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MikeLaRonde
Joined: 11 Jun 2001
Posts: 772
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 Posted: Wed Feb 28, 2024 7:22 pm Post subject: |
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| MalibuGuru wrote: | | Here's reality |
(pic of GDP vs. USD expenditure)
Bingo. This sure seems to correlate with the difference between the absolute (dismal) and relative (ok for now) recent change in the true value of USD.
For example! Despite the awesome average rainfall that the NE gets, many communities have poor quality tap water. So, bottled water is an essential commodity.
My favorite reasonably priced water comes from upstate NY. One gallon of "Crystal Geyser", in 2019, was between 89 and 99 cents. Now almost $2, or about a 90% increase. Of course, part, if not most, of the cost may be the plastic containers, and that could be (in theory) where a supply squeeze is occurring.
I'm not buying it just yet (the theory). I say the cost of EVERYTHING is up, including materials, labor, production, and logistics. |
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real-human
Joined: 02 Jul 2011
Posts: 14923
Location: on earth
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| Posted: Wed Feb 28, 2024 7:42 pm Post subject: |
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| MikeLaRonde wrote: | | MalibuGuru wrote: | | Here's reality |
(pic of GDP vs. USD expenditure)
Bingo. This sure seems to correlate with the difference between the absolute (dismal) and relative (ok for now) recent change in the true value of USD.
For example! Despite the awesome average rainfall that the NE gets, many communities have poor quality tap water. So, bottled water is an essential commodity.
My favorite reasonably priced water comes from upstate NY. One gallon of "Crystal Geyser", in 2019, was between 89 and 99 cents. Now almost $2, or about a 90% increase. Of course, part, if not most, of the cost may be the plastic containers, and that could be (in theory) where a supply squeeze is occurring.
I'm not buying it just yet (the theory). I say the cost of EVERYTHING is up, including materials, labor, production, and logistics. |
Under trump the race to inflation was started, the cost of wood went up by 3-4 times in some areas. Thanks trump for hyper inflation start that trickles out all over...
https://www.vantrumpreport.com/2020/08/20/whats-the-real-story-on-soaring-lumber-prices/
_________________
when good people stay silent the right wing are the only ones heard. |
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MikeLaRonde
Joined: 11 Jun 2001
Posts: 772
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| Posted: Wed Feb 28, 2024 8:28 pm Post subject: |
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so
Last edited by MikeLaRonde on Wed Feb 28, 2024 10:26 pm; edited 2 times in total |
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mac
Joined: 07 Mar 1999
Posts: 17763
Location: Berkeley, California
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| Posted: Wed Feb 28, 2024 9:36 pm Post subject: |
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| I guess schlogger is also all in on Putin and Russian interference. |
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Still-Waters
Joined: 21 Nov 2023
Posts: 154
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| Posted: Thu Feb 29, 2024 7:28 am Post subject: |
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| real-human wrote: | | MikeLaRonde wrote: | | MalibuGuru wrote: | | Here's reality |
(pic of GDP vs. USD expenditure)
Bingo. This sure seems to correlate with the difference between the absolute (dismal) and relative (ok for now) recent change in the true value of USD.
For example! Despite the awesome average rainfall that the NE gets, many communities have poor quality tap water. So, bottled water is an essential commodity.
My favorite reasonably priced water comes from upstate NY. One gallon of "Crystal Geyser", in 2019, was between 89 and 99 cents. Now almost $2, or about a 90% increase. Of course, part, if not most, of the cost may be the plastic containers, and that could be (in theory) where a supply squeeze is occurring.
I'm not buying it just yet (the theory). I say the cost of EVERYTHING is up, including materials, labor, production, and logistics. |
Under trump the race to inflation was started, the cost of wood went up by 3-4 times in some areas. Thanks trump for hyper inflation start that trickles out all over...
https://www.vantrumpreport.com/2020/08/20/whats-the-real-story-on-soaring-lumber-prices/ |
The soft wood lumber dispute, ya that's been going on since 1982. Hey, but you run with that narrative. I'm sure MSNBC or CNN told you that was all Trumps fault and you run with it. Next. |
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boggsman1
Joined: 24 Jun 2002
Posts: 9126
Location: at a computer
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| Posted: Thu Feb 29, 2024 10:50 am Post subject: |
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| MalibuGuru wrote: | | Here's reality |
So Steve...In four years tRump tacked $8.2TR onto the US debt, what did the GDP cost then ? Real GDP was less than 2% average from 2017-2021? Lets see that math please??? My guess is 4, or 5-1 |
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boggsman1
Joined: 24 Jun 2002
Posts: 9126
Location: at a computer
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| Posted: Thu Feb 29, 2024 10:56 am Post subject: |
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| MikeLaRonde wrote: | | MalibuGuru wrote: | | Here's reality |
(pic of GDP vs. USD expenditure)
Bingo. This sure seems to correlate with the difference between the absolute (dismal) and relative (ok for now) recent change in the true value of USD.
For example! Despite the awesome average rainfall that the NE gets, many communities have poor quality tap water. So, bottled water is an essential commodity.
My favorite reasonably priced water comes from upstate NY. One gallon of "Crystal Geyser", in 2019, was between 89 and 99 cents. Now almost $2, or about a 90% increase. Of course, part, if not most, of the cost may be the plastic containers, and that could be (in theory) where a supply squeeze is occurring.
I'm not buying it just yet (the theory). I say the cost of EVERYTHING is up, including materials, labor, production, and logistics. |
Schlogzilla.. for 40 years , as we moved more and more of our manufacturing to China, prices collapsed. Now, with tariffs, on- shoring , and massive liquidity from Covid, prices are up. But guess what? American consumers are still spending .. Why? 3.8% unemployment , rising wages, and the fact that most Americans are locked into A sub 3% mortgage. |
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MikeLaRonde
Joined: 11 Jun 2001
Posts: 772
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| Posted: Fri Mar 01, 2024 1:00 am Post subject: |
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Boggsman -
Your point seems to be that we (the people) should not be complaining, because we (still) have it better than other nations. That sounds very much like a Globalist POV to me.
Kindly notice that heeding a warning is not the same as complaining. Whatever, it only goes downhill from here. The USD will inevitably be replaced with centralized digital banking, infringing on our economic freedom in the process.
This just in: banks are already restricting gasoline purchases. Suggest paying cash at gas stations. |
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boggsman1
Joined: 24 Jun 2002
Posts: 9126
Location: at a computer
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| Posted: Fri Mar 01, 2024 10:03 am Post subject: |
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| Not at Schlogman. Obviously you are free to complain all you want. The economic data is surprisingly strong. And, thanks for the Globalist hysteria, its good to know there are many lunatics still walking the streets like yourself. |
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techno900
Joined: 28 Mar 2001
Posts: 4172
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