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wdmso 07-12-2022 07:58 PM

The Federal Reserve reports U.S. corporate profits have surged 25%, which is the biggest annual increase in close to 50 years. Some lawmakers are accusing companies of using the pandemic and supply chain issues as excuses to raise prices.

But the highest inflation in 40 years Love to hear how that works
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scottw 07-13-2022 04:16 AM

Quote:

Originally Posted by wdmso (Post 1229331)

Some lawmakers are accusing companies of using the pandemic and supply chain issues as excuses to raise prices. let me guess AOC?


But the highest inflation in 40 years Love to hear how that works

didn't you read about it from the BBC? https://www.bbc.com/news/business-61762131

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I thought it was "putin's price hike" :laughs:

Pete F. 07-13-2022 05:04 AM

Biden got Mexico to pay for the wall

Mexico agrees to invest $1.5B in 'smart' border technology
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Jim in CT 07-13-2022 07:36 AM

Quote:

Originally Posted by wdmso (Post 1229331)
The Federal Reserve reports U.S. corporate profits have surged 25%, which is the biggest annual increase in close to 50 years. Some lawmakers are accusing companies of using the pandemic and supply chain issues as excuses to raise prices.

But the highest inflation in 40 years Love to hear how that works
Posted from my iPhone/Mobile device

Your side controls the federal government. Why aren’t they doing anything? is it because CEOs are mostly democrats now, so the democrats are pandering to the powerful billionaires who donate to them?

Your side controls the executive and legislative branch. If a bad thing is happening on their watch, whose fault is not?
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scottw 07-13-2022 07:43 AM

Quote:

Originally Posted by wdmso (Post 1229331)

But the highest inflation in 40 years Love to hear how that works


Posted from my iPhone/Mobile device

July 13, 2022

Inflation jumped again in June on a persistent climb in gas, food and rent costs, notching another 40-year high and likely solidifying the Federal Reserve’s plans for another big rate hike this month.

Prices increased 9.1% from a year earlier, up from an annual rate of 8.6% the prior month and the largest gain since November 1981.

Jim in CT 07-13-2022 08:33 AM

Quote:

Originally Posted by scottw (Post 1229347)
July 13, 2022

Inflation jumped again in June on a persistent climb in gas, food and rent costs, notching another 40-year high and likely solidifying the Federal Reserve’s plans for another big rate hike this month.

Prices increased 9.1% from a year earlier, up from an annual rate of 8.6% the prior month and the largest gain since November 1981.

but january 6!!! And Florida governor Death-santis!!!

9.1%.
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Pete F. 07-13-2022 11:40 AM

Inflation is a Global Issue:

Russia - 15.9%
Brazil - 11.8
Spain - 10.2
UK - 9.1
Nether - 8.6
Italy - 8.0
Mexico - 8.0
Canada - 7.7
Germany - 7.6
India - 7.0
South Korea - 6.0
France - 5.8
Australia - 5.1

Fascism is much worse than inflation.
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Pete F. 07-13-2022 11:45 AM

Quote:

Originally Posted by Jim in CT (Post 1229345)
Your side controls the federal government. Why aren’t they doing anything? is it because CEOs are mostly democrats now, so the democrats are pandering to the powerful billionaires who donate to them?

Your side controls the executive and legislative branch. If a bad thing is happening on their watch, whose fault is not?
Posted from my iPhone/Mobile device

Now CEOs are Dems?

I think somebody’s been feeding you edibles

Are you suggesting that the federal government institute price controls?
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wdmso 07-13-2022 12:55 PM

Surging prices for gas and diesel which drive all of the other increases

Yet big oil won’t pump more and US company’s made record profits

But it’s governments fault lol
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