I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 74 of 84
Quote:Your next rhetorical move is to claim the CPI is false. 6ixStringJack has already done that, which leaves him with his very private and individualized CPI exclusively for 6ix.
Originally posted by SIGNYM:
ChatGPT is worthless. Because it follows the "large language" model, all it can do is tell you what people are talking about "out there".
Ask it whether angels are real, or whether Russia will invade Europe, or whether climate changeis real, and you'll probably get a "balanced" argument on both sides of the question, without any real evidence or predictive model to back it up. If not, you'll get a "consensus" answer, again, without any real evidence or predictive, real world model to back it up.
AI is no substitute for understanding.
It follows the old GIGO computer rule: garbage in, garbge out.
Here is CPI inflation since the late '70s. There's a huge amount of noise in the monthly CPI numbers. What's more, we got used to ultra-low inflation in the decade following the financial crisis. Average CPI from the end of the '70s inflation to the start of the financial crisis was 3.1%. We're only barely above that right now. It's hardly a crisis.
https://jabberwocking.com/theres-no-need-to-panic-over-inflation/
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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Quote:
Originally posted by JAYNEZTOWN:
Biden spending to build back stagflation
https://www.fxstreet.com/analysis/biden-spending-to-build-back-stagfla
tion-202111161956]
Pay attention now.
T
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Resurgent inflation looms over Joe Biden’s White House bid
Consumer prices are rising quickly at just the wrong time for the US president
https://www.ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae?segmen
tId=b385c2ad-87ed-d8ff-aaec-0f8435cd42d9
The FED cannot lower rates. Inflation will just pick up if they do. It already is without a rate cut. They should actually be talking about raising rates again, not lowering them. We haven't even felt the impact of that Baltimore bridge collapse on the system yet either.
This isn't over. And with the election coming up all Joe Biden* can hope for is that the FED manages just to not make anything worse until election day. Trump will be left with a lot of bullshit to juggle after 4 years of this idiocy.
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Political correctness is just tyranny, with a smiley face.
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Quote:When this is all over, you and Trump will still be in trouble until the day you die because both of you have always acted like retards and assholes. This is a fact from the public records on Trump and 6ix's history on fff.net. Meanwhile, what been going on in the real world of US Inflation, not the haunted house of Trump and his Trumptards' demented minds?
Originally posted by 6ixStringJack:
Resurgent inflation looms over Joe Biden’s White House bid
Consumer prices are rising quickly at just the wrong time for the US president
https://www.ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae?segmen
tId=b385c2ad-87ed-d8ff-aaec-0f8435cd42d9
The FED cannot lower rates. Inflation will just pick up if they do. It already is without a rate cut. They should actually be talking about raising rates again, not lowering them. We haven't even felt the impact of that Baltimore bridge collapse on the system yet either.
This isn't over. And with the election coming up all Joe Biden* can hope for is that the FED manages just to not make anything worse until election day. Trump will be left with a lot of bullshit to juggle after 4 years of this idiocy.
Social Security Cost-Of-Living Adjustments
https://www.ssa.gov/oact/cola/colaseries.html
Year COLA
1975 8.0
1976 6.4
1977 5.9
1978 6.5
1979 9.9
1980 14.3
1981 11.2
1982 7.4
1983 3.5
1984 3.5
1985 3.1
1986 1.3
1987 4.2
1988 4.0
1989 4.7
1990 5.4
1991 3.7
1992 3.0
1993 2.6
1994 2.8
Year COLA
1995 2.6
1996 2.9
1997 2.1
1998 1.3
1999 2.5
2000 3.5
2001 2.6
2002 1.4
2003 2.1
2004 2.7
2005 4.1
2006 3.3
2007 2.3
2008 5.8
2009 0.0
2010 0.0
2011 3.6
2012 1.7
2013 1.5
2014 1.7
Year COLA
2015 0.0
2016 0.3
2017 2.0
2018 2.8
2019 1.6
2020 1.3
2021 5.9
2022 8.7
2023 3.2
What is the 2024 prediction, which goes into effect in 2025?
3%. If 3% is the end of the world for Trumptards, too bad for those fat fools, drunks and retards.
New 2025 Social Security COLA Estimate Released
Updated Apr 11, 2024 at 6:15 PM EDT
https://www.newsweek.com/new-cola-social-security-payment-estimate-188
9525
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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Select to view spoiler:
(Incomes are NOT rising for certain people. What kind of people? Because it was a secret ballot, if you voted for Trump, nobody necessarily knows who you voted for. But your boss already knows you are stupid at work and that means your boss will not be raising your income as fast as inflation. You might even find yourself unemployed because of your stupidity. Voting for Trump again is not the clever decision convincing your boss that you are now smarter and now deserve a raise. American life is hard for retards and Trumptards.)
The Inflation That Democrats Can’t See
By Michael Powell | April 14, 2024, 6 AM ET
https://www.theatlantic.com/ideas/archive/2024/04/inflation-democrats-
biden-interest-rates/678047/
Democratic Party analysts and left-leaning economists have had quite enough of their fellow Americans’ complaints. As a striking number of poll respondents express alarm, despair even, about the rising cost of living during Joe Biden’s presidency, experts shake their heads. Don’t people realize that jobs are plentiful, wages are rising, and inflation is in retreat?
Few have struck this chord more insistently than Paul Krugman, the Nobel Prize–winning economist and liberal New York Times columnist. In a February column titled “Vibes, Vegetables and Vitriol,” he suggested that inflation is no longer worrisome and backed up his view with field research.
“Now, I go grocery shopping myself, and am occasionally startled by the total at the cash register—although that’s usually because I wasn’t factoring in the price of that bottle of scotch I picked up along with the meat and vegetables,” Krugman wrote.
The modern Democratic Party, and liberalism itself, is to a substantial extent a bastion of college-educated, upper-middle-class professionals, people for whom Biden-era inflation is unpleasant but rarely calamitous. Poor, working-class, and lower-middle-class people experience a different reality. They carry the searing memories of the Great Recession and its foreclosure crisis, when millions of American households lost their home. A large number of these Americans worked in person during the dolorous early days of the pandemic, and saw its toll up close. And since 2019, they’ve weathered 20 percent inflation and now rising interest rates—which means they’ve lost more than a fifth of their purchasing power. Tell these Americans that the economy is humming, that median wage growth has nudged ahead of the core inflation rate, and that everything’s grand, and you’re likely to see a roll of the eyes.
Krugman in his column confessed that he had “no idea” what he paid for roughly the same groceries three years earlier, although he allowed that olive oil seemed costly. He and other economists talked of a “vibecession”—an admixture of gloom and worry and misinformation that prevents Americans from seeing the rosy nature of the economy. This is a common take among prominent Democrats and left-leaning economists, all of whom speak with an eye on the upcoming presidential election. In late February, California Governor Gavin Newsom appeared on NBC’s Meet the Press and declared that Biden had conducted a “master class” in economic helmsmanship. “The economy is booming; inflation is cooling,” Newsom said, adding, “All because of Biden’s wisdom, because of his temperance.”
Around the same time, the Harvard economics professor Jason Furman, who served as chair of President Barack Obama’s Council of Economic Advisers, posted on social media: “If a year ago you had told someone [that inflation] would come down to 2.5% they would be surprised & delighted.” Just before Biden’s State of the Union address last month, Senate Majority Leader Chuck Schumer predicted that “Americans will hear a clear theme: America’s economy is accelerating, inflation is decelerating.”
These commentators have been asking near as one: Where’s the problem?
Such talk of a victory lap once again appeared premature this week, with the news that the consumer price index was 3.5 percent higher in March than a year earli
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Chances are a lot more of the people being hurt by Democrats are the low-income Democrat voters than anyone else.
I've told you this before.
You don't have enough rich, white, college "educated" voters to carry the party.
And any of you fools still listening to Paul Krugman after he's been proven wrong about every article he's written in the last 3 years will get what you deserve.
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Political correctness is just tyranny, with a smiley face.
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Quote:Chocolate-lovers are being hurt by Biden. It is an outrage!
Originally posted by 6ixStringJack:
Chances are a lot more of the people being hurt by Democrats are the low-income Democrat voters than anyone else.
I've told you this before.
You don't have enough rich, white, college "educated" voters to carry the party.
And any of you fools still listening to Paul Krugman after he's been proven wrong about every article he's written in the last 3 years will get what you deserve.
Vote for Trump. He’ll fix the price of chocolate! Believe In Him!
Chocolate Might Never Be the Same
By Yasmin Tayag | April 12, 2024
https://www.theatlantic.com/health/archive/2024/04/cocoa-shortage-choc
olate-expensive/678053/
The cocoa shortage is making chocolate more expensive—maybe forever.
An illustration of chocolate candies disappearing
Illustration by The Atlantic. Source: Getty.
Good chocolate, I’ve come to learn, should taste richly of cocoa—a balanced blend of bitter and sweet, with notes of fruit, nuts, and spice. My favorite chocolate treat is nothing like that. It’s the Cadbury Creme Egg, an ovoid milk-chocolate shell enveloping a syrupy fondant center. To this day, I look forward to its yearly return in the weeks leading up to Easter.
Most popular chocolate is like this: milky, sugary, and light on actual cocoa. Lots of sugary sweets contain so little of the stuff that they are minimally chocolate. M&M’s, Snickers bars, and Hershey’s Kisses aren’t staples of American diets because they are the best—rather, they satisfy our desire for chocolate while costing a fraction of a jet-black bar made from single-origin cocoa.
But chocolate isn’t as economical as it once was. By one estimate, retail prices for chocolate rose by 10 percent just last year. And now this is the third year in a row of poor cocoa harvests in West Africa, where most of the world’s cocoa is grown. Late last month, amid fears of a worsening shortage, cocoa prices soared past $10,000 per metric ton, up from about $4,000 in January. To shoulder the costs, chocolate companies are gearing up to further hike the price of their treats in the coming months. Prices might not fall back down from there. Chocolate as we know it may never be the same.
Chocolate has had “mounting problems for years,” Sophia Carodenuto, an environmental scientist at the University of Victoria, in Canada, told me. The farmers who grow them are chronically underpaid. And cocoa trees—the fruits of which contain beans that are fermented and roasted to create chocolate—are tough to grow, and thrive only in certain conditions. A decade ago, chocolate giants warned that the cocoa supply, already facing environmental challenges, would soon be unable to keep up with rising demand. “But what we’re seeing now is a little bit of an explosion” in the crop’s struggles, Carodenuto said.
The simplest explanation for the ongoing cocoa shortage is extreme weather, heightened by climate change. Exceptionally hot and dry conditions in West Africa, partly driven by the current El Niño event, have led to reduced yields. Heavier-than-usual rains have created ideal conditions for black pod disease, which causes cocoa pods to rot on the branch. All of this has taken place while swollen shoot, a virus fatal to cocoa plants, is spreading more rapidly in cocoa-growing regions. Global cocoa production is expected to fall by nearly 11 percent this season, Reuters reported.
In the past, when supply fell and prices rose, farmers were motivated to plant more cocoa, which led to a boost in supply five years later, when the new trees began to bear fruit, says Nicko Debenham, the former head of sustainability at the chocolate giant Barry Callebaut. Already, some West African farmers are racing to plant new trees. But they may not be able to plant their way out of future cocoa shortages. “Climate change is definitely a challenge” because it will make rainfall less predictable, which is a problem for moisture-sensitive cocoa trees, Debe
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Quote:
Originally posted by second:Quote:Chocolate-lovers are being hurt by Biden. It is an outrage!
Originally posted by 6ixStringJack:
Chances are a lot more of the people being hurt by Democrats are the low-income Democrat voters than anyone else.
I've told you this before.
You don't have enough rich, white, college "educated" voters to carry the party.
And any of you fools still listening to Paul Krugman after he's been proven wrong about every article he's written in the last 3 years will get what you deserve.
Finally. Something caused by Biden* that doesn't negatively effect me.
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Political correctness is just tyranny, with a smiley face.
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Special note for Trumptards: Biden does NOT control prices at all, even indirectly. But purchasers have powerful direct control by NOT PURCHASING the overpriced products and burning the salesmen to death. This has been a public service message just so you know how prices are set.
Taylor Swift Eras Tour tickets sold for $11,000 while Biden did not order lower prices!
Biden might actually do something about ludicrously expensive concert tickets
The government is slated to sue Ticketmaster’s parent company.
By Nicole Narea | Apr 16, 2024, 7:20pm EDT
https://www.vox.com/culture/2024/4/16/24132509/ticketmaster-live-natio
n-lawsuit-swift-bad-bunny-beyonce-rodrigo
The Department of Justice opened an investigation of Ticketmaster’s parent company, Live Nation Entertainment, shortly after the Eras tour fiasco. That investigation appears close to its conclusion, and now, the government seems prepared to take the company to court over alleged anticompetitive behavior. The Wall Street Journal reported that the DOJ’s antitrust lawsuit could be filed as early as next month.
“The Justice Department should have never cleared the [Live Nation-Ticketmaster] merger, because as a vertically integrated monopoly, they have every interest in encouraging prices and fees to go up, and there is no [one] in a position to discipline the industry, either by using an alternative promoter or ticketing agent,” said Tim Wu, a key architect of the Biden administration’s antitrust policies and a professor at Columbia Law.
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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What a false and stupid argument the stupid writers at Vox present to their stupid audience.
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Political correctness is just tyranny, with a smiley face.
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