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Thread: Inflation MEGATHREAD

  1. #121
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    Quote Originally Posted by Buster View Post
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    Herbalife is a legit business doood.
    Got a great investment for you. Do you have an hour and I can change your life.
    Shakeology!

  2. #122
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    Quote Originally Posted by mr2mike View Post
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    Got a great investment for you. Do you have an hour and I can change your life.
    Shakeology!
    Invigaron!

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    Quote Originally Posted by Buster View Post
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    The interesting debate is if this is rebound demand or pure monetary phenomenon.
    Obviously the monetary supply is going to factor in to things quite a bit. But there has been lots of supply chain shortages and disruptions that are also playing into price increases. This whole semi conductor chip shortage is crazy, who would've ever thought a used vehicle would become an appreciating asset.


    Quote Originally Posted by benyl View Post
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    This must solely due to lack of supply rather than demand. I know I have driven less than half of what I normally drive over the last year. I would think there is a fair majority in the same boat.

    Never waste a good crisis.
    It's due to the cost of resources that go in to making a tire, going up in price. The manufacturers are never going to just eat extra overhead costs, they pass that shit on to the customer.

    - - - Updated - - -

    Well my house is officially sold. Downsized about $200k. So I feel like I'm better prepared

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    Quote Originally Posted by ExtraSlow View Post
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    Shit, I didn't understand traditional monetary theory, and now there's a modern version? Is this like the discovery math my kids learn? I don't understand that either. Than gawd I don't need math for teh powrepointz.
    I tend to look at it like playing Sim City back in the 90's and 2000's. If you need more money, just enter a cheat code. It works for a while but if you keep using it it messes everything up.
    Governments across the globe keep entering the cheat code.

  5. #125
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    That's a good way of thinking of it.
    FUNDS

  6. #126
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    Quote Originally Posted by tonytiger55 View Post
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    I tend to look at it like playing Sim City back in the 90's and 2000's. If you need more money, just enter a cheat code. It works for a while but if you keep using it it messes everything up.
    Governments across the globe keep entering the cheat code.
    I haven't read "The Deficit Myth" by Stephanie Kelton yet but it's on my list. I had discredited MMT entirely until yesterday when I heard Steve Keen saying he built a Minsky-inspired model that actually supports the concept on the MacroVoices podcast.

    Steve Keen seems to me like a straight-shooting, down to earth, and brilliant economist so I'm going to try expanding my Austrian views and see if MMT and Austrian Theories can actually work-together to provide a justification better than that of a giant political re-election Ponzi scheme.

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    Quote Originally Posted by davidI View Post
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    I haven't read "The Deficit Myth" by Stephanie Kelton yet but it's on my list. I had discredited MMT entirely until yesterday when I heard Steve Keen saying he built a Minsky-inspired model that actually supports the concept on the MacroVoices podcast.

    Steve Keen seems to me like a straight-shooting, down to earth, and brilliant economist so I'm going to try expanding my Austrian views and see if MMT and Austrian Theories can actually work-together to provide a justification better than that of a giant political re-election Ponzi scheme.
    You will likely find a giant wealth transfer scheme.

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