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How inflation works, info for the naive

How inflation works, info for the naive

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AverageJoe1
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Some will continue to defend joe Biden, as inflation rises, by saying it is no big deal, or whatever, he will be OK, it will not get out of hand, he will fix it, the new $4T will not cause inflation and eat us alive.

You are being fooled, because those big bad corporations are combating Biden by simply employing "Shrink-flation". See Llnk.
It is but another example of 'getting around' whatever we throw at corporations, or throw at the rich. The middle class will suffer, that is the bottom line. I wouldn't be surprised if the gas companies reduce a gallon of gas, unbeknownst to the hamburger flipper driving to work. Get this story....... Less cereal in the box, less ice cream......etc......

https://www.cnn.com/2021/07/23/business/shrinkflation-prices-grocery-stores/index.html

vivify
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Why do you believe Biden is responsible? Cite specifics.

Mott The Hoople

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@vivify said
Why do you believe Biden is responsible? Cite specifics.
remind me again...who is the leader of this country?

Mott The Hoople

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@averagejoe1 said
Some will continue to defend joe Biden, as inflation rises, by saying it is no big deal, or whatever, he will be OK, it will not get out of hand, he will fix it, the new $4T will not cause inflation and eat us alive.

You are being fooled, because those big bad corporations are combating Biden by simply employing "Shrink-flation". See Llnk.
It is but another examp ...[text shortened]... .etc......

https://www.cnn.com/2021/07/23/business/shrinkflation-prices-grocery-stores/index.html
corporations do not pay taxes

AverageJoe1
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@vivify said
Why do you believe Biden is responsible? Cite specifics.
Note that I said 'info for the naive', which is you. 😆

vivify
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@mott-the-hoople said
remind me again...who is the leader of this country?
When I cited how many vaccinations Americans received under Biden, you said it was because of Trump. But you have no problem blaming inflation on Biden.

Your opinion is worthless.

vivify
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2 edits

@averagejoe1 said
Note that I said 'info for the naive', which is you. 😆
In other words, you can't name specifics. Of course.

A link from your own article cites that inflation is fueled by the pandemic, not anything Biden did.

Class dismissed.

AverageJoe1
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@vivify said
When I cited how many vaccinations Americans received under Biden, you said it was because of Trump. But you have no problem blaming inflation on Biden.

Your opinion is worthless.
Vaccinations? You mean Trump's warp-speed which had it done in 9 months? Could Kamala have done that?
And you are going lib on us again.....segueing to another subject.....So what do you think about inflation being hidden inside a cereal box. (Actually, some smart dude was in the Board Room at Kellog and came up with this ingenious idea!!!)
When your Cheerio box won't fill your bowl, you gonna blame that on Trump? Sonhouse? What is your take??
(Man, ,that was one smart guy in the Boardroom. Guess he didn't think about the little mom feeding cereal to her 4 kids).

Suzianne
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@averagejoe1 said
Some will continue to defend joe Biden, as inflation rises, by saying it is no big deal, or whatever, he will be OK, it will not get out of hand, he will fix it, the new $4T will not cause inflation and eat us alive.

You are being fooled, because those big bad corporations are combating Biden by simply employing "Shrink-flation". See Llnk.
It is but another examp ...[text shortened]... .etc......

https://www.cnn.com/2021/07/23/business/shrinkflation-prices-grocery-stores/index.html
The infrastructure bill will put people to work and reduce the temporary inflation we have now due to the economy restarting after the pandemic.

BTW, your link to the article is nothing but the old story of corporations trying to make money at the expense of their consumers. Like Trump, they think we're too dumb to notice the scam.

Suzianne
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@mott-the-hoople said
remind me again...who is the leader of this country?
Non sequitur.

I've told you before -- corporations are far more in control of where the economy goes than the president.

Suzianne
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@mott-the-hoople said
corporations do not pay taxes
However, corporations DO cause inflation.

Suzianne
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@averagejoe1 said
Note that I said 'info for the naive', which is you. 😆
More like "info from the naive".

Suzianne
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@averagejoe1 said
Vaccinations? You mean Trump's warp-speed which had it done in 9 months? Could Kamala have done that?
And you are going lib on us again.....segueing to another subject.....So what do you think about inflation being hidden inside a cereal box. (Actually, some smart dude was in the Board Room at Kellog and came up with this ingenious idea!!!)
When your Cheeri ...[text shortened]... mart guy in the Boardroom. Guess he didn't think about the little mom feeding cereal to her 4 kids).
Of course he didn't. Corporations are driven by sheer greed. People like you call it profit motive.

AverageJoe1
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1 edit

@suzianne said
The infrastructure bill will put people to work and reduce the temporary inflation we have now due to the economy restarting after the pandemic.

BTW, your link to the article is nothing but the old story of corporations trying to make money at the expense of their consumers. Like Trump, they think we're too dumb to notice the scam.
For about 10,000 years, corporations have made money at the expense of their consumers.
Do liberals give headaches to other liberals, or just to us?

Suzianne says that the bill will 'put people to work'. She says the inflation is temporary. Does she know when it reverses course during Biden's administration? Suzianne is a student of the Obama class in Econ 101, the series titled "Shovel Ready Jobs..Not"

THAT one gave many of the forgotten middle class a LOT of headaches.

AverageJoe1
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@AverageJoe1 Edit::
I should have said at the top that corps are putting a reduced amount of cereal in cereal boxes, and in ice cream, etc.
That is in the link, but hell, who looks at links. I'd rather hear what Suzianne thinks, rather than what she might 'link'.
Think, don't Link.

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