Now apply this mentality to the run-away inflation, which is nothing more than opportunistic greedflation.
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We printed 50% of all dollars in existence since 2020. It’s natural to have inflation
True, there is indeed a measure of inflation that has some credibility but at some point inflation becomes a self-fulfilling prophesy.
No. Companies charge what the market will bear. If you print trillions of dollars, every company raises prices to get their “cut”. If wages aren’t keeping up, that’s due to other factors - surplus labor from mass immigration, offshoring due to insufficient protections, automation or AI eliminating jobs, etc.
Bad move from Trump if this is real. We've had years of bidenomics where Biden blamed all the inflation on corporate greed. The last thing Trump needs is to follow the Biden playbook
Kind of like with this Tarrif's chart, he's lying out of his ass, but it's because he is actually doing something far more complicated and useful than can be explained in a sound-byte. He wants Walmart to de-couple from China. That is what 'not raising prices' actually means. He wants them to get different suppliers.
Additionally, if people stop buying shit at Walmart, and buy more shit locally, all the better.
There are no local alternatives realistically.
Not always, it is true. But for many, there are. My local Walmart is nestled up beside, or in the same mini-mall as, a grocer, 4 clothing stores, a hardware/houseware store, a furniture store, a SECOND, different grocer, and a technology/computer store. And a dollar store.
If the walmart moved away tomorrow, all it would be, is a minor inconvenience on the grand scale of the community. They should be in business, and making money, of course, but they should be looking out for the community they operate in, ideally, as well, or those competitors hopefully will see more customers.
I disagree. It comes across as even more credible coming from Trump, considering his business credentials.
Don't give me this shit that Inflation is just greedy capitalists. Take your communist gobledy-gook somewhere else.
Inflation is theft of my purchasing power. Inflation is only EVER caused by one and only one entity: the US congress.
Trump's lying out his ass to get Walmart to tell China that they can't raise prices on American consumers, which causes China to tell Walmart that there isn't another option. As a result; Walmart has to change their supplier to Vietnam, Bangladesh, Japan, Korea, Indonesia, or the Philippines.
You must have missed the year of 1913 in history class, the year that the Federal Reserve was created. It's the Fed, not Congress, which causes all inflation, because they're the ones that print money. We've lost over 99% of the value of the U.S. dollar since 1913.
First of all, they don't teach any of that in history class.
Secondly, the Federal Reserve doesn't make money, Congress does. Congress spending more than what it's budget can pay for requires the Federal Reserve to print money. The Federal Reserve can't print money on it's own, it has to get approval from Congress to do so.
Uh huh. Bankers have never, ever used their control of the issuance of money, of usury, to control politicians, political parties, or governments...ever. Bankers are too honest for that.
Uh huh. Governments have never, ever, used their control over the issuance of money, interest rates, to control the finance in order to profit themselves and fit their ambitions... ever. Politicians, Dictators, Kings, and all other political leaders are too honest for that.
I never argued that governments aren't corrupt. You do know that two things can be true at once? However, truth and reality are hierarchical and discriminatory, meaning that some things hold more weight than others, depending on circumstance. I only pointed out who (and what) causes inflation, and that the vast, vast majority of the devaluation of the dollar (i.e. inflation) occurred after the Federal Reserve was created in 1913. Before that, the dollar was largely stable, when the issuance of money was in the hands of the federal government, and not in the hands of a privately controlled bank (the Fed).
There are more examples of bankers taking control of nations via usury, money lending, and printing money. It happened multiple times in European history, and currently.
No, you didn't point out who or what causes inflation. You just asserted your ideological demand of what you think is happening, not how it actually works.
That's why you said "Before that, the dollar was largely stable", no it wasn't. It collapsed several times. It collapsed every time the US government tried to pull some scheme to print money. Instead of the government blaming itself for devaluing the currency and making the currency fundamentally unappealing, they claimed that the government needed more power to stabilize the currency.
After the Continental Dollar was debased during the revolution, the Constitutional framers intentionally required that US currency had to be gold and silver. But that means that it faces price shocks every once in a while, and the government can't weaponize it for war. The Federalists immediately set-up trying to destroy that system and they (and many other policies) were undone by the Jeffersonian Democratic-Republicans.
Later on the Whigs in congress tried to invent the Bank of The United States to manipulate the currency and were rebuked by Andrew Jackson's Democrats and it nearly started a civil war.
After that Lincoln debased the currency in the Civil War (and so did the Confederates with their currency), because it was the only perceived way to pay for it. As a result the south was economically devastated as much from it's currency devaluation as it was the war, and the north actually struggled badly economically for several years until the inflation stopped with the rise of Gilded Age and trying to re-link the currency back to Gold/Silver.
After years of progress, Progressives get in to undo it all and parasitize it. So although they didn't debase the currency, they established the Fed and the Income Tax. The purpose of the federal reserve is to stabilize the monetary system. And to be clear: it does do that. That's why we have had nearly 100 years with only inflation, and maybe 5 of those years with deflation. Deflation is the thing that the literal Fabian Socialists who founded the Federal Reserve, the State Department, the Income Tax, popular representation in the Senate, and Women's Suffrage wanted to achieve, because they wanted to have permanent inflation which they could doll out to themselves.
Bankers typically don't control nations with interest rates, money lending, and printing money. Typically because the government doesn't allow them to. If bankers look like they are having more money than the government, they get killed. This is what happened to the Knights Templar. They weren't heretics, the King of France just didn't want to pay back his loans, and the pope promised to look the other way because he wanted to lend money to France.
Thank you for your passionate defense of bankers. I'm sure you'll be rewarded for your selfless martyrdom of those humble bankers who've never been corrupt, never levied their massive wealth toward unvirtuous pursuits, and have always been altruistic toward the constituency of each nation they oversee. And I'm sure it's purely cosmic coincidence, that your defense of these helpless bankers matches precisely your altruistic exculpation of another group of people, who are connected to banking and usury.
Seriously, are you getting your view of history and banks from a school textbook?
You're trying to argue with someone pushing an agenda, instead of wanting to talk about facts. It's a mistake we all make every now and then.
Shut up you Jewish loving fagot
Oh look, it's the shortbus brigade again. Screeching about the jews endlessly, living rent free in their heads.
It's not a private bank, it's a government bank with private bank participation.
Borrowing real money can never cause inflation.
No, it is not an imaginary number, like i. i is a number subject to rigorous mathematics. The $200M is literally an imaginary number, as in, "made up out of nothing."
Don't 1 and 5 contradict one another? I mean it sounds like borrowers can create inflation, in our current f'ed up system.
Borrowing real money does not create inflation. It creates only a risk for the lender, who may not get his or her money back, against a possible future profit.
Creating fiat dollars for banks to lend out always creates inflation.
AFAIK The Fed is solely in control of monetary policy and money supply and doesn't have to listen to Congress. Congress can only sell bonds on the market. Not making a value judgement about banks vs gov, but indirectly corporate borrowers and the Fed could cause inflation without Congress.
Only with the emergency measures they gave themselves in response to the GFC. Most of their history they never did make their own money.
I am but a simple ape, so I must assume you know more than me about our money printing system, but I know we are far from constitutionally assigned roles at this point. I just don't think Congress has much control over that right now -- except obvs they should not spend more money than they have or else the Fed has to print more. On that we agree.
The federal reserve causing inflation is an anti semitic conspiracy theory because its owned by the Rothschild's. CONGRESS makes the money, not the bank.
Thank you for the laugh. You sound like a Wikipedia entry.
I have no patience for the "greedy corporations" angle with inflation. Inflation is caused almost entirely by government. In part it's a knock-on effect from the increase in money supply, but also results from overregulation. Here in Canada, we have our government blaming Trump's tariffs for prices that have been skyrocketing since years before Trump took office, all to deflect from the hideous irresponsibility of their own carbon tax, which adds an artificial cost onto every stage of our supply chain, and then mandating that the same service industry which has had to increase all of its prices as a result then increase the wage they pay all of their workers to compensate. As if that increase won't be immediately canceled out by minimum wage workers' employers having to raise prices again to compensate for it.
Greed wasn’t invented in 2020. Blaming corporations for inflation is idiotic.
Tariffs are baked into inflation numbers despite being a tax, so I can understand why Trump is barking at Walmart for making the month's CPI look bad for him.
That said, no company is going to "eat" a tax, whether it's tariffs or (leftoids' favorite) corporate taxes.
Depends on the company. I’ve eaten 10% increases before from suppliers in China. Sometimes I’ve split it with importers so each bore 5%. Gets harder when its 20% or more
Yeah, they price according to what people are willing to pay, but when the margins are high it can be kind of a self fulfilling prophecy.
If someone exposes how lopsided the margins are to a large enough portion of the customer base, enough people may change their spending habits to force a price change.
Well as McDonald's just learned the "oops inflation, sorry!" excuse doesn't work forever, and once you lose your reputation as being affordable (the only benefit Walmart has) it can devastate your margins anyway.
I watched some of a Super Size Me retrospective on Morgan Spurlock's documentary on YT the other night.
Half the comments were talking about how it wouldn't be possible for an average guy to afford to eat 3 square meals a day for a month at Rotten Ronnie's in 2025.
To give McDonald's one point of credit, there does exist a lot of abusable deals and combos to get food for still cheap (though obviously less than before).
But you won't know about them unless you use the self-order kiosk. The tards and teens behind the counter/drivethru aren't going to offer it, if they even know about it, and will just type in the simplest version for them of your order. Which is usually more expensive.
So you are locked into deciding if you want convenience or price, when they literally built their empire on offering both. And the vast majority of people don't know that, so they just see the price and drive off likely for good.
Franchisees have no incentive to advertise these deals. They're loss leaders mandated by corporate because line go down, and the suits have no idea how bad things are on the ground.
It bears repeating that McDonald's is a real estate company that happens to sell burgers.
Profit is punished in clown world
They made "more" in numbers, because the same numbers don't go as far as they used to. High numbers are the result of inflation, not the cause.
Their “record profits” are measured in the same funny money as everything else.
Well, I mean, recouping cash and destroying it is the single most crucial factor in reducing inflation (reducing the overall supply of money), but I guess you're hopping ahead one step with the acknowledgement that such will never happen.
Why should we use our own oil when the Muslims are squatting on so much? Surely it's smarter to take their oil instead...