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May 19 2022 02:15pm
Quote (ofthevoid @ 19 May 2022 12:29)
“You will own nothing, and you will be happy”


This.
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May 19 2022 02:55pm
as i alluded to here https://forums.d2jsp.org/topic.php?t=82747482&f=119&p=614499351 the current administration is hell-bent on blaming ‘russia’ and ‘record job growth’ on these inflation levels which havent been seen for 4+ decades (like around when biden started working in the fed govt, and he still is). job growth is strictly related to reopening 1-2+ year closed jobs/businesses due to federal and state mandate. the current admin also said for most of 2021 inflation was transitory anyway. they just didnt define what period of transitory it was (years, not a few weeks)

pre-covid, nov/dec 2019 and jan 2020 we had record actual job numbers, near full-employment, and regular ~2% inflation

https://www.macrotrends.net/countries/USA/united-states/inflation-rate-cpi
U.S. inflation rate for 2019 was 1.81%, a 0.63% decline from 2018
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May 19 2022 03:01pm
Quote (dro94 @ May 19 2022 10:09pm)
I'm cautiously optimistic considering it's so heavily weighted in energy, commodities and transport. A smart government can ease the cost of living through energy subsidies and the higher inflation erodes the insane amount of debt accumulated by the public sector during the pandemic. We've hit the peak in terms of staple commodities and oil production is increasing. It will be a shit 2022 but we'll be ok


"smart government"

there is your problem good sir and you should have noticed by now that at least some of them are not doing anything on purpose

george gammon said it really well, the global elite couldnt fulfill their goals in other ways, now they just price people out of the energy and food markets
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May 19 2022 03:51pm
A lot of young people are seeing no point in having a savings at this point because they'll never be able to buy anything. Its terrible. All you young people are being groomed to be rent cattle for the 1% because it is better for them that way.

Free market fundamentalism, deregulation, Citizens United, all taking us here.

You guys are just complaining because you are losers. Capitalism has built in winners and losers. Put Elon Musk in your ava and just feel like you're apart of something lol.

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May 20 2022 04:22pm
100% forgivable PPP loans were a warm welcome to many wannabe blowhard failed business owners and fraudsters. My wife's boss took $520,000k from the pot, all forgiven, meanwhile she still has student loan debt from a decade ago dogging her. What's worse is the EGO the business owners have with exclaiming how they've had it the hardest... guy is about to build a new house at peak housing market on fresh plot in the city.

This post was edited by RedFromWinter on May 20 2022 04:22pm
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Posts: 57,901
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May 20 2022 04:36pm
Quote (RedFromWinter @ May 20 2022 06:22pm)
100% forgivable PPP loans were a warm welcome to many wannabe blowhard failed business owners and fraudsters. My wife's boss took $520,000k from the pot, all forgiven, meanwhile she still has student loan debt from a decade ago dogging her. What's worse is the EGO the business owners have with exclaiming how they've had it the hardest... guy is about to build a new house at peak housing market on fresh plot in the city.


PPP loan forgiveness without student loan forgiveness is literally class warfare.
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May 20 2022 05:11pm
Quote (Skinned @ 19 May 2022 21:51)
A lot of young people are seeing no point in having a savings at this point because they'll never be able to buy anything. Its terrible. All you young people are being groomed to be rent cattle for the 1% because it is better for them that way.

Free market fundamentalism, deregulation, Citizens United, all taking us here.

You guys are just complaining because you are losers. Capitalism has built in winners and losers. Put Elon Musk in your ava and just feel like you're apart of something lol.


"He's like us" ......
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Jun 10 2022 07:18am
This months inflation report is in

https://www.cnbc.com/2022/06/10/consumer-price-index-may-2022.html

8.6% YTY
Highest number since 1981, surging past estimates and accelerating. Non-food/energy rose 6%. Energy rose 34.6% YTY, including 3.9% the last month alone. Food rose 10.1% YTY. Real wages down 3% YTY.
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Jun 10 2022 07:20am
Quote (Goomshill @ 10 Jun 2022 09:18)
This months inflation report is in

https://www.cnbc.com/2022/06/10/consumer-price-index-may-2022.html

8.6% YTY
Highest number since 1981, surging past estimates and accelerating. Non-food/energy rose 6%. Energy rose 34.6% YTY, including 3.9% the last month alone. Food rose 10.1% YTY. Real wages down 3% YTY.


https://www.usatoday.com/story/money/2022/06/10/inflation-rate-cpi-may-consumer-price-index/7577577001/

“ Inflation unexpectedly hit a new 40-year high in May as gas, food and rent prices surged”
>unexpectedly

these crooks
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Jun 10 2022 07:24am
Quote (excellence @ Jun 10 2022 08:20am)
https://www.usatoday.com/story/money/2022/06/10/inflation-rate-cpi-may-consumer-price-index/7577577001/

“ Inflation unexpectedly hit a new 40-year high in May as gas, food and rent prices surged”
>unexpectedly

these crooks


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