Enjoy your higher interest rates

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Thumbpicker

Thumbpicker

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How's Trump working out now huh...

Is he going to have a little temper tanty at Warsh now and try and blame the Reserve bank?

What a wanker he is.
 
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High fuel prices do not cause inflation. I don't get why people are so retarded and spout this. They cause prices to rise but that is not devaluation if currency. This retardation of changing the definition from growth in money supply to just a blanket 'higher prices' was psyoped in the past 10 years.
Who gives a fucking shit about higher interest rates, do all the shitbag corporations that benefit from lower rates even need lower rates? They have just been awarded the greatest capital investment in history with all this AI dogshit.
 
Butthurt canadians in the wild with their useless opinions on American politics.
Opinions that nobody asked for.
 
Yes, high fuel prices do increase inflation. When crude oil and fuel costs go up, they push up the cost of living in both direct and indirect ways.

Direct Impacts
At the pump: Higher crude oil prices make gasoline and diesel immediately more expensive for everyday drivers. For example, recent spikes have pushed gasoline up significantly, accounting for a large portion of monthly consumer price index increases.

Travel costs: Airlines and other travel services quickly pass higher jet fuel and operational expenses onto consumers through costly airfares and tickets.

Indirect Impacts

Shipping and freight: Diesel is the core fuel used by trucks, trains, and cargo ships to move goods across the country. When diesel prices surge, shipping costs rise.

Supply chains: Higher transport and agricultural costs ripple through the production cycle. Businesses often pass these extra expenses down to shoppers via higher prices for food, clothing, and retail staples
 
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Yes, high fuel prices do increase inflation. When crude oil and fuel costs go up, they push up the cost of living in both direct and indirect ways.

Direct Impacts
At the pump: Higher crude oil prices make gasoline and diesel immediately more expensive for everyday drivers. For example, recent spikes have pushed gasoline up significantly, accounting for a large portion of monthly consumer price index increases.

Travel costs: Airlines and other travel services quickly pass higher jet fuel and operational expenses onto consumers through costly airfares and tickets.

Indirect Impacts

Shipping and freight: Diesel is the core fuel used by trucks, trains, and cargo ships to move goods across the country. When diesel prices surge, shipping costs rise.

Supply chains: Higher transport and agricultural costs ripple through the production cycle. Businesses often pass these extra expenses down to shoppers via higher prices for food, clothing, and retail staples
This is not what inflation means.
 
Yes, high fuel prices do increase inflation. When crude oil and fuel costs go up, they push up the cost of living in both direct and indirect ways.

Direct Impacts
At the pump: Higher crude oil prices make gasoline and diesel immediately more expensive for everyday drivers. For example, recent spikes have pushed gasoline up significantly, accounting for a large portion of monthly consumer price index increases.

Travel costs: Airlines and other travel services quickly pass higher jet fuel and operational expenses onto consumers through costly airfares and tickets.

Indirect Impacts

Shipping and freight: Diesel is the core fuel used by trucks, trains, and cargo ships to move goods across the country. When diesel prices surge, shipping costs rise.

Supply chains: Higher transport and agricultural costs ripple through the production cycle. Businesses often pass these extra expenses down to shoppers via higher prices for food, clothing, and retail staples
ChatGPT tell you that?
Have you ever thought for yourself before?
 

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