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re: "delete"
Posted on 11/10/26 at 2:53 pm to CalTiger53
Posted on 11/10/26 at 2:53 pm to CalTiger53
What about the Trump tariffs?
Posted on 11/10/26 at 2:56 pm to tween the hedges
quote:
So is your solution to keep minimum wage low to combat rising prices?
Prices go up because of corporate greed and shareholders expecting exponential growth full stop.
So you are economically illiterate.
Posted on 11/10/26 at 2:58 pm to CalTiger53
Dude
The higher prices are a result of the Iran war and tarrifs.
Stop trying to spin it
The higher prices are a result of the Iran war and tarrifs.
Stop trying to spin it
This post was edited on 11/10/26 at 2:59 pm
Posted on 11/10/26 at 3:00 pm to TigerAxeOK
quote:
The big oil corps could be playing the friend right now and truly helping us, but they're choosing greed and immensely inflated profit margins. I'm pro-industry and always have been, even with many family members and friends making their living in midstream and refinement. But what the corporate brass is doing, is bullshite.
I think they're sticking it to Trump. I've heard there was a lot of shouting going on in the several executive meetings he called.
Posted on 11/10/26 at 3:01 pm to CalTiger53
quote:
More important than that is the minimum wage that has gone up from $7.5 /hour to $17.5/hour in many states which makes almost everything more expensive.
Can you list the states with a minimum wage at or above $17.50 an hour?
Posted on 11/10/26 at 3:02 pm to CalTiger53
quote:
The main factor is demand for refined products is high but refining capacity is low.
We have closed refineries the last two decades and haven't replaced their capacity.
Posted on 11/10/26 at 3:02 pm to LSUAlum2001
Thanks Dems and green energy stupidity.
Posted on 11/10/26 at 3:03 pm to TigerAxeOK
quote:
Look at the profits of oil companies right now. Record-setting gains across the board while the average American struggles to afford the fake bread Walmart sells us.
Quick question
What is the profit per unit that the oil companies make per gallon of gasoline sold?
Posted on 11/10/26 at 3:07 pm to CalTiger53
How much has consumption dropped off?
Good old supply and demand.
What have consumers stopped buying because of prices?
Doesn’t look like much to me anecdotally, but I’m sure there is some data.
Good old supply and demand.
What have consumers stopped buying because of prices?
Doesn’t look like much to me anecdotally, but I’m sure there is some data.
Posted on 11/10/26 at 3:27 pm to Mo Jeaux
quote:
Do you have private equity investments in your 401k?
You know that I don’t. What I’m saying is that PE also owns the same stocks I do, and the price of the stock reflects their influence.
Posted on 11/10/26 at 4:24 pm to CalTiger53
quote:
Main causes of higher prices
It's wild that nobody considers that printing $7 trillion dollars during covid had anything to do with the massive inflation.
It's like we live in some magical universe where that didn't happen and chose to put the blame on tariffs and gas prices.
Posted on 11/10/26 at 4:25 pm to CalTiger53
The muh gas bros don't have time for your long winded explanations.
Posted on 11/10/26 at 4:32 pm to Purple Spoon
You forgot the printing machine.
That is the #1 cause of inflation is the M1 supply.
And something most people are simply too dumb to understand is that the price of things are rising, the value of your dollar is decreasing.
That is the #1 cause of inflation is the M1 supply.
And something most people are simply too dumb to understand is that the price of things are rising, the value of your dollar is decreasing.
Posted on 11/10/26 at 4:40 pm to tween the hedges
quote:
Prices go up because of corporate greed and shareholders expecting exponential growth full stop.
Would you like to be embarrassed now or later, Econ major?
Posted on 11/10/26 at 4:54 pm to tween the hedges
quote:
Prices go up because of corporate greed and shareholders expecting exponential growth full stop.
Have you noticed prices on electronics and many home appliances go down? Even gas prices goes down.
Do prices fluctuate based on the amount of greed that people and organizations feel?
Do businesses go out of business because they just weren’t greedy enough?
Is the parent company of Olive Garden less greedy than Ruth’s Chris?
Is Amazon less greedy than Walmart?
Is Costco less greedy than Rouse’s?
Are poor people greedy to want more than they can spend with their own money?
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