Costs up, earnings down. Way to go Veggie Joe
The reason we should not be concerned about inflation
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899 Replies |
Last: 1 mo ago by LMCane
This thread has aged well.
Must hurt the OP to be so resoundingly ***** slapped for a year now.
Hopefully he's burning whatever books taught him his garbage ideology. The real world is brutal.
Hopefully he's burning whatever books taught him his garbage ideology. The real world is brutal.
What's this loser's new name here?
Well, but he has a solution for that; raise corporate taxes by 33%!DannyDuberstein said:
Costs up, earnings down. Way to go Veggie Joe
The CCP is running the Democratic party and the White House right now.
Proc92 said:
What's this loser's new name here?
It's either MoronAg or DumbassAg
Gotta be Neehau. Started posting a month after this OP disappeared and similar posting style
Source: Bloomberg
Headline CPI pushed to its highest since 1981 and has now risen for 24 straight months.
Core CPI offered no respite as it soars 6.0% year over year (worse than the +5.9% year over year expected)
Headline CPI pushed to its highest since 1981 and has now risen for 24 straight months.
Core CPI offered no respite as it soars 6.0% year over year (worse than the +5.9% year over year expected)
Ukraine Gas Expert said:
*US May Consumer Prices +1%; Consensus +0.7%
*US May CPI Ex-Food & Energy +0.6%; Consensus +0.5%
*US May Consumer Prices Increase 8.6% From Year Earlier; Core CPI Up 6% Over Year
*US May CPI Energy Prices +3.9%; Food Prices +1.2%
*US Real Average Weekly Earnings -0.7% In May
I hadn't even noticed until now that real earnings ALSO FELL SIMULTANEOUSLY to inflation hitting the highest peak.
so you are getting poorer every single day now
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
Let me ask once again:
who could ever seen that massive printing sprees, including 40 billion plus to far and away the most corrupt nation in Europe, would not pressure literally every price upward, continuously? That destroying utterly many hundreds of thousands of small businesses through cruel lockdowns and mass riots would not exert ridiculous additional pressure.
Anyone with a functional brain could have foreseen this - yet sadly, so many did not so foresee.
who could ever seen that massive printing sprees, including 40 billion plus to far and away the most corrupt nation in Europe, would not pressure literally every price upward, continuously? That destroying utterly many hundreds of thousands of small businesses through cruel lockdowns and mass riots would not exert ridiculous additional pressure.
Anyone with a functional brain could have foreseen this - yet sadly, so many did not so foresee.
this should help..
Michigan Consumer Confidence Survey
Preliminary Results for June 2022
Jun May Jun M-M Y-Y
Index of Consumer Sentiment 50.2 58.4 85.5 -14.0% -41.3%
Current Economic Conditions 55.4 63.3 88.6 -12.5% -37.5%
Index of Consumer Expectations 46.8 55.2 83.5 -15.2% -44.0%
Michigan Consumer Confidence Survey
Preliminary Results for June 2022
Jun May Jun M-M Y-Y
Index of Consumer Sentiment 50.2 58.4 85.5 -14.0% -41.3%
Current Economic Conditions 55.4 63.3 88.6 -12.5% -37.5%
Index of Consumer Expectations 46.8 55.2 83.5 -15.2% -44.0%
Hadn't thought about that, but "forgiving student loans is just a journal entry" fits right in.HouseDivided06 said:
Gotta be Neehau. Started posting a month after this OP disappeared and similar posting style
We used to respond to RFP's with six month pricing. If you were a big customer with a lot of work, we'd go twelve months with provisions.
Our RFP's are now valid for 30 days. A colleague I know has his set at 2 weeks. Let that sink in.
Our RFP's are now valid for 30 days. A colleague I know has his set at 2 weeks. Let that sink in.
YouBet said:
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
Guess the wife had better step it up.
I kid.
Detmersdislocatedshoulder
Joined:
Mar 30, 2020
Posts:
12,364
How long do you want to ignore this user?
OP reads like a babylon bee write up. let me guess it's transitory.
Kvetch said:YouBet said:
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
Guess the wife had better step it up.
I kid.
Ha. I'm Household CEO so this falls into my job description. The only reason I don't do it is because it physically kills my back to keep it clean.
YouBet said:Kvetch said:YouBet said:
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
Guess the wife had better step it up.
I kid.
Ha. I'm Household CEO so this falls into my job description. The only reason I don't do it is because it physically kills my back to keep it clean.
Bet the pool boy's back can handle it.
IYKWIM
So you're saying you're brokeback?YouBet said:Kvetch said:YouBet said:
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
Guess the wife had better step it up.
I kid.
Ha. I'm Household CEO so this falls into my job description. The only reason I don't do it is because it physically kills my back to keep it clean.
Seven and three are ten, not only now, but forever. There has never been a time when seven and three were not ten, nor will there ever be a time when they are not ten. Therefore, I have said that the truth of number is incorruptible and common to all who think. — St. Augustine
I think he meant your wife should do the pool boy, not the pool.YouBet said:Kvetch said:YouBet said:
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
Guess the wife had better step it up.
I kid.
Ha. I'm Household CEO so this falls into my job description. The only reason I don't do it is because it physically kills my back to keep it clean.
VegasAg86 said:I think he meant your wife should do the pool boy, not the pool.YouBet said:Kvetch said:YouBet said:
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
Guess the wife had better step it up.
I kid.
Ha. I'm Household CEO so this falls into my job description. The only reason I don't do it is because it physically kills my back to keep it clean.
He's older than I am.
OP should be the loudest member of the Trump or Desantis bandwagon. If he/she had integrity and could admit how wrong he/she was.
Would take deflation in a heartbeat from where we were a year ago.Quote:
Our productive capacity is so high, in fact, I believe our biggest fear should be deflation, not inflation. Our productivity growth is not disappearing any time soon. The inputs to production are 1. Technological advancements and 2. Increase in labor force. Our computing power doubles every 18 months. Clearly this growth will not disappear.
So OP hasn't appeared on this thread since March. Assuming OP's 2020 year is his/her graduation year then its not surprising they were so wrong. Book knowledge with no real world knowledge is a very dangerous combination.
What do you boys want for breakfast BBQ ?.....OK Chili.
I made a lot of mistakes in my 20s. Not really the issue at hand…
Reason this thread will live in TexAgs infamy is combination of:
- we will call it … "certainty" regarding financial predictions
- evidently working in a financial related field and possibly offering advice (I dunno)
- "I was a business major!"
- very obviously missing - deliberately is my guess - extremely obviously signs the predictions would be extremely wrong
There's nothing wrong with being young and wrong. But, kids, let this be a lesson: be humble, and listen.
Reason this thread will live in TexAgs infamy is combination of:
- we will call it … "certainty" regarding financial predictions
- evidently working in a financial related field and possibly offering advice (I dunno)
- "I was a business major!"
- very obviously missing - deliberately is my guess - extremely obviously signs the predictions would be extremely wrong
There's nothing wrong with being young and wrong. But, kids, let this be a lesson: be humble, and listen.
Jock 07 said:
Wow,this is reed McKenzie certified deadass wrong level dumbassery
Reed McKenzie - so incredible expensive, so incredibly stupidly wrong 90% of the time
It is an amazing combination
The world needs mean tweets
My Pronouns Ultra and MAGA
Trump 2024
My Pronouns Ultra and MAGA
Trump 2024
Same as two teas or worse? Never thought two teas would be topped
Maybe the OP has been buried by inflation...MAROON said:
So OP hasn't appeared on this thread since March. Assuming OP's 2020 year is his/her graduation year then its not surprising they were so wrong. Book knowledge with no real world knowledge is a very dangerous combination.
Young kids need to know where they are on the Dunning-Kruger curve.Redstone said:
I made a lot of mistakes in my 20s. Not really the issue at hand…
Reason this thread will live in TexAgs infamy is combination of:
- we will call it … "certainty" regarding financial predictions
- evidently working in a financial related field and possibly offering advice (I dunno)
- "I was a business major!"
- very obviously missing - deliberately is my guess - extremely obviously signs the predictions would be extremely wrong
There's nothing wrong with being young and wrong. But, kids, let this be a lesson: be humble, and listen.
Some got a Nobel Prize with a chart that reads "No nothing" instead of "Know nothing"?!?Win At Life said:Young kids need to know where they are on the Dunning-Kruger curve.Redstone said:
I made a lot of mistakes in my 20s. Not really the issue at hand…
Reason this thread will live in TexAgs infamy is combination of:
- we will call it … "certainty" regarding financial predictions
- evidently working in a financial related field and possibly offering advice (I dunno)
- "I was a business major!"
- very obviously missing - deliberately is my guess - extremely obviously signs the predictions would be extremely wrong
There's nothing wrong with being young and wrong. But, kids, let this be a lesson: be humble, and listen.
I imagine that graphic is from that website, not the Nobel winning paper.dmart90 said:Some got a Nobel Prize with a chart that reads "No nothing" instead of "Know nothing"?!?Win At Life said:
Ha! I'm not the most senile demented idiot on this board. OP is.
He has to be part of the Biden administration.
He has to be part of the Biden administration.
God made the country, and man made the town. William Cowper
Biden attacking Exxon and gas companies.
well THIS should get the fuel and energy companies to drill more!!
Biden Idiocy on display
LMCane said:
Biden attacking Exxon and gas companies.
well THIS should get the fuel and energy companies to drill more!!
Biden Idiocy on display
Yeah, the veggie in charge hasn't put 2+2 together that the fed govt essentially making O&G its mortal enemy is a major obstacle to getting them to outlay the massive capital required for both drilling and new refineries. They've made it more costly, more difficult, and more risky at every turn. They are going to quite prudently sit back and cash flow
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