The real inflation rate is closer to 10%, and its getting worse. The Biden Admin could look like Jimmy CarterPartyOf5 wrote: ↑Wed Apr 28, 2021 2:21 pmApparently I'm "rich" and don't get anything.The Conservative wrote: ↑Wed Apr 28, 2021 5:58 amI got a letter in the mail from the "Biden admin" saying that I have another 2800 coming my way...
Anyone else get this letter?
Inflation is expected to be around 3.7% this year and yet my woke company only gives me a 2% raise because their new merit increase system is no longer based on performance. Where you are in the "equity" pay scale for your job means more than how you actually do your job. Those with no experience at their job get fast-tracked up the scale because they make less, while those at the high end now get hard-capped.
The Era of Biden
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Re: The Era of Biden
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: The Era of Biden
Any bet who does first?C-Mag wrote: ↑Wed Apr 28, 2021 2:30 pmThe real inflation rate is closer to 10%, and its getting worse. The Biden Admin could look like Jimmy CarterPartyOf5 wrote: ↑Wed Apr 28, 2021 2:21 pmApparently I'm "rich" and don't get anything.The Conservative wrote: ↑Wed Apr 28, 2021 5:58 amI got a letter in the mail from the "Biden admin" saying that I have another 2800 coming my way...
Anyone else get this letter?
Inflation is expected to be around 3.7% this year and yet my woke company only gives me a 2% raise because their new merit increase system is no longer based on performance. Where you are in the "equity" pay scale for your job means more than how you actually do your job. Those with no experience at their job get fast-tracked up the scale because they make less, while those at the high end now get hard-capped.
#NotOneRedCent
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Re: The Era of Biden
the general arc is deflationC-Mag wrote: ↑Wed Apr 28, 2021 2:30 pmThe real inflation rate is closer to 10%, and its getting worse. The Biden Admin could look like Jimmy CarterPartyOf5 wrote: ↑Wed Apr 28, 2021 2:21 pmApparently I'm "rich" and don't get anything.The Conservative wrote: ↑Wed Apr 28, 2021 5:58 amI got a letter in the mail from the "Biden admin" saying that I have another 2800 coming my way...
Anyone else get this letter?
Inflation is expected to be around 3.7% this year and yet my woke company only gives me a 2% raise because their new merit increase system is no longer based on performance. Where you are in the "equity" pay scale for your job means more than how you actually do your job. Those with no experience at their job get fast-tracked up the scale because they make less, while those at the high end now get hard-capped.
technology is inciting a deflationary price & wage spiral
stagflation was actually just an euphemism deflation
prices are going up because the dollar is deflating
less purchasing power is not due to increasing wages & prices
the whole empire is deflating, the near term inflation is only relative to the decline
the longer view is deflationary which is much harder to address
the future is Japanification, it's a demographic deflationary spiral
Nec Aspera Terrent
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Re: The Era of Biden
case in point with real estate
it's not inflation, it's an asset bubble
prices are going up because prices are going up, FOMO
but the real cause is deflation, net zero interest rates
without inflation, there is no investment in growth, so the money flees to the asset bubbles, strike of capital
it's not inflation, it's an asset bubble
prices are going up because prices are going up, FOMO
but the real cause is deflation, net zero interest rates
without inflation, there is no investment in growth, so the money flees to the asset bubbles, strike of capital
Nec Aspera Terrent
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Re: The Era of Biden
Did anyone watch the theater performance last night? I assume it went exactly as I expected. Democrat media cheering how great Joe is, fake conservative media playing the center, and real conserva....wait there is no real conservative media.
All I caught was some bits after it was over. Typical hypocrisy in the 30 seconds I saw. Lots of hands on each other, groups of Democrats in close proximity to each other indoors. All while they tell us we need to wear 2 masks outdoors and stay at least 6 feet apart even if we are vaccinated.
All I caught was some bits after it was over. Typical hypocrisy in the 30 seconds I saw. Lots of hands on each other, groups of Democrats in close proximity to each other indoors. All while they tell us we need to wear 2 masks outdoors and stay at least 6 feet apart even if we are vaccinated.
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Re: The Era of Biden
the Democrats are now siccing the FBI on all of Trump's proxies
they are retaliating against Giuliani for Giuliani going after Hunter Biden
so this has just degenerated into gangsterism now, the functioning democracy has already collapsed
they are retaliating against Giuliani for Giuliani going after Hunter Biden
so this has just degenerated into gangsterism now, the functioning democracy has already collapsed
Nec Aspera Terrent
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Re: The Era of Biden
Did anyone see Biden's speech last night? He went full fascist... and the media are celebrating his achievement of getting through the majority of a speech without fucking up...
#NotOneRedCent
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Re: The Era of Biden
Cant watch Biden.
For me nothing there.
Let me guess what he said.
COVID, COVID, COVID, masks and jabs.
Build back better
Whitey bad
More Money Today, print that shit
Build back better
Gonna save the planet from carbon
Gonna tax the rich (except we will protect our buddies)
Jan 6 literally Nazis
For me nothing there.
Let me guess what he said.
COVID, COVID, COVID, masks and jabs.
Build back better
Whitey bad
More Money Today, print that shit
Build back better
Gonna save the planet from carbon
Gonna tax the rich (except we will protect our buddies)
Jan 6 literally Nazis
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
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Re: The Era of Biden
there is no reason to
you know what is going on
don't stare into that abyss, lest it stare back into you
Nec Aspera Terrent