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re: Went to Kroger today, then over to Walmart

Posted on 5/20/24 at 4:07 am to
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
42918 posts
Posted on 5/20/24 at 4:07 am to
quote:

quote:
the purchasing power of the USD is dwindling.
====
Compared to the world?

omigod = bless your poor heart
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51874 posts
Posted on 5/20/24 at 5:42 am to
quote:

Compared to the world?

Last I checked the USD was incredibly strong compared to any other option


WTF are you even talking about? The topic is about domestic inflation of the USD, did you miss that point or are you purposely trying to deflect away from it?
Posted by themunch
Earth. maybe
Member since Jan 2007
64767 posts
Posted on 5/20/24 at 6:15 am to
I think its a conspiracy. Store buyers forcing name products at higher prices.
Posted by RockoRou
SW Miss
Member since Mar 2015
681 posts
Posted on 5/20/24 at 6:19 am to
Get a 40 dollar Bidet and wipe your toilet paper problems away.
Posted by Gaggle
Member since Oct 2021
5683 posts
Posted on 5/20/24 at 6:36 am to
quote:

Can’t stand the one ply where your finger rips through it, giving yourself a prostate exam.
I, uh, have a different technique. I'm not pressing a single finger to my a-hole. I ball it up, and cup it between all fingers. Perhaps it's more advanced and took me more practice. But I've never had that issue, so I think you're the one doing it wrong. Godspeed.
Posted by RealDawg
Dawgville
Member since Nov 2012
9518 posts
Posted on 5/20/24 at 7:29 am to
Can’t believe there are people that still don’t use the bidets…especially with the price of TP. Also, no more clogs and cleaner booty.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424260 posts
Posted on 5/20/24 at 7:35 am to
quote:

Are you still trying to convince everyone Biden has an awesome economy?

Considering I have literally never said that, no.

Keep living in a fantasy world, though.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424260 posts
Posted on 5/20/24 at 7:37 am to
quote:

But wait till BRICS comes out with their digital dollar backed by petro instead of a wink and a handshake.

Why would this dollar fair better than the Euro, especially back when the EU was incredibly strong? The Euro never came close to overtaking the USD.

You expect a bunch of countries who are not aligned, are often in conflict, with shite economies, to produce a currency that out-performs the Euro exponentially? How?
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27880 posts
Posted on 5/20/24 at 7:41 am to
There's a lot of talking shite in this thread.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424260 posts
Posted on 5/20/24 at 7:41 am to
quote:

The topic is about domestic inflation of the USD

The reason the USD has remained so strong is because our inflation and economic malaise hasn't been as bad as other countries/currencies, post-Covid

People on this board have an apocalypse fetish and a desire for things here to collapse (while promoting crazy shite that is irrational like BRICS replacing us ).

Covid fricked everyone up, but we came out comparatively better than pretty much anyone else. People interpret this, stupidly, as proclaiming there are no issues with the US economy or government, which is silly. They are just hyper-fixated on the US failing because their team lost in 2020 and they've been on a 4-year nuclear-level melt since.
Posted by saint tiger225
San Diego
Member since Jan 2011
37422 posts
Posted on 5/20/24 at 8:39 am to
What if they had just restocked that good charmin because they knew your soft arse was coming and they were about to restock the cheap stuff but couldn't before you ran to your minivan to start melting about it on here?

Posted by FLTech
the A
Member since Sep 2017
12929 posts
Posted on 5/20/24 at 8:47 am to
Yea you should know that’s not how it works - stockers don’t work in the day time silly, they work at night time when there aren’t customers in the store

Yea, Kroger and Walmart must have called each other and said “hey let’s both stock up the expensive stuff at the exact same time”

Keep reaching for the sky though for excuses
This post was edited on 5/20/24 at 8:50 am
Posted by Captain Rumbeard
Member since Jan 2014
4224 posts
Posted on 5/20/24 at 8:54 am to
Wait. How is BRICS replacing the dollar 'irrational and crazy'?

It's why they did it. The economies on board are larger than ours when combined and we are past due for a new reserve currency. It's not like this hasn't happened multiple times in history. And it's happening right now. We could have done something about it at one point but infinite deficits require massive inflation if you ever want to pay it down.

Not exactly a selling feature for using the Dollar if you have options.
Posted by oldtrucker
Marianna, Fl
Member since Apr 2013
1632 posts
Posted on 5/20/24 at 8:55 am to
We put the Charmin in the master bath and the cheap stuff in the other.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262129 posts
Posted on 5/20/24 at 8:56 am to
quote:



WTF are you even talking about?


He has no fricking clue. The average American is getting royally fricked.

I used to take him at his word he was really smart. Now I realize hes just autistic and socially weird. He wrongly fights on the opposite side when he's clearly not understanding the conversation.


He doesnt understand cause/effect, so he uses a lot of pop buzzwords.
This post was edited on 5/20/24 at 9:02 am
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69050 posts
Posted on 5/20/24 at 9:01 am to
I noticed a long line building up at the food bank. I hadnt seen it for a while so thought maybe things were getting better, then i realized their tax money prob ran out so they are back at the food banks.


Posted by GumboPot
Member since Mar 2009
119074 posts
Posted on 5/20/24 at 9:04 am to
The signs of a recession are showing up in layoffs and retail store closings but they are not showing up in unemployment numbers yet. Why? I suspect two reasons:

1. Unemployment numbers are lagging.
2. People getting laid off are picking up other parttime jobs, like Uber, Uber Eats, etc. They are underemployed and not showing up in the official government statistics.


Despite government statistics most people can "feel" that the economy is not doing well. Sure it's doing well for Wall Street and the people close to the Money Printers (Federal Reserve) but it is not doing well for the rest of us.

So what metric can we use to illustrate the fact that the easy money printing is not reaching the masses? Velocity of money.

The velocity of money has dropped off the cliff:





quote:

What Is the Velocity of Money?
The velocity of money is a measurement of the rate at which money is exchanged in an economy. It is the number of times that money moves from one entity to another. The velocity of money also refers to how much a unit of currency is used in a given period of time. Simply put, it's the rate at which consumers and businesses in an economy collectively spend money.

The velocity of money is usually measured as a ratio of gross domestic product (GDP) to a country's M1 or M2 money supply. The word velocity is used here to reference the speed at which money changes hands.


LINK

Note M1 money supply is very liquid. M2 money supply is less liquid and includes retirement accounts, CDs, etc. referred to as "near money".

M1 is more of a "feel" for the economy than M2.

M1

M2
Posted by GumboPot
Member since Mar 2009
119074 posts
Posted on 5/20/24 at 9:08 am to
quote:

I agree with that for the most part. But wait till BRICS comes out with their digital dollar backed by petro instead of a wink and a handshake.



The BRICS have already agreed to settle trade in gold backed currency. These countries can print all they want within their own countries but between counties trade has to be settle in currency backed by gold.

LINK
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262129 posts
Posted on 5/20/24 at 9:08 am to
quote:

but they are not showing up in unemployment numbers yet.


They're creating jobs by pushing money into the system at full employment.

These are uber low paying jobs Americans will not work. Its an immigrants country going forward.

Stuffing the economy with money at 4% unemployment leads to massive inflation, we're creating unnecessary jobs.

Posted by Flats
Member since Jul 2019
21972 posts
Posted on 5/20/24 at 9:09 am to
quote:

Last I checked the USD was incredibly strong compared to any other option


“That is not what this thread is about.”

Do I owe a copywrite fee or anything?
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