I won’t eat bugs but I sure will eat Bambi and mamma if I have to.
Bambi be so tender eating just saying.
- Thread starter Hobo Hilton
- Start date
Bambi be so tender eating just saying.
There won't be any left. Too many people, too few Bambis. They will be gone within a year or two.
By beans and rice to go with the long pork.
you can survive indefinitely on just the beans and rice if need be
The financial pain will continue.
Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates
Waller did not provide an indication for his expectations on the timing or extent of cuts and said he will “keep that to myself for now” on what specific progress he wants to see on future inflation reports. The FED Reserve people are speaking today... They are waffling.
Fed’s Mester says forecast of 3 rate cuts this year is now probably too many
Cleveland Fed President Loretta Mester on Monday suggested she was thinking about backing away from her prior expectation that the U.S. central bank will cut interest rates three times this year.inflation is too high so they can't cut rates not to mention if they do, housing pricing explodes up again and renting shoots north costing more. Fed should just raise 50bps and the let the dust settle
It's looking like the FED is just going to do nothing and allow inflation to tame inflation. Going to be a hell of a crash landing in the end.
agree, they don't want to do anything and I hope the numbers come in hotter because the sooner they raise the faster the this stops.
They certainly have the rest of the world markets fooled.
Inflation is outpacing retirement income..... Unsustainable.
www.foxbusiness.com
Retirees forced to return to work as inflation eats into savings: 'It's just not enough'
Joyce Fleming and Greg Piazza, two retirees who returned to the workforce due to high living costs, opened up on how inflation has hampered their golden years.
www.foxbusiness.com They’ll just have to pull themselves up by their bootstraps. Possibly eat out less and stop going to Starbucks.Inflation is outpacing retirement income..... Unsustainable.
Retirees forced to return to work as inflation eats into savings: 'It's just not enough'
Joyce Fleming and Greg Piazza, two retirees who returned to the workforce due to high living costs, opened up on how inflation has hampered their golden years.
Welcome to my world..... LOL
Might as well ad this: Get out the scissors and cut all those charge cards in half.
people spend too much money, that is without a doubt. We spend too much, pay too much, think about tomorrow less and that needs to change
What America needs is higher inflation for a longer period of time........ That's going to be the path that leads to deflation.
Kind of like being stung by a jelly fish and finding someone to piss on the area the jelly fish stung.
Inflation = it will only sting for a little while.
Kind of like being stung by a jelly fish and finding someone to piss on the area the jelly fish stung.
Inflation = it will only sting for a little while.
Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
May 31 (Reuters) - U.S. inflation tracked sideways in April, a worrying sign for the Federal Reserve that suggests the elevated pace of price increases could last longer than expected and casts doubt on how soon the central bank will be able to cut interest rates.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's inflation fight or cause jitters if the economy cools too quickly.
"The longer you get the market inflation lingering close to 3%, the harder it is for the Fed to make a case for cutting rates. Certainly there's nothing in these numbers that advances the Fed's rate cutting idea," said Josepth Trevisani, a senior analyst at FXStreet.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's inflation fight or cause jitters if the economy cools too quickly.
"The longer you get the market inflation lingering close to 3%, the harder it is for the Fed to make a case for cutting rates. Certainly there's nothing in these numbers that advances the Fed's rate cutting idea," said Josepth Trevisani, a senior analyst at FXStreet.
The FED Reserve is America's Dead horse.
The Tribal wisdom of the Indians, passed on from generation to generation, says that, “When
you discover that you are riding a dead horse, the best strategy is to dismount.” However, in
government, education, and in corporate America more advanced strategies are often
employed, such as:
• Buying a stronger whip.
• Changing riders.
• Appointing a committee to study the horse.
• Arranging to visit other countries to see how other cultures ride dead horses.
• Lowering the standards so that the dead horses can be included.
• Re-classifying the dead horse as living-impaired.
• Hiring outside contractors to ride the dead horse.
• Harnessing several dead horses together to increase speed.
• Providing additional funding and/or training to increase dead horse’s performance.
• Doing a productivity study to see if lighter riders would improve the dead horse’s
performance.
• Declaring that the dead horse does not have to be fed, it is less costly, carries lower
overhead and, therefore, contributes substantially more to the bottom line of the economy
than do some other horses.
• Rewriting the expected performance requirements for all horses. And of course….
• Promoting the dead horse to a supervisory position.
The Tribal wisdom of the Indians, passed on from generation to generation, says that, “When
you discover that you are riding a dead horse, the best strategy is to dismount.” However, in
government, education, and in corporate America more advanced strategies are often
employed, such as:
• Buying a stronger whip.
• Changing riders.
• Appointing a committee to study the horse.
• Arranging to visit other countries to see how other cultures ride dead horses.
• Lowering the standards so that the dead horses can be included.
• Re-classifying the dead horse as living-impaired.
• Hiring outside contractors to ride the dead horse.
• Harnessing several dead horses together to increase speed.
• Providing additional funding and/or training to increase dead horse’s performance.
• Doing a productivity study to see if lighter riders would improve the dead horse’s
performance.
• Declaring that the dead horse does not have to be fed, it is less costly, carries lower
overhead and, therefore, contributes substantially more to the bottom line of the economy
than do some other horses.
• Rewriting the expected performance requirements for all horses. And of course….
• Promoting the dead horse to a supervisory position.
Termites are eating your house up. The termite inspector just told you "Appears the termite activity has slowed down:"...
Is that a good thing or a bad thing ?
_______________
Is that a good thing or a bad thing ?
_______________
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
When the Government comes out with inflation numbers... All I can do is laugh.
Being on a fixed income forces me to run my own inflation numbers.
I shop once a month for most of my groceries. With all the new scanners, prices are no longer on the items. So, I write the price on them when they go in my basket. Below is an example. Same can of store brand peanuts, bought one month apart.
Last month they were $2.56. This month they were $2.63... That would be a price increase of 2.7% in one month.
Over 12 months the increase would mount up to be 32% (+ / -).
No one is coming to save us.
Being on a fixed income forces me to run my own inflation numbers.
I shop once a month for most of my groceries. With all the new scanners, prices are no longer on the items. So, I write the price on them when they go in my basket. Below is an example. Same can of store brand peanuts, bought one month apart.
Last month they were $2.56. This month they were $2.63... That would be a price increase of 2.7% in one month.
Over 12 months the increase would mount up to be 32% (+ / -).
No one is coming to save us.
Attachments
2.56 and 2.63, I see it, and here I am thinking that is COAL, and then, what is it on a can for, is he sticking his loaded cartridges in a peanut can???
That is the cost per unit that I wrote on the can. If everything in your pantry would have the price on it, you would certainly see "inflation" right before your very eyes.
My ammo also has the prices written on containers. I can see inflation (buying power of the USD) very easily without dragging out a calculator.
Take a paint stick and write the purchase price under the hood of your vehicle... Another good place to track inflation.
Prices are being hidden to appease the average, dumb American.
Lowering the COLA is the Governments goal.
Dip the neck in peanut butter. Gives much better ES, and if you pair it with Vihtavuori, it gives off a wonderful scent when you fire it.
'Is the Fed even driving the bus?'
STORY: Lynch said that deflationary forces of years past, such as "global supply chain expansion" and "freer trade" have been replaced by "regional conflicts flaring up" and a "trade war" - things that are "inflationary in nature.""And so one of the concerns that we have", added Lynch, "is...
start writing down the date, next to price.
It will make you sad, but at least you will know the truth. And keep a can with date and price from 4 years ago. The Media won't tell you this info
Understandable....
Inflation? You wanna talk about inflation? Have you looked up the price of a 1971 Plymouth Barracuda lately???
I recently looked at incomes of American's in 1971. I was on a salary and was driving a company pickup. I was grossing $200 / week. Man, those were the good old days.
________________________________
Median income of the Nation's families went above $10,000 in 1971 for the first time in U.S. history.
The 1971 median family income of $10,290 was about 4 percent higher than the 1970 median of $9,870. However, because of price increases, the 1971 median income was about the same as the 1970 median income in terms of constant dollars.1 Among the 52.3 million families with civilian heads, approximately 64 percent were headed by year-round full-time workers. The median income of these families was $12,440.
Money Income in 1971 of Families and Persons in the United States
This report provides information on the money income in 1971 of families and persons in the United States.
www.census.gov Families were in for a rough time in the 70s.
And that 71 Barracuda was soon used junk that nobody wanted because it sucked too much gas and did not run well on the lower octane formulations that were becoming the norm.
But they sure are expensive cars to buy now!
One year only front grill.
The lowest price one on Hemmings right now is $175k
And that 71 Barracuda was soon used junk that nobody wanted because it sucked too much gas and did not run well on the lower octane formulations that were becoming the norm.
But they sure are expensive cars to buy now!
One year only front grill.
The lowest price one on Hemmings right now is $175k
1970s
cepr.org
Today’s inflation and the Great Inflation of the 1970s: Similarities and differences
The recent commodity price surge, in the wake of Russia’s invasion of Ukraine, has exacerbated already elevated inflationary pressures. A new CEPR Policy Insight argues that over the medium term, as recent shocks unwind, inflation is expected to ease back towards targets, but the Great Inflation...
cepr.org For rough times there were a lot of GTO's, 442'S, Camaro's, Mustang's, 396 Chevelle's and muscle cars on the road in the early 70's .... But, I agree, by the end of the 70's many were replaced by Ford Pinto's as people got married and started families.
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