This will always be funnypic.twitter.com/TWZE7RBXKs

— Defiant L’s (@DefiantLs) January 21, 2025

DiabloWags said:

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54% of Americans read at the 6th grade level.
Guess how many voted for the Orange Man?

Literacy Statistics 2024- 2025 (Where we are now)

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Do you actually believe that the opinions of smarter and more educated people should carry more weight? You elitist!

Slow starvation process

Big C said:

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I shopped at Safeway yesterday and today and definitely noticed some higher prices. It's time for a change at the top!

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Safeway has become a joke with their pricing.

A Party Size bag of chips is now $6.95
20 lbs. of Cat Litter is $12.95

DiabloWags said:

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Cal88 said:

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DiabloWags said:

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Big C said:

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Do you actually believe that the opinions of smarter and more educated people should carry more weight? You elitist!

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Do you actually believe that the President of the United States sets gas prices, food prices, and mortgage rates?

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POTUS sets policy (trade, taxation) and works with Congress on items such as budget and spending, and also appoints the Secretary of the Treasury and the Fed Chairman.

Policies such as energy policy or environmental regulations have a direct effect on gas prices and food prices.

So yes, the POTUS has an important impact on inflation.

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Although the President appoints the Fed Chairman, the FED is totally independent.
Everyone knows that. Including Donald Trump who appointed Jerome Powell and then had massive regret.

The FED answers to no one.
That's why they aren't even audited.

As far as energy prices are concerned, there's this organization called OPEC+ that controls a lot of the pricing.
You may have not heard of them before.

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Biden reappointed Powell, who continued to enact inflationary policies despite the economy overheating with excessive demand and low supply.

DiabloWags said:

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Cal88 said:

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DiabloWags said:

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Big C said:

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Do you actually believe that the opinions of smarter and more educated people should carry more weight? You elitist!

---

Do you actually believe that the President of the United States sets gas prices, food prices, and mortgage rates?

---

POTUS sets policy (trade, taxation) and works with Congress on items such as budget and spending, and also appoints the Secretary of the Treasury and the Fed Chairman.

Policies such as energy policy or environmental regulations have a direct effect on gas prices and food prices.

So yes, the POTUS has an important impact on inflation.

---

Although the President appoints the Fed Chairman, the FED is totally independent.
Everyone knows that. Including Donald Trump who appointed Jerome Powell and then had massive regret.

The FED answers to no one.
That's why they aren't even audited.

As far as energy prices are concerned, there's this organization called OPEC+ that controls a lot of the pricing.
You may have not heard of them before.

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So we agree about the Fed, appointed by POTUS.

Energy policy has a lot to do with gas prices and the price of inputs in food and other items. Environmental regulations and political decisions like the carbon tax or the rejection of Keystone XL affect oil and gas prices.

oski003 said:

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DiabloWags said:

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Cal88 said:

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DiabloWags said:

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Big C said:

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Do you actually believe that the opinions of smarter and more educated people should carry more weight? You elitist!

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Biden reappointed Powell, who continued to enact inflationary policies despite the economy overheating with excessive demand and low supply.

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You've posted this numerous times.
And it totally misses the point being made.

Cal88 said:

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DiabloWags said:

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Cal88 said:

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POTUS sets policy (trade, taxation) and works with Congress on items such as budget and spending, and also appoints the Secretary of the Treasury and the Fed Chairman.

Policies such as energy policy or environmental regulations have a direct effect on gas prices and food prices.

So yes, the POTUS has an important impact on inflation.

---

Although the President appoints the Fed Chairman, the FED is totally independent.
Everyone knows that. Including Donald Trump who appointed Jerome Powell and then had massive regret.

The FED answers to no one.
That's why they aren't even audited.

As far as energy prices are concerned, there's this organization called OPEC+ that controls a lot of the pricing.
You may have not heard of them before.

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So we agree about the Fed, appointed by POTUS.

Energy policy has a lot to do with gas prices and the price of inputs in food and other items. Environmental regulations and political decisions like the carbon tax or the rejection of Keystone XL affect oil and gas prices.

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And contrary to the Trump "parrots", the United States (under the Biden Administration) has NEVER produced more domestic crude oil in the history of the nation.

That's a FACT.

U.S. Oil Production Shattered Records Again in 2024 | OilPrice.com

United States produces more crude oil than any country, ever - U.S. Energy Information Administration (EIA)

DiabloWags said:

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oski003 said:

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DiabloWags said:

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Cal88 said:

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DiabloWags said:

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Big C said:

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Do you actually believe that the opinions of smarter and more educated people should carry more weight? You elitist!

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Biden reappointed Powell, who continued to enact inflationary policies despite the economy overheating with excessive demand and low supply.

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You've posted this numerous times.
And it totally misses the point being made.

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And I will continue to post it, as you totally miss the point other people are making.

A billionaire who doesn't mind inflation? What a shocker. It's alarming that Trump had the three richest men in the world seated front and center at his inauguration.

And just like that, oligarchs don’t care about inflation. https://t.co/PJisbz4OoG

— Ron Filipkowski (@RonFilipkowski) January 22, 2025

oski003 said:

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DiabloWags said:

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oski003 said:

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DiabloWags said:

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Cal88 said:

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DiabloWags said:

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Big C said:

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Do you actually believe that the opinions of smarter and more educated people should carry more weight? You elitist!

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Biden reappointed Powell, who continued to enact inflationary policies despite the economy overheating with excessive demand and low supply.

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You've posted this numerous times.
And it totally misses the point being made.

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And I will continue to post it, as you totally miss the point other people are making.

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As most of your "points" have been prone to be . . . this one is also completely irrelevant.
It has nothing to do with the INDEPENDENCE of the Federal Reserve.

oski003 said:

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Biden reappointed Powell, who continued to enact inflationary policies despite the economy overheating with excessive demand and low supply.

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Trump appointed Powell, who continued to keep monetary policy "tight" in 2018 to Trump's ire.

Trump lashes out at Federal Reserve Chairman Jerome Powell on interest rates, "maybe" regrets picking him - CBS News

The point that clearly escapes your cognitive ability is the FACT that the Federal Reserve Bank and it's Chairman are INDEPENDENT of the Executive Branch.

Duh.

DiabloWags said:

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Big C said:

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DiabloWags said:

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54% of Americans read at the 6th grade level.
Guess how many voted for the Orange Man?

Literacy Statistics 2024- 2025 (Where we are now)

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Do you actually believe that the opinions of smarter and more educated people should carry more weight? You elitist!

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Do you actually believe that the President of the United States sets gas prices, food prices, and mortgage rates?

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Was being facetious. I also had Professor Sutch for Econ 1. I remember well his slide with the "WIN" button!

Big C said:

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bear2034 said:

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chazzed said:

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A billionaire who doesn't mind inflation? What a shocker. It's alarming that Trump had the three richest men in the world seated front and center at his inauguration.

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Democrats suddenly became interested in inflation as soon as Biden left the White House?

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Mainly to give you a taste of your own medicine. How is it?

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Transitory?

DiabloWags said:

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Big C said:

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I shopped at Safeway yesterday and today and definitely noticed some higher prices. It's time for a change at the top!

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Safeway has become a joke with their pricing.

A Party Size bag of chips is now $6.95
20 lbs. of Cat Litter is $12.95

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But if you use coupons the bag is half price. I know, I was just there.

I think they have the market cornered, like with an oligopoly, and so can charge whatever they like. If people are too lazy to bargain hunt, they just pick n pull and Pay.

Perhaps this is why Costco is so popular. They have more reasonable pricing. Walmart, too, but their product selection is low grade quality on food.
They sell a lot of **** that makes people fat with diabetes and heart attacks.

Eat more organic leafy greens, people. It's hard, but we gotta do it!

The RE agent I did my internship for/ hired on as an assistant/transaction coordinator/ document processor said this exact samething.

We will see

I was being facetious.
The President does not set mortgage rates.

But I got 2 "likes"
Lmfao.

DiabloWags said:

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I was being facetious.
The President does not set mortgage rates.

But I got 2 "likes"
Lmfao.

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You got one of them because I knew and understood your facetiousness.

concordtom said:

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DiabloWags said:

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I was being facetious.
The President does not set mortgage rates.

But I got 2 "likes"
Lmfao.

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You got one of them because I knew and understood your facetiousness.

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He gets his rocks off by insulting folks.