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Re: Inflation Nation

Posted: Fri Jul 29, 2022 11:17 pm
by pipistrelle
MN-Skeptic wrote: Fri Jul 29, 2022 1:43 am Similar to mine -
► Show Spoiler
It is interestingly similar.

Re: Inflation Nation

Posted: Sat Jul 30, 2022 12:57 am
by MN-Skeptic
pipistrelle wrote: Fri Jul 29, 2022 11:17 pm
MN-Skeptic wrote: Fri Jul 29, 2022 1:43 am Similar to mine -
► Show Spoiler
It is interestingly similar.
Currently 42% stock, 58% bonds, some cash, etc.

Re: Inflation Nation

Posted: Wed Aug 03, 2022 10:57 pm
by raison de arizona
How Ford is fighting dealership inflation, with a side of Tesla.

Re: Inflation Nation

Posted: Thu Aug 04, 2022 3:04 am
by RTH10260
Problem for Ford: if they restrict price markups too much then a third party with cash at hand will buy at prescribed dealer price and flip/resell the unit to a regional market with the most demand at "auction price" value.

Re: Inflation Nation

Posted: Thu Aug 04, 2022 9:50 am
by raison de arizona
RTH10260 wrote: Thu Aug 04, 2022 3:04 am Problem for Ford: if they restrict price markups too much then a third party with cash at hand will buy at prescribed dealer price and flip/resell the unit to a regional market with the most demand at "auction price" value.
re: see the ticket industry.

Re: Inflation Nation

Posted: Wed Sep 21, 2022 2:14 pm
by Volkonski

Inflation Nation

Posted: Thu Oct 06, 2022 11:09 am
by MN-Skeptic


Yeah. That’ll work.

Inflation Nation

Posted: Thu Oct 06, 2022 11:11 am
by Foggy
Nixon tried it.

Inflation Nation

Posted: Thu Oct 06, 2022 1:14 pm
by RTH10260
Seems like i never expierience a price hike, I always fill $20 of gas...

Inflation Nation

Posted: Thu Oct 06, 2022 2:05 pm
by Volkonski
MN-Skeptic wrote: Thu Oct 06, 2022 11:09 am

Yeah. That’ll work.
The store shelves in Belarus will soon be empty.

Inflation Nation

Posted: Thu Oct 06, 2022 2:10 pm
by Volkonski
Foggy wrote: Thu Oct 06, 2022 11:11 amNixon tried it.
I was in college during Nixon's wage and price controls. During the summers I worked at the grocery store I had worked at during high school. When the store put items on a weekly sale customers would complain the next week when the price went back up to the usual price.

Inflation Nation

Posted: Mon Oct 17, 2022 6:19 pm
by raison de arizona
This is old news, but it's worth remembering and referencing every time a Republican complains about "Bidenflation" or whatever.

Inflation Nation

Posted: Tue Oct 18, 2022 7:09 pm
by raison de arizona
Rep. Katie Porter @RepKatiePorter wrote: Bigger corporate profits account for *over half* of the higher prices people are paying.

Inflation Nation

Posted: Sat Oct 22, 2022 6:55 pm
by raison de arizona
Clearly not everything that is going on, but apparently half of it.
Image

Inflation Nation

Posted: Sun Oct 23, 2022 9:27 pm
by AndyinPA
Good definition. Certainly apt.

Inflation Nation

Posted: Fri May 12, 2023 1:59 am
by Lani
It now takes a six-figure salary for a family of 4 to make ends meet in Hawai‘i
https://www.civilbeat.org/2023/05/it-no ... in-hawaii/
The minimum income needed to pay for basic essentials as a family of four in Hawaii has ballooned to $104,052 a year, according to a report released Wednesday by the nonprofit Aloha United Way.

The rapid rise in Hawaii’s cost of living — an 18% jump in the basic survival budget for families and a 26% increase for individuals between 2019 and 2021 — is dramatic, even to researchers who had anticipated seeing an increase.

“I think for all of us it was more significant than we had even imagined,” said Suzanne Skjold, chief operating officer of Aloha United Way.
Workers assist in sorting packaged food at the Hawaii Foodbank warehouse located at 2611 Kilihau Street.

The report released Wednesday is part of an effort to track the needs of people living in poverty but also those who are overlooked by federal poverty statistics but are still living paycheck-to-paycheck — a group referred to by the acronym ALICE: asset limited, income constrained, and employed.

Around 41% of Hawaii residents fall below the ALICE threshold, with 12% living under the federal poverty line — the highest percentage in more than a decade.

Inflation Nation

Posted: Fri May 12, 2023 2:16 am
by neonzx
Lani wrote: Fri May 12, 2023 1:59 am It now takes a six-figure salary for a family of 4 to make ends meet in Hawai‘i
https://www.civilbeat.org/2023/05/it-no ... in-hawaii/
Not sure this is new information. Us po-folks who grew up and live on the mainland always assumed those persons in Hawaii were wealthy to afford that lifestyle. 8-) Even Barack left as soon as he could (after sneaking in from Kenya, of course)

Inflation Nation

Posted: Fri May 12, 2023 2:59 am
by Lani
It's been expensive forever, but this is a big jump. We also still have empty shelves after the pandemic. I was lucky to get a good raise a few months ago, so I can continue to save for retirement - which is coming up soon.
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Inflation Nation

Posted: Tue Jul 18, 2023 2:21 pm
by raison de arizona
Thanks, Biden.
Image

Inflation Nation

Posted: Wed Jul 19, 2023 5:18 pm
by AndyinPA
The R base will never believe it.

Inflation Nation

Posted: Sun Feb 04, 2024 4:47 pm
by raison de arizona
https://x.com/rbreich/status/1754218768056668627
Robert Reich @RBReich wrote: New research shows that corporate profits drove 53% of inflation during the 2nd and 3rd quarters of 2023.

During the 40 years prior to the pandemic, profits drove just 11% of price growth.

News flash: Corporations used inflation as cover to squeeze more money out of you.

Inflation Nation

Posted: Sun Feb 04, 2024 4:53 pm
by MN-Skeptic
raison de arizona wrote: Sun Feb 04, 2024 4:47 pm https://x.com/rbreich/status/1754218768056668627
Robert Reich @RBReich wrote: New research shows that corporate profits drove 53% of inflation during the 2nd and 3rd quarters of 2023.

During the 40 years prior to the pandemic, profits drove just 11% of price growth.

News flash: Corporations used inflation as cover to squeeze more money out of you.
And this is one of the reasons I own stock.

Inflation Nation

Posted: Fri Apr 05, 2024 2:35 pm
by raison de arizona
It's a real mystery where all this inflation came from.
Image

Inflation Nation

Posted: Fri Apr 05, 2024 5:25 pm
by RTH10260
Dang - the former guy just missed out on his bestest numbaahhhs evahhh :roll: