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BillyJenningsBoots wrote: ↑13 Jun 2025, 12:42Yeah those illegals that wash cars and pay their taxes fuck em off back to wherever?!
Dirty little bastards!
Nutsin wrote: ↑13 Jun 2025, 05:06One Sunny Day" wrote: ↑13 Jun 2025, 04:47 US Senator dragged from Noem's news conference and hand cuffed for doing his job of being there and asking a question. Welcome to the USA sleep walking into being a fascist state.What a load of bollocks!
Nutsin wrote: ↑12 Jun 2025, 23:46BillyJenningsBoots wrote: ↑12 Jun 2025, 22:26Nutsin wrote: ↑12 Jun 2025, 21:36Okay looks like you need another lesson on inflation.
When setting monetary policy including Interest rates the Fed look at the Core PCE Deflator. I already mentioned this to you.
The Core PCE Deflator Does not consider the price of o loaf of bread in its Inflation data. In fact it ignore groceries and energy prices altogether.
Only a Brian dead retarded liberal would point out tax cuts being inflationary. I bet you’re one of those retards that will claim wage growth increases ( people getting pay raises annd higher paying jobs) are inflationary and therefore bad for the economy too.
Mong!I wasnt talking about interest rates so not sure what you are talking about. Maybe goose was? I dunno!
I was also not disputing how inflation is worked out so quit obfuscating.
You are deliberately avoiding the point that you thought Beasant was actually saying reducing taxes is anti-inflationary. Which is not what he said but you are too thick to understand it. You just google and regurgitate without actually understanding any of it!
I didnt say tax cuts were inflationary read it again idiot. I said they were not deflationary but that can lead to demand led inflation if people have too much money in their pockets and want to spend it without there being the supply to support it prices rise!
That is so clear to me now. You are actually as dumb as you sound.Cost push and Demand Pull inflation. Get it right numbnuts.
Fucking clueless!
One Sunny Day" wrote: ↑13 Jun 2025, 04:47 US Senator dragged from Noem's news conference and hand cuffed for doing his job of being there and asking a question. Welcome to the USA sleep walking into being a fascist state.
It's all Greta Thunbergs fault. One Sunny Day" wrote: ↑13 Jun 2025, 04:47 US Senator dragged from Noem's news conference and hand cuffed for doing his job of being there and asking a question. Welcome to the USA sleep walking into being a fascist state.
BillyJenningsBoots wrote: ↑12 Jun 2025, 22:26Nutsin wrote: ↑12 Jun 2025, 21:36BillyJenningsBoots wrote: ↑12 Jun 2025, 20:57Oh dear keep digging muppet, true to form Nutsack you just regurgitate the moronic dribblings of your heoroes even when its irrelevant and/or you dont understand it. I googled Beasants remark and its not stating that reducing taxes will be deflationary you idiot. Its stating that on the theory that if increasing Tarriffs as a tax burden is inflationary then reducing taxes would have the opposite effect which I assume he knew to be not true as he was denying the former statement.
Now do you get it. Its really a school day everyday for you isnt it.
Oh and I have no problem with free trade its you and Trump who thinks having tarriffs at a miimum of 10% is good!Okay looks like you need another lesson on inflation.
When setting monetary policy including Interest rates the Fed look at the Core PCE Deflator. I already mentioned this to you.
The Core PCE Deflator Does not consider the price of o loaf of bread in its Inflation data. In fact it ignore groceries and energy prices altogether.
Only a Brian dead retarded liberal would point out tax cuts being inflationary. I bet you’re one of those retards that will claim wage growth increases ( people getting pay raises annd higher paying jobs) are inflationary and therefore bad for the economy too.
Mong!I wasnt talking about interest rates so not sure what you are talking about. Maybe goose was? I dunno!
I was also not disputing how inflation is worked out so quit obfuscating.
You are deliberately avoiding the point that you thought Beasant was actually saying reducing taxes is anti-inflationary. Which is not what he said but you are too thick to understand it. You just google and regurgitate without actually understanding any of it!
I didnt say tax cuts were inflationary read it again idiot. I said they were not deflationary but that can lead to demand led inflation if people have too much money in their pockets and want to spend it without there being the supply to support it prices rise!
That is so clear to me now. You are actually as dumb as you sound.
Nutsin wrote: ↑12 Jun 2025, 21:36BillyJenningsBoots wrote: ↑12 Jun 2025, 20:57Nutsin wrote: ↑12 Jun 2025, 20:00Well Bessant the head of the treasury was the one who mentioned taxes being deflationary. I think I’ll take his word on things, he’s been right so far.
Tarriff increases are not always passed on to the consumer and a reduction in energy costs brings down the costs of groceries and items sold at Walmart ffs.
As for the Tarriff revenue, China is being charged 55% Tariiffs, remember there will be a blanket 10% on everyone else minimum…. All that adds up. Trade barriers are coming down only a liberal would take issue with that.Oh dear keep digging muppet, true to form Nutsack you just regurgitate the moronic dribblings of your heoroes even when its irrelevant and/or you dont understand it. I googled Beasants remark and its not stating that reducing taxes will be deflationary you idiot. Its stating that on the theory that if increasing Tarriffs as a tax burden is inflationary then reducing taxes would have the opposite effect which I assume he knew to be not true as he was denying the former statement.
Now do you get it. Its really a school day everyday for you isnt it.
Oh and I have no problem with free trade its you and Trump who thinks having tarriffs at a miimum of 10% is good!Okay looks like you need another lesson on inflation.
When setting monetary policy including Interest rates the Fed look at the Core PCE Deflator. I already mentioned this to you.
The Core PCE Deflator Does not consider the price of o loaf of bread in its Inflation data. In fact it ignore groceries and energy prices altogether.
Only a Brian dead retarded liberal would point out tax cuts being inflationary. I bet you’re one of those retards that will claim wage growth increases ( people getting pay raises annd higher paying jobs) are inflationary and therefore bad for the economy too.
Mong!
Nutsin wrote: ↑12 Jun 2025, 21:37goose wrote: ↑12 Jun 2025, 21:32All layers on higher borrowing costs for the president who said this:
“No member of Congress should be eligible for re‑election if our country’s budget is not balanced—deficits not allowed!”
first term he added $8trn to your national debt, he’s fc to add another $2trn a year.Are you spouting bollocks about spending under Covid now?
goose wrote: ↑12 Jun 2025, 21:32All layers on higher borrowing costs for the president who said this:
“No member of Congress should be eligible for re‑election if our country’s budget is not balanced—deficits not allowed!”
first term he added $8trn to your national debt, he’s fc to add another $2trn a year.
BillyJenningsBoots wrote: ↑12 Jun 2025, 20:57Nutsin wrote: ↑12 Jun 2025, 20:00BillyJenningsBoots wrote: ↑12 Jun 2025, 18:56Oh dear. For someone who proclaims to be an expert in stocks and shares and a critical thinker you know absolutely nothing about the tax system or how tarrifs are applied are you actually the Donald himself?
Tarriffs are a tax on importing goods which directly raises prices and is therefore inflationary - right?
But reducing income taxes has no effect on reducing inflation in fact it can have the opposite effect as with more money in your pocket, you may well force demand and thus fuel inflation further.
Also if lower fuel prices are having a big impact on inflation as an overall figure then the fact inflation has risen slightly suggests its countering bigger rises elsewhere.
Oh and you cant keep banging on about tarrifs bringing tax revenue in and also stating that once the trade deals remove tarrifs prices will come down trade and will be free!
Numpty Nutsack!Well Bessant the head of the treasury was the one who mentioned taxes being deflationary. I think I’ll take his word on things, he’s been right so far.
Tarriff increases are not always passed on to the consumer and a reduction in energy costs brings down the costs of groceries and items sold at Walmart ffs.
As for the Tarriff revenue, China is being charged 55% Tariiffs, remember there will be a blanket 10% on everyone else minimum…. All that adds up. Trade barriers are coming down only a liberal would take issue with that.Oh dear keep digging muppet, true to form Nutsack you just regurgitate the moronic dribblings of your heoroes even when its irrelevant and/or you dont understand it. I googled Beasants remark and its not stating that reducing taxes will be deflationary you idiot. Its stating that on the theory that if increasing Tarriffs as a tax burden is inflationary then reducing taxes would have the opposite effect which I assume he knew to be not true as he was denying the former statement.
Now do you get it. Its really a school day everyday for you isnt it.
Oh and I have no problem with free trade its you and Trump who thinks having tarriffs at a miimum of 10% is good!