patrick.net

I think it's much more aggressive than that and will f. middle class and poor. F. Fed.

Are you sure that you really don't mean 1.5 years instead of 15?

Even if we get the PLANNED inflation of 2% per year it will compound to over 26% in 15 years.

15 years is a long way off.
I bet Obama thought in 2015 his legacy of shitting on America would endure forever.

The next Maga President will just reverse all of these Fuckhead's elaborate plans.

Onvacation says

Even if we get the PLANNED inflation of 2% per year it will compound to over 26% in 15 years.

yup lol.

at 2%, $1 in 15yrs will be $1.34

Onvacation says

Even if we get the PLANNED inflation of 2% per year it will compound to over 26% in 15 years.

Considering the heavily modified inflation report in April put it at 4.6%, what’s that compounded? If we get 5% a year for five years, that’s 1.05 the first year, 1.05x1.05= 1.10 after two years. (Compounded five years) = 1.27% as many dollars needed to purchase the same goods in five years. Inflation of 27% in five years! And that’s just taking the heavily doctored inflation estimates and projecting them forward a little.

The Fed was designed to introduce inflation into the system.

Under natural conditions things are deflationary. Industry continually looks for ways to do things better for less. However, the math is easier when things go up in price. Also, it makes lending much less restrictive on the borrower.

The Government also likes to screw with older people, perhaps to get them on public assistance so they vote Blue?
Best example: the Consumer Price index is a "basket of goods" that directly determines federal benefits, like Social Security Income. Over the years, this basket has been devalued as container sizes have been reduced. Don't believe me? The standard "can" used to be 16 ounces years ago. Today? 14.5 ounces. Orange Juice? 64 Ounces, but today 59.5. Ice Cream? Haagen Daz used to be a quart (32 oz.), today 28 ounces. They just moved the bottom of the container further up. Turn it upside down and you can see.

So, this weakens the buying power of the dollar EVEN IF YOU GET THE SAME AMOUNT OF MONEY.

Also, when inflation rises, the CPI lags and Congress never gives as much as the real inflation rate, every time. Weakens buying power and inflates away Government obligations every year.

The Ministry of Truth (BLS) does a pretty good job of measuring inflation pertaining to retail consumer products. Yes, they take into account product sizes.

Where they don't do such a good job is where they make hedonistic changes. Like when they say the price of a car going up doesn't count as inflation because there were improvements made to the vehicle that compensates. They also suck at calculating the amount of inflation with regards to medical costs. They have it listed as a very small component of CPI even though as a country about 20% of GDP is spent on medical care. The biggest component of CPI is housing and the fuckers base it nationally. I pity those in Cali getting only CPI size raises over the last 10 years. Higher education costs, yep they miss the boat there as well.

As to inflating government obligations away, hasn't really been much wage inflation to swoosh away government obligations, but with Biden sending out monthly free money that could change.

rocketjoe79 says

Don't believe me? The standard "can" used to be 16 ounces years ago. Today? 14.5 ounces. Orange Juice? 64 Ounces, but today 59.5. Ice Cream? Haagen Daz used to be a quart (32 oz.), today 28 ounces. They just moved the bottom of the container further up. Turn it upside down and you can see.

Not saying I don't believe you, but why the fuck are Americans so fat then? If the containers are shrinking we should be smaller. Or do we just buy more? BOGO deals?

A German friend once told me that it's because of the steroids in US meat. That US meat of all kinds is laced with growth hormones and hormones for putting on weight, because that's what farmers do for maximum profit.

And then it affects the people, according to him.

Shouldn't cooking the meat destroy the roids?

Here's an explanation, though consider the source:

Canada’s Beef Cattle Research Council (BCRC) has collected some interesting stats on the estrogen level in beef.

A 75-gram serving of beef from cattle treated with hormone implants contains two nanograms (ng ~ one billionth of a gram) of estrogen.

“A person would need to eat 3,000,000 hamburgers made with beef from implanted cattle to get as much estrogen as the average adult woman produces every day, or 50,000 hamburgers to get as much estrogen as the average adult man produces every day,” says BCRC’s science director, Dr. Reynold Bergen.

“Beef is a really excellent source of protein, zinc, iron and a lot of other essential nutrients. It’s a really poor source of hormones.”

Considering there are about 45,000 ng of estrogen in 75 grams of white bread, the bun probably has far more estrogen than the beef!

https://www.canadiancattlemen.ca/features/straight-talk-on-hormones-in-beef/

And how many people "cook" bread, other than maybe toasting it?

Since body chemistry is complex, Soy and the phytoestrogens might not have a direct effect. It might be lectins do bad shit to your stomach lining, which does something else, which reduces T at some point in the chain...
https://www.bulletproof.com/diet/healthy-eating/soy-the-good-the-bad-and-the-fermented/

Personally, I suspect a grain by product origin for the T crisis. Also explains why vegetarian/vegan males often experience sex drive collapses, something recognized before scientific studies, it was long known that eating a "Low Diet" was a great way to resist temptation and stay "Continent". Not just among European Monks but in Buddhist countries also.

Misc says

The biggest component of CPI is housing and the fuckers base it nationally.

https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.pdf
"...Housing units are not in the CPI market basket..." this one does not apply to who live in urban areas.

Blue says

Misc says

The biggest component of CPI is housing and the fuckers base it nationally.

https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.pdf
"...Housing units are not in the CPI market basket..." this one does not apply to who live in urban areas.

Yes they are, they call it OER (Owners equivalent rent).