Argentina to Hike Interest Rates to 75% as Inflation Nears 100% | |
Anonymous Coward User ID: 24828515 United States 09/16/2022 09:40 AM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty |
Happy in Nature
User ID: 81071993 Nicaragua 09/16/2022 09:50 AM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 It was the IMF, World Bank and CIA that fucked over the country. |
Dr. Feelgood
User ID: 78025673 United States 09/16/2022 09:55 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. Check out this thread for important statistics which have showed (since early summer 2021) that Covid “Vaccine” is more likely to KILL YOU than save you: Thread: COVID JAB statistically more likely to KILL YOU per official CDC DATA. You’re 3.87x more likely to die from the Pfizer vax than save your life!! |
Anonymous Coward User ID: 84130631 United States 09/16/2022 10:03 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. Look up "Hedonics", It is trickery and a way for them to cheat the numbers. The Inflation rate like all economic data has become political and anything political becomes BS! |
Anonymous Coward User ID: 55994706 Brazil 09/16/2022 10:07 AM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 Don't throw stones while in a glass house. America will be down just as much before you know it. |
Anonymous Coward User ID: 79058541 United States 09/16/2022 10:09 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. Look up "Hedonics", It is trickery and a way for them to cheat the numbers. The Inflation rate like all economic data has become political and anything political becomes BS! |
Anonymous Coward User ID: 81662978 United States 09/16/2022 10:13 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. Argentina is publishing it's real inflation rate. The U.S. lies. the U.S. is about the same as Argentina. Lumber came back down to about only 50% higher than before KoVid. , hardware is still 300% higher. Steel 200% higher. Food 80% higher. yah. it's fkd. all lies. call in the klowns |
Anonymous Coward User ID: 83897727 Netherlands 09/16/2022 10:14 AM Report Abusive Post Report Copyright Violation | |
Reality User ID: 69161160 Canada 09/16/2022 10:17 AM Report Abusive Post Report Copyright Violation | [link to finance.yahoo.com (secure)] Quoting: javierruizleon "The move comes a day after data showed consumer prices jumped nearly 79% a year in August, the fastest pace in 30 years. It was the bank’s ninth rate hike this year." Interest is the growth rate of money. The inflation rate of money. Let’s say the money supply is 1 Dollar and if the interest or inflation rate is 5% per year then after a year the money supply will inflate to 1.05% Ok so now let’s say inflation is a problem. What do you do to stop the inflation? The current way you all think is the right way is by raising the inflation rate of the money supply. Let’s say by doubling interest rates to 10% Now after a year the 1.05 inflates to 1.115. How does increasing the inflation rate of the money supply stop inflation? They do not think you all dumb. No no no no no not at all. The know you all are dumb. |
Hahahelboy
User ID: 84203075 South Africa 09/16/2022 10:24 AM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 Don't throw stones while in a glass house. America will be down just as much before you know it. I wonder how many Americans would lose their homes to Blackrock when their interest rates get hiked to 75% You will own nothing. Don't think it's not coming. "I have no special talent, I am only passionately curious." -Albert Einstein |
Happy in Nature
User ID: 81071993 Nicaragua 09/16/2022 10:26 AM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 Don't throw stones while in a glass house. America will be down just as much before you know it. I wonder how many Americans would lose their homes to Blackrock when their interest rates get hiked to 75% You will own nothing. Don't think it's not coming. For all those who think they cannot possibly repossess millions of homes, Blackroach and Vanguard will take legal possession and turn off the utilities so no one can squat in their homes. |
Anonymous Coward User ID: 84119115 United States 09/16/2022 10:29 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane! |
Anonymous Coward User ID: 83892304 09/16/2022 10:59 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. This is the problem. I know that the Chapwood Index keeps track of cost of living inflation in the US pretty accurately as does Shadow Stats. But the Austrian School of Economics keeps it simple. They define inflation as the increase in the monetary base. So that means .gov deficit spending. Which, over the past 80 years or so has been at least 8.5% annually. |
Anonymous Coward User ID: 83983014 United States 09/16/2022 11:17 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane! They are 2.99 at Target. You people are being dramatic. Prices have gone up a bit but not like you are making it out to be. I go shopping all the time and I would say prices are up about 10 to 15 percent. That's what happens when you start paying everyone that's complaining more money when thaters a labor shortage it all evens out. And the 15 dollar an hour McDonald's worker is actually probably better off now. |
Happy in Nature
User ID: 81071993 Nicaragua 09/16/2022 11:39 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane! They are 2.99 at Target. You people are being dramatic. Prices have gone up a bit but not like you are making it out to be. I go shopping all the time and I would say prices are up about 10 to 15 percent. That's what happens when you start paying everyone that's complaining more money when thaters a labor shortage it all evens out. And the 15 dollar an hour McDonald's worker is actually probably better off now. The poster has a Canadian flag. It is probably $5 Canadian. |
Anonymous Coward User ID: 80257640 United States 09/16/2022 11:46 AM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane! They are 2.99 at Target. You people are being dramatic. Prices have gone up a bit but not like you are making it out to be. I go shopping all the time and I would say prices are up about 10 to 15 percent. That's what happens when you start paying everyone that's complaining more money when thaters a labor shortage it all evens out. And the 15 dollar an hour McDonald's worker is actually probably better off now. A quick google search and they are 3.28 at Walmart, 3.99 at Publix and 4.79 at Walgreens. So it matters WHERE you shop. Locally in the mom and pop grocery they are over 4.00. So there is a great disparity in price points. It does not surprise me that the price is over $5 in some places. |
LasVegasBrad
User ID: 79661142 United States 09/16/2022 11:59 AM Report Abusive Post Report Copyright Violation | Our Las Vegas Dollar Tree stores raised everything to $1.25. I call that a base inflation rate of 25%. You cannot get more basic supplies than Dollar Tree. I am continually amazed at the traffic our local store has. Young adults (Who eat anything) will come out with a bag full of food for $6, 5 items. Much better deal than any fast food place. The Mom's love bringing their kids in. The kid can grab anything it wants, and Mom can relax knowing the total bill will be under $10. Try that in a toy store! |
Anonymous Coward User ID: 84204357 United States 09/16/2022 12:04 PM Report Abusive Post Report Copyright Violation | |
TIO JUAN
User ID: 84165559 Mexico 09/16/2022 12:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83665972 United States 09/16/2022 12:32 PM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 Don't throw stones while in a glass house. America will be down just as much before you know it. I wonder how many Americans would lose their homes to Blackrock when their interest rates get hiked to 75% You will own nothing. Don't think it's not coming. Klaus was right after all. You will own nothing and be happy. |
Dr. Feelgood
User ID: 83977570 United States 09/16/2022 12:35 PM Report Abusive Post Report Copyright Violation | Our Las Vegas Dollar Tree stores raised everything to $1.25. I call that a base inflation rate of 25%. You cannot get more basic supplies than Dollar Tree. I am continually amazed at the traffic our local store has. Quoting: LasVegasBrad Young adults (Who eat anything) will come out with a bag full of food for $6, 5 items. Much better deal than any fast food place. The Mom's love bringing their kids in. The kid can grab anything it wants, and Mom can relax knowing the total bill will be under $10. Try that in a toy store! You get what you pay for. Most of that shit it would be a collosal stretch to call it "food" it is chemicals and preservatives and corn starch wrapped in plastic from china. When you are broke you have to make tough choices, but I certainly wouldn't glorify dollar store food but any stretch of the imagination. Check out this thread for important statistics which have showed (since early summer 2021) that Covid “Vaccine” is more likely to KILL YOU than save you: Thread: COVID JAB statistically more likely to KILL YOU per official CDC DATA. You’re 3.87x more likely to die from the Pfizer vax than save your life!! |
Anonymous Coward User ID: 84147920 United States 09/16/2022 01:15 PM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane! They are 2.99 at Target. You people are being dramatic. Prices have gone up a bit but not like you are making it out to be. I go shopping all the time and I would say prices are up about 10 to 15 percent. That's what happens when you start paying everyone that's complaining more money when thaters a labor shortage it all evens out. And the 15 dollar an hour McDonald's worker is actually probably better off now. Maybe so...but there is less CHOICE in BRAND and COST. I never bought Nabisco crackers. They break just like the cheap ones and cost 2x as much...but NOW it's like even the CHEAP ones cost what the brand name used to cost and brand name goes up every week 5 or 10 percent. Thing is, we will NEVER RETURN back to pre spring levels on ANYTHING ever again. Not gas or utilities or rent...not even a fkn box of cheap ass crackers. THAT'S the reality. And people aren't buying as much. The ones you see now are spending their savings on food and supplies but they'll be broke before its over. The food stampers and billionaires will make out swimmingly, one feeding off of the other. |
Anonymous Coward User ID: 80669956 United States 09/16/2022 01:18 PM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 Don't throw stones while in a glass house. America will be down just as much before you know it. the difference being we'll pull out of it and recover - |
Anonymous Coward User ID: 83933669 Mexico 09/16/2022 01:19 PM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 It was the IMF, World Bank and CIA that fucked over the country. Yep. If they were left alone the Argentinians would have a very prosperous country, but the Satanists have made sure that Argentina lurches from one financial crisis to the next. They never take their boot off the country's throat. |
Anonymous Coward User ID: 83933669 Mexico 09/16/2022 01:21 PM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive. The inflation numbers are absolute bullshit. They just flat-out lie to the public. They pull numbers out of their ass and pretend they're real. That's it. |
MAGA Republican BrainGuy
White heteropatriarchal Christian nationalist User ID: 84193039 United States 09/16/2022 01:21 PM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 Poverty is the only thing Socialism supplies in abundance. --------------- Don't care. Still voting Trump! ---------- |
Anonymous Coward User ID: 84204720 India 09/16/2022 01:40 PM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 Don't throw stones while in a glass house. America will be down just as much before you know it. Brazil, the most murderous country in the entire world. You just can't wait for people to come to down to your level huh. There is a word far that and it's called envy, the ugliest of all human qualities. |
Cebeij
User ID: 40501117 United States 09/16/2022 02:20 PM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 You think they chose that? Just like we chose Xiden? Yeesh |
QCluminati
User ID: 67207917 Canada 09/16/2022 02:22 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82179384 United States 09/16/2022 03:20 PM Report Abusive Post Report Copyright Violation | What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty Quoting: Anonymous Coward 24828515 It was the IMF, World Bank and CIA that fucked over the country. BINGO Thats was Putin is putting a end to this crap |