The Frankish Reich Posted July 13, 2023 Posted July 13, 2023 37 minutes ago, Irv said: Tried taking a loan recently? You must be living under a rock. One man's higher loan rates are another man's higher savings rates. We tilted the economy toward ultra low rates through Federal Reserve intervention ever since 2008. Things are finally getting back to normal rates. 1
Doc Posted July 13, 2023 Posted July 13, 2023 2 hours ago, The Frankish Reich said: tl;dr Journalist Chait says real wages are going up. Critic hits back: paper towels are getting really expensive. Chait mocks that. I don't know about you, but I buy the 12 roll Costco pack. Now $26. Basically 2 bucks a roll. Each roll lasts a week or more in my small household. I'm with Chait here. It's more than just paper towels. A freaking Big Mac is $7.29 where I live. 2
Irv Posted July 13, 2023 Posted July 13, 2023 1 hour ago, The Frankish Reich said: One man's higher loan rates are another man's higher savings rates. We tilted the economy toward ultra low rates through Federal Reserve intervention ever since 2008. Things are finally getting back to normal rates. No. Rates were normal until Bindeflation ***** everything up. You like paying more for everything? Honestly, it's completely unbelievable somebody could be so brainwashed. But it probably doesn't impact someone like you who takes handouts on the backs of the worker. What a mess. 1
The Frankish Reich Posted July 13, 2023 Posted July 13, 2023 1 hour ago, Doc said: It's more than just paper towels. A freaking Big Mac is $7.29 where I live. The entire "travel, restaurant and hospitality" sector has seen some of the biggest price increases. It's labor intensive, and labor costs have gone through the roof. I'm not trying to be the Monopoly man here, but ... broadly speaking these are still discretionary spending categories. 1 minute ago, Irv said: No. Rates were normal until Bindeflation ***** everything up. You like paying more for everything? Honestly, it's completely unbelievable somebody could be so brainwashed. But it probably doesn't impact someone like you who takes handouts on the backs of the worker. What a mess. 1 year CDs? About 5.5 percent. So like I said: if you owe money, not good. If you have money to save and don't like risk, good.
The Frankish Reich Posted July 14, 2023 Posted July 14, 2023 15 hours ago, Irv said: Rates were normal until Bindeflation ***** everything up. You don't remember what savings account/CD rates were after COVID? My bank account was paying a laughable 0.1 percent. I have a CD that is now (thankfully) maturing that I bought when I got all excited that rates were rising again. 18 months, 2.55%. There's nothing "normal" about that. "Normal" over the last 40 years or so was on the order of 4% for short-term savings. 1
B-Man Posted August 3, 2023 Posted August 3, 2023 I PAID 30 CENTS MORE A GALLON TODAY THAN I DID LAST WEEK: Inventories down: Oil that is – black gold, Texas tea. 1
B-Man Posted August 8, 2023 Posted August 8, 2023 LET’S GO BRANDON: Here We Go Again. Gas Prices Jump In Past Month. According to the AAA national average prices, each gallon in your tank has gone from $3.537 to $3.829 during the past month. An increase of almost thirty cents a gallon, a significant spike for a one-month period. https://lidblog.com/here-we-go-again-gas-prices-rise-in-past-month/ 2
B-Man Posted August 9, 2023 Posted August 9, 2023 With gas prices rising, Biden reminds us he's still trying to end 'ALL drilling' In order to convince everybody that the burning of fossil fuels is causing an existential crisis for all of humanity, President Biden fired up a 747 for a flight to Arizona and then took an SUV motorcade to the Grand Canyon to sound the alarm yet again. Biden, Kerry, Gore, et al, remain determined to make man-made climate change the biggest self-fulfilling prophecy in history. During an interview surrounding the White House's current push to convince everybody we're going to die of summer (at least until winter arrives) unless they're allowed to spend trillions more dollars and take an increasing amount of control over people's lives, Biden said he hasn't given up on his quest to end all oil drilling: https://twitchy.com/dougp/2023/08/09/with-gas-prices-rising-biden-reminds-us-hes-still-trying-to-end-all-drilling-n2386124 2
B-Man Posted August 11, 2023 Posted August 11, 2023 Keep Joe out there 'bragging' Bidenomics: Food prices went up 4.9% in July. https://hotair.com/karen-townsend/2023/08/11/bidenomics-food-prices-went-up-4-9-in-july-n570505 2
The Frankish Reich Posted August 14, 2023 Posted August 14, 2023 https://www.nytimes.com/2023/08/03/business/energy-environment/saudi-arabia-oil-production-cut.html Our friends, the Saudis.
Irv Posted August 14, 2023 Posted August 14, 2023 1 minute ago, The Frankish Reich said: https://www.nytimes.com/2023/08/03/business/energy-environment/saudi-arabia-oil-production-cut.html Our friends, the Saudis. Biden's foreign policy. What a mess! $5/gallon coming soon.
TSOL Posted August 14, 2023 Posted August 14, 2023 4 minutes ago, The Frankish Reich said: https://www.nytimes.com/2023/08/03/business/energy-environment/saudi-arabia-oil-production-cut.html Our friends, the Saudis. They are doing it directly because of the green agenda. The Dems should let the transition to green energy happen organically rather than force it, it would be a smoother transition and the country and the world could better prepare for it.
Westside Posted August 14, 2023 Posted August 14, 2023 Goes to show you how the leftists on here do not care about the poor. Food costs more? Eat less!!! They've sold their souls for the leftist agenda. Talk about a cult! 4 1
The Frankish Reich Posted August 14, 2023 Posted August 14, 2023 2 hours ago, TSOL said: They are doing it directly because of the green agenda. Huh? Wouldn't they be increasing supply and keeping oil/gas cheap to keep the West addicted to oil? If the price of oil rises, the higher-priced renewables become more competitive. 1
Irv Posted August 14, 2023 Posted August 14, 2023 41 minutes ago, Westside said: Goes to show you how the leftists on here do not care about the poor. Food costs more? Eat less!!! They've sold their souls for the leftist agenda. Talk about a cult! Venezuelan diet. What a mess. 2
BillsFanNC Posted August 14, 2023 Posted August 14, 2023 46 minutes ago, Westside said: Goes to show you how the leftists on here do not care about the poor. Food costs more? Eat less!!! They've sold their souls for the leftist agenda. Talk about a cult! Let them eat bugs.... 3
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