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Inflation Nation

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pipistrelle
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Re: Inflation Nation

#51

Post by pipistrelle »

MN-Skeptic wrote: Fri Jul 29, 2022 1:43 am Similar to mine -
► Show Spoiler
It is interestingly similar.
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MN-Skeptic
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Re: Inflation Nation

#52

Post 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.
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raison de arizona
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Re: Inflation Nation

#53

Post by raison de arizona »

How Ford is fighting dealership inflation, with a side of Tesla.
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RTH10260
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Re: Inflation Nation

#54

Post 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.
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raison de arizona
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Re: Inflation Nation

#55

Post 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.
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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Re: Inflation Nation

#56

Post by Volkonski »

“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
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MN-Skeptic
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Inflation Nation

#57

Post by MN-Skeptic »



Yeah. That’ll work.
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Inflation Nation

#58

Post by Foggy »

Nixon tried it.
Out from under. :thumbsup:
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Inflation Nation

#59

Post by RTH10260 »

Seems like i never expierience a price hike, I always fill $20 of gas...
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Inflation Nation

#60

Post 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.
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
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Inflation Nation

#61

Post 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.
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
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Inflation Nation

#62

Post by raison de arizona »

This is old news, but it's worth remembering and referencing every time a Republican complains about "Bidenflation" or whatever.
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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Inflation Nation

#63

Post by raison de arizona »

Rep. Katie Porter @RepKatiePorter wrote: Bigger corporate profits account for *over half* of the higher prices people are paying.
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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raison de arizona
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Inflation Nation

#64

Post by raison de arizona »

Clearly not everything that is going on, but apparently half of it.
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#65

Post by AndyinPA »

Good definition. Certainly apt.
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Lani
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Inflation Nation

#66

Post 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.
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Inflation Nation

#67

Post 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)
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Lani
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Inflation Nation

#68

Post 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

#69

Post by raison de arizona »

Thanks, Biden.
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Inflation Nation

#70

Post by AndyinPA »

The R base will never believe it.
"Choose your leaders with wisdom and forethought. To be led by a coward is to be controlled by all that the coward fears… To be led by a liar is to ask to be told lies." -Octavia E. Butler
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raison de arizona
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Inflation Nation

#71

Post 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.
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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MN-Skeptic
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Inflation Nation

#72

Post 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.
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