Stock market soaring under Democratic leadership.

Now 66% of Americans disapprove of Biden's record on the economy and just 23% see conditions as 'somewhat good' as inflation soars

https://www.dailymail.co.uk/news/article-10785825/amp/Now-66-Americans-disapprove-Bidens-economic-record-new-poll-shows.html

Stock market when Democrats took control 31k

https://finance.yahoo.com/news/stock-market-news-jan-21-151203969.html

Stock market today after the fed raised rates. To stop inflationary concerns.

32898....https://money.cnn.com/data/markets

When you said this the Nasdaq was 13,400 

The Nasdaq is now 12,144 

Inflation is soaring 

We’re in the middle of a full blown proxy war 

“Better days”? 

You said this 13 months ago. 

Maybe it’s time to find new sources of information? 

Even with COVID-19 war going in Europe diesel at 6.00 a gallery n interest at the fed level highest in 2 decades Dow Jone industrial is up nearly 2000 points since the traitor left town. 

You saying it is all going to crash you been pushing this mentality for nearly 1 and half years.

You don't believe the government, or news sources and even numbers them selves are puzzling what would you describe as a source of intelligence you rely on that voice in the dash of your ride?????

Why did the fed raise rates? 

Because we were seeing the highest inflation rates in 40 years. 

Why were we seeing the highest inflation rates in 40 years? 

Since Joe Biden took office, the US has printed nearly 80% of all US dollars in existence.

Any questions? 

Now 66% of Americans disapprove of Biden's record on the economy

Stock market day before failed coop

https://www.cnbc.com/2021/01/05/stock-market-futures-open-to-close-news.html

Stock market day after the failed coop.

https://finance.yahoo.com/news/stock-market-news-jan-7-144502792.html

Stocks before elections 

27k.

https://finance.yahoo.com/news/stock-market-news-nov-5-145202943.html

Market soared.....

Today 32k.

Pretty short sided reply, do you need a chart of the FED balance sheet to correct your inaccurate reply? Inflation does not pop out of nowhere in a year, this has been building for over ten years and inflation has been here for multiple years, what brought it to the TV for the masses to see is the price of oil and gas, but inflation has been here for a long long time just denied and suppressed so the FED could keep rates low.

If the FED were serious about inflation they would not have allowed this to build as they did nor would they have done some measly raise of 50 bps and wait for the meeting date to do it. It is obvious the FED is not engaged to fight inflation and the bond market indicates this reality.

Always good to see you inside the forum WSC!

Indeed 

Inflation 101.

When gold backed the reserve to the coin an ounce was worth 20.00 or a twenty dollar gold note 1932.

Gold is worth 2000.

Silver again when the reserve backed the dollar in silver 1964 an ounce was worth a dollar the silver note...

Today 25.00 an ounce 

This is by definition inflation.

The value has inflated to... 100-1 in the last 100 years and tapered to 25 -1 over the last 60.. years.

Cars did better as an investment but worse in an inflationary view.....

1932 Ford Cost In 1932? Evidence of that is as clear and direct as the value NADA Guides lists for a ’32 Ford Coupe today. The car that sold new for $485 in 1932 now commands a retail price as high as $54,000, which turns the term “retained value” on its head.

Yes please share the Feds balance sheet. 

Also share how much it has increased since Joe Biden became President. 

Then explain how it’s just a coincidence that it coincides with massive inflation. 

Thanks for doing the grunt work, I appreciate you. 

The FED has actually been growing at a slower clip since Biden has been in office versus Trump and prior-

https://fred.stlouisfed.org/graph/?g=HfT

>> In billions << 

$3,993 Jan 2020 

$20,710 March 2022 

https://fred.stlouisfed.org/series/M1SL

You posted a link of the feds assets? 

Look at the chart and look at the last six months to a year, the biggest pop was off the Covid low.

It isnt partisan at all, but to prove your partisan approach I had to show the chart.

The jump while Trump was in was over 50% in the balance sheet, since Biden is in office that has slowed but the reality is back to 2008 the move has been straight up and unnecessary.

This is the chart you want to look at my friend. I didn’t think that I needed to teach you the basics. 

https://fred.stlouisfed.org/series/M1SL

To me inflation was imbedded after 2011 when the FED did not shrink their balance sheet and actually it went up 300% more when it should have returned to baseline and not kept at those levels. That suppression of interest rates created a risk environment and also pushed the RE market up since that drop which started reversing in 2011.

M1?

LOL

Yeah you are teaching me the basics I am so lucky. We had this discussion before, M1 means nothing and do you wonder why the FED stopped reporting the other more important M2? Any idea?

M1 is something that had value 50 yrs ago, but thanks for that wonderful lesson. Also tell me something since you are so smart...why did M1 spike like that when the prior 12 yrs the FED balance sheet was up over 200% but "M1" was quite flat?

So would you like to be educated on this again, or did you forget our discussion in the past?

M1.....lmao

Yeah that created the environment for assets to soar. Assets soaring led to the feds asset balance sheet to increase significantly. Joe Biden and co created the environment for INFLATION. 

Two different situations. 

Just admit I’m right, you’ll feel better.