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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

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  • KlausK Klaus

    @Larry said in Inflation:

    So.... 2 plus 2 equals 13 to your way of thinking.

    No. That may be your "lived experience" of arithmetic. I prefer to go by the data, which suggests that the answer is 4.

    LarryL Offline
    LarryL Offline
    Larry
    wrote on last edited by
    #131

    @Klaus said in Inflation:

    @Larry said in Inflation:

    So.... 2 plus 2 equals 13 to your way of thinking.

    No. That may be your "lived experience" of arithmetic. I prefer to go by the data, which suggests that the answer is 4.

    Of course the answer is 4. But you just took two points that have nothing to do with each other, attempted to tie them together and give them equal value, and from their reach a conclusion that had nothing to do with anything. Here's the sad part - I believe that absent the input from morons like you, TG is intelligent enough to u derstand what is being said to her. I don't see you as being capable of such rational thinking.

    1 Reply Last reply
    • KlausK Offline
      KlausK Offline
      Klaus
      wrote on last edited by Klaus
      #132

      I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

      LarryL LuFins DadL 2 Replies Last reply
      • KlausK Klaus

        I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

        LarryL Offline
        LarryL Offline
        Larry
        wrote on last edited by Larry
        #133

        @Klaus said in Inflation:

        I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

        Lived experience is NOT associated with progressive left wing policy. That's why I said you tried to add 2 plus 2 and say it equals 13. TG takes a flawed approach and tries to reach a rational conclusion, you just make shit up.

        Now fuck off. You have no credibility to me.

        1 Reply Last reply
        • HoraceH Offline
          HoraceH Offline
          Horace
          wrote on last edited by
          #134

          Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

          Education is extremely important.

          KlausK 1 Reply Last reply
          • Doctor PhibesD Offline
            Doctor PhibesD Offline
            Doctor Phibes
            wrote on last edited by
            #135

            I've noticed that a number of my old school chums refer to attending 'The University of Life' on Facebook. At least a couple of them need to ask for their money back, IMHO.

            I was only joking

            1 Reply Last reply
            • KlausK Klaus

              I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

              LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #136

              @Klaus said in Inflation:

              I had only one point: That your argument boils down to the "lived experience" idea - subjective experience trumps data - and that idea is BS. I also find it funny that "lived experience" is very much associated with progressive left-wing policy.

              I agree except when I see actual data being manipulated. When I see formulas being changed and data and suppositions not being rigorously challenged and tested, then I have doubts about whether it’s really science. And in those situations, you unfortunately have to look for the subjective.

              The Brad

              1 Reply Last reply
              • HoraceH Horace

                Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                KlausK Offline
                KlausK Offline
                Klaus
                wrote on last edited by
                #137

                @Horace said in Inflation:

                Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                I agree, but if it is a "general case lived experience" then you can also quantify it in the form of data.

                HoraceH 1 Reply Last reply
                • KlausK Klaus

                  @Horace said in Inflation:

                  Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                  I agree, but if it is a "general case lived experience" then you can also quantify it in the form of data.

                  HoraceH Offline
                  HoraceH Offline
                  Horace
                  wrote on last edited by
                  #138

                  @Klaus said in Inflation:

                  @Horace said in Inflation:

                  Lived experience can be used to communicate a narrative, numbers can be used to communicate a narrative, both can be lied with, both can tell the truth. What Larry is not doing with his "lived experience" analog is claiming a unique ability to live a particular experience. In fact he's implying that it is the general case lived experience. The woke cudgel their political opponents with the claim that, unless you have a certain human phenotype, you cannot live certain experiences, and you need to shut up. This is why their usage is so wrong, because it denies the shared human experience. It's racism writ large, by morons.

                  I agree, but if it is a "general case lived experience" then you can also quantify it in the form of data.

                  I don't think it would be too difficult to attach numbers to the average experience with inflation. You know, for those who make around 300k per year.

                  Education is extremely important.

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #139

                    9.1% announced today.

                    U.S. inflation reached 9.1% in June, its highest rate in nearly 41 years, the Labor Department said Wednesday.

                    Investor expectations of slowing economic growth world-wide have led to a decline in commodity prices in recent weeks, including for oil, copper, wheat and corn, after those prices rose sharply following the Russian invasion of Ukraine. Retailers have warned of the need to discount goods, especially apparel and home goods, that are out of sync with customer preferences as spending shifts to services and away from goods, and consumers spend down elevated savings. Economists expect those developments to subdue price pressures in the coming months.

                    “There’s a pretty serious recession fear affecting a broad range of asset prices,” said Laura Rosner-Warburton, senior economist at MacroPolicy Perspectives.

                    "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
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #140

                      It's higher than that, and we all know it.

                      “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
                        #141

                        "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
                          #142

                          91INFLATION-587x600.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
                          • JollyJ Offline
                            JollyJ Offline
                            Jolly
                            wrote on last edited by
                            #143

                            When I first started buying this dog food a little over two years ago, it was $30/bag. Then it went to $32 about a year or so ago. Then, in the last ten months or less, it went to $38. Then $42. Today, it's $50.
                            alt text

                            That ain't 9.1%.

                            And it's the same for meat, milk, eggs, flour. gas, diesel, car parts, etc.

                            “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
                            • JollyJ Jolly referenced this topic on
                            • 89th8 89th referenced this topic on
                            • JollyJ Jolly referenced this topic on
                            • George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #144

                              https://www.bls.gov/news.release/ppi.nr0.htm

                              The Producer Price Index for final demand increased 1.1 percent in June, seasonally adjusted, the
                              U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in
                              May and 0.4 percent in April. (See table A.) On an unadjusted basis, final demand prices moved
                              up 11.3 percent for the 12 months ended in June, the largest increase since a record 11.6-percent
                              jump in March 2022.

                              In June, three-fourths of the advance in the index for final demand was due to a 2.4-percent rise
                              in prices for final demand goods. The index for final demand services increased 0.4 percent.

                              "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
                                #145

                                Holy crap - CNN -

                                (CNN)The White House has been so wrong, so often, on inflation

                                https://www.cnn.com/2022/07/14/politics/democrats-frustrated-biden-inflation-2022/index.html

                                The Brad

                                1 Reply Last reply
                                • JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #146

                                  Nothing new. Dems are scared and they've come to the conclusion that The Resident is dragging them down. He's the lamest of lame ducks. So, they've decided to start criticizing him, in two-fold strategy:

                                  1. To create some daylight between the White House and all those guys running for the House and the Senate.
                                  2. To make sure Biden does not run in 2024, and encourage other Dems to start the process of a Presidential run (interest, organizations, vetting, money).

                                  IMO, of course.

                                  “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
                                  • JollyJ Offline
                                    JollyJ Offline
                                    Jolly
                                    wrote on last edited by
                                    #147

                                    And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                                    I wish them well.

                                    “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

                                    MikM 1 Reply Last reply
                                    • AxtremusA Away
                                      AxtremusA Away
                                      Axtremus
                                      wrote on last edited by
                                      #148

                                      https://www.bls.gov/cpi/latest-numbers.htm

                                      September 2022's CPI's headline number is +8.2%.

                                      1 Reply Last reply
                                      • JollyJ Jolly

                                        And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                                        I wish them well.

                                        MikM Away
                                        MikM Away
                                        Mik
                                        wrote on last edited by
                                        #149

                                        @Jolly said in Inflation:

                                        And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                                        I wish them well.

                                        But I suspect it will be done selectively. They have for years built a biased organization. That will not be turned around easily.

                                        Deep News.

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

                                        HoraceH 1 Reply Last reply
                                        • MikM Away
                                          MikM Away
                                          Mik
                                          wrote on last edited by
                                          #150

                                          As far as inflation, groceries are up between 25 and 50%.

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

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