If thou gazest long into the Pit, the Pit will also gaze into thee

... to the problem. I might be in a better mood tomorrow if I get a good sleep. you can fuck right off if you think it's too much money creating this inflation. You, dog-faced baboon and wanky matt. Not going to even start thinking about talking with you unless you can suggest a couple of other reasons ...

... Not going to even start thinking about talking with you unless you can suggest a couple of other reasons why inflation is caused, other than by excess M1. 1. USdebtClock.org https://i.imgur.com/VsckASd.png but also 7. Killing the Keystone XL pipeline & drilling ...

... 2022: Nasdaq declined by 26.16% S&P 500 declined by 18.15% Bitcoin declined by 57.34% 30 Year Fixed Mortgage Rate: Jan 2021: 2.65% Sep 2022: 6.28% Inflation Jan 2021: 1.4% Sep 2022: 8.3% Day 2 of this jewelry event. The juxtaposition vs. Matt's inferno & all the crime & economic destruction-- all ...

... be the biggest story since 9/11. That’s not going anywhere. It’s not going anywhere. So if you are a Democrat, you are going to get asked about inflation. If you are a Republican, you are going to get asked about Trump. We can say inflation is bad. They can’t say Trump is bad.” He continued, ...

... shit Lsuoma was referring-to. It was this: Lsuoma had blocked me, because I had disputed his claims about Modern Monetary Theory (& the risk of inflation!) And so Lsuoma was making guesses about what-I-must-be-posting, based on Steersman's misleading <SNIP>ed quotes of my posts. From this, Lsuoma ...

https://i.imgur.com/9L1YfJR.jpg " https://www.usinflationcalculator.com/inflation/historical-inflation-rates/ Inflation in January, 2021: 1.4%. Inflation on February, 2022: 7.9% (day of invasion) Current Inflation for May, 2022: 8.6% Increase since ...

Fucking inflation. The gangstas in the shitty Honda Accord downstairs... with a fucking home stereo speaker set-up & blasting on the sidewalk...

cost me $6.99÷12

for that vegan-grain pasture-raised egg out the window.

... Of Opinion. He just "disagrees" that gasoline prices went up in 2021 & 2022. https://youtu.be/_bQTLTIPZ3k Energy Sec. Granholm hasn't heard about Inflation (3-6-9 months) Before Putin Invaded UKR. So no need to address any-such inflation. https://youtu.be/y-1_zc13b1U

... Granholm-- saying the Petroleum Companies & Refineries should do their "patriotic duty" and "increase the supply" of Oil & Gas... to Lower Inflation... right-now when Biden's poll numbers are low... but, also, she says the Biden Admin is still committed to putting the Oil & Gas industry ...

... a rather charitable assessment of Modern Monetary Theory. And a less charitable assessment of how MMT proponents have changed their tune, now that inflation is here. This discussion is concise & easy to follow... (far more-so than Stephanie Kelton's appearance on Jon Stewart's show.) https://www.cato.org/multimedia/cato-daily-podcast/modern-monetary-theory-inflationary-times

.

Jen Psaki Says Biden Will “Assess Every Month” If Americans Will Ever Have To Repay Student Loans

(if it goes on for more than one year-over-year inflation tracking period... that's enough to count as a money-printing 'wage increase'... in my book)

Did someone mention inflation? This post talks about why it is not a classic case of too much money chasing too few goods (i.e. caused by printing money): https://adamtooze.substack.com/p/chartbook-112-inflation-is-hurting Your boy ...

The inflation has indeed picked up due to supply side shortages. Nothing to do with MMT, if that was your point. I know that the neolibs all still decrying and blaming MMT, but with an underproducing economy and supply shortages ...

Bwah ah haha haaa hhaa! New York Times publishes photo of Modern Monetary Theory guru Stephanie Kelton, currently hiding from Inflation in her literal Pillow Fort bunker. https://i.imgur.com/TPFl9IJ.png What does the NY Times articles say? Who fuckin' knows. The Paper of Record stealth-edits ...

How's inflation? I haven't checked in maybe 3, 6, 9 months. Nice (?) deflection there. May 12, 2021 was Nine Months And Four Days ago. Knock-knock/Who'sThere?/Lsuoma'sNewbornBaby :hankey: https://i.imgur.com/prY9aJU.png Lsuoma ...

Misinformation, Disinformation
https://media.patriots.win/post/Pe0rDDfeqiii.png

Pelosi claims that 'the fact that people have jobs' is the cause of inflation. Not Biden's spending, she says.
https://youtu.be/UTP3C21NICk?t=173

... US Citizens it's their own fault if Putin captures them. They're on their own. https://www.youtube.com/watch?v=e9hfxiEYhHk Q: "In July, you said Inflation is going to be temporary." What is your definition of temporary? A: You're being a Wise Guy . https://youtu.be/ZtVVisKkgPE The solution to ...

...conspiracy theories... Matt wrote: ↑ [Inflation] https://www.bloomberg.com/news/articles ... ow-organic https://www.bloomberg.com/news/articles/2021-05-12/consumer-prices-in-u-s-increase-by-most-since-2009?cmpid%3D=socialflow-twitter-markets&utm_medium=social&utm_source=twitter&utm_content=markets&utm_campaign=socialflow-organic ...

Government spending & inflation, federally-assisted human trafficking at the border, covid apartheid, sex-change surgery for first graders, supply chain paternity leave, the justice department declaring parents to be terrorists... these ...

.

Seven shipping containers a swimmin'

Six percent inflation

Five red S-U-Veeees....

Four pa-rade kids

Three needles jabbing

Two masks for masking

and a fau-ci in a burnt tree

Two more weeks-- until the 6-month wake-up call Lsuoma requested in May-- regarding inflation:

Lsuoma wrote ↑
"Yawn. Call me when it's sustained over 3-6-9 months."

https://media.patriots.win/post/FOl5Bfz5.jpeg

... Don't know the company, the client, or what I'll be doing. $450 to $500 per day seems to be the new going rate. Before lockdown, vax mandates, inflation, labor shortages... it was $350 to $400. The woman who hired me-- is someone I've known slightly for 5 years. In that time she has been at ...

... you refused to read. That exchange lasted until 3 months + 3 weeks ago, when your claimed that all the recent govt spending wasn't resulting in Inflation. Your exact words were: Yawn. Call me when it's sustained over 3-6-9 months. You called me & others 'conspiracy theorists'. You broadcast ...

... link)-- to note the Simone Biles gymnastics in Lsuoma's reply. Below are the claims in in Trump ad. Are any of them even in dispute?!... highest inflation rate in years high gasoline prices southern border overrun covid infection rate high US military message went 'woke' Biden claimed Kabul was ...

FTFY. I think you should give "FTFY" a rest. Last time you used "FTFY"-- you were arguing that extra-trillions in govt spending does NOT cause inflation & paying people to stay home does NOT cause wage inflation. Four months later, do you still stand by that claim? :doh: https://i.imgur.com/vnuAbha.png

... anything scarce is sold: rare tasty berries somebody found in the forest. A mildewy porno mag, also found in the forest. These people recognize Inflation, and they see it's getting too expensive for them to subsist. They've promised-away too-many future earnings. They watch TV. They remember ...

... Poor form, Lsuoma. By the way, that last May 11 post, #1919 12:22pm… was a reply to Matt's link, about INFLATION https://i.imgur.com/33ctm3D.png FYI: https://www.bloomberg.com/news/articles/2021-05-12/consumer-prices-in-u-s-increase-by-most-since-2009?cmpid%3D=socialflow-twitter-markets&utm_medium=social&utm_source=twitter&utm_content=markets&utm_campaign=socialflow-organic ...

... of CNN’s “Situation Room,” Senate Budget Committee Chairman Bernie Sanders (I-VT) argued that the $3.5 trillion spending bill won’t add to inflation issues because it will be paid for “significantly by higher taxes on the wealthy and large corporations.” Sanders said, “I am concerned about ...

... US Dollar. Then they printed tons of new sovereign money--- by creating sovereign debt four times as large as their entire annual budget. Their inflation skyrocketed above 365%. So they defaulted on all that debt-- in just 10 months (July 2020). One year after the default, a McDonald's Big Mac ...

How can Japan's inflation be 0.3% when its deficit is 240% of GDP? Service Dog wrote: ↑ ...The specific-to-Japan answer is that Japan is a rather unique form of crony capitalism: there's the deal which is presented to the outside ...

Thursday-before-last, as part of their 6 Trillion Dollar budget proposal, the Biden-Harris Administration released their inflation rate forecast.

Then, nine days later, adjusted their forecast 30% higher.

... making her case that doubling weekly unemployment benefits wouldn't incentivize workers to stay home/ rather than return to work. And she said Inflation wouldn't happen. And she said the the only possible way to get people back to work.. is NOT ending the lockdowns... but, rather, it's the ...

... Labor showed Wednesday. The Consumer Price Index climbed 4.2 percent annually in April. Compared with March, prices rose 0.8 percent. The annual inflation figure is the largest increase since 2008. Economists had forecast a year-over-year gain of 3.6 percent and 0.2 percent for the month. Excluding ...

... this week. The companies say it's costing them more to obtain the materials to produce their goods, so they must also raise their prices as-well. Inflation. Does it make sense for you to hold-on to those vast amounts of Dollars, as they shrink? Or to spend them while they still have buying power. ...

... mention MMT, but he talks about reasons the US Dollar is jeopardizing it's status as the world's reserve currency. And how the Fed is hiding inflation-- by calling 2020/21 a 'transitory event' which doesn't-count... they plan to resume counting inflation if/when it ever settles down. https://www.schiffradio.com/fed-helps-biden-cheat-to-avoid-economic-f/ ...

... Paul sees Kiwi quoting MMT-fans quoting Greenspan, and agrees to cook them all in the same pot: like most “mainstream” economists, misidentifies inflation as a "rise in the price levels." But rising price levels are an effect, not a cause, of inflation. Inflation is the very act of money creation ...

... 24 of his podcast (the follow-up to his interview with Mosler). Which I also posted, several days ago. Spending money into the economy causes inflation? Answer: YES. See my previous posts on this. This time you don't even provide the one-word reply of "bullshit". You just put a question mark ...

... to fight strawmen. Murphy pinned-down Mosler with a specific example: if MMT money-printing were used to fund colonizing Mars, would that cause inflation? Mosler said "Yes", because the resources needed to colonize Mars are scarce: scientists, computer chip designers, labs, spaceship parts, ...

... claims. The simple fact is: Trillions of new dollars were printed: an unprecedented printing-spree. MMT advocates lept-up & declared, 'Look! No inflation! The theories which predicted inflation-- the underlying, foundational Physics of how economies work/ according to the overwhelming consensus ...

3/4″ Plywood Standard:

March 2020 – $37.98 /sheet
February 2021 – $72.49 /sheet
March 2021 – $83.49 /sheet
April 2021 – $95.98 /sheet

252% price inflation

But the government can just print money to pay for the plywood and then add a tax to the plywood to bring down the inflation, right?

... articles today. The first is a tour of the history of Zaire's currency. It has the same appeal as similar stories about other countries' hyper-inflation-- where wheelbarrows of cash barely buy a loaf of bread.... and... while you're haggling about how many millions the bread costs/ thieves ...

Lsuoma wrote: ↑
KiwiInOz wrote: ↑Has that extra $7 trillion resulted in runaway inflation or siphoned existing workers away from existing jobs by bidding up wages? No, but it has widened the gap between the haves and the have YACHTS.
FTFY.

... was to target spending in the financial economy rather than the real economy (left-wing). Has that extra $7 trillion resulted in runaway inflation or siphoned existing workers away from existing jobs by bidding up wages? No, but it has widened the gap between the haves and the have nots. ...

... certain configuration. Like puzzle-pieces in a puzzle. Often, the first piece-- the introduction, the pick-up line-- is the Mystery Of The Missing Inflation. In which we are told that unprecedented Trillions in fresh new money was conjured into existence recently, but the new money defied expectations: ...

I have a sneaking suspicion-- that MMT advocates don't calculate "Inflation" the same way I do. Assume a can of tuna costs $1. And one year later, it costs $1.25. To me, that's 25% annual inflation. When tuna costs $10, that's 1,000% inflation. And, to me, ...

... 40 bucks of loans to the public. To "trickle-down" into the economy, one might say. Economists like Bob Murphy (as Lsuoma noted) predicted hyper-inflation would result. And yet-- it did not. Why not? I think the answer might be in my 2nd post, at the top of this page. I stumbled across that chart ...

... the US Dollar from the set exchange-rate in Gold... and, later, even more MMT-ish, by breaking his promise to resume the gold standard after Inflation was 'whipped'. :dance: Nixon went on teevee & talked MMT happytalk: "I have directed Secretary Connally to suspend temporarily the convertibility ...

... economy (not some arrangement of pixels on one side or the other of an accounting spreadsheet). Most of the commentariat who raise the spectre of inflation at the mere whiff of a Govt deficit are holding onto the discredited Quantity Theory of Money. It is irrelevant to economies with under utilised ...

... economy (not some arrangement of pixels on one side or the other of an accounting spreadsheet). Most of the commentariat who raise the spectre of inflation at the mere whiff of a Govt deficit are holding onto the discredited Quantity Theory of Money. It is irrelevant to economies with under utilised ...

... The Floyds will be created by being spent by the govt to pay the Reparations. After the debt of slavery has been fully paid... if we detect any inflation in the prices of stuff purchased with Floyds... then the govt can offset the inflation by taxing the darkies to give their Floyds back to ...

Is this just the media being sarcastic, I can't tell, or is there an actual belief by national reserve banks that they can escape the usual inflationary effects? My guess is... the academics, media, and AOC-types promoting Modern Monetary Theory... regard MMT as a useful sales-pitch for the ...

... help super-resistant strains develop before we can invent more vaxxes. That wisdom seems to have been forgotten. = Today I saw AOC tweeting about inflation... Saying old Congressmen still think a Hershey Bar costs 5 cents. Just another example of the same people who cast aside longstanding ideas ...

... lights-- so who-knows if I did a good job. They ordered some tacos & guacamole for me & GF... from some place where the bill was $100. Blundering, inflation, mismanagement, litter, incompetence, feral have-nots, government bureaucrats... business as usual.

... but, short of death-- I think there are ways to convert wealth into portable assets-- currencies-- which aren't directly exposed to Fiat Dollar Inflation. I could convert a few thousand bucks into Gold or a Savings Account... or else I could spend it on Dance Lessons. A guy who can dance sexy ...

... of $1 per orange... printing 10 more fiat dollars would cut the value of each dollar in half. BUT! Molyneux has ALSO been stumped... to explain inflation & win the point. I'm not complaining. I feel like I've experienced a mild stroke: euphoria. zen blank mind. subgenius bob-grin. Satisfied ...

... choices. The ship full of idiots colonize a planet & declare tree leaves to be the official currency. They all become obscenely rich, then inflation causes an exchange rate of 3 deciduous forests for 1 ship's peanut. So they decide to burn down the forests, to stabilize the currency. Meanwhile, ...

... so bye to that one. The biggest industry was finance, and that's all packing up and pissing off. The only thing on the up will be prices and inflation. As for tourism, if you think flogging fish and chips with vinegar to the Tower of London tourists is going to make up for the destruction ...

... so bye to that one. The biggest industry was finance, and that's all packing up and pissing off. The only thing on the up will be prices and inflation. As for tourism, if you think flogging fish and chips with vinegar to the Tower of London tourists is going to make up for the destruction ...

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