[DaleDivine]

Originally Posted by mike1946

Our Monarchy in the UK costs the British taxpayer around £1.20 (about $1.50) per annum per person ...this is less that 0.1 % of what the President of the USA costs the American taxpayer .. Our monarchy attracts a huge amount of foreign tourism and state visits to foreign countries attract a huge bonus for British business ... if we are talking a value for money scenario I know which one I would go for.

Just wondering, do you own property in the USA? If so , why since UK is so great? Also, we have lots of people from UK and European nations coming here to work, Why if it's so much better on the other side of the pond? And the US has probably at least 10 times more tourists than UK...

[MDLNB]

Originally Posted by mike1946

From a purely British perspective I do not see myself as European.

Oh, did Brexit change your status? Just curious.

[tvbound]

Originally Posted by ejp52

Well this time last year gas was around $1.799.

Originally Posted by manaboutown

Worst inflation in 40 years!

Both of those statements are factually incorrect. It really isn't that hard to do a simple search, to find facts and the truth. Then again, it seems more and more people are completely uninterested in facts and the truth, so for some people embellishments/hyperbole are just easier to make - and to believe.

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

Inflation notches a fresh 30-year high as measured by the Fed'''s favorite gauge

[Dana1963]

Originally Posted by DaleDivine

Just wondering, do you own property in the USA? If so , why since UK is so great? Also, we have lots of people from UK and European nations coming here to work, Why if it's so much better on the other side of the pond? And the US has probably at least 10 times more tourists than UK...

Why does this always turn into a p*****g contest about where people are from.

[tvbound]

While predicted that inflation would occur after the worst of the pandemic had passed, it's a shame that those on the lower part of the economic ladder are seeing their increased gains in wages being eroded by it.

https://www.washingtonpost.com/busin...rkers-october/

While there are some levers that can be pulled by those in charge to try and help, there are a lot (such as the world price of crude), that no single person (regardless of their position) - can meaningfully affect. Right now, there is also an effort being made by corporations to try and make up for lost profits since the pandemic started. Ironically, for the +-52% of Americans that own stock in one form or another (individually/mutual funds/pensions/Etc.), the steady rise in stock prices outweigh the cost of inflation. Once again, it is those who don't own stocks - that are being hit the hardest.

[tvbound]

Originally Posted by Dana1963

Why does this always turn into a p*****g contest about where people are from.

Because a lot of people have to feel superior to others, in any way they can find?

[Normal]

OPEC running the show, inflation and a housing crisis…we saw this before in the late 70’s. We will over come it just like we did then. Enjoy life in the Villages and let the young sort out their problems.

[manaboutown]

Originally Posted by tvbound

Both of those statements are factually incorrect. It really isn't that hard to do a simple search, to find facts and the truth. Then again, it seems more and more people are completely uninterested in facts and the truth, so for some people embellishments/hyperbole are just easier to make - and to believe.

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

Accelerating Inflation Spreads Through the Economy - WSJ


Inflation notches a fresh 30-year high as measured by the Fed'''s favorite gauge

And it is just getting started.

Highest Core Inflation in 40 Years Crossing Wall Street

Japan'''s wholesale inflation hits 40-year high as fuel costs spike | Reuters

Fed'''s inflation gauge hits fresh 31-year high as prices continue to soar | Fox Business

Inflation surges to its highest since 1990 : NPR

[tvbound]

Originally Posted by manaboutown

And it is just getting started.

Highest Core Inflation in 40 Years Crossing Wall Street

Japan'''s wholesale inflation hits 40-year high as fuel costs spike | Reuters

Fed'''s inflation gauge hits fresh 31-year high as prices continue to soar | Fox Business

Inflation surges to its highest since 1990 : NPR

As I stated, your statement was incorrect - so thanks for the links proving it. It's the highest inflation in 30 years (as historically measured) - not 40 years. As far as "it's just getting started," you (nor anyone else) - knows that for sure.

[VApeople]

Originally Posted by Michael G.

How is your household coping with the high prices out there?

We don't buy a lot of clothes or groceries or gasoline, so the new inflation has little effect on us.

However, I recall the horrible 1970's when were raising a family, and I hate to see inflation rearing its ugly head.

[manaboutown]

Originally Posted by tvbound

As I stated, your statement was incorrect - so thanks for the links proving it. It's the highest inflation in 30 years (as historically measured) - not 40 years. As far as "it's just getting started," you (nor anyone else) - knows that for sure.

For core inflation it is indeed the highest in 40 years.

Thanksgiving Gas Prices at Least $1.20 More than Last Year

The point is we now are experiencing extremely high inflation, be it the highest in in 30 or 40 years, it is bad news, especially to seniors on fixed incomes.

BTW, it is just getting started. Wait and see!

[Luggage]

Since we've had about six years of the stock market Rising and at least doubling am I would say most people are quite happy

[Luggage]

Yes, I have three children in their 30s, the oldest bought a House ten years ago, now worth well over a million, the middle child just two years ago and still a double in value, but the third child while making six figures cannot afford anything since the average house where they live is at least $500,000. You shouldn't be so snide in your remarks as this really does affect everybody down the line

[Luggage]

Turkey is only $0.49 a pound this week typically Publix sales turkey frozen their brand at $1 .49 per pound I want to see let's just keep the facts straight Charlie

[wamley]

It's a tax everyone, but felt the most by those with less.