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Post by luapnor on May 17, 2024 16:06:13 GMT -5
When you defend how the inflation numbers are computed....
Tell the person trying to buy a home that home prices are not included in inflation. Rent is locked in and lagging, yet that is somehow a suitable replacement.
Inflation is worse than it was in the late 70's. If you think it isnt, you really didnt pay attention.
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Post by Deleted on May 17, 2024 17:43:48 GMT -5
We are in trouble Our country is in trouble The true facts and numbers are being modified by this administration to make it look like things are better than they really are. I don’t believe that there has ever been a more corrupt and dishonest administration. Ever! Why do you think the GOP could not impeach him? They don’t have the numbers in congress.. Let’s see what happens when Trump take office next January. |
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Post by misterjr on May 17, 2024 17:48:21 GMT -5
Why do you think the GOP could not impeach him? They don’t have the numbers in congress.. Let’s see what happens when Trump take office next January. They didn't have the evidence of alleged wrong doing. Sponsor: Rep. Greene, Marjorie Taylor [R-GA-14] (Introduced 01/21/2021) hahahahah |
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Post by cadman on May 17, 2024 19:40:05 GMT -5
Whoops! That's down to 0.135 by my count. You are far too kind. |
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Post by meateater on May 20, 2024 12:24:20 GMT -5
We are in trouble Our country is in trouble The true facts and numbers are being modified by this administration to make it look like things are better than they really are. I don’t believe that there has ever been a more corrupt and dishonest administration. Ever! its a coin flip right now on who,s the worst. biden / harris or bush / cheney |
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Post by johngalt on May 20, 2024 12:59:44 GMT -5
We are in trouble Our country is in trouble The true facts and numbers are being modified by this administration to make it look like things are better than they really are. I don’t believe that there has ever been a more corrupt and dishonest administration. Ever! It is the same formulas used when Trump was President, Nothing has changed under Biden. The shit Luapnor is talking about was changes made back in 1997 to 1999. Using Luapnor's number's Trump had 8% to 10% inflation while he was President. But Laupnor's number are bullshit just as Walter J. Williams, the guy who created them, is. He has been spouting crazy shit for decades. He thinks hyperinflation is coming soon. Did you just pull all of that out of your butt? Walter Williams has been dead for quite a few years. And he was a well known and respected economist and teacher. But since you disagree with a free market and the fact that big, corrupt government has ruined everything it has touched, keep on posting. 😉 |
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Post by nuevowavo on May 20, 2024 13:58:43 GMT -5
When you defend how the inflation numbers are computed.... Tell the person trying to buy a home that home prices are not included in inflation. Rent is locked in and lagging, yet that is somehow a suitable replacement. Inflation is worse than it was in the late 70's. If you think it isnt, you really didnt pay attention.
Rent is locked in?
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Post by tampaspicer on May 20, 2024 14:07:22 GMT -5
When you defend how the inflation numbers are computed.... Tell the person trying to buy a home that home prices are not included in inflation. Rent is locked in and lagging, yet that is somehow a suitable replacement. Inflation is worse than it was in the late 70's. If you think it isnt, you really didnt pay attention.
Rent is locked in?
He's so full of shit. Lives in a mythical mystery land inside of his head. People on amphetamines unfortunately are out of touch with reality and the truth. |
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Post by cadman on May 20, 2024 15:52:48 GMT -5
It is the same formulas used when Trump was President, Nothing has changed under Biden. The shit Luapnor is talking about was changes made back in 1997 to 1999. Using Luapnor's number's Trump had 8% to 10% inflation while he was President. But Laupnor's number are bullshit just as Walter J. Williams, the guy who created them, is. He has been spouting crazy shit for decades. He thinks hyperinflation is coming soon. Did you just pull all of that out of your butt? Walter Williams has been dead for quite a few years. And he was a well known and respected economist and teacher. But since you disagree with a free market and the fact that big, corrupt government has ruined everything it has touched, keep on posting. 😉 You are thinking of Walter E. Williams. He is a very respected economist. I am speaking of Walter J (John) Williams (I even included the middle initial to avoid this kind of confusion) who runs a website called shadowstats. He is very much alive. I have nothing against the free markets and do not hate them. Not even sure why you mention that in regards to my post or how you came to that conclusion. |
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Post by cadman on May 20, 2024 16:31:12 GMT -5
When you defend how the inflation numbers are computed.... Tell the person trying to buy a home that home prices are not included in inflation. Rent is locked in and lagging, yet that is somehow a suitable replacement. Inflation is worse than it was in the late 70's. If you think it isnt, you really didnt pay attention. It is not near what it was in the 70s. As usual you don't have a clue what you are talking about. |
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Post by Captj on May 21, 2024 18:16:05 GMT -5
The late 70's were a catastrophe for the US economically. All due to the gas shortages. Which were promoted by our friends the Saudis. Lest we forget.
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Post by conchydong on May 21, 2024 18:27:28 GMT -5
The late 70's were a catastrophe for the US economically. All due to the gas shortages. Which were promoted by our friends the Saudis. Lest we forget. Because we were dependent on other countries for resources. We now have the technology to get our own oil but we need to re-develop our refineries to best utilize it but the Government makes it difficult to do that. With the EV "revolution" that you guys are so fond of we are going back to depending on other countries to provide the minerals for the batteries. China comes to mind, Do we want a repeat of the '70s ? |
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Post by whitebacon on May 21, 2024 18:39:56 GMT -5
The late 70's were a catastrophe for the US economically. All due to the gas shortages. Which were promoted by our friends the Saudis. Lest we forget. Your point is? I remember typewriters. Shit, I remember Evinrude engines. Sometimes things change. Not all of us live in the past. |
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Post by luapnor on May 21, 2024 19:37:33 GMT -5
The late 70's were a catastrophe for the US economically. All due to the gas shortages. Which were promoted by our friends the Saudis. Lest we forget. LOL... Money Supply, not gas shortages, caused inflation because... that is the fucking definition. Tricky Dick took us off the Gold Standard freeing up the printing presses. |
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Post by Captj on May 22, 2024 6:37:01 GMT -5
When you defend how the inflation numbers are computed.... Tell the person trying to buy a home that home prices are not included in inflation. Rent is locked in and lagging, yet that is somehow a suitable replacement. Inflation is worse than it was in the late 70's. If you think it isnt, you really didnt pay attention. I did pay attention. Interest rates were through the ceiling. Gas was in short supply. My customers couldn't pay their bills, but somehow everything returned to normal over time. Putting my Miami house on the market soon and it will probably sell in one to two days at over 11X what it cost us in '86. Life is good. |
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Post by luapnor on May 22, 2024 6:40:43 GMT -5
When you defend how the inflation numbers are computed.... Tell the person trying to buy a home that home prices are not included in inflation. Rent is locked in and lagging, yet that is somehow a suitable replacement. Inflation is worse than it was in the late 70's. If you think it isnt, you really didnt pay attention. I did pay attention. Interest rates were through the ceiling. Gas was in short supply. My customers couldn't pay their bills, but somehow everything returned to normal over time. Putting my Miami house on the market soon and it will probably sell in one to two days at over 11X what it cost us in '86. Life is good. Normal? We have been living off debt and printed money. You cheer the house price because you, like most typical boomers, are at the end of your game and give few fucks for the next generations that have to live with the financial destruction you created. Congratulations. |
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Post by cadman on May 22, 2024 7:34:42 GMT -5
When you defend how the inflation numbers are computed.... Tell the person trying to buy a home that home prices are not included in inflation. Rent is locked in and lagging, yet that is somehow a suitable replacement. Inflation is worse than it was in the late 70's. If you think it isnt, you really didnt pay attention. I did pay attention. Interest rates were through the ceiling. Gas was in short supply. My customers couldn't pay their bills, but somehow everything returned to normal over time. Putting my Miami house on the market soon and it will probably sell in one to two days at over 11X what it cost us in '86. Life is good. interest rates hit a high of 20% in 1980. I worked at a gas station during the 73-74 embargo. I remember the even / odd tag days. |
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