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Inflation and Shortage Observations

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9 minutes ago, toolg said:

Consumer spending and job market remains strong despite inflation. Let's wait to see where the numbers end up.

That print could double and it would still be negative 4% real growth.

EDIT:

And consumers have moved to credit for purchases, reaching an all time high of nearly $1 trillion, which is always a good sign. :lol: 

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14 minutes ago, TEW said:

That print could double and it would still be negative 4% real growth.

EDIT:

And consumers have moved to credit for purchases, reaching an all time high of nearly $1 trillion, which is always a good sign. :lol: 

Yup

i am piling up cash for a buying spree. Probably next yr

Has anyone gone to Sarah Silverman's big natural toes site yet?

1 hour ago, ToastJenkins said:

Yup

i am piling up cash for a buying spree. Probably next yr

I figure 3 or 4 more rate cuts, probably 1-2 big ones followed by 1-2 small ones before a fed reversal.

 

21 minutes ago, TEW said:

I figure 3 or 4 more rate cuts, probably 1-2 big ones followed by 1-2 small ones before a fed reversal.

You mean hikes?

1 minute ago, ToastJenkins said:

You mean hikes?

Yes, sorry. Freudian slip :lol: 

20 minutes ago, toolg said:

 

And in comparison to 2020?

The US economy went back into growth mode in the third quarter of 2022, making an imminent recession less likely

  • US gross domestic product grew at an annualized rate of 2.6% in the third quarter of 2022.

  • That beats the 2.4% growth estimate.

  • The advance estimate suggests the US economy is growing again after shrinking in the first two quarters of 2022.

Americans fearing a looming recession can breathe a little easier.

The economy's gross domestic product grew at an annualized rate of 2.6% in the third quarter of 2022, according to a Thursday report from the Bureau of Economic Analysis. That advance estimate is above the median estimate from economists surveyed by Bloomberg of 2.4%.

In other news, over 50% of the cost of Inflation is due to Corporate Profits. Greed is the major factor for Inflation. Artificially inflating the cost of goods is really good for the American People. Let's give them another tax cut.

 

 

35 minutes ago, jsdarkstar said:

In other news, over 50% of the cost of Inflation is due to Corporate Profits. Greed is the major factor for Inflation. Artificially inflating the cost of goods is really good for the American People. Let's give them another tax cut.

Be less stupid

16 minutes ago, ToastJenkins said:

Be less stupid

Can't handle the facts. Huh.

2 hours ago, toolg said:

 

The major reason why Gas prices are so high. Also the refineries are raking in record profits.  

Careful, TJ may tell you to be less stupid.

10 minutes ago, jsdarkstar said:

Can't handle the facts. Huh.

If a company sells an asset and inflation pished the price of that asset up, what do you  think will happen to their profit in absolute terms?

i cant handle your stupidity

10 minutes ago, jsdarkstar said:

The major reason why Gas prices are so high. Also the refineries are raking in record profits.  

Careful, TJ may tell you to be less stupid.

Tool is beyond hope

you used to be at least moderately intelligent. Alas

19 hours ago, lynched1 said:

Some do. I don't see it. Christmas promo's before Halloween aren't a good sign.

Where the hell have you been? This is nothing new.

3 hours ago, Arthur Jackson said:

Has anyone gone to Sarah Silverman's big natural toes site yet?

Yep. You know what it was?

 

crummy-commercial.gif

8 minutes ago, ToastJenkins said:

If a company sells an asset and inflation pished the price of that asset up, what do you  think will happen to their profit in absolute terms?

i cant handle your stupidity

If company sells a product and factors in the inflation, wages and costs into the price and then raises the price even higher, what do think happens in terms of profit vs. inflation? 

2 minutes ago, jsdarkstar said:

If company sells a product and factors in the inflation, wages and costs into the price and then raises the price even higher, what do think happens in terms of profit vs. inflation? 

Cant answer. How not shocking. @vikas83 educate this fool…again

 

Profit take for October or let it ride? 

Decisions....

3 minutes ago, ToastJenkins said:

Cant answer. How not shocking. @vikas83 educate this fool…again

 

  1. Nor can You. Not surprised. The answer is Corporations make Record Profit and drive up the cost of inflation by artificially inflating the cost of goods. 

    But hey look, I'm not the only one that believes it.

    news.yahoo.com › how-much-is-corporate-greedHow much is corporate greed fueling inflation? - Yahoo! News

     

    Feb 28, 2022 · Greed isn’t the underlying cause of inflation, but it’s making it worse "Critics of major corporate price increases aren’t arguing that the consolidation is the only force driving inflation;...

    • Author: Mike Bebernes
  2. Oct 19, 2022 · Corporate Greed Is The Cause Of Inflation, Not Full Employment The Fed is petrified by the specter of inflation, but is doing nothing about its cause — a sudden dramatic increase in the...

  3. Sep 25, 2022 · Corporate greed, not wages, is behind inflation. It’s time for price controls Robert Reich Corporations are using rising costs as an excuse to increase their prices even higher, resulting in...

    1. Mar 01, 2022 · It's a lack of competition. Corporations are using the excuse of inflation to raise prices and make fatter profits. Take the energy sector. Only a few entities have access to the land and pipelines that control the oil and gas powering most of the world. They took a hit during the pandemic as most people stayed home.

    2. Mar 24, 2022 · Corporations are taking in record profits. Inflation is at 40 year highs. So could corporations just maybe not raise prices and still be fine and would that stop inflation? There's a lot to unpack ...

    3. Jul 28, 2022 · It suggests inflation is based on corporate greed, and it is a favorite of Democratic politicians. Inflation is out of control. The US recorded an increase in the Consumer Price Index of 9.1 percent in June 2022, [1] and inflation has been above 8 percent since March 2022. [2] We need an explanation of why inflation has appeared, and we need it ...

    4. Mar 22, 2022 · Corporations are using the excuse of inflation to raise prices and make fatter profits. Take the energy sector. Only a few entities have access to the land and pipelines that control the oil and gas powering most of the world. They took a hit during the pandemic as most people stayed home.

    5. Oct 14, 2021 · Corporate Greed the 'Real Culprit Behind Rising Prices,' Researchers Say "The more sway mega-corporations have over our economy, the more power they have to gouge customers, squeeze Main Street, and exploit workers." Kenny Stancil October 14, 2021

     
     
     

We are well aware you can cut and paste atuff you agree with, like a child

3 minutes ago, ToastJenkins said:

We are well aware you can cut and paste atuff you agree with, like a child

No you're the child because you can't accept answers that you disagree with or maybe it's you just don't understand the concept. Either way, I don't give a damn.

8 minutes ago, ToastJenkins said:

Cant answer. How not shocking. @vikas83 educate this fool…again

 

Here's the answer again.  The answer is Corporations make Record Profit and drive up the cost of inflation by artificially inflating the cost of goods. 

Now let's see where your answer is to my question? Waiting.

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