Anonymous
02/12/2022 13:13
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
The poor become more irrelevant every day as technology advances. It’s the way it’s always been and always will be. The labor shift away from low skilled workers to automation is happening now. Great thing about robots and software is that they don’t require benefits, higher wages, or join unions. They also can be programmed to take out rebellious masses of the poor. Inflation is the modern day culling under the planet’s survival of the fittest playbook.
Anonymous
02/12/2022 12:40
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Well, good for you, then. Don’t mosey on over to the Travel or Fashion forums out of curiosity. Like, ever.
Do the math for yourself. Mathematically, how would it be possible for even half of the 8 billion people on this planet to live the care free high consumption lifestyle of DC elites? If you really look at the situation honestly there is no way that you could not understand the problem. The planet cannot sustain the American expectations of consumption so you either expect billions of people to remain in poverty or else you would support the adoption of reasonable technological solutions to the obvious constraints of a planet with finite resources.
Anonymous
02/12/2022 12:35
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:Don’t overhype inflation. You are trying to kill the recovery to stop a transitional symptom of it. Some sectors have fully recovered from the mid-2020 economic collapse, but others have not. The latter still have problems with their labor forces, production, scalability, supply chains, etc. We need those jobs and sectors to recover and then everything else will work itself out. Job growth and business recovery are more important than inflation.
Recovery from the best economy ever under Trump...yeah!
The economy collapsed in April 2020. Trump was clueless.
Anonymous
02/12/2022 12:32
Subject: Re:U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:All everyone discusses is the CPI, but the costs for producers is inflating more:
https://ycharts.com/indicators/us_producer_price_index
Why do you think companies are raising prices? Because the PPI is mooning. Producers can see the prices increaes before consumers, and corporations have to raise prices to maintain margins. Democrats scream about corporate greed as the cause for inflation because they are completely ignorant of the exploding costs for inputs across the board. The PPI is even worse than the CPI, but it is often more forward looking than the CPI.
You sure drank the corporate kool aid.
Isn’t it great that businesses are always forward looking enough to raise prices 6 months in advance of an anticipated rate or cost increase but then when commodity futures, rates and costs drop there is always a lag before prices are affected? That’s if they ever go down at all.
Also why has PPI gone up? Because the pandemic disrupted employment, suppliers, shipping, logistics, etc., and they haven’t recovered and reset. Not caused by government actions.
Anonymous
02/12/2022 12:31
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Well, good for you, then. Don’t mosey on over to the Travel or Fashion forums out of curiosity. Like, ever.
Anonymous
02/12/2022 12:28
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:So, you and your family never travel, especially overseas? You all drive electric vehicles, compost, shop at farmers’ markets?
Actually, yes. Believe it or not.
Anonymous
02/12/2022 12:23
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Don’t overhype inflation. You are trying to kill the recovery to stop a transitional symptom of it. Some sectors have fully recovered from the mid-2020 economic collapse, but others have not. The latter still have problems with their labor forces, production, scalability, supply chains, etc. We need those jobs and sectors to recover and then everything else will work itself out. Job growth and business recovery are more important than inflation.
Recovery from the best economy ever under Trump...yeah!
Anonymous
02/12/2022 12:23
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
So, you and your family never travel, especially overseas? You all drive electric vehicles, compost, shop at farmers’ markets?
Anonymous
Anonymous
02/12/2022 12:15
Subject: Re:U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:All everyone discusses is the CPI, but the costs for producers is inflating more:
https://ycharts.com/indicators/us_producer_price_index
Why do you think companies are raising prices? Because the PPI is mooning. Producers can see the prices increaes before consumers, and corporations have to raise prices to maintain margins. Democrats scream about corporate greed as the cause for inflation because they are completely ignorant of the exploding costs for inputs across the board. The PPI is even worse than the CPI, but it is often more forward looking than the CPI.
You sure drank the corporate kool aid.
Isn’t it great that businesses are always forward looking enough to raise prices 6 months in advance of an anticipated rate or cost increase but then when commodity futures, rates and costs drop there is always a lag before prices are affected? That’s if they ever go down at all.
Anonymous
02/12/2022 12:10
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Jesus, stop clinging to supply chain issues. LOOK AT THE FED BALANCE SHEET. Here:
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
It is truly remarkable how dumb the public and politicians are wrt basic econ. The Fed literally has a balance sheet now that is equivalent to almost half the entire GDP of the entire country. Stop talking about non-relevant issues like the supply chain or 'CoRpOrAtE GreEd!' as the main drivers of inflation. The govt IS the cause of the problem becsue they expanded the supply of money by a gargantuan 50% in about a year. The evidence is all over the Fed's balance sheet.
Totally agree. Inflations is 100% a monetary issue. If you print money like crazy you are creating inflation. Now politicians and particularly DEMs want you to believe that is because the price of the meat
Don't believe it ? just check the inflation in the las 4000 year and you'll find clear examples of this. Look at Salamanca university inflation studies in the 16th century, the roman etc etc.
This bout of inflation is a supply/demand issue. Have you tried to buy a car lately? If it were “100% monetary” then demand would be lackluster and supply would be plentiful. Increased prices lead to decreased demand. This is not happening because there is still a ton of demand with not enough supply.
I don't think you understand how the economy and expansions of money supply work.
It’s called demand-pull inflation and it is definitely caused by an expanding economy.
But supply will catch up. That’s what I’m talking about in an earlier post about some sectors that are still struggling with pandemic disruptions of their workers, production, scalability, logistics, etc.
How is supply supposed to catch up when the Biden team wants to pay every able-bodied adult with a family to stay home and quit their jobs? When they're still recommending vaccinated adults take 10 days off work when Covid positive? When they're supporting unions which are shutting down manufacturing plants? When 40% of our import/exports into Canada has been blocked for a week and zero response?
The situation is laughable.
“Biden team wants to pay every able-bodied adult with a family to stay home and quit their jobs?”
Do you expect to be taken seriously when you post outright lies like that? Oh, but that’s not the goal is it now? You are spreading baseless propaganda and it’s obvious. This crap might work with some uneducated and isolated population but you’re posting to a DC forum where we all are smart enough to see through your nonsense.
Anonymous
02/12/2022 10:30
Subject: Re:U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
All everyone discusses is the CPI, but the costs for producers is inflating more:
https://ycharts.com/indicators/us_producer_price_index
Why do you think companies are raising prices? Because the PPI is mooning. Producers can see the prices increaes before consumers, and corporations have to raise prices to maintain margins. Democrats scream about corporate greed as the cause for inflation because they are completely ignorant of the exploding costs for inputs across the board. The PPI is even worse than the CPI, but it is often more forward looking than the CPI.
https://ycharts.com/indicators/us_producer_price_index
Why do you think companies are raising prices? Because the PPI is mooning. Producers can see the prices increaes before consumers, and corporations have to raise prices to maintain margins. Democrats scream about corporate greed as the cause for inflation because they are completely ignorant of the exploding costs for inputs across the board. The PPI is even worse than the CPI, but it is often more forward looking than the CPI.
Anonymous
Anonymous
02/11/2022 18:57
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Jesus, stop clinging to supply chain issues. LOOK AT THE FED BALANCE SHEET. Here:
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
It is truly remarkable how dumb the public and politicians are wrt basic econ. The Fed literally has a balance sheet now that is equivalent to almost half the entire GDP of the entire country. Stop talking about non-relevant issues like the supply chain or 'CoRpOrAtE GreEd!' as the main drivers of inflation. The govt IS the cause of the problem becsue they expanded the supply of money by a gargantuan 50% in about a year. The evidence is all over the Fed's balance sheet.
Totally agree. Inflations is 100% a monetary issue. If you print money like crazy you are creating inflation. Now politicians and particularly DEMs want you to believe that is because the price of the meat
Don't believe it ? just check the inflation in the las 4000 year and you'll find clear examples of this. Look at Salamanca university inflation studies in the 16th century, the roman etc etc.
This bout of inflation is a supply/demand issue. Have you tried to buy a car lately? If it were “100% monetary” then demand would be lackluster and supply would be plentiful. Increased prices lead to decreased demand. This is not happening because there is still a ton of demand with not enough supply.
I don't think you understand how the economy and expansions of money supply work.
It’s called demand-pull inflation and it is definitely caused by an expanding economy.
But supply will catch up. That’s what I’m talking about in an earlier post about some sectors that are still struggling with pandemic disruptions of their workers, production, scalability, logistics, etc.
How is supply supposed to catch up when the Biden team wants to pay every able-bodied adult with a family to stay home and quit their jobs? When they're still recommending vaccinated adults take 10 days off work when Covid positive? When they're supporting unions which are shutting down manufacturing plants? When 40% of our import/exports into Canada has been blocked for a week and zero response?
The situation is laughable.
Anonymous
02/11/2022 18:51
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Jesus, stop clinging to supply chain issues. LOOK AT THE FED BALANCE SHEET. Here:
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
It is truly remarkable how dumb the public and politicians are wrt basic econ. The Fed literally has a balance sheet now that is equivalent to almost half the entire GDP of the entire country. Stop talking about non-relevant issues like the supply chain or 'CoRpOrAtE GreEd!' as the main drivers of inflation. The govt IS the cause of the problem becsue they expanded the supply of money by a gargantuan 50% in about a year. The evidence is all over the Fed's balance sheet.
Totally agree. Inflations is 100% a monetary issue. If you print money like crazy you are creating inflation. Now politicians and particularly DEMs want you to believe that is because the price of the meat
Don't believe it ? just check the inflation in the las 4000 year and you'll find clear examples of this. Look at Salamanca university inflation studies in the 16th century, the roman etc etc.
This bout of inflation is a supply/demand issue. Have you tried to buy a car lately? If it were “100% monetary” then demand would be lackluster and supply would be plentiful. Increased prices lead to decreased demand. This is not happening because there is still a ton of demand with not enough supply.
I don't think you understand how the economy and expansions of money supply work.
It’s called demand-pull inflation and it is definitely caused by an expanding economy.
But supply will catch up. That’s what I’m talking about in an earlier post about some sectors that are still struggling with pandemic disruptions of their workers, production, scalability, logistics, etc.