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CNBC’s Santelli on Rising Inflation Numbers: ‘Holy Cow!’ — ‘Doesn’t Appear’ to Be Temporary
Breitbart ^ | 11/10/2021 | Trent Baker

Posted on 11/10/2021 8:51:33 AM PST by ChicagoConservative27

CNBC editor Rick Santelli on Wednesday reacted to the October Consumer Price Index, showing consumer prices rose at their fastest rate in decades.

Santelli pushed back against the notion that the inflation numbers were “temporary,” saying that “it doesn’t appear that way in the real world.” He warned that the “hot, hot, hot inflationary pressures” would be “very difficult for the fed to wash out of the system.

(Excerpt) Read more at breitbart.com ...


TOPICS: Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: anthonyfauci; biden; breitbart; cnbc; covidstooges; democrats; economy; failure; inflation; numbers; obamacare; ricksantelli; santelli; temporary; trentbaker; vaccinemandates
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But lets keep printing money....
1 posted on 11/10/2021 8:51:33 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Now Pelousy is raising concerns about the “carbon footprint” of the U.S. military around the world! Since when has that influenced military actions? She wants the mincing, tutu-wearing tranny U.S. “military” to now have to consider their carbon footprint before planning an action. Anything to eviscerate and render completely impotent our means to defend ourselves against foreign enemies. Talk about the enemies within!


2 posted on 11/10/2021 8:55:51 AM PST by EinNYC
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To: ChicagoConservative27

No excrement, Sherlock.


3 posted on 11/10/2021 8:57:52 AM PST by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: ChicagoConservative27

Anyone seen a billboard picturing President Trump with the saying “MISS ME YET?”.


4 posted on 11/10/2021 8:58:54 AM PST by existentially_kuffer
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To: ChicagoConservative27

Geniuses. Geniuses everywhere.


5 posted on 11/10/2021 9:01:32 AM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: ChicagoConservative27

That’s almost a duh.


6 posted on 11/10/2021 9:02:08 AM PST by Williams (Stop Tolerating The Intolerant)
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To: ChicagoConservative27

Santelli pushed back against the notion that the inflation numbers were “temporary,” saying that “it doesn’t appear that way in the real world.” He warned that the “hot, hot, hot inflationary pressures” would be “very difficult for the fed to wash out of the system.

The Fed caused it. They’re having a hard time acknowledging the poop on the floor is their own.


7 posted on 11/10/2021 9:03:12 AM PST by Flick Lives (The future is a quiet world)
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To: Seruzawa

Inflationary expectations take on a life on their own—something the “experts” are gonna have to learn the hard way.

Human panic will not fit into any economic model.


8 posted on 11/10/2021 9:04:37 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: ChicagoConservative27

It’s a permanent transient.


9 posted on 11/10/2021 9:18:12 AM PST by Steely Tom ([Voter Fraud] == [Civil War])
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To: ChicagoConservative27
"Holy cow!"

Isn't that anti-Hindu?
10 posted on 11/10/2021 9:18:26 AM PST by Steve_Seattle
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To: ChicagoConservative27

Inflation IS transitory — for the elites. They will barely notice it. The rest of are the ones who will suffer from it.


11 posted on 11/10/2021 9:20:16 AM PST by Starboard
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To: ChicagoConservative27

“Fear not Americans. As soon as the culling of the useless eaters is complete there will be more than enough resources for the ‘good people’ who fought to save Gaia!”


12 posted on 11/10/2021 9:22:39 AM PST by WMarshal ("Those who would give up essential liberty, to purchase a little temporary safety, deserve neither.")
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To: ChicagoConservative27

“Holy cow” is right, and many people believe the official numbers are too low. Anyone who shops at a grocery store regularly has seen prices jump higher with every visit. What’s more, most everyone knows the numbers are often fudged to suit the political needs of the party in power, then quietly revised up or down months later.


13 posted on 11/10/2021 9:32:27 AM PST by Blurb2350 (posted from my 1500-watt blow dryer)
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To: Starboard
Inflation IS transitory.

The Dims are using inflation to transition us from half-way socialist into full-blown communism.

14 posted on 11/10/2021 9:43:23 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

You are right about that, comrade.


15 posted on 11/10/2021 9:58:55 AM PST by Starboard
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To: ChicagoConservative27

The Fed is trapped with low interest rates. We are so screwed.


16 posted on 11/10/2021 10:02:10 AM PST by Freedom_Is_Not_Free (America -- July 4, 1776 to November 3, 2020 -- R.I.P.)
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To: EinNYC
Now Pelousy is raising concerns about the “carbon footprint” of the U.S. military around the world! Since when has that influenced military actions? She wants the mincing, tutu-wearing tranny U.S. “military” to now have to consider their carbon footprint before planning an action. Anything to eviscerate and render completely impotent our means to defend ourselves against foreign enemies. Talk about the enemies within!

A few years ago some environmental wacko Democrat actually proposed that the U.S. military submit environmental impact studies before even a battle could commence.

17 posted on 11/10/2021 10:02:35 AM PST by libertylover (Our biggest problem, by far, is that most of the media is hate & agenda driven, not truth driven.)
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To: ChicagoConservative27

Well, they weren’t wrong. The high inflation rate was transistory and has transitioned into even HIGHER rates.


18 posted on 11/10/2021 10:03:09 AM PST by Freedom_Is_Not_Free (America -- July 4, 1776 to November 3, 2020 -- R.I.P.)
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Stolen elections have consequences…


19 posted on 11/10/2021 10:14:57 AM PST by TnTnTn
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Gosh, y'think, Santelli?

20 posted on 11/10/2021 10:21:13 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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