Inflation Hits 5.4% in June

[awesome guy]

[133743Hokie]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

[hokie80]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

[RiverguyVT]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's been a shift in the supply curve.

Policy- printing money counts as policy.

[RiverguyVT]

Not to highjack, but related....

....two sets of rules.

https://thefederalist.com/2021/07/14/tw ... e-content/

This is unusually well done for the Rs.

[hokie80]

Not to highjack, but related....

....two sets of rules.

https://thefederalist.com/2021/07/14/tw ... e-content/

This is unusually well done for the Rs.

Nice, unbiased piece with zero context. Great political ad. But misleading

[RiverguyVT]

Not to highjack, but related....

....two sets of rules.

https://thefederalist.com/2021/07/14/tw ... e-content/

This is unusually well done for the Rs.

Nice, unbiased piece with zero context. Great political ad. But misleading

Perfectly contextual.
Not misleading.

[hokie80]

Not to highjack, but related....

....two sets of rules.

https://thefederalist.com/2021/07/14/tw ... e-content/

This is unusually well done for the Rs.

Nice, unbiased piece with zero context. Great political ad. But misleading

Perfectly contextual.
Not misleading.

Lol. Wow.

[RiverguyVT]

Lol. Wow.

Yeah. LOL Wow indeed.

[HokieJoe]

[Mcl3 Hokie]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

Wage inflation isn’t transitory. It will continue to fuel further inflation.

[HokieHam]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

Wage inflation isn’t transitory. It will continue to fuel further inflation.

Yup. More and more companies are realizing this isn’t all transitory. PPG announced yesterday or the day before that what is happening isn’t short term and they’re raising prices again.

[awesome guy]

Not to highjack, but related....

....two sets of rules.

https://thefederalist.com/2021/07/14/tw ... e-content/

This is unusually well done for the Rs.

Xiden handlers are slowly admitting the obvious while Xiden still lies to the public.

https://www.washingtonexaminer.com/news ... last-years

[HokieFanDC]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's definitely a policy issue. The economic monetary policy of the last 10 years or so had a 100% chance of inflation at some point.
Artificially depressing interest rates has a price that someone had to pay.

[hokie80]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's definitely a policy issue. The economic monetary policy of the last 10 years or so had a 100% chance of inflation at some point.
Artificially depressing interest rates has a price that someone had to pay.

It was more a question based on the implication that this was somehow due to Biden.

[RiverguyVT]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's definitely a policy issue. The economic monetary policy of the last 10 years or so had a 100% chance of inflation at some point.
Artificially depressing interest rates has a price that someone had to pay.

It was more a question based on the implication that this was somehow due to Biden.

Biden’s policies can indeed be tied to inflation


“Wow”

[hokie80]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's definitely a policy issue. The economic monetary policy of the last 10 years or so had a 100% chance of inflation at some point.
Artificially depressing interest rates has a price that someone had to pay.

It was more a question based on the implication that this was somehow due to Biden.

Biden’s policies can indeed be tied to inflation


“Wow”

Which ones exactly?

And I take it you ignored DC’s post.

But you know “it’s all Biden’s fault”.

[133743Hokie]

Well then let's raise the minimum wage to $15/hr. That should take care of it.

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's definitely a policy issue. The economic monetary policy of the last 10 years or so had a 100% chance of inflation at some point.
Artificially depressing interest rates has a price that someone had to pay.

It was more a question based on the implication that this was somehow due to Biden.

Biden’s policies can indeed be tied to inflation


“Wow”

Which ones exactly?

And I take it you ignored DC’s post.

But you know “it’s all Biden’s fault”.

Flooding households with free money after the pandemic shutdown has passed.
Reining in fracking and oil production.

[HokieHam]

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's definitely a policy issue. The economic monetary policy of the last 10 years or so had a 100% chance of inflation at some point.
Artificially depressing interest rates has a price that someone had to pay.

It was more a question based on the implication that this was somehow due to Biden.

Biden’s policies can indeed be tied to inflation


“Wow”

Which ones exactly?

And I take it you ignored DC’s post.

But you know “it’s all Biden’s fault”.

Flooding households with free money after the pandemic shutdown has passed.
Reining in fracking and oil production.

Yup. Then add in what DC mentioned……and other issues…..

[hokie80]

Isn’t this inflationary rise more of a reflection of increased demand with supply chains not caught up due to the pandemic and not really a policy issue (at least yet)?

It's definitely a policy issue. The economic monetary policy of the last 10 years or so had a 100% chance of inflation at some point.
Artificially depressing interest rates has a price that someone had to pay.

It was more a question based on the implication that this was somehow due to Biden.

Biden’s policies can indeed be tied to inflation


“Wow”

Which ones exactly?

And I take it you ignored DC’s post.

But you know “it’s all Biden’s fault”.

Flooding households with free money after the pandemic shutdown has passed.
Reining in fracking and oil production.

Okay. The “free” money probably has some impact. But what policy has been put in place by Biden limiting oil production? I’ve read several recent oil industry reports that addressed lower production through 2021 but that it would increase in 2022. Not
One of them pointed to any Biden policy.

Our biggest driver of inflation has been due to won’t up demand from the pandemic and the inability for supply to meet current needs.

[RiverguyVT]

Ah. The ol' dem view that "the economy is so strong, demand is through the roof for everything!!

Supply curve shift.
Policy has already been explained to you.

go take your valium.

[HokieHam]

Key inflation gauge rises 3.6% from a year ago to tie biggest jump since the early 1990s

https://www.cnbc.com/2021/08/27/key-inf ... 1990s.html

[awesome guy]

No mean tweets

[UpstateSCHokie]

No mean tweets

[HokieJoe]

No mean tweets

Jihad Joe voters.