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Inflation and Shortage Observations

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4 minutes ago, JohnSnowsHair said:

Premarket looks way up. Maybe I'll profit take at like 10-11am because I feel like there's always a pullback in the afternoon.

More likely I'll just do nothing because I tend to overthink trades past the point of where I should have made them.

That's where I'm at, time in the market vs timing the market. If I do anything, it's usually turning down or stopping the faucet of money going in. 

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55 minutes ago, JohnSnowsHair said:

Inflation was 0.1% for May, down to 4% YoY. https://www.bls.gov/cpi/latest-numbers.htm

 

Seems like a good report to me.

 

 

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  • 2 weeks later...

When schools offer free lunch to students, everybody wins.

 

I can afford food and don't have children, so I'm not winning. 

54 minutes ago, vikas83 said:

I can afford food and don't have children, so I'm not winning. 

So at least one of us is happy with higher grocery bills. You could buy something else with the savings, more stocks or something.

There is always one I suppose.

Just now, toolg said:

So at least one of us is happy with higher grocery bills. You could buy something else with the savings, more stocks or something.

There is always one I suppose.

1. When's the last time you think I bought groceries? 

2. I'd prefer the poors starve and die off

2 minutes ago, vikas83 said:

1. When's the last time you think I bought groceries? 

2. I'd prefer the poors starve and die off

Touche. I imagine grocery costs has some ripple effect to catering and restaurants, but this was not part of the study.

Starving children is ok but abortion is not? I have a hard time grasping this set of morals.

22 minutes ago, toolg said:

Touche. I imagine grocery costs has some ripple effect to catering and restaurants, but this was not part of the study.

Starving children is ok but abortion is not? I have a hard time grasping this set of morals.

I'm pro choice. I wouldn't personally support my wife having an abortion, but other people are free to burn in hell.

I'm pro poors dying in any way possible -- pre or post birth.

  • 3 weeks later...

Inflation was 0.2% in June. Down to 3% over the last 12 mos.

 

 

25 minutes ago, JohnSnowsHair said:

Inflation was 0.2% in June. Down to 3% over the last 12 mos.

 

 

Unreal.  They've stuck the landing.  Biden should award himself the Medal of Freedom in the next SOTU.

27 minutes ago, JohnSnowsHair said:

Inflation was 0.2% in June. Down to 3% over the last 12 mos.

 

 

oh and I almost forgot

Screen Shot 2022-02-10 at 4.16.13 PM.png

5 minutes ago, VanHammersly said:

Unreal.  They've stuck the landing.  Biden should award himself the Medal of Freedom in the next SOTU.

You mean the fed?

1 minute ago, Blazehound said:

You mean the fed?

1524676988_ScreenShot2022-02-10at4_16_13PM.png.3a14c70769339727f46307aeae9d0f3e.png

:roll:

1 minute ago, VanHammersly said:

1524676988_ScreenShot2022-02-10at4_16_13PM.png.3a14c70769339727f46307aeae9d0f3e.png

:roll:

Ok. You tell me. What has Biden specifically done to tamper the rise of inflation?

3 minutes ago, Blazehound said:

Ok. You tell me. What has Biden specifically done to tamper the rise of inflation?

On a scale of 1 to storm the capital, how upset are you that inflation has come down drastically and we're still gaining 200K jobs a month?

35 minutes ago, Blazehound said:

You mean the fed?

So blame Biden for it rising and give credit to the Fed when it eases. Got it.

42 minutes ago, Blazehound said:

Ok. You tell me. What has Biden specifically done to tamper the rise of inflation?

 

1524676988_ScreenShot2022-02-10at4_16_13PM.png.3a14c70769339727f46307aeae9d0f3e.png

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On 6/21/2023 at 4:07 PM, toolg said:

So at least one of us is happy with higher grocery bills. You could buy something else with the savings, more stocks or something.

There is always one I suppose.

What savings?  Who do you think is paying for the "free" school lunch?  

15 minutes ago, Phillyterp85 said:

What savings?  Who do you think is paying for the "free" school lunch?  

The school district.

So then I'll answer your next question: Yes, I pay the school tax. So then theoretically my school tax will go up, you would say... But don't forget to subtract lunch account administration costs in the equation, and my grocery bills go down... Then at the very least I have to break even. Plus I get the benefit that students aren't going hungry in class, they're able to perform better, (perhaps students will behave better on a satisfied stomach). So overall it's a win for society.

3 hours ago, Blazehound said:

Ok. You tell me. What has Biden specifically done to tamper the rise of inflation?

He hasn't tried to politicize the Fed. That stands in good contrast with the alternative.

Make govt boring again

 

3 hours ago, toolg said:

The school district.

So then I'll answer your next question: Yes, I pay the school tax. So then theoretically my school tax will go up, you would say... But don't forget to subtract lunch account administration costs in the equation, and my grocery bills go down... Then at the very least I have to break even. Plus I get the benefit that students aren't going hungry in class, they're able to perform better, (perhaps students will behave better on a satisfied stomach). So overall it's a win for society.

Wrong as always

3 hours ago, toolg said:

The school district.

So then I'll answer your next question: Yes, I pay the school tax. So then theoretically my school tax will go up, you would say... But don't forget to subtract lunch account administration costs in the equation, and my grocery bills go down... Then at the very least I have to break even. Plus I get the benefit that students aren't going hungry in class, they're able to perform better, (perhaps students will behave better on a satisfied stomach). So overall it's a win for society.

Your grocery bill goes down temporarily during the school year and only until your kids graduate.  Your tax goes up for the rest of your life while you live in that school district.

Why are students going hungry in class? Is someone forbidding them from taking their scheduled lunch?

 

 

I'm not sure food for children is the hill to die on in combating government waste. 

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