No inflation, nothing to see here

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Cassius
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6:37p, 6/15/21
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.
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OldArmyBrent
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In reply to Cassius • 6:39p, 6/15/21
AG
Propane exchange is for less gas now, too. Pretty soon you'll be paying for 2 gallons in a 5 gallon tank.
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DrEvazanPhD
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6:40p, 6/15/21
Gasoline
Lumber
Real estate
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Layne Staley
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6:41p, 6/15/21
AG
Packer brisket at HEB $3.96. Went between $1.96 and $2.19 last year.
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Ag In Ok
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In reply to Cassius • 6:41p, 6/15/21
AG
Two things:
Inflation is 6%, you are wrong
We have always been at war with East Asia
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rocky the dog
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6:42p, 6/15/21
AG
Elections are when people find out what politicians stand for, and politicians find out what people will fall for.
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swampstander
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6:44p, 6/15/21
AG
Lobsters last summer $4.50/lb this summer $9.00.
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Oldag2020
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6:49p, 6/15/21
AG
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
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Muy
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6:53p, 6/15/21
AG
Biden and the left have grabbed defeat from the jaws of a 2021 victory in just a handful of months.

Thanks, dem voters
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OldArmyBrent
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In reply to Oldag2020 • 6:54p, 6/15/21
AG
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.
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aTmAg
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In reply to OldArmyBrent • 7:02p, 6/15/21
AG
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.
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fullback44
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7:03p, 6/15/21
AG
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?
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Bird Poo
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In reply to swampstander • 7:04p, 6/15/21
AG
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.
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Steampunk-Kangaroo
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In reply to Oldag2020 • 7:08p, 6/15/21
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.
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DrEvazanPhD
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In reply to Oldag2020 • 7:09p, 6/15/21
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
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riverrataggie
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In reply to aTmAg • 7:11p, 6/15/21
AG
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%!
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The Fife
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In reply to OldArmyBrent • 7:12p, 6/15/21
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.
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Fat Black Swan
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In reply to Oldag2020 • 7:12p, 6/15/21
AG
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.
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Trucker 96
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In reply to Oldag2020 • 7:15p, 6/15/21
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
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rgag12
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In reply to fullback44 • 7:17p, 6/15/21
AG
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
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Sully Dog
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In reply to Cassius • 7:18p, 6/15/21
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
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Sully Dog
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In reply to fullback44 • 7:19p, 6/15/21
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
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riverrataggie
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In reply to Sully Dog • 7:26p, 6/15/21
AG
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
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Oldag2020
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In reply to Trucker 96 • 7:33p, 6/15/21
AG
Not sure if this was a shot? What college student isn't a dependent?
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Oldag2020
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In reply to Fat Black Swan • 7:38p, 6/15/21
AG
If inflation is at the same rate at this time next year I will gladly redact my statement
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Year of the Germaphobe
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In reply to Oldag2020 • 7:41p, 6/15/21
AG
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.
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Oldag2020
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In reply to OldArmyBrent • 7:42p, 6/15/21
AG
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.
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Squadron7
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In reply to Oldag2020 • 7:43p, 6/15/21
AG
Oldag2020 said:
Not sure if this was a shot? What college student isn't a dependent?

And away we go!
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Nitro Power
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In reply to Cassius • 7:46p, 6/15/21
AG
Didn't you see the other thread.printing money is a good thing
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Oldag2020
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In reply to Year of the Germaphobe • 7:46p, 6/15/21
AG
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.
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Nitro Power
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In reply to Oldag2020 • 7:47p, 6/15/21
AG
One beat down today wasn't enough huhyou had to come back with more ignorance
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Year of the Germaphobe
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In reply to Oldag2020 • 7:49p, 6/15/21
AG
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.
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snowdog90
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In reply to Oldag2020 • 7:54p, 6/15/21
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.
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Oldag2020
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In reply to Nitro Power • 7:59p, 6/15/21
AG
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.
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Nitro Power
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8:00p, 6/15/21
AG
Smartest kid on the short bus doesn't make one smart.
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