1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Inflation at its highest in 40 years…

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

  1. IBTL

    IBTL Member
    Supporting Member

    Joined:
    Nov 22, 2010
    Messages:
    12,390
    Likes Received:
    12,557
    Yes they are shorter.
    The best strip song ever and they took it down to 2 minutes. I can't find the stripper version though

     
    Gioan Baotixita likes this.
  2. Colt45

    Colt45 Member
    Supporting Member

    Joined:
    Feb 8, 2000
    Messages:
    2,949
    Likes Received:
    2,594
  3. PatBev

    PatBev Member

    Joined:
    Jun 16, 2017
    Messages:
    3,129
    Likes Received:
    4,586
    Let’s go Brandon
     
    Gioan Baotixita likes this.
  4. fchowd0311

    fchowd0311 Contributing Member

    Joined:
    Apr 27, 2010
    Messages:
    48,300
    Likes Received:
    37,119
    Is that the nascar joke? Sorry late to the party.
     
  5. Bandwagoner

    Bandwagoner Contributing Member

    Joined:
    Jan 26, 2006
    Messages:
    26,776
    Likes Received:
    3,498
  6. rockbox

    rockbox Around before clutchcity.com

    Joined:
    Jul 28, 2000
    Messages:
    21,668
    Likes Received:
    10,588
  7. rockbox

    rockbox Around before clutchcity.com

    Joined:
    Jul 28, 2000
    Messages:
    21,668
    Likes Received:
    10,588

    Read again. They lost 30 to 40 million in margin. They weren't necessary losing money on the chicken themselves.

    Costco also started producing and packaging their own chickens recently so they aren't getting gouged by the packaging companies right now.
     
  8. subtomic

    subtomic Contributing Member
    Supporting Member

    Joined:
    Jul 6, 2000
    Messages:
    4,047
    Likes Received:
    2,416
    oh, are we sharing old jokes here?

    Take my wife!!!!
     
    jiggyfly likes this.
  9. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    98,872
    Likes Received:
    41,457
    Not in Houston or Vegas
    @Jontro
     
  10. rockbox

    rockbox Around before clutchcity.com

    Joined:
    Jul 28, 2000
    Messages:
    21,668
    Likes Received:
    10,588
    How much are they in Houston?
     
  11. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    98,872
    Likes Received:
    41,457
    Some girls are charging 40, I think they all the dudes have harden money
     
  12. MojoMan

    MojoMan Member

    Joined:
    Apr 3, 2009
    Messages:
    7,746
    Likes Received:
    2,153
  13. DaDakota

    DaDakota If you want to know, just ask!
    Supporting Member

    Joined:
    Mar 14, 1999
    Messages:
    124,575
    Likes Received:
    33,571
    I love how stupid people blame a president for inflation.......

    The President has very little to do with the economy......either way.

    DD
     
  14. rocketsjudoka

    rocketsjudoka Contributing Member
    Supporting Member

    Joined:
    Jul 24, 2007
    Messages:
    55,143
    Likes Received:
    43,444
    I fully agree inflation is a problem but having just come back from Singapore and the Netherlands prices are up in all of those places. This isn't a US problem.
     
    DaDakota, dmoneybangbang and subtomic like this.
  15. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,676
    Likes Received:
    25,619
    It kind of is when the world runs on dollars and the Fed is coordinating actions with other major Central Banks.

    The problem is they don't have as much influence for the world as people really think and they're playing their next moves off data everyone else mostly has. Data->Market->Fed
     
  16. Space Ghost

    Space Ghost Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    15,394
    Likes Received:
    6,419
    The president has a lot of influence. The president has little power to control it.
     
  17. Space Ghost

    Space Ghost Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    15,394
    Likes Received:
    6,419
    It's always been a world problem. The US is doing better than everything else.

    The concern I have but have heard few comments on is radical changes and/or collapse of economies.

    Crete
    Lebenon
    El Salvador
    Turkey
    Kazakhstan

    China has major problems.
    Peru is starting to have issues
     
  18. Space Ghost

    Space Ghost Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    15,394
    Likes Received:
    6,419
    Are you telling me the Fed doesn't print money and doesn't control yield rates? :)
     
    Invisible Fan likes this.
  19. DaDakota

    DaDakota If you want to know, just ask!
    Supporting Member

    Joined:
    Mar 14, 1999
    Messages:
    124,575
    Likes Received:
    33,571
    This president doesn't ......he is stuck with Manchin undermining his agenda.

    DD
     
  20. Os Trigonum

    Os Trigonum Contributing Member
    Supporting Member

    Joined:
    May 2, 2014
    Messages:
    73,223
    Likes Received:
    111,400
    White House allies split over inflation plan as Biden trains attacks on corporate greed
    The administration has blamed large companies for price increases but some question that approach

    https://www.washingtonpost.com/us-policy/2022/01/10/white-house-inflation-strategy/

    excerpt:

    But the move to blame big firms for the price spikes has divided many supporters of the administration. Senior officials at the Treasury Department, for instance, have been unsettled by the White House’s attempts to blame some large corporations for inflation, skeptical of that explanation for the recent rise in prices, according to four people with knowledge of internal administration dynamics.

    Senior Treasury officials are generally supportive of the White House’s broader antitrust strategy and believe it is possible that corporate consolidation is playing some role in higher prices. But they are wary that the White House’s recent efforts risk going too far.

    “There are some people at Treasury, all the way to the top, that have a very strong analytical bent and recognize there is something to the notion that the lack of contestability in certain markets has driven up prices, but also think that it’s hard to imagine that’s a significant factor in the current surge,” said Eswar Prasad, an economist at Cornell University and former senior official at the International Monetary Fund. “There is unease at Treasury about pushing this line too hard,” he added. “There is a real concern there about this going too far.”

    Over the last month, some Treasury officials have argued privately that the administration should prioritize relaxing tariff duties to ease the price increases hitting American consumers. The administration has not yet done so, in part to avoid surrendering the levies as a negotiating tool against China without securing significant concessions in return, the people said. The Trump administration imposed tariffs on more than two-thirds of what the U.S. imports from China that remain in effect. That represented more than $300 billion a year in goods before the tariffs were enacted.

    Internal analyses by Biden administration economists have also found that lifting the tariffs on China might only minimally alleviate inflation in the United States, which could lead to a “double bind” in which Biden both looks soft on China with little clear benefit to the public, two other people said. The people spoke on the condition of anonymity to reflect private administration talks.

    The tensions reflect the broader challenge facing the Biden administration as it tries to contain the economic and political fallout over inflation with few obvious solutions at hand.
    more at the link
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now