Just think how cheap housing is when priced in Nvidia stock. I can buy so much more house with my 1000 shares of NVDA than I could 3 years ago!
364 million verdict against the trumpster
- Thread starter kurt cloverdales
- Start date
Just think how cheap housing is when priced in Nvidia stock. I can buy so much more house with my 1000 shares of NVDA than I could 3 years ago!
European Central Banka are responsible for their inflation. It’s lower in the U.S. because we have a stronger economy and we’re the world’s reserve currency.
The one in Colorado, and others like it, provide only post seizure due process and the burden is on the gun owner to prove he or she is entitled to keep the guns. That is blatently unconstitunail in my opinion. To my knowledge, our red flag law hasn’t been litigated because it is so bad. Other red flag laws don’t have these defects, But even the best ones are simply too cumbersome.
Universal background checks for one. I think you’ve also advocated for waiting periods. Do you advocate universal registration? That would be another.
I've heard farmers around home say if land becomes available, you buy it. There doesn't seem to be a limit of capital. I have no idea how they plan to pay for it. With interest rates at 3%, I could maybe see it. But 6-8%? That's a load.
There's more to the world then Central Banks. The Eurozone had QE and lower rates than the US did for like 12+ years and had no inflation.
It seems like just another gold standard to me. But I do think the money supply is partially responsible for the price of land - especially when interest rates are low.
The CPI rose in 2020, 2021 and in 2022 it came hard. EVERY economist in 2020 said inflation will happen--with a good chunk of people saying it was "transitionary inflation". Nobody with any meaningful understanding of economics says Biden's alleged declared "war on fossil fuels" had anything to do with any inflation. You've got to look further that Epoch news.
I assume you do every two weeks when you purchase passive index funds. The problem is stocks, real estate, and other assets are extremely overvalued in comparison to Bitcoin.
As an addendum to this, this is one of three studies but some very good economists at well respected businesses and colleges:
Laurence M. Ball, Daniel Leigh, and Prachi Mishra conducted indepth research to address the questions, What has caused U.S. inflation to rise since 2020, and where is it headed?
To answer these questions, the authors break down the headline inflation number into two categories: core inflation and deviations from the core inflation number. Core inflation is the level of slack or tightness in the labor market. Deviations from the core inflation number are the large changes in the price of a good or service in a particular industry. These deviations can also be unexpected inflation shocks to the headline inflation figure. These shocks can then lead to a pass-through inflation increase to core inflation.
As the labor market tightened during 2021 and 2022, core inflation rose as the ratio of job vacancies to unemployment increased. This ratio is used to measure wage pressures that then pass through to the prices for goods and services. As workers bargain for better pay, firms begin to increase prices. So, from this research, the authors find that three main components explain the rise in inflation since 2020: volatility of energy prices, backlogs of work orders for goods and service caused by supply chain issues due to COVID-19, and price changes in the auto-related industries.
To answer the question of where inflation is headed, the authors point to two factors: the relationship between vacancies and unemployment and long-term inflation expectations, because the Federal Reserve tames inflation by increasing interest rates. The authors forecast the December 2024 inflation level to range from 2.3 to 4.8 percent.
Ball and colleagues conclude that the rise in the ratio of job vacancies to unemployment contributed almost a third of the rise in core inflation of 2.0 percentage points over a 12-month period. The 2.0-percentage-point increase in inflation explains about half the rise in core inflation, climbing from 2.3 to 6.9 percent (total increase of 4.6 percentage points). And finally, they found that the main contributors to the headline inflation shocks were energy prices (2.7 percentage points) and a backlog of work (1.7 percentage points).
Laurence M. Ball, Daniel Leigh, and Prachi Mishra conducted indepth research to address the questions, What has caused U.S. inflation to rise since 2020, and where is it headed?
To answer these questions, the authors break down the headline inflation number into two categories: core inflation and deviations from the core inflation number. Core inflation is the level of slack or tightness in the labor market. Deviations from the core inflation number are the large changes in the price of a good or service in a particular industry. These deviations can also be unexpected inflation shocks to the headline inflation figure. These shocks can then lead to a pass-through inflation increase to core inflation.
As the labor market tightened during 2021 and 2022, core inflation rose as the ratio of job vacancies to unemployment increased. This ratio is used to measure wage pressures that then pass through to the prices for goods and services. As workers bargain for better pay, firms begin to increase prices. So, from this research, the authors find that three main components explain the rise in inflation since 2020: volatility of energy prices, backlogs of work orders for goods and service caused by supply chain issues due to COVID-19, and price changes in the auto-related industries.
To answer the question of where inflation is headed, the authors point to two factors: the relationship between vacancies and unemployment and long-term inflation expectations, because the Federal Reserve tames inflation by increasing interest rates. The authors forecast the December 2024 inflation level to range from 2.3 to 4.8 percent.
Ball and colleagues conclude that the rise in the ratio of job vacancies to unemployment contributed almost a third of the rise in core inflation of 2.0 percentage points over a 12-month period. The 2.0-percentage-point increase in inflation explains about half the rise in core inflation, climbing from 2.3 to 6.9 percent (total increase of 4.6 percentage points). And finally, they found that the main contributors to the headline inflation shocks were energy prices (2.7 percentage points) and a backlog of work (1.7 percentage points).
Unfortunately, my head would explode if I tried to understand bitcoin.....
Yes, most economists predicted inflation when Biden declared war on fossil fuels and passed the stimulus act. What's your point?
Inflation has not proved to be 'transitionary', despite what MSNBC tells you.
I agree they have been great. However, Bitcoin has outperformed both the past 15 years and that trend will continue the next 15 years. We’re in the early innings of Bitcoin demonetizing everything.
Your opinion article means nothing. The “authorities” are working in conjunction with our administration throwing anything at the wall hoping it sticks. When your heroes are Maryanne Trump, EJ Carrol, and Michael Avenatti I rest my case. BTW I am sure Putin has the same opinion of Navalny that you have of Trump
Many criminal investigations of Trump began the day he was elected. My point is the timing of when he was charged. These actions are ALL politically motivated. Note earlier reference to FBI corruption and bias.
Those allegations in your post also don't mean that Trump did not break the law. Trump should be held accountable.
. . . and you want to get rid of the US Dollar as the world's reserve currency and replace it with Bitcoin. LOL.
Not really. Trending down, intraday.
https://www.google.com/finance/quote/BTC-usd. I'd be careful about huckstering an investment if I were you.
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Sooo . . . you're saying in part (one third) we have wage-push inflation? And 1.7% is attributable to a backlog of work?
How does the backlog of work translate to inflation? Higher wages to fulfill the backlog?
And energy prices are? I paid $2.89 (credit) per gallon the other day $2.79 cash price, up from $2.49 and $2.59 a couple of weeks ago. MTIOTF says it was $2.47 per gallon when Biden took office. That's 2.7% of headline inflation?
I quoted Trump-Barry. "Opinion article?" "Michael Avenatti? Carroll? Wtf are you even talking about?
Trump's business organization is corrupt. His GC and CFO are convicted felons who have done time in the pokey. The organization was found guilty on 17 counts of fraud and other financial crimes. Trump runs the joint. He's as crooked and corrupt as they come. He was able to expand his crime syndicate and mob boss activites when he led the executive branch of the federal government. He has repeatedly broken the law. It's no mystery, but MAGA is unable to come to grips with it. In your bubble, it's always someone else's fault. In the MAGA alternate universe, there's no chance Trump has committed any crimes. Amazing.
@Mark Milton
@Digressions
according to the fed reserve
COVID stimulus spending played 'sizable role' in inflation
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
reason.com
"The large increase in demand triggered by the fiscal stimulus policy, together with the slow pace of adjustment in production, likely contributed to the current imbalance in the goods market," they wrote. The increase in demand as the world was still recovering from the blow that the pandemic dealt to production facilities and supply chains—and the disconnect between supply and demand—naturally forced prices to climb.
"Fiscal stimulus did not have any noticeable association with industrial production movements," the three economists explain. "By stimulating demand without boosting supply, our results suggest that fiscal support contributed to increased excess demand pressures."
You also notice we have had a couple years of "the recession will be hear any day". It hasn't arrived? We made a choice to favor fighting recession and risk inflation. If we did nothing and didn't have inflation but a recession, Biden would be blamed for that. After COVID the bullseye was damn small.@Mark Milton
according to the fed reserve last month
COVID stimulus spending played 'sizable role' in inflation
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
"The large increase in demand triggered by the fiscal stimulus policy, together with the slow pace of adjustment in production, likely contributed to the current imbalance in the goods market," they wrote. The increase in demand as the world was still recovering from the blow that the pandemic dealt to production facilities and supply chains—and the disconnect between supply and demand—naturally forced prices to climb.
"Fiscal stimulus did not have any noticeable association with industrial production movements," the three economists explain. "By stimulating demand without boosting supply, our results suggest that fiscal support contributed to increased excess demand pressures."
This is the third time you have tried to threaten me. I’m not huckerstering anything. Point to on the doll where Bitcoin hurt you?
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it may still arrive. i'm not sure biden would be saved regardless and i'm not sure we wouldn't have been better off with a recession. again not sure. prices hit everyone. that said i don't think biden/harris actually had a cogent plan for staving off a recession while mitigating inflation. i think they came out promising to be transformative in creating the largest safety net ever and that was the main goal. freebies. consequences be damned in pandering to socialist/progressives
And it’s all but irrefutable that the only reason they went after him is because he is Donald Trump. That’s what James said she was going to do. Take Trump down by any means necessary. It’s why the governor has to reassure everyone that Trump was a “special case” and no one else had to worry.
You guys don’t mind it because orange man bad.
Yeah, I kind of do. I’m getting older and might be a pussy. I still think I could kick your old ass though before I pulled a muscle.
I read somewhere, The buck stops here.
I read somewhere, that's why you make the big bucks
I read somewhere, I own the output of my actions.
We may never get to the promise land with biden. But we will burn in flames if we continue with his trajectory.
Just as long as "we" don't turn on YOU ! ! so behave, do as we please and all is fine. Capeesh ? A deal that you can't say no too.
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I don't expect you to care, it just goes to show that inflation was bad everywhere and the US was fortunate enough to have experienced least compared to peer countries.
And the idea that is was primarily caused by Biden is laughable.
Again, sorry inflation has caused you so much pain, but I would still kill for US inflation numbers.
Strangely, despite significantly worse inflation here, I see far less whining and crying about it. I'm not sure if it's because Americans have turned into extreme whiners, it's actually just hyperpartisan BS or the benefits of 'socialism'. 😁😆
Perhaps. Especially with my "old man" balance issues. And my history of concussions. One thing's for sure, like most things, you haven't thought this through.
You deserved being called a pussy, after claiming I "threatened" you when I only gave you a mild caution. This is what you claim to be a threat: "I'd be careful about huckstering an investment if I were you." What's threatening about that? If that's a threat, sue me.
Besides 2, three times? From where I sit, it's only been 2 mild cautions, like the one above. Show where I've "threatened" you three times. I bet you can't.
How much are crab legs, string cheese, and Starbucks there?
Here. Get informed. From the fed reserve. As for Biden he was a significant contributor. And remember what went through wasn’t what he wanted. He wanted significantly more. Thankfully manchin/sinema blocked him. Progressives can damage a city and a country in a matter of months
COVID stimulus spending played 'sizable role' in inflation
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
reason.com
We don’t like socialism. It’s UnAmerican damnit.
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If Biden is having a war on fossil fuels, he seriously sucks at it. We produce more oil than any other country.
In that case. F%#k off pussy.
I thought it was 3 times. My apologies if it’s only been two.
