How Are You Coping With Inflation?
- Thread starter Monroe Claxton
- Start date
We'll see how reducing food production and oil production affects all those things. I'm sure food shortages were something you anticipated before the Puddin Head was elected.
I've been buying canned meats and soups every time I go to the grocery. Food will keep getting higher and scarcer. It is all over the world due to this WEF global green agenda bs. They are going to make people suffer so they feel good about themselves.
What was gas, milk and lumber in 2019? Seeing if that trending was actually trending…
Gas I see was $2.08, milk $3.45 and lumber down from 2018.
is someone a cherry picker? Or just not know what trending means?
Grocery store is the main place I've noticed it too, I've managed to convince myself that Great Value stuff isn't that bad. The biggest shocker I've noticed is these things are $10 now, pre-covid you could get a bag on sale for $5 or $6.
The bade of honor at Tyson...
"Made with 100% all natural chicken."
Cracks me up every time...
Stagflation may be the best time ever to get filthy rich... if you produce something and control your expenses. Wages and prices are rising while GDP churns.
Go out and sell something in an environment where rising prices are expected while minimizing expenses to the best degree possible and profit. In other words -- the solution to inflation is the same **** you should be doing everyday.
Go out and sell something in an environment where rising prices are expected while minimizing expenses to the best degree possible and profit. In other words -- the solution to inflation is the same **** you should be doing everyday.
You have to be a Trump honk. Gas (until the last couple weeks) dropped only in 2020 because of Covid. Milk has stayed around $3.50 here, and lumber prices have stayed about the same since they peaked in 2020. I’m not sure how anyone can debate this, unless you don’t purchase any of these items. Obama left us in great shape. Trump and Biden have destroyed that.
WTF are you talking about. I’m currently building a house, lumber did not peak in 2020 nor has it been consistent. You can just simply google current lumber prices and then look at the graph of the last 3 years. And inflation didn’t start hitting hard in 2017, what an odd and silly thing to say, as if we all aren’t living in the same country and experiencing the same thing
I didn’t say anything about inflation. I just listed the prices of everyday items from the day Trump took over, to now. Every issue we have, started with Trump and have worsened with Biden. That’s 100% fact.WTF are you talking about. I’m currently building a house, lumber did not peak in 2020 nor has it been consistent. You can just simply google current lumber prices and then look at the graph of the last 3 years. And inflation didn’t start hitting hard in 2017, what an odd and silly thing to say, as if we all aren’t living in the same country and experiencing the same thing
FWIW.. all the High-yield Savings Accounts have been raising their interest rates faster than they removed them a few years ago. Ally's raised it about 4 -5 times in the last few months, from 0.5% to 1.25%.. the latest raise coming this week. It's not a lot, but every $10,000 you have in one of these accounts should get you like $10-15/month.. And, if the rates continue to go up and hit the low 2's.. you could be looking at some nice side money if you put your savings in there.
(1.) Unnecessary COVID shutdowns to ruin a presidency, (2.) the Ukraine war, and (3.) a current president that isn't doing much to help the economy.. are probably the three biggest things that got us to where we are. Trump was spending quite a bit.. sure. But everything he was doing up until COVID was putting us on the right path. The Jobs reports are stellar (and not just because of jobs returning from COVID lolol).. we were hammering China which needed to happen.. From my perspective, things were looking pretty good that Fall.
My wife and I still have same routine. We both work, same incomes, but we're leaving our stock/bond investments alone until we're back above our minimum lines. We let our dividends reinvest every 3 months,buying low, so that will benefit us later. We have extensive cash safely stored and I'll pull out a 20 to help with gas or to lower our dinner bill. It is psychological game for us but this helps us not be annoyed with what the cost is. I know many people are not as fortunate as us but this is how we're handling it.
Good thoughts but I disagree a bit. Lockdowns are mainly issued at city or state levels, not presidential, and the main driver is the virus transmission rates. We have 2 family members down right now with covid. Fortunately they are not needing hospitalization as of yet. Ukraine is one person's fault,Mr. Putin, which is affecting every market. For example, Ukraine can't get much of its wheat to market, and they are like the 5th biggest exporter of wheat. Plus Russia is firing ordinance in some of the fields and burning
them when they can. And lastly, the Fed is tasked with managing the volatility of U.S. markets, not the president. Now I agree that if you believe Yellen is doing a bad job then she was an appointee of Biden. Many think she has responded too slowly, which may very well be true.I gave you 2019 prices, bozo. If they went up in 2018, they went down in 2019. That’s not what we call, trending up.
“November 2019 Highlights: U.S. simple average prices are: $3.45 per gallon for conventional whole milk, $3.39 per gallon for conventional reduced fat 2% milk, $4.06 per half gallon organic whole milk, and $4.06 per half gallon organic reduced fat 2% milk.”
“U.S. average retail gasoline prices in 2019 were slightly lower than in 2018. U.S. regular retail gasoline prices averaged $2.60 per gallon (gal) in 2019, 11 cents/gal (4%) lower than in 2018.”
“In Kentucky have ranged widely over the last few years: $2.31/g in 2020, $2.08/g in 2019, $2.44/g in 2018, $2.24/g in 2017”
lumber: prices moderate in 2019 “Compared to the wild highs of one year ago, lumber prices this week can be described as “moderate.” For this exact week in 2018, the price of benchmark North American construction framing dimension softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr flatlined for several weeks at an astonishing U.S. $622 mfbm. Since then this price has headed mostly downward, fluctuating somewhat earlier in the year as it struggled to find the floor. This week that price level seems to be matching up with those seen in summer 2017.”
Now quit talking out your ***. Especially when prices are easily researched.
Good thoughts but I disagree a bit. Lockdowns are mainly issued at city or state levels, not presidential, and the main driver is the virus transmission rates. We have 2 family members down right now with covid. Fortunately they are not needing hospitalization as of yet. Ukraine is one person's fault,Mr. Putin, which is affecting every market. For example, Ukraine can't get much of its wheat to market, and they are like the 5th biggest exporter of wheat. Plus Russia is firing ordinance in some of the fields and burning
Fair.
But it seems to me the left had no issue using COVID to derail the momentum the president had going. Obviously, we can never prove that. But either way, The Masks and Lockdowns were not all that necessary after the 1st year, and regardless of what the purpose of them was, it absolutely wrecked the market, wages, etc.
As for the Fed and Biden, Biden is still the one who can open and close pipelines. His policies were not on par with what Trump (or a republican) would have done to get the economy going again. But I agree, it's not ALL on him, or any president. Just that some do a better job in some areas than others.
Switching brands
Perdue bagged chicken 3 bucks cheaper than Tyson
Aunt Millie’s bread a couple bucks cheaper than Sara Lee bread
Kroger also has really good digital coupons and weekly deals
Perdue bagged chicken 3 bucks cheaper than Tyson
Aunt Millie’s bread a couple bucks cheaper than Sara Lee bread
Kroger also has really good digital coupons and weekly deals
Why not just buy store brand bread and chicken? Hell some of the best frozen grilled chicken I've ever bought was store brand.
There were lockdowns and masking in Republican states too. Are you trying to say they too were trying to derail the momentum of their lord and savior Donald Trump?
Just use Gas Buddy. You can fake it if that gets you off while looking at Trump pics. But, Gas Buddy doesn’t lie.
There is no Trump cult. Just a bunch of policy voters. But make no mistake, the climate change goofballs are part of a religious cult.
Not a smart thinking man's joke because it's Dollar Tree that upper their prices to $1.25. Dollar General has always sold stuff over $1.
I'm putting off buying a home permanently.
To make a long story short, the parents transferred ownership of their house to my brother and I in a trust (or something like that) a few years ago so the government can't take it to pay off any potential debt when they die, like what happened with my maternal grandparents. Assuming I am still unmarried when they die, which is the goal, I'll just move in there when they die.
Used to have a goal of owning a townhouse of my own, but seems kinda stupid at this point considering they'll more than likely be dead within the next decade.
There are numerous cults — political, religious, or otherwise. The Trump cult is one of the creepiest I’ve ever seen. It’s rampant down here in South Georgia.
I did just finally finish paying off my car loan. That's ~170 a month I'll no longer have to pay.
Received same email as you. I've also got a couple Ally accounts (savings, CD and robo) and own ALLY stock. Stock peaked earlier this year at 52. It currently trades around 34. I purchased around 14.75 during 04/2020. I'm long. Ally robo account performance has been horrible lately for obvious reasons.
With 2-year treasury yields currently around 3.1%, I'd seriously consider short-term bond funds for income. High-yield municipals may represent another option.
Damn, that sounds sweet. We have two vehicles paid off, and one left at $350/month. Only six months left on that one. I keep telling myself I’ll never buy another new one. I think I mean it this time.
I did that years ago and it pays off. Not bragging, just letting you know it’s a great feeling.
I wasn’t bragging either. Just glad to get back to zero car payments. Even better, one more year left on an $1800/month mortgage. ***** gonna get fun after that.
Maybe not here but there are absolutely people that make Trump their entire personality.
Was definitely the cherry on top. However imo the issue started back when Nixon took us off the gold standard. Then Carter and co abused the currency, then so did most every president since not named Reagan. Some were far worse than others, but they contributed. Everything from handouts, bailouts, and everything in between.
We don't need to go back to the gold standard but we need Congress to stop passing budgets and spending measures which aren't funded by tax revenue.
But there aren't Liberals that are just as bad or worse with climate change, abortion, etc?
True. But we started monetizing out debt under Obama, for the first time in our history, and Biden printed 40%+ of every dollar on Earth in just his first 16 months in office.
People aren't understanding the difference between spending and money supply. Not saying you. We used to owe the debt "to ourselves" in the form of bonds. Then people quit buying our bonds. So we just printed the money we needed. Used to be that bond rates would increase to get people to buy our debt. This acted as a check on blind spending. Now there is no connection to bond rates and debt.... or it's very loose at best.
Everyone has spent too much since ww2 ended. But you might be able to afford a million dollar home and I most certainly can't. It would wreck my personal finances if I lived as though I could afford a million dollar home. I might get people to go along with it for a bit. eventually though, people will figure out that my credit is **** and they aren't getting paid back with anything but a cold check.
Oil is pegged to the dollar. Every country that buys oil must hold dollars to buy their oil.... Until recently. What a lot of people aren't seeing is that as more countries quit using the dollar for oil purchases... those dollars are going to work their way back to the US. Inflation is too many dollars chasing too few goods. As those dollars work their way back it will make inflation worse.
People thinking that inflation might stop soon aren't going to like the truth. We are looking at months more of this... and that's only if they stop printing money.