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Jun 13, 2022
7:20
:53
am
Mike Honcho
All-American
I don’t remember this being true, but Google doesn’t allow me to search within a time period anymore. If people weren’t
raising the alarm on it I have a hard time believing Biden would have gone Baghdad Bob about it like he did though.
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Mike Honcho
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BYUCoug11
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Mike Honcho
Joined
Feb 27, 2011
Last login
Nov 15, 2024
Total posts
55,638 (10,633 FO)
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Messages
Author
Time
Inflation is transitory Biden said. Why would anyone trust Biden with economics
delinquentcoug
6/13/22 7:04am
His own words this past November: “There’s nobody suggesting there’s unchecked inflation on the way…”
Pimpin4Paradise
6/13/22 7:15am
Broad consensus of economists believed inflation was transitory.
Genghis Spreads
6/13/22 7:17am
I don’t remember this being true, but Google doesn’t allow me to search within a time period anymore. If people weren’t
Mike Honcho
6/13/22 7:20am
Larry Summers didn't believe it was transitory and he's left-leaning.
Genghis Spreads
6/13/22 7:33am
Add Janet Yellen
Plato
6/13/22 7:44am
Janet Yellen thought it was transitory.
Genghis Spreads
6/13/22 7:45am
Maybe publicly, but she was warning him about the size of the
Plato
6/13/22 8:57am
Plausible
Genghis Spreads
6/13/22 11:54am
citation?
No touching
6/13/22 7:21am
RE: citation?
Genghis Spreads
6/13/22 7:35am
That's all you came up with?
No touching
6/13/22 9:15am
That has all the information.
Genghis Spreads
6/13/22 11:53am
That has little info. It has Sommers, who was employed previously by Biden, saying the consensus was inflation would
No touching
6/13/22 12:03pm
Summers didn't work for Biden
Genghis Spreads
6/13/22 12:09pm
He did indeed:
No touching
6/13/22 12:54pm
That's an unpaid adviser.
Genghis Spreads
6/13/22 3:22pm
Even people who call themselves experts can be wrong about somethings:
delinquentcoug
6/13/22 12:07pm
Broad consensus of hand picked economists
CougieMcCougFace
6/13/22 7:21am
While just about every layman on CB saw this coming.
kccougar
6/13/22 7:22am
Really? I asked around here why the Fed didn't raise rates yet and nobody said
Genghis Spreads
6/13/22 7:36am
Link to post?
AggieWeekendCougar
6/13/22 7:48am
RE: Link to post?
Genghis Spreads
6/13/22 8:01am
I saw 3 people who said they should, one who said they shouldn’t, and multiple
AggieWeekendCougar
6/13/22 8:07am
Who said they should?
Genghis Spreads
6/13/22 8:13am
RE: Really? I asked around here why the Fed didn't raise rates yet and nobody said
Unibro
6/13/22 8:23am
Good job.
Genghis Spreads
6/13/22 12:08pm
They all should probably lose their jobs.
Still Open
6/13/22 7:22am
Must be nice to have a job all based on theory with no real accountability.
crack
6/13/22 7:28am
RE: Broad consensus of economists believed inflation was transitory.
Dryfire
6/13/22 7:33am
Broad consensus of economists are idiots then.
Romex
6/13/22 7:36am
Not true
Backcountry
6/13/22 7:39am
I'm not an economist and I knew it wasnt transitory. Get better experts.
panacablue
6/13/22 7:40am
Lol, wrong. That’s what the administration kept telling you and you bought it.
Pimpin4Paradise
6/13/22 7:41am
I didn't hear it from the administration.
Genghis Spreads
6/13/22 7:48am
That’s literally the only place I heard it from. Biden and Psaki.
Pimpin4Paradise
6/13/22 7:51am
Most people I follow were predicting this as early as 2020.
Backcountry
6/13/22 8:18am
I'm not an economist, infact, I'm barely financially literate and I saw this
Powerbait DPM
6/13/22 9:20am
There was not a broad consensus among economists that inflation was transitory
Dryfire
6/13/22 11:26am
It wasn't unanimous. Consensus =\= unanimity
Genghis Spreads
6/13/22 12:03pm
The only people saying it would be transitory were Jerome Powell, Janet Yellen,
Dryfire
6/13/22 2:51pm
That is laughable
hitechcpa
6/13/22 1:32pm
Just saw on CNBC he also said Exxon has more money than God
crack
6/13/22 7:24am
What does he mean by “money,” because tech companies have like 15x as much cash on hand. Does Biden think Exxon should
Mike Honcho
6/13/22 7:31am
Tech companies? That's (D)ifferent. Nothing to see there.
mobius
6/13/22 7:34am
Govt makes so much money off of excise taxes
CougieMcCougFace
6/13/22 7:35am
Imagine working in oil & knowing half the country despises you while using your
txblue
6/13/22 7:46am
Just like farmers, truck drivers, construction workers and other deplorables
AZ Coug
6/13/22 11:15am
I mean, we get regular criticism of Realtors, lawyers, Health Care, the mods,
Wyomingite
6/13/22 11:36am
I don't mind someone being wrong, I care when they will not admit or correct
compcoug
6/13/22 7:54am
This isn't just a case of being wrong, they new what they were doing. They lied
Gente_Boa
6/13/22 10:46am
Have you read this board? Ton of woke clowns.
BDAWG
6/13/22 8:28am
Even Democrats are jumping ship on Biden. Can we survive 2.5 more years?
cougarnw
6/13/22 8:40am
Well, it kinda is. Once stupid politicians stop making stupid monetary...
bluecheese
6/13/22 10:51am
I am curious what monetary policy is cited as driving inflation?
Cosmokid
6/13/22 11:09am
The over-reaction to the pandemic is likely the major cause, as you mentioned.
bluecheese
6/13/22 2:22pm
Partially I agree, but I don't know why this is on our current president
Cosmokid
6/13/22 3:15pm
Back when they were reporting inflation as 5% and saying it was transitory I was
Gente_Boa
6/13/22 10:51am
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