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» Why inflation now?
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post 1661593403 05-19-2022, 08:51 PM
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  1. dcbone30
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Why inflation now?

What am I missing. Wasn't the entire world basically completely shut down for 2 years but now all of a sudden chicken is $5/lb cuz Russia is invading Ukraine?

Srs, what am I missing
post 1661593533 05-19-2022, 08:55 PM
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  1. dontstopbelief
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Riden with Biden
post 1661593613 05-19-2022, 08:57 PM
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  1. DolphinPilot
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they're also setting fire to a bunch of food processing plants across the nation so supply is shortening
post 1661593743 05-19-2022, 08:59 PM
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  1. iabs
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I'm no economist, but a combination of return to normal economic activity with opening of businesses and people spending more money (money that was printed), coupled with lingering supply chain disruption AND return to importing most of our energy supply = raise in cost of living.
300 Forever
post 1661594003 05-19-2022, 09:06 PM
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  1. dcbone30
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Originally Posted By iabs
I'm no economist, but a combination of return to normal economic activity with opening of businesses and people spending more money (money that was printed), coupled with lingering supply chain disruption AND return to importing most of our energy supply = raise in cost of living.
I'm no economist either. Is the supply chain lag just now hitting? That's one thing I didn't quite get. I thought all the factories shut down and/or cut production since mid 2020. I kept reading articles that meat prices were going to skyrocket etc a year ago. I was still getting meat for about the same is slightly above regular prices but now fukkin eggs are $5 a carton and gas shot up $3 a gallon but somehow people are paying $500k cash for a 800 sq ft house on a 1/10 acre lot
post 1661594233 05-19-2022, 09:11 PM
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did you forget that your govt printed like 15 megagillion dollars in 2 years?
post 1661594323 05-19-2022, 09:13 PM
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#7
  1. 401Delta
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Look, fat, here's the deal...

...we doled out fat wads of cash - an unprecedented amount into the broad money supply (the pleebs).

The fed et al was probably hoping that it would only bump real inflation up to 5 or 6%...high enough to give us a big discount on the actual cost of our debt, but low enough to still claim and pass off as 2% while keeping rates low.

I've also noticed that China stopped shipping my stuff...they say it's because of the Wu flu, but I think they're just being assh*les and want us paying even higher prices.

Fukk them and their piles of corn.
post 1661594633 05-19-2022, 09:21 PM
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  1. iabs
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Originally Posted By dcbone30
I'm no economist either. Is the supply chain lag just now hitting? That's one thing I didn't quite get. I thought all the factories shut down and/or cut production since mid 2020. I kept reading articles that meat prices were going to skyrocket etc a year ago. I was still getting meat for about the same is slightly above regular prices but now fukkin eggs are $5 a carton and gas shot up $3 a gallon but somehow people are paying $500k cash for a 800 sq ft house on a 1/10 acre lot
When the cost of transportation (price of a barrel of crude) goes through the roof, because the government wishes to rely on OPEC for our energy supply, you can expect most things to go up in price. That alone is enough reason, BUT if you also add the trillions printed and spread amongst big and small businesses (a lot of that money did not go to actual businesses) that are now starting to circulate the economy as everything is wide open again, you can expect the value of the currency to devalue.

People need homes to leave and the price of transporting construction material goes up? people will pay a higher price for their homes.

Same applies for food, etc.
300 Forever
post 1661595113 05-19-2022, 09:32 PM
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#9
  1. N0rds
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Its engineered. Just like the high gas prices, food shortages, shipping shortages, and on and on and on.

All part of their plan for "tHe GrEaT rEsEt".


"You will own nothing, and be happy". "you will eat the bugs".
"Boss not feel good please use sick day" - low IQ tranny.

"Send him to Phaggy_Cholo"
post 1661595763 05-19-2022, 09:56 PM
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  1. meanstringbean
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Fed tanked rates to save economy from Fauci

Fed refused to raise rates for literally an entire year despite COVID proving to be nothing and employers begging for jobs. Aka continuing to print money and inflate assets

This led to market, home prices, crypto, etc all going boom. If you held assets outside of cash your net worth exploded over night. Time to buy more stuff - greater demand equals higher prices


Oh and remember Fauci/CDC/Biden? Their guidelines made it almost impossible for any company or manufacturer to operate at full capacity. Less supply equals higher prices


Biden also extending unemployment benefits despite employers begging for workers. Extending federal checks program. Student loan forbearance. Can’t evict people. Don’t have to pay mortgage Etc - all ways for govt to pump money into economy


Now you add in Russia and oil prices being jacked due to once again cut in supply and dem policy to not be energy independent because oil = satan


Mix it all together and yea we are fuarked. The absolute best part about this is that there is absolutely zero evidence, none, that any of this stuff saved lives from Covid. Florida let it rip and had just as much deaths per capita, and in many cases less, as blue states


Long story short and Biden and Fauci should be tossed into a hole for what they’ve done to this country
post 1661596113 05-19-2022, 10:08 PM
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#11
  1. Pterodactyl314
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Yeah I have the same question, this started with trump and the money printer back in March 2020. The energy prices soaring can be attributed to Biden which ties into all products.
See you tomorrow
post 1661596233 05-19-2022, 10:11 PM
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#12
  1. LtGoose
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Boomers doing what boomers do best, fuk chit up
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