The reason we should not be concerned about inflation

108,183 Views | 916 Replies | Last: 13 days ago by Helicopter Ben
DannyDuberstein
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7:37a, 6/10/22
AG
Costs up, earnings down. Way to go Veggie Joe
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torrid
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7:44a, 6/10/22
AG
This thread has aged well.
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AlaskanAg99
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7:48a, 6/10/22
AG
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.
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Proc92
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7:48a, 6/10/22
What's this loser's new name here?
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nortex97
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In reply to DannyDuberstein • 7:50a, 6/10/22
AG
DannyDuberstein said:
Costs up, earnings down. Way to go Veggie Joe
Well, but he has a solution for that; raise corporate taxes by 33%!

The CCP is running the Democratic party and the White House right now.
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Picard
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In reply to Proc92 • 7:50a, 6/10/22
AG
Proc92 said:
What's this loser's new name here?


It's either MoronAg or DumbassAg

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HouseDivided06
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In reply to Proc92 • 8:02a, 6/10/22
AG
Gotta be Neehau. Started posting a month after this OP disappeared and similar posting style
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LMCane
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8:02a, 6/10/22
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)
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LMCane
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In reply to Ukraine Gas Expert • 8:06a, 6/10/22
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
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YouBet
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8:36a, 6/10/22
AG
Our pool guy raised his prices again yesterday. Second one in six months. Now paying $50 more per month than we did pre-Biden.
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Redstone
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9:04a, 6/10/22
AG
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.
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LMCane
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9:14a, 6/10/22
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%
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VegasAg86
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In reply to HouseDivided06 • 9:16a, 6/10/22
AG
HouseDivided06 said:
Gotta be Neehau. Started posting a month after this OP disappeared and similar posting style
Hadn't thought about that, but "forgiving student loans is just a journal entry" fits right in.
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A_Gang_Ag_06
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9:18a, 6/10/22
AG
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.
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Kvetch
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In reply to YouBet • 9:18a, 6/10/22
AG
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.
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Detmersdislocatedshoulder
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9:32a, 6/10/22
OP reads like a babylon bee write up. let me guess it's transitory.
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YouBet
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In reply to Kvetch • 9:36a, 6/10/22
AG
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.
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Ags4DaWin
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In reply to YouBet • 9:41a, 6/10/22
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
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Demosthenes81
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In reply to YouBet • 9:46a, 6/10/22
AG
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.
So you're saying you're brokeback?
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
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VegasAg86
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In reply to YouBet • 9:54a, 6/10/22
AG
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.
I think he meant your wife should do the pool boy, not the pool.
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YouBet
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In reply to VegasAg86 • 10:08a, 6/10/22
AG
VegasAg86 said:
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.
I think he meant your wife should do the pool boy, not the pool.


He's older than I am.
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Redstone
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10:24a, 6/10/22
AG

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jac4
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11:43a, 6/10/22
AG
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.
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Wheatables02
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12:10p, 6/10/22
AG
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.
Would take deflation in a heartbeat from where we were a year ago.
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MAROON
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12:30p, 6/10/22
AG
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.
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Redstone
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12:34p, 6/10/22
AG
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.
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Fightin_Aggie
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In reply to Jock 07 • 1:00p, 6/10/22
AG
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
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Alan Combs Zombie
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1:03p, 6/10/22
Same as two teas or worse? Never thought two teas would be topped
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dmart90
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In reply to MAROON • 1:13p, 6/10/22
AG
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.
Maybe the OP has been buried by inflation...
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Win At Life
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In reply to Redstone • 1:26p, 6/10/22
AG
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.
Young kids need to know where they are on the Dunning-Kruger curve.
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dmart90
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In reply to Win At Life • 2:10p, 6/10/22
AG
Win At Life said:
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.
Young kids need to know where they are on the Dunning-Kruger curve.
Some got a Nobel Prize with a chart that reads "No nothing" instead of "Know nothing"?!?
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VegasAg86
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In reply to dmart90 • 2:16p, 6/10/22
AG
dmart90 said:
Win At Life said:

Some got a Nobel Prize with a chart that reads "No nothing" instead of "Know nothing"?!?
I imagine that graphic is from that website, not the Nobel winning paper.
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LonghornDub
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2:42p, 6/10/22
Ha! I'm not the most senile demented idiot on this board. OP is.

He has to be part of the Biden administration.
God made the country, and man made the town. William Cowper

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LMCane
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2:51p, 6/10/22

Biden attacking Exxon and gas companies.

well THIS should get the fuel and energy companies to drill more!!

Biden Idiocy on display
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DannyDuberstein
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In reply to LMCane • 3:15p, 6/10/22
AG
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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