Once again, Sleepy Joe ran circles around the idiot right and utterly destroyed the stupid talking point that he’s unwell, demented, and catatonic (an accusation that’s really a description of Trump who sundowns daily at or before 3:30.)

He slyly tricked them into abandoning more tax cuts for the rich and their own plans for border security publicly, and easily showed their disastrous record on the economy.
Just like last year and the year before.
Reality just doesn’t enter that empty space between your ears.

The rebuttal was just nuts, smiling vapidly while predicting doom and gloom, and sounding like any second she would say “for just 52 cents a day you could save a MAGGOT. Your donation will supply them with flags, hats, and when needed, bail.” Not the best idea to use a senator who personally wrote the immigration bill then voted against it because Don said to not fix the issue under Biden. Not a great sign to women they put her barefoot in a kitchen, where you undeniably believe women belong. If the point was to appeal to women, it failed.

After completely failing to “live fact check” like he promised he would, Trump reacted like a 4 year old with clips of Biden using idiotic tic tok filters. A 5 year old would be embarrassed…not Trump or MAGA. Your bar is well below that of kindergartners.

Polling immediately before the speech gave Biden policies 45% approval, after it was above 62%.

Habba and Robert are both going to be disbarred for suborning perjury with Wiesselberg, who has now pleaded guilty to perjury in Trump’s business fraud case. I only hope they can be fined the extra $100 million Trump should have been fined for MORE CRIMINAL BUSINESS PRACTICES that were hidden and lied about during the trial….or that NY takes him back to court over them and more. He’s given them every reason to…and now he has no council (right before his litany of criminal trials start) and no lawyer worth a dime wants anything to do with him…why would they? They don’t get paid and as often as hot lose their law license and even see prison.
He paid the $91.6 million to Carroll today, but doesn’t have the $460 due in weeks, and the value of “his” properties is SEVERELY depressed compared to other similar non Trump properties….>30%….and never forget he doesn’t own most properties with his name on them, like Trump tower he only owns his apartment, the lobby, and the public restrooms, not the building. When you count his debts in full and only HIS assets, he’s almost certainly underwater. That’s why MarALago needs to be worth $1.8 billion instead of the $18 million he claimed on his taxes. He overvalues all his properties like that. There’s never been any PROOF that he’s a billionaire, only his flapping gums.
That’s probably why he replaced them as lead council for his appeal.
He really couldn’t have planned this worse. 😂

ROTFLMFAHS!
The numbers are what they are. Sales down. Prices down. Profits down. Value down. Demand down. Monopoly gone.
Grows at 45%??? Only if you start from the years when it was worth absolutely nothing. Last year they lost over 51% of their value, in the last 18 months they lost even more than 60%, and every metric of future success is looking bad for them today.

A few years ago they had almost 100% of the ev market, with better options just now coming on the market they are already at 50% and are in a market share freefall.

Like I mentioned, Forbes economists all expect further TESLA stock decline, one expects it to reach $25 a share, but you know better. (If profits hold, I say $50 is realistic).

You again pretend you didn’t know that the big 3 spent tens of billions tooling up for ev production lowering their profits while Tesla has drastically slowed expansion (boosting profits) since they can already produce more than twice what they can sell and because their operating capitol has evaporated…and still their profits are shrinking like a shrinkydink in a volcano. 11% buddy. Down to 11% profit margin AND SHRINKING.

Are you saying Tesla stock hasn’t tanked?!? WTF?!? Really, I’ve got to hear this.

Lowered prices why? Because they can’t sell the cars they built. Duh. Also because the large government rebates are ending, making the cars COST more for customers without a price change. You blame covid (which you say isn’t real) but Covid isn’t hurting other manufacturers like Tesla.
I’ve seen plenty of F150 ev’s around…but still no Tesla truck. I see more ev’s on the road from every OTHER manufacturer daily, but the number of Teslas I see has plateaued. I’m in Cali, so I see plenty of ev’s.

Derp. I said clearly I called the TESLA STOCK crash. I told you it was insanely overvalued with a PE near 200. I did not say the stock market would crash, although I did expect a recession late 2020 possibly becoming a depression in 21…Biden’s leadership avoided that. 😂 Your damaged brain can’t stay on topic for two seconds. Jeebus.
The market isn’t tanking, my investments have done well for the last two years…unlike under Trump when I lost money….hand over fist in 2020. But I didn’t put every dime I had in one insanely overpriced inflated bubble stock like you claim you did….of course the economy looks shitty, your stupid investment strategy guaranteed you would lose your shirt.

Truth is, yet again, you can’t follow a short conversation without bending yourself in pretzels and changing subjects. That’s ok, I don’t write these for you. You aren’t capable of comprehension. That’s quite clear.

Oops, did I say hundreds of millions…my mistake, so sorry…. Recent reports of Saudi Arabia agreeing to invest a billion dollars in Trump Treasury Secretary Steve Mnuchin's firm despite being a horrible, very bad, no good investment according to all of the prince’s financial advisors, and new reporting from the New York Times that Donald Trump's son-in-law Jared Kushner secured a two billion dollar investment from the Saudis despite lacking the qualifications to handle such an investment and his firm being worse than Mnuchin’s by every measure and a horrific investment in terrible real estate at insanely overvalued prices….now we know why Trump took their side over Quatar, and why he (and he bragged about this) saved the royal prince from any repercussions for ordering the dismembering while alive of an American citizen and member of the press in an outrageous act of brutality and murder.

Just one more case of Trump before (read “instead of”) country.

What was that about Hunter?! Some silly baseless rumors made up in
Giuliani’s pickled brain you want investigated? Sure, right after we get the criminals we have actual verified proof on, not just baseless partisan accusations.

All in on one stock is not smart investing. Not one bit. Never. Ask anyone who invested in the highly profitable Enron stock. You might get lucky, and you might lose everything.

S&P beat Tesla by over 10% last year. If you bought Tesla last November, you already lost 1/3 of your value.

S&P also doesn’t have the highest PE ratio of all large public companies trading today at >175. (20-25 are considered good PE ratios, over 30 is overvalued, under 15 is selling at a discount)
Bubbles burst. Just saying.

Uh oh. Now the bank and tax fraud surrounding the Trumps acquiring the lease for the DC hotel are under investigation. This time Ivanka is going down with Daddy, because she overvalued properties used to secure the loan bu 3 times, claiming things like her apartment with a for sale price of $8.5 million was worth 25 million, etc.
nothing new, just more Trump fraud, more Trump theft from America, banks, and the public.

This is you pick. This is you guy? Only makes sense if you’re an anti American Russian troll trying to damage America as much as possible.

Edit: D’oh! Pence’s lawyer, present at many meetings in the whitehouse discussing the coup plans, testified for over 9 hours to the Jan 6 commission. He has direct personal knowledge of exactly what the president’s involvement before, during, and after the attack against America for Trump was, and apparently has no qualms about talking about it. He didn’t plead the fifth like all Trump’s lackeys (which Trump says is proof of guilt except when he does it), he didn’t fight subpoenas (which Trump has said is proof of guilt….when it wasn’t him). He testified, with members coming out of the session calling him a patriot who cares about America, unlike many others they’ve subpoenaed and interrogated. A man who put country before a person. Not good for Tangerine Palpatine.

Delay tactics are failing, obstruction is failing, destruction of evidence is failing, hiding the forging of fraudulent certifications for fraudulent electors failed, hiding and denying direct Republican Party involvement has failed, denying individual involvement has failed, denial of the event has failed, abusing expired privileges to hide evidence has failed, whining and crying like spoiled children has failed, threatening prosecutors has failed. Whole lotta fail going on over there.

ROTFLMFAHS!!! Projection is absolutely the MO of the right, and of yourself. You’re trying to blame Covid on Biden, and accept zero blame for dismantling the office created to avoid exactly pandemics like this, no blame for not quarantining and letting it in the country after knowing how deadly it was, no blame for denying it’s existence, it’s danger, it’s virulence, it’s mortality rates, or for actively opposing any and all public health measures to minimize it…but now want to blame Biden for the outbreaks among morons that listen to antivaxing right wingers rather than Biden’s public health professionals.
You know there were hundreds of Republican plots to fraudulently vote or intentionally deny valid votes in the last election, yet with no evidence you still claim there was fraud on both sides (and imply there was far more from the left but still can’t show a single example), and despite all evidence to the contrary you still claim Democrats stole the election through fraud.
That’s called projection, Bob, blaming others for disasters and crimes you are actively causing. Derp.

Liar. There’s no way in hell you are even 100IQ. You have no reasoning or problem solving skills at all, zero verbal/English skills whatsoever, and you do not think like an an engineer, never methodically going step by step without glossing over the important bits and ignoring pertinent details….but we know you’re a proud liar already, one that applauds perjury. Test again. I think the mindset you’ve fostered in yourself for decades now has lowered it significantly if it was honestly ever above 100. I retested around 4 years ago for fun, scored one point higher than in school.

I’ve known engineers that weren’t all that intelligent….just not extremely successful ones. Dad owned an international high tech insulation company with dozens of engineers on the payroll. The less competent end up being maintenance techs and cleanup crews rather than R&D techs, designers, and inventors. Somebody has to load and drive the hazardous materials truck to the disposal site, somebody has to do maintenance on machines, somebody has to check dates on inventory to be certain chemicals don’t oxidize, etc, they don’t give those jobs to the best engineers.

What lockdowns? Biden just reportedly had the best job creation year in the nation’s history. Over 500000 jobs per month since he took office (and rapidly rising wages), how many jobs were lost under Trump? Estimates range from 10,000,000-18,000,000. Holy shit, you think that’s bad for Biden?!! Mental defectives with 75 IQ can see how wrong you are….but you can’t.

The tax cuts came in 2017, growth didn’t come until 2021, jobs didn’t come until 2021. It’s utterly ridiculous to try to claim the tax handouts for the wealthy had a thing to do with the economy getting better, especially since they expired for non billionaires before the upturn. I thought you just claimed to be intelligent. 🤦‍♂️

-3.5% Bob. Trump’s last year was -3.5% GDP growth. NEGATIVE.
Overall Trump managed 2.33, 3, 2.16, -3.49 =4% / 4years = 1% GDPY under Trump, who didn’t start in a major recession but left one. Lol! What’s that IQ again, buddy? Obama GDP > Trump GDP

It’s likely, because they never had a real majority thanks to 2 DINOs, so didn’t perform great, so many Trump era disastrous policies and appointees are still in place, and there’s no chance that’s going to change this term thanks to Democrats not actually having a majority. Sadly, too many morons won’t look at why there’s so little progress and just won’t vote, ensuring things won’t change and Republican obstructionism will rule the day. The party “in charge” always loses the midterm. What makes you think I don’t see that. I do not underestimate the stupidity of the American voter.

Lol. I notice you didn’t list any failures, and actually admitted some you listed last time are nonsense (now admitting “Biden economy is doing great” VS earlier claims “failed economy”). LMFAHS!
You get one talking head on CNN agreeing with you and one pro-Republican poll and suddenly you think everyone wants Trump back. You are so silly. When the polls don’t support you, you say they’re worthless, when they do, they’re gospel.
If Garland was doing his job and prosecuting senators and representatives, Democratic numbers would jump by double digits. It’s lack of action that’s losing them support. It’s certainly why I’m dissatisfied….but to assume that means most would vote Republican because they’re dissatisfied with Democrats performance is asinine, par for the course from you.

PE of 360 Bob. Anything over 25 is overpriced, over 100 is a bubble. Duh….again, you just claimed to be intelligent, but have repeatedly proven that false already. They made under 1 million cars last year out of around 75 million. Ford sold almost as many of one model, F150’s as Tesla sold of all models, and would have sold more if they had the chips to make more. They’re doing well, but are still a little minnow in a big pond, and if they lose their battery monopoly they’re toast. They aren’t the only, or even the best choice for electric cars anymore. If you think they won’t have competition, you’ve proven a lack of intelligence once again.

Summer time when you lost over 1/4 of your value overnight must have been scary. It won’t be the last time.

Good luck. In 5 years I expect they’ll be near worthless once more stable, more energy dense batteries are developed. I’m happy making more money from a diverse portfolio that’s not insanely overvalued.

Aaaahaha. Have you seen Eric's interview yesterday trying to defend Weisselberg? He's so dumb he actually publicly admitted the company paid him under the table and gave him millions in unreported perks and salary to avoid taxes....$3.5 million in unreported salary with cars, opulent houses, tuition for his family members totalling $359,058, etc. Eric doesn't think >$3.5 million hidden from the IRS is even an infraction....that's more than the average worker makes in their lifetime....Imagine if you fraudulently reported never making a dime your entire career, imagine if a Democrat did that....what should happen to such a criminal? What should happen to the business owner who organised the secret payments?

It makes one wonder how much Eric doesn't report if $3.5 million hidden from the IRS is nothing to him. He, Don jr, and Ivanka were all top level executives during Weisselberg's time there, and all received the same off the books compensation or more, and also had oversight over all these illicit secret payments just like Daddy....prosecutors have the secret record books, Weisselberg left them for his estranged daughter to find and turn over...that's where these charges come from, their own off the books records their crooked accountant kept at home. Expect them to be next, and do you really think they won't flip on Daddy to avoid prison? LMFAHS!

Hilariously he, in efforts to minimise these massive massive financial crimes, admitted his father personally paid Weisselberg's family's tuition as a company perk with personal checks signed by Don himself, indicating there's physical evidence of daddy's personal involvement in a long term tax fraud scheme that's not just felony tax fraud but grand larceny.

And we haven't even gotten to the bank frauds Trump's already publicly admitted to, overvaluing properties on loan forms, then undervaluing them on tax forms. He calls it good business and claims everyone does it, not tax and banking fraud that are serious felonies most people wouldn't even consider. It's sure going to be a fun couple of years watching the whole group go bankrupt and to prison.

Imagine if Clinton had done this...how many congressional investigations would we have had by now? Instead, Republicans don't even want to know what happened Jan 6, probably because any investigations will show their involvement in the failed coup, that's definitely how it looks. They certainly don't want to know about Trump's tax and bank frauds because a felon can't be president and they've got no one else.

@newtboy -
I like / agree with your take on each of the 4 issues, but 4 really is easier said than done.

Having skills and making yourself invaluable happens quite slowly over time, and only if the arbiter correctly recognizes that value. I think capitalism has such a stranglehold on modern life that minor variations in short term profit/loss potential get overvalued while major intangible things (or at least, less tangible in quarterly reports) get ignored.

And just in general, everybody needs a job or purpose, but we can't ALL stand out and be invaluable. Eagles may soar to great heights, but weasels don't get sucked into jet engines. Sometimes steady adequacy is, well, adequate.

Thinking that the world owes us happiness is a character flaw, but "checking out" by half-assing or phoning it in is a fairly rational response to a system that doesn't give a fuck about us as individuals, even those that DO go the extra mile. Fix the system (to the extent that it can be), and better results would follow.

QE certainly isn't perfect. Giving liquidity to banks in theory should give them an incentive to loan it out (they earn more by doing that rather than sitting on it or putting it in super safe assets like Treasuries). However, they have generally erred on the conservative tack, partly also because their capital requirements (how much cash/equity they have to sit on) was raised. Companies that have done well and not received bailouts have also hoarded cash rather than invest because of uncertainty around the economy.

Meanwhile stock market valuations have soared because of a lack of other assets to put it in. Many of these cash holdings from corporations and banks have been dumped in Treasuries. This has reduced the return from Treasuries to a miserable amount. Meanwhile commodity prices have also tanked. That pretty much left stocks, which are arguably now inflated in price (and historically overvalued) largely as a result of the QE money handed out to banks.

What oritteropo says is very correct, if any poor or middle class person had opened a brokerage account and dumped their money in an S&P or Nasdaq tracking fund at or near the bottom of the 2009 market, they would have tripled their money or more. The option was certainly available and affordable to anyone.

The problem was that there were arguably limited alternatives. What the Australian government here did, which was far more effective (and completely avoided any recession) is simply gave out cash to everyone. Unlike QE money which just sat around in safe assets this got spent (largely to pay off debts, but this would have to happen anyway and sped up a recovery).

The issue was, this was fiscal policy, and we could easily afford it because we had (and still have) very low debt levels. A country like the UK could not so easily do this, certainly not many of the troubled European countries. The US arguably could have because with the USD being such a crux global currency, there is virtually no chance it would have led to a currency crash or brought about serious worries about being able to service their debt levels (even if they are high).

@RedSky

It's not that speculative activity has "nothing" to do with supply and demand. Of course it does. I'm saying that once you get past that initial set of contracts between the initial speculator and the farmer/mill/bread company/whatever, you get further and further away from supply and demand as a factor. You get people who are betting on price swings for profit rather than someone actually providing a service. The video did a pretty good job of illustrating the see-saw effect this has on markets, which makes prices unstable.

This see-saw effect causes severe and sudden price spikes and dips as people pile on short sales or speculative buying. The point is, if the price for a good increases 71% in a short period of time without extreme supply issues, it's likely a speculative effect. Yes, the video could have done a better job of explaining why biofuels, certain supply shortages, etc, don't account for nearly all of the price increase, but I've heard that broken down elsewhere. I'll try to find a source.

Furthermore, large US investment banks have convinced sovereign wealth funds (think Saudi royal money type funds) to invest in US commodities markets in recent years.

http://www.washingtonpost.com/wp-dyn/content/article/2008/08/11/AR2008081102462.html
http://www.reuters.com/article/2009/02/24/us-commodities-sovereignwealth-idUSTRE51N28Z20090224

This is what these huge piles of money do to protect themselves. More recently, investors bought huge piles of Swiss Francs because it was the world's most stable currency. However, since such huge investment in the currency suddenly increased the value of the Franc, it caused Swiss exports to become more expensive. This started to destabilize their economy, as producers were having trouble keeping contracts with their buyers. So, the Swiss central bank started manipulating their currency value by offering to buy unlimited amounts of any foreign currency. They succeeded in dropping the Franc's value by around 10%. None of this activity had anything to do with supply or demand of Swiss goods...or goods anywhere for that matter. It was simply massive amounts of investment from a crowd mentality.

Same thing goes for the price of gold. It's just a giant hedge against inflation and/or price spikes in other markets...so you get these accumulations of money in "safe" areas, and that's how you get massive overvaluation of various goods and commodities (bubbles).

It's all due to the level of complexity. "Speculative activity" is a stabilizer when the number of speculators is low, but it has a destabilizing effect as the number of speculators increases.

The stock market is highly irrational. Why do you think the gov't has to prop the market with stimulus, etc.?

Are you seriously suggesting that when the market in 2008 lost half of its value in the span of a few months, only to gain most of it back over the next year, that's a rational market? Either the market was highly overvalued or undervalued at some point in time.

The Tea Partiers are crazy if they think that it's worth risking default instead of raising taxes. You're making it sound like Obama proposed tax increases, and the Tea Party proposed spending cuts. That's not true. Obama proposed both, and the Tea Party absolutely refused to even consider a meager tax raise on millionaires. That's ridiculous. The bottom line is it's impossible to argue that cutting spending and raising taxes would result in less deficit reduction than spending cuts alone would. A $4 trillion dollar deficit reduction plan was proposed by Obama, and the GOP shunted it in favor of a $2 trillion dollar one simply because the $2 trillion one didn't have any tax increases for the richest Americans.

Don't give me any of that BS about the Tea Party and the GOP wanting to lower the deficit, and that's what this whole thing is about. That's a bold faced lie.

>> ^quantumushroom:

Thanks to longde and heropsycho for reasonable answers.
As witnessed by today's predicted 8-8-11 stock plunge, the market doesn't wait for 'understanding' of the situation.
The "4 trillion" figure is suggested from a "presidential debt commission"...it's what I'd heard was the limit where the S&P would consider postponing a downgrade, also it was one of the attempted goal-plans of the Righties.
Out-of-control spending is wrecking this country, and calling Tea Partiers "crazy" and espousing 'tax increases' will not stop this in any way, because the left always spends more than it takes in, more so than the right.
Obama & Friends are already spending printed trillions, to no effect.
I've never considered Obama to be competent or even cognizant how the economy works, so it's difficult for me to believe it's "The Right's" fault for "making him look bad". The guy did it all on his own.

Aren't we overvaluing college education?

For most career paths, those that don't require heavily specialised and intensive training, further education buys you little more than the right to present prospective employers with an 'above average' result on a gigantically expensive, wasteful and noisy general aptitude test.

Sheeeeeeeeeit.

>> ^Ornthoron:

So this is the roast? Sorry I'm late, but it doesn't seem like I missed much. @<a rel="nofollow" href="http://wtf.videosift.com/member/thinker247" title="member since September 15th, 2007" class="profilelink">thinker247 tried to give us some material with that interview, but it seems he botched it thoroughly since nobody uses it. And MrFish didn't exactly help out with his uninspired answers. The only funny comment I've seen here was @<a rel="nofollow" href="http://troll.videosift.com" title="member since July 4th, 2007" class="profilelink"><strong style="color: rgb(0, 0, 0);">blankfist's (You have no idea how much it pains me to admit that), and he had to go back as far as a siftquisition almost 3 years back to find worthwhile material.
But I'm not one to shirk from responsibility, so I'll try to wring some lemming juice out of this brothel floor cleaning rag of an interview:
"4. What is your profession?
I’m a non-traditional student. Non-traditional means older (I put Van Wilder to shame). I will graduate with a bachelor’s degree in journalism from the University of Nebraska-Lincoln at the end of the year. I plan to write good stuff somewhere, although I may go into public relations first.
I’m also a bartender, although I was laid off last month. I’ve worked in a dance club and a nice hotel.
I used to be a cook."
I've seen MrFish's type at my university. There are basically two types who pursue bachelor degrees after they've turned 30. One type is the eternal slacker, who gets too distracted by alcohol, drugs or video games to pass any courses, and the other type is the men and women with a mid-life crisis. This latter group typically choose some useless subject that "expands their horizon", like art history or philosophy.
I'm torn as to what group MrFish might belong to. His history of being laid off from low-tier jobs suggests the former, but journalism is a field that reeks of pretentiousness, so I think I have to go with the latter category. I know of no other people that overvalue there own importance as much as journalists. You really think you can do a difference in the world from Nebraska? With merely a bachelor degree? You could at least have chosen something useful for the children of tomorrow, like molecular biology or condensed matter physics. But of course, achieving even a bachelor degree in those subjects requires both hard work and intelligence.
You'll likely now try to prove you have both these qualities by using unnecessary long time to write a long and poignant retort to all the half-insults in this roast. This, you tell yourself, will show everyone how good you are with words and why you were destined from the start to become a Daily Nebraskan contributor. What you don't realize is that nobody else really cares, and that what you will come to consider the epitome of your oevre will likely only be read by yourself.

So this is the roast? Sorry I'm late, but it doesn't seem like I missed much. @thinker247 tried to give us some material with that interview, but it seems he botched it thoroughly since nobody uses it. And MrFish didn't exactly help out with his uninspired answers. The only funny comment I've seen here was @blankfist's (You have no idea how much it pains me to admit that), and he had to go back as far as a siftquisition almost 3 years back to find worthwhile material.

But I'm not one to shirk from responsibility, so I'll try to wring some lemming juice out of this brothel floor cleaning rag of an interview:

"4. What is your profession?
I’m a non-traditional student. Non-traditional means older (I put Van Wilder to shame). I will graduate with a bachelor’s degree in journalism from the University of Nebraska-Lincoln at the end of the year. I plan to write good stuff somewhere, although I may go into public relations first.
I’m also a bartender, although I was laid off last month. I’ve worked in a dance club and a nice hotel.
I used to be a cook."

I've seen MrFish's type at my university. There are basically two types who pursue bachelor degrees after they've turned 30. One type is the eternal slacker, who gets too distracted by alcohol, drugs or video games to pass any courses, and the other type is the men and women with a mid-life crisis. This latter group typically choose some useless subject that "expands their horizon", like art history or philosophy.

I'm torn as to what group MrFish might belong to. His history of being laid off from low-tier jobs suggests the former, but journalism is a field that reeks of pretentiousness, so I think I have to go with the latter category. I know of no other people that overvalue there own importance as much as journalists. You really think you can do a difference in the world from Nebraska? With merely a bachelor degree? You could at least have chosen something useful for the children of tomorrow, like molecular biology or condensed matter physics. But of course, achieving even a bachelor degree in those subjects requires both hard work and intelligence.

You'll likely now try to prove you have both these qualities by using unnecessary long time to write a long and poignant retort to all the half-insults in this roast. This, you tell yourself, will show everyone how good you are with words and why you were destined from the start to become a Daily Nebraskan contributor. What you don't realize is that nobody else really cares, and that what you will come to consider the epitome of your oevre will likely only be read by yourself.

>> ^bmacs27:

They did inflate the currency. The definition of inflation has nothing to do with the value of the currency. It has to do with the quantity of currency. The actions they've taken have increased the money supply. That's what I meant by the dollar is being irrationally overvalued. The markets haven't priced in their actions yet.

Eh, I know I'm being nitpicky, but the definition of inflation is general price level going up. These days people talk more about second order movements of the CPI, not the rate of change, but the direction and size of the change in the change in CPI, (i.e. inflation rate falling from 2% baseline to more like 0.8%).

There are several categories of definitions for "money supply", but under most of them, they're talking about money that's actually circulating and changing hands, not what's being stuffed into mattresses, or being put into reserve accounts at the Fed (which is where most of the money created by the Fed wound up).

If I print up a trillion dollars, and then bury it in my back yard, I won't have caused any inflation. That's not the market failing to price in my actions, that's the market rightfully ignoring irrelevant cash that's not actually doing anything. If I eventually come to my senses, and realize that's a waste of a trillion dollars, and start investing it and spending it, that will put some upward pressure on CPI.

So far, the people who've gotten the money from the Fed have been doing the equivalent of burying it in their back yard, rather than doing what the Fed wants them to do, and invest it in businesses. One of the ways around that problem is for the Fed to bypass the banks, and directly purchase financial assets. It did that, but it had started pulling back on that, and letting its overall holdings drop as the assets matured.

It could stand to do a bit more. It probably wouldn't fix unemployment entirely, but it would help.