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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

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  • JollyJ Jolly

    Ah, I remember my 13.25% mortgage fondly.

    Those were the days....

    George KG Offline
    George KG Offline
    George K
    wrote on 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
    • 89th8 89th

      So, what stops the snowball? Higher fed rates?

      LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on 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

      George KG 1 Reply Last reply
      • LuFins DadL LuFins Dad

        @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.

        George KG Offline
        George KG Offline
        George K
        wrote on 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
        • LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #55

          A more cynical solution would be to go to war…

          The Brad

          George KG 1 Reply Last reply
          • LuFins DadL LuFins Dad

            A more cynical solution would be to go to war…

            George KG Offline
            George KG Offline
            George K
            wrote on 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
            • 89th8 Offline
              89th8 Offline
              89th
              wrote on 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.

              JollyJ 1 Reply Last reply
              • 89th8 89th

                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.

                JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on 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
                • George KG Offline
                  George KG Offline
                  George K
                  wrote on 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
                  • MikM Away
                    MikM Away
                    Mik
                    wrote on 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
                    • George KG George K

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

                      taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on 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
                      • George KG Offline
                        George KG Offline
                        George K
                        wrote on 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 George KG 2 Replies Last reply
                        • George KG George K

                          IMG_1121.JPG

                          MikM Away
                          MikM Away
                          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 Online
                                  Doctor PhibesD Online
                                  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.

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