• The Real Scoop on Inflation

    From Paul Popinjay@21:1/5 to All on Mon Feb 20 15:36:47 2023
    This is a 13 minute clip where Peter Schiff explains what the inflation picture really looks like, and why BillBlab is a fucking idiot.

    https://www.youtube.com/watch?v=TYZ-k3AFJIM

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Paul Popinjay on Mon Feb 20 20:09:55 2023
    On Monday, February 20, 2023 at 3:36:51 PM UTC-8, Paul Popinjay wrote:
    This is a 13 minute clip where Peter Schiff explains what the inflation picture really looks like, and why BillBlab is a fucking idiot.

    https://www.youtube.com/watch?v=TYZ-k3AFJIM

    Schiff has been wrong about everything for 15 years. In 2012 he was predicting $5000 gold, a collapsing dollar index (50%+ reduction), and hyperinflation within a few years. When none of that happened and he was challenged on it, he said give it a couple
    more years. Still never happened. Here is how his heavily marketed EPIVX fund (essentially betting against the US economy) has performed in the last thirteen years (spoiler alert: bupkis): https://www.cnbc.com/quotes/EPIVX/

    That is during a period when the Dow has gone from 11,000 to 34,000. In other words, if you listened to Peter Schiff you got your ass handed to you in opportunity cost. Meanwhile, any grandma who shuffled down to her neighborhood bank an invested in a
    simple and conservative Dow index fund tripled her money. The man has made a massive fortune scaring gullible people (much like you) into investing with him. That's his schtick. And the economic collapse is always right around the next corner. Or the
    next one. Well, maybe the one after that....hell, who knows, but it's coming for sure!!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From risky biz@21:1/5 to BillB on Mon Feb 20 20:51:27 2023
    ~ On Monday, February 20, 2023 at 8:09:59 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 3:36:51 PM UTC-8, Paul Popinjay wrote:
    This is a 13 minute clip where Peter Schiff explains what the inflation picture really looks like, and why BillBlab is a fucking idiot.

    https://www.youtube.com/watch?v=TYZ-k3AFJIM


    ~ Schiff has been wrong about everything for 15 years.


    Typically, you don't know WTF you're talking about, Blabbermouth.

    While almost not a single macroeconomist foresaw the economic crisis of 2007 - 2010 Peter Schiff forecast it in August 2006 and even correctly asserted that it would begin in 2007.

    Nearly all financial journals applied criticism of him following his 2006 forecast that was similar to your current ignorant criticism of him which is just a dumb repetition of a Google search you did a few minutes before your post. Those financial
    joturnals had to later eat crow and admit that his forecast was surprisingly accurate.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to risky biz on Mon Feb 20 21:00:33 2023
    On Monday, February 20, 2023 at 8:51:44 PM UTC-8, risky biz wrote:
    ~ On Monday, February 20, 2023 at 8:09:59 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 3:36:51 PM UTC-8, Paul Popinjay wrote:
    This is a 13 minute clip where Peter Schiff explains what the inflation picture really looks like, and why BillBlab is a fucking idiot.

    https://www.youtube.com/watch?v=TYZ-k3AFJIM
    ~ Schiff has been wrong about everything for 15 years.


    Typically, you don't know WTF you're talking about, Blabbermouth.

    While almost not a single macroeconomist foresaw the economic crisis of 2007 - 2010 Peter Schiff forecast it in August 2006 and even correctly asserted that it would begin in 2007.

    Nearly all financial journals applied criticism of him following his 2006 forecast that was similar to your current ignorant criticism of him which is just a dumb repetition of a Google search you did a few minutes before your post. Those financial
    joturnals had to later eat crow and admit that his forecast was surprisingly accurate.

    I showed you the results of his EPIVX fund over the last thirteen years (sorry, but the chart doesn't lie), and I told you about the ridiculous doomsday predictions he made throughout the 2010s that people lost their ass falling for. I don't know if he
    predicted the real estate crisis in 2008 (you have to show me contemporaneous quotes rather than revisionist history), but I know I predicted it. If you are CONSTANTLY predicting sharp downturns over decades you are bound to be be right once or twice.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From risky biz@21:1/5 to BillB on Mon Feb 20 21:17:47 2023
    On Monday, February 20, 2023 at 9:00:37 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 8:51:44 PM UTC-8, risky biz wrote:
    ~ On Monday, February 20, 2023 at 8:09:59 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 3:36:51 PM UTC-8, Paul Popinjay wrote:
    This is a 13 minute clip where Peter Schiff explains what the inflation picture really looks like, and why BillBlab is a fucking idiot.

    https://www.youtube.com/watch?v=TYZ-k3AFJIM
    ~ Schiff has been wrong about everything for 15 years.


    Typically, you don't know WTF you're talking about, Blabbermouth.

    While almost not a single macroeconomist foresaw the economic crisis of 2007 - 2010 Peter Schiff forecast it in August 2006 and even correctly asserted that it would begin in 2007.

    Nearly all financial journals applied criticism of him following his 2006 forecast that was similar to your current ignorant criticism of him which is just a dumb repetition of a Google search you did a few minutes before your post. Those financial
    joturnals had to later eat crow and admit that his forecast was surprisingly accurate.

    I showed you the results of his EPIVX fund over the last thirteen years (sorry, but the chart doesn't lie), and I told you about the ridiculous doomsday predictions he made throughout the 2010s that people lost their ass falling for.


    ~ I don't know if he predicted the real estate crisis in 2008 (you have to show me contemporaneous quotes rather than revisionist history),


    In other words, just as I said, you don't know WTF you're talking about. It's well known that Peter Schiff forecast in advance the 2007 - 2010 financial crisis and was ridiculed for it.

    Here's a contemporaneous quote for you: 'Schiff has been wrong about everything for 15 years.'

    Great job displaying your ignorance.


    ~ but I know I predicted it.


    Oh, yeah, sure. Just like you predicted 5% - 7% 'inflation. Will you EVER stop lying about that?




    If you are CONSTANTLY predicting sharp downturns over decades you are bound to be be right once or twice.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to risky biz on Mon Feb 20 22:24:56 2023
    On Monday, February 20, 2023 at 9:17:51 PM UTC-8, risky biz wrote:
    On Monday, February 20, 2023 at 9:00:37 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 8:51:44 PM UTC-8, risky biz wrote:
    ~ On Monday, February 20, 2023 at 8:09:59 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 3:36:51 PM UTC-8, Paul Popinjay wrote:
    This is a 13 minute clip where Peter Schiff explains what the inflation picture really looks like, and why BillBlab is a fucking idiot.

    https://www.youtube.com/watch?v=TYZ-k3AFJIM
    ~ Schiff has been wrong about everything for 15 years.


    Typically, you don't know WTF you're talking about, Blabbermouth.

    While almost not a single macroeconomist foresaw the economic crisis of 2007 - 2010 Peter Schiff forecast it in August 2006 and even correctly asserted that it would begin in 2007.

    Nearly all financial journals applied criticism of him following his 2006 forecast that was similar to your current ignorant criticism of him which is just a dumb repetition of a Google search you did a few minutes before your post. Those financial
    joturnals had to later eat crow and admit that his forecast was surprisingly accurate.

    I showed you the results of his EPIVX fund over the last thirteen years (sorry, but the chart doesn't lie), and I told you about the ridiculous doomsday predictions he made throughout the 2010s that people lost their ass falling for.
    ~ I don't know if he predicted the real estate crisis in 2008 (you have to show me contemporaneous quotes rather than revisionist history),


    In other words, just as I said, you don't know WTF you're talking about. It's well known that Peter Schiff forecast in advance the 2007 - 2010 financial crisis and was ridiculed for it.

    So no quotes. as I suspected.

    Here's a contemporaneous quote for you: 'Schiff has been wrong about everything for 15 years.'

    Great job displaying your ignorance.

    I showed you the chart. I told you the specific predictions he made. Did gold go to $5000/oz? Did the dollar index collapse at least 50%? Was there hyperinflation? at least 12 fucking years running he has been pushing this crap.


    ~ but I know I predicted it.


    Oh, yeah, sure. Just like you predicted 5% - 7% 'inflation. Will you EVER stop lying about that?

    I said I thought it would be 5% for fiscal 2021 although I did say on ONE occasion (just to make the point that hyperinflation was NOT going to happen) it would "probably" be 3.5% for fiscal 2021 based on the Fed forecast or on a consensus on an upcoming
    Fed forecast that had just come out. I also said something to the effect that I could fathom it going as high as 7%, though it was very clear I thought that was the very tail end of the probability curve. I think it came in at 5.4% for fiscal 2021.

    What does that have to do with me predicting the real estate crash and great recession of the late 2000s?

    If you are CONSTANTLY predicting sharp downturns over decades you are bound to be be right once or twice.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to BillB on Tue Feb 21 08:09:15 2023
    On 2/21/2023 12:24 AM, BillB wrote:
    On Monday, February 20, 2023 at 9:17:51 PM UTC-8, risky biz wrote:
    On Monday, February 20, 2023 at 9:00:37 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 8:51:44 PM UTC-8, risky biz wrote:
    ~ On Monday, February 20, 2023 at 8:09:59 PM UTC-8, BillB wrote:
    On Monday, February 20, 2023 at 3:36:51 PM UTC-8, Paul Popinjay wrote: >>>>>> This is a 13 minute clip where Peter Schiff explains what the inflation picture really looks like, and why BillBlab is a fucking idiot.

    https://www.youtube.com/watch?v=TYZ-k3AFJIM
    ~ Schiff has been wrong about everything for 15 years.


    Typically, you don't know WTF you're talking about, Blabbermouth.

    While almost not a single macroeconomist foresaw the economic crisis of 2007 - 2010 Peter Schiff forecast it in August 2006 and even correctly asserted that it would begin in 2007.

    Nearly all financial journals applied criticism of him following his 2006 forecast that was similar to your current ignorant criticism of him which is just a dumb repetition of a Google search you did a few minutes before your post. Those financial
    joturnals had to later eat crow and admit that his forecast was surprisingly accurate.

    I showed you the results of his EPIVX fund over the last thirteen years (sorry, but the chart doesn't lie), and I told you about the ridiculous doomsday predictions he made throughout the 2010s that people lost their ass falling for.
    ~ I don't know if he predicted the real estate crisis in 2008 (you have to show me contemporaneous quotes rather than revisionist history),


    In other words, just as I said, you don't know WTF you're talking about. It's well known that Peter Schiff forecast in advance the 2007 - 2010 financial crisis and was ridiculed for it.

    So no quotes. as I suspected.

    Here's a contemporaneous quote for you: 'Schiff has been wrong about everything for 15 years.'

    Great job displaying your ignorance.

    I showed you the chart. I told you the specific predictions he made. Did gold go to $5000/oz? Did the dollar index collapse at least 50%? Was there hyperinflation? at least 12 fucking years running he has been pushing this crap.


    ~ but I know I predicted it.


    Oh, yeah, sure. Just like you predicted 5% - 7% 'inflation. Will you EVER stop lying about that?

    I said I thought it would be 5% for fiscal 2021 although I did say on ONE occasion (just to make the point that hyperinflation was NOT going to happen) it would "probably" be 3.5% for fiscal 2021 based on the Fed forecast or on a consensus on an
    upcoming Fed forecast that had just come out. I also said something to the effect that I could fathom it going as high as 7%, though it was very clear I thought that was the very tail end of the probability curve. I think it came in at 5.4% for fiscal
    2021.

    What does that have to do with me predicting the real estate crash and great recession of the late 2000s?

    If you are CONSTANTLY predicting sharp downturns over decades you are bound to be be right once or twice.

    Ignore, dodge and run ... you are a piece of cheese, blab on

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From risky biz@21:1/5 to BillB on Wed Feb 22 11:18:18 2023
    ~ On Monday, February 20, 2023 at 10:24:59 PM UTC-8, BillB wrote:

    Oh, yeah, sure. Just like you predicted 5% - 7% 'inflation. Will you EVER stop lying about that?

    ~ I said I thought it would be 5% for fiscal 2021 although I did say on ONE occasion (just to make the point that hyperinflation was NOT going to happen) it would "probably" be 3.5% for fiscal 2021 based on the Fed forecast or on a consensus on an
    upcoming Fed forecast that had just come out. I also said something to the effect that I could fathom it going as high as 7%, though it was very clear I thought that was the very tail end of the probability curve. I think it came in at 5.4% for fiscal
    2021.


    'I also said something to the effect that' LOL. What an f'n worm. You didn't 'predict' 5% until it was already 5%. The CPI blew through all your constantly upward revised 'predictions' and hit the high 8s-low9s.

    You have also repeatedly lied that you 'predicted' 5% 'inflation' in 2020. Where is the link to the quote? Surely you can your own words if you can find Bea's address and the name of her partner.


    BillBlabbermouth LYING and BACKING UP HARD:

    Blabbermouth, 11/28/21: 'Yes, I did. I offered to show you the quote, remember? You ran away as expected. I did say I thought 5% was more likely.'

    Blabbermouth, 11/16/21: 'And yes, I did predict 5-7% inflation this year. If I go to the trouble of showing you the quote will you freely admit you are a complete fucking moron and an economic illiterate? Or will you try to weasel out again?'
    https://groups.google.com/g/rec.gambling.poker/c/YQHCYK2wSuM/m/rKT0fmHOAwAJ

    Blabbermouth, 11/16/21: 'I said 5-7%. You aren't man enough to admit the truth. You are a cowardly worm.'
    https://groups.google.com/g/rec.gambling.poker/c/Tw__2LfsnWI/m/Yto9qaGcAwAJ

    Blabbermouth, grasping for cover, 11/15/21:'Trump's $8 trillion in debt and record smashing spending certainly added to inflationary pressure.'
    https://groups.google.com/g/rec.gambling.poker/c/xWW1VhSmWU0/m/8oxNapFxAwAJ

    risky biz, 11/15/21: 'I don't believe that you 'predicted' (your term for repeating what you see in the news media) short-term 5-7% inflation. Produce the quote. I think you're 'adjusting' what you said to fit the 6%+ we're seeing now.

    Blabbermouth response to above: 'You can "believe" any fucking thing you want. People who read my posts know what I said, I don't lie. You haven't figured that out by now? lol'
    https://groups.google.com/g/rec.gambling.poker/c/XPCQrTKH2G8/m/njofzpxoAwAJ

    Blabbermouth, 11/15/21: 'I am the one who predicted short-term 5-7% inflation. I was spot on, like usual.'
    https://groups.google.com/g/rec.gambling.poker/c/XPCQrTKH2G8/m/D18ocQtPAwAJ

    ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️
    Below is what Blabbermouth 'predicted' (which means he repeated what he saw in the news media). LOL. He started at 3.5%. NEVER got to '5-7%'.

    Yes, that's right - he was LYING on 11/15/21 and 11/16/21. Does anyone find that out of character for BillBlabbermouth?

    Reference: 👉 Inflation Rate 8.50 percent Mar 2022 https://tradingeconomics.com/united-states/consumer-price-index-cpi

    Blabbermouth, 8/13/21:'I predicted inflation would reach about 5% .. It's a truth you apparently can't deal with.'
    https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/fjsDx9lfBAAJ

    Blabbermouth, 8/12/21: 'Inflation at the end of July was 5.4% annualized. I predicted last year it would reach somewhere around 5%.'
    https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/rSrlkGT3AwAJ

    'I predicted short-term inflation around 5%' https://groups.google.com/g/rec.gambling.poker/c/sHLBmUJFaA0/m/nJd-Z-ozBAAJ

    Blabbermouth, 8/12/21: 'I"M the one who predicted the 5% inflation' https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/-K9DybUxBAAJ

    Blabbermouth, 8/12/21: 'I have never lied about anything, and anyone who has accused me of lying has been thoroughly humiliated.'
    https://groups.google.com/g/rec.gambling.poker/c/UItdrXDE3wc/m/vsK-_DNIBwAJ

    Blabbermouth, 7/14/21:'5.4% annualized. Pretty damn close to what I predicted last year, wouldn't you say?'
    https://groups.google.com/g/rec.gambling.poker/c/OdClQJfJeJ8/m/SZemwoXFAQAJ

    Blabbermouth, 6/16/21: 'Fed raises inflation expectations!! ....to 3.5% (just a hair short of "hyperinflation"). Powell also said the committee reiterates that the recent rise in inflation is transitory.'
    https://groups.google.com/g/rec.gambling.poker/c/3y3Mn0U5xno/m/R82yEcWzBAAJ

    Blabbermouth, 6/16/21: 'I'm the one who predicted 5% inflation.' https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/RMerYzRRAwAJ

    Blabbermouth, 6/11/21: 'Predicting the future is always a game, one I've been proven to be quite good at.'
    https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/B7zHR-t9AwAJ

    Blabbermouth, 6/11/21: 'It's 5%, just like I told you it would be.' https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/EHmbrbuJAwAJ

    Blabbermouth, 6/10/21: 'You might recall last year I predicted that inflation would probably top out at about 5%, and here we are.'
    https://groups.google.com/g/rec.gambling.poker/c/TDPV4aRaggk/m/2Kx55dc6AwAJ

    Blabbermouth, 6/10/21: 'Last year I predicted that inflation would probably climb to about 5%'
    https://groups.google.com/g/rec.gambling.poker/c/TDPV4aRaggk/m/n9JbsmZRAwAJ

    Blabbermouth, 5/13/21: 'The inflation rate for fiscal 2021 will likely be about 3.5%, but even if it were 5%, that's a far, far cry from the hyperinflation popinjay is talking about.
    https://groups.google.com/g/rec.gambling.poker/c/ofacWfgYXwM/m/DeAvmFL-AwAJ


    What does that have to do with me predicting the real estate crash and great recession of the late 2000s?
    If you are CONSTANTLY predicting sharp downturns over decades you are bound to be be right once or twice.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to risky biz on Wed Feb 22 11:52:45 2023
    On Wednesday, February 22, 2023 at 11:18:22 AM UTC-8, risky biz wrote:
    ~ On Monday, February 20, 2023 at 10:24:59 PM UTC-8, BillB wrote:

    Oh, yeah, sure. Just like you predicted 5% - 7% 'inflation. Will you EVER stop lying about that?
    ~ I said I thought it would be 5% for fiscal 2021 although I did say on ONE occasion (just to make the point that hyperinflation was NOT going to happen) it would "probably" be 3.5% for fiscal 2021 based on the Fed forecast or on a consensus on an
    upcoming Fed forecast that had just come out. I also said something to the effect that I could fathom it going as high as 7%, though it was very clear I thought that was the very tail end of the probability curve. I think it came in at 5.4% for fiscal
    2021.


    'I also said something to the effect that' LOL. What an f'n worm. You didn't 'predict' 5% until it was already 5%. The CPI blew through all your constantly upward revised 'predictions' and hit the high 8s-low9s.

    You have also repeatedly lied that you 'predicted' 5% 'inflation' in 2020. Where is the link to the quote? Surely you can your own words if you can find Bea's address and the name of her partner.


    BillBlabbermouth LYING and BACKING UP HARD:

    Blabbermouth, 11/28/21: 'Yes, I did. I offered to show you the quote, remember? You ran away as expected. I did say I thought 5% was more likely.'

    Blabbermouth, 11/16/21: 'And yes, I did predict 5-7% inflation this year. If I go to the trouble of showing you the quote will you freely admit you are a complete fucking moron and an economic illiterate? Or will you try to weasel out again?'
    https://groups.google.com/g/rec.gambling.poker/c/YQHCYK2wSuM/m/rKT0fmHOAwAJ

    Blabbermouth, 11/16/21: 'I said 5-7%. You aren't man enough to admit the truth. You are a cowardly worm.'
    https://groups.google.com/g/rec.gambling.poker/c/Tw__2LfsnWI/m/Yto9qaGcAwAJ

    Blabbermouth, grasping for cover, 11/15/21:'Trump's $8 trillion in debt and record smashing spending certainly added to inflationary pressure.'
    https://groups.google.com/g/rec.gambling.poker/c/xWW1VhSmWU0/m/8oxNapFxAwAJ

    risky biz, 11/15/21: 'I don't believe that you 'predicted' (your term for repeating what you see in the news media) short-term 5-7% inflation. Produce the quote. I think you're 'adjusting' what you said to fit the 6%+ we're seeing now.

    Blabbermouth response to above: 'You can "believe" any fucking thing you want. People who read my posts know what I said, I don't lie. You haven't figured that out by now? lol'
    https://groups.google.com/g/rec.gambling.poker/c/XPCQrTKH2G8/m/njofzpxoAwAJ

    Blabbermouth, 11/15/21: 'I am the one who predicted short-term 5-7% inflation. I was spot on, like usual.'
    https://groups.google.com/g/rec.gambling.poker/c/XPCQrTKH2G8/m/D18ocQtPAwAJ

    ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ Below is what Blabbermouth 'predicted' (which means he repeated what he saw in the news media). LOL. He started at 3.5%. NEVER got to '5-7%'.

    Yes, that's right - he was LYING on 11/15/21 and 11/16/21. Does anyone find that out of character for BillBlabbermouth?

    Reference: 👉 Inflation Rate 8.50 percent Mar 2022 https://tradingeconomics.com/united-states/consumer-price-index-cpi

    Blabbermouth, 8/13/21:'I predicted inflation would reach about 5% .. It's a truth you apparently can't deal with.'
    https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/fjsDx9lfBAAJ

    Blabbermouth, 8/12/21: 'Inflation at the end of July was 5.4% annualized. I predicted last year it would reach somewhere around 5%.'
    https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/rSrlkGT3AwAJ

    'I predicted short-term inflation around 5%' https://groups.google.com/g/rec.gambling.poker/c/sHLBmUJFaA0/m/nJd-Z-ozBAAJ

    Blabbermouth, 8/12/21: 'I"M the one who predicted the 5% inflation' https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/-K9DybUxBAAJ

    Blabbermouth, 8/12/21: 'I have never lied about anything, and anyone who has accused me of lying has been thoroughly humiliated.'
    https://groups.google.com/g/rec.gambling.poker/c/UItdrXDE3wc/m/vsK-_DNIBwAJ

    Blabbermouth, 7/14/21:'5.4% annualized. Pretty damn close to what I predicted last year, wouldn't you say?'
    https://groups.google.com/g/rec.gambling.poker/c/OdClQJfJeJ8/m/SZemwoXFAQAJ

    Blabbermouth, 6/16/21: 'Fed raises inflation expectations!! ....to 3.5% (just a hair short of "hyperinflation"). Powell also said the committee reiterates that the recent rise in inflation is transitory.'
    https://groups.google.com/g/rec.gambling.poker/c/3y3Mn0U5xno/m/R82yEcWzBAAJ

    Blabbermouth, 6/16/21: 'I'm the one who predicted 5% inflation.' https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/RMerYzRRAwAJ

    Blabbermouth, 6/11/21: 'Predicting the future is always a game, one I've been proven to be quite good at.'
    https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/B7zHR-t9AwAJ

    Blabbermouth, 6/11/21: 'It's 5%, just like I told you it would be.' https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/EHmbrbuJAwAJ

    Blabbermouth, 6/10/21: 'You might recall last year I predicted that inflation would probably top out at about 5%, and here we are.'
    https://groups.google.com/g/rec.gambling.poker/c/TDPV4aRaggk/m/2Kx55dc6AwAJ

    Blabbermouth, 6/10/21: 'Last year I predicted that inflation would probably climb to about 5%'
    https://groups.google.com/g/rec.gambling.poker/c/TDPV4aRaggk/m/n9JbsmZRAwAJ

    Blabbermouth, 5/13/21: 'The inflation rate for fiscal 2021 will likely be about 3.5%, but even if it were 5%, that's a far, far cry from the hyperinflation popinjay is talking about.
    https://groups.google.com/g/rec.gambling.poker/c/ofacWfgYXwM/m/DeAvmFL-AwAJ
    What does that have to do with me predicting the real estate crash and great recession of the late 2000s?
    If you are CONSTANTLY predicting sharp downturns over decades you are bound to be be right once or twice.

    Thank you for confirming what I said it true. I mentioned the 3.5% figure (base of the Fed forecast) ONCE.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to BillB on Thu Feb 23 12:06:17 2023
    On 2/22/2023 1:52 PM, BillB wrote:
    On Wednesday, February 22, 2023 at 11:18:22 AM UTC-8, risky biz wrote:
    ~ On Monday, February 20, 2023 at 10:24:59 PM UTC-8, BillB wrote:

    Oh, yeah, sure. Just like you predicted 5% - 7% 'inflation. Will you EVER stop lying about that?
    ~ I said I thought it would be 5% for fiscal 2021 although I did say on ONE occasion (just to make the point that hyperinflation was NOT going to happen) it would "probably" be 3.5% for fiscal 2021 based on the Fed forecast or on a consensus on an
    upcoming Fed forecast that had just come out. I also said something to the effect that I could fathom it going as high as 7%, though it was very clear I thought that was the very tail end of the probability curve. I think it came in at 5.4% for fiscal
    2021.


    'I also said something to the effect that' LOL. What an f'n worm. You didn't 'predict' 5% until it was already 5%. The CPI blew through all your constantly upward revised 'predictions' and hit the high 8s-low9s.

    You have also repeatedly lied that you 'predicted' 5% 'inflation' in 2020. Where is the link to the quote? Surely you can your own words if you can find Bea's address and the name of her partner.


    BillBlabbermouth LYING and BACKING UP HARD:

    Blabbermouth, 11/28/21: 'Yes, I did. I offered to show you the quote, remember? You ran away as expected. I did say I thought 5% was more likely.'

    Blabbermouth, 11/16/21: 'And yes, I did predict 5-7% inflation this year. If I go to the trouble of showing you the quote will you freely admit you are a complete fucking moron and an economic illiterate? Or will you try to weasel out again?'
    https://groups.google.com/g/rec.gambling.poker/c/YQHCYK2wSuM/m/rKT0fmHOAwAJ >>
    Blabbermouth, 11/16/21: 'I said 5-7%. You aren't man enough to admit the truth. You are a cowardly worm.'
    https://groups.google.com/g/rec.gambling.poker/c/Tw__2LfsnWI/m/Yto9qaGcAwAJ >>
    Blabbermouth, grasping for cover, 11/15/21:'Trump's $8 trillion in debt and record smashing spending certainly added to inflationary pressure.'
    https://groups.google.com/g/rec.gambling.poker/c/xWW1VhSmWU0/m/8oxNapFxAwAJ >>
    risky biz, 11/15/21: 'I don't believe that you 'predicted' (your term for repeating what you see in the news media) short-term 5-7% inflation. Produce the quote. I think you're 'adjusting' what you said to fit the 6%+ we're seeing now.

    Blabbermouth response to above: 'You can "believe" any fucking thing you want. People who read my posts know what I said, I don't lie. You haven't figured that out by now? lol'
    https://groups.google.com/g/rec.gambling.poker/c/XPCQrTKH2G8/m/njofzpxoAwAJ >>
    Blabbermouth, 11/15/21: 'I am the one who predicted short-term 5-7% inflation. I was spot on, like usual.'
    https://groups.google.com/g/rec.gambling.poker/c/XPCQrTKH2G8/m/D18ocQtPAwAJ >>
    ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ >> Below is what Blabbermouth 'predicted' (which means he repeated what he saw in the news media). LOL. He started at 3.5%. NEVER got to '5-7%'.

    Yes, that's right - he was LYING on 11/15/21 and 11/16/21. Does anyone find that out of character for BillBlabbermouth?

    Reference: 👉 Inflation Rate 8.50 percent Mar 2022
    https://tradingeconomics.com/united-states/consumer-price-index-cpi

    Blabbermouth, 8/13/21:'I predicted inflation would reach about 5% .. It's a truth you apparently can't deal with.'
    https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/fjsDx9lfBAAJ >>
    Blabbermouth, 8/12/21: 'Inflation at the end of July was 5.4% annualized. I predicted last year it would reach somewhere around 5%.'
    https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/rSrlkGT3AwAJ >>
    'I predicted short-term inflation around 5%'
    https://groups.google.com/g/rec.gambling.poker/c/sHLBmUJFaA0/m/nJd-Z-ozBAAJ >>
    Blabbermouth, 8/12/21: 'I"M the one who predicted the 5% inflation'
    https://groups.google.com/g/rec.gambling.poker/c/VwFCKrU3rOY/m/-K9DybUxBAAJ >>
    Blabbermouth, 8/12/21: 'I have never lied about anything, and anyone who has accused me of lying has been thoroughly humiliated.'
    https://groups.google.com/g/rec.gambling.poker/c/UItdrXDE3wc/m/vsK-_DNIBwAJ >>
    Blabbermouth, 7/14/21:'5.4% annualized. Pretty damn close to what I predicted last year, wouldn't you say?'
    https://groups.google.com/g/rec.gambling.poker/c/OdClQJfJeJ8/m/SZemwoXFAQAJ >>
    Blabbermouth, 6/16/21: 'Fed raises inflation expectations!! ....to 3.5% (just a hair short of "hyperinflation"). Powell also said the committee reiterates that the recent rise in inflation is transitory.'
    https://groups.google.com/g/rec.gambling.poker/c/3y3Mn0U5xno/m/R82yEcWzBAAJ >>
    Blabbermouth, 6/16/21: 'I'm the one who predicted 5% inflation.'
    https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/RMerYzRRAwAJ >>
    Blabbermouth, 6/11/21: 'Predicting the future is always a game, one I've been proven to be quite good at.'
    https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/B7zHR-t9AwAJ >>
    Blabbermouth, 6/11/21: 'It's 5%, just like I told you it would be.'
    https://groups.google.com/g/rec.gambling.poker/c/Bz7jzuAHYWM/m/EHmbrbuJAwAJ >>
    Blabbermouth, 6/10/21: 'You might recall last year I predicted that inflation would probably top out at about 5%, and here we are.'
    https://groups.google.com/g/rec.gambling.poker/c/TDPV4aRaggk/m/2Kx55dc6AwAJ >>
    Blabbermouth, 6/10/21: 'Last year I predicted that inflation would probably climb to about 5%'
    https://groups.google.com/g/rec.gambling.poker/c/TDPV4aRaggk/m/n9JbsmZRAwAJ >>
    Blabbermouth, 5/13/21: 'The inflation rate for fiscal 2021 will likely be about 3.5%, but even if it were 5%, that's a far, far cry from the hyperinflation popinjay is talking about.
    https://groups.google.com/g/rec.gambling.poker/c/ofacWfgYXwM/m/DeAvmFL-AwAJ >>> What does that have to do with me predicting the real estate crash and great recession of the late 2000s?
    If you are CONSTANTLY predicting sharp downturns over decades you are bound to be be right once or twice.

    Thank you for confirming what I said it true. I mentioned the 3.5% figure (base of the Fed forecast) ONCE.

    Flop ... blab




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