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Inflation incoming


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2021 Apr 14, 6:13am   21,154 views  262 comments

by RC2006   ➕follow (2)   💰tip   ignore  

Who would have thought. With all the people collecting "free money" and non-stop printing.

https://www.whitehouse.gov/briefing-room/blog/2021/04/12/pandemic-prices-assessing-inflation-in-the-months-and-years-ahead/

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202   fdhfoiehfeoi   2022 Jan 18, 8:53am  

Someone put a note on my car this past week asking me to call them if I wanted to sell. I drive a less than pristine '98 Civic. Seems that speculation is driving used car market. As long as we keep chasing bubbles, instead of investing in honest economics, we will continue to see recessions/depressions and people will continue to lose their shirts. Look for or create goods or services people really need. Stop being greedy and chasing get rich quick schemes. The lack of moral integrity in our current economic system has directly led to the last two years.
203   clambo   2022 Jan 18, 10:35am  

Retail spending was lower after the free government cash slowed down and people were recently forced to pay the rent.
204   Eric Holder   2022 Jan 18, 1:17pm  

clambo says
people were recently forced to pay the rent.


LITERALLY HITLER!!!!!
205   Hircus   2022 Jan 19, 3:18pm  



Inflation is not Xoe Bridens fault, nor his duty, says Xoe and his loyal propaganda outlets.
206   Booger   2022 Jan 19, 4:50pm  

Hitler finds out about his gas price increases:
https://youtu.be/50fZu8ARSyg?source=patrick.net
209   mell   2022 Feb 6, 10:25am  

Another house next to us sold before hitting the market with an offer way above asking. Thought it was at least possible that we bought close to the peak last year but leaving SF was top priority. Now it's clear house prices will continue to climb at around inflation rate or higher, esp. in rural areas. We'll be closing in on a 100k increase at the 1 yr anniversary. Fucking insane, but it won't stop until all boomers are dead and prob many Gen xers as well as quite a few Gen xers became pretty wealthy by the related tech bubble. Asset inflation is here to stay
210   Onvacation   2022 Feb 6, 10:31am  

mell says
it won't stop until all boomers are dead and prob many Gen xers as well

Might be sooner than you think.

211   mell   2022 Feb 6, 10:45am  

Onvacation says
mell says
it won't stop until all boomers are dead and prob many Gen xers as well

Might be sooner than you think.



True but relatively speaking in person years the boomers won't perish much quicker. Jab rates among middle aged to below boomer age is more significant on buying power loss since they will inherit and they are more eager to buy homes than the youth. Plan is still to move out of state within 5-7 years. A volatile market is def more fun if one can stay on top of it. It's also more natural than what we have seen since 2008 aka continuous levitation by the fed killing the vix
212   Shaman   2022 Feb 6, 12:14pm  

Hircus says


Inflation is not Xoe Bridens fault, nor his duty, says Xoe and his loyal propaganda outlets.


Thanks to the gigantic national debt, the Federal Reserve can NOT curb inflation. If it raises rates enough to do so, our country will be forced to default on the national debt which will ruin the value of our money even faster. The only way forward is to learn to live with inflation for the next decade.

Or, if my most dire suspicions are correct, the vax will be killing off the boomers within the next couple of years and their wealth will be taken via death taxes to pay off the debt.

Could go either way.
213   Patrick   2022 Feb 10, 12:53pm  

HunterTits says
Shaman says
If it raises rates enough to do so, our country will be forced to default on the national debt


No it won't.


It's a "soft default" through inflation.
215   Patrick   2022 Feb 15, 5:24pm  

https://www.investmentwatchblog.com/walmart-has-started-putting-steaks-inside-locked-metal-cages-to-keep-shoplifters-from-taking-them/?source=patrick.net


Since Joe Biden entered the White House, just about every category of meat has surged in price…

The price beef and veal products increased 16.0 percent, according to BLS. That included a 13.0 percent increase in the price of uncooked ground beef; a 17.1 percent increase in the price of uncooked beef steaks; and a 19.2 percent increase in the price of uncooked beef roasts.

The price of pork increased 14.1 percent.

The price of chicken increased 10.3 percent.

Of course food prices are rapidly escalating across the board, and major grocery chains are now facing a sustained wave of theft that is unlike anything that they have ever experienced before.
216   Patrick   2022 Feb 19, 5:50pm  

https://tobyrogers.substack.com/p/the-billionaires-have-hired-the-millionaires?source=patrick.net

You want a trillion dollars a year in global economic stimulus? Abandon the vaccine program worldwide immediately and permanently. Pharma is inflicting a trillion dollars a year in iatrogenic injury worldwide via vaccine programs. Pharma gets paid hundreds of billions of dollars for toxic vaccines and 5x to 10x more for patented treatments for the chronic conditions caused by vaccines. It’s the most corrupt business model since the Middle Passage. As governments around the world run out of money in the coming years and cannot print more without triggering hyperinflation (as is already happening in the U.S.), abandoning the vaccine program will be the ONLY way of injecting economic stimulus into the economy.

Some people are not able to hear this yet. But as our economic and political systems collapse over the coming years under the weight of Pharma fascism, what I’ve just described will eventually become common sense.
217   Bd6r   2022 Feb 19, 6:59pm  

We just drove from Houston to San Antonio. Gas prices in most places above 3.50. Thank you brandon!!!
218   Maga_Chaos_Monkey   2022 Feb 19, 7:08pm  

Bd6r says
We just drove from Houston to San Antoni. Gas prices in most places above 3.50. Thank you brandon!!!


I'll be driving from San Diego to San Antone Late September or early October.

My evacuation date range is pretty much set in stone at this point.

I wonder if truckers will still be available to help me with my move.
219   Bd6r   2022 Feb 19, 7:11pm  

FJB says
My evacuation date range is pretty much set in stone at this point.

Let me know when you move. We bought property half way between Houston and SA, and are in process of fixing house. You are welcome to drop by and we can shoot some guns.
220   Maga_Chaos_Monkey   2022 Feb 19, 7:12pm  

Bd6r says
You are welcome to drop by and we can shoot some guns.


Hells Yeah I will!
221   Patrick   2022 Feb 20, 9:49am  

https://spectatorworld.com/topic/monetary-bubble-burst-inflation/?source=patrick.net


Let’s contemplate, to coin a phrase, a basket of deplorables. US inflation just hit 7.5 percent, the highest in forty years. EU inflation is 5.1 percent. UK inflation, now 5.5 per cent and the highest in thirty years, is expected to reach 7 percent by spring. All these indices are headed in one direction. Inflation is often described as a tax, but I have a better word for it: stealing.
233   AmericanKulak   2022 Mar 15, 1:39am  

Factcheck: Inflation is only caused by Russians and Russian-Symp Supermarkets and Gas Stations. Milton Friedman's remarks about Inflation having solely a Monetary Policy Cause are Putin Disinformation.

"Everywhere inflation is a monetary phenomenon (caused by the controller of the currency - here, the US federal reserve - printing money disproportionally to growth)" is DEBOONKED!
235   clambo   2022 Mar 15, 10:38pm  

Inflation sucks, so how can you cope with it?

Make more money of course.

How do you get higher pay when the slave masters want to replace you with foreign scabs from places like India, China, etc.?

You can’t; you’re fucked.

Everyone understands that foreigners coming in here don’t improve their lives one bit, but almost nobody except Trump said anything about it.

I feel sorry for guys working now.
238   AmericanKulak   2022 Mar 16, 1:57pm  

clambo says
Everyone understands that foreigners coming in here don’t improve their lives one bit, but almost nobody except Trump said anything about it.


One could live cheap, rent a shitty apartment for a few hundred bucks. Even in North NJ, always a top 10 expensive area to live, 25 years ago. Immigration has destroyed that option for native born Americans; the places are all Section 8 getting guaranteed high rent government checks now for illegals and their brood.
239   JimSpatzenfeld   2022 Mar 16, 3:07pm  

High inflation is great for those with high debt against hard assets, like real estate. A millijon Dollar mortgage will soon be peanuts, just sell your rusty old clunker to pay off your mortgage, lol, haha.

High inflation is exactly what this overindebted nation needs.
240   JimSpatzenfeld   2022 Mar 16, 3:08pm  

Sorry my submit button was stuck, I’ll have to spray some WD40 on it…
241   clambo   2022 Mar 16, 3:44pm  

Neither inflation nor high interest rates nor high energy costs are good.

I'm luckily past worrying about them much however.

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