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  3. Inflation to be "Extraordinarily Elevated" due to Putin's price hike.

Inflation to be "Extraordinarily Elevated" due to Putin's price hike.

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  • Doctor PhibesD Doctor Phibes

    @Jolly said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

    The pandemic is over. Ain't you paying attention?

    Even if it were, which obviously it isn't, the inflation is the result of stuff that started happening in 2020. Some of Biden's policies clearly haven't helped, but this is a global phenomenon.

    George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #13

    @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

    Even if it were, which obviously it isn't, the inflation is the result of stuff that started happening in 2020.

    Yes, that's what @jon-nyc has pointed out. So, what's the current administration done since they took control to stop it?

    "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.

    Doctor PhibesD 1 Reply Last reply
    • George KG George K

      @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

      Even if it were, which obviously it isn't, the inflation is the result of stuff that started happening in 2020.

      Yes, that's what @jon-nyc has pointed out. So, what's the current administration done since they took control to stop it?

      Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote on last edited by
      #14

      @George-K said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

      @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

      Even if it were, which obviously it isn't, the inflation is the result of stuff that started happening in 2020.

      Yes, that's what @jon-nyc has pointed out. So, what's the current administration done since they took control to stop it?

      Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

      I was only joking

      George KG 1 Reply Last reply
      • KlausK Offline
        KlausK Offline
        Klaus
        wrote on last edited by
        #15

        Interestingly, inflation is WAY lower in Japan.

        I shifted a few investments there.

        LuFins DadL HoraceH 2 Replies Last reply
        • Doctor PhibesD Doctor Phibes

          @George-K said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

          @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

          Even if it were, which obviously it isn't, the inflation is the result of stuff that started happening in 2020.

          Yes, that's what @jon-nyc has pointed out. So, what's the current administration done since they took control to stop it?

          Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #16

          @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

          Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

          To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."

          "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 LuFins DadL 2 Replies Last reply
          • KlausK Klaus

            Interestingly, inflation is WAY lower in Japan.

            I shifted a few investments there.

            LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote on last edited by
            #17

            @Klaus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

            Interestingly, inflation is WAY lower in Japan.

            I shifted a few investments there.

            I would do the opposite.

            The Brad

            1 Reply Last reply
            • KlausK Klaus

              Interestingly, inflation is WAY lower in Japan.

              I shifted a few investments there.

              HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by
              #18

              @Klaus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

              Interestingly, inflation is WAY lower in Japan.

              I shifted a few investments there.

              Isn't that the place where the stock market hasn't gone up in a couple generations?

              Education is extremely important.

              KlausK 1 Reply Last reply
              • HoraceH Horace

                @Klaus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                Interestingly, inflation is WAY lower in Japan.

                I shifted a few investments there.

                Isn't that the place where the stock market hasn't gone up in a couple generations?

                KlausK Offline
                KlausK Offline
                Klaus
                wrote on last edited by
                #19

                @Horace said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                @Klaus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                Interestingly, inflation is WAY lower in Japan.

                I shifted a few investments there.

                Isn't that the place where the stock market hasn't gone up in a couple generations?

                Which is exactly why it will now!

                1 Reply Last reply
                • AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote on last edited by
                  #20

                  Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:

                  LarryL 1 Reply Last reply
                  • George KG George K

                    @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                    Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

                    To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."

                    89th8 Offline
                    89th8 Offline
                    89th
                    wrote on last edited by
                    #21

                    @George-K said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                    @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                    Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

                    To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."

                    Yes inflation is 2020/pandemic driven, mostly. Also, global. The only way to stop it now in the US now is to hike rates and kill the economy. While this ties in this @xenon ’s recent thread, Biden knows it’ll also kill the Democratic Party for a good 4-10 years. I call that a win win btw, @Larry and @Jolly despite what you think of me lol

                    LuFins DadL 1 Reply Last reply
                    • 89th8 89th

                      @George-K said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                      @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                      Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

                      To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."

                      Yes inflation is 2020/pandemic driven, mostly. Also, global. The only way to stop it now in the US now is to hike rates and kill the economy. While this ties in this @xenon ’s recent thread, Biden knows it’ll also kill the Democratic Party for a good 4-10 years. I call that a win win btw, @Larry and @Jolly despite what you think of me lol

                      LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote on last edited by
                      #22

                      @89th said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                      @George-K said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                      @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                      Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

                      To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."

                      Yes inflation is 2020/pandemic driven, mostly. Also, global. The only way to stop it now in the US now is to hike rates and kill the economy. While this ties in this @xenon ’s recent thread, Biden knows it’ll also kill the Democratic Party for a good 4-10 years. I call that a win win btw, @Larry and @Jolly despite what you think of me lol

                      BS, @89th Yes, there is inflation everywhere, but the EU’s rate is almost half of the US. If the Pandemic was the only driver, then inflation would be more similar instead of the US rate being twice the rest of the world. In addition, part of the cause of the EU inflation IS US inflation. Sorry for the US Centric view, but in a global economy when the largest economy in the world has a problem, the rest of the world feels it, too.

                      Also, some of the causes do go back to the Trump Administration and I do firmly put some of the blame on them (more on Congress, though), but the last thing we needed at this point was an administration that has tried to keep the pedal down on the spending while 1) laughing and dismissing inflation then 2) blaming the private sector for “profiteering” then 3) saying it’s an opportunity and finally 4) blame Putin. If this was a Putin issue, the inflation would be higher in the EU than the US.

                      The Brad

                      1 Reply Last reply
                      • George KG George K

                        @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                        Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

                        To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."

                        LuFins DadL Offline
                        LuFins DadL Offline
                        LuFins Dad
                        wrote on last edited by
                        #23

                        @George-K said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                        @Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                        Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.

                        To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."

                        Why slow it? Our National Debt just went down effectively 5%!

                        The Brad

                        1 Reply Last reply
                        • JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #24

                          BTW, by 1980's standards, our inflation for The Resident's time in office exceeds 14%.

                          You know you're in trouble when Al Sharpton starts complaining about "limousine liberals" in Washington not having any sympathy for what inflation is doing to the average guy on the street. ..

                          “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
                            #25

                            Biden speaks on inflation.

                            Here's the plan.

                            "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
                            • MikM Offline
                              MikM Offline
                              Mik
                              wrote on last edited by
                              #26

                              😆

                              "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                              1 Reply Last reply
                              • AxtremusA Axtremus

                                Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:

                                LarryL Offline
                                LarryL Offline
                                Larry
                                wrote on last edited by
                                #27

                                @Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                                Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:

                                That post didn't age well, did it.......

                                Aqua LetiferA 1 Reply Last reply
                                • MikM Offline
                                  MikM Offline
                                  Mik
                                  wrote on last edited by
                                  #28

                                  Not too well, no.

                                  "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                                  1 Reply Last reply
                                  • LarryL Larry

                                    @Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                                    Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:

                                    That post didn't age well, did it.......

                                    Aqua LetiferA Offline
                                    Aqua LetiferA Offline
                                    Aqua Letifer
                                    wrote on last edited by
                                    #29

                                    @Larry said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                                    @Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                                    Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:

                                    That post didn't age well, did it.......

                                    C'mon, you know what he's going to say.

                                    Please love yourself.

                                    1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #30

                                      "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
                                      • AxtremusA Offline
                                        AxtremusA Offline
                                        Axtremus
                                        wrote on last edited by
                                        #31

                                        See, April's inflation numbers are slightly better than March's.

                                        Will May's numbers be worse or better? Too soon to tell right now. Energy / gas prices are up, supply chain issues from China getting worse and cascading closer to consumers, so May does not look optimistic.

                                        LuFins DadL 1 Reply Last reply
                                        • AxtremusA Axtremus

                                          See, April's inflation numbers are slightly better than March's.

                                          Will May's numbers be worse or better? Too soon to tell right now. Energy / gas prices are up, supply chain issues from China getting worse and cascading closer to consumers, so May does not look optimistic.

                                          LuFins DadL Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #32

                                          @Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:

                                          See, April's inflation numbers are slightly better than March's.

                                          Will May's numbers be worse or better? Too soon to tell right now. Energy / gas prices are up, supply chain issues from China getting worse and cascading closer to consumers, so May does not look optimistic.

                                          How the everloving hell do you see that as an improvement? The rate of increase was slightly less, but it still increased…

                                          The Brad

                                          AxtremusA 1 Reply Last reply
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