Inflation rose 8.6% in May, highest since 1981
- Thread starter Doobie Doo
- Start date
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cheap money flowing from assets (which inflated massively over the last 15 years) into the real economy.
If people dont know it by now, they stuck on stupid.
DJ Paul's Arm
Veteran
Was running errands yesterday and dam near everybody looking depressed as fukk.
Who is we? If you talking the pittance that regular folk got, that shyt is a drop in the bucket that went right back into the system. Everyday people have bills, not savings.
Now the big boys and their gigantic stimulus? That might actually matter, but no, it is not the cause of this inflation. Logistics mostly is to blame as well as price gouging.
I really changed my lifestyle these past 2 years and these prices gonna keep me living this way:
- Rarely eat out, at most I do carry out but mainly I just cook at home.
- No happy hours/bar hopping etc. straight to the liquor store and make my own drinks.
- Gaming, Movies, Working out and spending time with friends and family at people's house or in a park/beach.
- Add these gas prices on top and I'm gonna keep it local this summer while I stock up on food.
IIVI
Superstar
I mean, everyone called it when they were printing money during the pandemic.
techstartups.com
80% of all US dollars in existence were printed in the last 22 months (from $4 trillion in January 2020 to $20 trillion in October 2021) – UPDATED - Tech Startups
Last year, we published an article titled "40% of US dollars in existence were printed in the last 12 months,," spotlighting the dramatic surge in currency circulation. It quickly became one of our most popular pieces, attracting over 250,000 unique visitors. As of January 6, 2020, the US...
techstartups.com
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I mean, everyone called it when they were writing checks:
80% of all US dollars in existence were printed in the last 22 months (from $4 trillion in January 2020 to $20 trillion in October 2021)
80% of all US dollars in existence were printed in the last 22 months (from $4 trillion in January 2020 to $20 trillion in October 2021) – UPDATED - Tech Startups
Last year, we published an article titled "40% of US dollars in existence were printed in the last 12 months,," spotlighting the dramatic surge in currency circulation. It quickly became one of our most popular pieces, attracting over 250,000 unique visitors. As of January 6, 2020, the US...
So the better option was to give people nothing and let them along with their businesses just die in the pandemic?
Republicans are so brainwashed they'll root for the economy tanking with a democratic president before doing anything to help.
If I were Biden Id be on TV every week pushing national anti price gouging laws.
If I were Biden Id be on TV every week pushing national anti price gouging laws.
the inflation was gonna happen regardless.
corporations were cutting heads to keep the profit margins during the pandemic (keep stockholders happy, fukk the rest) and it's all coming back to bite people in the ass.
corporations were cutting heads to keep the profit margins during the pandemic (keep stockholders happy, fukk the rest) and it's all coming back to bite people in the ass.
Its crazy how they brainwashed people into believing that our lil bullshyt checks caused inflation and not sending money overseas for bullshyt wars, states purposely hoarding billions in air, bailing out bankers, wallstreet, sending billions to the Saudis, Israel, Afghanistan and fattened the wallets of these crooks in D.C... This been the pedigree forever and the pandemic exposed the US as nothing more than a big pyramid scheme
Blue collar and non college workers saw their income drop over 7 percent over the last year
This is why crime is rising nationwide.
This is why crime is rising nationwide.
