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The New Coffee Room

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  3. Inflation

Inflation

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  • 8 89th
    10 Feb 2022, 23:05

    So, what stops the snowball? Higher fed rates?

    C Offline
    C Offline
    Copper
    wrote on 10 Feb 2022, 23:06 last edited by
    #48

    @89th said in Inflation:

    So, what stops the snowball? Higher fed rates?

    Federal price controls

    G 1 Reply Last reply 10 Feb 2022, 23:34
    • C Copper
      10 Feb 2022, 23:06

      @89th said in Inflation:

      So, what stops the snowball? Higher fed rates?

      Federal price controls

      G Offline
      G Offline
      George K
      wrote on 10 Feb 2022, 23:34 last edited by
      #49

      @copper said in Inflation:

      Federal price controls

      image.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
      • C Offline
        C Offline
        Copper
        wrote on 10 Feb 2022, 23:59 last edited by
        #50

        I remember

        1 Reply Last reply
        • J Offline
          J Offline
          Jolly
          wrote on 11 Feb 2022, 00:40 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

          G 1 Reply Last reply 11 Feb 2022, 00:55
          • J Jolly
            11 Feb 2022, 00:40

            Ah, I remember my 13.25% mortgage fondly.

            Those were the days....

            G Offline
            G Offline
            George K
            wrote on 11 Feb 2022, 00:55 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
            • 8 89th
              10 Feb 2022, 23:05

              So, what stops the snowball? Higher fed rates?

              L Offline
              L Offline
              LuFins Dad
              wrote on 11 Feb 2022, 00:58 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

              G 1 Reply Last reply 11 Feb 2022, 01:06
              • L LuFins Dad
                11 Feb 2022, 00:58

                @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.

                G Offline
                G Offline
                George K
                wrote on 11 Feb 2022, 01:06 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
                • L Offline
                  L Offline
                  LuFins Dad
                  wrote on 11 Feb 2022, 01:09 last edited by
                  #55

                  A more cynical solution would be to go to war…

                  The Brad

                  G 1 Reply Last reply 11 Feb 2022, 01:21
                  • L LuFins Dad
                    11 Feb 2022, 01:09

                    A more cynical solution would be to go to war…

                    G Offline
                    G Offline
                    George K
                    wrote on 11 Feb 2022, 01:21 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
                    • 8 Offline
                      8 Offline
                      89th
                      wrote on 11 Feb 2022, 13:06 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.

                      J 1 Reply Last reply 11 Feb 2022, 13:32
                      • 8 89th
                        11 Feb 2022, 13:06

                        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.

                        J Offline
                        J Offline
                        Jolly
                        wrote on 11 Feb 2022, 13:32 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
                        • G Offline
                          G Offline
                          George K
                          wrote on 12 Feb 2022, 12:54 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 13 Feb 2022, 16:56
                          • MikM Offline
                            MikM Offline
                            Mik
                            wrote on 12 Feb 2022, 13:17 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
                            • G George K
                              12 Feb 2022, 12:54

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

                              taiwan_girlT Offline
                              taiwan_girlT Offline
                              taiwan_girl
                              wrote on 13 Feb 2022, 16:56 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 8 Mar 2022, 02:28
                              • topic:timeago-later,22 days
                              • G Offline
                                G Offline
                                George K
                                wrote on 7 Mar 2022, 12:48 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 G 2 Replies Last reply 7 Mar 2022, 13:01
                                • G George K
                                  7 Mar 2022, 12:48

                                  IMG_1121.JPG

                                  MikM Offline
                                  MikM Offline
                                  Mik
                                  wrote on 7 Mar 2022, 13:01 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

                                  G 1 Reply Last reply 7 Mar 2022, 13:16
                                  • MikM Mik
                                    7 Mar 2022, 13:01

                                    @George-K perfect.

                                    G Offline
                                    G Offline
                                    George K
                                    wrote on 7 Mar 2022, 13:16 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 8 Mar 2022, 12:21
                                    • J Offline
                                      J Offline
                                      Jolly
                                      wrote on 7 Mar 2022, 13:44 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

                                      G 1 Reply Last reply 7 Mar 2022, 21:05
                                      • J Jolly
                                        7 Mar 2022, 13:44

                                        That's a great clown pic.

                                        G Offline
                                        G Offline
                                        George K
                                        wrote on 7 Mar 2022, 21:05 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.

                                        8 1 Reply Last reply 8 Mar 2022, 11:45
                                        • Doctor PhibesD Offline
                                          Doctor PhibesD Offline
                                          Doctor Phibes
                                          wrote on 7 Mar 2022, 21:06 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 7 Mar 2022, 22:42
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