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Price inflation

mexcurandero420

See the world through a puff of smoke
Veteran
money-printer-go-brr-jerome-powell.gif

All that money printing has reached the bottom (us), besides shortages of common goods.

You can still buy groceries for the same price, although the package looks the same, it's still different.

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trichrider

Kiss My Ring
Veteran
the ChinaFlu Plandemic destroyed the supply chains.
demand increases for everything resulting in higher costs leading to inflated prices.
it's about to get much worse.
hope you're higher up the food chain than most folks i know.

environmentalists honking about beef farts and the climate ending in 3...2..1.

congress critters building legacies on our dime.

United Nations pushing a treaty to "vaxxinate" every human on the planet....where did they get that notion?

oh yeah...

"Timeline October 18, 2019: The B. and M. Gates Foundation and the WEF were partners in the Johns Hopkins Center for Health Security October 2019 nCoV-2019 Pandemic “Simulation Exercise”, along with the U.S. and Chinese C.D.C.

December 31, 2019 China alerted WHO to several cases of “unusual pneumonia” in Wuhan, Hubei province.

January 7, 2020 Chinese officials announced they had identified a new virus, The novel virus was named by the WHO 2019-nCoV (exactly the same name as the virus pertaining to the John Hopkins simulation exercise, with the exception of the placement of the date).

January 24, 25, 2020: Meeting at Davos, under the auspices of CEPI which is also a WEF-Gates partnership, the development of a 2019 nCoV vaccine was announced. (2 weeks after the January 7, 2020 announcement, and barely a week prior to the launching of the WHO’s Worldwide Public Health emergency).

January 30th, 2020, WHO Director General announces the “Public Health Emergency of International Concern (PHEIC). And now a Worldwide vaccination campaign has been launched to curb the COVID-19 under the auspices of CEPI in partnership with GlaxoSmithKline.

Concluding Remarks
While COVID-19 (alias nCoV-2019) constitutes a multi-billion corporate bonanza for Big Pharma, it has also contributed to precipitating humanity into a dangerous and unfolding global process of economic, social and geopolitical destabilization." (Chossudovsky)

Works Cited: Chossudovsky, Prof Michel. globalresearch.ca. 01 March 2020. Web. 07 April 2020. (https://www.globalresearch.ca/covid-1...).

everyone around the world was played with the exception of those involved.
Fascists even brag about 'bringing business and government together' to accomplish this.

now you have a clue.

the container ships are still parked off of Long Beach, trucking industry is hamstringed by higher energy costs while the environmentalists demand an end to gas and oil.
Plandemic made thousands of small business call it quits, put untold thousands out of work for "vaxxine" noncompliance.

i could go on but why bother, there'll just be some poor unfortunate soul begrudged by personal experience to blame my virtual white privilege and Nationalist Conservatism.
 

Cuddles

Well-known member
Over here the prices had gone up before the pandemic. The disruption in the supply chain / transportation problems just came in really handy. Just like it came in handy to cover up (or the word a brexiteer politician would use : explain ) that the higher cost of living is not due to Brexit (higher import costs for businesses) but rather the pandemic. But I´m drifting..
Retailers put the prices up BEFORE Russia invaded the Ukraine and THEN used the war as an excuse! That´s what pisses me off.
And had they waited a month or two their greed would not even have been so blatantly obvious!

All in all the pandemic and the current war in the Ukraine has fallen right into the laps of politicians, retailers, the transportation industry and more
 

mexcurandero420

See the world through a puff of smoke
Veteran
Are you seriously trying to imply that trickle down economics works?

WOW.
Nope the opposite, what I meant that all that money printing the fed are doing, but that counts also for the ECB, although the Fed can raise the intrest rate, which the ECB can't do, is the greater cause of inflation.
 

Absolem

Active member
Yeah it's the money printing and not ththe fact that that they stole it all for themselves lmao
You are clueless how money works. It's the common folks who use cash and save cash. The rich don't hoard cash. Or even go after cash. Their money lies all in stocks and bonds. Stocks and bonds grow................ cash doesn't. The wealthy let us commoners play in the cash game. 200 billion in new cash every year compared to a stock market valued at 46 trillion. Get yourself some cash while you can.

Currency in circulation, a direct measure of demand for Federal Reserve notes, increased by 4.0 billion notes or $212.8 billion dollars between June 2020 and June 2021. In contrast, during the same period the previous year, currency in circulation increased by 5.1 billion notes, or $226.3 billion dollars.


The total market capitalization of the U.S. stock market is currently $48,264,353.4 million (March 31st, 2022). The market value is the total market cap of all U.S. based public companies listed in New York Stock Exchange, Nasdaq Stock Market or OTCQX U.S. Market (read more about OTC markets from here.) Despite the pandemic, the total market value of listed American companies increased 20.15% during the year 2020. Between 1/1/2010 and 12/31/2020, the market cap of public U.S. corporations increased 170.11%. The table below lists also the historical total market cap of the top 500 U.S. companies.
 
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HempKat

Just A Simple Old Dirt Farmer
Veteran
It's not the money printing, it's not Brexit, it's not the pandemic, it's not broken supply lines, it's not the war in Ukraine, those are all excuses, those are all fake news. Sure all those things didn't help and may have added to the problem slightly but the bottom line, the truth, is it was all corporate greed and the corporations are just using all those other things to justify the price increases they've been making. So how do you tell? Well if all those excuse were to blame, if they forced the corporations to pay more which in turned forced the corporations to raise prices to cover the added expenses then the profit margins should have remained relatively flat, but they didn't. Corporation after Corporation have been reporting record breaking profit margins. Take GM for example, their sales dropped by 20% and yet they turned in a strong earnings report in the last quarter that was roughly the same but slightly larger then the previous report. Now all this happened while they not only maintained the previous inventory but their inventory actually grew which kind of blows a hole in the story that parts shortages reduced their supply forcing them to raise prices.

 

Three Berries

Active member
Those evil corporations . If only the government could control the price. If it's as good as they control the inflation it will be spectacular living like Cuba.

But the real problem is the incorrect reporting of inflation as it's just more gov propaganda when it's from 'official' channels.

If you lived though the Carter years then you know how to handle inflation. But cash is not something to hoard right now and loans are always better off paid back with cheaper dollars.

 

Doctor M

Active member
It's not the money printing, it's not Brexit, it's not the pandemic, it's not broken supply lines, it's not the war in Ukraine, those are all excuses, those are all fake news. Sure all those things didn't help and may have added to the problem slightly but the bottom line, the truth, is it was all corporate greed and the corporations are just using all those other things to justify the price increases they've been making. So how do you tell? Well if all those excuse were to blame, if they forced the corporations to pay more which in turned forced the corporations to raise prices to cover the added expenses then the profit margins should have remained relatively flat, but they didn't. Corporation after Corporation have been reporting record breaking profit margins. Take GM for example, their sales dropped by 20% and yet they turned in a strong earnings report in the last quarter that was roughly the same but slightly larger then the previous report. Now all this happened while they not only maintained the previous inventory but their inventory actually grew which kind of blows a hole in the story that parts shortages reduced their supply forcing them to raise prices.




Was this from a course taught at the Bernie Sanders school of economics?


It quite frankly is the most incomplete and short sighted summary of what's driving inflation.
 
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