REAL WORLD EVENT DISCUSSIONS

I'm surprised there's not an inflation thread yet

POSTED BY: 6IXSTRINGJACK
UPDATED: Monday, November 18, 2024 07:12
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PAGE 11 of 17

Tuesday, January 31, 2023 4:57 AM

SECOND

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


The purpose of America's top 1% richest is to take as much money as the lower 99% will allow. Surveys comparing countries show that the 1% are getting better each year at achieving their purpose:

US spends most on health care but has worst health outcomes among high-income countries, new report finds

The United States spends more on health care than any other high-income country but still has the lowest life expectancy at birth and the highest rate of people with multiple chronic diseases, according to a new report from The Commonwealth Fund, an independent research group.
US healthcare covid file

New poll shows jump in adults who rate the quality of US health care as 'poor'

The report, released Tuesday, also says that compared with peer nations, the US has the highest rates of deaths from avoidable or treatable causes and the highest maternal and infant death rates.

https://www.cnn.com/2023/01/31/health/us-health-care-spending-global-p
erspective/index.html

Poorer service and higher prices are exactly what is expected from a healthcare system designed to make the top 1% richest Americans even richer, year by year.

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 31, 2023 8:04 AM

6IXSTRINGJACK


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.

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

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

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Tuesday, January 31, 2023 9:44 AM

SECOND

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 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.
I also blame fat, lazy, drunk and stupid people for being:
1) fat
2) lazy
3) drunk (or hungover)
4) stupid
5) voting for Trump and hoping that if Trump were President all their problems would be solved without ever having to go to work again.

6ix, everybody knows which way your "moral compass" points. You were particularly interested in The Fair Tax Law. “Everybody gets a check, and so you’ve got the basis for the modern definition of European socialism, which is that everybody gets a basic income and work is an option.”

https://thehill.com/policy/finance/3821761-heres-what-you-need-to-know
-about-the-gop-bill-to-abolish-the-tax-code/

Besides the free money for 6ix, all Federal Taxes are abolished on individuals. Since Trump does not pay taxes, Trumptards don't think they should pay, either. I hope Trump is the GOP Presidential candidate. I hope he endorses The Fair Tax Law. I suspect he won't win the votes from people who don't cheat on their taxes.

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 31, 2023 10:38 AM

6IXSTRINGJACK


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

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.
I also blame fat, lazy, drunk and stupid people for being:
1) fat
2) lazy
3) drunk (or hungover)
4) stupid
5) voting for Trump and hoping that if Trump were President all their problems would be solved without ever having to go to work again.

6ix, everybody knows which way your "moral compass" points. You were particularly interested in The Fair Tax Law. “Everybody gets a check, and so you’ve got the basis for the modern definition of European socialism, which is that everybody gets a basic income and work is an option.”

https://thehill.com/policy/finance/3821761-heres-what-you-need-to-know
-about-the-gop-bill-to-abolish-the-tax-code/

Besides the free money for 6ix, all Federal Taxes are abolished on individuals. Since Trump does not pay taxes, Trumptards don't think they should pay, either. I hope Trump is the GOP Presidential candidate. I hope he endorses The Fair Tax Law. I suspect he won't win the votes from people who don't cheat on their taxes.

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



Your opinions regarding my opinions mean nothing because you are a braindead cunt.

Get the the fuck out of here already and go to Twitter where people are as dumb as you are.

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

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

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Tuesday, January 31, 2023 10:53 AM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:

Your opinions regarding my opinions mean nothing because you are a braindead cunt.

Get the the fuck out of here already and go to Twitter where people are as dumb as you are.
That is your Superiority Complex talking: The Psychology of Donald Trump

When I was a teenager, my therapist explained, “A superiority complex always covers up an inferiority complex.” Arrogance or narcissism is not born from an experience of being overvalued or coddled, but rather from being not seen or heard. The defenses we associate with narcissistic personality disorder are formed to protect the individual from a sense of being small, powerless, and invisible.

More at https://drbradreedy.com/brad-reedy-blog/a-therapists-thoughts-on-donal
d-trump-and-how-to-make-a-difference/

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 31, 2023 11:49 AM

6IXSTRINGJACK


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

Your opinions regarding my opinions mean nothing because you are a braindead cunt.

Get the the fuck out of here already and go to Twitter where people are as dumb as you are.
That is your Superiority Complex talking


No. That is me being superior to you in every measurable metric imaginable.

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

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

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Tuesday, January 31, 2023 12:09 PM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:

No. That is me being superior to you in every measurable metric imaginable.
President Donald Trump again referred to himself as a "stable genius" while also touting himself as "great looking" in a tweet Thursday mocking some of the leading Democratic candidates hoping to unseat him. In the middle of a morning tweet storm that touched on everything from the census to the Pledge of Allegiance, Trump said that all news media outlets would all be endorsing him "at some point, one way or the other." He made that prediction based on his belief that they will "quickly go out of business for lack of credibility, or approval, from the public" when "I ultimately leave office in six years or maybe 10 or 14 (just kidding)."

https://www.usatoday.com/story/news/politics/elections/2019/07/11/trum
p-again-calls-himself-stable-genius/1703154001/

What greatness happened to genius Trump? Same as what happened to 6ix. Nothing is what happens to inferior guys hiding behind a superiority complex.

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 31, 2023 1:13 PM

SECOND

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


A story about how the top 1% gouge the hell out of the other 99%: Over the past 20 years, AbbVie increased Humira’s price about 30 times, most recently by 8 percent this month. Since the end of 2016, the drug’s list price has gone up 60 percent to over $80,000 a year, according to SSR Health, a research firm.

How a Drug Company Made $114 Billion since 2016 by Gaming the U.S. Patent System By Rebecca Robbins, Jan. 28, 2023

AbbVie for years delayed competition for its blockbuster drug Humira, at the expense of patients and taxpayers. The monopoly is about to end next week.

In 2016, a blockbuster drug called Humira was poised to become a lot less valuable.

The key patent on the best-selling anti-inflammatory medication, used to treat conditions like arthritis, was expiring at the end of 2016. Regulators had blessed a rival version of the drug, and more copycats were close behind. The onset of competition seemed likely to push down the medication’s $50,000-a-year list price. That's what happened in Europe. Instead, the opposite happened in the U.S.

Through its savvy but legal exploitation of the U.S. patent system, Humira’s manufacturer, AbbVie, blocked competitors from entering the U.S. market. For the next six years, the drug’s price kept rising. Today, Humira is the most lucrative franchise in pharmaceutical history.

Next week, the curtain is expected to come down on a monopoly that has generated $114 billion in revenue for AbbVie just since the end of 2016. The knockoff drug that regulators authorized more than six years ago, Amgen’s Amjevita, will come to market in the United States, and as many as nine more Humira competitors will follow this year from pharmaceutical giants including Pfizer. Prices are likely to tumble.

The reason that it has taken so long to get to this point is a case study in how drug companies artificially prop up prices on their best-selling drugs.

AbbVie orchestrated the delay by building a formidable wall of intellectual property protection and suing would-be competitors before settling with them to delay their product launches until this year.

The strategy has been a gold mine for AbbVie, at the expense of patients and taxpayers.

AbbVie did not invent these patent-prolonging strategies; companies like Bristol Myers Squibb and AstraZeneca have deployed similar tactics to maximize profits on drugs for the treatment of cancer, anxiety and heartburn. But AbbVie’s success with Humira stands out even in an industry adept at manipulating the U.S. intellectual-property regime.

“Humira is the poster child for many of the biggest concerns with the pharmaceutical industry,” said Rachel Sachs, a drug pricing expert at Washington University in St. Louis. “AbbVie and Humira showed other companies what it was possible to do.”

Following AbbVie’s footsteps, Amgen has piled up patents for its anti-inflammatory drug Enbrel, delaying a copycat version by an expected 13 years after it won regulatory approval. Merck and its partners have sought 180 patents, by one count, related to its blockbuster cancer drug Keytruda, and the company is working on a new formulation that could extend its monopoly further.

An AbbVie spokesman declined to comment. The company’s lawyers have previously said it is acting within the parameters of the U.S. patent system. Federal courts have upheld the legality of AbbVie’s patent strategy with Humira, though lawmakers and regulators over the years have proposed changes to the U.S. patent system to discourage such tactics.

More at https://www.nytimes.com/2023/01/28/business/humira-abbvie-monopoly.htm
l

https://en.wikipedia.org/wiki/Adalimumab#Society_and_culture

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 31, 2023 1:18 PM

SIGNYM

I believe in solving problems, not sharing them.


SECOND, since you're always bragging about how rich, smart, and "better" you are (all the while being evil, and with a broken brain), accusing anyone of having a "superiority complex" .... well, that"s a great deal of projection.
Innit?

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


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Tuesday, January 31, 2023 1:35 PM

SECOND

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, since you're always bragging about how rich, smart, and "better" you are (all the whole being evil, and with a broken brain), accusing anyone of having a "superiority complex" .... well, that"s a great deal of projection.
Innit?
You are misunderstanding how inflation for drugs or natural gas or just about everything is controlled by rich people (not by Biden nor by Democrats) because you don't like me, probably because you control no prices and no one, not even yourself.

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 31, 2023 2:08 PM

SIGNYM

I believe in solving problems, not sharing them.


More baseless accusations about me.

YOU don't control prices either, dipshit.

Inflation is "too much money chasing too few goods".

CENTRAL BANKS control how much of any particular currency is in circulation. Do you control The Fed? No, you do not.

There are various controls on the amount of goods, but the primary driver seems to be POLITICS and a nation's economic policies: how much investment goes into production, whether a nation ensures itself of cheap resources that it, itself doesn't have, reliable supply chains etc. You don't control that, either.

Clearly you've never run a business.

You're just along for the ride.


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


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Tuesday, January 31, 2023 2:41 PM

6IXSTRINGJACK


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

No. That is me being superior to you in every measurable metric imaginable.
President Donald Trump again referred to himself as a "stable genius"...


You're an unstable little fuck who threatens other people's lives and pirates everything he can get his hands on, including the words he copies an pastes here daily, and COPYRIGHTED WORK OF THE PROPERTY REGARDING THE FANSITE HE'S POSTING TO DAILY.

You are a miserable piece of shit and a garbage human being. You are one of the dumbest people I know, and I know a lot of dummies.

Yeah. You're fucking right I don't like you. Not one little bit. This shouldn't be shocking to you since nobody in your real life likes you either.

But that has nothing to do with your misunderstanding of how the world and the economy works. That's your problem and yours alone. I'm not your fucking teacher, idiot.

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

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

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Tuesday, January 31, 2023 4:58 PM

SECOND

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


Wage Inflation
(It is a great time to be an Employer, but Not so great for Employees)

The cost of employment rose 0.8% last quarter, adjusted for inflation

Author Kevin Drum, January 31, 2023

Are wages skyrocketing so strongly that the Fed needs to continue crushing the economy until workers understand who's the real boss? Let's look at today's latest data:


The Employment Cost Index measures the total cost of employing someone: wages, taxes, office space, health care, etc. In the last quarter it went up at an annualized rate of 4.0%. Adjusting for inflation, it went up 0.8%.

Both of those seem pretty reasonable. Nominal growth has been sliding downward ever since the beginning of 2022, and real growth remains low despite a couple of recent increases.

From the Fed's point of view, the ideal rate is around 3% nominal growth, with 2% inflation producing 1% real growth. We're getting pretty close to that.

https://jabberwocking.com/the-cost-of-employment-rose-less-than-1-last
-quarter/

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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Wednesday, February 1, 2023 5:27 AM

SECOND

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


Governments have failed at forcing companies to lower prices (and lower inflation). The same governments have failed at convincing companies to leave Russia. Why the two kinds of failures? Because profits would be lost if prices were lowered or Russia was abandoned by companies:

At the time of Putin’s decision to “demilitarize” and “denazify” Ukraine, the report lays out, there were 1,404 EU and G7 companies, with 2,405 subsidiaries, active in Russia. As of late November of 2022, when the study was carried out, only 120 of those companies had divested at least one of their subsidiaries in Russia. That is equivalent to “less than nine percent” of all Western firms, the researchers note.

American business has been a tad more accountable, and U.S. companies have pulled back from commerce with the Kremlin to a greater degree than their European counterparts. Even so, the difference is modest. All told, less than 18 percent of American subsidiaries in Russia have sold off their assets and ceased operations since the start of the Ukraine war: “In other words, while U.S. companies have divested more often than their EU and G7 counterparts, to date fewer than one in five have completed exits.”

The resulting picture is bleak.

“In principle,” Evenett and Pisani note, the small number of Western firms that have left “could constitute the lion’s share of Western investment in Russia.” This, however, is not the case. Rather, they account for just 6.5 percent “of total profit before tax of all the EU and G7 firms with active commercial operations in Russia” tracked. In other words, Western commercial ties with Russia remain largely unchanged.

These findings rub against the conventional wisdom that a veritable exodus of firms and funds has taken place in response to Russia’s offensive against Ukraine. To the contrary, as the Evenett-Pisani study eloquently shows, nothing of the sort has transpired — and Western companies have continued to prioritize profits over the imperative of defunding Putin’s war effort.

That, in turn, puts the United States and its international partners on the horns of a serious dilemma.

Since the start of the war in February 2022, Western nations have leveled an unprecedented raft of sanctions on Moscow in a bid to force Putin’s government to cease its efforts to dominate and subjugate Ukraine. It’s increasingly clear, however, that the success of that effort hinges greatly upon the private sector truly paring back its business with the Russian Federation — and the relevant companies don’t seem to be playing ball, at least so far.

All of which suggests that, in order for Washington and Western capitals to dial up the pressure on Moscow still further, they’ll need to force Western firms to sever their connections to the Russian market. Otherwise, they will continue to sustain Russia’s economy — and, by extension, the Kremlin’s war of aggression.

More at https://thehill.com/opinion/international/3835419-western-business-is-
still-sustaining-russias-war/

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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Wednesday, February 1, 2023 2:22 PM

SECOND

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


The price of Insulin is way too expensive because of Inflation.

California has a solution: Make its own Insulin and bypass the greedy top 1% richest Americans who raised the price because nobody would stop them. The price of some insulin had grown by 1,000 percent over the past 20 years, far outpacing inflation.

One in six Americans with diabetes who use insulin say they ration their supply because of the cost.

The drug’s cost crisis is spurring states to pursue a public version of an essential medication.

There are few better emblems of the failures of the US system of medical care than its inability to consistently provide insulin to Americans who need it.

The drug was discovered 100 years ago, and it provides essential and ongoing treatment for millions of people living with diabetes, one of the most common chronic diseases in the country. And yet one in six Americans with diabetes who use insulin say they ration their supply because of the cost. Some people end up spending nearly half of their disposable income on a medicine they must take to stay alive.

Though insulin generally costs less than $10 per dose to produce, some versions of the drug have a list price above $200. This is in part because, in the US, a warped market has allowed three companies to dominate the insulin business.

But if some states have their way, that may be about to change

With California leading the way, a handful of states are considering trying to disrupt the market for essential medications, starting with insulin. The plan would be to manufacture and sell insulin themselves for a price that is roughly equivalent to the cost of production.

Their premise: Take away the private market’s profit motive and maybe states can deliver affordable insulin as a wholly public enterprise, run by civil workers, that does not need to make money. Because these states buy a lot of drugs too, through their Medicaid programs and the health plans for government workers, they would also reap the rewards if those drugs are cheaper.

More at https://www.vox.com/policy-and-politics/23574178/diabetes-insulin-pen-
injection-cost-california

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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Wednesday, February 1, 2023 3:30 PM

SECOND

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

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Wednesday, February 1, 2023 3:39 PM

6IXSTRINGJACK


Not exactly a "plummet" when it's still higher than the month prior.

But that's Democrat Math for you.

Remember when Don Lemon put up a graph that made it look like Gasoline prices had plummeted when in reality they went down less than 3 cents?


I've kind of opted out of Natural Gas for the most part this winter.

Thankfully today is a lot warmer than the last two were. No gloves for me inside today. Yay!

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

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

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Thursday, February 2, 2023 7:58 AM

SECOND

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


Natural Gas Price (Red Line)
Natural Gas Consumption (Blue Line)
https://fred.stlouisfed.org/graph/?g=Zwaz


See how ragged the price is while the consumption is steadier?

Gas producers love those peaks in prices. Consumers don't. Too bad prices can't stay at the peak, then move upward to the next, but there is only so much money that producers can squeeze from consumers before they have been squeezed dry. But after a few more paychecks, there will be more money to be squeezed with the excuse that consumers stupidly keep accepting that prices are set by supply and demand.

Producers in all industries, not just natural gas, are depending upon consumers remaining forever stupid about who sets prices.

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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Thursday, February 2, 2023 8:24 AM

SIGNYM

I believe in solving problems, not sharing them.


SECOND, being a greedy guy, thinks that it's a demand/greed curve, once again implying that producers are in complete control BWHAHAHAH... .

IN reality it's a demand/ supply curve, once again proving that SECOND has never actually run a business.

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


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Thursday, February 2, 2023 9:10 AM

SECOND

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, being a greedy guy, thinks that it's a demand/greed curve, once again implying that producers are in complete control BWHAHAHAH... .

IN reality it's a demand/ supply curve, once again proving that SECOND has never actually run a business.
If natural gas producers had "complete control", they would know how much money is in your bank account and they would take it all as your monthly payment for the vital necessity of heating your home. Vital in the sense in the sense of life and death, that you will die in the dark from the cold. But then there are other industries also striving to take all your money. Who then gets the biggest portion? It is the healthcare industry, which can make the most convincing argument that it is truly life and death:

$12,914 per person
U.S. health care spending grew 2.7 percent in 2021, reaching $4.3 trillion or $12,914 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 18.3 percent. Dec 15, 2022
https://www.cms.gov/research-statistics-data-and-systems/statistics-tr
ends-and-reports/nationalhealthexpenddata/nationalhealthaccountshistorical

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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Thursday, February 2, 2023 9:25 AM

6IXSTRINGJACK


Quote:
Originally posted by SIGNYM:
SECOND, being a greedy guy, thinks that it's a demand/greed curve, once again implying that producers are in complete control BWHAHAHAH... .

IN reality it's a demand/ supply curve, once again proving that SECOND has never actually run a business.

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



Prices were fine Trump's 4 years as President is all I'm saying.

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

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

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Thursday, February 2, 2023 9:31 AM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:

Prices were fine Trump's 4 years as President is all I'm saying.
Trump will be fine. I look forward to him being the Republican candidate in 2024. And seeing him take the 5th Amendment 400 times in one day. Video:

Donald Trump pleads the Fifth Amendment more than 400 times in deposition video
https://globalnews.ca/news/9452365/donald-trump-pleads-fifth-amendment
-deposition-video-new-york/

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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Thursday, February 2, 2023 4:17 PM

SECOND

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


A 4% decrease in supply was followed by prices that are 5 times, even 9 times higher.
It's a great time to gouge the hell out of customers.

Why are eggs so expensive right now? An industry expert explains

By Ryan Nickerson
Updated: Feb. 2, 2023 10:50 a.m.

Among the top Google searches around the Houston area is one from grocery shoppers wondering the same thing: Why are eggs so expensive?

According to the United States Department of Agriculture, the lingering spike in prices is partly due to continued outbreaks of the highly pathogenic avian influenza (HPAI) virus in commercial table eggs since last year. Since February, HPAI has led to the depopulation of nearly 40 million hens, a 5 percent decline from 2021.

Egg production also averaged a 4 percent decline from 2021, according to a USDA spokesperson.

Plus, during the holiday baking season, the demand for eggs rose. Now, a dozen eggs at H-E-B cost about between about $5 and $9 per carton depending on type, as of Feb. 2, according to the grocer's website. Walmart prices were about the same.

According to the USDA, eggs have been a competitive product against other animal proteins and consumers have responded with increased and sustained demand in November and December.

According to a January 6, 2023, report, recent record-high egg prices have begun to soften but as we get further away from the holiday season, and, "as the new year gets underway, more than a few consumers are looking to modify their dietary choices to support freshly-minted healthier lifestyle resolutions, and eggs remain a popular go-to option," the report reads.

The spokesperson also said that many retailers are focused on restoring their egg supplies to normal levels following the holiday demand and are not doing many promotions for eggs at the moment.

https://www.houstonchronicle.com/news/houston-texas/trending/article/w
hy-are-eggs-so-expensive-17708081.php

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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Thursday, February 2, 2023 7:34 PM

6IXSTRINGJACK


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

Prices were fine Trump's 4 years as President is all I'm saying.
Trump will be fine. I look forward to him being the Republican candidate in 2024. And seeing him take the 5th Amendment 400 times in one day. Video:

Donald Trump pleads the Fifth Amendment more than 400 times in deposition video
https://globalnews.ca/news/9452365/donald-trump-pleads-fifth-amendment
-deposition-video-new-york/

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


Not even relevant to the point.

But I understand why you're so eager to change the subject once again.

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

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

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Monday, February 6, 2023 4:52 PM

6IXSTRINGJACK


U.S. credit card debt jumps 18.5% and hits a record $930.6 billion

https://www.cnbc.com/2023/02/03/us-credit-card-debt-jumps-18point5perc
ent-and-hits-a-record-930point6-billion-.html


FUCK JOE BIDEN*.


And if anybody wants to parrot his SOTU bullshit about lowering inflation since he took office, this thread is right here for you to go back to and see when it started rising.

SPOILER ALERT: It was after 4th of July of 2021.



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

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

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Monday, February 6, 2023 8:32 PM

6IXSTRINGJACK


Another inflation pressure point for Americans: Car insurance

https://www.cbsnews.com/news/auto-car-insurance-costs-national-average/

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

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Monday, February 6, 2023 10:33 PM

6IXSTRINGJACK


Nearly Two-Thirds Say They’re Worse Off Than Two Years Ago: I&I/TIPP Poll

https://issuesinsights.com/2023/02/06/nearly-two-thirds-say-theyre-wor
se-off-than-two-years-ago-ii-tipp-poll/

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

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

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Sunday, February 12, 2023 1:23 PM

6IXSTRINGJACK


One-In-Two Americans Concerned About Making Timely Credit Card Payments

Americans struggle to make ends meet since their incomes are not keeping up with the increase in expenses.

https://tippinsights.com/one-in-two-americans-concerned-about-making-t
imely-credit-card-payments/


That's 21 months of falling weekly earnings, and $1 Trillion in collective credit card debt.

GO JOE*!

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

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Thursday, February 16, 2023 7:51 AM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:

GO JOE*!
6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed. When will you understand that the Constitution was designed by the richest people in America (Washington, Jefferson, Monroe, etc.) to make them richer? Centuries later, the Constitution continues to make the rich richer because nothing has changed. There have been some legislative additions (Social Security, Medicare, Bureau of Consumer Protection, Financial Fraud Enforcement Task Force) but those are always being attacked by the GOP because they take away money from the rich and give to the poor.

Houston ranks fifth among U.S. cities with most millionaires, report says
Megan Munce, Feb. 16, 2023

The rising tide of gasoline prices lifted not only corporate profits at Houston’s big oil and gas companies, but also the net worth of a host of executives and investors, pushing the number of millionaires in the metro area close to 100,000.

That was enough to place Houston fifth nationally, according to a new report, behind New York, San Francisco, Los Angeles and Chicago.

Of the 5.3 million people with wealth valued at a million dollars or more in the U.S., 98,500 live in Houston, the report estimates, making it the only city in the South in the millionaires' top five.

Another Texas metropolis — Austin — also fared well, buoyed by an influx of tech jobs, seeing its millionaire count surge over the past decade to more than 30,000.

Wealth intelligence firm New World Wealth and investment firm Henley & Partners produce the estimates by tracking wealthy individuals who are CEOs, founders, company presidents, or board chairs or directors. Wealth, according to the report, is "investable assets" such as property, cash and listed company holdings.

New York has the largest number of millionaires, with more than 340,000, according to the report. The San Francisco Bay Area was second with 285,000; Los Angeles was third with 205,400; and Chicago was fourth with 124,000.

Houston has always been home to a large number of wealthy individuals because of the oil and gas industry, according to David Lummiss, president and CEO of wealth management company Houston Trust Co.

Of the 11 Houstonians that cracked Forbes 400 richest Americans list in 2022, most saw their wealth grow over the past year as oil prices climbed after Russia's invasion of Ukraine.

Houston's wealthiest resident as of 2022, Jeffery Hildebrand, is the co-founder of private oil and gas company Hilcorp and saw his net worth double to $11 billion this past year, according to Forbes.

https://www.houstonchronicle.com/business/article/houston-millionaires
-wealth-growth-billionaires-17786243.php

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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Thursday, February 16, 2023 8:07 AM

6IXSTRINGJACK


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

GO JOE*!
6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed.


I might have had poverty wages in the few years that I've worked since 2010, and zero income for the rest of them, but I don't live in poverty.

I'm the wrong person to be giving financial lessons to.

Save it for all those people making 6 figure incomes who are whining about inflation right now, m-kay?



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

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

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Thursday, February 16, 2023 8:32 AM

SECOND

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:

GO JOE*!
6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed.


I might have had poverty wages in the few years that I've worked since 2010, and zero income for the rest of them, but I don't live in poverty.

I'm the wrong person to be giving financial lessons to.

Save it for all those people making 6 figure incomes who are whining about inflation right now, m-kay?
Since when is making $100,000 per year a lot of money? You probably never heard of the book: Getting by on $100,000 a Year (and Other Sad Tales) from September 10, 1980 by Andrew Tobias.
https://www.amazon.com/Getting-100-Year-Other-Tales/dp/0671255185

I have that book, by the way. It taught me that Americans didn't have to be stupid about money. Well, now it is 43 years later and, except for yourself 6ixStringJack, and for other rich people, Americans are stupider and fatter than they were in 1980. Maybe they should read some of Andrew Tobias' other books? For free:
https://libgen.unblockit.bio/search.php?&req=Andrew+Tobias

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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Thursday, February 16, 2023 9:49 AM

6IXSTRINGJACK


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

GO JOE*!
6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed.


I might have had poverty wages in the few years that I've worked since 2010, and zero income for the rest of them, but I don't live in poverty.

I'm the wrong person to be giving financial lessons to.

Save it for all those people making 6 figure incomes who are whining about inflation right now, m-kay?
Since when is making $100,000 per year a lot of money?


Since I live on $7k per year even under Bidenflation, and if I were to be making $100k per year from now until the official retirement age I'd have a couple Millions saved up after living expenses and taxes, even if I didn't invest a single cent of it and chose instead to bury it in coffee cans in the forest.

This is what YOU don't understand when you keep talking to me as if I'm a poor person. My imputed income far outpaces any income that I have made in any of the part-time jobs I've held from time to time since I got laid off from my good job. (And I would say it's a pretty safe bet that with the price of goods and services today that it actually rivals my actual income from the last good job I held until early 2010).

In fact, before I even knew what imputed income meant when I was working overnight at KMart, I'd tell the other smokers on break that I made far more money per hour rolling my own cigarettes than any of us were making working there.

Look up imputed income. Learn something.


If I were to even take a full time job making a lowly $35k a year right now until the day I officially hit retirement age, I'd have an extra half a million bucks buried in coffee cans, let alone whatever I had additionally saved up in a 401k to get that company match money that I wouldn't be leaving on the table, as well as a sizable bump to my Social Security checks when I start taking them.

Your problem here is that you don't put any value on what people can do with money after they've made it and paid taxes on it. In many respects that's far more valuable than how much you make up front... if you do it right. Which I do.

And that's why so many people making over $100k are living paycheck to paycheck, and I've gone 13 years now with roughly only 5 years of working part time jobs and not only am I not living paycheck to paycheck, but I haven't even had a paycheck now for 3.5 years and I have no worry about how I'm going to pay my power bill or how I'm going to put food on the table.

But I'm glad that most people don't do this, because the American Economy runs on consumerism and credit card debt, and if everybody who was in a position to do so started living like I do our economy would look so bad a few years from now that we'd be wishing for the shit economy that Democrats and Joe Biden* have delivered to us in the 2020s.



Long story short, the above reply is why I feel that making $100k is a lot of money. Because if I were making $100k a year right now in my current situation I would have the freedom to live like a rich playboy jagoff making a hell of a lot more than $100k per year if I so chose to...

Which I wouldn't.

After about 6 months of working there, I'd probably get me a nice new pickup truck and pay for it with a duffel bag full of cash though, to be honest.

What a thrill that would be, huh?

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

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

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Thursday, February 16, 2023 10:33 AM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:
Learn something.

If I were to even take a full time job making a lowly $35k a year right now until the day I officially hit retirement age, I'd have an extra half a million bucks buried in coffee cans, let alone whatever I had additionally saved up in a 401k to get that company match money that I wouldn't be leaving on the table, as well as a sizable bump to my Social Security checks when I start taking them.

Your problem here is that you don't put any value on what people can do with money after they've made it and paid taxes on it. In many respects that's far more valuable than how much you make up front... if you do it right. Which I do.
Wage-earning men made an average of $11.16 per week in 1905. They felt in 1905 as rich as you do, 6ix. But what does that mean, 6ix?

It means people lived well in 1905 without many things. They could do that in 2023 and get by the same as in 1905. Personally, I spend like it is 1905, except for my Ford Lightning. Oh . . . I love my electric toy car. Zoom! Zoom! But they did have electric cars back in 1905, too.

Prices and Wages by Decade: 1900-1909
https://libraryguides.missouri.edu/pricesandwages/1900-1909

Why everyone wanted an electric car in 1905
https://archive.curbed.com/2017/9/22/16346892/electric-car-history-fri
tchle

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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Thursday, February 16, 2023 10:56 AM

6IXSTRINGJACK


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

GO JOE*!
6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed.


I might have had poverty wages in the few years that I've worked since 2010, and zero income for the rest of them, but I don't live in poverty.

I'm the wrong person to be giving financial lessons to.

Save it for all those people making 6 figure incomes who are whining about inflation right now, m-kay?
Since when is making $100,000 per year a lot of money?


Since I live on $7k per year even under Bidenflation, and if I were to be making $100k per year from now until the official retirement age I'd have a couple Millions saved up after living expenses and taxes, even if I didn't invest a single cent of it and chose instead to bury it in coffee cans in the forest.

This is what YOU don't understand when you keep talking to me as if I'm a poor person. My imputed income far outpaces any income that I have made in any of the part-time jobs I've held from time to time since I got laid off from my good job. (And I would say it's a pretty safe bet that with the price of goods and services today that it actually rivals my actual income from the last good job I held until early 2010).

In fact, before I even knew what imputed income meant when I was working overnight at KMart, I'd tell the other smokers on break that I made far more money per hour rolling my own cigarettes than any of us were making working there.

Look up imputed income. Learn something.


If I were to even take a full time job making a lowly $35k a year right now until the day I officially hit retirement age, I'd have an extra half a million bucks buried in coffee cans, let alone whatever I had additionally saved up in a 401k to get that company match money that I wouldn't be leaving on the table, as well as a sizable bump to my Social Security checks when I start taking them.

Your problem here is that you don't put any value on what people can do with money after they've made it and paid taxes on it. In many respects that's far more valuable than how much you make up front... if you do it right. Which I do.

And that's why so many people making over $100k are living paycheck to paycheck, and I've gone 13 years now with roughly only 5 years of working part time jobs and not only am I not living paycheck to paycheck, but I haven't even had a paycheck now for 3.5 years and I have no worry about how I'm going to pay my power bill or how I'm going to put food on the table.

But I'm glad that most people don't do this, because the American Economy runs on consumerism and credit card debt, and if everybody who was in a position to do so started living like I do our economy would look so bad a few years from now that we'd be wishing for the shit economy that Democrats and Joe Biden* have delivered to us in the 2020s.



Long story short, the above reply is why I feel that making $100k is a lot of money. Because if I were making $100k a year right now in my current situation I would have the freedom to live like a rich playboy jagoff making a hell of a lot more than $100k per year if I so chose to...

Which I wouldn't.

After about 6 months of working there, I'd probably get me a nice new pickup truck and pay for it with a duffel bag full of cash though, to be honest.

What a thrill that would be, huh?
Wage-earning men made an average of $11.16 per week in 1905. They felt in 1905 as rich as you do, 6ix. But what does that mean, 6ix?

It means people lived well in 1905 without many things. They could do that in 2023 and get by the same as in 1905. Personally, I spend like it is 1905, except for my Ford Lightning. Oh . . . I love my electric toy car. Zoom! Zoom! But they did have electric cars back in 1905, too.

Prices and Wages by Decade: 1900-1909
https://libraryguides.missouri.edu/pricesandwages/1900-1909

Why everyone wanted an electric car in 1905
https://archive.curbed.com/2017/9/22/16346892/electric-car-history-fri
tchle


This negates nothing I just said. In fact, you're bolstering my argument for responsible spending.

Also, nobody cares about the "Average", because that number is screwed because of the people making real money. The Missouri.edu article you lifted your info from got their information from the official Census Bureau booklet from 1905 that they lifted the info from.

In that booklet, there are 331 "industries" that they recognize Americans worked in in 1905 (Page 16). However, when calculating their "Average" they only count 25 of those industries. (Page 17, which presents a table that shows the $11.16 number you're claiming).

https://babel.hathitrust.org/cgi/pt?id=nnc1.cu56779232&view=1up&am
p;seq=21

Nobody cares about your imaginary coal burning truck that can't haul anything either.



Have fun at work today, honey.

Meanwhile, I'll be sitting here... Making more imputed income today than you make in actual income doing whatever menial job that fits your limited intelligence level that you are forced to do to live as the life-long wage-slave you are in your real life, when not pretending to be a powerful and rich whatever it is you tell people online you do. People who are in no position to debunk all your daily lies about yourself, and people who couldn't care less to bother with it even if they could because you bring absolutely nothing to the table for yourself, anyone who you try and fail to interact with online, or anyone unfortunate enough to have the displeasure of having to deal with you daily in person.



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

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Thursday, February 16, 2023 5:24 PM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:

In that booklet, there are 331 "industries" that they recognize Americans worked in in 1905 (Page 16). However, when calculating their "Average" they only count 25 of those industries. (Page 17, which presents a table that shows the $11.16 number you're claiming).

https://babel.hathitrust.org/cgi/pt?id=nnc1.cu56779232&view=1up&am
p;seq=21
$1 in 1905 is worth $34.00 today according to https://www.in2013dollars.com/us/inflation/1905?amount=1

$11.16 per week (in 1905) * 52 weeks per year * 34 dollars (2023) per dollar (1905) = $19,731 per year

Answer: $11.16 per week in January 1905 has the same buying power as $19,731 per year in January 2023.

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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Thursday, February 16, 2023 6:26 PM

6IXSTRINGJACK


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

In that booklet, there are 331 "industries" that they recognize Americans worked in in 1905 (Page 16). However, when calculating their "Average" they only count 25 of those industries. (Page 17, which presents a table that shows the $11.16 number you're claiming).

https://babel.hathitrust.org/cgi/pt?id=nnc1.cu56779232&view=1up&am
p;seq=21
$1 in 1905 is worth $34.00 today according to https://www.in2013dollars.com/us/inflation/1905?amount=1

$11.16 per week (in 1905) * 52 weeks per year * 34 dollars (2023) per dollar (1905) = $19,731 per year

Answer: $11.16 per week in January 1905 has the same buying power as $19,731 per year in January 2023.

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


Irrelevant to any point you're trying to make and what we've been talking about today.

Also, false. Half the shit you could buy today didn't even exist in 1905, and half the shit you could buy in 1905 you couldn't buy today. Prices of various goods and services have increased at far different paces than other goods and services have in the last 120 years, and the means of production of everything we consume is completely different, so it wouldn't even be possible to sustain the lives of 8 Billion people with the technology at our disposal 120 years ago.

There is no possible way to even legitimately compare the value of a dollar today vs 120 years ago because the lifestyle we live would be so alien to the people of 1905 that we might as well be Klingons.

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Friday, February 17, 2023 5:27 PM

6IXSTRINGJACK


Wall Street Journal: To Save Money, Maybe You Should Skip Breakfast

https://www.wsj.com/livecoverage/cpi-report-today-january-2023-inflati
on/card/to-save-money-maybe-you-should-skip-breakfast-fSd6mz0miaAPhUFb2jgy


Fuck You, CUNT.


Before you skip breakfast, cancel your WSJ subscription.

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

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Saturday, February 18, 2023 4:48 PM

JEWELSTAITEFAN


LGBTQ

Let's Go Brandon Thought Quashers.

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Sunday, February 19, 2023 12:35 AM

6IXSTRINGJACK


Quote:
Originally posted by 6IXSTRINGJACK:
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.


I just got my gas bill for the month.

$67.00! That's the cheapest February bill I've had in 12 years.

It was $142.00 last year.


The electric/gas combo was down over $80 over the same month last year, despite the price increases, so now I've solidly given the power company over $100 less than I did last winter.

Get fucked, power company.

THIS is how you get stuff done, Second. Instead of just bitching and moaning about everything all the time like you do.




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Sunday, February 19, 2023 4:42 PM

6IXSTRINGJACK


That was premature. The actual bill hadn't been printed up, and I didn't realize that when you go back through your usage/history they only show the pre-tax figures.

The actual cost was around $73 for gas this month. But the $142 I paid last year would have also had taxes added to it so it's more or less the same.

So $153 for both gas and electric, compared to $234 last year. Not too shabby.

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

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

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Sunday, February 19, 2023 7:18 PM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:

THIS is how you get stuff done, Second. Instead of just bitching and moaning about everything all the time like you do.
You would have saved even more by using less. My bills:

-$98.48 ENTEX Natural Gas kept the house warm, showers Hot, and 2-3 loads of laundry daily.

-$105.45 MP2 ENERGY TEXAS Electricity and I charged the Ford Lightning on that.

Think how much money could be saved if I stopped driving and stopped taking hot showers twice per day, but instead did things the 6ixStringJack way: cold, dark, smelly and dirty clothes.

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, February 19, 2023 8:56 PM

6IXSTRINGJACK


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

THIS is how you get stuff done, Second. Instead of just bitching and moaning about everything all the time like you do.
You would have saved even more by using less. My bills:

-$98.48 ENTEX Natural Gas kept the house warm, showers Hot, and 2-3 loads of laundry daily.


Nobody is impressed that you kept your house warm in Texas.

Plenty of hot showers and clean clothes here, and my gas bill was $25 less than you in the Midwest February.

Fuck the environment so you can keep your house at 75 degrees, huh?


Quote:
-$105.45 MP2 ENERGY TEXAS Electricity and I charged the Ford Lightning on that.


No you didn't. You don't have a coal burning truck.

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Monday, February 20, 2023 8:40 AM

6IXSTRINGJACK


WSJ: More Auto Payments Are Late, Exposing Cracks in Consumer Credit

Borrowers with low credit scores fall behind in numbers unseen since 2010

https://www.wsj.com/articles/more-auto-payments-are-late-exposing-crac
ks-in-consumer-credit-3cbc2382?mod=hp_lead_pos5



Three-Quarters Report Suffering ‘Hardship’ From Bidenflation: I&I/TIPP Poll

There is no free lunch. President Biden's profligate fiscal policies and the Federal Reserve's lax monetary policies come at a price: American suffering.

https://tippinsights.com/three-quarters-report-suffering-hardship-from
-bidenflation-i-i-tipp-poll/

Quote:
When it comes to inflation, apparently, there are no parties, genders, classes, or races. Only pain.





Remember when we all saved $0.16 on 4th of July back in 2020? Those were the days, huh?



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

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

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Saturday, February 25, 2023 7:02 AM

SECOND

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


Strong upward revisions push real personal income to new highs - Angry Bear

Strong upward revisions push real personal income to new highs, put 2 important coincident indicators firmly in expansion territory

Almost all of the news in this morning’s release for personal income and spending for January was positive.

Nominally, personal income rose +0.6% and personal spending rose 1.8%. The deflator also rose +0.6%, making real personal income close to unchanged, and real spending (after rounding) up 1.1%.

But that wasn’t the biggest news. There were major upward revisions to real personal income in the past 6 months. The below graphs show the former values (blue) vs. the current revisions (red):

What had looked like moderate growth in real personal income suddenly looks very strong (once again: a big decline in gas prices can work wonders for inflation-adjusted data!).

This affects one of the coincident indicators used by the NBER to calculate if a recession has begun, real personal income less transfer receipts:

Again, what looked like tepid growth or even a YoY stall now looks strong.

There were only minor revisions for the last several months to personal consumption expenditures, making December -0.2% lower than previously reported. Still, the big growth in January took real personal spending to its highest level ever. As I’ve previously noted, personal spending is like the opposite side of the transaction from real retail sales. Here’s what the monthly changes in each look like for the past 18 months:

Both had an extra dose of seasonality, as big declines in November and December were offset by big increases in January.

The good news also applied to real manufacturing and trade sales for December. This which was updated this morning as well, jumping 1.5% for the month to an all time high except for March 2021 and January 2022:

This is also one of the coincident indicators tracked by the NBER, which means that both of them are at the moment firmly in expansion territory.

The only negative in this morning’s report was that the personal saving rate increased 0.2% to 4.7%:

While that’s good for individual households, due to the paradox of saving it is bad for the economy. When in the aggregate consumers save more, they spend less, which is a negative for the economy as a whole. As the above graph shows, typically as expansions go on, consumers save less. Then, as financial conditions like interest rates worsen, they tighten their belts and save more. That’s what we are seeing now.

https://angrybearblog.com/2023/02/strong-upward-revisions-push-real-pe
rsonal-income-to-new-highs

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, February 25, 2023 7:18 AM

SECOND

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


Japan’s core CPI hits more than 41-year high in January

Published: Feb. 23, 2023 at 6:43 p.m. ET
By Megumi Fujikawa

TOKYO — Japan’s core consumer prices excluding fresh food rose 4.2% from a year earlier in January, hitting a more than 41-year high, government data showed Friday.

That was faster than a 4% increase in December and marked the highest level since September 1981. It was the 10th consecutive month that inflation exceeded the Bank of Japan’s 2% target.

Consumer prices excluding fresh food and energy prices rose 3.2% from a year earlier in January, compared with December’s 3% increase.

The central bank has said it expected inflation to fall below its 2% goal in the fiscal year beginning in April.

https://www.marketwatch.com/story/japan-core-cpi-hits-more-than-41-yea
r-high-in-january-c31f352

United States Core Inflation Rates (1957-2023)

The annual core inflation rate is 5.6% for the 12 months ending January 2023 as compared to 5.7% previously, according to the U.S. Labor Department reported Feb. 14, 2023. As recently as September 2022, the core rate at 6.6% was the largest since August 1982.

Core inflation excludes certain items that are known for their volatility — namely, food and energy. (Read more about core inflation.) It is monitored almost as much as the bellwether inflation rate that measures pricing changes across all items.

https://www.usinflationcalculator.com/inflation/united-states-core-inf
lation-rates/

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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Friday, March 17, 2023 10:32 PM

6IXSTRINGJACK


Introducing the ‘Presidential Inflation Rate’: Biden trails only Carter

Overall prices have jumped 15 percent since president was sworn in

https://rollcall.com/2023/03/15/introducing-the-presidential-inflation
-rate-biden-trails-only-carter/

Fuck Joe Biden*.

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

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Monday, March 20, 2023 2:03 PM

6IXSTRINGJACK


Inflation is transitory. Nothing to see here.


You dumb fuckin' goons.


Hope you're proud of your votes and your covid behavior.

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Monday, April 3, 2023 12:19 PM

SECOND

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


The price of crude oil is now down to roughly its price before the pandemic.



https://jabberwocking.com/raw-data-the-price-of-oil/

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, April 3, 2023 12:34 PM

6IXSTRINGJACK


NOT ON THAT GRAPH: Oil just went up today and will continue to rise since nobody at OPEC+ (or anybody else with half a working brain) respects Joe Biden* or his administration.

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

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Monday, April 3, 2023 4:13 PM

SECOND

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


Quote:
Originally posted by 6IXSTRINGJACK:
NOT ON THAT GRAPH: Oil just went up today and will continue to rise since nobody at OPEC+ (or anybody else with half a working brain) respects Joe Biden* or his administration.
The point of OPEC is to raise prices. Rich oil people set the prices, not from respect of the Presidents in France or South Korea or anywhere. The reason why oil prices never go to infinity is that rich oil people start undercutting each other's price to make more money for themselves, but they don't pay any attention to what Presidents want the price to be. Unless the President also is a rich oil person or controls a Strategic Oil Reserve with infinite amounts of oil already stored, the President has no control over the price.

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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