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@BusinessFamous$7.99 for a quart of ice cream too much? Don't buy it $37 for a McDonaldās dinner for 4? Cook at home $7500 for a weeklong island vacation? Go to a local beach instead The best way to tame inflation is to stop buying stuff. If demand drops, the prices will drop.
Finance Guy
@GuyTalksFinanceSorry to break the bad news ā interest rates are not dropping and neither are home prices
Grant Cardone
@GrantCardonešØWARNING: Stock Market is due for 50% correction taking S&P below 2674. Tens of millions of households will have their retirement & savings destroyed by being invested in stock market at these levels? The yield curve has been inverted for +500 days. This has only happened 3 times since 1920; ⢠1929 ⢠1974 ⢠2009 Each time markets declined MORE than 50%. If your retirement account loses 50% before considering the destruction of your principalsā purchasing power due to inflation resulting in a 75% loss. I have helped thousands of people move there retirement accounts (with no penalty) to have their money backed by real assets providing cash flow to your retirement account monthly & when itās time to retire you live off the cash flow not the principal. To see if your plan qualities Text 305-407-0276 I did this for my sister and it changed her life forever.
$COST OH MY GOODNESS Costco just INCREASED their divided to $1.16 per share up from $1.02 This is really, really important in my opinion. Costco is basically telling the market: "Hey, we did the math, we have too much money, we don't think consumers are going to stop spending so we don't need to hoard cash and be conservative, thanks for being a shareholder, here's an extra 14 cents for every share you have." You don't see companies doing this if their earnings can't justify the numbers. On a very HOT inflation read, $COST Costco still decides to declare a higher dividend, likely on their own economic data showing deflation/disinflation is coming and consumers will continue to spend at Costco.
When will they tell us the real inflation numbers? Ā£11.52 for ONE meal at McDonaldās! pic.twitter.com/dck1O9T4dI
Peter Schiff
@PeterSchiffThe hotter than expected rise in Mar. #CPI proves that interest rates are still too low. More rate hikes are required to move the rate back down to 2%. But not only will the #Fed not delivered the required rate hikes, it's planning to reduce rates, fueling the #inflation fire.
Michael A. Gayed, CFA
@leadlagreportThe fact that we went from āthe Fed will cut interest rates 6 times this yearā to āthe Fed could raise rates this yearā in the span of literally 4 months means none of us has a fucking clue what tomorrow brings.
Ash Crypto
@AshcryptorealšØ BREAKING šØ šŗšøFederal Reserve will cut interest rates by 50 basis points as soon as June and 150 points by the end of this year, says State Street in call against Wall Street consensus - Bloomberg BULLISH FOR MARKET š„
Mueller, She Wrote
@MuellerSheWroteIād be willing to bet you didnāt know the FTC just released a report about why grocery prices are high and thatās 100% due to corporate greed. Iād bet you probably hadnāt heard because mainstream media doesnāt think this is front page news. Iād bet they donāt think itās front page news because it goes against their āBiden is to blame for high pricesā narrative. Iād bet it goes against that narrative because most media is owned by five rich men who want to keep these prices high, and return republicans to power at any cost because itās better for their tax bill despite the cost to the rest of us. We ran this story on our podcast because independent media isnāt dependent on the status quo. š
Raoul Pal
@RaoulGMIWhile everyone is worried about 3.5% inflation, the real issue is the ongoing 8% per annum debasement of currency, on top of inflation. Your hurdle rate to break even is around 12%, which is the 10-year average returns of the S&P 500...just to keep your purchasing power. pic.twitter.com/XxHkIa3QLS
Robert F. Kennedy Jr
@RobertKennedyJrPresident Biden is trying to gaslight us into believing that inflation is coming down. I understand the pain Americans are suffering from high prices. Since he took the oath of office three years ago⦠Butter is up from $3.58 to $4.75 12 Eggs up from $2.36 to $3.54 Milk up from $2.73 to $3.25 Peanut butter up $3.48 to $4.52 Toilet paper up from $7.08 to $9.75 President Biden should be telling Americans that their anger is right and justified. He should be acknowledging that everything is so expensive because of the trillions we spent on forever wars. Wars that made us unsafe. Wars that threaten to escalate to catastrophic levels.
BrooklynDad_Defiant!ā®ļø
@mmpadellanCorporations made almost $3 TRILLION IN PROFITS last year, why the fuck aren't people pissed at corporations? If you want to bitch about inflation, why not bitch at the GREEDY corporations responsible for those prices??
Gunther Eaglemanā¢
@GuntherEaglemanJoe Biden is responsible for the inflation we are experiencing right now. If you think otherwise, youāre a fcking idiot.
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