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Thread: CPI jumps 5% in May of 2021, fastest since 2008

  1. #871



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  3. #872
    biden admin uses weaponized EPA to issue huge new natural gas taxes
    Do something Danke



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  5. #873

  6. #874
    Retail sales up a half percent in Dec , over 5 1/2 percent last yr , Chooglin'
    Do something Danke

  7. #875
    S & P closes at all time high , kind of waiting for bidens to jump in and take credit for that , lol
    Do something Danke

  8. #876
    Jer. 11:18-20. "The Kingdom of God has come upon you." -- Matthew 12:28

  9. #877

  10. #878
    Powell says rents will come down . I disagree , just the tax assesments and ins increases alone prevent that. In many places the rents will still need to rise because it isnt all yet factored in. We dont even need to look at interest rates and maint costs.
    Do something Danke

  11. #879
    The whole wages going up thing is laughable. Wages dont start to go up until after the third world inflation sets in. Employers hand out a raise so employees can keep commuting and eat lunch . It is reactionary not root cause .Median US income today 39,359.00 in the yr 2000 , 24 yrs ago 31,635.00. So during the last few years of blatant lying about the jobs numbers ( and monthly revisions down later) you must also expect the inflation numbers are not real. Median new US home today 421,417.00 , 24 years ago 161.760.00 , 160.25 percent increase , 6.67 percent per yr avg while gdp averaged 1.9 while wages went up .8 percent avg. national debt in yr 2000 5.6 trillion, today 34.2 trillion , over 500 percent increase, who thought they were going to grow the way out of that? A simple child would know better. Your currency is worthless and you live in the third world with a justice system to match. What just happened in the past 24 yrs can escalate fast but it wont improve. For 2 1/2 decades americans are 6 percent per yr avg worse off in home buying from new home price increase to wage increase comparison. Now that is the real inflation.
    Last edited by oyarde; 02-13-2024 at 08:48 PM.
    Do something Danke

  12. #880
    Powell predicts more small banks to close or be swallowed due to commercial real eatate exposure
    Do something Danke



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  14. #881

  15. #882
    Quote Originally Posted by Occam's Banana View Post
    lol
    Do something Danke

  16. #883
    Just to point out how bad the money supply got that caused this I'll mention the M2 has actually decreased ( savings depleted) about 1.6 percent per yr for 2 and it hasnt done anything for inflation because it was jacked up so far by multiple increments. we will see what the future brings , until then for entertainment purposes go look at the grocery store and price a new truck,
    Last edited by oyarde; 02-07-2024 at 06:41 PM.
    Do something Danke

  17. #884
    Quote Originally Posted by Occam's Banana View Post
    https://twitter.com/ThomasEWoods/sta...13275126182386
    to: https://twitter.com/ThomasEWoods/sta...13297284641033
    {Tom Woods @ThomasEWoods | 08 February 2024}

    Elizabeth Warren, like virtually all gov't officials, wants you to think the pain you're feeling at the store is caused by greedy businesses taking advantage of you, and has nothing to do with the Fed.

    Unfortunately, her opponents are doing a lousy job answering her.

    Her latest complaint is over "shrinkflation," whereby instead of raising prices, companies decrease the amount of product in the package (as when, for instance, a piece of chocolate becomes smaller).

    Either via shrinkflation or via rising prices, businesses according to Warren are taking advantage of consumers.

    This is juvenile.

    Any business wants to set its price at the profit-maximizing level. A higher price is not necessarily the profit-maximizing price.

    McDonald's, for instance, does not want to be charging $18 for a meal in some markets. This drives its natural constituency away, as survey data is revealing in abundance.

    Some sectors of the economy can see their prices rise because of changes in taste, or sudden disruptions (caused by war, natural disaster, etc.), or other such factors.

    But the only explanation (barring a sudden fall in money demand, which would itself require an explanation) for rising prices across the board is an increase in the amount of money in the system.

    And this is why some of the MAGA people are also getting it wrong. Rising energy prices cannot cause price inflation across the board. Rising energy prices leave less money to spend on other things, so prices are a wash.

    Only more money overall can raise prices everywhere.

    The regime would like you to think that you are suffering because of every reason in the world EXCEPT the central bank it created and endowed with a monopoly.

    It's evil companies, it's "greed," it's "cost-push," whatever. It's all bull$#@!.

    Now when you take an anti-Fed position, you can expect to be told: the Fed's wise management of the economy has given us more stability, as well as fewer and shallower recessions. What, do you want to go back to the wildcat 19th century?

    You should be prepared for arguments like that. Hence my free eBook Our Enemy, the Fed:

    OurEnemyTheFed.com


  18. #885
    "Doritos"



    +

    All modern revolutions have ended in a reinforcement of the power of the State.
    -Albert Camus

  19. #886
    Quote Originally Posted by otherone View Post
    "Doritos"
    No, not just "Doritos".

    Fewer Doritos - in the same-size bag - for the same or higher price!

    Get it straight.


  20. #887
    inflation still rising , no fed rate cuts this spring or early summer
    Do something Danke

  21. #888
    Rumors are 929 billion in commercial mortgages will mature this year
    Do something Danke



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  23. #889
    Quote Originally Posted by Occam's Banana View Post
    No, not just "Doritos".

    Fewer Doritos - in the same-size bag - for the same or higher price!

    Get it straight.

    Looking like doritos only for the top 10 percenters by 2025 , here peasants can get a bag of fritos at dollar store for 6.41 , but no bean dip.
    Last edited by oyarde; 02-13-2024 at 05:57 PM.
    Do something Danke

  24. #890
    https://twitter.com/RepThomasMassie/...29950310080880


  25. #891
    Stock News – Markets Spooked By Hot CPI Report


    https://www.thefinancialtrends.com/2...ot-cpi-report/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  26. #892
    food inflation still rising fast , up about a half percent last month , gasoline up 40 cents here today as oil marches back towards 79.00
    Do something Danke

  27. #893

  28. #894
    Seems right , 3 in 5 would be about the exact ratio I suspect of communist- socialist type voters in country
    Do something Danke

  29. #895

  30. #896
    Quote Originally Posted by acptulsa View Post
    Someone sould advance that a decade or two and see where it lands
    Do something Danke



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  32. #897

  33. #898
    European Parliament Member Complains Of Skimpflation


    https://www.thefinancialtrends.com/2...-skimpflation/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

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