ass for dessert?

Bought several 12 foot 6x6 pieces of lumber for 30 bucks a beam last year at this time for yard projects.

Just bought 10 beams and they were 65+ bucks a piece. Some expensive flower beds :/

People loving all the scraps but stimulus won't help against this inflation. Holy cow.

Replaced 140 feet of shit pipe for $12k over the fall and winter and it destroyed some of my flower beds that were intact.

I've been doing my own stimulus package for my community I think.

This post was edited by Skinned on Mar 27 2021 05:41pm

Dont worry, according to Modern Monetary Theory (MMT), governments can keep borrowing copious amounts, central banks can keep churning out fresh money until the printing presses are red hot - but inflation will still not become an issue because... reasons.

It's almost like we've had a pandemic that really messed with supply, and then super low interest rates that stimulated a ton of demand for lumber and construction.

Nah, gotta be the stimulus.

In all seriousness, I'm totally fine with inflation lol. Inflate away my debt please. Gotta keep cash cheap to keep us spending.

price of lumber is wrecking construction atm

There are already lots of voices from lefty circles arguing that the current level of spending and debt making should and can be kept up for many years to come. I totally get that this magnitude of spending was necessary during the acute phase of the pandemic, but I vehemently disagree with the premise of MMT, namely that we can continue like that without running into really bad consequences at some point.

Inflation sucks because it leads to a very unequal and unfair distribution of the (indirect) debt repayment. Inflation essentially packs the bulk of the burden on the shoulders of the working- and lower-middle classes while affecting the wealthy and those dependent on welfare much less.

Everything in western society from the ground up does that.

We have a lot of expensive problems coming home to roost. Infrastructure will probably reach a critical point in the next 10-20 years, climate change is an absolute must-tackle right now, our social safety nets are tapped.

All of these things we should have been maintaining over the past 40 or so years and we would be reaping the dividends of those investments now, but instead we spent literal trillions of dollars on barely functional fighter jets and overseas occupations.

The fact that we need to spend a shit load in the near future isn't something that's the fault of lefties or the Democrats specifically, it's the fault of Reagan and his neo-liberal ideology being the default mode of thought for both parties for longer than either of us have been alive.

This post was edited by Thor123422 on Mar 27 2021 10:14pm

I stick by my point that it would be unfair, and also potentially destabilizing, to let the lower- and middle-classes shoulder the bulk of this burden. If that's the assessment of where things are - and for the record, I dont even disagree with it! - then effectively taxing the rich is the only acceptable solution, emphasis on "effectively". And that's easier said than done.

This post was edited by Black XistenZ on Mar 27 2021 10:20pm

Basically yeah lol. We need to make the rich pay their fair share. They've gotten an absolutely ridiculous amount of wealth as we've bent more and more to neoliberal policies and people are finally waking up to how crappy that is.

I think the biggest thing is we need to enforce trust laws. That includes social media. Companies are far too large and we're all paying for it. Why do we get in fucking bidding wars for Amazon to locate a factory somewhere? Why are we allowing a private company to get that powerful? That's straight up dystopian.