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10-15-2022, 9:42am | #1 | ||||||||
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Liars and damn liars
I've been saying it a while now, that whatever the inflation rate the Brandon Administration claims, double it for the real number. My theory has been proven correct...
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But if calculated on Carter-era methods: Quote:
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10-15-2022, 1:40pm | #2 | ||||||
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The 40%-100% more I'm paying for food and electricity and the 150% more I'm paying for gasoline this year would seem to bear this out. My weekly grocery bill went from an average of about $93 (for the last 4-5 years) to about $165, and now, about $205 in this past month.
I wonder what the people who didn't plan for this shit are doing? |
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10-15-2022, 3:17pm | #3 | ||||||
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If you are a shopper and keep receipts you can see it well before its posted. But, hey, No more mean tweets.
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10-16-2022, 6:09am | #4 | ||||||
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Probably paid 10% more for my last cart of groceries than I did previously. Not an earth shattering change but the fact that inflation lacks a specified endpoint is more than a little problematic. Even a braindead lib shouldn't want to be going down this road but they have tunnel vision and are stuck on wanting to destroy our system, can't see they're digging their own grave.
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10-16-2022, 7:28am | #5 | ||||||
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10-16-2022, 8:10am | #6 | ||||||
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Problem is they (government/central bank) have placed our Nation in an impossible position, with no painless way out. Mises’ said as much many years ago:
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” — Ludwig von Mises So if they return to QE/interest rate suppression, we will experience ever higher price inflation and eventually have a currency crisis, i.e. hyperinflation. If they continue to raise rates, we will have a deflationary spiral as our over indebted economy cannot meet its obligations at interest rates remotely near levels that would resolve price inflation. Either results in an economic Depression for the record books. The question IMO is, did they do this on purpose? And I believe they absolutely did. Nothing like a “crisis” to impose changes on society that would be impossible otherwise. Their ultimate goal, simply appears to be power over the rest of us? Best strategy IMO, is to be as independent of the system as you can and move to a State with a decent government, (if you don’t already live in one). Still going to be ugly but best chance to thrive, resist these global psychopaths and maintain the ideas our Republic was founded on. Even reading my own words makes me feel like a pessimistic, doom and gloomer. Could be wrong? Time is telling. |
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10-16-2022, 8:42am | #7 | ||||||
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The government needs to curb spending, and to let the people spend their money on their wants and needs.
Government has been spending tax collected moneys on unnecessary items for decades. Pet projects for each states senators and congressman. Just utter crap. Social Security needs to wither be volunteer or back to its original intent, savings for the said person. Not their spouse, SSDI or any offshoot program..For example |
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10-16-2022, 9:02am | #8 | |||||||
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Quote:
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10-26-2022, 12:54pm | #9 | ||||||
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REAL INFLATION is what I pay for the goods I buy, NOT what some gov loser in a comfy job is told by the socialist administration.
I grocery shop at least one a week and hit Costco 2 or 3 time/month, and eat out for lunch every weekday. That gives me enough data to figure out how my buying power is being lessened, again, no need for lying pols to tell me. My best guess, since last summer, is that consumer prices have increased 25+%, as nothing is cheap, EVERYTHING has increased, not 10% or 15% annualized, much more, AND SADLY IT WILL CONTINUE TO GET WORSE FOR A LONG TIME, NOT SURE IF WE WILL EVER SEE BETTER. Someone needs to let depends joe know he has already secured his spot as the very worst potus EVER, he can lighten up. |
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