No inflation, nothing to see here

18,594 Views | 303 Replies | Last: 1 day ago by Heineken-Ashi
Cassius
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Pre xiden: 2 lbs gulf shrimp for $10.99.
Today, 1.5lbs for $15.99

Pre xiden: Propane exchange $15.49
Today, $17. 99

Pre xiden: Skirt steak $5.99 lb
Today, $7.49 lb


Enjoy the Xiden economy.

Oh, I was told I'm getting a 25% raise next week...

Not.
OldArmyBrent
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AG
Propane exchange is for less gas now, too. Pretty soon you'll be paying for 2 gallons in a 5 gallon tank.
DrEvazanPhD
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Gasoline
Lumber
Real estate
Layne Staley
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Packer brisket at HEB $3.96. Went between $1.96 and $2.19 last year.
Ag In Ok
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Two things:
Inflation is 6%, you are wrong
We have always been at war with East Asia
rocky the dog
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Elections are when people find out what politicians stand for, and politicians find out what people will fall for.
swampstander
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Lobsters last summer $4.50/lb this summer $9.00.
Oldag2020
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Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I
Muy
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Biden and the left have grabbed defeat from the jaws of a 2021 victory in just a handful of months.

Thanks, dem voters
OldArmyBrent
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Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I

Not sure if serious.
The world needs another Pinochet.
aTmAg
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OldArmyBrent said:

Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I

Not sure if serious.
Oh he is serious. That's the level of ignorance we are talking about here.
fullback44
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Gasoline is way up
Lumber and housing way way up
Pluming and plastics through the roof

Did you job give you the big raise to match all these inflated cost?
Bird Poo
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swampstander said:

Lobsters last summer $4.50/lb this summer $9.00.


Awesome. Don't know why, but this one got me. Probably would have posted the same when I was LOL poor.
Steampunk-Kangaroo
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Good for you buddy. You're just like everyone else then. Kissing the government boot that's crushing your head instead of trying to get out from under it.

Me, I'll be fighting the feds with every last ounce of strength I've got. Or at least, trying to.
DrEvazanPhD
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Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I


The supply imbalances in oil are in response to the administration as well as to market forces
riverrataggie
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aTmAg said:

OldArmyBrent said:

Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I

Not sure if serious.
Oh he is serious. That's the level of ignorance we are talking about here.


But his portfolio is up 40%!
The Fife
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OldArmyBrent said:

Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I

Not sure if serious.

For something like that I'm not sure if they're even sober.
Fat Black Swan
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Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I


It's extremely worrisome. Within the next year, you won't be able to pass it off as supply chain issues.
Trucker 96
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Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I


This is expert analysis from someone who didn't get a stimulus check not because he makes too much (like me), but because his parents were still claiming him as a dependent. So y'all keep that in mind
rgag12
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fullback44 said:

Gasoline is way up
Lumber and housing way way up
Pluming and plastics through the roof

Did you job give you the big raise to match all these inflated cost?


Yes
Sully Dog
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Cassius said:

Pre xiden: 2 lbs gulf shrimp for $10.99.
Today, 1.5lbs for $15.99

Pre xiden: Propane exchange $15.49
Today, $17. 99

Pre xiden: Skirt steak $5.99 lb
Today, $7.49 lb


Enjoy the Xiden economy.

Oh, I was told I'm getting a 25% raise next week...

Not.
Your numbers can't be right. I was told by the Fed that our inflation was only 6%
Deplorable Neanderthal Clinger
Sully Dog
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fullback44 said:

Gasoline is way up
Lumber and housing way way up
Pluming and plastics through the roof

Did you job give you the big raise to match all these inflated cost?
I am the employer so I guess I need to sell two more teas.
Deplorable Neanderthal Clinger
riverrataggie
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Sully Dog said:

fullback44 said:

Gasoline is way up
Lumber and housing way way up
Pluming and plastics through the roof

Did you job give you the big raise to match all these inflated cost?
I am the employer so I guess I need to sell two more teas.


At Starbucks prices as well
Oldag2020
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Not sure if this was a shot? What college student isn't a dependent?
Oldag2020
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If inflation is at the same rate at this time next year I will gladly redact my statement
Year of the Germaphobe
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Oldag2020 said:

Everything you listed is increasing in price due to temporary supply imbalances. ie it is transitory and will not continue for the foreseeable future.

Rule #1 don't fight the fed

The fed isn't worried and neither am I


The problem with unintelligent people like this is that it takes a few years for them to be proven wrong.

By the time they are, they've already moved on to something else.

I watched it happen in 07-08. So much denial.
Oldag2020
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It's really not a difficult concept to understand. Watch the fed meeting tomorrow and tell me what they say.

Current inflation will not continue at the rates we are seeing. Will it reach 4%? Maybe. Is that level of inflation detrimental to a properly allocated portfolio? No. It may even be beneficial.
Squadron7
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Oldag2020 said:

Not sure if this was a shot? What college student isn't a dependent?

And away we go!
Nitro Power
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Didn't you see the other thread.printing money is a good thing
Oldag2020
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Where was the country devastating inflation after 08-09 that everyone predicted? It never came. Just like everyone is predicting it comes now, it won't.

The current price increases are due solely to pent up demand and supply chain constraints. It's really that simple.
Nitro Power
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One beat down today wasn't enough huhyou had to come back with more ignorance
Year of the Germaphobe
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Oldag2020 said:

Where was the country devastating inflation after 08-09 that everyone predicted? It never came. Just like everyone is predicting it comes now, it won't.

The current price increases are due solely to pent up demand and supply chain constraints. It's really that simple.


You're in the early stages of learning about warning flags.

The only thing simple here is your vernacular.
snowdog90
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Oldag2020 said:

It's really not a difficult concept to understand. Watch the fed meeting tomorrow and tell me what they say.

Current inflation will not continue at the rates we are seeing. Will it reach 4%? Maybe. Is that level of inflation detrimental to a properly allocated portfolio? No. It may even be beneficial.


Wow. Inflation is not beneficial and wouldn't even be a thing without the Fed and the horrible politicians who spend money they don't earn to get kickbacks to enrich their families.
Oldag2020
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When we are still standing as the greatest country in history in 20,40, even 60 years I will have been right. Who would've known a bunch of conservatives could be so adamant about the destruction of the greatest country, and economy, to ever exist.
Nitro Power
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Smartest kid on the short bus doesn't make one smart.
 
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