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Real INFLATION is here!!

 
Anonymous Coward
User ID: 72497887
United States
07/05/2020 09:23 AM
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Re: Real INFLATION is here!!
I wanted to add to my post above that Wisconsin has sold 100,000 More Fishing Licenses so far in 2020 than they did at this point in 2019. A simple indicator of how many more folks are getting outside and enjoying the water.




MAGA
Anonymous Coward
User ID: 77812377
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07/05/2020 09:24 AM
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Re: Real INFLATION is here!!
It used to be the smart path was becoming an RN by a 2 year associate's degree as the wages were high enough and the degree short time wise, so a very smart way to make decet wages. Inflation has hit them hard. To cope means a lot of overtime and most likely would cause divorces in any young ladies in that field.
 Quoting: Anonymous Coward 70727027


Young women shouldn't be wasting their time on careers. They should wait til their babies are in school, at least. Starting young is a recipe for ruining your life and being resentful. You'll start, then get preggo, stop working, come back missing loads of knowledge and experience, be resentful that you're going backwards instead of quickly forward. If you wait too long, you won't be able to find a man worth anything that's interested in your old eggs...if I've seen it once I've seen it a hundred times.
Anonymous Coward
User ID: 77595506
United States
07/05/2020 09:25 AM
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Re: Real INFLATION is here!!
Trump tariffs
Anonymous Coward
User ID: 77260807
Brazil
07/05/2020 09:28 AM
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Re: Real INFLATION is here!!
The basic function of a business is to stay in business, and that requires making a profit. When the government shuts you down and you run through emergency cash, then what? You must raise prices or go under...
 Quoting: BRIEF



And watch what happens when people stop buying at the higher prices...

Product Quality and customer service will go to shit as producers do what they can to move product.

Inflation robs the currency of value and then it robs the products of quality and customer service.
Anonymous Coward
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Brazil
07/05/2020 09:28 AM
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Re: Real INFLATION is here!!
The basic function of a business is to stay in business, and that requires making a profit. When the government shuts you down and you run through emergency cash, then what? You must raise prices or go under...
 Quoting: BRIEF



And watch what happens when people stop buying at the higher prices...

Product Quality and customer service will go to shit as producers do what they can to move product.

Inflation robs the currency of value and then it robs the products of quality and customer service.
Anonymous Coward
User ID: 77260807
Brazil
07/05/2020 09:29 AM
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Re: Real INFLATION is here!!
Trump tariffs
 Quoting: Anonymous Coward 77595506


If you don’t want to pay Tariffs, stop buying ch!nk shit
Anonymous Coward
User ID: 76288549
United States
07/05/2020 09:32 AM
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Re: Real INFLATION is here!!
Many people predicted this months ago, that's what happens when you shutdown an economy, print trillions and give it to billionaires. V shaped recovery my ass.
 Quoting: Anonymous Coward 73506449


When you shut down an economy, it's meant to be a TEMPORARY shutdown, not one that goes on and on for month after month after month. Should've been up and running again in 2 months! BUT all those intelligent (not) college kids had to go out and protest, so NOW we have a long-term economic shutdown. ENJOY, idiots!
Anonymous Coward
User ID: 78257315
United States
07/05/2020 09:32 AM
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Re: Real INFLATION is here!!
It’s suppressed supply, creating excess demand.
Anonymous Coward
User ID: 71422995
United States
07/05/2020 09:35 AM
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Re: Real INFLATION is here!!
It used to be the smart path was becoming an RN by a 2 year associate's degree as the wages were high enough and the degree short time wise, so a very smart way to make decet wages. Inflation has hit them hard. To cope means a lot of overtime and most likely would cause divorces in any young ladies in that field.
 Quoting: Anonymous Coward 70727027


Young women shouldn't be wasting their time on careers. They should wait til their babies are in school, at least. Starting young is a recipe for ruining your life and being resentful. You'll start, then get preggo, stop working, come back missing loads of knowledge and experience, be resentful that you're going backwards instead of quickly forward. If you wait too long, you won't be able to find a man worth anything that's interested in your old eggs...if I've seen it once I've seen it a hundred times.
 Quoting: Anonymous Coward 77812377


There are zero Bible verses allowing Christian ladies to work for a boss. They can run a household or a home based business.

An excellent one used to be organizing outings for elderly folks.

Many young people could get a 2 year associates degree in nursing and do just fine, like a combat vet who transtions into emergency nursing. There is endless overtime as so many women get pregnant or quit due to the stress.
Anonymous Coward
User ID: 71422995
United States
07/05/2020 09:37 AM
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Re: Real INFLATION is here!!
What we should do is cut all international trade and only do domestic trade and pay fair wages. That would be Biblical.

Paying slave wages perpetuates communism.
Anonymous Coward
User ID: 44883436
United States
07/05/2020 09:38 AM
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Re: Real INFLATION is here!!
Look at the price of ammo. About a month ago I bought 1K rounds of Hornady .223 for $380. Now the same ammo would cost at least $550...probably more.
Anonymous Coward
User ID: 77979310
United States
07/05/2020 09:39 AM
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Re: Real INFLATION is here!!
lol. ZeRO inflation. We are in another booming economy even after the 2 large events. Trump is brilliant! Woke up more people!
Anonymous Coward
User ID: 77260807
Brazil
07/05/2020 09:40 AM
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Re: Real INFLATION is here!!
What we should do is cut all international trade and only do domestic trade and pay fair wages. That would be Biblical.

Paying slave wages perpetuates communism.
 Quoting: Anonymous Coward 71422995


If you don’t like slave wages, become more productive, LOSER!
Anonymous Coward
User ID: 77260807
Brazil
07/05/2020 09:40 AM
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Re: Real INFLATION is here!!
What we should do is cut all international trade and only do domestic trade and pay fair wages. That would be Biblical.

Paying slave wages perpetuates communism.
 Quoting: Anonymous Coward 71422995


If you don’t like slave wages, become more productive, LOSER!
Pickett

User ID: 77726038
United States
07/05/2020 09:43 AM
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Re: Real INFLATION is here!!
Look at the price of ammo. About a month ago I bought 1K rounds of Hornady .223 for $380. Now the same ammo would cost at least $550...probably more.
 Quoting: Anonymous Coward 44883436


lol it is due to demand

Americans set a new record of 3.9 million background checks to purchase or possess firearms in June. That eclipsed the previous record set in March of 3.7 million background checks.
Kelee877
User ID: 77147876
Canada
07/05/2020 09:43 AM
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Re: Real INFLATION is here!!
Freezer 5.5 cubic foot at Walmart was 199.00 now price is 259.00

Crazy I was going to buy a second freezer not now
Anonymous Coward
User ID: 79094221
United States
07/05/2020 09:45 AM
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Re: Real INFLATION is here!!
If you're not in good, disinflationary cryptocurrencies like Dash and Bitcoin by now, you're basically too late. The "bbrrrrrr" machine is about to start whizzing at warp speed. Soon you'll be seeing inflation not of 30% or 150%, but 150,000% in a week! If you have cryptos your wealth will be immune from that effect. If not, see ya next time!
TheProphecy

User ID: 78531648
United States
07/05/2020 09:46 AM
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Re: Real INFLATION is here!!
If you're not in good, disinflationary cryptocurrencies like Dash and Bitcoin by now, you're basically too late. The "bbrrrrrr" machine is about to start whizzing at warp speed. Soon you'll be seeing inflation not of 30% or 150%, but 150,000% in a week! If you have cryptos your wealth will be immune from that effect. If not, see ya next time!
 Quoting: Anonymous Coward 79094221


hf
wisconsin

User ID: 79098772
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07/05/2020 09:48 AM

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Re: Real INFLATION is here!!
The basic function of a business is to stay in business, and that requires making a profit. When the government shuts you down and you run through emergency cash, then what? You must raise prices or go under...
 Quoting: BRIEF


Look at the cable companies... everyone is dropping them, so instead of lowering prices, they jack them up!!!
 Quoting: Oxi moran

.
... ah ... that's how business works when you have fewer customers you know that right? ...
.
... the COST now has to be carried by few people ...
.
.

Our family celebrates The Lord's Feasts:
[link to www.grafted-promise.net]

Fools and the dead don't change their minds. Fools won't and the dead can't.

When you tear out a man's tongue, you are not proving him a liar. You are only telling the world that you fear what he might say. Quoting: CountryWise

Amos 5:13 - Therefore at such a time the prudent person keeps silent, for it is an evil time.
wisconsin

User ID: 79098772
United States
07/05/2020 09:49 AM

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Re: Real INFLATION is here!!
Minimum wage in 1976 was $2.30/hour which is $4,784 a year which is equivalent due to inflation to $21,369 today.
 Quoting: Anonymous Coward 70727027


And try living on that.. in a city...
 Quoting: Oxi moran

.
... maybe move out of the city? ...
.
.

Our family celebrates The Lord's Feasts:
[link to www.grafted-promise.net]

Fools and the dead don't change their minds. Fools won't and the dead can't.

When you tear out a man's tongue, you are not proving him a liar. You are only telling the world that you fear what he might say. Quoting: CountryWise

Amos 5:13 - Therefore at such a time the prudent person keeps silent, for it is an evil time.
Anonymous Coward
User ID: 76984449
United States
07/05/2020 09:50 AM
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Re: Real INFLATION is here!!
Minimum wage in 1976 was $2.30/hour which is $4,784 a year which is equivalent due to inflation to $21,369 today.
 Quoting: Anonymous Coward 70727027


And try living on that.. in a city...
 Quoting: Oxi moran


Many of us choose not to live in cities because they are so expensive. I lived in a city but had tons of roommates. If you want to live where it is expensive you have to get creative. More jobs or more roommates. Or both.
( o ) Gringo-Cracker ( o )

User ID: 54504656
United States
07/05/2020 09:51 AM

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Re: Real INFLATION is here!!
What products are you noticing big price increases on in the last few months/weeks? I bought a washer 2 months ago and now the base price on the same washer is $150 higher!!!! That is a 30% inflation rate in 2 months!!!
 Quoting: Oxi moran


Looking at new and used boats and pickups. Forget it, I'm not spending 50k or more for a damn boat, pickups are 45k or more.
"Life is tough, it's tougher if you are stupid." - John Wayne

Settle down Francis!
Anonymous Coward
User ID: 72707019
United States
07/05/2020 09:52 AM
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Re: Real INFLATION is here!!
Brief will feed all our wet mouths. He is an expert at the stocks. He tells anyone he can to get into them and max out the 401k. Shit, does he give handys too?
 Quoting: Anonymous Coward 77156583


The best thing to do with a tax deferred account is to ignore it for 40 years or more...
 Quoting: BRIEF


Are you fucking insane? Do you not recognize what is going on around you? Are you from the past or the future? From the present makes no sense.
 Quoting: Anonymous Coward 77156583


The big picture, the time value of money is what you are missing out on...jumping in and out of the market has proven to yield less than systematic purchases of stocks over time...
 Quoting: BRIEF


I wouldn't waste time trying to explain this to these folks, they don't get it usually, but thanks for trying.
Anonymous Coward
User ID: 76984449
United States
07/05/2020 09:55 AM
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Re: Real INFLATION is here!!
Minimum wage in 1976 was $2.30/hour which is $4,784 a year which is equivalent due to inflation to $21,369 today.
 Quoting: Anonymous Coward 70727027


And try living on that.. in a city...
 Quoting: Oxi moran


Minimum wage is for entry level and menial jobs.

That little taste of poverty is what is supposed to inspire someone to better themselves.

But today most just sit back and cry how they can't afford an Escalade while working the drive thru window at Steak n Shake.

People are just pathetic.
 Quoting: Anonymous Coward 79105237


You clearly haven't thought about the importation of low IQ's and it's effects on America.

This isn't the 1960's zoomer.

We have a lot of people with 80 IQ's that cannot do much more than entry level jobs.
 Quoting: Anonymous Coward 75403492


And those factory jobs were sent overseas.
Anonymous Coward
User ID: 78834753
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07/05/2020 09:55 AM
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Re: Real INFLATION is here!!
Minimum wage in 1976 was $2.30/hour which is $4,784 a year which is equivalent due to inflation to $21,369 today.
 Quoting: Anonymous Coward 70727027


I entered the workforce in 76 and had to live on 2.30$ hour as a cook. We worked our asses off for that.

44 yrs later and 4 science degrees and I still earn minimum wage. Its about luck and who you know.
 Quoting: Anonymous Coward 58925378


No lol... it’s about getting your ass up and try harder. You sounds like a typical entitled brat! I have no degree but business is booming! Succesful in life... no heritage money/no hands down. You are making excuses
Anonymous Coward
User ID: 76984449
United States
07/05/2020 09:57 AM
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Re: Real INFLATION is here!!
Beef, guns, ammo, toilet, paper, paper towels, rubbing alcohol.

And the thing is prices are not going up for the most part. Portion sizes are going down.

Now I have to buy the big package of toilet paper that cost me 16.99. The same size, and brand I wanted, used to cost me 12 tops. But that and beef are the two major price jumps.

I have to buy ammo and rubbing alcohol in smaller sizes but with slightly bigger prices. no more bulk or large size bottles.

I'd say 2 more stimulus checks, 6-9 more months of BLM, and one election is all its going to take for us to start looking like the Weimar Republic.
 Quoting: Anonymous Coward 78273416


Yeah the dollar tree toilet paper shrank in size about a year ago. Dollar tree should really be $3 dollar tree or more now.
Anonymous Coward
User ID: 36238288
United States
07/05/2020 09:59 AM
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Re: Real INFLATION is here!!
This is what happens when you print money like a maniac.
Anonymous Coward
User ID: 76984449
United States
07/05/2020 09:59 AM
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Re: Real INFLATION is here!!
In 1990 with so much industry even in rural areas, $45 K was a normal blue collar wage and with good benefits too.

I don't see how average people live now. Those jobs don't exist, only bad service jobs.

The middle class was destroyed, real estate and car prices are outrageous, and food is generally expensive, though pork is still a bargain.

Most likely, your children and grandchildren will live with you as was the norm before 1945. The Democrats and RINOs ruined the economy which gave rise to suburban life from 1946-1990. The death knell was in 2000 and worsened severely by 2008.
 Quoting: Anonymous Coward 70727027


Oh yeah. Families are moving back in with one another. Maybe not a bad thing with no more latch key kids because someone is always home. A friend of mine just put an addition on his home for his daughter and grandkids. Everyone is actually happy.
Anonymous Coward
User ID: 70898519
United States
07/05/2020 10:01 AM
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Re: Real INFLATION is here!!
What we should do is cut all international trade and only do domestic trade and pay fair wages. That would be Biblical.

Paying slave wages perpetuates communism.
 Quoting: Anonymous Coward 71422995


If you don’t like slave wages, become more productive, LOSER!
 Quoting: Anonymous Coward 77260807


Eat a dick you fairy.
Anonymous Coward
User ID: 76984449
United States
07/05/2020 10:01 AM
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Re: Real INFLATION is here!!
$45,000 base pay today is equivalent to $22,500 in 1990 which was a lousy wage then.

So basically if you and your wife make $90,000 then you are making what a single guy working as an industrial mechanic or electrician made as a craftsman in 1990...and working in a very low expense region.

They hakved wages and that is not even discussing health insurance which was ruined along with most benefits.

Sure some in urban areas make MORE, but what is median price home cost? It's ridiculous, so you make even less in purchasing power than someone in a rural area.
 Quoting: Anonymous Coward 70727027


One big drawback from the rural areas are that you dont have many options when it comes to stores. Keep this in mind: city/suburban areas are generally way cheaper on prices for just about everything because there are so many stores competing. In rural areas you may have 1 maybe 2 stores and they can charge what they want.

Btw, i much prefer rural areas...
 Quoting: Oxi moran


I’m rural. I can head into the nearest city once in a while if I need something we don’t have here. Or I can order it off the internet. I’m finding I really don’t need much. And am intermittent fasting now so food budget has gone down.





GLP