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Gravydoo II 05-22-2021 08:51 PM

I know there is something stupid happening, but I cannot see it. Its so very nice.

Pulgasari 05-22-2021 09:20 PM

Quote:

Originally Posted by Gravydoo II (Post 3311041)
I know there is something stupid happening, but I cannot see it. Its so very nice.

Inflation is a dumb word people use to misunderstand economics, because they are dumb.

Trust the fed. Trust Powell and Yellen.

G13 05-22-2021 09:57 PM

Quote:

Originally Posted by Pulgasari (Post 3311052)
Inflation is a dumb word people use to misunderstand economics, because they are dumb.

Trust the fed. Trust Powell and Yellen.

lol

hobart 05-22-2021 10:14 PM

G13/Castle literally wrong about everything.

I bet he was telling people how Obama care was going to bankrupt the nation and put everyone on wait lists just like in _______.

Shawk 05-22-2021 10:17 PM

Quote:

Originally Posted by Pulgasari (Post 3311052)
Inflation is a dumb word people use to misunderstand economics, because they are dumb.

Trust the fed. Trust Powell and Yellen.

Exactly.

Right now all fields of industry that depend on electronics are having an issue getting certain types of electronics that their manufacturing or work depend on heavily. This is everywhere, globally.

Car dealerships for instance.. Go talk to any GM of any dealership, they are shitting themselves as there are thousands if not millions of cars that have finished manufacturing but are waiting for 1 piece for their computers.

GPU manufacturing.. Getting a new GPU has become a high class privilege it seems.. This is thanks to things like Ethereum as well, but it is always a combination of things that cause this.

Talk to any Electrician who deals with ordering parts.. They aren't happy.

This isn't only an inflation issue only, that is a byproduct.. it's a supply and demand issue, the demand is extremely high right now while supply is being really badly bottle necked thanks to all sorts of things, not just covid, not just china.. It is crazy.


In response, prices will rise because supply is low and demand is high, the prices obviously go up.. But ya always someone there blaming covid, china, helicopter money, the poor, the rich.. you name it.

HalflingSpergand 05-22-2021 10:25 PM

Expert

unsunghero 05-22-2021 10:37 PM

Quote:

Originally Posted by Shawk (Post 3311070)
Exactly.

Right now all fields of industry that depend on electronics are having an issue getting certain types of electronics that their manufacturing or work depend on heavily. This is everywhere, globally.

Car dealerships for instance.. Go talk to any GM of any dealership, they are shitting themselves as there are thousands if not millions of cars that have finished manufacturing but are waiting for 1 piece for their computers.

GPU manufacturing.. Getting a new GPU has become a high class privilege it seems.. This is thanks to things like Ethereum as well, but it is always a combination of things that cause this.

Talk to any Electrician who deals with ordering parts.. They aren't happy.

This isn't only an inflation issue only, that is a byproduct.. it's a supply and demand issue, the demand is extremely high right now while supply is being really badly bottle necked thanks to all sorts of things, not just covid, not just china.. It is crazy.


In response, prices will rise because supply is low and demand is high, the prices obviously go up.. But ya always someone there blaming covid, china, helicopter money, the poor, the rich.. you name it.

The current economy will always have an extremely strong correlation with the public’s impression of a president, regardless of who his supports try to point the finger at. Food prices are up significantly, among many other things, and people don’t like watching their prices rise

Republicans don’t need to say anything at all. Biden will promise it’s temporary because to say otherwise would only panic anyway

So we’ll see how temporary it is. If it’s not, watch Biden’s popularity plummet. I won’t need to say a thing, but I will anyway

G13 05-22-2021 10:45 PM

Quote:

Originally Posted by hobart (Post 3311069)
G13/Castle literally wrong about everything.

I bet he was telling people how Obama care was going to bankrupt the nation and put everyone on wait lists just like in _______.

Obviously you don't work for a living

Shawk 05-22-2021 10:46 PM

Quote:

Originally Posted by G13 (Post 3311079)
Obviously you don't work for a living

Why did I know this was coming... Oh right, It's G13.

Hey G13.. Do me a favor, define work for me.

G13 05-22-2021 11:48 PM

Quote:

Originally Posted by Shawk (Post 3311080)
Why did I know this was coming... Oh right, It's G13.

Hey G13.. Do me a favor, define work for me.

Something you don't do for a living either


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