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Inflation Beyond the Stars Thread for April 12


               
2022 Apr 12, 12:49am   192,219 views  1,854 comments

by DemoralizerOfPanicans   follow (9)  

Since we know the numbers are going to suck since Peppermint Patty is leading the Amen Corner Media to blame Putin for it:
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

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1778   zzyzzx   2025 Sep 10, 6:21am  

10oz is now 8oz:


1780   zzyzzx   2025 Sep 10, 6:26am  

No longer big:


1783   zzyzzx   2025 Sep 10, 6:53am  

Lint rollers as well:


1789   rocketjoe79   2025 Oct 13, 12:10pm  

Haagen Daz reduced the quantity by sneakily moving up the bottom of the container.
1791   Patrick   2025 Oct 15, 7:37pm  

rocketjoe79 says

Haagen Daz reduced the quantity by sneakily moving up the bottom of the container.


Lots of stuff like that going on lately.

Trader Joe's had a very good Ethiopian whole bean Arabica coffee, but lowered the quality in the last year to the point where it's painful to drink. Same packaging. Pretty sure it's now Robusta, which tastes like rope.

https://www.lavazzausa.com/en/recipes-and-coffee-hacks/difference-type-arabica-robusta-coffee
1794   Patrick   2025 Oct 17, 9:15pm  

Grok gives me $29.71 for the current melt value of 5 silver quarters.
1795   Misc   2025 Oct 17, 9:25pm  

Silver was highest in the 1980s on January 18, 1980, when it reached a record high of \(\$49.45\) per troy ounce

If you're into arbitrarily picking dates, try the current value based on that start date.

Ooooooooooops, you've lost buying power because of the 3.09% inflation rate. Not a little loss, but generations of wealth if you had bought enough

Silver would have to be trading at $194 per ounce just to break even on an inflation adjusted basis. .

"Trade silver by weight among ourselves as currency". What a bunch of crap. We'd be looking at our currency being devalued against foreign currency for over 45 years. US citizens would naturally be drawn to foreign currencies.
1796   AD   2025 Oct 17, 10:34pm  

Misc says

Silver would have to be trading at $194 per ounce just to break even on an inflation adjusted basis.


True if you did not dollar cost average and bought silver each year over the last 40 years. Instead, you would buy all of your silver in 1980 at its last all time high price.

Same circumstance if you bought all your shares in QQQ or some technology fund in late 1999 and had to wait at least 16 years to break even.

What is your forecast for silver and gold ? Will they drop in price next year as the fiscal condition improves of the US federal government ?


1797   Misc   2025 Oct 17, 10:59pm  

When investment advisors say things like long term investor or use it for diversification. They are peddling inflated crap.

If we change monetary system to silver, then yep what would happen is a massive buy at an inflated price that would take a couple of centuries to unwind.

As for gold/silver we are in a speculative bubble right now. The last time for gold prices this high was 45 years ago inflation adjusted. Silver we got a ways to go there. Just because prices are high doesn't mean that they can't go higher.

The way our current monetary system is structured there must be an ever increasing amount of dollars or credit. Otherwise the system cannibalizes itself because of people "saving" and because of interest. If the federal government cuts back on increasing debt issuance, then the private sector must make up for it. Generally this is done by increased mortgage debt. If the Fed doesn't get interest rates down to where they should be for the private sector to increase debt, then Trump has pretty much stated that he will use the Tariff surplus to send rebate checks out to Americans, thus increasing the Federal debt.. Thus, this would keep the system from eating itself. s

The speculative fervor can be ended whenever the banks want to by them simply asking the commodity exchanges to increase the margin rates for the metals. Most metals traders are heavily leveraged and billions upon billions of forced sells drives down the price of the metals instantly. I habe no idea how streched the banks will let "investors" get. Yes, it's all rigged.
1798   Patrick   2025 Oct 17, 11:54pm  

Misc says

We'd be looking at our currency being devalued against foreign currency for over 45 years.


Silver will never go to zero, but the dollar will.
1799   Misc   2025 Oct 18, 12:05am  

Patrick says

Silver will never go to zero, but the dollar will.


People's debts are not denominated in sliver, but in dollars. There is a single very small silver mining company that keep a portion of its profits in silver. All the other thousands of mining companies sell 100% of what they mine for fiat. Don't take it from me which is superior take it from the people who do it for a living.
1800   AD   2025 Oct 18, 12:12am  

Misc says

If the Fed doesn't get interest rates down to where they should be for the private sector to increase debt, then Trump has pretty much stated that he will use the Tariff surplus to send rebate checks out to Americans, thus increasing the Federal debt.. Thus, this would keep the system from eating itself.


Yeah, just the prime rate is usually 3% higher than the Federal Funds rate (FFR) which FFR is around 4.5% now whereas it was 5.5% back in 2024.

But guvmint reported inflation is around 2.7% so the FFR should be around 3.5%.
1801   Patrick   2025 Oct 18, 12:15am  

Misc says

People's debts are not denominated in sliver, but in dollars.


We need to change that.
1802   Misc   2025 Oct 18, 12:22am  

Patrick says

We need to change that


That monetary system breaks down even faster than fiat. Try compounding interest on a fixed asset base...doesn't work. You have to go Muslim and not charge interest on loans. I like fiat where you can charge differing interest rates. It lends itself to capitalism better.
1803   AD   2025 Oct 18, 12:45am  

Patrick says

Silver will never go to zero, but the dollar will.


In Florida, gold and silver have been recognized as legal tender starting July 1, 2026. This law allows Floridians to use these precious metals in certain transactions and exempts them from sales tax. The law also requires that coins used as legal tender be clearly stamped with their weight, purity, and mint of origin. Financial institutions are not mandated to provide coin-related services, but businesses accepting these metals must be licensed.
1804   Misc   2025 Oct 18, 2:43am  

AD says

Patrick says


Silver will never go to zero, but the dollar will.


In Florida, gold and silver have been recognized as legal tender starting July 1, 2026. This law allows Floridians to use these precious metals in certain transactions and exempts them from sales tax. The law also requires that coins used as legal tender be clearly stamped with their weight, purity, and mint of origin. Financial institutions are not mandated to provide coin-related services, but businesses accepting these metals must be licensed.


It's kinda the same thing here in Arizona. I double I' dog dare you to pay your property taxes with them.
1805   AD   2025 Oct 24, 4:40pm  



1806   AD   2025 Oct 24, 4:53pm  

Top economist on the economy’s dirty truth: The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’

https://www.msn.com/en-us/money/markets/top-economist-on-the-economy-s-dirty-truth-the-only-people-who-feel-good-are-making-over-200-000-and-have-large-stock-portfolios/ar-AA1P89Oo
1807   AD   2025 Oct 25, 12:30am  

three consumer areas of housing, healthcare and college education have well outpaced inflation for at least the last 30 years

examine how healthcare has become a larger percentage of the US economy


1808   Blue   2025 Oct 25, 1:00am  

https://moneywise.com/insurance/health/your-health-insurance-could-cost-65-more-in-2026-as-costs-rise-and-employers-raise-deductibles
Your health insurance will cost your employer even more next year — here’s what’s behind the projected 15-year high
...costs would climb closer to 9%

After the scamdamic and the invention of "mental health" the costs are going up.
1809   Misc   2025 Oct 25, 4:21am  

AD says

examine how healthcare has become a larger percentage of the US economy


The population is older. Old people require more health care.
1812   zzyzzx   2025 Oct 28, 9:07am  

Literally cutting corners to shrink the product:


1813   zzyzzx   2025 Oct 28, 9:42am  

Less cheese:


1814   zzyzzx   2025 Oct 28, 9:47am  

Hotel mini soap now has holes in it:

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