{"id":60358,"date":"2021-11-09T06:30:16","date_gmt":"2021-11-09T11:30:16","guid":{"rendered":"https:\/\/olduvai.ca\/?p=60358"},"modified":"2021-11-09T06:30:16","modified_gmt":"2021-11-09T11:30:16","slug":"msnbc-goes-full-clowntard-gaslights-that-inflation-is-a-good-thing-deletes-tweet-after-angry-backlash","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=60358","title":{"rendered":"MSNBC Goes Full Clowntard: Gaslights That Inflation Is A &#8220;Good Thing&#8221;, Deletes Tweet After Angry Backlash"},"content":{"rendered":"<header class=\"ArticleFull_header__11o5_\">\n<h3 class=\"ArticleFull_title__2cUI6\"><a href=\"https:\/\/www.zerohedge.com\/economics\/msnbc-goes-full-clowntard-claims-inflation-good-thing-families-struggle-soaring-prices\">MSNBC Goes Full Clowntard: Gaslights That Inflation Is A &#8220;Good Thing&#8221;, Deletes Tweet After Angry Backlash<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__38L44\">\n<div class=\"NodeContent_body__2clki NodeBody_container__1M6aJ\">\n<p>While millions of Americans are suffering from runaway, galloping inflation everywhere (to avoid the dreaded &#8220;H&#8221; word that\u00a0<a href=\"https:\/\/twitter.com\/jack\/status\/1451733913961783299?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1451733913961783299%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fpeter-schiff-twitter-ceo-jack-dorseys-hyperinflation-warning\">made Jack Dorsey\u00a0<\/a>every lib&#8217;s enemy #1) from the gas pump to the grocery store aisle &#8211; which of course affects low-income individuals the most,\u00a0<em><strong>MSNBC<\/strong><\/em><strong>\u00a0has gone up to bat for the Biden administration, deploying their best pretzel-logician to explain why all this inflation is literally &#8211; wait for it &#8211; good.<\/strong><\/p>\n<p>First, the\u00a0<a href=\"https:\/\/archive.md\/bEkba\">now-deleted<\/a>\u00a0tweet&#8230;<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/good%20thing.JPG?itok=vw5RPK2t\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/good%20thing.JPG?itok=vw5RPK2t\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/good%20thing.JPG?itok=vw5RPK2t\" alt=\"\" width=\"500\" height=\"439\" data-entity-type=\"file\" data-entity-uuid=\"10d95b3d-c52b-4a85-a3be-1a123fcf49dc\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<div class=\"Advert_desktop__1J5vD Advert_tablet__3QEBr Advert_mobile__1rlLc Advert_placement__1I4yb Advert_align__N0_fw\">\n<aside id=\"in-content-video\" class=\"Advert_verticallySpaced__wnPy3\" data-google-query-id=\"CJ267MuVi_QCFQz4hwodiwcCLw\">\n<div id=\"google_ads_iframe_\/21841313772,21778456762\/zerohedge\/in_content_video_0__container__\"><\/div>\n<\/aside>\n<\/div>\n<p>Nevermind that in September, a Kroger executive warned in that\u00a0<strong>grocery prices were\u00a0<a href=\"https:\/\/www.zerohedge.com\/markets\/one-largest-us-supermarket-chains-warns-inflation-about-impact-more-americans\">about to get nasty<\/a><\/strong>, and the company will be &#8220;passing along higher cost to the customer where it makes sense to do so.&#8221; Or that Nestle CFO Francois-Xavier Roger said blistering inflation would likely continue into next year &#8211; telling the crowd at a Barclays consumer staples conference:\u00a0<strong>&#8220;If we talk of 2022, it is likely that input cost inflation will be higher next year than this year.&#8221;<\/strong><\/p>\n<p>Or that Atlanta Fed President Raphael Bostic\u00a0<a href=\"https:\/\/www.reuters.com\/article\/usa-fed-bostic-inflation-idUSKBN2H21ON\">admitted<\/a>\u00a0last month that\u00a0<strong><em>inflation is not transitory (and even has a swear jar collecting dollar bills for every time some gaslighter utters the word &#8220;transitory&#8221;).<\/em><\/strong><\/p>\n<p>Or that\u00a0<strong>agricultural input costs from fertilizer to feed\u00a0<\/strong>have gone through the roof &#8211; thanks to\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/quite-alarming-uk-energy-crisis-sparks-fresh-chaos-food-suppliers\"><em>soaring natural gas prices<\/em><\/a>\u00a0of all things.<\/p>\n<p>Or labor shortages throughout the supply chain &#8211;\u00a0<strong>including\u00a0<a href=\"https:\/\/www.cnbc.com\/2021\/09\/28\/companies-need-more-workers-to-help-resolve-supply-chain-problems.html\">US ports<\/a>\u00a0and the\u00a0<a href=\"https:\/\/local21news.com\/news\/local\/how-a-truck-driver-shortage-is-stopping-grocery-stores-from-stocking-shelves\">trucking industry<\/a>\u00a0&#8211; including those who\u00a0<a href=\"https:\/\/www.newsnationnow.com\/health\/coronavirus\/some-truckers-chose-to-quit-instead-of-complying-with-federal-vaccine-mandate\/\">refuse to take<\/a>\u00a0the Covid-19 vaccine.<\/strong><\/p>\n<p>Or just read this from Bank of America:<\/p>\n<blockquote><p><strong>&#8220;Meanwhile on Main Street:\u00a0<\/strong>cost of living rising\u2026wages rising; food (coffee @ 7-year high, wheat @ 13-year high), energy (BofA forecast $120\/bbl Brent next 6 months), shelter (US rents up 9% YoY), wages annualizing 6% past 6 months; US core CPI currently 4.0% YoY, likely to be 5-6% spring&#8217;22.&#8221;<\/p><\/blockquote>\n<p>Nope. You see, the inflation we&#8217;re seeing today is a\u00a0<em>good thing<\/em>, according to MSNBC&#8217;s James Surowiecki, whose financial background is a Ph.D. in American history and being a writer at The Motley Fool and The New Yorker.<\/p>\n<p><a href=\"https:\/\/twitter.com\/zerohedge\/status\/1457820502110654465\" data-image-external-href=\"https:\/\/twitter.com\/zerohedge\/status\/1457820502110654465\" data-image-href=\"https:\/\/twitter.com\/zerohedge\/status\/1457820502110654465\" data-link-option=\"2\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/meme%20is%20complete.jpg?itok=O5ogi0NM\" alt=\"\" width=\"500\" height=\"809\" data-entity-type=\"file\" data-entity-uuid=\"511bb7b6-a2f5-4ae2-b0c2-0d9eff107217\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MSNBC Goes Full Clowntard: Gaslights That Inflation Is A &#8220;Good Thing&#8221;, Deletes Tweet After Angry Backlash While millions of Americans are suffering from runaway, galloping inflation everywhere (to avoid the dreaded &#8220;H&#8221; word that\u00a0made Jack Dorsey\u00a0every lib&#8217;s enemy #1) from the gas pump to the grocery store aisle &#8211; which of course affects low-income individuals [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[18518,426,8213,827,4318],"class_list":["post-60358","post","type-post","status-publish","format-standard","hentry","category-economics","tag-gaslighting","tag-inflation","tag-msnbc","tag-united-states","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60358"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60358\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}