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Inflation ?? |
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FREEDGUY
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Joined: 15 Apr 2017 Location: South West Mich Points: 5396 |
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Topic: Inflation ??Posted: 16 Jul 2021 at 6:03pm |
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There's been a "few" replies recently pertaining to inflation being the driving factor in the recent $$ increase in products . What constitutes "inflation" ?? A year and a half ago lumber skyrocketed, yet no one screamed "inflation"
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steve(ill)
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Joined: 11 Sep 2009 Location: illinois Points: 88482 |
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Posted: 16 Jul 2021 at 7:02pm |
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lumber was going up in price due to factories being closed to CUT the wood... The INFLATION started in March 2021.. Thats when wood SKY ROCKET.
Inflation is when the GOVT gives out TOO MUCH FREE CHEESE.. Everyone goes crazy and starts buying everything in sight... and we were just getting people back to work after the WUHAN and the availability of goods was not there.
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steve(ill)
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Posted: 16 Jul 2021 at 7:07pm |
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Like them all, but love the "B"s.
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FREEDGUY
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Posted: 16 Jul 2021 at 7:11pm |
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Thanks for the info and charts . In your honest opinion, are we truly seeing "inflation", or is something else going on ?
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FREEDGUY
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Posted: 16 Jul 2021 at 7:21pm |
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Sadly, it's the cost of building new homes that CAN NOT sustain the new home market for much longer IMO
. There's no way the current job market can sustain mortgage payments on these WAY over priced 2,000 sq.ft. homes
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steve(ill)
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Posted: 16 Jul 2021 at 10:08pm |
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Price of plywood 15 months ago was $20. End of year it was $50. In May 2021 it was $75. Today it is down to $48. I dont see it going down to $20. again, but $30 might be a possibility in 6 months. Many will not pay the $50. price.
GOVT says this is NOT a short term thing... They were saying a "few months"... now they are saying well over a year.. Price of trucks, new and used.. price of gasoline.. price of steak... its all UP and will stay "high" even if it drops in price somewhat.
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steve(ill)
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Posted: 16 Jul 2021 at 10:10pm |
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If the GOVT passes another FREE CHEESE Stimulus package, it sure wont help to curb the demand.
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DMiller
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Joined: 14 Sep 2009 Location: Hermann, Mo Points: 34325 |
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Posted: 17 Jul 2021 at 4:43am |
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The Dollar devalued in foreign markets, that is a fact and the Fed being THE Only lender buying US Treasury Notes currently where NO foreign entity os drives that further to the curb. Which BTW the Fed announced they will decrease or Cease buying US Treasury notes as cannot maintain those purchases.
Every Treasury sold has a anniversary Date where MUST be paid back, the trick was to be able to sell More Treasuries just prior so could pay off the previous where those days are now dissolving with no purchasers awaiting in the wings to purchase these. It is known as time to Pay the Piper and likely the beginning of a mass discount sell off where our money becomes worthless, leads to Hyper Inflation as seen in Third World nations as Angola and Venezuela. |
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FREEDGUY
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Posted: 17 Jul 2021 at 5:43pm |
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I'm sorry, but I recall TV adds in the mid '90's showing the CHINEESE "calling" in there loan for what was owed to them ![]() . Do any of you recall that ad ?
SOME ONE holds the $$ for the former "house sitter's" monetary debacle ![]() Edited by FREEDGUY - 17 Jul 2021 at 5:46pm |
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DMiller
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Posted: 17 Jul 2021 at 5:52pm |
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What monetary Debacle are you speaking of? Chinese buying US Debt dates back to the late 90s, also is established By The HOUSE Not the President and Debt Blocks sold thru the Federal Reserve as Bonds. Those are on a Dated Maturity. So what else you got, dates, times, contracts?????
As I stated, the Bonds come due the DEMONRATS establish a Debt Bond Sale and try to repay with the sales money. THAT may not happen this next go round, and NO the Chinese do NOT own anything but 'Paper' in the long term and should that be called up and we cannot pay, then our currency devalues to dirt.
Edited by DMiller - 17 Jul 2021 at 5:55pm |
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DiyDave
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Joined: 11 Sep 2009 Location: Gambrills, MD Points: 54397 |
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Posted: 17 Jul 2021 at 5:53pm |
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Yawn...
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FREEDGUY
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Posted: 17 Jul 2021 at 5:58pm |
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Move on to the area you best shine
![]() !! Apparently you know EXACTLY the add I was referring to and KNOW that I'm correct ![]() !! |
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DMiller
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Posted: 17 Jul 2021 at 5:59pm |
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So nothing but the Libtard narrative AGAIN and no documents to note.
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FREEDGUY
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Posted: 17 Jul 2021 at 6:05pm |
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Why do you 20,000 + posters and Mo guys not have a clue and stick together ??
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DMiller
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Posted: 17 Jul 2021 at 7:25pm |
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So no more than speculation attack the questioner.
If do not like the answer don’t ask the question. The House sets the budget the pres signs it then the Fed Res sells the bonds. Simpler than can handle?? |
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FREEDGUY
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Posted: 17 Jul 2021 at 7:36pm |
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I've been told by WAY more "etiquette advanced" old timers than YOU that there are NO questions that are due to "attack"
. It's been a LONG time since I've heard the term "bonds" . Are they worth anything in this day-and-age ??
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Lars(wi)
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Posted: 17 Jul 2021 at 7:58pm |
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Rather than dwelling on the outdated(and unconstitutional) Federal Reserve, read up and study QFS,(Quantum Financial System) and NESARA. These are headed are way, and not a moment too soon.
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I tried to follow the science, but it was not there. I then followed the money, and that’s where I found the science.
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DiyDave
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Posted: 18 Jul 2021 at 5:03am |
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Kind feels like trying to explain Ohm's law to an oyster, Don't it?
![]() Edited by DiyDave - 18 Jul 2021 at 6:07am |
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DMiller
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Posted: 18 Jul 2021 at 5:47am |
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More like the Mud around the Oyster!!
Bonds as bought in a bank is NOT what this refers to, these are "Treasury Note Bonds" or US Debt values. Inability to derive a competent Google Search is generally why certain types cannot get the answers they look for.
Edited by DMiller - 18 Jul 2021 at 6:02am |
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DMiller
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Posted: 18 Jul 2021 at 5:55am |
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NESARA had decent theory where Keynes Theory was a loser from the start.
Borrowing one's way to financial security did not and still does not work, as in selling debt to foreign lands to pay in house debts, move pawn from one square to another and expect it to grow into something else. Is a Pyramid Scheme that is inherent to fail, borrow from A to repay debt to B to borrow from C to repay A, at some point as currently, run out of borrow participant sources. Issue with NESARA is basing value in a Bimetal Currency value that ebbs and flows where can dry up as did in '29, too limiting but basing upon asset values growth can also be risky. QFS just sounds too close to One World Order with everything inside Quantum Computing system networks and is all too accessible to hacking these days.
Edited by DMiller - 18 Jul 2021 at 6:04am |
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NEVER green
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Posted: 18 Jul 2021 at 11:23am |
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My God, you NEVER offer any proof of any thing on here, just ramble on fact less then start bitching at who ever you disagree with. Your mindless rants against youtube would end if you ever offered any links or sources.
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2-8050 1-7080 6080 D-19 modelE & A 7040 R50
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john(MI)
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Posted: 18 Jul 2021 at 11:42am |
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I think it's about time this post gets moved to the Politics forum or folks just learn to follow a few rules kindly set forth that they obviously need explained to them!
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D14, D17, 5020, 612H, CASE 446
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Lars(wi)
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Posted: 18 Jul 2021 at 12:16pm |
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I agree John(MI), this topic is delving to politics.
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I tried to follow the science, but it was not there. I then followed the money, and that’s where I found the science.
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steve(ill)
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Posted: 18 Jul 2021 at 1:16pm |
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I dont see anything Political. Inflation is a REAL THING.. I do see FreeGas doing his normal argument against Everything and complaining that many people have more POSTS that he does..... but im not sure what that has anything to do with, except his insecurities.
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WF owner
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Posted: 18 Jul 2021 at 4:08pm |
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Go back and read some of the posts. If this isn't political, nothing is !
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jaybmiller
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Posted: 18 Jul 2021 at 4:32pm |
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I think 'inflation' is (should be ?) when an item cost more as a percentage of your take home pay. say you used to bring home $100, and bread was $2... now you bring home $150 and bread is $3... same effective cost but if bread is $4, then it's $1 more or, 33.33333% higher what I do know is the 'bean counters' ,guv and media FUDGE the numbers to whatever works for THEIR agenda....
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Red Bank
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Posted: 18 Jul 2021 at 5:59pm |
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DiyDave
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Posted: 18 Jul 2021 at 6:04pm |
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I agree, that's why we love our gassy!
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ZachD89
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Posted: 18 Jul 2021 at 7:03pm |
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I agree 100%. There are few idiots here for sure but one name always comes to mind…. Asking stupid questions and always starting crap with people. GET A LIFE. I don’t think I need to say his name
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Tbone95
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Posted: 19 Jul 2021 at 9:36am |
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Beetlejuice?
Voldemort?
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