patrick.net
An Antidote to Corporate Media
1,304,342 comments by 15,510 users - FuckTheMainstreamMedia, HANrongli online now
Inflation Beyond the Stars Thread for April 12
invite response
2022 Apr 12, 12:49am 162,216 views 1,720 comments
« First « Previous Comments 1,660 - 1,699 of 1,720 Next » Last » Search these comments
1660
AD
2025 Apr 21, 3:36pm
AD
2025 Apr 21, 3:36pm
B.A.C.A.H. says
Trump is brainstorming out loud a lot more than he did his first term. That 2016 article link is another example of a Trump trial balloon.
Eventually the public particularly the stock market investors and trader will tune this out more like scent fatigue where you no longer smell a certain extreme scent after being exposed enough to it.
.
Hah!
We've seen nothing yet. Just wait for the executive order for haircuts on the debt.
https://www.politico.com/agenda/story/2016/05/what-trump-really-said-about-the-debt-000117/
Trump is brainstorming out loud a lot more than he did his first term. That 2016 article link is another example of a Trump trial balloon.
Eventually the public particularly the stock market investors and trader will tune this out more like scent fatigue where you no longer smell a certain extreme scent after being exposed enough to it.
.
1661
Eric Holder
2025 Apr 21, 4:20pm
Eric Holder
2025 Apr 21, 4:20pm
AD says
That would make too much sense. Nah, lets slap 100500% tariff on all antibiotics and let the shit sort itself out. "Some of you may die, but this is a sacrifice I'm willing to make" -- Lord Fuckwad.
Trump should at least explain the importance of this in regards to national security like not relying so much on antibiotic supply from China, and using the federal government to help supply antibiotics.
The federal government already owns labs (with the universities and non profits running them), so why not have manufacturing centers owned by government for critical goods like antibiotics and medical equipment ?
That would make too much sense. Nah, lets slap 100500% tariff on all antibiotics and let the shit sort itself out. "Some of you may die, but this is a sacrifice I'm willing to make" -- Lord Fuckwad.
1662
AD
2025 Apr 21, 5:08pm
AD
2025 Apr 21, 5:08pm
Eric Holder says
Look at what Trump did for electronics from China such as the IPhone. He backed off and only put a 10% tariff. Some of this is because he gets along well with Tim Cook.
Trump will make adjustments as long as he thinks he is winning which foremost means any improvement over Birdbrain Biden's record like increasing the percentage of jobs that are manufacturing.
.
AD says
Trump should at least explain the importance of this in regards to national security like not relying so much on antibiotic supply from China, and using the federal government to help supply antibiotics.
The federal government already owns labs (with the universities and non profits running them), so why not have manufacturing centers owned by government for critical goods like antibiotics and medical equipment ?
That would make too much sense. Nah, lets slap 100500% tariff on all antibiotics and let the shit sort itself out. "Some of you may die, but this is a sacrifice I'm willing to make" -- Lord Fuckwad.
Look at what Trump did for electronics from China such as the IPhone. He backed off and only put a 10% tariff. Some of this is because he gets along well with Tim Cook.
Trump will make adjustments as long as he thinks he is winning which foremost means any improvement over Birdbrain Biden's record like increasing the percentage of jobs that are manufacturing.
.
1663
Eric Holder
2025 Apr 21, 5:11pm
Eric Holder
2025 Apr 21, 5:11pm
AD says
This is not policy. This is fucking chaos.
Look at what Trump did for electronics from China such as the IPhone. He backed off and only put a 10% tariff. Some of this is because he gets along well with Tim Cook.
This is not policy. This is fucking chaos.
1664
B.A.C.A.H.
2025 Apr 21, 5:28pm
B.A.C.A.H.
2025 Apr 21, 5:28pm
AD says
Yeah I know.
Everyday life was normal in Germany till the Kristallnacht.
Eventually the public particularly the stock market investors and trader will tune this out more like scent fatigue where you no longer smell a certain extreme scent after being exposed enough to it.
Yeah I know.
Everyday life was normal in Germany till the Kristallnacht.
1666
AmericanKulak
2025 Apr 21, 8:53pm
AmericanKulak
2025 Apr 21, 8:53pm
Eric Holder says
It's insane that a country as large, populous, and cutting edge in Rx as the US outsources antibiotics to China. It's not an industry where minimal wage labor is a factor, and technical production and quality assurance is everything.
This is easily fixed by requiring the US Military to only buy US produced antibiotics, and if no company opens up we do what the USG did in the 19th Century, but with Pharma instead of Armories.
That would make too much sense. Nah, lets slap 100500% tariff on all antibiotics and let the shit sort itself out. "Some of you may die, but this is a sacrifice I'm willing to make" -- Lord Fuckwad.
It's insane that a country as large, populous, and cutting edge in Rx as the US outsources antibiotics to China. It's not an industry where minimal wage labor is a factor, and technical production and quality assurance is everything.
This is easily fixed by requiring the US Military to only buy US produced antibiotics, and if no company opens up we do what the USG did in the 19th Century, but with Pharma instead of Armories.
1667
RWSGFY
2025 Apr 21, 9:30pm
RWSGFY
2025 Apr 21, 9:30pm
AmericanKulak says
Everybody misses the point: you slap insane tariffs now and domestic production still arrives years later. What happens between
now and then is inflation and shortages. We just went through supply chain disruption during coof but no lessons were learned.
Eric Holder says
That would make too much sense. Nah, lets slap 100500% tariff on all antibiotics and let the shit sort itself out. "Some of you may die, but this is a sacrifice I'm willing to make" -- Lord Fuckwad.
It's insane that a country as large, populous, and cutting edge in Rx as the US outsources antibiotics to China. It's not an industry where minimal wage labor is a factor, and technical production and quality assurance is everything.
This is easily fixed by requiring the US Military to only buy US produced antibiotics, and if no company opens up we do what the USG did in the 19th Century, but with Pharma instead of Armories.
Everybody misses the point: you slap insane tariffs now and domestic production still arrives years later. What happens between
now and then is inflation and shortages. We just went through supply chain disruption during coof but no lessons were learned.
1668
AmericanKulak
2025 Apr 21, 9:40pm
AmericanKulak
2025 Apr 21, 9:40pm
And if we don't slap them now, future Republicans will drag their heels, so now it is.
If Rs were more trustworthy about shutting down borders, not debt spending, etc...
Moderate Republicans brought this upon themselves with "Comprehensive Immigration Reform" and not repealing Obamacare and other nonsense.
Fortunately, in the future Republicans will learn a lesson and deliver, not just talk.
If Rs were more trustworthy about shutting down borders, not debt spending, etc...
Moderate Republicans brought this upon themselves with "Comprehensive Immigration Reform" and not repealing Obamacare and other nonsense.
Fortunately, in the future Republicans will learn a lesson and deliver, not just talk.
1674
AD
2025 Apr 27, 9:22pm
AD
2025 Apr 27, 9:22pm
The_Deplorable says
True, as M2 went from $16 trillion in April 2020 to now $27 trillion. Bond funds like Vanguard Total Bond Fund ETF took a dive of at least 20%.
Hopefully those close to retirement at least kept up with inflation such as their retirement accounts (401K and IRAs) were 40% stocks and 60% bonds, like Vanguard Lifestrategy Conservative Growth Fund.
.
True, as M2 went from $16 trillion in April 2020 to now $27 trillion. Bond funds like Vanguard Total Bond Fund ETF took a dive of at least 20%.
Hopefully those close to retirement at least kept up with inflation such as their retirement accounts (401K and IRAs) were 40% stocks and 60% bonds, like Vanguard Lifestrategy Conservative Growth Fund.
.
1675
HeadSet
2025 Apr 28, 6:48am
HeadSet
2025 Apr 28, 6:48am
AD says
If you expect inflation, why be heavier into bonds? Wouldn't the stock prices appreciate with inflation while the bond principle and fixed interest lose value to inflation? Also, won't inflation tend to raise rates which would damage the actual bond yields?
Hopefully those close to retirement at least kept up with inflation such as their retirement accounts (401K and IRAs) were 40% stocks and 60% bonds
If you expect inflation, why be heavier into bonds? Wouldn't the stock prices appreciate with inflation while the bond principle and fixed interest lose value to inflation? Also, won't inflation tend to raise rates which would damage the actual bond yields?
1676
stereotomy
2025 Apr 28, 1:40pm
stereotomy
2025 Apr 28, 1:40pm
HeadSet says
If you buy bonds to hold to maturity, you get the increased yield, and you lose no principal since it is returned to you at the maturity date of the bond.
Bond funds are a different matter - here, you get better yields but the hit on the value of the bonds is immediate. This is because these funds are constantly buying and selling bonds in the secondary market.
AD says
Hopefully those close to retirement at least kept up with inflation such as their retirement accounts (401K and IRAs) were 40% stocks and 60% bonds
If you expect inflation, why be heavier into bonds? Wouldn't the stock prices appreciate with inflation while the bond principle and fixed interest lose value to inflation? Also, won't inflation tend to raise rates which would damage the actual bond yields?
If you buy bonds to hold to maturity, you get the increased yield, and you lose no principal since it is returned to you at the maturity date of the bond.
Bond funds are a different matter - here, you get better yields but the hit on the value of the bonds is immediate. This is because these funds are constantly buying and selling bonds in the secondary market.
1678
HeadSet
2025 Apr 28, 5:27pm
HeadSet
2025 Apr 28, 5:27pm
stereotomy says
No doubt, but by the time maturity hits that principle has inflated away in value. Stocks prices normally would have risen with inflation, along with the dividends.
If you buy bonds to hold to maturity, you get the increased yield, and you lose no principal since it is returned to you at the maturity date of the bond.
No doubt, but by the time maturity hits that principle has inflated away in value. Stocks prices normally would have risen with inflation, along with the dividends.
1679
AD
2025 Apr 28, 8:46pm
AD
2025 Apr 28, 8:46pm
HeadSet says
Good point but there is some risk mitigation with Vanguard balanced funds such as having the duration average is around 7 years and they use a bond ladder strategy.
I think annual inflation will remain between 2.5% and 3% for this prolong cycle. The government would consider that the optimal way (or least painful way) to inflate out of a debt crisis.
.
AD says
Hopefully those close to retirement at least kept up with inflation such as their retirement accounts (401K and IRAs) were 40% stocks and 60% bonds
If you expect inflation, why be heavier into bonds? Wouldn't the stock prices appreciate with inflation while the bond principle and fixed interest lose value to inflation? Also, won't inflation tend to raise rates which would damage the actual bond yields?
Good point but there is some risk mitigation with Vanguard balanced funds such as having the duration average is around 7 years and they use a bond ladder strategy.
I think annual inflation will remain between 2.5% and 3% for this prolong cycle. The government would consider that the optimal way (or least painful way) to inflate out of a debt crisis.
.
1680
AD
2025 Apr 28, 8:59pm
AD
2025 Apr 28, 8:59pm
HeadSet says
So the balanced fund strategy like 60% stocks / 40% bonds should be avoided ?
.
stereotomy says
If you buy bonds to hold to maturity, you get the increased yield, and you lose no principal since it is returned to you at the maturity date of the bond.
No doubt, but by the time maturity hits that principle has inflated away in value. Stocks prices normally would have risen with inflation, along with the dividends.
So the balanced fund strategy like 60% stocks / 40% bonds should be avoided ?
.
1681
HeadSet
2025 Apr 29, 7:26am
HeadSet
2025 Apr 29, 7:26am
AD says
If you are expecting inflation, the balance should be more like 60% stocks and 40% bonds.
So the balanced fund strategy like 60% stocks / 40% bonds should be avoided ?
If you are expecting inflation, the balance should be more like 60% stocks and 40% bonds.
1682
zzyzzx
2025 Apr 29, 11:17am
zzyzzx
2025 Apr 29, 11:17am
Even dog poop bag hit by inflation (note smaller quantity of bag now included):
1684
AD
2025 Apr 30, 8:02pm
AD
2025 Apr 30, 8:02pm
The Federal Reserve uses Personal Consumption Expenditure to make decisions based on inflation.
Annual inflation based on PCE ending March 2025 came in today at 2.3%. The February 2025 annual inflation figure was adjusted from 2.5% to 2.7% as reported today.
Since October 2023, annual inflation has remained below 3%. I consider that means inflation is finally tamed.
.
Annual inflation based on PCE ending March 2025 came in today at 2.3%. The February 2025 annual inflation figure was adjusted from 2.5% to 2.7% as reported today.
Since October 2023, annual inflation has remained below 3%. I consider that means inflation is finally tamed.
.
1685
AD
2025 May 1, 3:33pm
AD
2025 May 1, 3:33pm
Bananas went up at Walmart Front Beach Rd from 49 cents to 54 cents, and it may be more due to the 10% tariff then on a drop in the Dollar Index.
Eggs have gone down in price thanks to Trump's policies with the USDA, etc.
Now they are about 36 cents an egg for 18 eggs, whereas they were 50 cents an egg during the last few months of Birdbrain Biden's administration.
Eggs have gone down in price thanks to Trump's policies with the USDA, etc.
Now they are about 36 cents an egg for 18 eggs, whereas they were 50 cents an egg during the last few months of Birdbrain Biden's administration.
1688
Patrick
2025 May 13, 6:55am
Patrick
2025 May 13, 6:55am
https://ground.news/article/72911401-f0dc-480e-baac-6d35ea650e8a
The U.S. Annual inflation rate rose 2.3% in April 2025, marking the slowest increase in over four years, according to Labor Department data.
This cooling followed price declines in February and March and coincided with the effect of some of President Trump's tariffs imposed earlier this year.
Key details show monthly consumer prices increased 0.2% from March to April, with grocery prices falling 0.4%, driven by a 12.7% drop in egg prices, the largest since September 2020.
1690
AmericanKulak
2025 May 13, 11:42am
AmericanKulak
2025 May 13, 11:42am
The funniest thing was when Dems and I think some Realtors were trying to blame used house prices on Tariffs.
"This house last upgraded when OJ was on trial got more expensive because of Trump's Tariffs on CHYna!"
"This house last upgraded when OJ was on trial got more expensive because of Trump's Tariffs on CHYna!"
1691
AD
2025 May 13, 2:53pm
AD
2025 May 13, 2:53pm
Patrick says
Not sure how inflation will fare with the 90 day trade deal of 30% tariffs on Chinese imports (and 10% on USA exports to China).
Even bananas at Walmart on Front Beach Rd went up from 49 cents to 54 cents a pound recently after Trump announcing a 10% tariff on any import.
But at least gas prices have steadied and eggs are now around 30 cents each (versus 50 cents each back in last December).
.
The U.S. Annual inflation rate rose 2.3% in April 2025, marking the slowest increase in over four years, according to Labor Department data.
Not sure how inflation will fare with the 90 day trade deal of 30% tariffs on Chinese imports (and 10% on USA exports to China).
Even bananas at Walmart on Front Beach Rd went up from 49 cents to 54 cents a pound recently after Trump announcing a 10% tariff on any import.
But at least gas prices have steadied and eggs are now around 30 cents each (versus 50 cents each back in last December).
.
1697
AD
2025 May 14, 11:27am
AD
2025 May 14, 11:27am
I believe starting hourly wage in Panama City Beach's McDonalds is at least $14 an hour. A Big Mac meal costs around $10.60 at the McDonald's by the Walmart on Front Beach Road, so the ratio of the cost of a Big Mac Meal to the hourly wage is around 0.8 for Panama City Beach.
1698
AD
2025 May 14, 11:36am
AD
2025 May 14, 11:36am
I loved up for McDondalds on Glendale Ave in Los Angeles a large Big Mac Meal is $11.59, and I assume the starting hourly wage is $20 for McDondalds in Los Anglese so the ratio is 11.59/20 or 0.58.
« First « Previous Comments 1,660 - 1,699 of 1,720 Next » Last » Search these comments
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