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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #51

    Ah, I remember my 13.25% mortgage fondly.

    Those were the days....

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    George KG 1 Reply Last reply
    • JollyJ Jolly

      Ah, I remember my 13.25% mortgage fondly.

      Those were the days....

      George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #52

      @jolly said in Inflation:

      I remember my 13.25% mortgage fondly.

      LOL. That was ours as well, in 1980.

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

      1 Reply Last reply
      • 89th8 89th

        So, what stops the snowball? Higher fed rates?

        LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote on last edited by
        #53

        @89th said in Inflation:

        So, what stops the snowball? Higher fed rates?

        No, first step is fixing the supply chain. More goods moving will help tremendously. Then we address spending.

        Though, a rate hike wouldn’t hurt.

        The Brad

        George KG 1 Reply Last reply
        • LuFins DadL LuFins Dad

          @89th said in Inflation:

          So, what stops the snowball? Higher fed rates?

          No, first step is fixing the supply chain. More goods moving will help tremendously. Then we address spending.

          Though, a rate hike wouldn’t hurt.

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #54

          @lufins-dad said in Inflation:

          Then we address spending.

          alt text

          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

          1 Reply Last reply
          • LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote on last edited by
            #55

            A more cynical solution would be to go to war…

            The Brad

            George KG 1 Reply Last reply
            • LuFins DadL LuFins Dad

              A more cynical solution would be to go to war…

              George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #56

              @lufins-dad said in Inflation:

              A more cynical solution would be to go to war…

              Link to video

              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

              1 Reply Last reply
              • 89th8 Online
                89th8 Online
                89th
                wrote on last edited by
                #57

                Best investment strategy for cash during a period of inflation? Certainly if the rates go up then savings accounts (and CDs, bonds, etc) all would be more attractive than the current 0.05% rates out there.

                JollyJ 1 Reply Last reply
                • 89th8 89th

                  Best investment strategy for cash during a period of inflation? Certainly if the rates go up then savings accounts (and CDs, bonds, etc) all would be more attractive than the current 0.05% rates out there.

                  JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #58

                  @89th said in Inflation:

                  Best investment strategy for cash during a period of inflation? Certainly if the rates go up then savings accounts (and CDs, bonds, etc) all would be more attractive than the current 0.05% rates out there.

                  Yeah, but what you get, still won't keep up with inflation.

                  “Cry havoc and let slip the DOGE of war!”

                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #59

                    Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                    taiwan_girlT 1 Reply Last reply
                    • MikM Offline
                      MikM Offline
                      Mik
                      wrote on last edited by
                      #60

                      alt text

                      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                      1 Reply Last reply
                      • George KG George K

                        Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                        taiwan_girlT Offline
                        taiwan_girlT Offline
                        taiwan_girl
                        wrote on last edited by
                        #61

                        @george-k said in Inflation:

                        Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                        I think that the US should get rid of the one dollar bill. I know that they have tried to promote the USD$1 coin, but unless you give more of an incentive, it will not work.

                        taiwan_girlT 1 Reply Last reply
                        • George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #62

                          IMG_1121.JPG

                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                          MikM George KG 2 Replies Last reply
                          • George KG George K

                            IMG_1121.JPG

                            MikM Offline
                            MikM Offline
                            Mik
                            wrote on last edited by
                            #63

                            @George-K perfect.

                            “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                            George KG 1 Reply Last reply
                            • MikM Mik

                              @George-K perfect.

                              George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #64

                              @Mik said in Inflation:

                              @George-K perfect.

                              Psaki actually had the (pardon the expression) balls to blame the surge in gas prices on the Ukrainian situation.

                              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                              jon-nycJ 1 Reply Last reply
                              • JollyJ Offline
                                JollyJ Offline
                                Jolly
                                wrote on last edited by
                                #65

                                That's a great clown pic.

                                “Cry havoc and let slip the DOGE of war!”

                                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                George KG 1 Reply Last reply
                                • JollyJ Jolly

                                  That's a great clown pic.

                                  George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #66

                                  @Jolly said in Inflation:

                                  That's a great clown pic.

                                  I got yer great clown right here:

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  89th8 1 Reply Last reply
                                  • Doctor PhibesD Online
                                    Doctor PhibesD Online
                                    Doctor Phibes
                                    wrote on last edited by
                                    #67

                                    WH Press Secretary has got to be the worst job in the world where you keep your clothes on.

                                    I was only joking

                                    Aqua LetiferA 1 Reply Last reply
                                    • Doctor PhibesD Doctor Phibes

                                      WH Press Secretary has got to be the worst job in the world where you keep your clothes on.

                                      Aqua LetiferA Offline
                                      Aqua LetiferA Offline
                                      Aqua Letifer
                                      wrote on last edited by
                                      #68

                                      @Doctor-Phibes said in Inflation:

                                      WH Press Secretary has got to be the worst job in the world where you keep your clothes on.

                                      You know about the "flak jacket," right?

                                      Please love yourself.

                                      1 Reply Last reply
                                      • George KG Offline
                                        George KG Offline
                                        George K
                                        wrote on last edited by
                                        #69

                                        FNSV6zqWUAMq7dL.jpeg

                                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                        1 Reply Last reply
                                        • taiwan_girlT taiwan_girl

                                          @george-k said in Inflation:

                                          Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                                          I think that the US should get rid of the one dollar bill. I know that they have tried to promote the USD$1 coin, but unless you give more of an incentive, it will not work.

                                          taiwan_girlT Offline
                                          taiwan_girlT Offline
                                          taiwan_girl
                                          wrote on last edited by
                                          #70

                                          @taiwan_girl said in Inflation:

                                          @george-k said in Inflation:

                                          Screen-Shot-2022-02-05-at-9.22.29-PM.png.jpg

                                          I think that the US should get rid of the one dollar bill. I know that they have tried to promote the USD$1 coin, but unless you give more of an incentive, it will not work.

                                          I agree. If the US is going to promote a USD $1 coin, they need to stop printing the USD $1 paper money.

                                          In Europe, I think the smallest bill is about USD $5. In Taiwan, it is about $3 USD.

                                          (One country that keeps really small denomination bills is India. And they keep them for a long long time. The money can be quite tattered and dirty and still in use)

                                          1 Reply Last reply
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