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I have a logsheet in my truck where I've recorded every fuel purchase since May 2006.
On May 15th of that year I paid $3.31 per gallon.
Last week I paid $3.80 per gallon.
That computes to annualized 0.8% (0.008x) inflation rate for gasoline in San Jose over the past almost 17 years.
The Sky Is Falling Down.
The Eurozone’s core inflation soared to a record high in January, as the bloc’s energy crisis rages on. ...
The euro bloc is currently facing the worst energy crisis in decades after the Russia–Ukraine war caused gas and oil prices to soar.
You don't understand what is going on.
richwicks says
You don't understand what is going on.
There you go again, I state a FACT and you get inside my mind.
Here;s another factoid from my spread sheet:
half gallon of low-fat (2%) organic milk at Trader Joe
1/21/2018 $3.49 (note: I started tracking my grocery expenses around that time)
2/24/2023 $3.99 (yes, today).
Annualized inflation rate for this product: 2.8%
richwicks says
You don't understand what is going on.
There you go again, I state a FACT and you get inside my mind.
Here;s another factoid from my spread sheet:
half gallon of low-fat (2%) organic milk at Trader Joe
1/21/2018 $3.49 (note: I started tracking my grocery expenses around that time)
2/24/2023 $3.99 (yes, today).
Annualized inflation rate for this product: 2.8%
Dude. You won't get a comment that agrees with you or is positive from Rich. Just our government is corrupt. Government has been for sure but not totally.
you don't understand.
Yesterday it was $1.24 a pound for chicken legs (minimum amount is 4 pounds) at Walmart on Front Beach Rd in Panama City Beach
I remember it was $1.03 before the pandemic.
Name all the good things the government has done in the last say, 3 years.
WookieMan - Name all the good things the government has done in the last say, 3 years.
richwicks says
I hate Biden. He's an imbecile. WE HAVE NO BOOTS ON THE GROUND IN UKRAIN!!!!
Name all the good things the government has done in the last say, 3 years.
Every American life is worth at least $1M. Maybe our government lies. He hasn't escalated. He's shipping weapons that were created by American workers. I don't fucking like it but please tell me the alternative?? Russia is and will always move west because their climate is shit. This isn't complicated. The current situation is the lesser of two evils. THIS is always the situation.
Russia needs to be bus tossed and so does Ukraine. Keep our kids alive is all I fucking ask. Money is money. Debt is a business contract. There is risk it doesn't get paid back. We have more resources than the rest of the world. Until you realize that you'll just keep attacking American dominance. It ain't perfect. What's the alternative? Until you present one you're kind of off your rocker.
richwicks says
WookieMan - Name all the good things the government has done in the last say, 3 years.
Every accurate National Weather Service forecast, every day. Every ATC directed aviation flight, in every kind of weather, safely to its destination. Thousand of times, every day.
etc etc etc
And you're absolutely wrong - we certainly have boots on the ground in Ukraine, but they are not officially "military". They are "contractors".
Well, we don't need congress for that, do we? Or the FBI, or the NSA, or the military, or the IRS..
Well, we don't need congress for that, do we? Or the FBI, or the NSA, or the military, or the IRS..
richwicks says
And you're absolutely wrong - we certainly have boots on the ground in Ukraine, but they are not officially "military". They are "contractors".
Yeah like DynCorp (now: Amentum) and Blackwater (now: Constellis Holdings)
.
Why? What's the point? Ukies seem to be capable enough to fight their own fight. In a clash of two almost 1-mil-strong militaries along almost 1000 miles long line of contact what difference could they make anyway?
Not to mention there is 0 proof but who needs proof, amirite?
It's to prolong the war. This is a war of attrition. It's not meant to be won, it's being conducted to harm the "other side", in this case, Russia.
richwicks says
It's to prolong the war. This is a war of attrition. It's not meant to be won, it's being conducted to harm the "other side", in this case, Russia.
russia's debt has not increased much : https://www.usdebtclock.org/world-debt-clock.html
gasoline prices are still averaging above $3 a gallon
It will hurt the United States more than it will hurt Russia.
At least the debt to gdp ratio is 120% after peaking around 135% in 2020, and it was 107% in march 2020 and averaged 101% during obama's 2nd term
So "inflating out of an economic crisis" is working in regards to the debt to gdp ratio return to pre pandemic levels
Why do you believe the statistics from a government that just told you inflation is temporary, that we had a deadly pandemic, and the 'vaccines' for it are safe and effective?
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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