VaporTrail Posted April 2, 2023 Report Share Posted April 2, 2023 Eggs were averaging $2 a year ago. Over $4 this month. The fed printed up a lot of money to bail out the banks, and they said that they'd be able to increase the amount to up to $2T. Meanwhile, Russia and China are pushing hard to get a bunch of South American, Asian, and African nations to trade in their currencies instead of the dollar. How much money do you think they'll take out of our economy and put into the parallel one that's being propped up? Where do you think egg prices will be in 3 months? Just today, OPEC+ announced a massive cut in oil production, which should be translated by everyone as a shot across the bow against the American dollar. Gas prices were $4 on average a year ago. We've already taken a deep cut out of our reserves to stave off price increases from cutting Russian oil out of the Western economy. How much do you think gas will be by end of summer? Sourceshttps://www.bloomberg.com/news/articles/2023-03-16/jpmorgan-says-fed-s-loans-will-provide-2-trillion-of-liquidityhttps://www.ft.com/content/f8f3b2cd-6690-4f26-b81e-e972751c8799https://www.reuters.com/world/americas/brazil-central-bank-quadruples-exposure-chinese-yuan-2022-03-31/https://www.bloomberg.com/news/newsletters/2023-04-02/opec-surprise-the-bloomberg-open-americas-edition#xj4y7vzkg 1 Quote Link to comment Share on other sites More sharing options...
nickers Posted April 2, 2023 Report Share Posted April 2, 2023 17 minutes ago, VaporTrail said: Eggs were averaging $2 a year ago. Over $4 this month. The fed printed up a lot of money to bail out the banks, and they said that they'd be able to increase the amount to up to $2T. Meanwhile, Russia and China are pushing hard to get a bunch of South American, Asian, and African nations to trade in their currencies instead of the dollar. How much money do you think they'll take out of our economy and put into the parallel one that's being propped up? Where do you think egg prices will be in 3 months? Just today, OPEC+ announced a massive cut in oil production, which should be translated by everyone as a shot across the bow against the American dollar. Gas prices were $4 on average a year ago. We've already taken a deep cut out of our reserves to stave off price increases from cutting Russian oil out of the Western economy. How much do you think gas will be by end of summer? Sourceshttps://www.bloomberg.com/news/articles/2023-03-16/jpmorgan-says-fed-s-loans-will-provide-2-trillion-of-liquidityhttps://www.ft.com/content/f8f3b2cd-6690-4f26-b81e-e972751c8799https://www.reuters.com/world/americas/brazil-central-bank-quadruples-exposure-chinese-yuan-2022-03-31/https://www.bloomberg.com/news/newsletters/2023-04-02/opec-surprise-the-bloomberg-open-americas-edition#xj4y7vzkg Was at the store the other day... They wanted 7 fucking dollars for a jar of Hellmans Mayo... This shit is getting way out of hand... Quote Link to comment Share on other sites More sharing options...
VaporTrail Posted April 2, 2023 Author Report Share Posted April 2, 2023 Here's another one from this week. Japan was feeling the squeeze and actually did this before OPEC+ gave the West a big middle finger by cutting supply. The US is running out of allies. We'll get hit by inflation at the pump, but at least we can stave some of it off long-term by increasing domestic oil production. If we have $5 gas or if Biden admin empties the rest of the strategic petroleum reserve to keep gas prices down, then we are going to be in for a fun 2024 election. As bad as we will feel the squeeze from this, Europe is going to really feel some pain. They don't have any domestic oil supply to fall back on. There are going to be some very difficult decisions to be made as to whether or not they want to keep supporting the economic sanctions on Russia, or if they'd rather sacrifice Ukraine for cheaper gas. The unipolar world we grew up in no longer exists. https://www.wsj.com/articles/japan-breaks-with-u-s-allies-buys-russian-oil-at-prices-above-cap-1395accb Quote Link to comment Share on other sites More sharing options...
Vambo Posted April 3, 2023 Report Share Posted April 3, 2023 Quote Link to comment Share on other sites More sharing options...
Axe Posted April 3, 2023 Report Share Posted April 3, 2023 Fuck every one of you POS lefties that voted for this shit show 3 Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted April 3, 2023 Report Share Posted April 3, 2023 Who is or isn't an ally is pretty much meanenglish. Countries are allies as long as they have something mutually beneficial to offer each other. Nationalism is unfortunately no longer hip in the united states of america. By focusing on a ridiculous woke agenda and trying to sabotage our own business interests we are allowing these other countries to take the reins. They aren't our allies they aren't our enemies. They are our comyesterday and we are allowing them the upper hand. Absolutely no reason the United States Isn't maximizing output and selling oil to Japan instead of the ruskies. As for inflation? The only way to slow it down is put the clamps on the economy a la Paul Volcker. But don't kid yourselves it won't repair the damage that's already been done. WSS Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted April 3, 2023 Report Share Posted April 3, 2023 between obaMao and biden complete and total clusterfook regimes, so many of those fools who voted for them - don't know that we can not be depended upon as an ally. NATO is probably terrified of relying on us, too. "we'll just go to war with America, because they will surrender when the "democrats" win an election" Our gov is completely witless and helpless to lead. There's going to be a war. And yes, inflation gets completely out of control - but leftwingers only go by their own emotions - never facts. and legit history is FACT. and it often repeats itself. Like pre WWI and WWII...we are headed for disastrous hard times we will have to fight our way out of. https://www.historydefined.net/german-hyperinflation/ https://www.whitehouse.gov › cea › written-materials › 2021 › 07 › 06 › historical-parallels-to-todays-inflationary-episode Historical Parallels to Today's Inflationary Episode Jul 6, 2021Since World War II, there have been six periods in which inflation—as measured by CPI—was 5 percent or higher. This occurred in 1946-48, 1950-51, 1969-71, 1973-82, and 2008. Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted April 3, 2023 Report Share Posted April 3, 2023 https://redstate.com/nick-arama/2023/04/03/gas-is-going-to-go-back-up-in-latest-saudi-slap-to-biden-and-thats-the-good-news-n725571 Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted April 3, 2023 Report Share Posted April 3, 2023 I wonder if Larry’s “senile but sane” choice for Prez will take a bow for his contribution to this clusterfuck? Looks like Dementia Joe’s inflation rages on after this upcoming gas price hike. Quote Link to comment Share on other sites More sharing options...
DieHardBrownsFan1 Posted April 3, 2023 Report Share Posted April 3, 2023 Saudi's are saying fuck you to demented Joe, and we are going to pay for it. 1 Quote Link to comment Share on other sites More sharing options...
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