) and put in the hands of consumers whose demand so far exceeds supply, that price and wage inflation is inevitable.
Low interest rates, pumping ever more money into the economy, tackling (ineffectually anyway) the symptoms not the cause is not the solution.
Cancelling the XL pipeline, making domestic oil/gas extraction more difficult and costly, Russian sanctions means investors have already priced all that into fossil fuel futures contracts so prices will be up in 3, 6, 12 months time. It is an incentive for domestic and global producers to hold back supply to the current market to sell in months time when prices are on the up.
The problem with politicians is the fatal conceit - they believe complex systems, climate, economy, epidemics can be controlled by clever them, by ‘policies’, taxes and legislation and a lot of huffing and puffing.
These are starry-eyed, non-thinking, robotic Statists who don't see the obvious contradiction in having the government "fix" problems that the government causes.
I'm not so sure. My sense is her heart (even at her young age) has long since been poisoned with Statism. In other words, she no longer needs any practice in delivery. It has become un-thinkingly natural to her, and she is only one of millions our education system and Leftist Zeit Geist have churned out post-WWII, when Statism, even in the West, really started to take hold.
Ehm, I supposedly know english as my second language, but I'm having a real hard time understanding that seemingly simple phrase. It seems to say nothing at all?
I don't think it's an English language issue; likely Duolingo needs to add "Bullsh*t" to its list of languages to help all of us with statements like this. It's like if you had a friend with the most defiant, rude, quarrelsome children you'd ever met who told you his impending divorce was a consequence of having an effective parenting strategy.
Oh, that Nina! Do you believe, I had completely shunted it out of my mind and it was not long ago you posted her performances.
And she is neither of the omen I mentioned, she is more akin to Axis Sally. While the women in the clip makes me think of a closed psychiatric ward, not joking either. Incomprehensible ramble that seems to make sense to the patients, making you start to wonder "How do they glean any actual meaning from stuff like 'centrifugal bumbplepuppy' and similarly tossed word salad?".
But what about scary Putin?? He's still in play and according to the Brandon regime, all of our woes are Putin's fault. Using that logic there's no way to get out of any of this without getting rid of scary Putin first. (which I'm NOT advocating for, just sharing an observation). 😀
Putin? Who? The Russian military has been destroyed, Russia is now annexed by Ukraine and Putin has fled to a Latin American Country disguised as a transgender woman - haven’t you been following the MSM?
My now-favorite vocabulary word "moron(s)" is so overworked these days, a labor complaint is likely to be filed against me by the language center of my brain.
Spot on. Since the beginning of the Federal Reserve in the early 20th century by anti-Capitalist progressives, the not-so-bright progressives (Statists) never noticed the contradiction, but the savvy ones knew it would be a backdoor to State power and Capitalism's destruction.
As if it's the Feds job to provide employment.
The great thing about price inflation (which thank goodness we don't call it what it really is, currency devaluation, or what it REALLY is, State thievery) is our wonderful government causes the problem, and only our wonderful government can fix it for us!
Another win-win for the State!
Pandemic mis-management, an economically illiterate President and Democrats, monetary inflation are the problems.
Price instability is caused by monetary inflation (caused by trillions of $ from thin air being pumped into the economy and far too low interest rates). Jobs are created when increased output is needed to meet demand, but output cannot be increased because money is being taken away from the wealth generators (the people who invest to increase output) and put in the hands of consumers whose demand so far exceeds supply, that price and wage inflation is inevitable.
Low interest rates, pumping ever more money into the economy, tackling (ineffectually anyway) the symptoms not the cause is not the solution.
Cancelling the XL pipeline, making domestic oil/gas extraction more difficult and costly, Russian sanctions means investors have already priced all that into fossil fuel futures contracts so prices will be up in 3, 6, 12 months time. It is an incentive for domestic and global producers to hold back supply to the current market to sell in months time when prices are on the up.
The problem with politicians is the fatal conceit - they believe complex systems, climate, economy, epidemics can be controlled by clever them, by ‘policies’, taxes and legislation and a lot of huffing and puffing.
The bigger problem is the politicians are the tip of the anti-capitalist-voter iceberg.
Just not enough supply-siders.
Our "expert" research indicates, with 94.7 percent probability, that "huffing and puffing" will result in all of our houses being blown down.
It's amazing what you notice when you DON'T watch TV at all.
The wide open eyes and exaggerated head movements make her look quite mentally unstable, quite frankly.
Ahh, but isn't she young and cute and SO excited, starry-eyed even, for her wonderful and good and enlightened employer?
What exactly is 10% of $30Billion?
Enough to make anyone happy..
...and millions of taxpayers thousands of dollars poorer. What a racket.
10% was just Joe's share. Jim got 10% and Hunter 20%, bringing the Biden take up to 40%, or $12 billion.
Doubtful Biden can focus on anything but his next meal or next Hunter kickback.
"This is a consequence of having an effective strategy against the pandemic."
How can that sentence not be satire???
Because satire requires intent to satirize.
These are starry-eyed, non-thinking, robotic Statists who don't see the obvious contradiction in having the government "fix" problems that the government causes.
Quite! It is an oxymoron. If it were effective, there would be no economic crisis, nor for that matter any noticeable viral activity.
But you have to admire the way she says it with a straight face - hours of practice in front of the mirror.
"...hours of practice in front of the mirror."
I'm not so sure. My sense is her heart (even at her young age) has long since been poisoned with Statism. In other words, she no longer needs any practice in delivery. It has become un-thinkingly natural to her, and she is only one of millions our education system and Leftist Zeit Geist have churned out post-WWII, when Statism, even in the West, really started to take hold.
I agree far too many nowadays speak in received slogans, claims and buzz-words based on no foundation of knowledge or individual, intelligent thought.
It was doubleplusfunny for sure.
Ehm, I supposedly know english as my second language, but I'm having a real hard time understanding that seemingly simple phrase. It seems to say nothing at all?
Helpers?
I don't think it's an English language issue; likely Duolingo needs to add "Bullsh*t" to its list of languages to help all of us with statements like this. It's like if you had a friend with the most defiant, rude, quarrelsome children you'd ever met who told you his impending divorce was a consequence of having an effective parenting strategy.
Perfect analogy!
Thanks for helping - doesn't matter how much one studies a foreign language, some things remain obvious only to native speakers.
Always ready to help you, M. Rikard. Your posts are excellent.
She is implying the reason for this inflation is Biden's successful strategy against covid.
Or the product of a mind totally disconnected from reality.
There's not even a tiny bit of logic behind it, but the CNN 'reporter' just lets it slide right by.
China is America's friend. China loves America. China absolutely does not control American media, entertainment, or social channels.
Arguments to the contrary are disinformation subject to federal prosecution. Have a great day!
Filling in for Nina today? Very well done! I love Big Brother!
Who is Nina, if it's not rude to ask? I she like Hanoi Hannah or Tokyo Rose, maybe?
Nina Jancowicz, head of the new USDHS Ministry of Truth.
The woman at the head of the DGB who sings songs about disinformation (and accosting Harry Potter in the bathroom).
Oh, that Nina! Do you believe, I had completely shunted it out of my mind and it was not long ago you posted her performances.
And she is neither of the omen I mentioned, she is more akin to Axis Sally. While the women in the clip makes me think of a closed psychiatric ward, not joking either. Incomprehensible ramble that seems to make sense to the patients, making you start to wonder "How do they glean any actual meaning from stuff like 'centrifugal bumbplepuppy' and similarly tossed word salad?".
How do you know I'm not Nina? Who's to say she doesn't simply inhabit one of a variety of prepared bodies kept in cold storage in the basement?
Because Nina Nincompoop might post as Motormouth, but never as Guttermouth.
I've been reading your comments and they always make sense. No chance you could be Nina.
But what about scary Putin?? He's still in play and according to the Brandon regime, all of our woes are Putin's fault. Using that logic there's no way to get out of any of this without getting rid of scary Putin first. (which I'm NOT advocating for, just sharing an observation). 😀
Putin? Who? The Russian military has been destroyed, Russia is now annexed by Ukraine and Putin has fled to a Latin American Country disguised as a transgender woman - haven’t you been following the MSM?
My wife and I thank you for the great breakfast belly laugh. No better way to start our day!
"(... just sharing a hallucination)" - Fixed it for you.
My now-favorite vocabulary word "moron(s)" is so overworked these days, a labor complaint is likely to be filed against me by the language center of my brain.
The two missions (stabilize the dollar/ensure full employment) are incompatible.
Spot on. Since the beginning of the Federal Reserve in the early 20th century by anti-Capitalist progressives, the not-so-bright progressives (Statists) never noticed the contradiction, but the savvy ones knew it would be a backdoor to State power and Capitalism's destruction.