I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 52 of 84
More baseless accusations about me.
YOU don't control prices either, dipshit. 
Inflation is "too much money chasing too few goods".
CENTRAL BANKS control how much of any particular currency is in circulation. Do you control The Fed? No, you do not.
There are various controls on the amount of goods, but the primary driver seems to be POLITICS and a nation's economic policies: how much investment goes into production, whether a nation ensures itself of cheap resources that it, itself doesn't have, reliable supply chains etc. You don't control that, either.
Clearly you've never run a business.
You're just along for the ride.
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Pity would be no more,
If we did not MAKE someone poor - William Blake
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Quote:
Originally posted by second:Quote:President Donald Trump again referred to himself as a "stable genius"...
Originally posted by 6IXSTRINGJACK:
No. That is me being superior to you in every measurable metric imaginable.
You're an unstable little fuck who threatens other people's lives and pirates everything he can get his hands on, including the words he copies an pastes here daily, and COPYRIGHTED WORK OF THE PROPERTY REGARDING THE FANSITE HE'S POSTING TO DAILY.
You are a miserable piece of shit and a garbage human being. You are one of the dumbest people I know, and I know a lot of dummies.
Yeah. You're fucking right I don't like you. Not one little bit. This shouldn't be shocking to you since nobody in your real life likes you either.
But that has nothing to do with your misunderstanding of how the world and the economy works. That's your problem and yours alone. I'm not your fucking teacher, idiot.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Wage Inflation
(It is a great time to be an Employer, but Not so great for Employees)
The cost of employment rose 0.8% last quarter, adjusted for inflation
Author Kevin Drum, January 31, 2023
Are wages skyrocketing so strongly that the Fed needs to continue crushing the economy until workers understand who's the real boss? Let's look at today's latest data:
The Employment Cost Index measures the total cost of employing someone: wages, taxes, office space, health care, etc. In the last quarter it went up at an annualized rate of 4.0%. Adjusting for inflation, it went up 0.8%.
Both of those seem pretty reasonable. Nominal growth has been sliding downward ever since the beginning of 2022, and real growth remains low despite a couple of recent increases.
From the Fed's point of view, the ideal rate is around 3% nominal growth, with 2% inflation producing 1% real growth. We're getting pretty close to that.
https://jabberwocking.com/the-cost-of-employment-rose-less-than-1-last
-quarter/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Governments have failed at forcing companies to lower prices (and lower inflation). The same governments have failed at convincing companies to leave Russia. Why the two kinds of failures? Because profits would be lost if prices were lowered or Russia was abandoned by companies:
At the time of Putin’s decision to “demilitarize” and “denazify” Ukraine, the report lays out, there were 1,404 EU and G7 companies, with 2,405 subsidiaries, active in Russia. As of late November of 2022, when the study was carried out, only 120 of those companies had divested at least one of their subsidiaries in Russia. That is equivalent to “less than nine percent” of all Western firms, the researchers note.
American business has been a tad more accountable, and U.S. companies have pulled back from commerce with the Kremlin to a greater degree than their European counterparts. Even so, the difference is modest. All told, less than 18 percent of American subsidiaries in Russia have sold off their assets and ceased operations since the start of the Ukraine war: “In other words, while U.S. companies have divested more often than their EU and G7 counterparts, to date fewer than one in five have completed exits.”
The resulting picture is bleak.
“In principle,” Evenett and Pisani note, the small number of Western firms that have left “could constitute the lion’s share of Western investment in Russia.” This, however, is not the case. Rather, they account for just 6.5 percent “of total profit before tax of all the EU and G7 firms with active commercial operations in Russia” tracked. In other words, Western commercial ties with Russia remain largely unchanged.
These findings rub against the conventional wisdom that a veritable exodus of firms and funds has taken place in response to Russia’s offensive against Ukraine. To the contrary, as the Evenett-Pisani study eloquently shows, nothing of the sort has transpired — and Western companies have continued to prioritize profits over the imperative of defunding Putin’s war effort.
That, in turn, puts the United States and its international partners on the horns of a serious dilemma.
Since the start of the war in February 2022, Western nations have leveled an unprecedented raft of sanctions on Moscow in a bid to force Putin’s government to cease its efforts to dominate and subjugate Ukraine. It’s increasingly clear, however, that the success of that effort hinges greatly upon the private sector truly paring back its business with the Russian Federation — and the relevant companies don’t seem to be playing ball, at least so far.
All of which suggests that, in order for Washington and Western capitals to dial up the pressure on Moscow still further, they’ll need to force Western firms to sever their connections to the Russian market. Otherwise, they will continue to sustain Russia’s economy — and, by extension, the Kremlin’s war of aggression.
More at https://thehill.com/opinion/international/3835419-western-business-is-
still-sustaining-russias-war/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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The price of Insulin is way too expensive because of Inflation.
California has a solution: Make its own Insulin and bypass the greedy top 1% richest Americans who raised the price because nobody would stop them. The price of some insulin had grown by 1,000 percent over the past 20 years, far outpacing inflation.
One in six Americans with diabetes who use insulin say they ration their supply because of the cost.
The drug’s cost crisis is spurring states to pursue a public version of an essential medication.
There are few better emblems of the failures of the US system of medical care than its inability to consistently provide insulin to Americans who need it.
The drug was discovered 100 years ago, and it provides essential and ongoing treatment for millions of people living with diabetes, one of the most common chronic diseases in the country. And yet one in six Americans with diabetes who use insulin say they ration their supply because of the cost. Some people end up spending nearly half of their disposable income on a medicine they must take to stay alive.
Though insulin generally costs less than $10 per dose to produce, some versions of the drug have a list price above $200. This is in part because, in the US, a warped market has allowed three companies to dominate the insulin business.
But if some states have their way, that may be about to change
With California leading the way, a handful of states are considering trying to disrupt the market for essential medications, starting with insulin. The plan would be to manufacture and sell insulin themselves for a price that is roughly equivalent to the cost of production.
Their premise: Take away the private market’s profit motive and maybe states can deliver affordable insulin as a wholly public enterprise, run by civil workers, that does not need to make money. Because these states buy a lot of drugs too, through their Medicaid programs and the health plans for government workers, they would also reap the rewards if those drugs are cheaper.
More at https://www.vox.com/policy-and-politics/23574178/diabetes-insulin-pen-
injection-cost-california
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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https://jabberwocking.com/heres-why-natural-gas-prices-are-so-high-in-
california/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Not exactly a "plummet" when it's still higher than the month prior.
But that's Democrat Math for you.
Remember when Don Lemon put up a graph that made it look like Gasoline prices had plummeted when in reality they went down less than 3 cents?
I've kind of opted out of Natural Gas for the most part this winter.
Thankfully today is a lot warmer than the last two were. No gloves for me inside today. Yay!
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Natural Gas Price (Red Line)
Natural Gas Consumption (Blue Line)
https://fred.stlouisfed.org/graph/?g=Zwaz
See how ragged the price is while the consumption is steadier?
Gas producers love those peaks in prices. Consumers don't. Too bad prices can't stay at the peak, then move upward to the next, but there is only so much money that producers can squeeze from consumers before they have been squeezed dry. But after a few more paychecks, there will be more money to be squeezed with the excuse that consumers stupidly keep accepting that prices are set by supply and demand.
Producers in all industries, not just natural gas, are depending upon consumers remaining forever stupid about who sets prices.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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SECOND, being a greedy guy, thinks that it's a demand/greed curve, once again implying that producers are in complete control BWHAHAHAH... .
IN reality it's a demand/ supply curve, once again proving that SECOND has never actually run a business.
-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake
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Quote:If natural gas producers had "complete control", they would know how much money is in your bank account and they would take it all as your monthly payment for the vital necessity of heating your home. Vital in the sense in the sense of life and death, that you will die in the dark from the cold. But then there are other industries also striving to take all your money. Who then gets the biggest portion? It is the healthcare industry, which can make the most convincing argument that it is truly life and death:
Originally posted by SIGNYM:
SECOND, being a greedy guy, thinks that it's a demand/greed curve, once again implying that producers are in complete control BWHAHAHAH... .
IN reality it's a demand/ supply curve, once again proving that SECOND has never actually run a business.
$12,914 per person
U.S. health care spending grew 2.7 percent in 2021, reaching $4.3 trillion or $12,914 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 18.3 percent. Dec 15, 2022
https://www.cms.gov/research-statistics-data-and-systems/statistics-tr
ends-and-reports/nationalhealthexpenddata/nationalhealthaccountshistorical
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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