2021 - Is inflation finally back in the conversation?

[52-80 19163]

44 minutes ago, Captainant said:

Gotta love a good ol "fuck you I got mine" attitude that dishonestly frames paying taxes as """gOvErNmEnT sEiZuRe""". What an earnest and intellectually honest position to start from. 

Like... Y'all do know what happens when people run out of money to buy stuff, right?

THE WORKERS IN AMERICA ARE EARNING A LARGER SLICE OF THE NATIONAL OUTPUT (IE THEIR WORK) THAN OECD, SCANDINAVIANS, AND THE WORLD OVER, YOU UNDEREVOLVED PROTOZOA. 

Thats the point of that graphic.  Jesus braindead Christ if you look at that graphic (where America and EU are shaded darkest) and interpret it negatively where American "serfs" are not getting enough.... i'm sure the opposite-shaded countries would be much more accomodating to your class waring beliefs.

Is your tremendous stupidity the reason why you hate meritocracy so much?

[Captainant 27680]

20 minutes ago, Incredulity said:

Oh I get it.  You cos-play as Trotsky.

Yes. Any criticism of a flawed and inequitable system means I must want the absolute opposite of it. Just like how when I was cold earlier, I lit myself on fire to fix it.

[Cheeseweasel 26438]

2 minutes ago, 52-80 said:

Thats the point of that graphic. 

When you are a hammer, everything looks like a nail. Only explanation. 

[Incredulity 11675]

2 minutes ago, Cheeseweasel said:

When you are a hammer

And sickle.

[StassneyHorn 6614]

11 hours ago, Nathan Jessep said:

Top economist here calls the increase “stunning”.  Maybe he should’ve logged onto Surly and DM’d @StassneyHornto get the obvious news. 
 

https://x.com/jasonfurman/status/1698391469881455098?s=46&t=uKnL2agxvSx0rJZI2y3iWw

 

 

 

 

Yawn

economics is a Librul art. He’s as much an expert as a 5 year old is in dinosaurs according to the last page

[Cheeseweasel 26438]

3 minutes ago, StassneyHorn said:

economics is a Librul art.

Economics is a science. Spinning economic facts into feelings is a Librul Art.

[StassneyHorn 6614]

2 hours ago, Incredulity said:

It really sucks you keep getting passed over for promotion.  Maybe consider changing employers.  You can do this All-Star!!!

This is my material

[Incredulity 11675]

Just now, StassneyHorn said:

This is my material

Keep chasing that dream, Slugger.

[StassneyHorn 6614]

Just now, Cheeseweasel said:

Economics is a science. Spinning economic facts into feelings is a Librul Art.

Youre drinking Bud Light before noon again

[Cheeseweasel 26438]

9 minutes ago, StassneyHorn said:

Youre drinking Bud Light before noon again

That would explain the dress.

[StassneyHorn 6614]

[Incredulity 11675]

20 minutes ago, StassneyHorn said:

It’s cute you think you’re that memorable, Tiger. 

[StassneyHorn 6614]

tryhard (plural tryhards) (informal, derogatory) A person usually of little talent who tries hard to succeed, especially through imitation, usually to gain fame or popularity.

[Incredulity 11675]

[jimmyjazz 45976]

1 hour ago, Cheeseweasel said:

Economics is a science. 

Lol wut?  A very soft science at best.

[BabaYaga 15301]

The "Dismal Science"

It's the "science" of quantifying human decision making

[52-80 19163]

Economics will never be taken as a serious field of scholarship until it dives into intersectional grievances

[Cheeseweasel 26438]

17 minutes ago, jimmyjazz said:

Lol wut?  A very soft science at best.

[jimmyjazz 45976]

23 minutes ago, 52-80 said:

intersectional grievances

They were awesome until they signed that major label deal.

[tbone_ 14128]

Sell outs

[Incredulity 11675]

4 hours ago, Cheeseweasel said:

That would explain the dress.

Stumbled on this.  Way too apropos to not post

https://reddit.com/r/funny/s/wrz1dkVd9q

 

not sure why that isn’t embedding 

 

 

 

 

 

 

Edited September 6, 2023 by Incredulity

[Cheeseweasel 26438]

11 minutes ago, Incredulity said:

not sure why that isn’t embedding 

Because you touch yourself at night.

 

[BabaYaga 15301]

Let me do me!

[Incredulity 11675]

33 minutes ago, Cheeseweasel said:

Because you touch yourself at night.

[animaltobacco11 107]

Price of oil due to OPEC cuts estimated to get potentially as high as $100, and with rising fuel costs, etc. the hawks think the interest rates are going to continue to go up.

Why can't we quit this transitory inflation!?!

[washparkhorn 9939]

An increase in the price of oil causes demand destruction and, paradoxically, is disinflationary overall.

———— 

Lag effects of rate hikes working their way through economy. 

 

 

[washparkhorn 9939]

On 9/6/2023 at 9:56 AM, 52-80 said:

THE WORKERS IN AMERICA ARE EARNING A LARGER SLICE OF THE NATIONAL OUTPUT (IE THEIR WORK) THAN OECD, SCANDINAVIANS, AND THE WORLD OVER, YOU UNDEREVOLVED PROTOZOA. 

Thats the point of that graphic.  Jesus braindead Christ if you look at that graphic (where America and EU are shaded darkest) and interpret it negatively where American "serfs" are not getting enough.... i'm sure the opposite-shaded countries would be much more accomodating to your class waring beliefs.

Is your tremendous stupidity the reason why you hate meritocracy so much?

Plutocracy fetish?

Adam Smith: “The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least to neglect, persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.” 

[washparkhorn 9939]

22 hours ago, 52-80 said:

Economics will never be taken as a serious field of scholarship until it dives into intersectional grievances

Oh ye of little faith. . .

[52-80 19163]

39 minutes ago, washparkhorn said:

An increase in the price of oil causes demand destruction and, paradoxically, is disinflationary overall.

"the cure for high prices is high prices" -justin bieber

[Cheeseweasel 26438]

39 minutes ago, washparkhorn said:

Adam Smith: “The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least to neglect, persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.” 

 

[52-80 19163]

37 minutes ago, washparkhorn said:

Plutocracy fetish?

Adam Smith: “The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least to neglect, persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.” 

 

"One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain"

[washparkhorn 9939]

13 minutes ago, 52-80 said:

"the cure for high prices is high prices" - Darren Woods, CEO and Chairman ExxonMobil 

https://markets.businessinsider.com/news/commodities/oil-price-outlook-exxon-mobil-ceo-investment-green-energy-transition-2022-6

 

[washparkhorn 9939]

15 minutes ago, 52-80 said:

"One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain"

Sowell describing economic-Trumpism in a nutshell. Bravo

[52-80 19163]

44 minutes ago, washparkhorn said:

Sowell describing economic-Trumpism in a nutshell. Bravo

Ah, yes, everyone forgot about that period where he studied under Donald's tutelage.

[Cheeseweasel 26438]

12 minutes ago, 52-80 said:

Ah, yes, everyone forgot about that period where he studied under Donald's tutelage.

Yuge influence. The best. 

[52-80 19163]

10 minutes ago, Cheeseweasel said:

Yuge influence. The best. 

if you ever want to poison the well with isms, you now have the choice of both the N word and the T word to do it with. 

[B00M 6419]

8 hours ago, washparkhorn said:

Oh ye of little faith. . .

This seems like it belongs in the no shit category and it was up to our policy makers to avoid putting us in this position where we’re so fucking vulnerable as a nation.

[Cheeseweasel 26438]

13 hours ago, B00M said:

This seems like it belongs in the no shit category and it was up to our policy makers to avoid putting us in this position where we’re so fucking vulnerable as a nation.

The policy makers are the ones benefitting from this position we are in.  

[Captainant 27680]

6 minutes ago, Cheeseweasel said:

The policy makers' donors are the ones benefitting from this position we are in.  

ftfy

[Cheeseweasel 26438]

6 minutes ago, Captainant said:

ftfy

You wash my back, I'll wash yours. The policy makers can say no. But they don't.

[Nathan Jessep 147]

1 hour ago, Cheeseweasel said:

You wash my back, I'll wash yours. The policy makers can say no. But they don't.

Policy makers are such cheap whores. 6 figure bribe or speaking engagement and they spread em wide for whatever they want. 
 

Pathetic. 

[washparkhorn 9939]

Core CPI up 0.3% M/M. Headline came in as expected at 0.6%.
 

USD remains King, but giving some ground to the Yen for those reading the tea leaves as suggesting there will be a defense of the Yen against the USD. 
 

Germany looking at GDP contraction. China remains dour. Oil threatening stagnation in non-US economies. Labor is being set up as patsies in any downturn. 

[Bozo_Casanova 26488]

6 minutes ago, washparkhorn said:

USD remains King, but giving some ground to the Yen

doing pretty good for the shape I'm in

[Captainant 27680]

32 minutes ago, washparkhorn said:

Labor is being set up as patsies in any downturn. 

Just like how minimal adjustments to historically stagnant wages paid to laborers was attributed by the brain trust to be the cause of inflation. Not the historically high margins being taken by firms and record stock buybacks to enrich shareholders, of course

[Incredulity 11675]

21 minutes ago, Captainant said:

Just like how minimal adjustments to historically stagnant wages paid to laborers was attributed by the brain trust to be the cause of inflation.

show your work, Trotsky.

[Captainant 27680]

4 minutes ago, Incredulity said:

show your work, Trotsky.

Go nuts, Goebbels.

[Incredulity 11675]

8 minutes ago, Captainant said:

Go nuts, Goebbels.

Did you read your search?

Most of the comments are that wages aren't keeping up, which is the exact opposite of your fabricated reality.  Yes, there are comments about, "wage price spiral" which is sort of what you are accusing, but not really.

[52-80 19163]

15 minutes ago, Incredulity said:

show your work, Trotsky.

demanding other people produce labor is exactly what a post-capitalist fascist would do.  have you no shame

[Captainant 27680]

6 minutes ago, Incredulity said:

Did you read your search?

Most of the comments are that wages aren't keeping up, which is the exact opposite of your fabricated reality.  Yes, there are comments about, "wage price spiral" which is sort of what you are accusing, but not really.

 

2 minutes ago, 52-80 said:

demanding other people produce labor is exactly what a post-capitalist fascist would do.  have you no shame

Lulz, well it's always a crapshoot if surlysearch works or not, but here's some that I've found:

 

And like, shit, there was a whole quarter where everyone was bigly concerned over the "fed wage price spiral". It's literally fed policy to attack wages as a means of controlling inflation. 

But sure, I'm a communist because I think companies are being overly greedy in their profit taking. Lulz.

[Bozo_Casanova 26488]

This thread right now