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Inflation: What's happening

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  • #46
    Originally posted by Katy Lied View Post

    That probably is not going to do any good, unless they ban imports from any industry where some of its products are made using uigher slave labor. So ban all silicon from China. The reason is, they can just flex the uighers to another labor intensive industry, say cotton picking. And switch the 3 companies away from Uigher labor. Slave labor is fungible that way. Remember, the CCP owns all of the companies, and we keep treating these companies like they are individually owned and led by open market decisions.

    But if I had my way, I'd ban all chinese imports until the Uigher camps are torn down. Cena can go cry him a river. I cannot believe that slavery is acceptable in 2021.

    Whoa, KL with the serious China take! Nice!

    You are not wrong.


    Sent from my iPhone using Tapatalk
    "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

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    • #47
      Originally posted by Katy Lied View Post

      That probably is not going to do any good, unless they ban imports from any industry where some of its products are made using uigher slave labor. So ban all silicon from China. The reason is, they can just flex the uighers to another labor intensive industry, say cotton picking. And switch the 3 companies away from Uigher labor. Slave labor is fungible that way. Remember, the CCP owns all of the companies, and we keep treating these companies like they are individually owned and led by open market decisions.

      But if I had my way, I'd ban all chinese imports until the Uigher camps are torn down. Cena can go cry him a river. I cannot believe that slavery is acceptable in 2021.

      true but not responsive.
      Te Occidere Possunt Sed Te Edere Non Possunt Nefas Est.

      Comment

      • #48




        https://www.cnbc.com/2021/10/23/twit...the-world.html

        Maybe it is time to hedge in Bitcoin.
        "If there is one thing I am, it's always right." -Ted Nugent.
        "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
        "Yet I still see wisdom in that which Uncle Ted posts." -creek.
        GIVE 'EM HELL, BRIGHAM!

        Comment

        • #49

          U.S. consumer prices jump 6.2% in October, the biggest inflation surge in more than 30 years
          • The consumer price index surged 6.2% from a year ago in October, the most since December 1990.
          • Core inflation, stripping out food and energy, increased 4.6%, the fastest gain since August 1991.
          • Energy, shelter and vehicle costs led the gains, which more than wiped out the wage increases that workers received for the month.
          [...]
          https://www.cnbc.com/2021/11/10/cons...x-october.html



          "If there is one thing I am, it's always right." -Ted Nugent.
          "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
          "Yet I still see wisdom in that which Uncle Ted posts." -creek.
          GIVE 'EM HELL, BRIGHAM!

          Comment

          • #50
            Yeah, inflation is beginning to be a problem. Of course we knew that months ago but it’s now starting to tear it’s ugly head. Hopefully the Fed has a couple tricks up their sleeves but it could be a long, dark couple of years. At least oil prices are at recent highs
            "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

            Comment

            • #51
              Looks like Powell has finally admitted publicly that this inflation is not transitory. That’s a problem. Let’s hope it gets fixed quickly. Good thing the BBB bill is now only $2T instead of $6T

              i also saw a graphic that showed how much of the current money supply has been created in the past two years. Something like 1/5 of all money has been created recently. Pretty astounding.
              "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

              Comment

              • #52
                Originally posted by Moliere View Post

                i also saw a graphic that showed how much of the current money supply has been created in the past two years. Something like 1/5 of all money has been created recently. Pretty astounding.
                Yeah, the money trees have been printing a lot of dollars recently...

                fredgraph.png

                https://fred.stlouisfed.org/series/M2SL

                Let the inflation death spiral begin!
                "If there is one thing I am, it's always right." -Ted Nugent.
                "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
                "Yet I still see wisdom in that which Uncle Ted posts." -creek.
                GIVE 'EM HELL, BRIGHAM!

                Comment

                • #53
                  7.5% inflation, the highest it's been in 40 years

                  1200x-1.jpg
                  "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

                  Comment

                  • #54
                    yeah. eesh. time to buy gold.
                    Te Occidere Possunt Sed Te Edere Non Possunt Nefas Est.

                    Comment

                    • #55
                      Originally posted by old_gregg View Post
                      yeah. eesh. time to buy gold.
                      And more Series I Savings Bonds. At least they tread water in real terms.
                      "What are you prepared to do?" - Jimmy Malone

                      "What choice?" - Abe Petrovsky

                      Comment

                      • #56
                        Originally posted by old_gregg View Post
                        yeah. eesh. time to buy gold.
                        Thankfully work for a company in the commodity business, specifically a commodity that is despised by many but needed by all, so our stock price has rarely been better and it’ll continue to get better.
                        "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

                        Comment

                        • #57
                          Originally posted by Joe Public View Post

                          And more Series I Savings Bonds. At least they tread water in real terms.
                          Minus federal income tax, right?

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                          • #58
                            Originally posted by Bo Diddley View Post

                            Minus federal income tax, right?
                            Yes, but deferred and minimizable with planning. It also depends on the fixed rate at the time of purchase, which is zero currently but has been higher in the past.
                            "What are you prepared to do?" - Jimmy Malone

                            "What choice?" - Abe Petrovsky

                            Comment

                            • #59
                              7.9% in February. Not slowing down.
                              "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

                              Comment

                              • #60
                                Originally posted by Moliere View Post
                                7.9% in February. Not slowing down.
                                Buckle up, Buttercup. Probably getting worse before it gets better.
                                "There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
                                "It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
                                "Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster

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