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re: Prices of goods we use every day are rising at their fastest pace in three years

Posted on 5/5/21 at 8:51 am to
Posted by TDTOM
Member since Jan 2021
24497 posts
Posted on 5/5/21 at 8:51 am to
quote:

Gold has gone up year after year for several now. Even pre-Covid, not because of it.



You are totally missing my point. We have had insane spending since Covid. One would think that would lead to rampant inflation. Historically speaking gold should have exploded. It is up a meager 6ish%.
Posted by White Bear
AT WORK
Member since Jul 2014
17186 posts
Posted on 5/5/21 at 8:53 am to
quote:

It will be very interesting when evictions are made legal again.

Scruffy won’t be surprised if another stimulus check is pushed through.


I heard a radio ad last week talking about tenant and landlord gov assistance. Sugar is paying both sides!
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 5/5/21 at 8:53 am to
6% over its historical high? That's a good thing. You just didn't get in early enough. Tony Beets would tell you that.
This post was edited on 5/5/21 at 8:54 am
Posted by Jon Ham
Member since Jun 2011
29585 posts
Posted on 5/5/21 at 8:54 am to
quote:

In your case, one poster was too vague for you to feel like it's worth sharing your vast knowledge to the masses.


Again, I’m not making any assertions about this topic. On the contrary, I am asking to be educated. Somehow you conclude I’m acting like a “know it all” because I’m asking questions. I would be acting like a “know it all” if I made a bold, vague prediction and then denigrated someone who asked me for specifics.
Posted by TDTOM
Member since Jan 2021
24497 posts
Posted on 5/5/21 at 8:55 am to
I am starting to see why people say you are a shitty poster. You are purposefully obtuse. Have a shitty day.
This post was edited on 5/5/21 at 8:56 am
Posted by Scruffy
Kansas City
Member since Jul 2011
76508 posts
Posted on 5/5/21 at 8:59 am to
This thread consists of 2 types of posters:

1. The doom crowd - predicting hyperinflation and a collapsing dollar

2. The “we are perfectly fine” crowd - rejecting any and all signs that something is wrong economically

Is it better to be a 1 or a 2?
This post was edited on 5/5/21 at 9:00 am
Posted by Penrod
Member since Jan 2011
51846 posts
Posted on 5/5/21 at 9:01 am to
quote:

Ehh you forget one thing though. Trump let governors do as they please.

Ehh, it’s you who have forgotten one thing: Federalism. Biden can’t make the Governors shut down, nor has he.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 5/5/21 at 9:02 am to
Wait, so youre guessing gold should just hit a mark you would think is a good return or something? Gold has been on a tear for years. How is that obtuse? IT'S GOLD. But join the little SDS club and take your shots I guess. Have a great day.
This post was edited on 5/5/21 at 9:02 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93028 posts
Posted on 5/5/21 at 9:03 am to
Well he and many others in this thread voted for this inflation with joy
Posted by Penrod
Member since Jan 2011
51846 posts
Posted on 5/5/21 at 9:04 am to
quote:

He also kept saying repeatedly that the answer wasn’t more stimulus and that we need to open everything up and get back to work.

He was forced to pass stimulus if he wanted to have any chance to win the election.

So you are saying that Trump knew better, but he participated in the farce to be reelected. I agree. That can be said about Biden as well. In fact, as I know you are aware, it was always predicted that our democracy would perish when the people realized they could vote themselves money from the treasury. This has been accelerating under Reagan, Bush, Clinton, Bush fil, Obama, Trump, and now Biden.
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
12610 posts
Posted on 5/5/21 at 9:04 am to
quote:

This thread consists of 2 types of posters:

1. The doom crowd - predicting hyperinflation and a collapsing dollar

2. The “we are perfectly fine” crowd - rejecting any and all signs that something is wrong economically

Is it better to be a 1 or a 2?

What if you don’t think we are “perfectly fine” but also don’t think we are on the brink of becoming a third world country?

Because I feel like that’s really where most of your “#1” posters fall.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 5/5/21 at 9:05 am to

Another fanboy. Klark, anything you want to add?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93028 posts
Posted on 5/5/21 at 9:06 am to
What policies so far have you the most excited from your hero?
Posted by Pintail
Member since Nov 2011
11879 posts
Posted on 5/5/21 at 9:12 am to
quote:

That's just the price of equity, amirite?


FIFY
Posted by slackster
Houston
Member since Mar 2009
91300 posts
Posted on 5/5/21 at 9:13 am to
quote:

So much melodrama in this thread.


They can’t help it.

They’ve been begging for traditional inflation for over a decade and the slightest sign of it under a Dem president makes their panties wet.

I’m all for blaming Biden for whatever he fricks up - and he almost certainly will frick up - but the responses in this thread are comical.
Posted by wadewilson
Member since Sep 2009
40094 posts
Posted on 5/5/21 at 9:14 am to
quote:

, it was always predicted that our democracy would perish when the people realized they could vote themselves money from the treasury. This has been accelerating under Reagan, Bush, Clinton, Bush fil, Obama, Trump, and now Biden.


shite, if people can vote themselves money from the treasury, you can blame a lot of this on FDR.
Posted by slackster
Houston
Member since Mar 2009
91300 posts
Posted on 5/5/21 at 9:15 am to
quote:

Well he and many others in this thread voted for this inflation with joy


So all of these YoY price increases are because of the third stimulus bill? The other, much larger programs Trump signed into law aren’t to blame?
Posted by AUCE05
Member since Dec 2009
44860 posts
Posted on 5/5/21 at 9:17 am to
Yeah. Boomers are quick to look past Medicad and Social Security when talking about welfare.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 5/5/21 at 9:18 am to
quote:

What policies so far have you the most excited from your hero?


Umm, pretty much just the BDS it brings. Right? The Dementia Man Bad hand wringing?


But seriously, hard to say what policy or EO has accomplished a thing. You're in the same Boat w how things haven't changed one damn bit since 2017. And that's by design, Friend. Pick your side for all I care. It's all a scam.

Posted by Klark Kent
Houston via BR
Member since Jan 2008
73019 posts
Posted on 5/5/21 at 9:19 am to
quote:

Another fanboy. Klark, anything you want to add?


The frick? I’ve been in meetings all morning and taking care of my infant son. Get fricked Sao. You disingenuous lying sack of shite.

And for the record the solution is simple: stop blaming one administration or the other. Stop printing money. Stop increasing government handouts and open up the fricking economy.
This post was edited on 5/5/21 at 9:23 am
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