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Inflation Beyond the Stars Thread for April 12
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2022 Apr 12, 12:49am 146,768 views 1,539 comments
« First « Previous Comments 130 - 169 of 1,539 Next » Last » Search these comments
131
Patrick
2022 Aug 1, 3:40pm
Patrick
2022 Aug 1, 3:40pm
https://slaynews.com/economy/inflation-squeeze-forces-45-percent-of-americans-to-cut-spending-on-groceries-poll/
Gosh, one might think that such reductions in consumer spending would cause a recession. Unless one were a Democrat.
A recent survey from Suffolk University/USA TODAY (pdf) reveals that 45.3 percent of Americans have had to cut back their spending on groceries.
59.4 percent also said they are eating out less often as a result of inflation.
Another 48 percent of respondents said they are driving less due to soaring gas prices.
Meanwhile, 45.4 percent said they are postponing or canceling vacations or travel plans amid rising costs.
Gosh, one might think that such reductions in consumer spending would cause a recession. Unless one were a Democrat.
132
Patrick
2022 Aug 3, 5:12pm
Patrick
2022 Aug 3, 5:12pm
https://boriquagato.substack.com/p/kitten-corner-chipoltle-ole
jeez you guys, who’s doing the PR for chipotle, marie antoinette?
because this kinda sounds like “let them eat cake because they sure are not gonna be able to afford burritos…”
136
zzyzzx
2022 Aug 9, 7:54am
zzyzzx
2022 Aug 9, 7:54am
https://finance.yahoo.com/news/15-french-fries-18-sandwiches-185506651.html
$15 French Fries and $18 Sandwiches: Inflation Hits New York
$15 French Fries and $18 Sandwiches: Inflation Hits New York
138
Misc
2022 Aug 10, 10:35am
Biden says that we had 0% inflation in July.
But he's been known to fib a little
https://www.msn.com/en-us/money/markets/biden-white-house-press-secretary-say-inflation-was-zero-in-july-heres-the-actual-number/ar-AA10wzfs?li=BBnb7Kz
But he's been known to fib a little
https://www.msn.com/en-us/money/markets/biden-white-house-press-secretary-say-inflation-was-zero-in-july-heres-the-actual-number/ar-AA10wzfs?li=BBnb7Kz
139
Al_Sharpton_for_President
2022 Aug 10, 10:48am
Al_Sharpton_for_President
2022 Aug 10, 10:48am
Patrick says
OTOH, losing a certain clientele will result in less down time and repair costs.
jeez you guys, who’s doing the PR for chipotle, marie antoinette?
OTOH, losing a certain clientele will result in less down time and repair costs.
142
Patrick
2022 Aug 12, 12:53pm
Patrick
2022 Aug 12, 12:53pm
Catturd ™
@catturd2
23h
I just got back from the grocery store, and apparently the groceries hadn’t heard about Biden’s new zero inflation claims.
147
zzyzzx
2022 Sep 2, 5:16am
zzyzzx
2022 Sep 2, 5:16am
https://finance.yahoo.com/news/thanks-inflation-gen-z-millennials-110023737.html
Thanks to Inflation, Gen Z and Millennials Will Now Need $3M in Retirement Savings To Live Comfortably
It has long been a rule of thumb to have $1 million saved for a comfortable retirement; but, thanks to inflation, the youngest generation of workers likely will need three times as much. According to a recent analysis conducted by Wealthcare Financial, by the time Gen Z and millennials retire, they will need around $120,000 to $150,000 per year to live comfortably — making $3 million the average amount they need to retire.
I'd say that we are already there.
Thanks to Inflation, Gen Z and Millennials Will Now Need $3M in Retirement Savings To Live Comfortably
It has long been a rule of thumb to have $1 million saved for a comfortable retirement; but, thanks to inflation, the youngest generation of workers likely will need three times as much. According to a recent analysis conducted by Wealthcare Financial, by the time Gen Z and millennials retire, they will need around $120,000 to $150,000 per year to live comfortably — making $3 million the average amount they need to retire.
I'd say that we are already there.
148
Patrick
2022 Sep 8, 9:37am
Patrick
2022 Sep 8, 9:37am
Avi Yemini
@OzraeliAvi
13h
Notice how every authoritarian thug who USED Covid to consolidate power is now BLAMING Covid for the economic collapse they caused.
152
zzyzzx
2022 Sep 13, 7:15am
zzyzzx
2022 Sep 13, 7:15am
https://finance.yahoo.com/news/inflation-grocery-prices-in-august-rise-135-highest-since-march-1979-135420560.html
Inflation: Grocery prices in August rise 13.5%, the highest increase since March 1979
Inflation: Grocery prices in August rise 13.5%, the highest increase since March 1979
163
zzyzzx
2022 Sep 16, 5:42am
zzyzzx
2022 Sep 16, 5:42am
https://finance.yahoo.com/news/argentina-hike-interest-rates-75-200117136.html
Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
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https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net