Shadow stats usually has the real inflation rate at approx double the US gov official. The real inflation rate is likely 17-22%
Supply Chain Shortages and Inflation
-
- Posts: 28305
- Joined: Tue Nov 29, 2016 10:48 pm
Re: Supply Chain Shortages and Inflation
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
-
- Posts: 25278
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: Supply Chain Shortages and Inflation
Without a doubt. It’s time to take advantage and capitalize.C-Mag wrote: ↑Thu Jul 14, 2022 9:35 amShadow stats usually has the real inflation rate at approx double the US gov official. The real inflation rate is likely 17-22%
-
- Posts: 28305
- Joined: Tue Nov 29, 2016 10:48 pm
Re: Supply Chain Shortages and Inflation
What's the second job
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
-
- Posts: 25278
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: Supply Chain Shortages and Inflation
I work from home, and I’ve got plenty of free time. Might as well take another one. It’s a big trend that’s showing up on employment statistics.
It’s not fair to people still working in offices/in person, but I’m not getting run over by inflation anymore.
-
- Posts: 1291
- Joined: Wed Nov 30, 2016 3:16 pm
Re: Supply Chain Shortages and Inflation
I'm just going for raises, already got a 25% increase over the last 12 months. Next is to get a promotion.SuburbanFarmer wrote: ↑Thu Jul 14, 2022 2:52 pmI work from home, and I’ve got plenty of free time. Might as well take another one. It’s a big trend that’s showing up on employment statistics.
It’s not fair to people still working in offices/in person, but I’m not getting run over by inflation anymore.
-
- Posts: 25278
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: Supply Chain Shortages and Inflation
Very niceTheOneX wrote: ↑Thu Jul 14, 2022 4:44 pmI'm just going for raises, already got a 25% increase over the last 12 months. Next is to get a promotion.SuburbanFarmer wrote: ↑Thu Jul 14, 2022 2:52 pmI work from home, and I’ve got plenty of free time. Might as well take another one. It’s a big trend that’s showing up on employment statistics.
It’s not fair to people still working in offices/in person, but I’m not getting run over by inflation anymore.
-
- Posts: 28305
- Joined: Tue Nov 29, 2016 10:48 pm
-
- Posts: 18720
- Joined: Wed Jan 20, 2010 2:02 pm
Re: Supply Chain Shortages and Inflation
Econ 101 price of pork example.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
-
- Posts: 1291
- Joined: Wed Nov 30, 2016 3:16 pm
Re: Supply Chain Shortages and Inflation
Interest rates going up is a good thing, they have been far too low for far too long because our leaders forgot that after lowering interest rates in bad times you are supposed to raise them in good times. This kind of corrective action will cause some short term harm, but it should result in a healthier economy. Of course, that is all assuming our leaders are learning the right lesson, which is doubtful.
-
- Posts: 25278
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: Supply Chain Shortages and Inflation
All true, but our real problem has been the insane money printing. Now that they’ve normalized that, interest rates are less relevant.TheOneX wrote: ↑Fri Jul 15, 2022 7:32 amInterest rates going up is a good thing, they have been far too low for far too long because our leaders forgot that after lowering interest rates in bad times you are supposed to raise them in good times. This kind of corrective action will cause some short term harm, but it should result in a healthier economy. Of course, that is all assuming our leaders are learning the right lesson, which is doubtful.