Real World Event Discussions

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

POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 37 of 84

Friday, August 12, 2022 7:47 AM

Quote:

Originally posted by second:
6ix, if you hate the prices you're paying at your local gas station



I haven't bought gas in 6 weeks.

Quote:

or grocery store


I've hardly bought any food in 3 months and what I have bought was at an extreme discount and cheaper than what idiots were paying before Biden*'s inflation.

Quote:

or for rent


I don't pay rent.




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Falsus in unum, falsus in omnibus

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Friday, August 12, 2022 10:21 AM

Gas prices under $4.00/gal nationally. Joe Biden* lies and tells the American People that inflation is ZERO percent.

Yet food and rent prices keep going up and and Jobless Claims just hit their 2022 high, yet the Lying Legacy Media is telling you that unemployment fell to 3.5%, matching Trump's historic low inflation rate.

What the fuck is anybody supposed to even believe in Democrat Shitworld?

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Friday, August 12, 2022 7:31 PM

CBS News: Buying a New Car in the US has never been More Expensive

https://www.cbsnews.com/news/new-used-car-price-kelley-blue-book/



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Tuesday, August 16, 2022 1:22 AM

Why gas is actually cheap in America
Gas is at record-high prices in the United States, but it still costs far less than elsewhere in the world. And in the long run, Americans might pay for that privilege.

The cost for 100 gallons of gasoline, based on the average price in late July, takes up a smaller share of the country’s per capita GDP than any other nation in the world, including Iran, where people paid 20 cents a gallon last month.

All about the taxes

Back in late July, while gas was ~$4.61 at the pump in the US, things were far worse in the UK. Abroad, the Brits were paying nearly double that, at ~$8.50 per gallon.

The discrepancy didn’t come from the price of the gasoline itself, but mostly from the taxes paid on the gas. In the US, gas taxes have always been shockingly low.

The federal gas tax (an excise tax levied during the production process) was first charged in 1932 at 1 cent per gallon and is now 18.4 cents per gallon — an increase which tracks close to inflation.

But the federal gas tax hasn’t gone up since 1993. And as time has passed, the burden of the tax has weakened substantially.

Of course, states and many localities throw in additional taxes. Some states, like California and Illinois, issue taxes upwards of 60 cents. But according to August data from the US Energy Information Administration, the average state tax is 32 cents.

That puts the average American tax at ~50 cents per gallon — well behind most other large economies.

The United Kingdom charges 52.9 pence per liter, or ~$2.45 a gallon, then adds another 20% tax to the total cost at the pump.

The EU requires a tax of at least 0.36 euros per liter in member countries, or ~$1.41 per gallon. Most members charge more, with France at ~$2.67 per gallon and the Netherlands at ~$3.18 per gallon.

Canada levies a national tax of ~38 Canadian cents per gallon or ~30 cents. Provinces can tack on their own taxes, which leads to Canadians spending ~90 cents to ~$1.50 a gallon on taxes.

Plenty More at https://thehustle.co/why-gas-is-actually-cheap-in-america/

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

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Tuesday, August 16, 2022 8:10 AM

Quote:

Originally posted by second:
Why gas is actually cheap in America



Sure buddy. Keep telling that to all the struggling people out there, and keep pretending that a majority of them aren't Democrat voters themselves, and see where it gets you.

November is coming.

Tick Tock



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Falsus in unum, falsus in omnibus

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Tuesday, August 16, 2022 6:17 PM

Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by second:
Why gas is actually cheap in America



Sure buddy. Keep telling that to all the struggling people out there, and keep pretending that a majority of them aren't Democrat voters themselves, and see where it gets you.

November is coming.

Tick Tock

Do you understand this joke?
Quote:

I taught my kids about democracy by letting them vote on which movie to watch and pizza to order. And then I picked the movie and pizza I wanted because I'm the one with the money.
Change which political party is the majority in your state legislature of Indiana and the joke remains the truth. Obviously, if the wealthy were forced to pay the $1 trillion per year in unpaid taxes, the joke would be less true. But Trump hasn't paid in 20 years and the GOP prevents the IRS from forcing him and others to pay. And while the rich are not paying taxes because they feel better not paying, they are also raising prices because they can, not because they have to. Inflation makes the rich feel better.

trillion dollars in unpaid taxes irs
https://www.google.com/search?q=trillion+dollars+in+unpaid+taxes+irs

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

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Tuesday, August 16, 2022 7:13 PM

Deflection, deflection, deflection.

Do you have severe autism or something? There's at least a solid Asperger's in there.

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Tuesday, August 16, 2022 10:25 PM

Quote:

Originally posted by 6IXSTRINGJACK:
Deflection, deflection, deflection.

Do you have severe autism or something? There's at least a solid Asperger's in there.

I am trying to bust down your defenses but I can't get your attention turned away from the same old beliefs you've had since your teenage years. Let me make it really simple for you: Inflation is caused by rich people raising the prices everyone pays. It is not complex at all. Inflation is not about supply and demand and interest rates and GNP and trade deficits and all the other things people like you use to distract yourselves from the utter simplicity of inflation: some rich person wants more money from you and the rich person raises prices. If the rich person told you what they were doing, you would revolt. Rich people don't get rich by telling the whole truth to poorer people. But if the poorer convince themselves that it is supply and demand and interest rates and GNP and trade deficits causing inflation, the rich person can steal your money without you understanding what the rich person did to you.

There is another situation that is exactly as simple: rich people want more money and they get it by not paying their taxes. Senator Ted Cruz will explain: "We should abolish the IRS!” That is exactly what rich people want. With no IRS, rich people will pay no taxes. Cruz is smart enough to NOT explain the true reason why the IRS should be abolished. He gives a bunch of fake reasons that seem impressive and resonate with poorer people who have many prejudices and false ideas about how money works.

Ted Cruz blasts Biden plan to make IRS larger
https://justthenews.com/government/congress/ted-cruz-blasts-biden-plan
-make-irs-larger-fbi-border-patrol-87000-new-hires


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

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Wednesday, August 17, 2022 12:19 AM

You're wrong.

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Thursday, August 25, 2022 6:24 PM

Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.

Natural gas prices in the U.S. on Tuesday rose to about $9.95 per million British thermal units.

Natural gas in the U.S. has typically averaged about $2 to $4 per million British thermal units in previous summers.

Across the country, households have seen their electricity bills skyrocket. In Houston, prices have nearly doubled over the past year, mostly because of the price of natural gas.

Until recently, international events had little effect on U.S. natural gas prices. The country's gas market was mostly a domestic one until 2016, when the U.S. began exporting liquefied natural gas.

Conversely, Europe has traditionally imported most of its natural gas.

Russia for now sits at the heart of global gas markets. Its ability to impact pricing and supplies beyond its regional market is becoming clearer and likely to solidify as demand picks up in the winter months.

More at https://web.archive.org/web/20220825120725/https://www.houstonchronicl
e.com/business/energy/article/Russia-s-war-against-Ukraine-continues-to-drive-17395058.php


Which President controls America's natural gas prices? Answer: Putin. Could Biden gain some control over prices by declaring a national emergency and forbidding export of natural gas? Yes, but every natural gas production company would violently object and sue him because they are making four times more money than usual selling the same amount of gas as usual. Also the Republican Congressmen would violently object and impeach Biden because America is a Capitalist System and controlling prices is Communism, or something, not sure what that something is.

A fine profit can be made at $2.50 per million British thermal units but the profit is so much finer at $9.95 per million British thermal units.

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

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