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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Quote:
Originally posted by second:
Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.
Bullshit.
People paid twice what they paid for natural gas last winter than they did the year prior, and you couldn't even point Ukraine out on a map when that happened.
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Quote:The entire purpose of the natural gas industry building many liquefied natural gas seaports was for increasing the price of natural gas sold in the USA, where more than 90% of the gas produced is burned. As a bonus, the industry gouges the hell out of European buyers of gas, charging the Germans many times more than Americans are charged. It is a win-win-win for Capitalism! Tough luck if you are a buyer of gas rather than a seller because Capitalism is all about looking after the best interest of the sellers, not the buyers.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:
Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.
Bullshit.
People paid twice what they paid for natural gas last winter than they did the year prior, and you couldn't even point Ukraine out on a map when that happened.
https://www.eia.gov/todayinenergy/detail.php?id=52659
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:The entire purpose of the natural gas industry building many liquefied natural gas seaports was for increasing the price of natural gas sold in the USA, where more than 90% of the gas produced is burned. As a bonus, the industry gouges the hell out of European buyers of gas, charging the Germans many times more than Americans are charged. It is a win-win-win for Capitalism! Tough luck if you are a buyer of gas rather than a seller because Capitalism is all about looking after the best interest of the sellers, not the buyers.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:
Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.
Bullshit.
People paid twice what they paid for natural gas last winter than they did the year prior, and you couldn't even point Ukraine out on a map when that happened.
https://www.eia.gov/todayinenergy/detail.php?id=52659
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
God your sad defense of Democrats is grating on the nerves.
This is exactly the reply I'd have expected you to make.
Second is a poorly written character.
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Quote:Prices for natural gas are high in the USA because the natural gas producers are exporting liquefied natural gas. Producers can then say to Americans, "We raised prices because there is a shortage. It is supply and demand causing prices to increase, not us!" The same producers say exactly the same to the Europeans importing liquefied natural gas. The producers were making an excellent profit two years ago, before they increased prices by a factor of 4. The producers are making even better profits right now and they are able to do it because they planned years ahead to create a "shortage" in both America and, with the help of Putin, in Europe.
Originally posted by 6IXSTRINGJACK:
God your sad defense of Democrats is grating on the nerves.
This is exactly the reply I'd have expected you to make.
Second is a poorly written character.
The buyers never think ahead more than a couple of months into the future while the sellers think a decade ahead and are richly rewarded. This is the beauty of Capitalism.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:Prices for natural gas are high in the USA because the natural gas producers are exporting liquefied natural gas.
Originally posted by 6IXSTRINGJACK:
God your sad defense of Democrats is grating on the nerves.
This is exactly the reply I'd have expected you to make.
Second is a poorly written character.
Yeah. Sure. Whatever.
Tell that to all the black and Mexican voters that are leaving the Democratic party.
I'm sure they'll care.
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Quote:I wondered why you felt the need to tell your Aunty how to reduce her expenses in retirement. Then I realized the obvious: stupidity about how money works runs very deep in your family. That's why you're always bragging about your itty-bitty triumphs with money and keep convincing yourself you know more than you do. You're Mister Know-It-All, the smartest man in the dumbest family.
Originally posted by 6IXSTRINGJACK:
Yeah. Sure. Whatever.
Tell that to all the black and Mexican voters that are leaving the Democratic party.
I'm sure they'll care.
Quote:http://www.fireflyfans.net/mthread.aspx?bid=18&tid=58882&mid=1
Originally posted by 6IXSTRINGJACK:
My aunt came over yesterday without my Grandma because we had to do some work on her retirement stuff and we did some warehouse store shopping. She'd never been in one before and I got her a membership. I'm slowly working on her to start budgeting and saving because she's set to get a pretty good SS monthly check when she retires late and should have a very easy time getting by with it if she can make some better choices with what she does with the money.
160937#1160937
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Inflation hasn’t been bad for everyone — companies are producing outsized profits
Before the pandemic, profit margins had never exceeded 13% and had topped 12% on just two occasions: in 1949 and in 1965. In the last eight quarters since the pandemic recession ended, margins have accelerated past 13% three times and exceeded 12% in three other quarters.
These facts blow a very large hole in the prevailing theory of inflation, which holds that prices are high because regular folks have too much money to spend. Higher wages, it’s believed, are forcing companies to raise their selling prices, which then prompts workers in turn to demand even higher wages, and so forth.
This so-called wage-price spiral theory of inflation is the basis of the Federal Reserve’s policy to starve inflation by slowing the growth of personal income and thereby stopping the people from trying to buy more stuff than the economy can produce.
An alternative theory of inflation puts corporate incomes in the picture. Whether you call it price gouging, corporate greed or just business as usual, this theory suggests that the pandemic broke something in the economy that previously had kept inflation in check. Corporations regained the ability to set prices.
When corporations can raise prices without hurting their profit margins, they will. The data released by the government on Thursday is evidence that charging higher prices hasn’t hurt corporations’ bottom line at all. In fact, higher prices have been a boon for corporations.
And what about the workers? The data show that hourly compensation declined at a 1.5% annual rate in the first half of the year after adjusting for higher prices and is now down 2.3% since the end of the pandemic recession.
That’s a lot of numbers to digest, I know. But here’s the bottom line: After adjusting for inflation, corporate profits are up, and hourly compensation is down.
That doesn’t sound like a world in which workers have the upper hand when it comes to bargaining with their bosses. And it doesn’t sound like the textbooks that blame inflation on regular folks having too much money.
https://web.archive.org/web/20220826015447/https://www.marketwatch.com
/story/inflation-hasnt-been-bad-for-everyone-companies-are-producing-outsized-profits-11661455321
Workers’ share of the pie
Four-quarter smoothed average
Compensation per dollar of real gross value-added
https://web.archive.org/web/20220826020353/https://images.mktw.net/im-
610777?width=700&size=1.8604651162790697&pixel_ratio=1.5
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Oil and gas producers on track to generate $1.4 trillion in free cash flow this year, report says. (Thank you, Trumptards, for the $1.4 trillion you spent on fuel. Your generosity is much appreciated by the oil and gas producers. Keep blaming Biden rather than the producers because that works best for the producers.)
Cash is flooding into the oil and gas industry so fast this year that producers could report $1.4 trillion in free cash flow for 2022 – the highest amount ever – according to a new report from a major consulting firm.
https://www2.deloitte.com/us/en/insights/industry/oil-and-gas/rising-o
il-prices-and-oil-company-cash-reserves.html
Things were a little different from 2010 to 2020. Oil and gas drillers in North America generated only about $47 billion in free cash flow, according to Deloitte, because of losses in shale plays.
Much more at https://web.archive.org/web/20220825151501/https://www.houstonchronicl
e.com/business/energy/article/Oil-and-gas-producers-on-track-to-generate-1-4-17397559.php
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Quote:
Originally posted by second:Quote:I wondered why you felt the need to tell your Aunty how to reduce her expenses in retirement. Then I realized the obvious: stupidity about how money works runs very deep in your family. That's why you're always bragging about your itty-bitty triumphs with money and keep convincing yourself you know more than you do. You're Mister Know-It-All, the smartest man in the dumbest family.
Originally posted by 6IXSTRINGJACK:
Yeah. Sure. Whatever.
Tell that to all the black and Mexican voters that are leaving the Democratic party.
I'm sure they'll care.Quote:http://www.fireflyfans.net/mthread.aspx?bid=18&tid=58882&mid=1
Originally posted by 6IXSTRINGJACK:
My aunt came over yesterday without my Grandma because we had to do some work on her retirement stuff and we did some warehouse store shopping. She'd never been in one before and I got her a membership. I'm slowly working on her to start budgeting and saving because she's set to get a pretty good SS monthly check when she retires late and should have a very easy time getting by with it if she can make some better choices with what she does with the money.
160937#1160937
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
LOL
That's funny dude. 99% of the people I've ever met don't have a fucking clue about how to budget money.
I'm sure you're one of them.
At least I have a family.
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LOL
Good time to be heavily invested in the stock market now, huh?
Biden* fucked the entire country over, and it doesn't look like it's going to improve any time soon.
Let's spend more money!!!! And this time, NONE of it goes to the people!!!
Don't believe any of the polls. There's no way that Joe Biden* somehow crawled up from the pit he was in and got up to Trump level approval ratings in 3 weeks when there isn't a goddamned thing he's done except for call half the country fascists in the worst speech ever given by a sitting President.
These polls are no different than Rotten Tomatoes' Critics Score for Lord of the Rings: The Rings of Power or the already cancelled Netflix Resident Evil wokefest. They have no basis in reality.
Don't let them blackpill you. Get out and vote on election day. And if anybody you know says that voting doesn't matter because it's all rigged, slap them in the face and take them with you.
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