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Topic Title: Wholesale prices up 8.6%
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Created On: 10/14/2021 01:18 PM
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 10/14/2021 01:18 PM
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tpapablo

Posts: 36533
Joined Forum: 07/25/2003

Go Dementia Joe. And the progs will tell us that this is great news.

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I :heart; Q
 10/14/2021 01:26 PM
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Fish Killer

Posts: 54918
Joined Forum: 10/09/2005

Runaway out of control inflation...the hallmark of prog 'recovery'.

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 10/14/2021 01:36 PM
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HAPDigital

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All issues stemmed from Trump's lack of action at the beginning of covid.
 10/14/2021 01:39 PM
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Fish Killer

Posts: 54918
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Originally posted by: HAPDigital

All issues stemmed from Trump's lack of action at the beginning of covid.


No they don't.

Liar!

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 10/14/2021 01:44 PM
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tpapablo

Posts: 36533
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FK, rremind me, who is the president? Of course, throughout the Trump presidency the progs were claiming Obama was responsible for the great times we were experiencing. So maybe the progs will be blaming Obama for this raging inflation.

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 10/14/2021 01:44 PM
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HAPDigital

Posts: 15505
Joined Forum: 11/29/2004

Yup, they do. Trump's fault. He also raised the deficit by 60%.
 10/14/2021 02:42 PM
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nukeh2o

Posts: 5800
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Foolish, useless taxes chumpf called "tariffs". Zero investment in port and road or rail transport infrastructure.
Thousands of dead or disabled sailors, freight handlers, and drivers. Who had been shit on in favor of the chumpf supporting trucking and shipping industries.
Continuous erosion of the wages and working conditions for harbor and transport workers.
Biden has enacted measures to begin to undo the 4 year idiocracy, but it will not happen overnight.
Pent up demand, antiquated shipping and transport infrastructure....demoralized workers......
But: block bidens infrastructure reforms!

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It's a democratic hoax
 10/14/2021 03:23 PM
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nukeh2o

Posts: 5800
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That being said: between the useless teamsters and the greedy trucking companies paying OTR drivers starvation wages, there's a lot of room for improvement. Same thing with longshoremen, stevedore, and seafarers blocking progress.
I had a longshoremen card in the islands....fucking useless.
Dissolve the fucking teamsters might help....fat, greedy, lazy obstructionist.
Bad for business

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It's a democratic hoax
 10/14/2021 03:49 PM
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Fish Killer

Posts: 54918
Joined Forum: 10/09/2005

Originally posted by: tpapablo

FK, rremind me, who is the president?

Of course, throughout the Trump presidency the progs were claiming Obama was responsible for the great times we were experiencing. So maybe the progs will be blaming Obama for this raging inflation.


That POS commie Biden who is owned by China!

Biden is 100% responsible for every percentage in this inflation.

HE OWNS IT!

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Edited: 10/14/2021 at 07:48 PM by Fish Killer
 10/14/2021 03:51 PM
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HAPDigital

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Nope 100% Trump's fault. This will all get sorted out quickly, just like every Democrat President had done in the past.
 10/14/2021 04:04 PM
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Fish Killer

Posts: 54918
Joined Forum: 10/09/2005



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 10/14/2021 04:14 PM
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Fish Killer

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"The NEWS says the California port situation is caused by a driver shortage.
Not so fast: It is in part caused by a California Truck Ban which says all trucks must be 2011 or newer and a law called AB 5 which prohibits Owner Operators.
Traditionally the ports have been served by Owner Operators (non union). California has now banned Owner Operators.
Long term, truckers in California are not investing in new trucks because California has a law that makes them illegal in 2035. The requirement is to purchase electric trucks which do not exist.
And in the words of Paul Harvey, "Now you know the rest of the story"
BUSINESS
CARB to begin blocking certain trucks' DMV registrations in 2020
Carriers domiciled in California with trucks older than 2011 model, or using engines manufactured before 2010, will need to meet the Board's new Truck and Bus Regulation beginning in 2020 or their vehicles will be blocked from registration with the state's DMV, the state has said.
The new "health-based requirements" will need to be met before a driver is allowed to register his or her truck through the Department of Motor Vehicles, CARB says. A new enforcement tool used by the DMV beginning in 2020 will automatically block 2010 and older trucks from registration."


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 10/14/2021 04:18 PM
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tpapablo

Posts: 36533
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Originally posted by: Fish Killer "The NEWS says the California port situation is caused by a driver shortage. Not so fast: It is in part caused by a California Truck Ban which says all trucks must be 2011 or newer and a law called AB 5 which prohibits Owner Operators. Traditionally the ports have been served by Owner Operators (non union). California has now banned Owner Operators. Long term, truckers in California are not investing in new trucks because California has a law that makes them illegal in 2035. The requirement is to purchase electric trucks which do not exist. And in the words of Paul Harvey, "Now you know the rest of the story" BUSINESS CARB to begin blocking certain trucks' DMV registrations in 2020 Carriers domiciled in California with trucks older than 2011 model, or using engines manufactured before 2010, will need to meet the Board's new Truck and Bus Regulation beginning in 2020 or their vehicles will be blocked from registration with the state's DMV, the state has said. The new "health-based requirements" will need to be met before a driver is allowed to register his or her truck through the Department of Motor Vehicles, CARB says. A new enforcement tool used by the DMV beginning in 2020 will automatically block 2010 and older trucks from registration."
Eh boy. It is one thing when Ca. is screwing its own citizens - a lot of them deserve it, after all. But it is quite another thing when their idiotic policies are screwing everyone else. Can we boot them from the union?

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 10/14/2021 04:40 PM
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jdbman

Posts: 11579
Joined Forum: 07/28/2003

I know none of you trunt dipshits will be able to comprehend this piece so I post it for those with some understanding of global economics.

5.4% is less than 8.6% a number that came from obvious trunt sources:



Higher US inflation unlikely to persist
UBS House View - Daily US
Mark Haefele, Chief Investment Officer Global Wealth Management, UBS AG
Paul Donovan, Chief Economist, UBS GWM, UBS AG London Branch
Christopher Swann, Strategist, UBS Switzerland AG
Vincent Heaney, Strategist, UBS AG London Branch
Linda Mazziotta, CFA, Strategist, UBS Switzerland AG




Thought of the day
US inflation picked up again in September, with the headline rate back to
the highest level in 13 years at 5.4% over the year. Even the core rate of
inflation, which excludes volatile food and energy prices, came in at 4% yearon-year, well above the Federal Reserve's 2% target. There were also signs
that inflation broadened beyond a narrow range of goods impacted by the
pandemic. More than 70% of the categories in CPI were up year-over-year
versus only 7% showing a decrease, and more than half were up month-overmonth. The Cleveland Fed trimmed mean CPI indicates that after stripping
out the items with extremely large price changes, prices still rose 0.5% over
the month.
But while inflation has been broader and lasting longer than previously
expected, this is still a long way from being persistent inflation.
1. The average month-on-month inflation data still shows a
declining trend. The average month-on-month rate of inflation in
the second quarter rounded to 0.8% for both the headline and core
measures. This slowed in the third quarter to a headline rate of 0.4%
and 0.2% for the core. This continues to support the idea that inflation
peaked in the second quarter and should continue to normalize as the
global economy adjusts to reopening.
2. Goods and services impacted by surging demand due to the
pandemic have started to normalize, with price increases slowing
or reversing. Prices of used vehicles fell 0.7% over the month,
following a 1.5% decline for August - though year-on-year prices were
still up 24.4%. Apparel costs declined 1.1%, ending five months of
consecutive increases. Our takeaway is that in areas where extraordinary
surges in demand are fading, so is the spike in prices.

3. Policymakers show no signs of overreacting. The minutes of the
Fed's meeting of 21-22 September - admittedly before the release of
the latest CPI data - continued to underline the central bank's view that
the economy will adjust to short-term supply constraints. Staff at the Fed
"continued to expect that this year's rise in inflation would prove to be
transitory." Over 2022, "the boost to consumer prices caused by supply
issues was expected to partly reverse and import prices were expected
to decelerate sharply," the minutes read. that while the Fed's plans to start slowing bond purchases next month
were on track, this was not meant to signal anything about the possible
timing of rate hikes - which remain some way off.
So, we do not expect a persistent rise in inflation that would force the
Federal Reserve to tighten policy significantly more aggressively than currently
planned. We advise investors to seek winners from global growth. With
Fed policy remaining accommodative, we believe investors should seek
unconventional sources of yield, including from private credit.

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So if you are a surfer I wish you the prosperity that allows you more time to pursue the salt water dream, and the true happiness that comes from warm water, clean waves and the companionship of your fellow surfers. If you are an internet troll just spewing bs then f off.
 10/14/2021 04:41 PM
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jdbman

Posts: 11579
Joined Forum: 07/28/2003

All issues stemmed from Trump's lack of action at the beginning of covid.


This is confirm by all reliable sources, not poisoned by the trunt lies.

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So if you are a surfer I wish you the prosperity that allows you more time to pursue the salt water dream, and the true happiness that comes from warm water, clean waves and the companionship of your fellow surfers. If you are an internet troll just spewing bs then f off.
 10/14/2021 07:26 PM
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Fish Killer

Posts: 54918
Joined Forum: 10/09/2005

Originally posted by: jdbman

All issues stemmed from Trump's lack of action at the beginning of covid.




This is confirm by all reliable sources, not poisoned by the trunt lies.


Yeah...no!

Biden is 1000% responsible for the shit show going on right now!

Every avenue proves it currently along with a bunch of your own twisted leftist media.

Just look at Biden's current approval rating.

Even that is in the toilet.

Fool!

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 10/14/2021 07:44 PM
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follydude

Posts: 8724
Joined Forum: 07/25/2003

Originally posted by: tpapablo

Go Dementia Joe.

And the progs will tell us that this is great news.


Yes, the President is taking action...

On Wednesday, President Joe Biden took actions in an effort to address the supply chain problems including announcing that the Port of Los Angeles would begin operating 24 hours a day, seven days a week to clear bottlenecks at one of America's largest ports.


For sure, you'll disagree by going full Dotard and going off on China, Libtards or anything other than reality.


 10/14/2021 07:52 PM
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Fish Killer

Posts: 54918
Joined Forum: 10/09/2005

Originally posted by: follydude

On Wednesday, President Joe Biden took actions in an effort to address the supply chain problems including announcing that the Port of Los Angeles would begin operating 24 hours a day, seven days a week to clear bottlenecks at one of America's largest ports.



You just dont get it.

Biden isn't going to do...OR ACTUALLY IS DOING.... SHIT!

"The NEWS says the California port situation is caused by a driver shortage. Not so fast: It is in part caused by a California Truck Ban which says all trucks must be 2011 or newer and a law called AB 5 which prohibits Owner Operators. Traditionally the ports have been served by Owner Operators (non union). California has now banned Owner Operators. Long term, truckers in California are not investing in new trucks because California has a law that makes them illegal in 2035. The requirement is to purchase electric trucks which do not exist. And in the words of Paul Harvey, "Now you know the rest of the story" BUSINESS CARB to begin blocking certain trucks' DMV registrations in 2020 Carriers domiciled in California with trucks older than 2011 model, or using engines manufactured before 2010, will need to meet the Board's new Truck and Bus Regulation beginning in 2020 or their vehicles will be blocked from registration with the state's DMV, the state has said. The new "health-based requirements" will need to be met before a driver is allowed to register his or her truck through the Department of Motor Vehicles, CARB says. A new enforcement tool used by the DMV beginning in 2020 will automatically block 2010 and older trucks from registration."

California is going full demoshit on the entire country!

Biden can't actually do SHIT!

DeSantis did actually do something though...

He invited the cargo traffic be re-routed to Florida ports....

What a good novel concept.

DeSantis is doing more to help our crisis than Biden will EVER DO!

FOOL!

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Edited: 10/14/2021 at 07:55 PM by Fish Killer
 10/14/2021 08:16 PM
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HAPDigital

Posts: 15505
Joined Forum: 11/29/2004

Shut up, you dumb fuck.
 10/14/2021 08:21 PM
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Fish Killer

Posts: 54918
Joined Forum: 10/09/2005

Originally posted by: CRAPDigital

Shut up, you dumb fuck.


Yeah...you got nothing.

It shows you stupid fuck.

Maybe you could tell us all why you lied.

Originally posted by: CRAPDigital
I read it all carefully, unfortunately.


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Edited: 10/14/2021 at 08:27 PM by Fish Killer
FORUMS : National Enquirer (FORMERLY NSR) : Wholesale prices up 8.6%

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