Nas wrote:
Nardi wrote:
Nas wrote:
good dolphin wrote:
I consider Bush II and Biden similar in terms of their deferring their power to underlings with destructive philosophies. Their sins of omission are at least, if not more damaging than other administration's sins of commission.
I'm almost to the point of being a Bernie guy but I think Bernie always looks good midway through another president's term.
I don't know where the dems will turn for a candidate. They will get slaughtered if Biden or any of the underlings from this administration is the candidate.
All presidents delegate. My reading of your political posts over the past few years tells me that you are more likely to wear a MAGA hat or vote for DeSantis than you are to support Bernie or any uncompromising "progressive". Besides, unlike your college draft predictions, your political predictions have sucked. Counting out Biden isn't smart.
Biden's #1 priority is inflation and his policies are inflationary. He's counted out and knocked out. Put a fork in him.
If that's solely it, he didn't stand a chance before taking office. When the Trump administration was running up the annual deficit, printing money in unprecedented ways, and shutting down the economy, MANY knew inflation was coming, and there wasn't anything you could do about it that wasn't going to harm the economy. If I recall correctly, you weren't opposed to the inflation that you saw coming.
I wouldn't count out Scranton Joe. MANY have been proven wrong by doing so.
Prophet Nardi's inflation thoughts:
March 2020
Nardi wrote:
I got a couple high limit credit cards today from two of the major banks.
You know, for just in case inflation goes apeshit in 6 months.
They are the easiest to default on.
That's my investment advice for right now. Sad as that is.
viewtopic.php?f=127&t=110710&p=3387462&hilit=Inflation#p3387462Nardi wrote:
There's too much history to be made between now and November. Corona probably won't even be much of a story. It might be the 18% unemployment and the 11% inflation rate.
Who knows.
viewtopic.php?f=100&t=120883&p=3398112&hilit=Inflation#p3398112April 2020
Nardi wrote:
It's going up now. People aren't paying attention because gas is down. Production on everything is down so scarcity plus prices go up. Inflation is self sustaining. It's why it's so scary. Many people weren't even born yet the last time it was a problem. It's why JORR is Mr Bitcoin
viewtopic.php?f=175&t=121298&p=3422807&hilit=Inflation#p3422807May 2020
Nardi wrote:
Yup, Life is better than ever. Plus, we've kick started inflation. Something that has been dead for 35 years. Yay, us.
viewtopic.php?f=175&t=120379&p=3433847&hilit=Inflation#p3433847Nardi wrote:
Mortgage delinquencies, unemployment, inflation, interest rates, and the stock market. I'd like to follow the science of economics. I want to follow what the experts say. Can we have an hour by hour unemployment tracker?
viewtopic.php?f=175&t=121665&p=3443315&hilit=Inflation#p3443315June 2020
Nardi wrote:
Between March and June 2021, inflation becomes a problem. If it snowballs into hyper inflation, it's all over. Gold and bitcoin may not even save you if civilization is in ashes.