Inflation And The Wonderful, Delightful, Good, Very Great Report

Discussion in 'Politics' started by CoinOKC, Dec 18, 2025.

  1. CoinOKC
    Fiendish

    CoinOKC T R U M P

    Spin it any way you want, liberals. The fact is that a drop in inflation is good news. Strike that, it's GREAT news!
    [​IMG]Harvard economist says Trump inflation report leaves ‘no other way to spin it’ but good news

    November inflation falls under 3%, beating economist expectations

    December 18, 2025

    A Harvard economist said the latest inflation report delivered unexpectedly strong results, calling it "positive news" with virtually no negative spin to it.

    "There's no other way to spin it," Ken Rogoff told "CNN’s News Central" on Thursday.

    The stronger-than-expected report arrives as the White House faces continued scrutiny over the pace of the economic recovery. On Thursday, the Labor Department reported that inflation eased to 2.7% in November 2025, down from 3% in September 2025.

    During a primetime address on Wednesday, Trump addressed economic concerns and criticized his predecessor’s handling of the issue. The president argued his administration turned the economy around after inheriting significant challenges from the Biden administration.

    "Here at home, we’re bringing our economy back from the brink of ruin," Trump said.

    "The last administration and their allies in Congress looted our Treasury for trillions of dollars, driving up prices and everything at levels never seen before. I am bringing those high prices down and bringing them down very fast," he added.

    On CNN, Rogoff said the drop in inflation was larger than many economists anticipated.

    "I was surprised, it was a better number than anyone was expecting. Look, inflation’s been very high. It’s stayed high. It has not been coming down," he said.

    "People were expecting it to be above 3%. It was well below 3%. I mean, I think the president will take this as good news. The investors will think that interest rates [will] get cut more," Rogoff said.

    During his address, Trump also announced "Warrior Dividends," stipends that will be sent to all active-duty military members in honor of the nation’s 250th anniversary.

    Despite the encouraging inflation data, signs of economic strain remain. The U.S. unemployment rate rose to 4.6% in November 2025, its highest level since 2021.

    https://www.foxnews.com/media/harva...-report-leaves-no-other-way-spin-it-good-news
     
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  2. toughcoins

    toughcoins Rarely is the liberal viewpoint tainted by realism

    Liberals seem to know far too little of macroeconomics . . . they know 2 things that I can think of:
    1. How to create inflation (albeit unwittingly), and
    2. That it is "transitory"
     
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  3. John Kamps
    Busy

    John Kamps Well-Known Member

    You know.....
    Who started "inflation/ debasement of US Dollar"
    FDR in 1933.
    The idiot decided to melt down all the 1933 Double Eagles, struck under Hoover and force people to adopt paper $1/$5/$10/$20/ $50/$100/$500/$1000/ $5000/$10000 bills. Before you could walk into any bank and demand 5 Double Eagle for your "C" note, or 50 for a "M" note.....
    The first Double Eagle was struck (pattern) in 1849/ reg. issues started in 1850.
    From 1850 - 1933 the US Dollar was stable, $20= 1 oz gold.
    In 1877 Congress rejected a new coinage Unions and half unions ($100 & $50) gold coins 5oz and 2 1/2 oz. what a great idea!
    I have a modern version of the Morgan 1877 Union.
    Trump wanted to peg greenback vs gold again, not so insane as experts stated. It would of course be terrible for me, since gold would be $110K an oz, making my hobby $$$$$$$$$$
    Of course FDR also imposed a law on US citizens, confiscation of their gold coins etc. One out of Stalins play book.
    Here is my 1876 Union restrike 5 oz gold. REAL $$$$$ b9beeddcd8754dc59c3268a37b74d511 (1).jpg
     
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  4. toughcoins

    toughcoins Rarely is the liberal viewpoint tainted by realism

    Now, that one's a heavyweight! . . . okay, so out come the Dad jokes :oops:.
     
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  5. John Kamps
    Busy

    John Kamps Well-Known Member

    Here is another heavy from Uganda . I won that 12 piece set for 800US from Stack auction. There are 5 gold (8oz) 7 silver 12oz.
    This 1000 Shiling= 40z 140g 14618_1000_schilling_uganda_c.jpg
     
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  6. toughcoins

    toughcoins Rarely is the liberal viewpoint tainted by realism

    That’s probably going back to when I had just barely started . . . Late 1960’s / early 1970’s?
     
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  7. John Kamps
    Busy

    John Kamps Well-Known Member

    Yes, I won that proof set from Stack's Bowers in 1987 for $856US:). I know a certain coin dealer here in Ottawa, who said to me, you should collect for fun, because coins are a poor investment. I agree on first point, second not so much.
    Here is ex. to prove my point.
    This AV Dukat 1633 K-B Kremnitz Mint struck for Holy Roman Emperor Ferdinand II (1619-37) Hungary
    Coin is FDC, I won it from Polish auction 2016 for in Zloty= $4100US
    In 2021 Slovakian auction, Macho & Chlopcik a lesser quality ex. hammered for 24K Euros! +fees 20%
    Next coin I won Sincona auction for 3800sfrcs in 2021
    it had a previous auction tag from 1936 Hirsch auction Berlin. It hammered for 25Reichmarks = $5US!!!!!!!
    In 2024 a similar ex sold for 6200sfrcs! 9abd7c4941789df2c02b4a9a4f13febb.jpg 8f03ca70cee77a51fe3e151aad50249c.jpg
     
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  8. John Kamps
    Busy

    John Kamps Well-Known Member

    It was 1987, showing how cheap gold was back then! Now, gold is $4400.
    However considering that Germany asked for its gold back decades ago, with US stalling.....you have to wonder? It was considered a conspiracy theory, that Fort Knox reserves are MIA. Trump should do a forensic audit. Chinese have tried to sell Tungsten gold plated bogus bulliono_O Germany really has second largest reserves, USA not sure. Meanwhile out in Putinland, Russia has sold off 75% of its reserves to keep economy afloat due to SMO.
    Gold should be worth more then a "fantasy BITCOIN"
     

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