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.
  • 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.

      1 Reply Last reply
      • George KG George K

        @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.

        jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote on last edited by
        #72

        @George-K said in Inflation:

        @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.

        Certainly that’s true of the rather significant jump in the last week

        Only non-witches get due process.

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

          @George-K said in Inflation:

          @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.

          Certainly that’s true of the rather significant jump in the last week

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by George K
          #73

          @jon-nyc fair enough. A 60¢ rise in the last weeks.

          But that's still only ¼ the rise over the last 15 months.

          Screen Shot 2022-03-08 at 6.34.34 AM.png

          Seems like it was only two weeks ago that she was blaming the Ukraine shit for inflation.

          "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
            #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 Online
              jon-nycJ Online
              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 Online
                                    jon-nycJ Online
                                    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 Online
                                          jon-nycJ Online
                                          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
                                          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