Inflation rose 8.6% in May, highest since 1981

[PortCityProphet]

I mean the shyt is common sense fam. Been in this industry in Operations and Engineering (on executive levels). It’s not rocket science. Ports are STRUGGLING with containers sitting on yards. SEVERE driver shortages, Etc.

You ole lemme slide this humble brag in there and see if anyone notice ass nikka


Cashapp me $200 and ill pay you back when I get on my feet

Spoiler

 

[Tres Leches]

Did Biden stutter yet

 

[Wildhundreds]

Don't you hate when someone who isn't in the industry tries speak on the industry so confidently and is flat out wrong?

There's labor shortages all over the fukking supply chain, which leads to delays in production and shipping, which leads to delays on in-stocks, which drives up the cost on finished goods.

It's a multilayered problem. Anyone who thinks otherwise is just looking for feel good platitudes.

Got a lot of people who look at youtube videos and read a lot, but have 0 real life experiences.. They'll actually argue with someone who's actually in the industry.

 

[Originalman]

Financially irresponsible people are the WOAT especially when the other person in the relationship is. Auto IMO

I understand now why people ask about credit scores on dating apps

All true. But even the credit scores don't matter when clowns walking around with a ton of debt paying the minimum. My boy old lady owe 130K in student loans paying 600 a month the last 10 year on a consolidated 30 year loan and makes 150K a year. Then she surprised she ain't made a dent in the loan in the last decade. But brag her credit score a 800.

I tell you what I remember 2008 - 2012. A lot of shyt was on sell during that time cause businesses and some people were irresponsible before 2008. Max pain was a real thing....jokers were getting everything for the low...from clothes, cars, houses, poosey and mouth too...

Bought a 2001 Audi from a white boy in 2010 for like 2500 cause he was hard up on money. Joker had blown all his savings fukking off and flossing and then lost his job. fukked around and flipped that audi for 8K....

shyt was wild getting shyt for crack head prices all in the late 2000s and early 2010s.

 

[Originalman]

9.1%

Them I series Bonds interest rates gonna be 11% in November...

 

[null]

Thanks Biden.

for what? name names e-grow ...

 

[null]

Between the start of 1991 and the end of 2019, year-over-year inflation averaged about 2.3% a month, and exceeded 5.0% only four timEs

rubbish

Why Has the Inflation Calculation Changed Over Time?

As prices soar, some critics are raising doubts about the official inflation figures. But many economists say the figures are an accurate snapshot of rising prices.

www.nytimes.com

Shadowstats.com - Wikipedia - down at the mo.

 

[Rekkapryde]

All true. But even the credit scores don't matter when clowns walking around with a ton of debt paying the minimum. My boy old lady owe 130K in student loans paying 600 a month the last 10 year on a consolidated 30 year loan and makes 150K a year. Then she surprised she ain't made a dent in the loan in the last decade. But brag her credit score a 800.

I tell you what I remember 2008 - 2012. A lot of shyt was on sell during that time cause businesses and some people were irresponsible before 2008. Max pain was a real thing....jokers were getting everything for the low...from clothes, cars, houses, poosey and mouth too...

Bought a 2001 Audi from a white boy in 2010 for like 2500 cause he was hard up on money. Joker had blown all his savings fukking off and flossing and then lost his job. fukked around and flipped that audi for 8K....

shyt was wild getting shyt for crack head prices all in the late 2000s and early 2010s.

as much as we act the fool on here, there's a lot of truth in the fukkery. A LOT of red flags and warning signs that you can pickup. I stay with the

reading some of the shyt on here. Overly materialistic women are a big turn off to me. Trend followers and not thinkin for yourself disgusts me.



The shyt that cracks me up with this inflation shyt is that it would have happened even if Trump goofy ass got a second term. shyt is happening worldwide. .

 

[Rell Lauren]

All avoidable. Enjoy Biden voters.

 

[the bossman]

Biden just said the inflation numbers are out of date

Not really out of date. Just that it lags since it reflects the precious month.

Gas prices being down should show up in next month's report

 

[Serious]

I know folks don't want to hear it cause its blood in the streets. But this is where the REAL money is made if you got some you can hold off touching for some years.

These stocks/etfs, bonds and other investments (such as crypto I.E. good projects) are hedges against inflation. Its ok to hold onto money that you need. But if its money you don't need in the next few years. Its best to place it in some of these investments. Cause inflation will eventually cause the investments (good ones) to rise in the coming years.

Also this housing market about to slow down big time (no major crash like 2008), but all that paying 20K to 100K over the asking price about to be over on them 2100 to 5000 square foot houses. Once Powell raise this interest rate another .75 to 1.00 bases points the next 2 times this year.

Drop some names man.

But on the conservative side. We can't afford L's.

 

[the bossman]

All avoidable. Enjoy Biden voters.

If this is because of Biden, then why do we see the exact same high inflation events happening in several other major economies all around the world?

Thats probably Bidens fault too huh

 

[Kenny West]

All avoidable. Enjoy Biden voters.

Biden has been president since 2019?

Federal Reserve Orders 7 Billion Banknotes for 2019 | CoinNews

U.S. currency production in 2019 is expected to reach just over 7 billion notes valued at more than $206.9 billion.

www.coinnews.net

You c00ns cant help yourselves

 

[FreshFromATL]

None of this is surprising if your eyes have been open the past few years, lol. This shyt was inevitable.

 

[Originalman]

as much as we act the fool on here, there's a lot of truth in the fukkery. A LOT of red flags and warning signs that you can pickup. I stay with the

reading some of the shyt on here. Overly materialistic women are a big turn off to me. Trend followers and not thinkin for yourself disgusts me.



The shyt that cracks me up with this inflation shyt is that it would have happened even if Trump goofy ass got a second term. shyt is happening worldwide. .

This is truth in what you say. But like Corey Holcomb and JBO, I be sitting there like bird man waiting for these irresponsible and materialistic women to get caught up when the economy takes a dump.