Forum Discussion
Reality_Check
Aug 03, 2022Nomad II
2112 wrote:
LOL, so, what am I missing? ding bat comment
How can this be a ding bat comment?
PButler provided a link. JimK called it click bait. PButler questions if the Federal Reserve's quarterly report is clickbait. He never provided a link to the Federal Reserve's quarterly report. He provided a link to a news group that extracted a single quote out of context from 1 of the 12 federal reserve banks, just as you did.
For some context, we buy practically EVERYTHING on our discover card and pay one bill a month. As an example, every other Friday we buy $50 of can goods and take it to our local pantry. A few months ago we had to up it to $60 to buy a similar amount. That's A 20% increase. Depending on which column this falls in the spreadsheet it can be identified as a 20% increase in debt.
So, you're claiming that the quote is out of context, and unless someone provides a 'link' (because apparently some of us are incapable of searching) or, provides the entire article, it's bogus? Using that as a base, I'm going to surmise that every single major news outlet is useless then. Because everything reported is 'partial' and 'out of context'. Bad Fox.
Welcome to the world of inflation...you explained that one really well with great virtue signaling included.
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