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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

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  • 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 Offline
            Doctor PhibesD Offline
            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
                  • George KG George K

                    @Jolly said in Inflation:

                    That's a great clown pic.

                    I got yer great clown right here:

                    89th8 Offline
                    89th8 Offline
                    89th
                    wrote on last edited by
                    #71

                    @George-K said in Inflation:

                    @Jolly said in Inflation:

                    That's a great clown pic.

                    I got yer great clown right here:

                    This is all silly, and a perfect example of a biased news org debating a biased politician. In other words, gas prices are going up because of both factors. But Doocy wants to make it seem like it's Biden-only, and Psaki wants to make it seem like it's Putin-only. These are reasons I don't really watch news or press conferences, it's all spin.

                    1 Reply Last reply
                    • George KG George K

                      @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.

                      jon-nycJ Offline
                      jon-nycJ Offline
                      jon-nyc
                      wrote on last edited by
                      #72

                      @George-K said in Inflation:

                      @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.

                      Certainly that’s true of the rather significant jump in the last week

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      George KG 1 Reply Last reply
                      • jon-nycJ jon-nyc

                        @George-K said in Inflation:

                        @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.

                        Certainly that’s true of the rather significant jump in the last week

                        George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by George K
                        #73

                        @jon-nyc fair enough. A 60¢ rise in the last weeks.

                        But that's still only ¼ the rise over the last 15 months.

                        Screen Shot 2022-03-08 at 6.34.34 AM.png

                        Seems like it was only two weeks ago that she was blaming the Ukraine shit for inflation.

                        "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
                        • George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #74

                          Obama's economic advisor, Stephen Rattner:

                          "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
                          • jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on last edited by
                            #75

                            Ratner’s right, but of course I’d say that because he’s making my point.

                            But @George-K 15 months is a bit of a cherry pick since gas prices plummeted in Q220 due to covid

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #76

                              @jon-nyc said in Inflation:

                              Ratner’s right, but of course I’d say that because he’s making my point.

                              But @George-K 15 months is a bit of a cherry pick since gas prices plummeted in Q220 due to covid

                              Yes, and the rise in printed dollars antedates the Biden administration as well to some extent. I'm sure that didn't help.

                              But to address your point as to "cherry-picking" the 5 year timeline is somewhat different (and we can ignore that "Putin spike" for the sake of discussion).

                              Screen Shot 2022-03-10 at 6.46.43 PM.png

                              The Trump peak is in May 2025 at about $3.00/gallon.

                              The pre-Putin peak under the Biden administration is about $3.35, 10% higher. Inflation for the year is now 7.5%.

                              As you know, gas prices are only one factor, and a major one, in the cost of living.

                              I saw another chart today (correlation is not causation, of course) showing the rise of money available compared with inflation.

                              Screen Shot 2022-03-10 at 6.53.18 PM.png

                              "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
                              • LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by LuFins Dad
                                #77

                                The average gas price before COVID was at $2.54, Jon.

                                Of course, it was over $3.20 over most of Obama's last 4 years...

                                The Brad

                                George KG 1 Reply Last reply
                                • LuFins DadL LuFins Dad

                                  The average gas price before COVID was at $2.54, Jon.

                                  Of course, it was over $3.20 over most of Obama's last 4 years...

                                  George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #78

                                  @LuFins-Dad said in Inflation:

                                  Of course, it was over $3.20 over most of Obama's last 4 years...

                                  Screen Shot 2022-03-11 at 6.58.34 AM.png

                                  Screen Shot 2022-03-11 at 6.59.45 AM.png

                                  "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 Offline
                                    89th8 Offline
                                    89th
                                    wrote on last edited by
                                    #79

                                    8cf7d781-0b4d-4db9-98cb-dc894832293d-image.png

                                    JollyJ 1 Reply Last reply
                                    • 89th8 Offline
                                      89th8 Offline
                                      89th
                                      wrote on last edited by
                                      #80

                                      No doubt we will be setting all-time high records soon, but let's not forget the price has been between $3 and $4 bucks per gallon nearly half of the last 15 years.

                                      Aqua LetiferA 1 Reply Last reply
                                      • 89th8 89th

                                        No doubt we will be setting all-time high records soon, but let's not forget the price has been between $3 and $4 bucks per gallon nearly half of the last 15 years.

                                        Aqua LetiferA Offline
                                        Aqua LetiferA Offline
                                        Aqua Letifer
                                        wrote on last edited by
                                        #81

                                        @89th said in Inflation:

                                        No doubt we will be setting all-time high records soon, but let's not forget the price has been between $3 and $4 bucks per gallon nearly half of the last 15 years.

                                        My guess is that has the potential to put the 70s oil crisis to shame.

                                        But hey yeah, Biden, let's encourage everyone to return to the office!

                                        Please love yourself.

                                        LuFins DadL 1 Reply Last reply
                                        • Aqua LetiferA Aqua Letifer

                                          @89th said in Inflation:

                                          No doubt we will be setting all-time high records soon, but let's not forget the price has been between $3 and $4 bucks per gallon nearly half of the last 15 years.

                                          My guess is that has the potential to put the 70s oil crisis to shame.

                                          But hey yeah, Biden, let's encourage everyone to return to the office!

                                          LuFins DadL Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #82

                                          @Aqua-Letifer said in Inflation:

                                          @89th said in Inflation:

                                          No doubt we will be setting all-time high records soon, but let's not forget the price has been between $3 and $4 bucks per gallon nearly half of the last 15 years.

                                          My guess is that has the potential to put the 70s oil crisis to shame.

                                          But hey yeah, Biden, let's encourage everyone to return to the office!

                                          That’s a great idea! Hadn’t even considered that.

                                          The Brad

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