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re: Inflation is back on the menu, guys!

Posted on 12/22/23 at 10:40 am to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35685 posts
Posted on 12/22/23 at 10:40 am to
quote:

So it’s just the food I’m buying that’s going up? Maybe... What I do know for sure is my grocery bill has continually rose and is higher now then ever


So you’re one of those people who thinks “lower inflation” means lower prices?
Posted by cssamerican
Member since Mar 2011
7194 posts
Posted on 12/22/23 at 10:42 am to
quote:

So you’re one of those people who thinks “lower inflation” means lower prices?

Year over year if the prices rise you have inflation. The price only goes down if you have deflation.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35685 posts
Posted on 12/22/23 at 10:45 am to
So then why did you ask why your grocery bill is higher than ever?


If things are working as intended, your grocery bill will ALWAYS be higher than ever.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/22/23 at 11:06 am to
quote:

If things are working as intended, your grocery bill will ALWAYS be higher than ever.


at what rate increase are we permitted to complain about JK?
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27403 posts
Posted on 12/22/23 at 11:16 am to
quote:

at what rate increase are we permitted to complain about JK?


Our masters at the Fed will tell you that you should expect to see 2% of the value of your money evaporate every year, and that that is a good thing. So I guess they would say anything appreciably higher than that?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 12/22/23 at 11:18 am to
quote:

Biden made a particularly idiotic statement recently, claiming now that “inflation was falling” it was “price gouging” if companies didn’t lower the price of goods. If inflation is falling, prices are still going up, albeit a bit slower than before, jackass.



and the media said nothing im assuming
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27403 posts
Posted on 12/22/23 at 11:24 am to
quote:

and the media said nothing im assuming


*shrugs*

No clue, but probably not. I try not to follow the media outrage machine.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66559 posts
Posted on 12/22/23 at 11:27 am to
quote:

Now imagine if the Fed does cut rates next year.


I don't see how they can unless it is purely politically motivated


Ideally they’d keep raising them. People’s poor choices need to be exposed and reset.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27403 posts
Posted on 12/22/23 at 11:31 am to
quote:

Ideally they’d keep raising them. People’s poor choices need to be exposed and reset.


This is politically driven spite. Inflation is a lagging indicator. With the rate of inflation moving in the right direction, there’s no reason not to keep rates where they are and see what the full effect is. If inflation starts rising or stagnates, we can talk about more rate increases.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/22/23 at 11:42 am to
quote:

No clue, but probably not. I try not to follow the media outrage machine.


so you don’t care if inflation is over 2%…

Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/22/23 at 11:42 am to
quote:

Ideally they’d keep raising them. People’s poor choices need to be exposed and reset.


this
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27403 posts
Posted on 12/22/23 at 11:50 am to
quote:

so you don’t care if inflation is over 2%…


Yes, because that can be reasonably construed from my previous several posts on this thread…

Sometimes you manage to be reasonable for a few minutes, but you always seem to follow it up with some mindless drivel like this
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/22/23 at 11:53 am to
well, one can easily draw a line between 2 dots. The media clearly ignores the inflation year over year for the last several years (for reasons). And Josh, seems to not conveniently notice that….so, the safe assumption being
This post was edited on 12/22/23 at 11:58 am
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9806 posts
Posted on 12/22/23 at 11:54 am to
You can’t be serious.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35685 posts
Posted on 12/22/23 at 11:57 am to
quote:

at what rate increase are we permitted to complain about JK?


You can complain whenever you want. I’m not your dad.


The grocery bill is always going to be higher. We have only had a few instances in modern history where the grocery bill went down year over year. Those weren’t what any normal person would call “good times”.

Then again you come off like a miserable count in most threads so maybe you’d be happy if things got even shittier.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/22/23 at 12:04 pm to
quote:

I’m not your dad.


thank fricking Christ.

quote:

The grocery bill is always going to be higher. We have only had a few instances in modern history where the grocery bill went down year over year. Those weren’t what any normal person would call “good times”.

Then again you come off like a miserable count in most threads so maybe you’d be happy if things got even shittier.



i’d be happier if miserable tryhards weren’t disingenuous about the reality for most of americans. fyi, you keep doing this thing, believing I value your self-inflated opinion. it’s a waste of time.
This post was edited on 12/22/23 at 12:11 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35685 posts
Posted on 12/22/23 at 12:12 pm to
quote:

fyi, you keep doing this thing, believing I value your self-inflated opinion. it’s a waste of time.


quote:

who has the gun to your head telling you to reply to my posts?
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/22/23 at 12:13 pm to


Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27403 posts
Posted on 12/22/23 at 12:25 pm to
quote:

well, one can easily draw a line between 2 dots. The media clearly ignores the inflation year over year for the last several years (for reasons). And Josh, seems to not conveniently notice that….so, the safe assumption being


Your assumption is nonsensical and asinine. My posts for the last two pages have been overtly hostile to both the Fed and inflation as a theft of earned value. One has to be trolling or willfully blind to construe my reply saying that I don’t follow the media outrage machine, so I have no idea what their reaction was to Biden’s idiotic statement, to mean that I’m somehow in favor of the Fed’s inflationary monetary policy.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 12/22/23 at 12:47 pm to
hmm. after reviewing the evidence, i retract my previous statement.
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