- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How long do yall think it will take for Trump to get grocery prices back under control?
Posted on 12/14/24 at 5:46 pm to TT9
Posted on 12/14/24 at 5:46 pm to TT9
Right - the entire "make America great again" platform is contingent on shitting all over our great country in the first place
This post was edited on 12/14/24 at 5:49 pm
0
Posted on 12/14/24 at 5:48 pm to BallHawg10
He won’t. In order to get prices lower he would have to have deflation (obviously), and that means too little money chasing too few goods, which is a recession.
Posted on 12/14/24 at 5:59 pm to HailHailtoMichigan!
quote:
except for the pesky fact that illegals aren’t concentrated in certain sectors but are (statistically speaking) randomly distributed across economy
Illegal aliens are actually concentrated in a handful of sectors.
Is your contention they are evenly distributed in finance, insurance, healthcare, education, professional/business services, retail and government?
Those sectors alone make up a large percentage of the economy. Pull all the illegals out and Ag, meat processing, hospitality, and construction are going to take a massive hit. I can't imagine arguing that fact.
Posted on 12/14/24 at 6:21 pm to BallHawg10
quote:
I’m realistic so I know it’s gonna take some time and not be immediate but just curious how long we’re talking? The sooner the better that’s for sure lol
I don't know, but I suspect that we are paying back those stimulus checks with interest, that they gave to every American, back in 2020. You can't just give three rounds of free money to every person in America without thinking it won't have a major effect on inflation.
The safest thing to do is buy gold and silver and hold on to it. Paper money is proving itself to be worthless. The government even refuses to honor silver certificates from the 1930's.- 50's. I have three of these one dollar notes, and they are only worth face value. Based on inflation, they should be worth nearly $25.00 each.
Yet, a Franklin half dollar coin from the 1950's - 60's is worth about $13.00 a piece (melt value) because coins contained silver back then. This proves that the silver/gold commodity will increase in value but not the paper note.
This post was edited on 12/14/24 at 6:24 pm
Posted on 12/14/24 at 6:26 pm to Candyman
this thread just keeps on delivering
Posted on 12/14/24 at 6:32 pm to John Barron
quote:
That's why credit card debt is at a all time high.
Credit card debt was at a record high in Q4 2019 after 3 years of trump. Was that economy unsustainable?
Posted on 12/14/24 at 6:39 pm to Klark Kent
quote:
you know what’s also inflationary? shutting down our economy for a glorified flu.
That happened during the last Trump administration. I frankly doubt that even Trump can top that this time, but we will see.
Trump’s opportunity this time is that the US is in a significantly stronger international position than when he was sworn in last time, and Russia and Iran are significantly weaker. The US can exert tremendous international influence in a number of areas. Also, Trump comes in with four years of experience. He’s in a better position than last time. As long as his age doesn’t get the best of him, he at least understands the job.
But this economic voodoo he peddled during the campaign is bullshite, and will harm America’s position. I hope he gets good advice.
Posted on 12/14/24 at 6:50 pm to Candyman
quote:
You can't just give three rounds of free money to every person in America without thinking it won't have a major effect on inflation.
Speak for yourself.
Posted on 12/14/24 at 6:54 pm to Obtuse1
quote:
Speak for yourself.
This is what happens when governments' spend too much money and don't have gold or silver to back it up:
Posted on 12/14/24 at 7:01 pm to BallHawg10
Never has happened and never will.
OTOH, car prices will be coming down. Already are and maybe a couple auto companies will cease to exist.
OTOH, car prices will be coming down. Already are and maybe a couple auto companies will cease to exist.
Posted on 12/14/24 at 7:05 pm to Candyman
But what about Bitcoin and the Bitcoin Federal Reserve? Isn’t that a thing?
Posted on 12/14/24 at 7:10 pm to cgrand
Issue? Nah no issue. I see it how it is.
Posted on 12/14/24 at 7:18 pm to ManWithNoNsme
Lot of broke people in this thread.
Posted on 12/14/24 at 7:31 pm to Candyman
quote:
This is what happens when governments' spend too much money and don't have gold or silver to back it up:
My point was (and I empasized your text) not everyone in America got those checks.
Posted on 12/14/24 at 7:35 pm to Traffic Circle
quote:
But what about Bitcoin and the Bitcoin Federal Reserve? Isn’t that a thing?
I don't know much about bitcoin. I know there isn't anything (gold or silver) to back it, so there is no real value. Something that is starting to get popular today is the goldback. This is a gold foil currency that has a tiny bit of gold in it. People in some states are using this to trade with. There are different denominations you can buy.
Or, you can order tiny gold or silver bars sold by the grain. You break off each grain bar and use it as payment. Some people have started doing this.
Posted on 12/14/24 at 7:47 pm to theronswanson
quote:
Trump literally said numerous times on the campaign trail he would “immediately” bring the price of groceries down. Millions of people voted for him based on that promise. I don’t think it’s out of line to expect a quick reduction in prices based on what Trump has explicitly promised. He isn’t like other politicians and keeps the promises he makes.
Posted on 12/14/24 at 7:59 pm to Candyman
Yeah a guy tries to pay me with a little scrap of metal he claims is gold we're gonna have a problem.
Posted on 12/14/24 at 8:14 pm to ManWithNoNsme
Tie up loose money in a high yield CD. yes, it’s boring. It’s also zero risk.
Posted on 12/14/24 at 8:34 pm to Jim Rockford
quote:
Yeah a guy tries to pay me with a little scrap of metal he claims is gold we're gonna have a problem.
One of those little scraps of gold is worth about $13.00, and it will only become more valuable over time as inflation continues. The greenback is 1/1000th of an ounce. It's worth about $6.50.
Posted on 12/14/24 at 8:39 pm to dukke v
quote:
Prices are not going anywhere anytime soon.
quote:
dukke
Well now we know they’re definitely coming down.
Thanks PJ!
Page 15 of 16
Popular
Back to top
Follow TigerDroppings for LSU Football News