I'm surprised there's not an inflation thread yet by 6IXSTRINGJACK

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Here are inflation expectations over the next 30 years as estimated by the Cleveland Fed:

https://jabberwocking.com/my-crystal-ball-says-1-inflation-by-the-end-
of-the-year/

1-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=Ycm5

2-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD27

3-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD2e

4-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD2o

5-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD2x

6-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD2C

7-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD2I

8-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD2R

9-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD30
\

10-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD37

15-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD43

20-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD3O

25-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YD4a

30-Year Expected Inflation
https://fred.stlouisfed.org/graph/?g=YnOn

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, January 12, 2023 6:04 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

We are still a few months away from the Fed having any effect on inflation

I suppose it's pointless to keep repeating this since no one ever listens, but can we please stop this nonsense?

Quote:
The Fed May Finally Be Winning the War on Inflation. But at What Cost?

[Neel] Kashkari insists...taming inflation must be the priority. “The sooner we take the medicine,” he says, “the less painful it will be.”

The medicine appears to be working — inflation is moderating, and some economists think that we have seen the worst of it.

The Fed is not winning anything and the patient hasn't been given any medicine yet. Nothing that's happened in the past year is related to Fed activity in any way. I assume that even the hard core forward guidance folks agree that six or seven months is far too short a time for the Fed's interest rate hikes to have affected the economy.

The Fed's war on inflation begins in Summer 2023, when its interest rate hikes and its public statements start to affect inflation. If inflation goes up over the next few months and only then declines in the summer, the Fed will have proven itself farsighted. But if inflation keeps going down and then the economy crashes midway through the year, the Fed will have proven itself about as competent as a Russian general. Wait and see.

https://jabberwocking.com/we-are-still-a-few-months-away-from-the-fed-
having-any-effect-on-inflation/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, January 12, 2023 10:47 PM

I just saw a dozen eggs at ALDI for $5.17.

I used to be able to buy 72 eggs at Sam's Club for $7.50 when Trump was President.

Fuck Joe Biden.

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Sunday, January 15, 2023 12:58 PM

CNN: Americans are spending an extra $371 a month because of inflation

https://www.cnn.com/2023/01/14/economy/us-consumers-higher-spending-in
flation

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Monday, January 16, 2023 7:28 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
I just saw a dozen eggs at ALDI for $5.17.

I used to be able to buy 72 eggs at Sam's Club for $7.50 when Trump was President.

Fuck Joe Biden.

You are such a deep thinker!

Avian flu outbreak keeps egg supply tight as inflation rises

Updated Jan. 14, 2023 8:37 am ET

Egg prices are soaring as the deadliest avian influenza outbreak on record devastates poultry flocks across the country.

The price of eggs rose 11.1% last month compared with the month before and was up nearly 60% in December from the prior year, according to Thursday’s consumer-price index, a measurement of what consumers pay for goods and services. Overall inflation eased to 6.5%, according to this week’s federal data.

Here’s what you should know.
What are egg prices now?

Egg prices have dropped slightly from record highs last month, but the grocery staple remains more expensive than usual and continues to squeeze consumer budgets.

The price of eggs rose more than any other grocery item in 2022, according to Information Resources Inc. Wholesale prices of Midwest large eggs dropped to $4.18 a dozen this week from a high of $5.46 a dozen in December, according to research firm Urner Barry. In mid-January 2022, wholesale prices of Midwest large eggs were $1.30 a dozen.

Some retailers say egg prices typically drop after December, as demand cools following a surge driven by holiday baking and cooking.

At Piggly Wiggly stores in Alabama and Georgia, egg prices fell about 50 cents a dozen this week to $6.43, the first drop in months, said Keith Milligan, the company’s controller. Prices are likely to stay around the current level until declining further in February or March, he said, when suppliers expect new flocks of laying hens to help provide more supply.

“Retailers will be reluctant to bring prices back to ‘normal’ levels for quite some time,” said Brian Earnest, an animal protein economist at agricultural lender CoBank.

Why are egg prices so high?

Since the start of 2022, highly pathogenic avian influenza has led to the deaths of about 58 million birds. It is the deadliest outbreak of all time and the worst one since 2015, when 50 million birds were culled, according to U.S. Agriculture Department data.

U.S. egg inventories were 29% lower in the final week of December 2022 than at the beginning of 2022, according to the USDA. More than 43 million egg-laying hens had died as a result of the malady by the end of December.

“Lower-than-usual shell egg inventories near the end of the year, combined with increased demand stemming from the holiday baking season, resulted in several successive weeks of record-high egg prices,” USDA economists said in a January research note.

Egg prices have also increased as part of overall food inflation driven by rising costs of labor, ingredients and logistics. Higher feed and transportation costs for producers mean shoppers will continue to face elevated egg prices even when the bird flu’s effects diminish, said CoBank’s Mr. Earnest.
Why is this bird flu outbreak so deadly?

Agriculture industry officials and analysts have attributed the rapid spread of the virus to wild birds carrying it to farms as they migrate. To limit the spread of the virus, whole poultry flocks are killed after an infection is confirmed.

While the 2015 outbreak ended in June of that year, cases in 2022 continued to appear in various parts of the country throughout the fall and winter.

Poultry processors invested in new biosecurity measures and other precautions to mitigate the spread between farms. However, spreading the virus can be as simple as a worker stepping on wild bird fecal matter and forgetting to clean his or her boots before entering a commercial barn—leading to the death of an entire flock.
Is there an egg shortage?

There have been spotty shortages of eggs, but not a widespread one. The American Egg Board, which represents egg producers, has said shortages are rare. According to the Egg Board, farms are recovering faster than they did in 2015, bouncing back after an outbreak in roughly three months. Recovering from the previous outbreak took farms six to nine months.

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Kroger Co., KR -0.99%decrease; red down pointing triangle

the nation’s biggest supermarket chain, said its egg supply remains adequate, while some regional chains have said they are dealing with intermittent shortages.

Organic eggs and other specialty eggs, which are sold to retailers and distributors on a fixed-price basis, have sometimes been cheaper than conventional varieties in recent months. Organic eggs have been harder to find in some instances because retailers are seeking to stock more of them.
What are supermarkets and food companies doing about the egg situation?

Because eggs are a staple product for U.S. consumers, grocers try to keep prices competitive. In fact, some retailers said they have sacrificed some profits on eggs for months to keep prices on shelves as low as possible.

There aren’t many substitutes for eggs. Supermarket operators have said they are trying to secure more plant-based egg alternatives or specialty varieties such as organic eggs.

The largest U.S. egg producer, Cal-Maine Foods Inc., CALM -1.17%decrease; red down pointing triangle

last month said the avian influenza outbreak will keep the overall supply of eggs tight until the national egg-laying chicken flock is replenished.
What other products are affected?

The supply of turkeys is also tight, with the avian flu leading to the deaths of about 10 million commercial turkeys, according to the USDA. Turkey breast meat prices in the spring of 2022 climbed above $6.50 a pound, an all-time high, and have stayed elevated since, according to federal data.

Executives at Hormel Foods Corp., the second-largest turkey processor by volume behind Butterball LLC, said in a November earnings call that lower turkey production is expected through at least the first half of 2023.

“Breast meat prices remain historically high and have yet to moderate,” said Jacinth Smiley, Hormel’s chief financial officer, in November.

https://www.wsj.com/articles/egg-prices-shortage-avian-flu-11673629381

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, January 16, 2023 7:29 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

The pay for workers is just another price, but the people who actually set all prices have decided they do NOT want to pay much more for labor than they have always paid.

Here are average weekly earnings for full-time workers: Since 2000, men's earnings have gone up $2 per year, adjusting for inflation. Since 2019, men's earnings have gone down $1 per year.

Since 2000, women's earnings have gone up $6 per year, adjusting for inflation. Since 2019, women's earnings have gone up $7.50 per year.

NOTE: This is the median for full-time workers and does not include those who don't work or work only part-time. Thus, it doesn't account for the fact that fewer people are working than in 2000. Compared to 2000 levels, about 300,000 more women are working and 2 million fewer men.

https://jabberwocking.com/raw-data-earnings-of-full-time-workers/

Ever wonder how that happened? Canadians can give you hints because what happens in the USA is also happening in Canada. It comes down to the fact that if the rich who are setting prices for everything raise the price they paid for labor, the rich won’t be prospering as much as they deserve, in their opinion:

Billionaire wealth surged in 2022 with rapidly rising food and energy profits. The Oxfam report shows that 95 food and energy corporations have more than doubled their profits in 2022. They made $306 billion in windfall profits, and paid out $257 billion (84 per cent) of that to rich shareholders.

Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years

Sun, January 15, 2023 at 6:05 p.m. CST·8 min read

OTTAWA, ON, Jan. 15, 2023 /CNW/ - The richest one per cent grabbed nearly two-thirds of all new wealth created since 2020, worth $42 trillion, almost twice as much money as the bottom 99 per cent of the world's population, according to a new Oxfam report.

"Survival of the Richest" is being released as political and business elites gather at the World Economic Forum in Davos, Switzerland this week. https://www.oxfam.ca/publication/davos-report-2023/ These elites are gathering in the Swiss ski resort as extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years.

In Canada, billionaires have seen their wealth grow by a staggering 51 per cent since the pandemic began. This accelerated a trend that was already driving wealth inequality in Canada over the past decade. For every $100 of wealth created in the last 10 years, $34 has gone to the richest 1 per cent and only $5 to the bottom 50 per cent. This means that the richest 1 per cent have gained nearly seven times more wealth than the bottom 50 per cent in the last 10 years.

"Canadians are making daily sacrifices on essentials like food and utility bills, while the super-rich have outdone even their wildest dreams. Just two years in, this decade is shaping up to be the best yet for billionaires," said Lauren Ravon, Executive Director of Oxfam Canada.

"Taxing the super-rich and big corporations is the door out of today's overlapping crises. It's time we demolish the convenient myth that tax cuts for the richest result in their wealth somehow 'trickling down' to everyone else. Forty years of tax cuts for the super-rich have shown that a rising tide doesn't lift all ships — just the superyachts."

More at https://ca.finance.yahoo.com/news/richest-1-bag-nearly-twice-000500995
.html

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, January 16, 2023 9:00 AM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
I just saw a dozen eggs at ALDI for $5.17.

I used to be able to buy 72 eggs at Sam's Club for $7.50 when Trump was President.

Fuck Joe Biden.
You are such a deep thinker!

It doesn't take a deep thinker when the math is that bad.

Quote:
A bunch of apologist bullshit that Second would be raging against if Trump were President now and the exact same thing was happening

Get fucked.

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Monday, January 16, 2023 9:35 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
I just saw a dozen eggs at ALDI for $5.17.

I used to be able to buy 72 eggs at Sam's Club for $7.50 when Trump was President.

Fuck Joe Biden.
You are such a deep thinker!

It doesn't take a deep thinker when the math is that bad.

Quote:
A bunch of apologist bullshit that Second would be raging against if Trump were President now and the exact same thing was happening

Get fucked.

Bird flu killed off 40 million hens, meaning that 40 million fewer eggs are laid per day, but Americans eat about 400 million eggs per day if you count everything that has eggs in it. The sellers of eggs see a golden opportunity: 10% fewer eggs on the market means they can raise prices by 500%. Did you notice that the President has no control over the price of eggs? Probably you didn't, which is so funny that you can't see what is completely obvious.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, January 16, 2023 11:40 AM

Apologist.

Refer to the first post in this thread and compare it to today.

The Biden* administration is the worst that America has ever had.

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Monday, January 16, 2023 8:27 PM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
Apologist.

Refer to the first post in this thread and compare it to today.

The Biden* administration is the worst that America has ever had.

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I guessed that Americans ate 365 eggs per year, or an egg per day.
It turns out it is only 286.5 eggs per year.
https://www.statista.com/statistics/183678/per-capita-consumption-of-e
ggs-in-the-us-since-2000/

I also assumed that hens laid 365 eggs per year, or an egg per day.
It turns out it is only 250 eggs per year.
https://www.purinamills.com/chicken-feed/education/detail/how-long-do-
chickens-lay-eggs-goals-for-laying-hens

The results are still about the same.

40,000,000 dead chickens not laying eggs because dead chickens don't lay eggs. A small decrease in the supply of eggs caused a 500% increase in egg prices, but that wasn't because hens were paid 500% more per egg. It was because egg sellers saw an opportunity to gouge their customers. It is a great time to be in the egg selling business. And when the prices drop several dollars per dozen eggs because people stop buying since the sellers got too greedy, the egg sellers will miss these wonderful times when buyers were so stupid and gullible.

6ix, if you think Biden has a few billion fresh eggs stored in government refrigerators that he can move to grocery stores in order to control the greedy egg sellers by flooding the shelves with an abundance of eggs, you are mistaken.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, January 16, 2023 11:07 PM

Birds weren't dying of Bird Flu when Trump was President.

Gas was $2.30 steady while Trump was President.

Food was affordable when Trump was President.

Heating your home was affordable when Trump was President.

You could buy baby formula and tampons when Trump was President.

OPEC didn't laugh at our President when Trump was President.

Joe* is a loser. Joe* is a loser who surrounded himself with a bunch of loser gays and loser women and loser minorities that weren't qualified for the jobs they're supposed to be doing because they ticked off the woke checkboxes, and unlike having them in Hollywood where they just make one bad movie after another that you can just easily ignore, these people are ruining the quality of life for hundreds of millions of American citizens.

Go fuck yourself.

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Tuesday, January 17, 2023 6:11 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
Birds weren't dying of Bird Flu when Trump was President.

Gas was $2.30 steady while Trump was President.

Food was affordable when Trump was President.

Heating your home was affordable when Trump was President.

You could buy baby formula and tampons when Trump was President.

OPEC didn't laugh at our President when Trump was President.

6ix, picking a different commodity than gasoline, natural gas, baby formula, eggs, etc. might make it clearer to you how inflation operates.

The commodity is DIAMOND GEMS. This inflation game is run by the sellers, not by Biden or Trump, neither of who have any control over diamond prices. There is something called blood diamonds that sellers can use to justify high prices for gems, just like egg sellers use bird flu, which cut back their flocks by 10%, to justify raising the price of eggs by 500%. But whether it is eggs or gems, sellers are depending on the psychology of buyers to get the buyers to pay ridiculously high prices.

Hopefully, 6ix, you already understand that diamond gems sell for many times higher prices than diamonds are worth. If you don't see that, then nothing makes any sense and you will continue to believe that diamonds are actually very reasonably priced because of their natural rarity and the difficulties in running diamond mines in Africa.

What Determines Diamond Cost?
https://www.gemsociety.org/article/what-determines-diamond-cost/
This article does NOT demystify how prices are set: “Diamonds used to go through the hands of several intermediaries (as many as eight) from mine to wholesale to retail. Each of them took a cut before the diamonds reached retail.”

But there is a documentary from Showtime that does demystify. The sellers of diamonds understand how to get buyers to overpay:

The DeBeers diamond cartel cornered the market on eternal love with “A diamond is forever,” but now a wave of undetectable synthetic diamonds has flooded global gem markets, threatening to expose the artifice that props up a multi-billion dollar industry.

Can you tell the real thing from a fake? What if the difference no longer matters? Interviewing diamond merchants, DeBeers executives, auctioneers, gemologists, designers, investigators and scientists, this film explores one of the most beautiful lies ever told.

Nothing Lasts Forever (2022)
https://www.imdb.com/title/tt16317380/

https://www.rottentomatoes.com/m/nothing_lasts_forever

‘Nothing Lasts Forever’ Review: Brilliant Diamond Doc Reveals What Could Burst the Bauble Bubble

It takes perhaps a billion years to make a diamond, and just 87 minutes to shatter so many of the misconceptions audiences have about them in “Nothing Lasts Forever.” Make that eight minutes. That’s roughly the point at which jewelry designer (and “Stone” author) Aja Raden — the only woman interviewed in Jason Kohn’s wild, decade-long delve into the secretive world of the diamond industry — offers up this gem: “The truth about diamonds is: They’re all exactly the same, and none of them are really worth anything.”

For some, that revelation could hit with the force of being told there’s no Santa Claus, even though it’s been an open secret for ages. Most audiences probably already have some inkling of how the De Beers diamond cartel took a not-particularly-rare stone and infused it with value by cornering the market, stockpiling most of the world’s supply and controlling the release at such a rate as to set the price. (This phenomenon is hardly limited to gems.) None of this would matter if the demand weren’t there, but it is, thanks to one of the most successful marketing campaigns of all time: the infamous “A diamond is forever” tagline, whereby De Beers convinced the world that only a diamond would do for wedding engagement purposes.

All of this context is entertainingly woven throughout “Nothing Lasts Forever,” though the core of Kohn’s inquiry concerns the emergence of synthetic diamonds and how these lab-grown alternatives are affecting the market — a market that was human-made to begin with, somewhere between tulip bulbs and NFTs in the loony history of mass delusions. We’re talking about “carbon copies,” in the most literal sense, and how there’s now almost no limit on the quantity that can be produced.

At a molecular level, there’s practically no meaningful difference between natural and synthetic stones . . . Does it matter? To the industry it does. After all, prices are essentially invented, and the so-called value of a diamond exists largely in the head of the person who receives it.

Many of the experts Kohn interviews took some serious convincing to participate. His big get is De Beers CEO Stephen Lussier, who married into the Oppenheimer family but still recalls his humble origins, shoveling snow from childhood neighbor Tracy Hall’s driveway (Hall was a pioneer in the field of synthetic diamonds for General Electric).

More at https://variety.com/2022/film/reviews/nothing-lasts-forever-review-dia
monds-1235180591/

Aja Raden was interviewed for this documentary. As jewelry designer and author Aja Raden puts it, “The diamond was never real either. The diamond was always a lie. So the synthetic diamond is just a lie about a lie.” She has written several books about the subject matter:

1. “Gem. The Definitive Visual Guide”

2. “Stoned – Jewelry, Obsession, and How Desire Shapes the World”

But the most important book for understanding inflation is

3. “The Truth About Lies – The Illusion of Honesty and the Evolution of Deceit”

Download all these books for free from the mirrors at https://libgen.unblockit.ink/search.php?req=Aja+Raden

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Tuesday, January 17, 2023 9:56 AM

Quote:
Originally posted by second:
Hopefully, 6ix, you already understand that diamond gems sell for many times higher prices than diamonds are worth. If you don't see that, then nothing makes any sense and you will continue to believe that diamonds are actually very reasonably priced because of their natural rarity and the difficulties in running diamond mines in Africa.

Diamonds aren't worth shit. Diamonds were never worth shit. Kindergartners know that in 2023.

Next.

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Tuesday, January 17, 2023 10:50 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Hopefully, 6ix, you already understand that diamond gems sell for many times higher prices than diamonds are worth. If you don't see that, then nothing makes any sense and you will continue to believe that diamonds are actually very reasonably priced because of their natural rarity and the difficulties in running diamond mines in Africa.

Diamonds aren't worth shit. Diamonds were never worth shit. Kindergartners know that in 2023.

Next.

Diamonds are only an example of a commodity price that is not controlled by the President of the US. And pretty much everybody knows that about diamonds and Presidents. But there are still some people who keep insisting that Presidents control the prices of other commodities such as gasoline, eggs, baby formula, natural gas, rent, milk, etc. Sorry to tell those people, but commodity prices are controlled by the sellers of commodities, not the President. The sellers strongly hope that buyers misunderstand who is cheating them out of their money. It is a great advantage for sellers if the President gets blamed for price gouging rather than the sellers.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Tuesday, January 17, 2023 11:58 AM

The Tax Implications for Small Businesses Inside the Omnibus

https://www.realclearmarkets.com/articles/2023/01/17/the_tax_implicati
ons_for_small_businesses_inside_the_omnibus_875994.html

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Tuesday, January 17, 2023 5:48 PM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Why are egg prices still so hard to crack?

the average price on a dozen “Midwest large” eggs was up to $5.46 as of late December 2022, well above the $0.89 it was at at the start of 2020

https://www.vox.com/2023/1/17/23559013/egg-prices-bird-flu-inflation-a
vian-influenza

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Tuesday, January 17, 2023 8:11 PM

Makes no matter to me. I stopped buying eggs when they went over $2.

Fuck eggs.

ETA:

Quote:
(In addition, as Torrella notes, maybe the way to be really good here is to start giving the chickens a vaccine.)

Double fuck eggs. I won't be ingesting that shit. Have fun letting me know how the mutant eggs react with your Covid jabs everyone.

SPOILER ALERT:

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Monday, January 23, 2023 7:36 PM

AXIOS: Data shows the rent is (still) too damn high

https://www.axios.com/2023/01/23/data-shows-the-rent-is-still-too-damn
-high

FOX BUSINESS: Consumers are piling on credit card debt, flashing signs of potential crisis

https://www.foxbusiness.com/economy/consumers-piling-on-credit-card-de
bt-flashing-signs-potential-crisis

(archive link to avoid paywall): https://archive.ph/VWadb

But by all means, let's keep talking about everything that isn't about The People.

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Tuesday, January 24, 2023 11:05 AM

Egg prices rose 60% in 2022. One farm group claims it’s a ‘collusive scheme’ by suppliers

https://www.cnbc.com/2023/01/23/high-egg-prices-due-to-a-collusive-sch
eme-by-suppliers-group-claims.html

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Tuesday, January 24, 2023 11:08 AM

FOX NEWS (by Bernie Sanders): Greedy pharma firms rip off Americans while Pfizer, Moderna swim in profits

5 of the largest US pharma firms totaled $80 billion in profits, but millions of Americans can’t afford medicine

https://www.foxnews.com/opinion/greedy-pharma-firms-rip-off-americans-
while-pfizer-moderna-swim-profits

Don't forget to mention that you voted in the affirmative on a 1.7 Trillion Omnibus Bill that will strip 19 Million Americans of their medicaid coverage come April, Bernie.

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Tuesday, January 24, 2023 11:48 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:

Don't forget to mention that you voted in the affirmative on a 1.7 Trillion Omnibus Bill that will strip 19 Million Americans of their medicaid coverage come April, Bernie.

In Florida, Republican Governor DeSantis decided he will be stripping people of Medicaid. He is not forced to, but he is doing it just because he wants to:

State projects 1.75 million Floridians could lose Medicaid coverage as pandemic-era law expires | By Stephanie Colombini
Published January 23, 2023 at 9:17 AM EST

States were not allowed to kick people off Medicaid during the pandemic even if they no longer qualified. As of April 1, they can. Health policy experts fear some people who remain eligible could still lose coverage during the process.

More than 1 million Floridians could lose Medicaid coverage this year as the state seeks to return enrollment to pre-pandemic levels.

The state can start disenrolling people who aren't eligible for the program anymore on April 1. It will be the first time the state has been able to do this since 2020, when the federal government mandated people enrolled in Medicaid get continuous coverage. Since then, enrollment in Florida’s program has nearly doubled, with more than 5 million beneficiaries as of last month.

A spending bill passed late last year changed that, including a provision that lets states begin to remove beneficiaries who no longer qualify.

States that do this will lose access to some federal matching funds. To help cover the cost of providing continuous coverage throughout the pandemic, Congress boosted Medicaid matching funds by 6.2%. That will drop down to 5% starting April 1, and will continue to gradually decline every few months this year.

Officials with the Florida Department for Children and Families say they have already identified about 900,000 cases of people who are no longer eligible for the state’s Medicaid program due to changes in income, age or other factors. Some of those people may qualify for other health coverage, such as the Florida KidCare program.

Of biggest concern to health policy experts like Joan Alker, executive director of Georgetown University's Center for Children and Families, are the folks who remain eligible but could slip through the cracks if bureaucratic issues arise.

“They are unable to get through to the state's call center if it's overwhelmed with calls to get help with the application, they don't get the letter in the mail about this renewal process and they lose coverage,” she cited as examples. “And maybe a parent is going to show up at a pharmacy and try to get their child's asthma prescription extended and the pharmacist is going to say, ‘Oh you're uninsured,’ and that’s how they find out.”

DCF estimates there are another 850,000 Medicaid recipients who haven't responded to requests for updated information and are at risk of losing coverage. Some may have gotten other health insurance in recent years, but Alker expects many may not have received or understood the communication.

She is especially worried about children in Florida, as they account for the largest portion of Medicaid beneficiaries in the state. Most will likely still be eligible for coverage this year, so Alker says it’s imperative the state ensure they don’t experience any disruptions in care due to administrative issues.

“If the state sees those kinds of coverage losses happening, it's really time to press the pause button,” she said.

The Department of Children and Families, which handles determining Medicaid eligibility, recently published a plan for how it will move forward with renewals. Officials say they will phase out the process over the course of 12 months. The Agency for Health Care Administration actually administers the Medicaid services.

Alker says it’s important the state take their time with this and provide resources to help families navigate renewals. This includes doing outreach in multiple languages for residents with limited English proficiency and partnering with organizations that have trusted relationships in communities. It also involves having adequate staffing at call centers to handle the expected influx in calls.

DCF officials say they have boosted staff at call centers and will provide individual-focused messaging in English, Spanish and Haitian Creole.
How to get help

Enrollees should make sure their contact information on file with the state is accurate, especially those with unstable living situations, Alker stressed. People should also look out for messaging from the state in the coming months.

DCF’s Office of Economic Self Sufficiency has a customer call center residents can reach at 850-300-4323. They can also dial 711 for Florida Relay or TTY 1-800-955-8771.

Primary care physicians, health clinics and Medicaid managed care plan operators are also good resources for assistance, said Alker.

Georgetown’s Center for Children and Families published a report last year that found Florida had a large number of “red flags” in its health care system that could make disruptions in care as pandemic requirements phase out especially pronounced compared to other states. Alker said she is pleased to see some of the commitments the state has outlined in its plan for Medicaid determinations, but said this spring will be the true test.

“So there are lots of concerns here absolutely across the country, but Florida has reasons to be especially worried and that’s troubling because Florida already has one of the highest uninsured rates, and this process could make it much, much worse especially for kids,” she said.

https://health.wusf.usf.edu/health-news-florida/2023-01-23/state-proje
cts-1-75-million-floridians-could-lose-medicaid-coverage-as-pandemic-era-law-expires

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Tuesday, January 24, 2023 11:58 AM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:

Don't forget to mention that you voted in the affirmative on a 1.7 Trillion Omnibus Bill that will strip 19 Million Americans of their medicaid coverage come April, Bernie.
In Florida, Republican Governor DeSantis decided he will be stripping people of Medicaid. He is not forced to, but he is doing it just because he wants to:

And it's only allowed because every single Democrat US Rep and Senator voted to make it possible signing a bill that will send $900 Billion more to the war machine, including a number in the Billions to Ukraine that could end world hunger for a year and a half.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Saturday, January 28, 2023 2:13 AM

I believe in solving problems, not sharing them.

So, speaking of inflation... Food IMHO has gone up about 25 pct. Gasoline about 30pct. All somewhat painful when you're on a fixed income.

But have any idea what our HEATING BILL was last month??

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Saturday, January 28, 2023 7:13 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:

Don't forget to mention that you voted in the affirmative on a 1.7 Trillion Omnibus Bill that will strip 19 Million Americans of their medicaid coverage come April, Bernie.
In Florida, Republican Governor DeSantis decided he will be stripping people of Medicaid. He is not forced to, but he is doing it just because he wants to:

And it's only allowed because every single Democrat US Rep and Senator voted to make it possible signing a bill that will send $900 Billion more to the war machine, including a number in the Billions to Ukraine that could end world hunger for a year and a half.

If Florida wanted more people to be eligible for Medicaid, there is nothing stopping Florida. But Florida doesn't want to help more and won't pay for more because Florida's Trumptards (which includes Trump) cheat when paying taxes.

6ix, you are talking nonsense when suggesting the US would feed the world if $900 billion wasn't spent on defense. Spending on food aid to foreign countries is not limited by defense spending. The limit is set by Congressional generosity. The world would be wise not to depend on that unsteady generosity to keep them alive. The world better grow its own food and not depend on the shifting whims of Congress and Presidents.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, January 28, 2023 9:32 AM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:

Don't forget to mention that you voted in the affirmative on a 1.7 Trillion Omnibus Bill that will strip 19 Million Americans of their medicaid coverage come April, Bernie.
In Florida, Republican Governor DeSantis decided he will be stripping people of Medicaid. He is not forced to, but he is doing it just because he wants to:

And it's only allowed because every single Democrat US Rep and Senator voted to make it possible signing a bill that will send $900 Billion more to the war machine, including a number in the Billions to Ukraine that could end world hunger for a year and a half.
If Florida wanted more people to be eligible for Medicaid, there is nothing stopping Florida. But Florida doesn't want to help more and won't pay for more because Florida's Trumptards (which includes Trump) cheat when paying taxes.

WRONG again. Those people were put on medicaid because of the Federal tax dollars that were being given to the states because of multiple Trillion-Dollar-Plus spending bills. Florida cannot afford to keep them on medicaid without those Federal dollars. Those Federal dollars are still being spent now, but they're going to the war machine instead. And every single Democrat in the house and Senate voted for it.

Quote:
6ix, you are talking nonsense when suggesting the US would feed the world if $900 billion wasn't spent on defense.

I know I am. I'd be almost as angry about that if they did it. But all I heard on Twitter for months after Elon bought it was that he could have ended world hunger for a year with the price he paid.

Democrats always care about ending world hunger and medicare for all until they don't care about it anymore.

Quote:
Spending on food aid to foreign countries is not limited by defense spending. The limit is set by Congressional generosity. The world would be wise not to depend on that unsteady generosity to keep them alive. The world better grow its own food and not depend on the shifting whims of Congress and Presidents.

No shit.

But the one thing that never has to worry about the generosity of our Congress and our President with OUR MONEY is the fucking war machine.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Saturday, January 28, 2023 9:37 AM

Quote:
Originally posted by SIGNYM:
So, speaking of inflation... Food IMHO has gone up about 25 pct. Gasoline about 30pct. All somewhat painful when you're on a fixed income.

But have any idea what our HEATING BILL was last month??

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

My heating bill was $108 last month... Down about $50, but electricity was higher too so the bill was only about $35 cheaper than last year. But that's only because because I keep it just a little warmer than I need it to be to keep the pipes from freezing.

Good thing nobody drives coal burning cars around here or Electricity would have been $500 for the month.

I don't drive much, so the gas hasn't hurt me too badly. Most of my food was bought before Bidenflation made food prices insane, so I've only been stuck paying them on perishables up to this point.

But the sticker shock is getting pretty bad. I can only imagine how hard it is to be poor and not have a lot of reserves built up when you're living in Biden's America.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Saturday, January 28, 2023 3:38 PM

I believe in solving problems, not sharing them.

Last year our January bill was about $120. This year it's four TIMES as high.

That's because last January the cost per therm was 0.8¢. THIS year it's 3.5¢... four times as high.

I know that gas prices are higher bc we're shipping gas to Europe, bc they stupidly cut themselves off cheap Russian pipeline gas... and we sealed the deal by blowing up 2 of 3 Nordstream pipelines.

But CA's mandate to EVs has raised electrical demand (raising KWH costs) and since our electricity is produced mainly from natgas, that has raised natgas demand.

And then SoCalGas has its own problem. They used to use depleted oil fields as reservoirs, buying natgas in the summer when it was cheap and pumping it underground, and drawing it down in winter, to stabilize prices. But since a blowout emptied their biggest reservoir (for lack of blowout protectors. Think Deepwater Horizon but on land, with gas) it's my understanding that SoCalGas no longer uses its reservoirs and is hostage to price fluctuations.

People here have been complaining for a while about electricity prices. We've been isolated from that bc we put solar cells up.

But this is a giant, instantaneous sticker shock. Honestly, I don't know why people here don't revolt.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Saturday, January 28, 2023 10:10 PM

Wait a minute... You're paying $3.50 per therm!!!!!

Holy shit. I thought it was bad in the south suburbs of Chicago when they were paying $1.21 up until last month when it dropped to $0.82.

Two months ago it was the highest I've ever seen here at $0.64 per therm, and they raised ours to about $0.72 so were almost even with Chicago suburbs now.

Last year was paying $0.50 per therm MAX. The year before that the maximum barely hit $0.40.

I would have asked how in the holy hell you could be spending $480 on heat in a month in California, but there's no mystery to it when you're paying more for a therm of Natural Gas than I'm paying for a gallon of gasoline for my car.

You need to move to Florida sigs. Damn....

ETA: I used 87 Therms last month (Down from 158 the same month the year before when I had the heat at 62 instead of between 49 and 55).

If I were living where you live, my bill would have been $304 instead of $101 and that would have been after freezing my ass off all month!

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Saturday, January 28, 2023 10:26 PM

I believe in solving problems, not sharing them.

Er.no. 3.5¢ (pennies) per therm.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Saturday, January 28, 2023 10:32 PM

I believe in solving problems, not sharing them.

I screwed up the decimal points. It's $3.45 per therm, when it used to be $0.83 per therm.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Saturday, January 28, 2023 10:34 PM

Quote:
Originally posted by SIGNYM:
Er.no. 3.5¢ (pennies) per therm.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

How can that be right? $0.035 per therm is an AMAZING deal.

I have no idea how you got a $480 bill for your gas then.

I think there's some missing information here.

I haven't been factoring in the "base costs", which are the same every month no matter how much you use, but they're about $45. The other $56 or so of my bill was the 87 therms that I used.

If I were only paying $0.035 per therm, my bill this month would have only been $48 instead of $101.

But no, that's a lie. If my costs were only $0.035 per therm, I'd have had the heat up to 80 degrees all month with the furnace running 24/7 and who cares what the cost was.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Saturday, January 28, 2023 10:44 PM

Oh shit...

I'm sorry, Sigs. You ARE paying $3.50 per therm.

Why natural gas prices — and bills — are soaring in Southern California

https://www.latimes.com/business/story/2023-01-09/why-natural-gas-pric
es-and-bills-are-soaring-in-southern-california

Archive link to avoid paywall: https://archive.ph/U59KM

Quote:
The price for what’s called “core procurement” that goes to residential and small commercial customers is set at the start of each month. The price soared to $3.45 per therm (a unit of natural gas) on Jan. 1 from $1.05 in December. In January 2022, it was 84 cents.

I am so, so sorry.

:(

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Sunday, January 29, 2023 12:15 AM

I believe in solving problems, not sharing them.

Quote:
Originally posted by 6IXSTRINGJACK:
Oh shit...

I'm sorry, Sigs. You ARE paying $3.50 per therm.

Why natural gas prices — and bills — are soaring in Southern California

https://www.latimes.com/business/story/2023-01-09/why-natural-gas-pric
es-and-bills-are-soaring-in-southern-california

Archive link to avoid paywall: https://archive.ph/U59KM

Quote:
The price for what’s called “core procurement” that goes to residential and small commercial customers is set at the start of each month. The price soared to $3.45 per therm (a unit of natural gas) on Jan. 1 from $1.05 in December. In January 2022, it was 84 cents.

I am so, so sorry.

:(

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

Not as sorry as we are!

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Sunday, January 29, 2023 12:28 AM

Yeah. That's just flat out robbery.

What's amazing to me, other than the current price, is that you were actually paying less than my dad in the south-Chicago suburbs was the month before. I think at $0.84 last year you were paying about the same. Illinois is terrible too, but I never thought they'd be paying more than you were during any of this.

I hope this gets fixed for you. Soon.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Sunday, January 29, 2023 4:59 PM

I believe in solving problems, not sharing them.

Alexander Mercouris of The Duran was commenting a few months ago about gas and energy prices in Britain. They had the same 5X increase in prices. Not only was it a shock to the average Brit, it was devastating for businesses of all sizes. Pubs, that famous British institution and culture, closed down by the thousands, as did many small and medium-sized businesses like restaurants, bakeries, forges etc. Frozen pipes caused infrastructural damage. IIRC the British government started splashing money around to subsidize heating costs for residents, but businesses remain closed.

If this is a one-off, it's survivable. If this is long-term it'll be the death knell for a lot of businesses here.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Sunday, January 29, 2023 6:58 PM

I'd still really like for you to get out of California.

You're (thankfully) the only person I know who lives there. You make it hard for me to wish that an earthquake will come and finally swallow the entire state into the ocean.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Sunday, January 29, 2023 7:05 PM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by SIGNYM:
Alexander Mercouris of The Duran was commenting a few months ago about gas and energy prices in Britain. They had the same 5X increase in prices. Not only was it a shock to the average Brit, it was devastating for businesses of all sizes. Pubs, that famous British institution and culture, closed down by the thousands, as did many small and medium-sized businesses like restaurants, bakeries, forges etc. Frozen pipes caused infrastructural damage. IIRC the British government started splashing money around to subsidize heating costs for residents, but businesses remain closed.

If this is a one-off, it's survivable. If this is long-term it'll be the death knell for a lot of businesses here.

This hit a peak in 2021, not 2022:

12 October 2021 - Natural gas prices have seen the biggest increase, with European and Asian benchmark prices hitting an all-time record last week – around ten times their level a year ago. US month-ahead natural gas prices have more than tripled since October 2020 to reach their highest level since 2008. International coal prices are around five times their level a year ago, and coal power plants in China and India, the world’s two largest coal consumers, have very low stocks ahead of the winter season.

Investments in oil and natural gas have declined in recent years as a result of two commodity price collapses – in 2014-15 and in 2020. This has made supply more vulnerable to the sorts of exceptional circumstances that we see today. At the same time, governments have not been pursuing strong enough policies to scale up clean energy sources and technologies to fill the gap.

Against this backdrop, both coal and natural gas demand recorded strong gains across key markets in the first half of 2021 as the global economy rebounded. Initial estimates suggest that natural gas and coal consumption in these key markets increased by 8% and 11% respectively . . .

12 October 2021 - What is behind soaring energy prices and what happens next?
https://www.iea.org/commentaries/what-is-behind-soaring-energy-prices-
and-what-happens-next

It is very lovely for natural gas producers, back in 2021, when they could get away with a 1,000% price increase while demand had only increased by 8%. The producers laughed all the way to the bank, where they emptied dump truckloads of money paid by suckers who will NEVER understand who raised prices (hint: it is NOT government).

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Sunday, January 29, 2023 7:17 PM

Incorrect. Joe Biden*, his administration and state level Democrats caused all of these inflationary problems by fucking up the world chain of events and bringing the worldwide 6-sigma machine to its knees. And by its very nature, there is no contingency plan for 6-sigma.

EVERYTHING that is a problem right now lands squarely on US Democrats and other world leaders who followed them down into the abyss.

Fuck Joe Biden*. Fuck Democrats.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Sunday, January 29, 2023 7:37 PM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6IXSTRINGJACK:
Incorrect. Joe Biden*, his administration and state level Democrats caused all of these inflationary problems by fucking up the world chain of events and bringing the worldwide 6-sigma machine to its knees. And by its very nature, there is no contingency plan for 6-sigma.

EVERYTHING that is a problem right now lands squarely on US Democrats and other world leaders who followed them down into the abyss.

Fuck Joe Biden*. Fuck Democrats.

These are the prices in Europe in the form of graph. Take note that the first peaks are in 2021. Biden had zero control over those prices (remember, it is Europe) but the oil/gas companies had complete control.

Look at the peak prices (there are several peaks):
https://fred.stlouisfed.org/graph/?g=Znk8
Global price of Natural gas, EU
U.S. Dollars per Million Metric British Thermal Unit

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Sunday, January 29, 2023 8:00 PM

I believe in solving problems, not sharing them.

Quote:
Originally posted by 6IXSTRINGJACK:
I'd still really like for you to get out of California.

You're (thankfully) the only person I know who lives there. You make it hard for me to wish that an earthquake will come and finally swallow the entire state into the ocean.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

Hahahaha!!!!

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Sunday, January 29, 2023 10:46 PM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
Incorrect. Joe Biden*, his administration and state level Democrats caused all of these inflationary problems by fucking up the world chain of events and bringing the worldwide 6-sigma machine to its knees. And by its very nature, there is no contingency plan for 6-sigma.

EVERYTHING that is a problem right now lands squarely on US Democrats and other world leaders who followed them down into the abyss.

Fuck Joe Biden*. Fuck Democrats.
These are the prices in Europe in the form of graph. Take note that the first peaks are in 2021. Biden had zero control over those prices (remember, it is Europe)

What part of GLOBAL ECONOMY AND 6-SIGMA DON'T YOU UNDERSTAND, RETARD.

Joe Biden's administration, and the Leftist world leaders who followed him both through worldwide and unnecessary COVID lockdowns followed by another fucking forever proxy war through the Ukraine are absolutely responsible for every single fucking problem with the world economy today.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Sunday, January 29, 2023 10:55 PM

I believe in solving problems, not sharing them.

RE 2021 EU gas prices

Quote:
Surging 2021 European Gas Prices – Why and How?

This Comment discusses the surge in gas prices in Europe in 2021, breaking down the various drivers in three phases. In Q1 the cold northern h emisphere winter weather and supply constraints from European production tightened the market, but the impact on TTF prices was muted since European storage was in good shape and could relatively easily accommodate the increased withdrawals. In the summer, strong Asian, as well as Central and South American demand for LNG combined with continued supply constraints for LNG and European production meant that Europe was unable to restock at anywhere near a normal rate. Upward pressure began to build on TTF prices. The real shock to the market, however, came in Q4 when gas flows from Russia along the Yamal Europe route dropped sharply to less than a third of normal levels. The lower Yamal Europe flows tipped the market over the edge and rather than TTF prices being in the $15 to $20 per MMBtu range – still very high by historical standards – they rose to $30 or above and averaged almost $27/MMBtu for the whole of Q4.

https://www.oxfordenergy.org/publications/surging-2021-european-gas-pr
ices-why-and-how/

SECOND misstates the reason for high prices. If producers could simply charge whatever got into their heads, bread would be $500 dollar a loaf and gasoline would be $599/gallon.

Even cartels respond to supply and demand. The demand for some things is relatively inflexible (yanno, like blood for transfusion. There's no substitute and going without means someone dies.) but there's both short term and long term wiggle room for energy. Europe has come to the limit of its wiggle room.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Monday, January 30, 2023 6:59 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by SIGNYM:

SECOND misstates the reason for high prices. If producers could simply charge whatever got into their heads, bread would be $500 dollar a loaf and gasoline would be $599/gallon.

Sellers know it perfectly well, and you should, too, that prices are constrained by how much money the buyers have, not by the greed of sellers. How does that work? About half the buyers in the world, the ones that have a net worth of around zero, only understand the constraints on themselves when there is nothing in their bank accounts. But as soon as those zero net worth buyers get a paycheck, they forget limits and spend everything, once again.

In a perfect world for sellers, but not for buyers, prices would be uniquely set for each buyer. Rich buyers would pay a higher price than poor buyers. But for commodities like natural gas, the sellers are stuck with a completely unfair system where everyone pays the same price. What is really unfair for sellers is when companies that buy huge amounts of natural gas actually can force a seller to discount the price. But that only happens when the buyer understands how prices are set. Signym, you fail to understand, as I suspect you always will. You and 6ix are no smarter about how inflation really works than somebody who has nothing in the bank.

Everywhere in the world, this system of price inflation works to transfer wealth upward toward the wealthy. Fortunately for the wealthy, most people can't or won't understand the system and therefore it will keep working as the wealthy intend it to.

About half of America has zero net wealth
https://www.marketplace.org/2014/04/21/about-half-america-has-zero-net
-wealth/

The bottom half of American families hold just 2% of the country's wealth — while the top 1% of families have a third
https://www.businessinsider.com/bottom-half-americans-hold-2-percent-w
ealth-richest-have-third-2022-9

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, January 30, 2023 11:04 AM

I believe in solving problems, not sharing them.

Quote:
Originally posted by second:
Quote:
Originally posted by SIGNYM:

SECOND misstates the reason for high prices. If producers could simply charge whatever got into their heads, bread would be $500 dollar a loaf and gasoline would be $599/gallon.
Sellers know it perfectly well, and you should, too, that prices are constrained by how much money the buyers have, not by the greed of sellers.

Then why do you keep posting otherwise? You're undercutting your previous aguments- again. That's why I don't read past your first couple of sentences, if that: 'cause I know it's just pointless trolling.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Monday, January 30, 2023 11:45 AM

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by SIGNYM:

Then why do you keep posting otherwise? You're undercutting your previous aguments- again. That's why I don't read past your first couple of sentences, if that: 'cause I know it's just pointless trolling.

Signym, you have written variations of this same comment hundreds of times, maybe even a thousand times. It goes something like this: You won't read this/you can't understand that/you feel that you are being trolled. Maybe there is something wrong with you, Signym, just like there is something obviously wrong with Russia, which you support in its battle against Ukraine. Get your brain fixed, Signym, and then you will prosper economically as I have. If you don't, you won't prosper as Russia hasn't in comparison to just about any country in the EU.

Signym, did you make it all the way to the end of that paragraph? Or did you quit after two sentences because it made you feel uncomfortable?

To explain what is wrong with Russia, Signym or 6ix in the fewest words: all these entities have a superiority complex without superior performance. The cure is to both improve your performance to make it more like your beliefs and lower your estimation of yourself. But what I expect will happen is that Russia will continue to blame the US, UK and EU for Russia's poor performance and 6ix will blame the Democrats and Signym will blame whoever is convenient, other than Signym.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, January 30, 2023 4:02 PM

Quote:
Originally posted by SIGNYM:
Quote:
Originally posted by second:
Quote:
Originally posted by SIGNYM:

SECOND misstates the reason for high prices. If producers could simply charge whatever got into their heads, bread would be $500 dollar a loaf and gasoline would be $599/gallon.
Sellers know it perfectly well, and you should, too, that prices are constrained by how much money the buyers have, not by the greed of sellers.
Then why do you keep posting otherwise? You're undercutting your previous aguments- again. That's why I don't read past your first couple of sentences, if that: 'cause I know it's just pointless trolling.

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Pity would be no more,
If we did not MAKE someone poor - William Blake

That's all Second does here.

Everything Second says contradicts anything else Second says.

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Growing up in a Republic was nice... Shame we couldn't keep it.

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Monday, January 30, 2023 4:02 PM

The U.S. Consumer Is Starting to Freak Out

https://www.msn.com/en-us/money/markets/the-us-consumer-is-starting-to
-freak-out/ar-AA16TXRy

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Growing up in a Republic was nice... Shame we couldn't keep it.

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Monday, January 30, 2023 4:18 PM

I believe in solving problems, not sharing them.

Quote:
Originally posted by SIGNYM:
SECOND misstates the reason for high prices. If producers could simply charge whatever got into their heads, bread would be $500 dollar a loaf and gasoline would be $599/gallon.

SECOND: Sellers know it perfectly well, and you should, too, that prices are constrained by how much money the buyers have, not by the greed of sellers.

SECOND, previous post

Quote:
Biden had zero control over those prices (remember, it is Europe) but the oil/gas companies had complete control.

That wasn't the first or even the third time that you posted that producers are in complete control and can charge whatever they want.

Your brain, SECOND... it's broken.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Monday, January 30, 2023 4:41 PM

Quote:
Originally posted by SIGNYM:

Quote:
Originally posted by SIGNYM:
SECOND misstates the reason for high prices. If producers could simply charge whatever got into their heads, bread would be $500 dollar a loaf and gasoline would be $599/gallon.

SECOND: Sellers know it perfectly well, and you should, too, that prices are constrained by how much money the buyers have, not by the greed of sellers.

SECOND, previous post
Quote:
Biden had zero control over those prices (remember, it is Europe) but the oil/gas companies had complete control.

That wasn't the first or even the third time that you posted that producers are in complete control and can charge whatever they want.

Your brain, SECOND... it's broken.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

Don't forget that in the same breath he will also blame non-rich people for being non-rich too.

Second is what happens when you have no core beliefs coupled with a complete lack of a moral compass.

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Growing up in a Republic was nice... Shame we couldn't keep it.

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Tuesday, January 31, 2023 4:53 AM