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:Quote:This is a test of how crazy and, simultaneously, physically unhealthy 6ixStringJack is:
Originally posted by 6IXSTRINGJACK:
Maybe I should send that PI to your address and find out all the fucked up things you've done to your own body and to everyone else around you, so we can stop pretending that you've lived this perfect life you've made for your fake persona here.
6ix, what is your learned reaction to "Death, Napoleon and Debt"?
Death, Napoleon and Debt
May 19, 2023, 3:00 p.m. ET
By Paul Krugman, Opinion Columnist
Haven't you wasted enough of your life reading opinions from this idiot? He's never been right about anything.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:Is this right in your opinion? Something we should all be reminded of from time to time.
Originally posted by 6IXSTRINGJACK:
Haven't you wasted enough of your life reading opinions from this idiot? He's never been right about anything.
A large percentage of the population is seething with resentment because of this.
Profit vs. Personal Income in the United States, 1980-2022
https://jabberwocking.com/raw-data-profit-vs-personal-income-in-the-un
ited-states-1980-2022/
Just in case it is not obvious, profits cannot keep increasing faster than personal income unless sellers keep inflating their 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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Kevin Drum is an idiot too.
You hate fat people, so why don't you hate Kevin Drum? I showed you the selfie he took while he was on his shitter and thought his meat puppets wanted to see.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:I tried to reproduce his graphs using his sources, but my graphs do NOT show that Corporate profits grow faster than personal income. Something is wrong, but I don't see what it is, other than I start with 100 on 1/1/1980 and Drum starts with 0.0.
Originally posted by 6IXSTRINGJACK:
Kevin Drum is an idiot too.
You hate fat people, so why don't you hate Kevin Drum? I showed you the selfie he took while he was on his shitter and thought his meat puppets wanted to see.
Corporate Profits After Tax (without IVA and CCAdj)/Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average
https://fred.stlouisfed.org/graph/?g=15D4p
Personal Income/Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average
https://fred.stlouisfed.org/graph/?g=15D4t
Profit vs. Income
Adjusted for inflation
https://fred.stlouisfed.org/graph/?g=15D4Z
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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If the graph is changed from Personal Income to Mean Personal Income, it looks more like Drum’s graph. Personal Income is everybody’s and it totals $trillions. Mean Personal Income is the income of one person and it totals $thousands.
https://fred.stlouisfed.org/graph/?g=15D8t
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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From the Federal Reserve Blog
Corporate profits versus labor income
Risk and reward versus slow and steady
Posted on August 9, 2018
1947 to 2018 graph:
https://fredblog.stlouisfed.org/2018/08/corporate-profits-versus-labor
-income/
Same graph but only 1980 to 2023, the same span used by Kevin Drum. I don’t see Profits getting too out of line with labor income until after 2009. Drum sees profits getting out of line starting in the 1990s.
https://fred.stlouisfed.org/graph/?g=15DJT
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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Reckless spending and inflation are forcing many Americans to 'unretire
https://www.usatoday.com/story/opinion/voices/2023/05/28/inflation-gov
ernment-spending-are-pulling-boomers-out-of-retirement/70254240007/
When your mom asks why she has to go back to work, tell her it was because you voted for Joe Biden*.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:Tell her she and all others like her are chicken-hearted for not burning down the houses of the greedy sellers who are cheating them. If they expect the government to burn down those houses for them, their expectations will not be met.
Originally posted by 6IXSTRINGJACK:
When your mom asks why she has to go back to work, tell her it was because you voted for Joe Biden*.
Greedflation:
PepsiCo has become a prime example of how large corporations have countered increased costs, and then some.
Hugh Johnston, the company’s chief financial officer, said in February that PepsiCo had raised its prices by enough to buffer further cost pressures in 2023. At the end of April, the company reported that it had raised the average price across its snacks and beverages by 16 percent in the first three months of the year. That added to a similar price increase in the fourth quarter of 2022 and increased its profit margin.
It's become common among large corporations to raise prices far in excess of inflation simply because they can. But why can they?
David Beckworth, a senior research fellow at the right-leaning Mercatus Center at George Mason University and a former economist for the Treasury Department, said he was skeptical that the rapid pace of price increases was “profit-led.”...Mr. Beckworth and others contend that those higher prices wouldn’t have been possible if people weren’t willing or able to spend more.
....“It seems to me that many telling the profit story forget that households have to actually spend money for the story to hold,” Mr. Beckworth said. “And once you look at the huge surge in spending, it becomes inescapable to me where the causality lies.”
It's one thing to wantonly raise prices above the level of inflation in search of windfall profits, but you can only do it if consumers don't push back — and if they don't push back then you might as well charge all that the market can bear.
https://web.archive.org/web/20230531003549/https://www.nytimes.com/202
3/05/30/business/economy/inflation-companies-profits-higher-prices.html
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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Funny how nobody was doing that while Trump was President.
They all figure it out when Joe* and the Democrats were running things.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:There was inflation under Trump and it was in all countries. Biden didn't make it happen and he can only stop it by declaring and winning a war on the people who sell at inflated prices. By the way, he'd lose that war, just as it has been lost in every country.
Originally posted by 6IXSTRINGJACK:
Funny how nobody was doing that while Trump was President.
They all figure it out when Joe* and the Democrats were running things.
inflation by country
https://www.google.com/search?q=inflation+by+country
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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