Westside Steve Posted May 3, 2021 Report Share Posted May 3, 2021 Free shit for everybody! https://www.cnbc.com/amp/2021/05/03/warren-buffett-says-berkshire-hathaway-is-seeing-very-substantial-inflation-and-raising-prices.html Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted May 4, 2021 Author Report Share Posted May 4, 2021 https://www.cnbc.com/amp/2021/05/04/treasury-secretary-yellen-says-rates-may-have-to-rise-somewhat-to-keep-economy-from-overheating.html It stands to reason if you print enough money and throw it away you are going to get inflation. (Along with plenty of other potentiality negative economic side effects) The only way to deal with that especially since interest rates are about as low as they could possibly go, is to raise them somewhat. Carter ll . WSS Quote Link to comment Share on other sites More sharing options...
Vambo Posted May 4, 2021 Report Share Posted May 4, 2021 Can you say New World Order? Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted May 5, 2021 Author Report Share Posted May 5, 2021 https://finance.yahoo.com/amphtml/news/warren-buffett-is-right-inflation-is-running-rampant-105340040.html Pretty much the same guy and pretty much the same story. The price of riding the free shit express is going up quickly. WSS Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted May 5, 2021 Report Share Posted May 5, 2021 Anyone building a new home will feel the pinch. Lumber prices have more than tripled in less than a year. Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted May 5, 2021 Author Report Share Posted May 5, 2021 8 minutes ago, Canton Dawg said: Anyone building a new home will feel the pinch. Lumber prices have more than tripled in less than a year. Yes they have and we have a new housing bubble. Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted May 5, 2021 Report Share Posted May 5, 2021 1 hour ago, Canton Dawg said: Anyone building a new home will feel the pinch. Lumber prices have more than tripled in less than a year. yep. Our close friend who lost husband bought the last house in a beautiful development, "phase one"... before new home prices went up 30,000 dollars automatically. and "phase 3" is far worse an increase. It's all about control. They have to screw stuff up - to control it. The repercussions are going to hit every single America, despite their emotional knee-jerk denials. Our national debt is...28 TRILLION. https://usdebtclock.org/ check this out: Biden’s agenda to cost $36 trillion, up to $49K per family ... https://www.washingtonexaminer.com/washington... Oct 15, 2020 · Biden’s agenda to cost $36 trillion, up to $49K per family: Study. by Paul Bedard, Washington Secrets Columnist |. | October 15, 2020 09:22 AM. A … so add 28 trillion to 36 trillion.... the sum adds up to devastating crash, debt, despair and failure as a country. We are now like a freight train rampaging downhill toward a bridge that has collapsed. Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted May 5, 2021 Report Share Posted May 5, 2021 so, if anyone has not read up on Cloward-Piven - you should do it now. Quote Link to comment Share on other sites More sharing options...
Vambo Posted May 6, 2021 Report Share Posted May 6, 2021 https://www.foxbusiness.com/politics/biden-700-billion-mistake-cost-americans-huckabee Biden American Families Plan’s $700B mistake will cost Americans, Huckabee warns When people say, ‘Oh, they're going to tax the big corporations, but Joe Biden's not going to tax me because I don't make $400,000 a year,’ they don't get it. It's real simple. When you raise the cost of doing business and you tax a corporation – corporations ultimately don't pay tax. They collect the tax for the government and they send it in. But in order to make up for what they had to collect, they simply raise their prices or they cut their expenses. Some of the expenses they cut will be the jobs of the people who are sitting there with a smug look on their face saying, ‘Well, he's not coming after me. Old Joe Biden isn't.’ Yes, he is, because you ultimately will pay for it. … It'll cost more to buy a loaf of bread, a gallon of gas. It'll cost more to buy a car, a house or a board of lumber. And that's where the cost goes up. Quote Link to comment Share on other sites More sharing options...
TexasAg1969 Posted May 6, 2021 Report Share Posted May 6, 2021 22 hours ago, calfoxwc said: so, if anyone has not read up on Cloward-Piven - you should do it now. https://oathkeepers.org/2020/09/the-cloward-piven-strategy/ Oathkeepers dredge up an old conspiracy theory. No surprise there. https://oathkeepers.org/ Quote Link to comment Share on other sites More sharing options...
BaconHound Posted May 6, 2021 Report Share Posted May 6, 2021 Some inflation is not a terrible thing, hyperinflation is. Thr high cost of building materials is a supply vs demand issue, not an inflation one. Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted May 6, 2021 Author Report Share Posted May 6, 2021 17 minutes ago, BaconHound said: Some inflation is not a terrible thing, hyperinflation is. Thr high cost of building materials is a supply vs demand issue, not an inflation one. Did I say that lumber was due to inflation? Lumbers due to short supply supposedly because of some rainy weather but mostly as I understand from a decimated labour force. More of a direct result of the free shit train running off the track. As far as hyper inflation the democrats aren't going to worry about it until it arrives. Kind of the way the republicans aren't going to worry about global warming Until it's 107 in February WSS Quote Link to comment Share on other sites More sharing options...
BaconHound Posted May 6, 2021 Report Share Posted May 6, 2021 8 minutes ago, Westside Steve said: Did I say that lumber was due to inflation? Lumbers due to short supply supposedly because of some rainy weather but mostly as I understand from a decimated labour force. More of a direct result of the free shit train running off the track. As far as hyper inflation the democrats aren't going to worry about it until it arrives. Kind of the way the republicans aren't going to worry about global warming Until it's 107 in February WSS Nope, Canton did and that’s why my post didn’t quote you. 1 Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted May 6, 2021 Report Share Posted May 6, 2021 1 hour ago, TexasAg1969 said: https://oathkeepers.org/2020/09/the-cloward-piven-strategy/ Oathkeepers dredge up an old conspiracy theory. No surprise there. https://oathkeepers.org/ man up and read it. https://en.wikipedia.org/wiki/Cloward–Piven_strategy Cloward–Piven strategy The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven. Quote Link to comment Share on other sites More sharing options...
TexasAg1969 Posted May 6, 2021 Report Share Posted May 6, 2021 2 hours ago, calfoxwc said: man up and read it. https://en.wikipedia.org/wiki/Cloward–Piven_strategy Cloward–Piven strategy The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven. Actually I had read that first before I read the oathkeepers dredging it up again. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted May 6, 2021 Report Share Posted May 6, 2021 4 hours ago, BaconHound said: Some inflation is not a terrible thing, hyperinflation is. Thr high cost of building materials is a supply vs demand issue, not an inflation one. The rising cost of goods & services is the textbook definition of inflation. BTW, the CPI is the metric for inflation. . . Quote Link to comment Share on other sites More sharing options...
BaconHound Posted May 6, 2021 Report Share Posted May 6, 2021 5 minutes ago, Canton Dawg said: The rising cost of goods & services is the textbook definition of inflation. BTW, the CPI is the metric for inflation. . . On that we agree but as you can see the CPI is slightly higher. Using the building material example is disingenuous because supply is what has caused those prices to skyrocket. Automobile prices are increasing due to a microchip shortage, not hyperinflation. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted May 6, 2021 Report Share Posted May 6, 2021 26 minutes ago, BaconHound said: On that we agree but as you can see the CPI is slightly higher. Using the building material example is disingenuous because supply is what has caused those prices to skyrocket. Automobile prices are increasing due to a microchip shortage, not hyperinflation. I have a friend in Florida that told me that a sheet of plywood costs $22 a sheet (this was several years back) and when a hurricane is tracking nearby, that same sheet of plywood goes to $85 a sheet. After the hurricane passes, it reverts back to $22 a sheet. The point being, is the demand for all building materials have been climbing for nearly a year not a short term spike. Quote Link to comment Share on other sites More sharing options...
BaconHound Posted May 6, 2021 Report Share Posted May 6, 2021 1 hour ago, Canton Dawg said: I have a friend in Florida that told me that a sheet of plywood costs $22 a sheet (this was several years back) and when a hurricane is tracking nearby, that same sheet of plywood goes to $85 a sheet. After the hurricane passes, it reverts back to $22 a sheet. The point being, is the demand for all building materials have been climbing for nearly a year not a short term spike. Completely agree but that is a very different conversation from government spending and inflation. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted May 8, 2021 Report Share Posted May 8, 2021 Here’s the list of housing and commodities price jumps in the past 12 months (BTW coffee is up 13%). Lumber: +265% West Texas Intermediate Crude: +210% Gasoline: +182% Brent Crude: +163% Heating oil: +107% Corn: +84% Copper: +83% Soybeans: +72% Silver: +65% Sugar: +59% Cotton: +54% Natural gas: +43% Platinum +52% Palladium: +32% Wheat: +19% Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted May 8, 2021 Author Report Share Posted May 8, 2021 Regardless of the reasons for this rise in prices isn't helped by 2, 3 or 4 trillion dollars flushed down the toilet. WSS PS it doesn't seem as though gasoline is up 182%. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted May 8, 2021 Report Share Posted May 8, 2021 8 minutes ago, Westside Steve said: Regardless of the reasons for this rise in prices isn't helped by 2, 3 or 4 trillion dollars flushed down the toilet. WSS PS it doesn't seem as though gasoline is up 182%. I looked up the price of a gallon of gas in May 2020, which came up as $1.77 a gallon. When I was out and about this morning, the price of gas in Medina was around $2.94 a gallon. That works out to be 166%. However, it’s been my experience that gas prices can vary by region. 1 1 Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted May 8, 2021 Report Share Posted May 8, 2021 liberals will only admit inflation dangers if the president is a republican. but read on: https://thefederalist.com/2021/04/22/as-inflation-rears-its-ugly-head-heres-why-you-should-be-worried/ Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted May 9, 2021 Report Share Posted May 9, 2021 Hoorta and Tex's corrupt joe the schmoe's energy sec blames the gas prices on covid. always excuses for their liberal failures. Get a clue - the inflation did not hit like this while a REAL AMERICAN PRESIDENT - PRESIDENT TRUMP...was in our WH. it's on bumble-brained biden. https://www.theblaze.com/news/energy-secretary-blames-pandemic-soaring-gas-prices 1 Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted May 10, 2021 Author Report Share Posted May 10, 2021 https://ca.finance.yahoo.com/news/dollar-licks-wounds-payrolls-shock-004058195.html?soc_src=aolapp Quote Link to comment Share on other sites More sharing options...
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