I'm surprised there's not an inflation thread yet

POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
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JEWELSTAITEFAN

Sunday, February 6, 2022 1:54 AM

Quote:
Originally posted:
Starbucks: "we are forced to raise prices due to inflation and supply-chain issues"

Also Starbucks: "our profit just went up 31% and we gave our CEO a 39% raise to $20.4 million"

Companies are doing a great job rebranding corporate greed as "inflation"

https://twitter.com/DanPriceSeattle/status/1488726631493550085

Evil Libtard Starbucks has always been evil. Only Libtards don't know this.

JEWELSTAITEFAN

Sunday, February 6, 2022 2:08 AM

Quote:
Originally posted:
Next time you hear about "supply chains" and "inflation" causing rising gas prices, keep in mind:

Exxon just posted a $8.9 billion profit and is giving it all to shareholders and executives via a stock buyback.

We have a corporate greed problem, not an inflation problem

https://twitter.com/DanPriceSeattle/status/1488632447495516163

A Q4 profit $8.9B on $85B of Revenue. After a 2020 Q4 loss of $20B on $46B of Revenue. (LOSS of about 44%) Combined for a loss of $11B on $131B of Revenue.

Over the last 8 Quarters, $0.6B Loss on $467B of revenue.

Any way you slice it, this is less than 11% return on investment.

This from a large corporation, which is able to maintain a remarkable level of price consistency and stability. When was the last time you went to the pump and found the day's price was $10 per gallon? Even when the company was losing money?

What kind of moron calls this GREED? Oh, yeah. The sloppysecondsbot kind of moron.

SECOND

Friday, February 11, 2022 12:59 AM

Germany: Annual inflation hits highest rate since 1993

In 2020, Germany's average inflation was still relatively low at 0.5%. By December 2021, the year-on-year increase in prices stood at 5.3%.

It was the second time since reunification that German inflation had topped the 5% mark, after coming in at 5.2% in November.
https://www.dw.com/en/germany-annual-inflation-hits-highest-rate-since
-1993/a-60348926

The US consumer price index rose 7.5% in the 12 months ending January, not adjusted for seasonal swings, the Bureau of Labor Statistics said Thursday. It was the steepest annual price increase since February 1982 and worse than economists had forecast.

Stripping out food and energy prices, which tend to be more volatile, prices increased by 6% between January 2021 and January 2022, marking the largest increase since August 1982. Food prices rose 7% over the same period, while energy prices rose 27%, led by fuel oil and gasoline prices.
https://www.cnn.com/2022/02/10/economy/january-consumer-price-inflatio
n/index.html

https://think.ing.com/snaps/australian-inflation-rises-sharply

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

6IXSTRINGJACK

Friday, February 11, 2022 1:41 AM

Yeah. Joey and Miss Merkel are an incredible team.

At least they're both bringing in unprecedented levels of illegal citizens into their countries to share the poverty.

--------------------------------------------------

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

SECOND

Friday, February 11, 2022 1:59 AM

Quote:
Originally posted by 6IXSTRINGJACK:
Yeah. Joey and Miss Merkel are an incredible team.

At least they're both bringing in unprecedented levels of illegal citizens into their countries to share the poverty.

Merkel has been replaced by Olaf Scholz. Prices are set by rich industrialists, not by governments. I don't expect you understand that, but that's the way it is, unless government freezes prices, which happens during wars and works just as well as letting prices rise until the rich industrialists have taken all the money.

What is the upper limit on price increases? It may seem a tautology, but prices can't go higher once the rich have all the money, which is their goal in Capitalist countries. This is why the lower 50% of the population, economically speaking, have no money. The rich have successful achieved their goal and have moved on to new and loftier goals, harder to achieve -- taking all the money from the upper 50% of the population.

Median and average net worth by education level in the U.S.
Median Average
$20,780 $137,580 No high school diploma
$73,890 $304,590 High school diploma
$89,280 $374,010 Some college
$308,800 $1,516,910 College degree

Source: Federal Reserve - Survey of Consumer Finances, 1989 - 2019
https://financebuzz.com/us-net-worth-statistics

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

6IXSTRINGJACK

Friday, February 11, 2022 2:09 AM

Biden*'s energy policy is directly to blame for the energy costs today.

Until you accept and admit that, we've got nothing further to discuss.

Quote:

Median and average net worth by education level in the U.S.
Median Average
$20,780 $137,580 No high school diploma
$73,890 $304,590 High school diploma
$89,280 $374,010 Some college
$308,800 $1,516,910 College degree

I'm nearing the high end for my bracket, despite the fact I've only worked about 5 years out of the last 11.

Man I'm awesome.

--------------------------------------------------

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

6IXSTRINGJACK

Friday, February 11, 2022 8:41 AM

https://www.bloombergquint.com/gadfly/inflation-is-so-high-american-sh
oppers-are-finally-cutting-back-on-meat

No More Steak? American Consumers Try to Beat Inflation

You chuckle fucks printing money got me to stop eating steak 13 years ago.

Thanks for continually splitting the stock but never giving me the split.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

SECOND

Friday, February 11, 2022 4:38 PM

Quote:
Originally posted by 6IXSTRINGJACK:

Biden*'s energy policy is directly to blame for the energy costs today.

Until you accept and admit that, we've got nothing further to discuss.

. . .

Man I'm awesome.

6ix, are you absolutely sure Biden's policy is to blame for energy prices? I only ask because I professionally know the mechanism for fuel price inflation is the same as for real estate price inflation. I hope you understand real estate, since you plan on making a suitcase full of money when you sell your house. Your house is a large fraction of the net worth you are bragging about. It is you setting the price on your house, not Biden. Maybe an illustration from the real estate rental market will get you thinking about how inflation really works:

I wish folks would stop telling young people how to manage their money. I paid $310 for my first apartment. Based on inflation, it should go for $850 per month now but the rent is $1600. You can't "personal finance" your way out of greedy landlords and depressed wages.
https://twitter.com/humanworkplace/status/1359205579894456326

The driving mechanism for real estate inflation is simple greed -- charge the highest price you can get, take all their money. And Washington DC has no control of the prices.

6ix, when you sell your house, get greedy. The only limit on your greed is how much money your buyer has. Too greedy and the house won't sell. As in real estate, the same is true for energy costs, except you buy energy a thousand times more frequently than houses, but the principle of greed and inflation are the same for houses and energy.

I assume it is obvious, but for the record the people who are greediest, and responsible for causing inflation, do not want you to understand that their greed drives inflation. They want you to believe prices increase for abstract reasons of policy that can be blamed on government/Federal Reserve Bank Interest Rate/Money Supply/Printing Money rather than blame them. This misleading of buyers is a well known path to wealth for sellers.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

6IXSTRINGJACK

Friday, February 11, 2022 8:49 PM

I've made the purchase price back and over $30,000 on my house just from not paying rent. And that's with a conservative figure of $800 per month rent I haven't paid in 11 years by having it. We both know I've made quite a bit more than that.

I'll get what it's worth when I sell it. Or else I won't sell it.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

6IXSTRINGJACK

Friday, February 11, 2022 9:02 PM

Almost everything in this CNN article is bullshit, but they can't deny anymore that American's aren't happy and that Biden* is a total failure.

A grim portrait of Biden's unhappy America

https://archive.ph/kTPFh

Archived, because CNN needs to die.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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