Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

Scheduled Pinned Locked Moved General Discussion
229 Posts 18 Posters 5.1k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • 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

                    1 Reply Last reply
                    • 89th8 89th

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

                      JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #83

                      @89th said in Inflation:

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

                      Don't go by all formulations. Most vehicles run on regular.

                      “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 George K

                        IMG_1121.JPG

                        George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #84

                        @George-K said in Inflation:

                        IMG_1121.JPG

                        IMG_1144.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.

                        1 Reply Last reply
                        • LarryL Offline
                          LarryL Offline
                          Larry
                          wrote on last edited by
                          #85

                          Don't blame me. I voted for Trump..

                          jon-nycJ 1 Reply Last reply
                          • LarryL Larry

                            Don't blame me. I voted for Trump..

                            jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on last edited by jon-nyc
                            #86

                            @Larry said in Inflation:

                            Don't blame me. I voted for Trump..

                            His Fed pick quadrupled the money supply. Don’t blame me, I voted for Hilary.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            LarryL 1 Reply Last reply
                            • JollyJ Offline
                              JollyJ Offline
                              Jolly
                              wrote on last edited by
                              #87

                              Remind me again...on whose watch has record inflation occurred?

                              “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
                              • jon-nycJ jon-nyc

                                @Larry said in Inflation:

                                Don't blame me. I voted for Trump..

                                His Fed pick quadrupled the money supply. Don’t blame me, I voted for Hilary.

                                LarryL Offline
                                LarryL Offline
                                Larry
                                wrote on last edited by
                                #88

                                @jon-nyc said in Inflation:

                                @Larry said in Inflation:

                                Don't blame me. I voted for Trump..

                                His Fed pick quadrupled the money supply. Don’t blame me, I voted for Hilary.

                                You voted for hillary?????

                                BWAAAAAAAAAHAHAHAHAAAAAAAAAAAAAAAA!!!!!!

                                1 Reply Last reply
                                • George KG George K

                                  @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

                                  jon-nycJ Offline
                                  jon-nycJ Offline
                                  jon-nyc
                                  wrote on last edited by
                                  #89

                                  @George-K said in Inflation:

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

                                  To some extent? Almost entirely. The vast majority of dollars that have ever existed were ‘printed’ during the Trump administration.

                                  ETA: of the ~21T dollars in existence, ~15T were printed on Trump’s watch.

                                  Only non-witches get due process.

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

                                    @George-K said in Inflation:

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

                                    To some extent? Almost entirely. The vast majority of dollars that have ever existed were ‘printed’ during the Trump administration.

                                    ETA: of the ~21T dollars in existence, ~15T were printed on Trump’s watch.

                                    LarryL Offline
                                    LarryL Offline
                                    Larry
                                    wrote on last edited by Larry
                                    #90

                                    @jon-nyc said in Inflation:

                                    @George-K said in Inflation:

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

                                    To some extent? Almost entirely. The vast majority of dollars that have ever existed were ‘printed’ during the Trump administration.

                                    ETA: of the ~21T dollars in existence, ~15T were printed on Trump’s watch.

                                    Oh bull shit. You actually want us to believe that the massive debt the democrats ran up wasn't connected ?

                                    There was a pandemic. The threat of a complete economic collapse was real. Money was thrown at it. Now - who was it that created most of the wild eyed bulls shit that drove that? Fucking democrats. Then who was it that wanted to keep on handing out money like candy even after it was determined the handouts were being wasted and weren't helping?? Fucking democrats. Yet you want to drop that all on Trump as if he was the bad guy. I refuse to believe you're that stupid.

                                    1 Reply Last reply
                                    • jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote on last edited by
                                      #91

                                      I’m not really “dropping it all on Trump” rather I’m exposing the facile partisan explanations in this thread.

                                      I talked more broadly about the causes of inflation in another thread about a week ago.

                                      Only non-witches get due process.

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

                                        I’m not really “dropping it all on Trump” rather I’m exposing the facile partisan explanations in this thread.

                                        I talked more broadly about the causes of inflation in another thread about a week ago.

                                        George KG Offline
                                        George KG Offline
                                        George K
                                        wrote on last edited by
                                        #92

                                        @jon-nyc interesting that the number of circulating dollars rose at a pretty slow pace until the pandemic really hit in spring of 2020. After that spike, however, the pace exceeds the historical rate of rise.

                                        "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
                                        • George KG George K

                                          @jon-nyc interesting that the number of circulating dollars rose at a pretty slow pace until the pandemic really hit in spring of 2020. After that spike, however, the pace exceeds the historical rate of rise.

                                          jon-nycJ Offline
                                          jon-nycJ Offline
                                          jon-nyc
                                          wrote on last edited by jon-nyc
                                          #93

                                          @George-K

                                          Yeah, though maybe it’s slowing a bit in the past months? We’ll see how the fed moves on interest rates affect it

                                          A66BC935-C2CA-4254-935E-439DBA37212F.png

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
                                          1 Reply Last reply
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups