The wage WILL not RAISE WHEN THERE is BUSINESS CLOSING AND GAS PRICES escalated no FOOD can be trucked IN WHEN no TRUCKS OR TRUCKERS SPENDING 1200.00 for diesel FUEL SO YOU ALL ARE not tuned in to AMERICA PAINS !!!!!!!!
Lies! Prices have more than doubled. Food prices have more than doubled from 2021 to 2022. Wages go up by a few percentage points; are not doubled. The stated inflation rate of 8.3% is a joke; won't you try a number higher than 100%! Construction materials have more than doubled and tripled in some areas. It's ridiculously humorous and sad that these guys lie to our faces. I don't know where this guy gets his facts. I would say our inflation is higher than 150%. Other countries state their real data; we're told nothing but greatly and grotesquely humongous lies. I live in San Fernando Valley/Los Angeles. Perhaps, the rest of America has a much lower inflation rate?! sarcasm! My grocery cost has tripled, not doubled; that's a 200% inflation rate, not 8.3%!
Bunch of morons. Look at every other country that see big inflation. It ALWAYS causes recession and doesn't go away until monetary policy changes. Core CPI doesn't matter. Its just a number. If no one has any more money after they spend money on food, shelter and energy then it doesn't matter what the price of those other goods are.
Great job on those minimum wage changes, Dems!!! Minimum wage earners get more money, but they just have to pay more to live anyway. You've fooled them again into thinking you were going to help them! LOL Oh an top of that, you are going to cause the interest rates to climb so they won't be able to afford homes! What a win, huh????
They are killing the seniors. Fixed income is all you need to point out. Inflation on any level will erode fox incomes to dangerous levels. Look at the 99 cents stores now any thing you buy there cost is 1.39, calculate how much this affects fixed incomes, geniuses$$$
Market lost confidence in Powell. Only Paul Volcker can control this inflation. Powell's ways of 50bp won't work. Take the September 50bp forward and do 100bp now.
While it may not be the main factor behind the current high level of inflation doubling minimum wage is surely a major contributor. It ALWAYS is. This is why many of us have warned that you could raise minimum wage to $100/hour and it will still be near poverty wages was all other costs rise accordingly. Companies are not charities so when the cost of wages rise the price of their services or goods rise too recoup the cost of the increased wages. So go ahead, make minimum wage $50/hour. Just be prepared to pay $50/per gallon of gas and per gallon of milk.
But they convinced us that voting in the politically correct guy would be better for America than the guy who merely made it great again. It can’t be wrong, it felt so right.
Hotter than who expected? Biden did this on purpose I expect things to get much worse. Biden wants more ethanol mixed with gas that means gas will go up so will the cost of corn feeding farm animals. Ethanal is polluting and harmful to engines, 22Lbs of corn to make 1 gallon.
"Since I took office, families are carrying less debt; their average savings are up. A recent survey from the Federal Reserve found that more Americans feel financially comfortable than at any time since the survey began in 2013." President Joe Biden June 03, 2022 10:48 a.m. ET Rehoboth Beach, Delaware.
The American people were robbed and fooled by Democratic Party politicians. It was related to their cunning work in Ukraine.
with WEAPONS from America and NATO…. THE NEO NAZI KYIV regime did not hesitate to destroy VILLAGES and TOWNS in EASTERN UKRAINE….
Neo Nazi terrorists of the Kyiv regime have been carrying out massacres of EASTERN UKRAINIAN PEOPLE / RUSSIAN SPEAKERS since 2014.
At least pre-arrival of the special military operation of the Russian federation, the neo-nazi terrorists of the Kyiv regime had committed GENOCIDE or ETHNIC CLEANSING against 15000 people of EASTERN UKRAINE / RUSSIAN SPEAKERS.
From the testimony and confessions of the people of Mariupol, Donestk, Luhanks and others, collected by independent journalists from various countries we can know that THE NEO NAZI TERRORISTS OF THE KYIV REGIME have increasingly gone crazy about killing Ukrainians speaking Russian speakers and also destroying various facilities and houses that exist in cities and villages inhabited by Russian-speaking Ukrainians.
Since 2014 various attempts at negotiations to get THE NEO NAZI TERRORISTS OF THE KYIV REGIME to stop GENOCIDE against the Russian-speaking Ukrainian people have been pursued. But the neo-nazi terrorists of the Kyiv regime backed by politicians of the American Democratic party and NATO have never stopped killing.
February 2022 in the end the russian federation provided assistance to the fighters of Donetsk, Luhanks, Mariupol and other urban cities to FREE them from the abominations and cunning of the neo-nazi terrorists of the Kyiv regime.
To understand the existing conflicts. It is mandatory that you learn slowly by listening to some documentaries and reports of humanitarian journalists. Of course, you can also compare it to manipulative reportage carried out by American media corporations and NATO. By comparing you will be able to judge which is right and which is wrong…
HUMANITY is the MAIN VALUE….
THE PEOPLE WERE FOOLED AND FORCED TO SUPPORT Neo Nazi Ukraine.
U.S. Democrats designed THE DESTRUCTION OF UKRAINE.
Buy and install Ukrainian politicians to be in the control of American politics.
Making provocations through the work of secret agents in the events of Maidan 2014.
Raising neo-nazi groups and then including them in Ukrainian military units
to find out the beginnings of the UKRAINIAN CONFLICT and the growth of Ukrainian Neo Nazis who then for 8 years COMMITTED GENOCIDE or ETHNIC CLEANSING against the people of eastern Ukraine (russian language)
More than 15,000 eastern Ukrainians have been killed by Ukrainian neo-nazis.
The provocation of black American groups by carrying out hidden shootings of the people can be seen on BBC NEWSNIGHT in the coverage 7 years ago https://youtu.be/mJhJ6hks0Jg
Because of the brutality of ukrainian neo-nazis, the people of eastern Ukraine are victims. This coverage was made by the BBC 8 years ago https://youtu.be/0QGFZev_h7g
There are many documentaries of independent journalists since 8 years ago that can be studied. From there we will be able to know how American and NATO politicians must be held accountable for the overlap of UKRAINIAN NEO NAZIS in the crimes of ethnic cleansing or genocide against the people of eastern Ukraine.
For a daily report on the state of eastern Ukraine you can see in the reportage of independent journalists
such as PATRICK LANCASTER (USA) on the Youtube channel. Or…. Eva K Bartlett (Canada), Graham Phillips (UK), VN Rangeloni (Italy), Ruben Gisbert (Spain), John Mark Dougan (USA)
Their reprotase is on their respective youtube channels
And…. Cristelle (FRANCE) On youtube channel : Donbass Insiders ……………… May the civilians of western Ukraine and from the east soon find peace. And rotten politicians and fascist mobs must be eradicated for a better future for Ukraine.
Mark Bartalmai (German) Title : ukraine agony the concealed war Made in 2014
And I really appreciate LIVRE NOIR (FRANCE) journalistic work. And I also advise all of us to look intellectually at the work ANNE LAURE BONNEL.
I suggest you learn a little from the discussion on The Duran (Youtube) and The New Atlas. And… Richard Medhrutst (UK) Jackson Hinkle (USA) Scott Ritter (USA) Gonzalo Lira (Kharkov Ukraina) The Hill (USA) Redacted (USA)
Wages never catch up with inflation, I don’t know we’re Thais guy was educated but he needs to look a the real world tons of history that wages always lag inflation. 9% inflation in service is not a great increase where do they find these guys, must be Biden economic team.
8 percent inflation is something natural in this environment. There is no need to do anything as long as the war in Ukraine lasts. FED is causing recession. Some countries experienced 300 percent yearly inflation and 6 percent yearly growth. Brazil for example. The main problem is that the poor are mostly affected by rising prices.
You are out of reality when if you think we can afford this. Between gas, food and rent I’m paying over 1000 dlls more now than las year. I work 12 hours a day. Should I work 20 hours instead??? The economy is very bad let’s face it.
First 2 guys are completely stupid, if they think small raises will cool this, or if they are only looking at inflation in a few areas. The rest are leaving out that what they are really saying is… recession. Lower inflation, without a job, is not a good outcome.
Also, you can tell who (does not) go shopping for anything, because it's easy to see how bad inflation is. I go to Home Depot quite a bit, and I can see prices of various items increase weekly. Not just food. Not just fuel. And wood has gone back up, but I am not talking about that. And just wait until fertilizer prices are baked into food prices. LoL. Stagflation is already starting, but the sheep are still sleeping.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Liberal CNBC employees should check their 401ks lol sick how anyone could support a Biden !!!! Over 5 dollar a gallon imagine this was happening when Trump was in office
All I can think about is Goxx, the hamster that was more succesful predicting crypto trades than almost any human. I think if Goxx was alive today, he would put all of these 'experts' to shame.
The wage WILL not RAISE WHEN THERE is BUSINESS CLOSING AND GAS PRICES escalated no FOOD can be trucked IN WHEN no TRUCKS OR TRUCKERS SPENDING 1200.00 for diesel FUEL SO YOU ALL ARE not tuned in to AMERICA PAINS !!!!!!!!
False HOPE! Wake UP AMERICA VOTE THEM OUT the DEMOCRATS =SOCIALISTS =COMMUNISM =NEW WORLD ORDER this ELECTION YEAR!
Lies! Prices have more than doubled. Food prices have more than doubled from 2021 to 2022. Wages go up by a few percentage points; are not doubled. The stated inflation rate of 8.3% is a joke; won't you try a number higher than 100%! Construction materials have more than doubled and tripled in some areas. It's ridiculously humorous and sad that these guys lie to our faces. I don't know where this guy gets his facts. I would say our inflation is higher than 150%. Other countries state their real data; we're told nothing but greatly and grotesquely humongous lies. I live in San Fernando Valley/Los Angeles. Perhaps, the rest of America has a much lower inflation rate?! sarcasm! My grocery cost has tripled, not doubled; that's a 200% inflation rate, not 8.3%!
Bunch of morons. Look at every other country that see big inflation. It ALWAYS causes recession and doesn't go away until monetary policy changes. Core CPI doesn't matter. Its just a number. If no one has any more money after they spend money on food, shelter and energy then it doesn't matter what the price of those other goods are.
President potato head
Great job on those minimum wage changes, Dems!!! Minimum wage earners get more money, but they just have to pay more to live anyway. You've fooled them again into thinking you were going to help them! LOL Oh an top of that, you are going to cause the interest rates to climb so they won't be able to afford homes! What a win, huh????
They are killing the seniors. Fixed income is all you need to point out. Inflation on any level will erode fox incomes to dangerous levels. Look at the 99 cents stores now any thing you buy there cost is 1.39, calculate how much this affects fixed incomes, geniuses$$$
higher airfares has to do with increassing full price for flights. Cost has to be passed on to the consumer.
Market lost confidence in Powell. Only Paul Volcker can control this inflation. Powell's ways of 50bp won't work. Take the September 50bp forward and do 100bp now.
"at some point they'll catch up"
Lmfao you guys are the worst, I only came here to see what lies you were pushing this momth
Oh my where did these clowns come from???
While it may not be the main factor behind the current high level of inflation doubling minimum wage is surely a major contributor. It ALWAYS is. This is why many of us have warned that you could raise minimum wage to $100/hour and it will still be near poverty wages was all other costs rise accordingly. Companies are not charities so when the cost of wages rise the price of their services or goods rise too recoup the cost of the increased wages. So go ahead, make minimum wage $50/hour. Just be prepared to pay $50/per gallon of gas and per gallon of milk.
But they convinced us that voting in the politically correct guy would be better for America than the guy who merely made it great again. It can’t be wrong, it felt so right.
Don't be surprised if the S&P goes down 10% next week…
Nice job Biden
That noise is irritating
Stop interrupting the guests – I want to hear them, not the interviewer
Hotter than who expected? Biden did this on purpose I expect things to get much worse. Biden wants more ethanol mixed with gas that means gas will go up so will the cost of corn feeding farm animals. Ethanal is polluting and harmful to engines, 22Lbs of corn to make 1 gallon.
"Since I took office, families are carrying less debt; their average savings are up. A recent survey from the Federal Reserve found that more Americans feel financially comfortable than at any time since the survey began in 2013." President Joe Biden June 03, 2022 10:48 a.m. ET Rehoboth Beach, Delaware.
The American people were robbed and fooled by Democratic Party politicians. It was related to their cunning work in Ukraine.
with WEAPONS from America and NATO….
THE NEO NAZI KYIV regime did not hesitate to destroy VILLAGES and TOWNS in EASTERN UKRAINE….
Neo Nazi terrorists of the Kyiv regime have been carrying out massacres of EASTERN UKRAINIAN PEOPLE / RUSSIAN SPEAKERS since 2014.
At least pre-arrival of the special military operation of the Russian federation, the neo-nazi terrorists of the Kyiv regime had committed GENOCIDE or ETHNIC CLEANSING against 15000 people of EASTERN UKRAINE / RUSSIAN SPEAKERS.
From the testimony and confessions of the people of Mariupol, Donestk, Luhanks and others, collected by independent journalists from various countries we can know that THE NEO NAZI TERRORISTS OF THE KYIV REGIME have increasingly gone crazy about killing Ukrainians speaking Russian speakers and also destroying various facilities and houses that exist in cities and villages inhabited by Russian-speaking Ukrainians.
Since 2014 various attempts at negotiations to get THE NEO NAZI TERRORISTS OF THE KYIV REGIME to stop GENOCIDE against the Russian-speaking Ukrainian people have been pursued. But the neo-nazi terrorists of the Kyiv regime backed by politicians of the American Democratic party and NATO have never stopped killing.
February 2022 in the end the russian federation provided assistance to the fighters of Donetsk, Luhanks, Mariupol and other urban cities to FREE them from the abominations and cunning of the neo-nazi terrorists of the Kyiv regime.
To understand the existing conflicts. It is mandatory that you learn slowly by listening to some documentaries and reports of humanitarian journalists. Of course, you can also compare it to manipulative reportage carried out by American media corporations and NATO.
By comparing you will be able to judge which is right and which is wrong…
HUMANITY is the MAIN VALUE….
THE PEOPLE WERE FOOLED AND FORCED TO SUPPORT Neo Nazi Ukraine.
U.S. Democrats designed THE DESTRUCTION OF UKRAINE.
Buy and install Ukrainian politicians to be in the control of American politics.
Making provocations through the work of secret agents in the events of Maidan 2014.
Raising neo-nazi groups and then including them in Ukrainian military units
to find out the beginnings of the UKRAINIAN CONFLICT and the growth of Ukrainian Neo Nazis who then for 8 years COMMITTED GENOCIDE or ETHNIC CLEANSING against the people of eastern Ukraine (russian language)
More than 15,000 eastern Ukrainians have been killed by Ukrainian neo-nazis.
Please learn
UKRAINE ON FIRE by Oliver Stone (USA)
https://youtu.be/pKcmNGvaDUs
Compare with this sub video
Ukrainian neo-nazi child training camp by The Guardian.
https://youtu.be/jiBXmbkwiSw
INSIDE A WHITE SUPREMACIST MILITIA IN UKRAINE by TIME
https://youtu.be/fy910FG46C4
Coverage BBC NEWS 7 years ago.
https://youtu.be/Ib7EkJD08e4
Coverage DEMOCRACY NOW 8 years ago.
https://youtu.be/ROTwyP5no08
The provocation of black American groups by carrying out hidden shootings of the people can be seen on BBC NEWSNIGHT in the coverage 7 years ago
https://youtu.be/mJhJ6hks0Jg
NEO-NAZI THREAT can be seen in BBC NEWSNIGHT coverage 8 years ago
https://youtu.be/5SBo0akeDMY
Because of the brutality of ukrainian neo-nazis, the people of eastern Ukraine are victims. This coverage was made by the BBC 8 years ago
https://youtu.be/0QGFZev_h7g
There are many documentaries of independent journalists since 8 years ago that can be studied. From there we will be able to know how American and NATO politicians must be held accountable for the overlap of UKRAINIAN NEO NAZIS in the crimes of ethnic cleansing or genocide against the people of eastern Ukraine.
For a daily report on the state of eastern Ukraine you can see in the reportage of independent journalists
such as PATRICK LANCASTER (USA) on the Youtube channel.
Or….
Eva K Bartlett (Canada),
Graham Phillips (UK),
VN Rangeloni (Italy),
Ruben Gisbert (Spain),
John Mark Dougan (USA)
Their reprotase is on their respective youtube channels
And….
Cristelle (FRANCE) On youtube channel : Donbass Insiders
………………
May the civilians of western Ukraine and from the east soon find peace.
And rotten politicians and fascist mobs must be eradicated for a better future for Ukraine.
Mark Bartalmai (German)
Title : ukraine agony the concealed war
Made in 2014
And I really appreciate LIVRE NOIR (FRANCE) journalistic work.
And I also advise all of us to look intellectually at the work
ANNE LAURE BONNEL.
I suggest you learn a little from the discussion on The Duran (Youtube) and The New Atlas.
And…
Richard Medhrutst (UK)
Jackson Hinkle (USA)
Scott Ritter (USA)
Gonzalo Lira (Kharkov Ukraina)
The Hill (USA)
Redacted (USA)
Joe has been more successful at destroying the econ, than we'd hoped.
These "experts" all predicted it would fall!
Wages never catch up with inflation, I don’t know we’re Thais guy was educated but he needs to look a the real world tons of history that wages always lag inflation. 9% inflation in service is not a great increase where do they find these guys, must be Biden economic team.
8 percent inflation is something natural in this environment. There is no need to do anything as long as the war in Ukraine lasts. FED is causing recession. Some countries experienced 300 percent yearly inflation and 6 percent yearly growth. Brazil for example. The main problem is that the poor are mostly affected by rising prices.
The more you have to go up on prices the less work you get.
What a clownshow of a panel this is, Josh Brown & Guy Adami tell it like it is. Cramer asp needs to go!
You are out of reality when if you think we can afford this. Between gas, food and rent I’m paying over 1000 dlls more now than las year. I work 12 hours a day. Should I work 20 hours instead??? The economy is very bad let’s face it.
First 2 guys are completely stupid, if they think small raises will cool this, or if they are only looking at inflation in a few areas. The rest are leaving out that what they are really saying is… recession. Lower inflation, without a job, is not a good outcome.
Also, you can tell who (does not) go shopping for anything, because it's easy to see how bad inflation is. I go to Home Depot quite a bit, and I can see prices of various items increase weekly. Not just food. Not just fuel. And wood has gone back up, but I am not talking about that. And just wait until fertilizer prices are baked into food prices. LoL. Stagflation is already starting, but the sheep are still sleeping.
Wow, there are way too many rich people in their bubbles commenting. Can someone please step out onto the street and see how regular people are doing?
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Liberal CNBC employees should check their 401ks lol sick how anyone could support a Biden !!!! Over 5 dollar a gallon imagine this was happening when Trump was in office
I would hang every evil politicians there are. They are the problems
be greedy when others are fearful – old country warren buffet
May 29th ?
All I can think about is Goxx, the hamster that was more succesful predicting crypto trades than almost any human. I think if Goxx was alive today, he would put all of these 'experts' to shame.