(11-28-2024, 06:44 AM)booomer wrote:(11-27-2024, 10:05 PM)benji wrote:(11-27-2024, 09:57 PM)booomer wrote: https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-showsThat paper is not remotely arguing what you are. They are attempting to predict when inflation becomes visible, not what caused it. (Because it's always and everywhere a monetary phenomenon.)
. You thought I actually read that? No, I am not an economist even though I did sleep in a Holiday Express a few years ago. I just like to troll along, enjoying my party's victory over a bunch of overeducated elitists who tried everything at their disposal to stop Trump and failed miserably. Never have so many "experts" been so wrong at one time. Now the experts are going to nitpick every Trump policy.
Let's see what happens when he gets back in office and see if he can do the things he promised. That will determine if the Republicans stay in power. It's what the majority of Americans voted for.
Not sure who you think you're arguing against here, but I'm not really interested in "your party's victory over the overeducated elitists" or whether "experts" got their polling right or not. I'm interested in discussing the potential for Trump's policies to really start fucking up the world's economy just as inflation is starting to come down.
The problem is Trump's bullshit will likely have a positive effect initially, but by year 3 of his term shit will start hitting the fan as sustained inflation keeps eroding your savings and spending power.
I know you said you're middle aged, but I hope you don't plan on retiring soon because you might need to keep working for a few more years just to stand still with your retirement nest egg.
. You thought I actually read that? No, I am not an economist even though I did sleep in a Holiday Express a few years ago. I just like to troll along, enjoying my party's victory over a bunch of overeducated elitists who tried everything at their disposal to stop Trump and failed miserably. Never have so many "experts" been so wrong at one time. Now the experts are going to nitpick every Trump policy.