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re: Inflation
Posted on 1/15/22 at 10:35 am to JohnnyKilroy
Posted on 1/15/22 at 10:35 am to JohnnyKilroy
quote:
The Market is picking winners. Demand for EVs is outpacing every expectation and the newest crop of EVs are going for 4 and 5 figures over MSRP. Teslas enjoy close to if not the highest resale value on the market. There's no subsidy for buying a used EV.
Yea, the uh, market is deciding huh......
LINK .
And Bidens EO's on O&G have nothing to do with anything....
0
Posted on 1/15/22 at 10:45 am to JohnnyKilroy
Johnny you are naive to think Ev’s aren’t highly subsidized. Just pay attention. I have nothing against nuclear power. In fact, it’s probably the best way to generate electricity. It has be to safe and technology to handle the waste needs more development but overall I’m pro nuclear.
I’m not pro executive orders or green technology for the sake of a political correctness. The market isn’t free if political decisions pick winners.
I’m not pro executive orders or green technology for the sake of a political correctness. The market isn’t free if political decisions pick winners.
Posted on 1/15/22 at 10:50 am to dovehunter
quote:
Johnny you are naive to think Ev’s aren’t highly subsidized. Just pay attention. I have nothing against nuclear power. In fact, it’s probably the best way to generate electricity. It has be to safe and technology to handle the waste needs more development but overall I’m pro nuclear.
That’s what I thought.
Posted on 1/15/22 at 12:05 pm to JohnnyKilroy
Already used this years I series limit.
Posted on 1/15/22 at 9:13 pm to dovehunter
Harry Dent is predicting a 80-90% market crash. He’s saying this is the biggest bubble of all time
Posted on 1/15/22 at 10:03 pm to lsuoilengr
I have been tracking Harry Dent’s predictions for the past 10 years. He has been consistently very wrong.
Posted on 1/16/22 at 10:14 am to JohnnyKilroy
good grief you are ignorant.
Posted on 1/16/22 at 10:44 am to dovehunter
Inflation is good. We just have to fight hyperinflation. Reality is the feds will have to cut the flow of fiat (raise interest rates). Problem with that is the democrats have made a bunch of promises with social programs and find themselves in a spot. Biden is in a tough spot with midterm elections this year.
Pro tip:
If you wanna make a bunch of money, follow the amount of money in tether. When whales start loading up, a crypto crash will follow.
Pro tip:
If you wanna make a bunch of money, follow the amount of money in tether. When whales start loading up, a crypto crash will follow.
This post was edited on 1/16/22 at 10:47 am
Posted on 1/16/22 at 2:42 pm to AUCE05
quote:
follow the amount of money in tether. When whales start loading up, a crypto crash will follow.
Explain this like I’m 5 years 8 months.
Posted on 1/16/22 at 10:13 pm to Meauxjeaux
Tether is a stable coin (1:1 usd). When whales (people with millions in btc, etc) start converting to tether, a crash follows.
Posted on 1/17/22 at 10:02 pm to thatguy777
quote:
Inflation is peaking...we are in a peak cycle coming out of a recession, covid 2020. What did people expect. Do people forget march 2020? Fed stepped in to do everything they could, now we are feeling it.
Not even close. What’s happening right now is people are just numb to it. Every level of the chain has been able to pass it along so far and put it in the consumers lap. That can’t continue. Even industries that don’t even need to raise prices are doing it, because they can. And then they guy who thought he was good with the last increase now raises again. Rinse, repeat. And finally, Crash. Burn. We never had a real recession.
Posted on 1/18/22 at 5:01 am to dovehunter
quote:
I can’t see less than 10% inflation for the foreseeable future
Expect it, and it’s worse than they are reporting because of how much they massage the numbers. There was an article a while back using the formula they used back in the early 80’s and they came up with around 15%. That was when they were saying the current inflation was 5-6%
15% seems a lot closer to what I see buying regular goods. They conveniently leave out things like gas and everyday products. Making up for the inflation through stock Investment is getting very, very difficult. You can easily compound your problem
This post was edited on 1/18/22 at 5:05 am
Posted on 1/18/22 at 8:55 pm to xxTIMMYxx
small rate hike
psyop the plebs into thinking inflation is under control
then back to printing
psyop the plebs into thinking inflation is under control
then back to printing
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