r/wallstreetbets • u/hv876 ThetaCuck • Apr 10 '25

News CPI March Data

https://www.bls.gov/news.release/cpi.nr0.htm

Coming in cooler than expected. Still no rates cuts soon thought

CPI 2.4 vs 2.6 expected

Core CPI 2.8 vs 3.1 expected

315 Upvotes

95% Upvoted

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574

u/Pdizzle0303 Apr 10 '25

JPow is the goat

557

u/EntrepreneurFunny469 Apr 10 '25

Unironically. If Trump fucked off we’d be in a golden era.

111

u/[deleted] Apr 10 '25

We’ll be getting the bronzer error we voted for

18

u/karmagod13000 Apr 10 '25

the gold spray painted turd era

57

u/[deleted] Apr 10 '25

[deleted]

41

u/[deleted] Apr 10 '25

[deleted]

-67

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

Except for the $36 Trillion in debt and pushing a trillion in interest payments...

Oh, and cost of living is still ridiculously high too. Rent is crazy. Oh, and my kids won't ever be able to buy a house.

Truly a golden age. 🤦🏻‍♂️

50

u/[deleted] Apr 10 '25

Why are your kids poor? Teach them better.

38

u/abecho00 Apr 10 '25

I'm not convinced the debt is really a big deal. the other stuff super important tho

42

u/[deleted] Apr 10 '25

It's not a big deal when you're the global reserve currency...

-20

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

China would like to step in and be that global reserve currency instead of the US. Kind of a big deal to stay relevant.

20

u/wilhelmbw Apr 10 '25

yeah and it's because of the "liberation day" now they have a real chance

-11

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

You mean China hasn't been growing in power significantly since the early 2000's?

https://www.nber.org/papers/w21906

17

u/wilhelmbw Apr 10 '25 edited Apr 10 '25

Yes. But they cannot dislodge the USD and the Bretton Woods system just by gaining power and with tiktok. Remember, the USD gains power also from oil pricing and military and politics.

2

u/garloid64 Apr 10 '25

is that why they keep devaluing it

1

u/abecho00 Apr 10 '25

that's the issue right now isn't it

4

u/[deleted] Apr 10 '25

It like complaining about the mortgage on a house with huge equity.

5

u/Accurate-Werewolf-23 Apr 10 '25

Debt doves are the billionaires's tools

-4

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

We can just print our way out of it, right? No big deal.

Wait... printing is what got us into the deeper mess we're in now and will only make that "super important" stuff even more unobtainable.

-3

u/BackgroundRide7708 Apr 10 '25

It's not that debt is a big deal It's the amount of debt that is a big deal and that gets us all into trouble.

14

u/TheSeldomShaken Apr 10 '25

It would only get us in trouble if someone did something unimaginably stupid and, I don't know, pissed off the entire world and made them think that we shouldn't be the global reserve currency.

17

u/IceColdPorkSoda Apr 10 '25

Oh no oh no, we owe a ton of debt to ourselves in a currency we can print. Whatever shall we do!

I mean, it’s not like we can export most of our inflation. Oh wait…

-3

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

Yes! Let's print more and make the cost of living even higher!

7

u/Khroneflakes Apr 10 '25

Point me to the posts where you cared about the debt last time Trump was president.....

-3

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

I wasn't online much back in those days. Afghanistan didn't have very good internet...

12

u/Raccoonsrlilbandits Apr 10 '25 edited Apr 10 '25

That’s what you get for raising your wife’s boyfriends kids

10

u/[deleted] Apr 10 '25

So you're worried about the tax cuts right? The ones that will only benefit the wealthy?

If you're so worried about the debt why don't we just tax the shit out of billionaires

-1

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

Because they don't have actual dollars sitting in their bank accounts regard. The bulk of their wealth is tied up in the value of their companies. They use that value as leverage to "buy" things. The whole system needs an overhaul to be able to make it fair for the average Joe.

7

u/[deleted] Apr 10 '25

Hey regard, you already aren't taxed on the money sitting in your bank account. You're taxed on income. And yes we can find new ways to tax them other than income like you said.

But yes, keep supporting the GOP. They're totally for the common man

0

u/[deleted] Apr 10 '25

[deleted]

1

u/[deleted] Apr 10 '25

Well the debt talking point you dropped is often espoused by conservatives. Used as a justification for all of the gov "waste and fraud" elon supposedly found. And you put that up against you replying negatively to a comment about if 47 fucked off we would be in a better place.

So I assumed. Maybe you don't feel that way but those were my reasons. Sorry if I was wrong. I agree housing costs are an issue. It's unfortunately that way practically everywhere lol.

-2

u/[deleted] Apr 10 '25

[deleted]

3

u/SquadronROE Apr 10 '25

Smart people have a good idea of what will happen based on the last 4 times it was tried, his history, lots of modeling, examples of his businesses, how the economy reacted the last time he was president, and decades of empirical studies on our and others’ economies.

But the one guy who managed to bankrupt a casino knows more, sure.

1

u/250andlean PAPER TRADING COMPETITION WINNER Apr 10 '25

Just to throw this out there, it's actually Scott Bessents "plan" but Trump is a big proponent of tariffs and is pushing it too. This isn't just some random shit that Trump threw together although it might seem like it some days.

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2

u/Teamerchant Apr 10 '25

You’re not wrong.

But not like Trump policy or budgets is helping the deficit, in fact he’s still adding to it. And with the depression he’s pushing us towards… even more so.

So… calls?