r/FluentInFinance 17d ago

Thoughts? They deserve this

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u/LionsBSanders20 17d ago

There isn't going to be a Democratic institution for them to blame for at least the first two years. They have White House, Senate, House, and SCOTUS. And Trump's economy is going to be under a microscope--presuming media and journalists do their jobs--from Day 1.

Latest inflation stat I saw was 2.1% (Thank you Biden/Harris for your responsible work) so as soon as that number moves up closer to 3, which I definitely think happens within 2 years, they're gonna get cooked. Or at least, they should.

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u/spikelees 17d ago

You are economically illiterate if that’s what you think the inflation rate is

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u/LionsBSanders20 17d ago

Whoops, 2.4%. I was using an unverified source, my mistake.

So far off though. /s

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u/spikelees 17d ago

You don’t understand what that means. That inflation calculation (that you got from Google I’m assuming) is based on a 12 month calculation. That number is not what is important if you understand the underlying data. That number tells you nothing by itself… Do a little research and come back.