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Inflation at its highest in 40 years…

Discussion in 'BBS Hangout: Debate & Discussion' started by LosPollosHermanos, Dec 10, 2021.

  1. Os Trigonum

    Os Trigonum Contributing Member
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    supply chain is only as strong as its weakest link
     
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  2. Roc Paint

    Roc Paint Contributing Member

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    Back by popular demand
     
  3. Deckard

    Deckard Blade Runner
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    Oh yeah! You tell 'em, Henry!
     
    ROCKSS and Andre0087 like this.
  4. LosPollosHermanos

    LosPollosHermanos Houston only fan
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    Easy to say when you keep collecting stimulus after stimulus
     
  5. pgabriel

    pgabriel Educated Negro

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    I was wrong about the shortage driving up prices. That being said it's not 600, it was 600 a week.
     
  6. Sweet Lou 4 2

    Sweet Lou 4 2 Contributing Member
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    $600 a week isn't a lot of money. But...if you look at prices and their sources - it is due to high labor costs and shortages in the supply chain. The cost of silicon isn't because there's a run on the stuff - it's because there's a shortage expecially with all those bitcoin miners. How many people getting $600 a week are running bitcoin mining operations @tinman?

    look, it certainly is inflationary, but to say it's the cause of inflation is disingenuous at best when you have economics - not liberal ones and not trumpster ones - articulating the factors of why we are seeing this sudden spike in prices
     
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  7. pgabriel

    pgabriel Educated Negro

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    Like I said I was wrong. I didn't realize how much supply shortages are driving up prices. When seeing news on inflation I hadn't heard the causes and now that I have I don't disagree
     
  8. Phillyrocket

    Phillyrocket Member

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    Both. People went home rethought wtf am I going to an office every day for, double checked their accounts and said I’m done.
     
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  9. Roc Paint

    Roc Paint Contributing Member

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    If you say so
     
  10. LosPollosHermanos

    LosPollosHermanos Houston only fan
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    I kid bro
     
  11. tinman

    tinman Contributing Member
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    Don’t forget people buying those $1000 video cards to play Fortnite or league of legends
     
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  12. Invisible Fan

    Invisible Fan Contributing Member

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    https://en.m.wikipedia.org/wiki/Money_illusion

    Pay goes up but you're still left behind.

    Or maybe people think prices going off the charts, but shipments and imports are well below 2018 levels.

    If oil prices stay high and people can not afford anything else, is that really inflation? Generally people could eat that up to a certain point...
     
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  13. Os Trigonum

    Os Trigonum Contributing Member
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  14. Sanctity

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    There were four years of Trump pulling stuff from his arse every other day or sometimes multiple monthly streaks and that's the best you can come up with?
     
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  15. Invisible Fan

    Invisible Fan Contributing Member

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  16. Commodore

    Commodore Contributing Member

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  17. adoo

    adoo Member

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    Twisted logics to blame Biden for Trump's failure.


    Trump pushed back against a wave of criticism against steel tariffs with a tweet saying'
    "trade wars are good, and easy to win" https://bloom.bg/2FcEkgX

    #tictocnews
    https://twitter.com/i/events/969519906097106944?lang=en
     
    #57 adoo, Dec 14, 2021
    Last edited: Dec 14, 2021
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  18. Commodore

    Commodore Contributing Member

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  19. Os Trigonum

    Os Trigonum Contributing Member
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  20. IBTL

    IBTL Member
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