SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bonefish who wrote (1421490)10/10/2023 6:15:33 AM
From: Doren  Respond to of 1572079
 
> "Seems to be snowballing."

So you're going by "feeling?"

[url=https://www.usinflationcalculator.com/inflation/current-inflation-rates/]Inflation 2013 - 2023 [/url]= 3.7% despite crude oil prices and the war in Ukraine.

1) 3.7 is not that bad. Its one of the lowest rates in the past 50 years. I've seen a lot worse, like after Vietnam. Inflation is how governments pay for wars.

GZERO


2) The fed is intentionally making it worse to suppress buying and encourage saving. The fed members have been appointed by both demo and repub administrations.

3) We spent 10 trillion on two useless wars in the middle east that just made things worse there. Someone has to pay for them = CONSUMERS. I was opposed to the wars from the start.

4) We're about to spend 1.1 trillion for manned space propaganda. Somebody's gotta pay for that too... and its not going to be the people who benefit, like the spoiled kids of the ultra-wealthy who wanna go on a space joyride in Musk or Bezo's spaceships.



To: Bonefish who wrote (1421490)10/11/2023 5:03:13 PM
From: Wharf Rat2 Recommendations

Recommended By
pocotrader
rdkflorida2

  Read Replies (5) | Respond to of 1572079
 
Inflation will continue as long as the world wants to use more energy than we are producing, needs more food to avert mass starvation than is currently reaching the marketplace, and we have many more job openings than workers.