-
Interest rates
CPI is at the highest level in 40 years but its 
cool cause the worst affected segments are all non-essential shit like raw materials, food and fuel 
. -
The
s are closing their ports down to achive "Dinamic-social zero covid with chinese characteristics" 
-
And westoid leaders
unironically think that banning russian oil & gas imports might unironically be a good idea. 
The world is shit 
and its about to get a whole lot shittier 
but I couldnt be happier because Im sharing it with you guys 
and we are about to witness unprecedented levels of seethe together. I love every single one of you 
And remember, if news about funny numbers push you to 
, you probably weren't cut out for this world anyways. Just remember to shout out freeghettohoes.biz in your murder-suicide livestream, its your civic duty 
Jump in the discussion.
No email address required.
Stop being a doomer.
The economy nerds will fix it
Jump in the discussion.
No email address required.
The economy nerds spent 2020 declaring that we can print as much money as we want with no inflationary consequences
Current hyperfixation:
Jump in the discussion.
No email address required.
The money printing has little to do with the global inflation we're seeing.
Jump in the discussion.
No email address required.
Yeah yeah it's the supply chains and oil frickery/downstream effects of the oil frickery but I find it fun to connect it to the money printing because I do not respect macroeconomics as a science and normies aren't really capable of grokking either explanation
Current hyperfixation:
Jump in the discussion.
No email address required.
Even then we have to consider sector spedific deflation - like in travel/tourism and then the rapid inflation that followed demand sky rocketing.
The chip shortages pre-date the pandemic even and were made much worse.
The cost of raw materials started sky rocketing due to trade wars before the pandemic.
My uncle runs a large construction company and was sperging over wood in 2018.
My step dad works in logistics and was sperging and claiming a shit show was coming in 2018, before the pandemic.
Like idk why people are so obsessed with the stimulus.
Jump in the discussion.
No email address required.
Because it's a simple explanation and people here are very simple minded.
Jump in the discussion.
No email address required.
More options
Context
I still hear ppl saying “people don’t want to work anymore, the government pays them too much.”
The stimulus was forever ago like what. Lotta shitty businesses don’t want to accept Amazon is preferable to working for them.
Follower of Christ
Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.
Jump in the discussion.
No email address required.
Exactly lol. No business paying fair market wages is struggling to find workers.
Jump in the discussion.
No email address required.
Yeah I had overheard a lady saying she had to halt her cleaning business b/c people “didn’t want to work … wanted to be paid $20/hr” and “that wasn’t going to happen…” I mean it sure sounds like it did???
Follower of Christ
Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.
Jump in the discussion.
No email address required.
Of course it did lol. The reality is gig work has put a ton of pressure on traditional low end jobs. Why go work for some r-slur for poverty wages when you can uber/dash, make more, not have a boss, and set your own hours?
The reality is these people cannot accept their poverty wages aren't gonna cut it anymore.
We're witnessing a revolution in which plebes, sick of being exploited, are just telling the small business tyrant class to frick off.
Which is ironic given the hatred the gig economy got from the media despite being a far better work environment on average.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
I actually remember a lot of people sperging about lumber not too long ago. Ben shapiro bought like a single piece for 60 bucks or something
Jump in the discussion.
No email address required.
I'm just glad to see he is still capable of acquiring wood.
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
Check the diff between stinulus and quantitative easing.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Based
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Jump in the discussion.
No email address required.
The stimulus had some effect on inflation, lol. It's just not even close to the primary factor.
There's some weird mythology about inflation r-slurs have beat into society that states "inflation is only when you print money" and they'll just edit out every other factor.
For example what is pooled demand? People not spending money during the pandemic due to businesses being closed, anxiety about the future?
What about supply chains?
What about oil?
How much of the inflation is a correction in sector specific deflation?
This isn't even getting into the fact the alterative to the stimulus was economic collapse with unemployment hitting 17%
Jump in the discussion.
No email address required.
It's going to be 2030 and you're still gonna be spewing about temporary supply chain issues being the only cause of inflation. Just give it up already.
Jump in the discussion.
No email address required.
Don't think I said supply chains were the only issue but ok.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
Another totally unr-slurred take from pizzashill
, how long can he keep this up 
@NoEntiendoMas ?
Jump in the discussion.
No email address required.
Just basic reality lol.
The biggest threat we're facing right now is the fed overreacting to inflation via political pressure and causing a recession.
A lot of the things currently causing inflation are problems that will be corrected over time.
Jump in the discussion.
No email address required.
How many weeks do you think it'll take?
Jump in the discussion.
No email address required.
Hard to say tbh, I'd expect it to start leveling out by 2023.
The feds need to strong arm the oil industry.
This bullshit "we'll only increase production by 0-5% no matter the price of oil" drivel is blatantly political.
Jump in the discussion.
No email address required.
Yeah it's kinda BS given the subsidies we give them. We should honestly just make the oil subsidies conditional on raising production. They'd change their tune, they're not dumb.
Jump in the discussion.
No email address required.
One of them literally openly said this shit lol. He was on fox business declaring they were locked into 0-5% production no matter the price per barrel.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Hi
@collectijism,
Your comment has been automatically removed because you forgot to include
trans lives matter.Don't worry, we're here to help! We won't let you post or comment anything that doesn't express your love and acceptance towards the trans community. Feel free to resubmit your comment with
trans lives matterincluded.This is an automated message; if you need help, you can message us here.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
He's grassed Im afraid
Jump in the discussion.
No email address required.
More options
Context
I’ll never forget you in two weeks.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
are you an economist?
Jump in the discussion.
No email address required.
More options
Context
More options
Context
I swear I think he’s taking his current stance just to get me to engage lol
Jump in the discussion.
No email address required.
Id love to see you guys go head to bussy about economics lul
Jump in the discussion.
No email address required.
I would not, his word games are predictable at this point.
Jump in the discussion.
No email address required.
Trying to edit like 80% of the inflation out to reee about a stimulus that even if it increased inflation was the correct move is peak brainlet status.
Jump in the discussion.
No email address required.
Quantitative easing? Whats that
?
Jump in the discussion.
No email address required.
More options
Context
This is barely a sentence, cmon. If I needed an opinion on Florida white trash id call you.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
You are actually brain dead omg
Jump in the discussion.
No email address required.
I'm not is the thing, that's actually the pretty standard consenus.
Jump in the discussion.
No email address required.
lol
Jump in the discussion.
No email address required.
Let me tell you why the stimulus is the primary factor in the global inflation we're seeing and why supply chains, pooled demand, sector specific deflation, and oil are not real.
Jump in the discussion.
No email address required.
I don’t care what you think is real.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
https://fred.stlouisfed.org/graph/?g=KplI
Consensus among politicians?
Jump in the discussion.
No email address required.
No, economists from what I've seen.
Idk why people are so fundamentally incapable of accepting why we're seeing global inflation.
It's like the gas price stuff where people just straight up deny reality and claim the government is preventing drilling.
Even if we decided to ignore the real cause for most inflation, what was the alterative with unemployment hitting 17%?
Let the economy tank?
Jump in the discussion.
No email address required.
Which analysts are you subscribed to? JPM? MS? Credit Suisse? (Lol)
You can drop the act, everyone knows you’re full of shit here
Jump in the discussion.
No email address required.
I mean it seems like you are and kind of just mad about tbh.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
The thing is, Daddy was so intent on being re-elected, saving the economy wasn't enough. It needed to appear to be booming ( because he was a business man doing business) so he told JPow to open the floodgates. And so the major indexes mooned while GDP went to shit and the budget deficit ballooned. But hey, SPY is the economy, right?
This is nothing like the gas price stuff where people just straight up deny reality. Supply chains aren't perfect, but they're not the "real cause of inflation". Happy to read your sources tho.
Jump in the discussion.
No email address required.
https://libertystreeteconomics.newyorkfed.org/2022/01/the-global-supply-side-of-inflationary-pressures/
For example. Like I'm not saying the stimulus had no impact, but supply chains and oil are probably much bigger factors.
Obviously Trump and his attempts to superheat the economy for short term political gain is relevant too.
Jump in the discussion.
No email address required.
More options
Context
FYI this is earlier than Daddy. This goes back to
BernankGreenspan and no politician since has the balls to do what is right.Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
I've seen the standard consensus that this is just the Putin price hike.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
Wrong.
Jump in the discussion.
No email address required.
More options
Context
Then we should print way more of it.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Jump in the discussion.
No email address required.
More options
Context
MMT bah-beh
Jump in the discussion.
No email address required.
More options
Context
Don't worry about that part
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Where is he
Jump in the discussion.
No email address required.
No the plan this time is higher taxes and
less gibswait for the supply chain to fix itselfJump in the discussion.
No email address required.
Higher taxes would help inflation tbf
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Oh don’t fret, he’s raising interest rates by… checks notes, 1/4%. Surely this will reign in the $9T+ we created and stored in
corporate debtfunny bank papers.Jump in the discussion.
No email address required.
I asked him nicely to delay raising them for a few decades. The second they hit 2% Italy ceases to exist and thats where I wanna retire.
Jump in the discussion.
No email address required.
Wouldn't Italty's economy cratering be good for anyone who wants to retire there?
Jump in the discussion.
No email address required.
Only to some degree, public infrastructure still needs to be funded otherwise you're looking at a peninsula wide refugee camp
Jump in the discussion.
No email address required.
Implying it isn’t already
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Yes, what Italy needs is more
SomaliansSicilians coming and fricking up the good farm landJump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
If this frightens you, don't look at China's M2 in USD.
Jump in the discussion.
No email address required.
China has a weird system with 2 currencies (internal and external) that I don’t fully understand. Perhaps intentionally, perhaps not.
Jump in the discussion.
No email address required.
They don't have two currencies. They have a single fiat currency that has two sets of exchange controls: restricted (CNY) and unrestricted (CNH).
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
There's like eight of those on the books for this year. Economy doesn't like sharp corners.
Jump in the discussion.
No email address required.
I don’t envy the job of the man who is tasked with reigning in demand rn
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
God dammit Adolf Putler!!!!
Jump in the discussion.
No email address required.
This angers the
Jump in the discussion.
No email address required.
Nah heck just comment further diwn a comment chain wgere this isnt posted
Jump in the discussion.
No email address required.
More options
Context
More options
Context
im not smart but that high level should lead to high consequences
Jump in the discussion.
No email address required.
More options
Context
Hi
@stringauer,
Your comment has been automatically removed because you forgot to include
trans lives matter.Don't worry, we're here to help! We won't let you post or comment anything that doesn't express your love and acceptance towards the trans community. Feel free to resubmit your comment with
trans lives matterincluded.This is an automated message; if you need help, you can message us here.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Jump in the discussion.
No email address required.
I miss old wsb before it became a bunch of normies and activists.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Brrr.money
Jump in the discussion.
No email address required.
More options
Context
More options
Context
100%, they just have to pull "economy - good" lever. Just two more weeks
Jump in the discussion.
No email address required.
Yes. Some poors may die but the economy demands sacrifice.
Jump in the discussion.
No email address required.
We're making the mother of all omelettes here Jack, can't fret over every egg
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
So are you implying that if we sacrifice every antiworkcel to the economy
style, theres a chance I might afford my own pod one day 
?
Jump in the discussion.
No email address required.
Considering antiworkers probably all pay a net negative in taxes, it’s be a good start.
This morning, Cum went to the park. I went with Coom. And Cum brought Coomer frisbee. At least I think it was Coomers. By the end of the day, Cum started throwing the frisbee to Cumself.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
Yea, it is a vengeful economy
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
LOL this is the fix
Jump in the discussion.
No email address required.
More options
Context
Worked after 2008 it will work now
Jump in the discussion.
No email address required.
More options
Context
More options
Context