[Two Bills]

Originally Posted by Sabella

We all know who’s fault this is- but we’re not allowed to say.

Orange or Lemon?

[Sabella]

What?

[Sabella]

[QUOTE=Sabella;2180545

What? Sage LOL

[jackandbeth]

Eggs are up everywhere because egg framers lost over 43 million egg laying hens due to the avian flu.

[Causey]

Ten percent for the big guy?

[JGibson]

We’re not allowed to talk about the root cause.

We’re only allowed to blame Walmart.

[DPWM21]

If it is one person’s fault in US…why is every country experiencing same inflation? Does that person cause it over there too? Or does a different person cause it in each country? I traveled to separate continents in 2022 and there is inflation on at least three continents. I am seriously asking as I do not understand and am willing to learn. Thank you.

[golfing eagles]

Originally Posted by DPWM21

If it is one person’s fault in US…why is every country experiencing same inflation? Does that person cause it over there too? Or does a different person cause it in each country? I traveled to separate continents in 2022 and there is inflation on at least three continents. I am seriously asking as I do not understand and am willing to learn. Thank you.

I don't know for sure either, but is it possible the largest economy in the world could have a ripple effect across the globe????? After all, the US spent over $7 trillion on COVID alone, which is more than 7% of the combined GDP of the world. Would seem to be inflationary, not to mention all the unmentionable garbage we spend $$$ on.

[Jazzman]

Originally Posted by RiderOnTheStorm

Ever notice how prices go up instantly but take months, if ever, to drop? Merchants are clearly incentivized to take advantage of the higher margins caused by dropping costs (i.e. lower inflation). Classic example; gas prices. Something happens in the Middle East and pump prices go up over night, even though the new oil takes 3 months to be shipped, refined and delivered to market.

Oil pricing is determined by the futures market. Because the price of a barrel drops today doesn’t mean the price at the pump will go down the very same day.

[Jazzman]

Originally Posted by JGibson

We’re not allowed to talk about the root cause.

We’re only allowed to blame Walmart.

The store most people like to hate, but the parking lots are always full 😎

[Jazzman]

Originally Posted by jimjamuser

Other 1st would countries manage to pay their workers proportionally more than the US does. Maybe compare CEO salaries from those countries to US CEOs to see the REAL PROBLEM.

And the consumers in those countries pay higher costs for goods and services, not to mention the higher sales tax in most countries in the EU for example.

[Janie123]

Originally Posted by rogerrice60

$7:50 / hr

Whatever the market bears… so $7.50 or so today at a food stand, learn something about the business and get a raise as you prove yourself of change jobs in 6 months with new skill set and make $15+ at overpriced coffee shop, learn more about business and economics, maybe in a year, move to Publix and make $50k or more as asst manager, learn some more, get a 2 year degree in finance or business and get a manager position at say Bucce’s making $100k a year, etc…

[melpetezrinski]

Originally Posted by Sabella

We all know who’s fault this is- but we’re not allowed to say.

EXACTLY! I know I have stocked up on food and maintain a 6 month supply of canned goods ever since January 6th. I guess if enough people take these precautions, it will drive up food costs.

[TrapX]

Originally Posted by jimjamuser

Oil prices went up due to Russia attacking the Ukraine. So shipping costs went up and the fed had to raise interest rates to prevent runaway inflation. Also, the Chinese mishandling of their Covid vaccine led to China producing less and shipping less important products like for the US automobile industry.

Oil prices went up when Biden took office. Well before Russia. Biden terminated land leases used for oil and natural gas wells. That reduced the supply. Caused the supply/demand to shift the US into a net oil importer. Now other countries can dictate the price, and it went way up.
Then getting land leases were restricted. So as old wells dry up, no new ones are happening. Lowering supply more. Leases were partially allowed to happen, but on the worst land possible, and no guarantees they won't be revoked again. What CEO would risk trillions of dollars constructing new wells?
Reducing natural gas supply, which powers electricity generation, forces generators to shut off. Oil powered generation is forced online to make up for that. And to generate power to charge all these green electric cars.
Increased oil demand caused gasoline prices to go way up. That raises the cost to transport everything. Manufacturers and farmers pay more to get raw materials. There is a higher cost to get those goods to stores. Costs for equipment needed to manufacture, store, transport, warehouse, display, and sell all go up.
Biden's "green" actions caused a huge portion of this inflation.
And you pay for all of it,

[rustyp]

Originally Posted by TrapX

Oil prices went up when Biden took office. Well before Russia. Biden terminated land leases used for oil and natural gas wells. That reduced the supply. Caused the supply/demand to shift the US into a net oil importer. Now other countries can dictate the price, and it went way up.
Then getting land leases were restricted. So as old wells dry up, no new ones are happening. Lowering supply more. Leases were partially allowed to happen, but on the worst land possible, and no guarantees they won't be revoked again. What CEO would risk trillions of dollars constructing new wells?
Reducing natural gas supply, which powers electricity generation, forces generators to shut off. Oil powered generation is forced online to make up for that. And to generate power to charge all these green electric cars.
Increased oil demand caused gasoline prices to go way up. That raises the cost to transport everything. Manufacturers and farmers pay more to get raw materials. There is a higher cost to get those goods to stores. Costs for equipment needed to manufacture, store, transport, warehouse, display, and sell all go up.
Biden's "green" actions caused a huge portion of this inflation.
And you pay for all of it,

See you after time out