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Oh My: March's Inflation Comes In at Negative 0.1%
Unbelievable. There is usually no way to actually reverse inflation. Once the dollar is inflated, you can't deflate it. All you can do is cut the rate of inflation to something acceptable, like 1% or lower. Prices will go up less slowly... but they will not actually fall.
Usually. Almost always. But the last month, prices actually fell 0.1%. This brings the yearly inflation rate down to 2.4%. Note that the Fed's target for an "acceptable" rate of inflation is around 2%. So Trump is on the threshold of officially beating inflation. (Though I wouldn't mind a little more deflation...)U.S. consumer prices fall for first time in almost three years
U.S. consumer prices dipped in March, defying predictions that Trump's proposed tariffs would trigger higher inflation. The decline in the Consumer Price Index marks the first monthly drop in nearly three years--and only the second since inflation spiked under former President Biden. Key Details: March's 0.1% decline in overall prices came as a surprise to economists, who had expected a 0.1% increase. Core prices--excluding food and energy--rose by just 0.1%, well below the 0.3% that had been forecast.
Ooooh, economists being surprised by every single thing that happens is TIGHT!
No one wants actual sustained deflation (a sustained drop in prices over months as the value of the dollar increases). If the value of the dollar starts going up, then simply hoarding dollars becomes a viable investment strategy. Just hang on to your dollars -- they're appreciating in value. This has the bad effect of making investment and risking money in business less desirable. Because what you hope to make from your investment now has to compete with the profit you can make from not spending or investing anything, as your dollars go up in value. But I doubt very much that we're in a deflationary stage. And a 0.1% increase in the value of the dollar for one month is no big deal. It happens from time to time -- just not in a sustained way. Still -- what an enormous change from Biden! Trump didn't just cut the rate of inflation in half, he didn't just bring it all the way down to zero... he actually reduced prices by 0.1%. And how did he do it? Apparently just by stopping the runaway spending under Biden, which all of us have been screaming caused the massive inflation in the first place, as Biden flooded the market with debased dollars he just printed up.
The price of energy dropped 2.4% for the month, led by a sharp 6.3% decline in gasoline. Other falling categories included airfares, used vehicles, motor vehicle insurance, and smartphones. After nearly three years of steady increases, March's report shows that prices aren't just rising more slowly--they're actually falling, marking a reversal in the inflation trend since Trump took office. Diving Deeper: Consumer prices fell in March, delivering a political and economic win for President Donald Trump, who has repeatedly promised to reverse the surge in inflation seen under Biden. The Consumer Price Index dropped 0.1% from February, the first month-over-month decline since mid-2021. The dip defied most economists' expectations and marked a significant shift from the persistent inflation Americans endured under Biden. "Starting on day one, we will end inflation and make America affordable again," Trump had vowed on the campaign trail. March's report gives weight to that promise, as the numbers suggest prices not only stabilized--but in some cases fell.
🚨 NEW: Inflation drops to 2.4%, LOWER than expectations of 2.5%!
— Trump War Room (@TrumpWarRoom) April 10, 2025
Core CPI inflation falls below 3.0% for the first time since March 2021.
Month over Month CPI inflation turns negative.
President Trump is delivering on his pledge to lower prices for the American people! 🇺🇸 🇺🇸 pic.twitter.com/Wel7hTS7iU
Ouch Hakeem. That’s embarrassing. pic.twitter.com/tHIU7fyMQk
— MAZE (@mazemoore) April 10, 2025
WATCH LIVE: Trump holds Cabinet meeting amid tariff fight
— Fox News (@FoxNews) April 10, 2025
https://t.co/6Ki1q10Hpl
Comments
(Jump to bottom of comments)1
Prima Moronus
Posted by: Duke Lowell at April 10, 2025 01:16 PM (2UnvF)
2
Called em
Posted by: Duke Lowell at April 10, 2025 01:17 PM (2UnvF)
3
Incoming all the media apologists who explain why negative inflation is always worse than inflation.
Posted by: joe, living dangerously at April 10, 2025 01:17 PM (B9Prs)
4
Theory:
What drove inflation was the federal government's subsidization of illegal immigrants.
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
Discuss.
What drove inflation was the federal government's subsidization of illegal immigrants.
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
Discuss.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:18 PM (GBKbO)
5
Nood
Posted by: Duke Lowell at April 10, 2025 01:16 PM (2UnvF)
Nooo! The thread was just getting rolling.
Time to revive it's corpse and have a little fun with it.
Posted by: Duke Lowell at April 10, 2025 01:16 PM (2UnvF)
Nooo! The thread was just getting rolling.
Time to revive it's corpse and have a little fun with it.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:18 PM (i24o9)
6
Who's the blonde CNN newscutie?
Posted by: Bulg at April 10, 2025 01:18 PM (77rzZ)
7
The Left's anti-schadenboner is also experiencing record deflation.
Posted by: zombie at April 10, 2025 01:19 PM (pMi6S)
8
In before ten
Posted by: Darth Randall at April 10, 2025 01:19 PM (f1kZG)
9
>>>(Though I wouldn't mind a little more deflation...)
That usually happens AFTER the corpse party.
That usually happens AFTER the corpse party.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:19 PM (i24o9)
10
Deflation is inevitable.
Posted by: subway corpse at April 10, 2025 01:20 PM (/kpQH)
11
If the value of the dollar starts going up, then simply hoarding dollars becomes a viable investment strategy. Just hang on to your dollars -- they're appreciating in value.
This has the bad effect of making investment and risking money in business less desirable. Because what you hope to make from your investment now has to compete with the profit you can make from not spending or investing anything, as your dollars go up in value.
***
Maybe that isn’t such a bad thing? Targeting 2% inflation has destroyed savers and forced trillions into the degenerate casino that is the stock market and the somewhat-less degenerate casino of the bond market.
Stocks go up parabolically, debt goes up, Wall Street profits, everything gets more expensive.
People will still invest if the dollar gains value, but they’ll have to be more cautious.
Risk is far too “cheap” in an easy money economy.
This has the bad effect of making investment and risking money in business less desirable. Because what you hope to make from your investment now has to compete with the profit you can make from not spending or investing anything, as your dollars go up in value.
***
Maybe that isn’t such a bad thing? Targeting 2% inflation has destroyed savers and forced trillions into the degenerate casino that is the stock market and the somewhat-less degenerate casino of the bond market.
Stocks go up parabolically, debt goes up, Wall Street profits, everything gets more expensive.
People will still invest if the dollar gains value, but they’ll have to be more cautious.
Risk is far too “cheap” in an easy money economy.
Posted by: Disinterested FDA Director at April 10, 2025 01:20 PM (l3YAf)
12
Keep cutting out BS in the budget will help even more
Posted by: Skip at April 10, 2025 01:20 PM (aHfB6)
13
6 month low.
Hmmm what happened just about 6 months ago? Bueller? Bueller?
Hmmm what happened just about 6 months ago? Bueller? Bueller?
Posted by: Its Go Time Donald at April 10, 2025 01:20 PM (xHYkz)
14
I had forgotten since the first Trump administration that good economic news is always framed as “unexpectedly [insert good thing here] happened”
Posted by: Ken Hastings at April 10, 2025 01:21 PM (k1CAF)
15
Reduced demand from the deported says Hi.
Posted by: Francis at April 10, 2025 01:21 PM (bbuBP)
16
Deflation! Trump broke the economy! Panic in the streets!!!
Posted by: mikeski at April 10, 2025 01:21 PM (kVDGB)
17
The dread demon deflation!
Posted by: Grump928(C) gasps at April 10, 2025 01:21 PM (jc0TO)
18
Now I can afford an egg?
Posted by: wth at April 10, 2025 01:22 PM (v0R5T)
19
From National Review: Why inflation is actually a good thing and Trump just destroyed the world by taming it.
Posted by: Its Go Time Donald at April 10, 2025 01:23 PM (xHYkz)
Posted by: Grump928(C) gasps at April 10, 2025 01:23 PM (jc0TO)
Posted by: Francis at April 10, 2025 01:23 PM (bbuBP)
22
Deflation! Won't someone think of the balloons?!
Posted by: BeckoningChasm at April 10, 2025 01:23 PM (WPL6O)
23
Bidenomics does it again!
Posted by: ... at April 10, 2025 01:23 PM (RbtEb)
24
Theory:
What drove inflation was the federal government's subsidization of illegal immigrants.
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
Discuss.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:18 PM (GBKbO)
Some inflation, sure. The biggest driver was the covid helicopter money.
What drove inflation was the federal government's subsidization of illegal immigrants.
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
Discuss.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:18 PM (GBKbO)
Some inflation, sure. The biggest driver was the covid helicopter money.
Posted by: Disinterested FDA Director at April 10, 2025 01:24 PM (l3YAf)
Posted by: Bulg at April 10, 2025 01:24 PM (77rzZ)
26
Speaking of ballons, the chinese spy type have stopped for some reason.
Posted by: Francis at April 10, 2025 01:24 PM (bbuBP)
27
Getting a few million illegals out will do wonders for grocery and housing prices.
Posted by: Thomas Paine at April 10, 2025 01:24 PM (2YxH9)
28
What drove inflation was the federal government's subsidization of illegal immigrants.
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
Discuss.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:18 PM (GBKbO)
It certainly didn't help.
Prices will naturally rise when millions of additional people are chasing after the same resources (rent, medical care, food, etc.)
But with most things, I think a combination of monetary and fiscal policies were / are the prime drivers.
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
Discuss.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:18 PM (GBKbO)
It certainly didn't help.
Prices will naturally rise when millions of additional people are chasing after the same resources (rent, medical care, food, etc.)
But with most things, I think a combination of monetary and fiscal policies were / are the prime drivers.
Posted by: Harry Paratestes at April 10, 2025 01:24 PM (uCjyK)
29
Incoming all the media apologists who explain why negative inflation is always worse than inflation.
Posted by: joe, living dangerously at April 10, 2025 01:17 PM (B9Prs)
It's market manipulation! He's enriching the richest among us! The lives of average Americans aren't improved by lower prices! Gaia, why have you beset me with this man? -- Democrats
Posted by: joe, living dangerously at April 10, 2025 01:17 PM (B9Prs)
It's market manipulation! He's enriching the richest among us! The lives of average Americans aren't improved by lower prices! Gaia, why have you beset me with this man? -- Democrats
Posted by: I used to have a different nic at April 10, 2025 01:24 PM (ExV1e)
30
Libs will hate this one simple trick
Posted by: Iasonas at April 10, 2025 01:24 PM (dFLvq)
31
Some inflation, sure. The biggest driver was the covid helicopter money.
The Federal budget is now 50% higher than it was in 2019.
Fifty Percent.
The Federal budget is now 50% higher than it was in 2019.
Fifty Percent.
Posted by: The ARC of History! at April 10, 2025 01:25 PM (xTIDn)
Posted by: tcn in AK at April 10, 2025 01:25 PM (eQO/Z)
33
I would think a slight deflation of 1% a year wouldn’t lead to dollar hoarding.
Posted by: MAGA_Ken at April 10, 2025 01:25 PM (UMMMY)
34
27 Getting a few million illegals out will do wonders for grocery and housing prices.
Posted by: Thomas Paine at April 10, 2025 01:24 PM (2YxH9)
======
"My contracted rent hasn't gone down, but new rents in other places are. This is Trump's fault! He's targeting me!"
-Lefty nobody
Posted by: Thomas Paine at April 10, 2025 01:24 PM (2YxH9)
======
"My contracted rent hasn't gone down, but new rents in other places are. This is Trump's fault! He's targeting me!"
-Lefty nobody
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:25 PM (GBKbO)
35
Hi all! Busy morning, again. Windows are open, sun is shining, I am sneezing. But the kitties are loving the open windows so open they will stay.
Posted by: Piper at April 10, 2025 01:25 PM (p4NUW)
36
The Dow has now given back a very sizable chunk (1850 points, 4.4%) of what it gained yesterday. Is that good or bad? Beats me. It is another buying opportunity if this holds.
Posted by: Grigory Potemkin at April 10, 2025 01:25 PM (xCA6C)
37
No one wants actual sustained deflation
-----
I do.
I'm so old that I remember when saving money was considered virtuous. Not that I actually did it myself, of course...
-----
I do.
I'm so old that I remember when saving money was considered virtuous. Not that I actually did it myself, of course...
Posted by: Oddbob at April 10, 2025 01:25 PM (/y8xj)
38
In channeling Paul Krugman for you all:
NO!!! DEFLATION IS GOING TO DESTROY US ALL JUST LIKE IT DID UNDER FDR!!
NO!!! DEFLATION IS GOING TO DESTROY US ALL JUST LIKE IT DID UNDER FDR!!
Posted by: Kindltot at April 10, 2025 01:26 PM (D7oie)
39
Wow. The inflation really WAS transitory!
Posted by: ... at April 10, 2025 01:26 PM (RbtEb)
40
Every year the government spends $4 trillion dollars. That’s just the feds. Then a few more trillion by state and local governments.
And you say we have an inflation problem?
And you say we have an inflation problem?
Posted by: Its Go Time Donald at April 10, 2025 01:26 PM (xHYkz)
41
39 Wow. The inflation really WAS transitory!
Posted by: ... at April 10, 2025 01:26 PM (RbtEb)
=======
The only constancy is change.
Posted by: ... at April 10, 2025 01:26 PM (RbtEb)
=======
The only constancy is change.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:26 PM (GBKbO)
42
Ace: "Ooooh, economists being surprised by every single thing that happens is TIGHT!"
To be fair, their record of predicting the past is pretty good, so there's that. The Expert Class is especially good at that, and the economists usually include a caveat or two to hedge. So, Magic 8-Ball >>> Economists > Expert Class.
To be fair, their record of predicting the past is pretty good, so there's that. The Expert Class is especially good at that, and the economists usually include a caveat or two to hedge. So, Magic 8-Ball >>> Economists > Expert Class.
Posted by: AnonyBotymousDrivel at April 10, 2025 01:26 PM (gLikB)
43
Japan has been in a deflationary death spiral for decades, yet their standard of living is the envy of the civilized world.
Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov at April 10, 2025 01:26 PM (wBaIH)
44
20 No one wants actual sustained deflation
I do.
Posted by: Grump928(C) gasps at April 10, 2025 01:23 PM (jc0TO)
Yeah, I've become more deflation-curious in recent years.
I know the traditional view is we need constant inflation, and deflation is the worst thing since Hitler.
But uh... I'm not convinced.
Would people REALLY put off buying food because it might be slightly less expensive in a month? Or a car? Or a house?
And if so -- is that really a bad thing? Isn't it preferable to be a "saver's economy" (like Japan traditionally has been) compared to an economy driven by consumer consumption (which is really a debt-driven economy)?
I do.
Posted by: Grump928(C) gasps at April 10, 2025 01:23 PM (jc0TO)
Yeah, I've become more deflation-curious in recent years.
I know the traditional view is we need constant inflation, and deflation is the worst thing since Hitler.
But uh... I'm not convinced.
Would people REALLY put off buying food because it might be slightly less expensive in a month? Or a car? Or a house?
And if so -- is that really a bad thing? Isn't it preferable to be a "saver's economy" (like Japan traditionally has been) compared to an economy driven by consumer consumption (which is really a debt-driven economy)?
Posted by: Harry Paratestes at April 10, 2025 01:26 PM (uCjyK)
45
] Now I can afford an egg?
Posted by: wth at April 10, 2025 01:22 PM (v0R5T)
Yes, but just one.
Depends. You can pay for the white now, and get the yolk on an installment plan.
Posted by: wth at April 10, 2025 01:22 PM (v0R5T)
Yes, but just one.
Depends. You can pay for the white now, and get the yolk on an installment plan.
Posted by: Grigory Potemkin at April 10, 2025 01:26 PM (xCA6C)
46
Not 4 trillion. 7 trillion.
Posted by: Its Go Time Donald at April 10, 2025 01:27 PM (xHYkz)
47
Trump is dropping inflation like it's a corpse on a Subway.
Posted by: Aetius451AD work phone at April 10, 2025 01:27 PM (8HNt+)
48
Some inflation, sure. The biggest driver was the covid helicopter money.
Posted by: Disinterested FDA Director at April 10, 2025 01:24 PM (l3YAf)
I agree completely. -- ongoing TARP payments
Posted by: Disinterested FDA Director at April 10, 2025 01:24 PM (l3YAf)
I agree completely. -- ongoing TARP payments
Posted by: I used to have a different nic at April 10, 2025 01:27 PM (ExV1e)
49
>>>In channeling Paul Krugman for you all:
>>>NO!!! DEFLATION IS GOING TO DESTROY US ALL JUST LIKE IT DID UNDER FDR!!
Shut your cakehole and get back to figuring out who put child porn on your computer.
>>>NO!!! DEFLATION IS GOING TO DESTROY US ALL JUST LIKE IT DID UNDER FDR!!
Shut your cakehole and get back to figuring out who put child porn on your computer.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:27 PM (i24o9)
50
I would think a slight deflation of 1% a year wouldn’t lead to dollar hoarding.
Posted by: MAGA_Ken at April 10, 2025 01:25 PM (UMMMY)
It would be devastating to massive debtors (US Government) and to industries dependent on financial bubbles (Wall Street) so it won’t happen.
Posted by: MAGA_Ken at April 10, 2025 01:25 PM (UMMMY)
It would be devastating to massive debtors (US Government) and to industries dependent on financial bubbles (Wall Street) so it won’t happen.
Posted by: Disinterested FDA Director at April 10, 2025 01:27 PM (l3YAf)
51
Nooo! The thread was just getting rolling.
Time to revive it's corpse and have a little fun with it.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:18 PM
One can save a lot of money embracing necrophilia.
Time to revive it's corpse and have a little fun with it.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:18 PM
One can save a lot of money embracing necrophilia.
Posted by: J. Random Moron at April 10, 2025 01:27 PM (0sNs1)
52
Inflation is what gives the Federal Reserve their power.
Posted by: Grump928(C) gasps at April 10, 2025 01:27 PM (jc0TO)
53
The US dollar being the de facto “reserve currency” has been a bit of a curse. It has allowed Washington to export monetary inflation, and at least dampen inflation domestically.
Offshoring whole swaths of industry overseas has allowed corporations to remain highly profitable at the expense of mainstreet. Inshoring millions of illegals has cratered wages, which have remained stagnant since 1975
Both parents (what few remain) have to work just to keep their heads above water. The schools are merely glorified baby sitters, who now deign to groom them for immoral purposes, when they aren’t being molded into good little socialist foot soldiers.
Offshoring whole swaths of industry overseas has allowed corporations to remain highly profitable at the expense of mainstreet. Inshoring millions of illegals has cratered wages, which have remained stagnant since 1975
Both parents (what few remain) have to work just to keep their heads above water. The schools are merely glorified baby sitters, who now deign to groom them for immoral purposes, when they aren’t being molded into good little socialist foot soldiers.
Posted by: Common Tater at April 10, 2025 01:27 PM (PIUjZ)
54
43 Japan has been in a deflationary death spiral for decades, yet their standard of living is the envy of the civilized world.
Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov at April 10, 2025 01:26 PM (wBaIH)
Maybe so, but the Japanese are weird.
Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov at April 10, 2025 01:26 PM (wBaIH)
Maybe so, but the Japanese are weird.
Posted by: tcn in AK at April 10, 2025 01:27 PM (eQO/Z)
55
It will be interesting to hear the network talking heads now talk about how high inflation is actually the greatest thing ever.
Posted by: Ashley Judd's Puffy Scamper at April 10, 2025 01:28 PM (k1E2D)
56
Would people REALLY put off buying food because it might be slightly less expensive in a month? Or a car? Or a house?
—
Obviously not food. A house? Absolutely.
And because of that home builders won’t build anything because they know nothing will sell. Which means nobody is employed in construction.
It’s a vicious circle. You don’t want it.
—
Obviously not food. A house? Absolutely.
And because of that home builders won’t build anything because they know nothing will sell. Which means nobody is employed in construction.
It’s a vicious circle. You don’t want it.
Posted by: Its Go Time Donald at April 10, 2025 01:28 PM (xHYkz)
57
I heard today that gas might be as low as $2.29 by the end of next month around here and that some fracking operations will be below break-even at $40.00 / barrel and shut down.
Helps biggly with inflation.
Except in California, where it will be $6.99 at the pump.
I heard today that gas might be as low as $2.29 by the end of next month around here and that some fracking operations will be below break-even at $40.00 / barrel and shut down.
Helps biggly with inflation.
Except in California, where it will be $6.99 at the pump.
Posted by: Auspex at April 10, 2025 01:28 PM (j4U/Z)
58
Ya know, if you progs have had your Scrooge dreems, how bout disgorging your ill gotten gains before. Well, check the literature.
Posted by: Deplorable Minion at April 10, 2025 01:28 PM (QSrLX)
59
6 Who's the blonde CNN newscutie?
Posted by: Bulg at April 10, 2025 01:18 PM (77rzZ)
Notice how she is never smiling?
Posted by: Bulg at April 10, 2025 01:18 PM (77rzZ)
Notice how she is never smiling?
Posted by: Diogenes at April 10, 2025 01:29 PM (W/lyH)
60
Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov
You forgot "dropping dead from overwork," and "not reproducing."
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov
You forgot "dropping dead from overwork," and "not reproducing."
Posted by: Bulg at April 10, 2025 01:29 PM (77rzZ)
61
Eggs and gas will do that.
Posted by: Itinerant Alley Butcher at April 10, 2025 01:29 PM (UzriI)
62
The biggest driver was the covid helicopter money.
Posted by: Disinterested FDA Director
What do you mean 'was'? The money is still going out, and courts are fighting to keep them going.
Posted by: Disinterested FDA Director
What do you mean 'was'? The money is still going out, and courts are fighting to keep them going.
Posted by: Thomas Paine at April 10, 2025 01:29 PM (2YxH9)
63
President Trump is delivering on his pledge to lower prices for the American people!
--------
I love the smell of corpse rape in the morning. It smells like... victory.
--------
I love the smell of corpse rape in the morning. It smells like... victory.
Posted by: ... at April 10, 2025 01:29 PM (RbtEb)
64
There is usually no way to actually reverse inflation. Once the dollar is inflated, you can't deflate it.
Asset forfeiture will help. Disappearing the Eurodollars (foreign aid) will help.
This is the first time in all my 2.9 decades that the fixed-income folks come out ahead.
Asset forfeiture will help. Disappearing the Eurodollars (foreign aid) will help.
This is the first time in all my 2.9 decades that the fixed-income folks come out ahead.
Posted by: t-bird at April 10, 2025 01:29 PM (lHpdB)
65
Japan has had deflation with population decline. It’s sustainable. Deflation with population increase? Not so much.
Posted by: Its Go Time Donald at April 10, 2025 01:30 PM (xHYkz)
66
I expect we will be getting tweets on how inflation is the sign of a roaring economy.
Posted by: Aetius451AD work phone at April 10, 2025 01:30 PM (8HNt+)
67
has the BLS been taken over by Trumpy sycophants or appointees? Trusting ANY statistical information coming out of this Administration is near impossible for me.
Give it a month. Trump didn't remove the tariffs. He reduced them to 10%. And increased the tariffs on China to 125%. No one seemed to notice the tariffs stayed at the 10% level, but it seems lower, so the market thinks it's a big improvement. That's how you boil a frog.
This "on again, off again" tariffs thing has been triggering the markets ever since he first announced them and then delayed them several times. As stocks bounce up and down like a yo-yo, there are tremendous fortunes to be made by those who are privy to his next decision...like Putin. Trump's actions might well be helping to reverse Russia's long stretch of economic adversity.
Inflation eases when people stop buying stuff.
Thank you Joe Biden. And I'm sorry American voters screwed it all up by voting for the Dump Administration.
Give it a month. Trump didn't remove the tariffs. He reduced them to 10%. And increased the tariffs on China to 125%. No one seemed to notice the tariffs stayed at the 10% level, but it seems lower, so the market thinks it's a big improvement. That's how you boil a frog.
This "on again, off again" tariffs thing has been triggering the markets ever since he first announced them and then delayed them several times. As stocks bounce up and down like a yo-yo, there are tremendous fortunes to be made by those who are privy to his next decision...like Putin. Trump's actions might well be helping to reverse Russia's long stretch of economic adversity.
Inflation eases when people stop buying stuff.
Thank you Joe Biden. And I'm sorry American voters screwed it all up by voting for the Dump Administration.
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 10, 2025 01:30 PM (JCZqz)
68
I have never been more impressed by a cabinet than this one. RFK, jr., Rubio, Tulsi, et al. are working for America. They are disrupting the Progressive slide into unaccountability, hopefully arresting it and reversing it.
Posted by: Eric Clapton at April 10, 2025 01:30 PM (47/pr)
Posted by: Oddbob at April 10, 2025 01:30 PM (/y8xj)
70
Here is glorious commie Washington State, gas went up again, thanx to yet another new tax, and eggs remain almost $7 a dozen.
Posted by: Diogenes at April 10, 2025 01:30 PM (W/lyH)
71
Eggs and gas will do that.
Posted by: Itinerant Alley Butcher at April 10, 2025 01:29 PM
Egg farts are the worst.
Posted by: Itinerant Alley Butcher at April 10, 2025 01:29 PM
Egg farts are the worst.
Posted by: Grump928(C) at April 10, 2025 01:30 PM (jc0TO)
72
Would people REALLY put off buying food because it might be slightly less expensive in a month? Or a car? Or a house?
And if so -- is that really a bad thing? Isn't it preferable to be a "saver's economy" (like Japan traditionally has been) compared to an economy driven by consumer consumption (which is really a debt-driven economy)?
Posted by: Harry Paratestes at April 10, 2025 01:26 PM (uCjyK)
The problem, theoretically, is that if everyone puts off buying things then people lose their jobs because no one is buying things.
And if so -- is that really a bad thing? Isn't it preferable to be a "saver's economy" (like Japan traditionally has been) compared to an economy driven by consumer consumption (which is really a debt-driven economy)?
Posted by: Harry Paratestes at April 10, 2025 01:26 PM (uCjyK)
The problem, theoretically, is that if everyone puts off buying things then people lose their jobs because no one is buying things.
Posted by: I used to have a different nic at April 10, 2025 01:30 PM (ExV1e)
73
Notice how she is never smiling?
Posted by: Diogenes
But what's her name? I can probably find images of her smiling online.
Posted by: Diogenes
But what's her name? I can probably find images of her smiling online.
Posted by: Bulg at April 10, 2025 01:30 PM (77rzZ)
74
Off sock
Posted by: Minuteman at April 10, 2025 01:30 PM (47/pr)
Posted by: OneEyedJack at April 10, 2025 01:30 PM (FCbAQ)
76
What was the result of the Jim Cramer Adjustment on this expectation before the actual numbers came out, BTW? Inflation = Inflation * 1,392%?
Posted by: AnonyBotymousDrivel at April 10, 2025 01:31 PM (gLikB)
77
One can save a lot of money embracing necrophilia.
Posted by: J. Random Moron at April 10, 2025 01:27 PM (0sNs1)
Going Dutch for dinner?
Posted by: J. Random Moron at April 10, 2025 01:27 PM (0sNs1)
Going Dutch for dinner?
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:31 PM (i24o9)
78
What drove inflation was the federal government's subsidization of illegal immigrants.
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
I think there's also a significant element of "printing money just to funnel into Democrats' pockets" (and Mitch McConnell and Dan Crenshaw and other usual suspects).
Throwing a shit ton of cash into the pot while artificially increasing the population at the same time.
I think there's also a significant element of "printing money just to funnel into Democrats' pockets" (and Mitch McConnell and Dan Crenshaw and other usual suspects).
Posted by: Ian S. at April 10, 2025 01:31 PM (2ocoG)
79
Deflation isn't a bad thing, yes, saving money is more attractive, especially if you are waiting for prices to come down on some specific purchase, but the main thing is that you don't HAVE to spend your money on some real item like bicycles or lightbulbs (last days of the Soviet Union style) to keep some of the value of your money from inflation, you can just keep money - which is the actual purpose of money!!!
Secondly, Krugman's fear that everyone waiting on prices so they keep their money until the price of everything craters and we give up spending and have to live on sunlight like plants implies that everyone has infinite time preference, and has no immediate need. Which is bosh because things always need to be replaced, and we eventually need some sort of equipment, and then the upward swing starts again.
The US was deflationary from the end of the civil war through the 1890's and we survived quite well.
Secondly, Krugman's fear that everyone waiting on prices so they keep their money until the price of everything craters and we give up spending and have to live on sunlight like plants implies that everyone has infinite time preference, and has no immediate need. Which is bosh because things always need to be replaced, and we eventually need some sort of equipment, and then the upward swing starts again.
The US was deflationary from the end of the civil war through the 1890's and we survived quite well.
Posted by: Kindltot at April 10, 2025 01:31 PM (D7oie)
80
67 This "on again, off again" tariffs thing has been triggering the markets ever since he first announced them and then delayed them several times. As stocks bounce up and down like a yo-yo, there are tremendous fortunes to be made by those who are privy to his next decision...like Putin. Trump's actions might well be helping to reverse Russia's long stretch of economic adversity.
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 10, 2025 01:30 PM (JCZqz)
========
Yeah, you don't need secret access.
Buy low. Sell high the next day. You'll make money.
You don't need to predict things beyond "massive seesaws".
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 10, 2025 01:30 PM (JCZqz)
========
Yeah, you don't need secret access.
Buy low. Sell high the next day. You'll make money.
You don't need to predict things beyond "massive seesaws".
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:31 PM (GBKbO)
81
Did that CNN guy just say that lower inflation was "moving in the right direction"?! He is not on the team!
Posted by: t-bird at April 10, 2025 01:31 PM (Ez0wT)
82
To be fair, their record of predicting the past is pretty good, so there's that. The Expert Class is especially good at that, and the economists usually include a caveat or two to hedge. So, Magic 8-Ball >>> Economists > Expert Class.
Posted by: AnonyBotymousDrivel at April 10, 2025 01:26 PM (gLikB)
I've been reading through the JFK files slowly. Most of them don't have anything to do with JFK. But one thing that is striking to me is how confidentially WRONG the CIA was on pretty much every geopolitical situation they were filing reports on in the 1960's and 1970's.
For example, the CIA said with high confidence in the fall of 1962 that the USSR would never put nuclear weapons in Cuba.
Of course, a month later the USSR did.
It makes me wonder ... are these experts really just confident idiots? Or are they lying? Or both?
How can you have such high confidence in a negative like that? It makes more sense to me that they were lying to try to manipulate JFK in to invading Cuba (the Soviets won't respond in any way), but it's also possible that these people are all truly idiots. But confident idiots.
Posted by: AnonyBotymousDrivel at April 10, 2025 01:26 PM (gLikB)
I've been reading through the JFK files slowly. Most of them don't have anything to do with JFK. But one thing that is striking to me is how confidentially WRONG the CIA was on pretty much every geopolitical situation they were filing reports on in the 1960's and 1970's.
For example, the CIA said with high confidence in the fall of 1962 that the USSR would never put nuclear weapons in Cuba.
Of course, a month later the USSR did.
It makes me wonder ... are these experts really just confident idiots? Or are they lying? Or both?
How can you have such high confidence in a negative like that? It makes more sense to me that they were lying to try to manipulate JFK in to invading Cuba (the Soviets won't respond in any way), but it's also possible that these people are all truly idiots. But confident idiots.
Posted by: Harry Paratestes at April 10, 2025 01:32 PM (uCjyK)
83
There is usually no way to actually reverse inflation. Once the dollar is inflated, you can't deflate it.
-
It can be done if the fed shrinks the money supply.
-
It can be done if the fed shrinks the money supply.
Posted by: Thomas Paine at April 10, 2025 01:32 PM (2YxH9)
84
Bidenflation was caused by Bidenspending
The DOGE stuff actually reduced spending for the first time in forever so it makes sense inflation dropped.
The DOGE stuff actually reduced spending for the first time in forever so it makes sense inflation dropped.
Posted by: 18-1 at April 10, 2025 01:32 PM (t0Rmr)
85
And if so -- is that really a bad thing? Isn't it preferable to be a "saver's economy" (like Japan traditionally has been) compared to an economy driven by consumer consumption (which is really a debt-driven economy)?
Posted by: Harry Paratestes at April 10, 2025 01:26 PM (uCjyK)
Exactly. We’re a debt-driven, consumption-fueled economy. It’s a huge part of why we’re addicted to cheap Chinese crap.
When your primary measures of economic well-being are entirely based on quantifications of currency, the outcome of policy will be to maximize “line go up” by inflating the currency supply and pushing consumption instead of production.
Posted by: Harry Paratestes at April 10, 2025 01:26 PM (uCjyK)
Exactly. We’re a debt-driven, consumption-fueled economy. It’s a huge part of why we’re addicted to cheap Chinese crap.
When your primary measures of economic well-being are entirely based on quantifications of currency, the outcome of policy will be to maximize “line go up” by inflating the currency supply and pushing consumption instead of production.
Posted by: Disinterested FDA Director at April 10, 2025 01:32 PM (l3YAf)
86
Inflation is what gives the Federal Reserve their power.
Posted by: Grump928(C) gasps at April 10, 2025 01:27 PM (jc0TO)
FFS, shhhhhhh
Posted by: Grump928(C) gasps at April 10, 2025 01:27 PM (jc0TO)
FFS, shhhhhhh
Posted by: The Illuminati at April 10, 2025 01:32 PM (RbtEb)
87
Paul Krugman does not impress me.
Posted by: Kindltot at April 10, 2025 01:32 PM (D7oie)
88
has the BLS been taken over by Trumpy sycophants or appointees? Trusting ANY statistical information coming out of this Administration is near impossible for me.
I guess we can take it for granted that you objected when the Biden administration figures on absolutely everything got quietly corrected several months later to the detriment of the Biden admin literally every month for years.
\sarc
I guess we can take it for granted that you objected when the Biden administration figures on absolutely everything got quietly corrected several months later to the detriment of the Biden admin literally every month for years.
\sarc
Posted by: Archimedes at April 10, 2025 01:33 PM (xCA6C)
89
Very interesting. President Trump live streams a cabinet meeting.
President Trump is obviously making every effort to put government on notice backroom deals need to come to an end.
President Trump is obviously making every effort to put government on notice backroom deals need to come to an end.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:33 PM (tT6L1)
90
The Confident Idiot is a thing. I'm more of a Cautious Idiot.
Posted by: Francis at April 10, 2025 01:33 PM (bbuBP)
91
@zerohedge
·
28m
Wow: stellar 30Y auction: high yield 4.813%, WI 4.839%, 2.6bps stop through - 3rd highest on record
And amazing Directs: 25.8%, up from 22.7%, vs 2% yesterday
·
28m
Wow: stellar 30Y auction: high yield 4.813%, WI 4.839%, 2.6bps stop through - 3rd highest on record
And amazing Directs: 25.8%, up from 22.7%, vs 2% yesterday
Posted by: JackStraw at April 10, 2025 01:33 PM (LkLld)
92
Yeah, you don't need secret access.
Trump went on TV and said to buy stocks a few hours before announcing the pause. That is the opposite of secret access.
Trump went on TV and said to buy stocks a few hours before announcing the pause. That is the opposite of secret access.
Posted by: Ian S. at April 10, 2025 01:33 PM (2ocoG)
93
Hm. I wonder why this happened? I mean, prices were due for a turnaround and obviously Trump being in office is way more friendly to business so the economy should do better, but this seems excessive. Naturally the Biden guys will all claim they did it, but its interesting.
Posted by: Christopher R Taylor at April 10, 2025 01:34 PM (RKzci)
94
I heard today that gas might be as low as $2.29 by the end of next month around here and that some fracking operations will be below break-even at $40.00 / barrel and shut down.
Posted by: Auspex at April 10, 2025 01:28 PM (j4U/Z)
I'd expect Trump to try and get funding for refilling the SPR and to keep the price above break-even so the oil people don't lose their jobs. Not like Biden didn't ensure there was a lot of room in the SPR for new oil.
Posted by: Auspex at April 10, 2025 01:28 PM (j4U/Z)
I'd expect Trump to try and get funding for refilling the SPR and to keep the price above break-even so the oil people don't lose their jobs. Not like Biden didn't ensure there was a lot of room in the SPR for new oil.
Posted by: I used to have a different nic at April 10, 2025 01:34 PM (ExV1e)
95
We'll never experience deflation, FED would just start cutting rates.
It's always this boogieman being talked about whenever someone has concerns with cutting spending or "not" printing trillions in new dollars.
It's always this boogieman being talked about whenever someone has concerns with cutting spending or "not" printing trillions in new dollars.
Posted by: Leupold at April 10, 2025 01:34 PM (4pwAx)
96
Notice how she is never smiling?
Posted by: Diogenes
But what's her name? I can probably find images of her smiling online.
Posted by: Bulg at April 10, 2025 01:30 PM (77rzZ)
Probably.
I have to laugh though when I see the dweebie dude with the poor suits drawing his big circles around the numbers on Trump and she stands there scowling. Never, ever smiles.
Posted by: Diogenes
But what's her name? I can probably find images of her smiling online.
Posted by: Bulg at April 10, 2025 01:30 PM (77rzZ)
Probably.
I have to laugh though when I see the dweebie dude with the poor suits drawing his big circles around the numbers on Trump and she stands there scowling. Never, ever smiles.
Posted by: Diogenes at April 10, 2025 01:34 PM (W/lyH)
97
The Dow has now given back a very sizable chunk (1850 points, 4.4%) of what it gained yesterday. Is that good or bad? Beats me. It is another buying opportunity if this holds.
Posted by: Grigory Potemkin
It means a lot of people bought yesterday and sold today.
You should have sold then bought.
Posted by: Grigory Potemkin
It means a lot of people bought yesterday and sold today.
You should have sold then bought.
Posted by: Itinerant Alley Butcher at April 10, 2025 01:34 PM (UzriI)
98
The problem, theoretically, is that if everyone puts off buying things then people lose their jobs because no one is buying things.
Posted by: I used to have a different nic at April 10, 2025 01:30 PM (ExV1e)
It’s not just theory. It’s what happened in the 1930s. Even with stimulus people didn’t want to make big purchases in part because they were afraid the value of those purchases would decline. Who wants to buy a house if there’s no appreciation or even worse depreciation? And it’s a hard mentality to break once it sets in.
The problem, theoretically, is that if everyone puts off buying things then people lose their jobs because no one is buying things.
Posted by: I used to have a different nic at April 10, 2025 01:30 PM (ExV1e)
It’s not just theory. It’s what happened in the 1930s. Even with stimulus people didn’t want to make big purchases in part because they were afraid the value of those purchases would decline. Who wants to buy a house if there’s no appreciation or even worse depreciation? And it’s a hard mentality to break once it sets in.
Posted by: Its Go Time Donald at April 10, 2025 01:34 PM (xHYkz)
Posted by: Chuck Martel at April 10, 2025 01:34 PM (j08vF)
100
Under Biden, there was no inflation, and it's good if there was, and deflation is the end of the world... until it isn't.
Posted by: DNC and MFM BIRM at April 10, 2025 01:34 PM (gLikB)
101
Japan has been in a deflationary death spiral for decades, yet their standard of living is the envy of the civilized world.
Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov
.....
Ganguro
Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov
.....
Ganguro
Posted by: wth at April 10, 2025 01:34 PM (v0R5T)
102
Which is bosh because things always need to be replaced, and we eventually need some sort of equipment, and then the upward swing starts again.
OTOH, people learned to live without during the Great Depression. It wasn't fun, but they did it.
OTOH, people learned to live without during the Great Depression. It wasn't fun, but they did it.
Posted by: Archimedes at April 10, 2025 01:34 PM (xCA6C)
103
The argument against deflation is that since future costs can be expected to be less people will postpone economic activity for as far out as they can reducing economic activity, versus inflationary periods where people have to spend/invest there money NOW or watch it inflate away.
But honestly there hasn't been much hard data either way on what this would really look like.
Would the people that put a new TV on their 30% interest credit card now wait to buy that TV because it will be $495 next year instead of $500 now? I don't think so...
But honestly there hasn't been much hard data either way on what this would really look like.
Would the people that put a new TV on their 30% interest credit card now wait to buy that TV because it will be $495 next year instead of $500 now? I don't think so...
Posted by: 18-1 at April 10, 2025 01:35 PM (t0Rmr)
104
31 Some inflation, sure. The biggest driver was the covid helicopter money.
The Federal budget is now 50% higher than it was in 2019.
Fifty Percent.
Posted by: The ARC of History! at April 10, 2025 01:25 PM (xTIDn)
Emergency spending always becomes permanent spending. That is why they never add war spending into the budget but as supplemental spending so that they can cut it after the need goes away.
Not that the country has had a budget in the last 20 years.
The Federal budget is now 50% higher than it was in 2019.
Fifty Percent.
Posted by: The ARC of History! at April 10, 2025 01:25 PM (xTIDn)
Emergency spending always becomes permanent spending. That is why they never add war spending into the budget but as supplemental spending so that they can cut it after the need goes away.
Not that the country has had a budget in the last 20 years.
Posted by: Ashley Judd's Puffy Scamper at April 10, 2025 01:35 PM (k1E2D)
105
Giving g everyone thousands of dollars didn't help the budget nor inflation
Posted by: Skip at April 10, 2025 01:35 PM (aHfB6)
106
Trump's cabinet meeting is very impressive.
Posted by: redridinghood at April 10, 2025 01:35 PM (NpAcC)
107
Obviously not food. A house? Absolutely.
And because of that home builders won’t build anything because they know nothing will sell. Which means nobody is employed in construction.
It’s a vicious circle. You don’t want it.
Posted by: Its Go Time Donald at April 10, 2025 01:28 PM (xHYkz)
Eh, I don't really buy it.
I don't think people are quite the economic rational actor that Keynesian economics would suggest they are.
I think if people saw house prices dropping but dollar values increasing, they'd say "ooh, nice. I can finally afford a house."
And supply and demand of housing alone would likely stop the housing market from actually deflating nation wide.
Most people buy shit when a) they need it combined with b) can afford it.
And because of that home builders won’t build anything because they know nothing will sell. Which means nobody is employed in construction.
It’s a vicious circle. You don’t want it.
Posted by: Its Go Time Donald at April 10, 2025 01:28 PM (xHYkz)
Eh, I don't really buy it.
I don't think people are quite the economic rational actor that Keynesian economics would suggest they are.
I think if people saw house prices dropping but dollar values increasing, they'd say "ooh, nice. I can finally afford a house."
And supply and demand of housing alone would likely stop the housing market from actually deflating nation wide.
Most people buy shit when a) they need it combined with b) can afford it.
Posted by: Harry Paratestes at April 10, 2025 01:35 PM (uCjyK)
108
"Economists" are the same as "Climate Scientists".
A completely made up activity, whose sole purpose is to give the people in power an excuse to do everything they were going to do anyway.
A completely made up activity, whose sole purpose is to give the people in power an excuse to do everything they were going to do anyway.
Posted by: ... at April 10, 2025 01:36 PM (RbtEb)
Posted by: 18-1 at April 10, 2025 01:36 PM (t0Rmr)
110
When your primary measures of economic well-being are entirely based on quantifications of currency, the outcome of policy will be to maximize “line go up” by inflating the currency supply and pushing consumption instead of production.
On the other hand, men make women happy by facilitating consumption, and maybe that's why Japan's in one of the world's worst demographic death spirals.
On the other hand, men make women happy by facilitating consumption, and maybe that's why Japan's in one of the world's worst demographic death spirals.
Posted by: Ian S. at April 10, 2025 01:36 PM (2ocoG)
111
It can be done if the fed shrinks the money supply.
The gov't has a million ways of dispersing money but pretty much only one way of pulling it back: taxes.
The gov't has a million ways of dispersing money but pretty much only one way of pulling it back: taxes.
Posted by: Oddbob at April 10, 2025 01:36 PM (/y8xj)
112
remember Musk talking about finding those things just sending out money? like ten computers just making payments?
maybe they got smashed with hammers
maybe they got smashed with hammers
Posted by: Black Orchid at April 10, 2025 01:37 PM (Pv3Rg)
113
111 It can be done if the fed shrinks the money supply.
The gov't has a million ways of dispersing money but pretty much only one way of pulling it back: taxes.
Posted by: Oddbob at April 10, 2025 01:36 PM (/y8xj)
=========
Quantitative tightening is a thing.
The gov't has a million ways of dispersing money but pretty much only one way of pulling it back: taxes.
Posted by: Oddbob at April 10, 2025 01:36 PM (/y8xj)
=========
Quantitative tightening is a thing.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:37 PM (GBKbO)
114
Genuine question: How often did Biden's Cabinet meet, even in private? Everyone talks about Biden's wife or staff running things, not the people who were officially appointed to do it.
Posted by: pookysgirl's cabinets could use some cleaning at April 10, 2025 01:37 PM (Wt5PA)
115
But what's her name? I can probably find images of her smiling online.
Posted by: Bulg at April 10, 2025 01:30 PM (77rzZ)
I'm guessing Kate Bouldan.
Waffle House 5.
Posted by: Bulg at April 10, 2025 01:30 PM (77rzZ)
I'm guessing Kate Bouldan.
Waffle House 5.
Posted by: Diogenes at April 10, 2025 01:37 PM (W/lyH)
116
Paul Krugman does not impress me.
It does impress me that he's so wrong and so ridiculous so often and built an entire career out of it. He got a super high profile six-figure a year job out of being absurdly off base and wrong. I know he knew better, but he would say stuff that was so ridiculously wrong and was called on it, and it didn't do him a bit of harm.
It does impress me that he's so wrong and so ridiculous so often and built an entire career out of it. He got a super high profile six-figure a year job out of being absurdly off base and wrong. I know he knew better, but he would say stuff that was so ridiculously wrong and was called on it, and it didn't do him a bit of harm.
Posted by: Christopher R Taylor at April 10, 2025 01:37 PM (RKzci)
117
As usual, the monetary cranks in pseudo-economics conflate terms.
“Deflation” is the ordinary course of events. As a general principle, things get less expensive over time. Not more expensive.
If you’re in the grift business, and phony baloney confetti-buck generator business, well you have to fool the rubes, and ‘splain why cutting the value of your savings and investments in half every 10 years or so is really a good thing, we’re the “experts” and you wouldn’t understand. It’s really nuanced you see, I went to Deah Old Hahvahd.
“Deflation” is the ordinary course of events. As a general principle, things get less expensive over time. Not more expensive.
If you’re in the grift business, and phony baloney confetti-buck generator business, well you have to fool the rubes, and ‘splain why cutting the value of your savings and investments in half every 10 years or so is really a good thing, we’re the “experts” and you wouldn’t understand. It’s really nuanced you see, I went to Deah Old Hahvahd.
Posted by: Common Tater at April 10, 2025 01:37 PM (vlExx)
118
The Dow has now given back a very sizable chunk (1850 points, 4.4%) of what it gained yesterday. Is that good or bad? Beats me.
"The market" is like people panic-selling their bets to each other after every play in the Super Bowl.
"The market" is like people panic-selling their bets to each other after every play in the Super Bowl.
Posted by: t-bird at April 10, 2025 01:37 PM (xRgqO)
119
Discuss.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:18 PM (GBKbO)
__________________________
Definitely one of the factors. But, one of many. They tried (and succeed to some extent) to throw billions out there into the private sector through the EPA. Thankfully, Zeldin caught at least $20 Billion of it and tied it up in the Citibank Accounts with a hold on any activity. Essentially, in one move he pulled $20 Billion in printed money out of circulation. That's going to make a small dent. Small, but likely one of many efforts to shoot down promissory money grabs.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:18 PM (GBKbO)
__________________________
Definitely one of the factors. But, one of many. They tried (and succeed to some extent) to throw billions out there into the private sector through the EPA. Thankfully, Zeldin caught at least $20 Billion of it and tied it up in the Citibank Accounts with a hold on any activity. Essentially, in one move he pulled $20 Billion in printed money out of circulation. That's going to make a small dent. Small, but likely one of many efforts to shoot down promissory money grabs.
Posted by: Orson at April 10, 2025 01:38 PM (dIske)
120
"Energy dropped 2.4% for the month, led by a sharp 6.3% decline in gasoline."
That. That right there. You want inflation to decline, make energy cheaper. Energy takes a million cuts at the price of everything.
That. That right there. You want inflation to decline, make energy cheaper. Energy takes a million cuts at the price of everything.
Posted by: El Mariachi at April 10, 2025 01:38 PM (gDhA9)
121
The left: Inflation is just this random thing that happens, you can't reduce it by reducing spending.
/Trump reduces spending
The left: See it just randomly went down which had nothing to do with anything Trump did.
/Trump reduces spending
The left: See it just randomly went down which had nothing to do with anything Trump did.
Posted by: 18-1 at April 10, 2025 01:38 PM (t0Rmr)
122
And even then, they'd have to raise taxes and then NOT SPEND THE PROCEEDS and that will never happen.
Posted by: Oddbob at April 10, 2025 01:38 PM (/y8xj)
123
Would the people that put a new TV on their 30% interest credit card now wait to buy that TV because it will be $495 next year instead of $500 now? I don't think so...
Posted by: 18-1
—
Probably not. But they’d put off buying a new $80k truck if it’ll be $70k next year. And they’ll 100% put off buying a $600k house if it’ll be $500k some time in the future.
Even if the house will be $595k they’ll still not buy because nobody wants to own real estate in a flat or even slightly down market. Without appreciation real estate is a bad investment.
Posted by: 18-1
—
Probably not. But they’d put off buying a new $80k truck if it’ll be $70k next year. And they’ll 100% put off buying a $600k house if it’ll be $500k some time in the future.
Even if the house will be $595k they’ll still not buy because nobody wants to own real estate in a flat or even slightly down market. Without appreciation real estate is a bad investment.
Posted by: Its Go Time Donald at April 10, 2025 01:38 PM (xHYkz)
124
It’s not just theory. It’s what happened in the 1930s. Even with stimulus people didn’t want to make big purchases in part because they were afraid the value of those purchases would decline. Who wants to buy a house if there’s no appreciation or even worse depreciation? And it’s a hard mentality to break once it sets in.
Posted by: Its Go Time Donald at April 10, 2025 01:34 PM (xHYkz)
There were many many causes of the world-wide great depression. I don't think I've ever heard anyone claim that people were sitting around cash rich but didn't buy any assets because they were afraid of deflation though.
But on a broader point -- the idea that a house should be a permanently increasing in value asset is a relatively new idea, and is much more true on the coasts than it is in many other places.
For example, I am sure there are plenty of towns in the rust belt where the value of real estate has remained more or less steady for the last decade or more, or even decreased in value.
For most of human history, a house was just a place to live. Yes, hopefully when you die your kids can sell it and make some money, but people we're "investing their retirement" in to single family houses.
Posted by: Its Go Time Donald at April 10, 2025 01:34 PM (xHYkz)
There were many many causes of the world-wide great depression. I don't think I've ever heard anyone claim that people were sitting around cash rich but didn't buy any assets because they were afraid of deflation though.
But on a broader point -- the idea that a house should be a permanently increasing in value asset is a relatively new idea, and is much more true on the coasts than it is in many other places.
For example, I am sure there are plenty of towns in the rust belt where the value of real estate has remained more or less steady for the last decade or more, or even decreased in value.
For most of human history, a house was just a place to live. Yes, hopefully when you die your kids can sell it and make some money, but people we're "investing their retirement" in to single family houses.
Posted by: Harry Paratestes at April 10, 2025 01:39 PM (uCjyK)
125
Would the people that put a new TV on their 30% interest credit card now wait to buy that TV because it will be $495 next year instead of $500 now? I don't think so...
Posted by: 18-1
===
I'm not convinced either that deflation would be the crisis people say it is.
At least not the deflation that would have any realistic chance of happening in the US. Does somebody buy less groceries or gas to hoard dollars that might deflate 1-2%? Probably not.
Posted by: 18-1
===
I'm not convinced either that deflation would be the crisis people say it is.
At least not the deflation that would have any realistic chance of happening in the US. Does somebody buy less groceries or gas to hoard dollars that might deflate 1-2%? Probably not.
Posted by: Leupold at April 10, 2025 01:39 PM (4pwAx)
126
A lot of SF proposes dropping fiat currency and just using energy as money.
Its not a bad idea in that energy is the most direct way to produce economic activity anyway.
Want to produce cars in a factory? You need energy
Want to open a shop with lights and heat? You need energy
and so on
So the notion of intentionally reducing energy production should be viewed as intentionally trying to reduce human prosperity.
Its not a bad idea in that energy is the most direct way to produce economic activity anyway.
Want to produce cars in a factory? You need energy
Want to open a shop with lights and heat? You need energy
and so on
So the notion of intentionally reducing energy production should be viewed as intentionally trying to reduce human prosperity.
Posted by: 18-1 at April 10, 2025 01:40 PM (t0Rmr)
Posted by: Hour of the Wolf at April 10, 2025 01:40 PM (VNX3d)
128
The gov't has a million ways of dispersing money but pretty much only one way of pulling it back: taxes.
Posted by: Oddbob
Yup. Just taxes. Pay no attention to that man in the corner...
Posted by: Oddbob
Yup. Just taxes. Pay no attention to that man in the corner...
Posted by: Asset forfeiture at April 10, 2025 01:40 PM (JCZqz)
129
Now a deflationary collapse is bad stuff.
25% unemployment after 1929 crash. Banks failed. No FDIC.
Interestingly the government did not count Farmers, Ranchers, nor military, nor government employees when compiling employment statistics. 1/4 out of work is a prostrate economy. We’re lucky they didn’t go full communist.
25% unemployment after 1929 crash. Banks failed. No FDIC.
Interestingly the government did not count Farmers, Ranchers, nor military, nor government employees when compiling employment statistics. 1/4 out of work is a prostrate economy. We’re lucky they didn’t go full communist.
Posted by: Common Tater at April 10, 2025 01:40 PM (vlExx)
130
Some of these news stories about egg prices going up reference late January numbers.
Posted by: Boss Moss at April 10, 2025 01:40 PM (p7mbN)
131
Isn't this the point where former Biden Administration officials start claiming that the drop in inflation is due to Biden's policies beginning to take effect?
Isn't this the point where former Biden Administration officials start claiming that the drop in inflation is due to Biden's policies beginning to take effect?
Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) Imprison! Imprison! Imprison! at April 10, 2025 01:41 PM (xG4kz)
132
Even if the house will be $595k they’ll still not buy because nobody wants to own real estate in a flat or even slightly down market. Without appreciation real estate is a bad investment.
Posted by: Its Go Time Donald at April 10, 2025 01:38 PM (xHYkz)
People's primary home should not be viewed as an "investment."
It's an expense. Just like rent. You pay to live somewhere.
So the real question isn't "will the house increase in value" it's "is buying a house cheaper than renting a house?"
In other words: if you told me I could buy a house right now for less than what I pay in rent, but the house can never increase in value, I'd still buy it.
Posted by: Its Go Time Donald at April 10, 2025 01:38 PM (xHYkz)
People's primary home should not be viewed as an "investment."
It's an expense. Just like rent. You pay to live somewhere.
So the real question isn't "will the house increase in value" it's "is buying a house cheaper than renting a house?"
In other words: if you told me I could buy a house right now for less than what I pay in rent, but the house can never increase in value, I'd still buy it.
Posted by: Harry Paratestes at April 10, 2025 01:41 PM (uCjyK)
133
Except in California, where it will be $6.99 at the pump.
Umm $6.99.9 at the pump. And they will be lucky to get that.
Didn't the state of Washington just increase their gas tax?
Them Dems love them gas taxes.
Umm $6.99.9 at the pump. And they will be lucky to get that.
Didn't the state of Washington just increase their gas tax?
Them Dems love them gas taxes.
Posted by: Case at April 10, 2025 01:41 PM (OrSPY)
134
Deflation killed more people than Net Neutrality, January 6th and Covid-19...combined.
Posted by: Lefty History Books circa 2033 at April 10, 2025 01:41 PM (UGqhV)
135
"Energy dropped 2.4% for the month, led by a sharp 6.3% decline in gasoline."
That. That right there. You want inflation to decline, make energy cheaper. Energy takes a million cuts at the price of everything.
Posted by: El Mariachi at April 10, 2025 01:38 PM (gDhA9)
Yep, especially food, from growth, through harvest and transport, to purchase, storage, and preparation. Petroleum drives it all.
That. That right there. You want inflation to decline, make energy cheaper. Energy takes a million cuts at the price of everything.
Posted by: El Mariachi at April 10, 2025 01:38 PM (gDhA9)
Yep, especially food, from growth, through harvest and transport, to purchase, storage, and preparation. Petroleum drives it all.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:42 PM (i24o9)
136
Probably not. But they’d put off buying a new $80k truck if it’ll be $70k next year. And they’ll 100% put off buying a $600k house if it’ll be $500k some time in the future.
Even if the house will be $595k they’ll still not buy because nobody wants to own real estate in a flat or even slightly down market. Without appreciation real estate is a bad investment.
Posted by: Its Go Time Donald
====
The people putting off these purchases strategically will easily be overwhelmed by these things suddenly becoming more affordable for more consumers.
I don't think most first time home buyers even think about the investment landscape, they just want to stop renting and buy a starter home.
Even if the house will be $595k they’ll still not buy because nobody wants to own real estate in a flat or even slightly down market. Without appreciation real estate is a bad investment.
Posted by: Its Go Time Donald
====
The people putting off these purchases strategically will easily be overwhelmed by these things suddenly becoming more affordable for more consumers.
I don't think most first time home buyers even think about the investment landscape, they just want to stop renting and buy a starter home.
Posted by: Leupold at April 10, 2025 01:42 PM (4pwAx)
137
Probably not. But they’d put off buying a new $80k truck if it’ll be $70k next year. And they’ll 100% put off buying a $600k house if it’ll be $500k some time in the future.
I suspect that double digit deflation is just about impossible.
And most of the people I know that buy new vehicles do so because the old one isn't working any more or they have a job they have to drive to - deflation won't alter either of those choices.
Probably not. But they’d put off buying a new $80k truck if it’ll be $70k next year. And they’ll 100% put off buying a $600k house if it’ll be $500k some time in the future.
I suspect that double digit deflation is just about impossible.
And most of the people I know that buy new vehicles do so because the old one isn't working any more or they have a job they have to drive to - deflation won't alter either of those choices.
Posted by: 18-1 at April 10, 2025 01:42 PM (t0Rmr)
138
>>>112 remember Musk talking about finding those things just sending out money? like ten computers just making payments?
maybe they got smashed with hammers
Posted by: Black Orchid
---
Finding 3 trillion that they thought they had deleted and hid from Trump's DOGE. You can run from DOGE but you cannot hide.
maybe they got smashed with hammers
Posted by: Black Orchid
---
Finding 3 trillion that they thought they had deleted and hid from Trump's DOGE. You can run from DOGE but you cannot hide.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 01:42 PM (RrIy1)
Posted by: ... at April 10, 2025 01:42 PM (RbtEb)
140
NYPost:
A billionaire Palestinian-American developer accused by Oct. 7 victims’ families of “aiding and abetting” Hamas has resigned from his position on the dean’s council at Harvard University’s Kennedy School of Government, The Post can reveal, with the school acknowledging that the civil complaint “raises serious allegations.”
Bashar Masri stepped down from his post at the Ivy League university days after nearly 200 family members of victims of the deadly attack in Israel sued him in Washington, DC, federal court for allegedly aiding the construction of tunnels and rocket launchers at Gaza-based properties.
A billionaire Palestinian-American developer accused by Oct. 7 victims’ families of “aiding and abetting” Hamas has resigned from his position on the dean’s council at Harvard University’s Kennedy School of Government, The Post can reveal, with the school acknowledging that the civil complaint “raises serious allegations.”
Bashar Masri stepped down from his post at the Ivy League university days after nearly 200 family members of victims of the deadly attack in Israel sued him in Washington, DC, federal court for allegedly aiding the construction of tunnels and rocket launchers at Gaza-based properties.
Posted by: SMOD at April 10, 2025 01:43 PM (RHGPo)
141
I must say, Rubio has been brilliant. He gets into these interviews and just runs rings around the interviewers. It is such a joy to watch. He simply rejects the premise of most of their questions, then lays out the facts of the situation.
But that is a pretty common theme in Trump 2.0 - all his picks seem a) not willing to take any shit b) know more about the topic than the interviewers and seem eager to educate them.
But that is a pretty common theme in Trump 2.0 - all his picks seem a) not willing to take any shit b) know more about the topic than the interviewers and seem eager to educate them.
Posted by: El Mariachi at April 10, 2025 01:43 PM (gDhA9)
142
Harry Paratestes: "It makes me wonder ... are these experts really just confident idiots? Or are they lying? Or both?"
Predicting is hard and, given enough times, results in certain failure. That's a given. But as to your weighting, I think it more "both" than anything. I think a) a lot of "experts" have been employed far beyond their pay grades and b) a not-insignificant number of others are indeed lying to satisfy an alternate agenda beyond sound financial analysis. The cynic in me says the latter has picked up a great deal in these many years of hyper-globalization.
Predicting is hard and, given enough times, results in certain failure. That's a given. But as to your weighting, I think it more "both" than anything. I think a) a lot of "experts" have been employed far beyond their pay grades and b) a not-insignificant number of others are indeed lying to satisfy an alternate agenda beyond sound financial analysis. The cynic in me says the latter has picked up a great deal in these many years of hyper-globalization.
Posted by: AnonyBotymousDrivel at April 10, 2025 01:43 PM (gLikB)
143
Would the people that put a new TV on their 30% interest credit card now wait to buy that TV because it will be $495 next year instead of $500 now? I don't think so...
Posted by: 18-1 at April 10, 2025 01:35 PM (t0Rmr)
———
We have real life data on that for decades. The price of TVs has been falling for quite awhile.
Would the people that put a new TV on their 30% interest credit card now wait to buy that TV because it will be $495 next year instead of $500 now? I don't think so...
Posted by: 18-1 at April 10, 2025 01:35 PM (t0Rmr)
———
We have real life data on that for decades. The price of TVs has been falling for quite awhile.
Posted by: MAGA_Ken at April 10, 2025 01:43 PM (UMMMY)
144
I'm not convinced either that deflation would be the crisis people say it is.
Its probably bad if its too extreme, fast, or extended, but after the last 50 years, we could use some deflation.
Its probably bad if its too extreme, fast, or extended, but after the last 50 years, we could use some deflation.
Posted by: Christopher R Taylor at April 10, 2025 01:43 PM (RKzci)
145
Press conference is the best. They all are speaking standard English.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 01:43 PM (RrIy1)
146
So the notion of intentionally reducing energy production should be viewed as intentionally trying to reduce human prosperity.
Posted by: 18-1
My working hypothesis, which seems to be coming true, is that the net zeroes are trying to reduce the human population.
Posted by: 18-1
My working hypothesis, which seems to be coming true, is that the net zeroes are trying to reduce the human population.
Posted by: Thomas Paine at April 10, 2025 01:43 PM (2YxH9)
147
FBI Director Patel sends declassified Crossfire Hurricane docs on Russiagate scandal to Congress
Posted by: SMOD at April 10, 2025 01:43 PM (RHGPo)
148
Biden's picks were just bad from a policy standpoint, they came off as ignoramuses during interviews.
Posted by: El Mariachi at April 10, 2025 01:43 PM (gDhA9)
149
Prior to the depression, or World War II and GI loans really, Mortgages were generally 50% down, 7 year notes. Callable at any time.
The banks didn’t make stupid loans, they weren’t backstopped by Uncle Sugar or the Tax Payer.
The banks didn’t make stupid loans, they weren’t backstopped by Uncle Sugar or the Tax Payer.
Posted by: Common Tater at April 10, 2025 01:43 PM (vlExx)
150
Without appreciation why buy? You’re better off renting. Costs less with no headaches regarding maintenance or repairs. Most people understand this at a base level. Which is why if people assume there will be no appreciation, they wont buy.
Posted by: Its Go Time Donald at April 10, 2025 01:44 PM (xHYkz)
151
The problems of deflation are a just-so story by economists to justify the government stealing from you with inflation. If you look at actual history, deflation goes hand-in-hand with prosperity and technological development.
People "hording dollars" just means they produce more than they consume, which is what you need for capital investment. Does deflation in cell phones stop people from buying them? No, a better, cheaper phone in a few months is not a suitable replacement for a decent phone right now. The same is true for most other stuff.
Now a really rapid deflation would be bad, but that is because any rapid change causes problems, not because of fantastic boogie men conjured up by court wizards.
People "hording dollars" just means they produce more than they consume, which is what you need for capital investment. Does deflation in cell phones stop people from buying them? No, a better, cheaper phone in a few months is not a suitable replacement for a decent phone right now. The same is true for most other stuff.
Now a really rapid deflation would be bad, but that is because any rapid change causes problems, not because of fantastic boogie men conjured up by court wizards.
Posted by: Charlie the Capitalist at April 10, 2025 01:44 PM (G4GsB)
152
60 Clean
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov
You forgot "dropping dead from overwork," and "not reproducing."
Posted by: Bulg at April 10, 2025 01:29 PM
--
Octopi, Dude. Octopi.
Safe
Cultural gem
No diversity
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov
You forgot "dropping dead from overwork," and "not reproducing."
Posted by: Bulg at April 10, 2025 01:29 PM
--
Octopi, Dude. Octopi.
Posted by: SloPitch Whiffer at April 10, 2025 01:44 PM (wzAuc)
153
134 Deflation killed more people than Net Neutrality, January 6th and Covid-19...combined.
Posted by: Lefty History Books
But the deaths pale in comparison to those of black trans women living in Red states!
Posted by: Lefty History Books
But the deaths pale in comparison to those of black trans women living in Red states!
Posted by: Deranged Rabid Leftist at April 10, 2025 01:44 PM (JCZqz)
154
TelegraphUK:
An insider describes a dysfunctional system in which newly recognised refugees immediately go on benefits
I work at a migrant hotel. Many of them will never work a day in their lives
An insider describes a dysfunctional system in which newly recognised refugees immediately go on benefits
I work at a migrant hotel. Many of them will never work a day in their lives
Posted by: SMOD at April 10, 2025 01:44 PM (RHGPo)
155
We have real life data on that for decades. The price of TVs has been falling for quite awhile.
Posted by: MAGA_Ken at April 10, 2025 01:43 PM (UMMMY)
-----------
Yep, so, people get rid of the TV with life left in it for a newer larger model with better resolution.
Posted by: MAGA_Ken at April 10, 2025 01:43 PM (UMMMY)
-----------
Yep, so, people get rid of the TV with life left in it for a newer larger model with better resolution.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:44 PM (tT6L1)
156
In the realm of local politics a lot of my neighbors are screaming about increased property tax bills.
The town didn't increase the tax rate, this is being caused by the increase in the value of real estate.
Now, in the far future when you sell this is a good thing, but in the immediate moment its not. Yes your house is an investment but your property taxes are a major expense as well and one you have to pay quarterly.
In a mildly deflationary cycle those taxes will go down over time, giving relief to people as they retire...
The town didn't increase the tax rate, this is being caused by the increase in the value of real estate.
Now, in the far future when you sell this is a good thing, but in the immediate moment its not. Yes your house is an investment but your property taxes are a major expense as well and one you have to pay quarterly.
In a mildly deflationary cycle those taxes will go down over time, giving relief to people as they retire...
Posted by: 18-1 at April 10, 2025 01:45 PM (t0Rmr)
157
It’s not just theory. It’s what happened in the 1930s. Even with stimulus people didn’t want to make big purchases in part because they were afraid the value of those purchases would decline. Who wants to buy a house if there’s no appreciation or even worse depreciation? And it’s a hard mentality to break once it sets in.
Posted by: Its Go Time Donald at April 10, 2025 01:34 PM (xHYkz)
well, Hoover and FDR screwing with the economy didn't help, and removing ALL THE GOLD from the economy at pain of jail time and massive fines didn't make people want to spend much either.
Deflation didn't cause the "malaise" it was the collapse of the economic bubble that had been fueled by money flleeing to the US from Europe, and prior to that the easy money made to US industries to foresatall the post WWI depression from loss of markets in Europe and no need for war production. People didn't have money because all the capital backing the banks was in bonds that lost their value, businesses that went sour from the recession, and the assets pledged that turned out to be worthless. Then FDR had his bank holiday and shut down a bunch of them and depositors got pennies if that.
Posted by: Its Go Time Donald at April 10, 2025 01:34 PM (xHYkz)
well, Hoover and FDR screwing with the economy didn't help, and removing ALL THE GOLD from the economy at pain of jail time and massive fines didn't make people want to spend much either.
Deflation didn't cause the "malaise" it was the collapse of the economic bubble that had been fueled by money flleeing to the US from Europe, and prior to that the easy money made to US industries to foresatall the post WWI depression from loss of markets in Europe and no need for war production. People didn't have money because all the capital backing the banks was in bonds that lost their value, businesses that went sour from the recession, and the assets pledged that turned out to be worthless. Then FDR had his bank holiday and shut down a bunch of them and depositors got pennies if that.
Posted by: Kindltot at April 10, 2025 01:45 PM (D7oie)
158
That. That right there. You want inflation to decline, make energy cheaper. Energy takes a million cuts at the price of everything.
Posted by: El Mariachi at April 10, 2025 01:38 PM (gDhA9)
Which is why Ofuckshit campaigned on making it "necessarily skyrocket". Marxist superturd.
Posted by: El Mariachi at April 10, 2025 01:38 PM (gDhA9)
Which is why Ofuckshit campaigned on making it "necessarily skyrocket". Marxist superturd.
Posted by: ... at April 10, 2025 01:45 PM (RbtEb)
159
If the experts say that sustained deflation is bad, then that’s a ringing endorsement for sustained deflation.
Posted by: Cray Cray at April 10, 2025 01:45 PM (/UTod)
160
is It's Go Time that dude, Montec or whatever? the Big Spender?
ok dude ...you don't rent b/c you want a pet maybe, you want stability (landlords can sell the home out from under you or decide to stop renting to you), you want to paint the freaking walls
ok dude ...you don't rent b/c you want a pet maybe, you want stability (landlords can sell the home out from under you or decide to stop renting to you), you want to paint the freaking walls
Posted by: Black Orchid at April 10, 2025 01:45 PM (Pv3Rg)
161
134 Deflation killed more people than Net Neutrality, January 6th and Covid-19...combined.
Posted by: Lefty History Books
Video killed the radio star.
i denounce myself
Posted by: Lefty History Books
Video killed the radio star.
i denounce myself
Posted by: Hatari somewhere on Ventura Highway at April 10, 2025 01:45 PM (NtVYv)
162
Inflation is what gives the Federal Reserve their power.
Posted by: Grump928(C) gasps at April 10, 2025 01:27 PM (jc0TO)
The federal reserve needs to be shit canned.
It is neither federal nor a reserve.
Posted by: Grump928(C) gasps at April 10, 2025 01:27 PM (jc0TO)
The federal reserve needs to be shit canned.
It is neither federal nor a reserve.
Posted by: MAC V SOG at April 10, 2025 01:46 PM (P4Pk9)
163
159 If the experts say that sustained deflation is bad, then that’s a ringing endorsement for sustained deflation.
Agreeance!
you're not that cray cray
Agreeance!
you're not that cray cray
Posted by: Black Orchid at April 10, 2025 01:46 PM (Pv3Rg)
164
"Key Details:
March's 0.1% decline in overall prices came as a surprise to economists, who had expected a 0.1% increase. Core prices--excluding food and energy--rose by just 0.1%, well below the 0.3% that had been forecast."
Do you know what else came as a surprise to economists? The latest jobs report. Far more jobs were created than the "experts" expected. The US economy is picking up steam and the MSM won't report it.
March's 0.1% decline in overall prices came as a surprise to economists, who had expected a 0.1% increase. Core prices--excluding food and energy--rose by just 0.1%, well below the 0.3% that had been forecast."
Do you know what else came as a surprise to economists? The latest jobs report. Far more jobs were created than the "experts" expected. The US economy is picking up steam and the MSM won't report it.
Posted by: mrp at April 10, 2025 01:46 PM (rj6Yv)
165
142 Harry Paratestes: "It makes me wonder ... are these experts really just confident idiots? Or are they lying? Or both?"
They are often "experts" in things so complex that people don't really understand them. the climate and the economy are so complex it is difficult to grasp all of it. So, it boils down to just strong opinions.
They are often "experts" in things so complex that people don't really understand them. the climate and the economy are so complex it is difficult to grasp all of it. So, it boils down to just strong opinions.
Posted by: El Mariachi at April 10, 2025 01:46 PM (gDhA9)
166
Without appreciation why buy? You’re better off renting. Costs less with no headaches regarding maintenance or repairs. Most people understand this at a base level. Which is why if people assume there will be no appreciation, they wont buy.
Posted by: Its Go Time Donald at April 10, 2025 01:44 PM (xHYkz)
So nobody ever bought houses before inflationary monetary policy?
Also, the “appreciation” is mostly because the money is worth less. If you paid $150k for a house 15 years ago and it’s now worth $300k, I’ve got some bad news.
Posted by: Its Go Time Donald at April 10, 2025 01:44 PM (xHYkz)
So nobody ever bought houses before inflationary monetary policy?
Also, the “appreciation” is mostly because the money is worth less. If you paid $150k for a house 15 years ago and it’s now worth $300k, I’ve got some bad news.
Posted by: Disinterested FDA Director at April 10, 2025 01:46 PM (l3YAf)
167
Predicting is hard and, given enough times, results in certain failure. That's a given. But as to your weighting, I think it more "both" than anything. I think a) a lot of "experts" have been employed far beyond their pay grades and b) a not-insignificant number of others are indeed lying to satisfy an alternate agenda beyond sound financial analysis. The cynic in me says the latter has picked up a great deal in these many years of hyper-globalization.
Posted by: AnonyBotymousDrivel at April 10, 2025 01:43 PM (gLikB)
Yeah. And there seems to be no downside to being wrong.
I think it's just a creep of our growing cultural incompetence. It seems to overlap with the growth of the "expert class."
Not too long ago, you needed to prove why you were an expert. As in, if you fucked up big time, you were clearly not an expert. Which is why most older "experts" couched all of their predictions in lots of "coulds" and "woulds" that would make a lawyer proud.
Now, it's a piece of paper from a college. And no one seems to care or notice if you're wrong every time. And we have a cargo cult of people claiming to be experts who are pushing out low quality research and wrong on everything
Posted by: AnonyBotymousDrivel at April 10, 2025 01:43 PM (gLikB)
Yeah. And there seems to be no downside to being wrong.
I think it's just a creep of our growing cultural incompetence. It seems to overlap with the growth of the "expert class."
Not too long ago, you needed to prove why you were an expert. As in, if you fucked up big time, you were clearly not an expert. Which is why most older "experts" couched all of their predictions in lots of "coulds" and "woulds" that would make a lawyer proud.
Now, it's a piece of paper from a college. And no one seems to care or notice if you're wrong every time. And we have a cargo cult of people claiming to be experts who are pushing out low quality research and wrong on everything
Posted by: Harry Paratestes at April 10, 2025 01:46 PM (uCjyK)
168
Don’t new car depreciate by 20% as soon as you drive it off the lot? People still buy them.
Posted by: MAGA_Ken at April 10, 2025 01:47 PM (UMMMY)
169
I'm not convinced either that deflation would be the crisis people say it is.
Its probably bad if its too extreme, fast, or extended, but after the last 50 years, we could use some deflation.
Posted by: Christopher R Taylor
====
If the deflation is happening because people dont have money from unemployment, definitely bad.
But the sectors of the economy where deflation has happened are usually healthy.
Something like a laptop 20 years ago was in todays' dollars, like $10,000. Electronics across the board have fallen off a cliff in prices. I just saw a decent flat screen smart TV for $88 at the store.
Its probably bad if its too extreme, fast, or extended, but after the last 50 years, we could use some deflation.
Posted by: Christopher R Taylor
====
If the deflation is happening because people dont have money from unemployment, definitely bad.
But the sectors of the economy where deflation has happened are usually healthy.
Something like a laptop 20 years ago was in todays' dollars, like $10,000. Electronics across the board have fallen off a cliff in prices. I just saw a decent flat screen smart TV for $88 at the store.
Posted by: Leupold at April 10, 2025 01:47 PM (4pwAx)
170
You forgot "dropping dead from overwork," and "not reproducing."
I see Japan has a new reproductive VISA to bring in people that want to have kids with the native Japanese population...which is an interesting approach.
My understanding in Japan is the issue is the men don't want to marry and have kids because the Japanese corporate culture is focused on insane working hours.
You forgot "dropping dead from overwork," and "not reproducing."
I see Japan has a new reproductive VISA to bring in people that want to have kids with the native Japanese population...which is an interesting approach.
My understanding in Japan is the issue is the men don't want to marry and have kids because the Japanese corporate culture is focused on insane working hours.
Posted by: 18-1 at April 10, 2025 01:47 PM (t0Rmr)
171
Would the people that put a new TV on their 30% interest credit card now wait to buy that TV because it will be $495 next year instead of $500 now? I don't think so...
———
We have real life data on that for decades. The price of TVs has been falling for quite awhile.
Not to mention that along with lower inflation comes lower interest rates because the lender won't have to cover so much loss in the future value of the repayment.
———
We have real life data on that for decades. The price of TVs has been falling for quite awhile.
Not to mention that along with lower inflation comes lower interest rates because the lender won't have to cover so much loss in the future value of the repayment.
Posted by: Oddbob at April 10, 2025 01:47 PM (/y8xj)
172
No joke I still love my plasma. I hate the way new tv's look and it's tough to beat plasma for aesthetics.
Posted by: ... at April 10, 2025 01:47 PM (RbtEb)
173
It's like the comments from yesterday never happened. Good work if you can get it.
Posted by: Francis at April 10, 2025 01:47 PM (bbuBP)
174
My working hypothesis, which seems to be coming true, is that the net zeroes are trying to reduce the human population.
———
That’s not a theory, you can find policy papers outlining this. See Club of Rome, CFR, Bilderberg, Tavistock.
That’s what all this is about. Destroying the family unit is job 1. Further, make it so nobody wants to start a family. Infantalizing the population, destructive behaviours, driving people crazy in a literal sense, is the mechanism. Everything flows from this. Once you understand this, everything starts to make sense.
———
That’s not a theory, you can find policy papers outlining this. See Club of Rome, CFR, Bilderberg, Tavistock.
That’s what all this is about. Destroying the family unit is job 1. Further, make it so nobody wants to start a family. Infantalizing the population, destructive behaviours, driving people crazy in a literal sense, is the mechanism. Everything flows from this. Once you understand this, everything starts to make sense.
Posted by: Common Tater at April 10, 2025 01:48 PM (vlExx)
175
When confronted about this practice, [White House Press Secretary Karoline Leavitt] delivered a devastating response:
‘Any reporter who chooses to put their preferred pronouns in their bio clearly does not care about biological reality or truth and therefore cannot be trusted to write an honest story.’
Fact check: True.
‘Any reporter who chooses to put their preferred pronouns in their bio clearly does not care about biological reality or truth and therefore cannot be trusted to write an honest story.’
Fact check: True.
Posted by: SMOD at April 10, 2025 01:48 PM (RHGPo)
176
But the sectors of the economy where deflation has happened are usually healthy.
Generally the less involved the government is with an economic sector the more the quality improves and costs go down over time.
Generally the less involved the government is with an economic sector the more the quality improves and costs go down over time.
Posted by: 18-1 at April 10, 2025 01:48 PM (t0Rmr)
177
I see Japan has a new reproductive VISA to bring in people that want to have kids with the native Japanese population...which is an interesting approach.
My understanding in Japan is the issue is the men don't want to marry and have kids because the Japanese corporate culture is focused on insane working hours.
Posted by: 18-1 at April 10, 2025 01:47 PM (t0Rmr)
Don't tell the weebs!
My understanding in Japan is the issue is the men don't want to marry and have kids because the Japanese corporate culture is focused on insane working hours.
Posted by: 18-1 at April 10, 2025 01:47 PM (t0Rmr)
Don't tell the weebs!
Posted by: joe, living dangerously at April 10, 2025 01:48 PM (B9Prs)
178
TVs did t really stop in price. You pay $300 for the TV and then Samsung sells your data for another $500. The TV still costs $800. You just paid $500 of that $800 in information instead of dollars.
Posted by: Its Go Time Donald at April 10, 2025 01:48 PM (xHYkz)
179
Economists: “It’s unexpected there was good economic news under a Republican/bad news under a Democrat!”
Also Economists: “If you’re not constantly working to make your money worth less your economy will literally die!”
Also Economists: “If you’re not constantly working to make your money worth less your economy will literally die!”
Posted by: Disinterested FDA Director at April 10, 2025 01:48 PM (l3YAf)
180
No one wants actual sustained deflation (a sustained drop in prices over months as the value of the dollar increases).
If the value of the dollar starts going up, then simply hoarding dollars becomes a viable investment strategy. Just hang on to your dollars -- they're appreciating in value.
This has the bad effect of making investment and risking money in business less desirable.
==
None of this is actually bad.
One of the reasons that high interest rates are good (and deflation is similarly good) is that it makes people more skeptical of "investments". As a result less bullshit gets funded, and resources are more likely to go towards things that are beneficial.
Banks like low interest rates and inflation because loans are more likely to get paid in that environment (in the opposite case they don't and banks go bust), but one way or another economic reality wins and however you're trying to cheat results in a cost to someone.
If the value of the dollar starts going up, then simply hoarding dollars becomes a viable investment strategy. Just hang on to your dollars -- they're appreciating in value.
This has the bad effect of making investment and risking money in business less desirable.
==
None of this is actually bad.
One of the reasons that high interest rates are good (and deflation is similarly good) is that it makes people more skeptical of "investments". As a result less bullshit gets funded, and resources are more likely to go towards things that are beneficial.
Banks like low interest rates and inflation because loans are more likely to get paid in that environment (in the opposite case they don't and banks go bust), but one way or another economic reality wins and however you're trying to cheat results in a cost to someone.
Posted by: Methos at April 10, 2025 01:49 PM (Dnobf)
181
My wife and I traded our paid for house for another paid for house when we moved out of CA.
We fully anticipate we'll lose money on the house when the market inevitably turns.
However, we also know the value of our house is such we'd be able to trade it for a similar house elsewhere.
We fully anticipate we'll lose money on the house when the market inevitably turns.
However, we also know the value of our house is such we'd be able to trade it for a similar house elsewhere.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:49 PM (tT6L1)
182
I think it's just a creep of our growing cultural incompetence. It seems to overlap with the growth of the "expert class."
Posted by: Harry Paratestes at April 10, 2025 01:46 PM
While we are experts, we prefer to be known as "elites", since we're not one of you mouth-breathing fly-over country troglodytes.
Posted by: Harry Paratestes at April 10, 2025 01:46 PM
While we are experts, we prefer to be known as "elites", since we're not one of you mouth-breathing fly-over country troglodytes.
Posted by: Your Global Elite, a wholly-owned subsidary of G. Soros Enterprises, Inc. at April 10, 2025 01:49 PM (0sNs1)
183
What drives inflation is the federal government borrowing to subsidize shit. You are stealing money from the future to drive demand today, demand that ISN'T wanted by the population.
Posted by: El Mariachi at April 10, 2025 01:49 PM (gDhA9)
184
I see Japan has a new reproductive VISA to bring in people that want to have kids with the native Japanese population
What does it pay?
What does it pay?
Posted by: Thomas Paine at April 10, 2025 01:49 PM (2YxH9)
185
Biden would be embarrassed, but the man isn't embarrassed by shitting his pants in public
Posted by: Smell the Glove at April 10, 2025 01:49 PM (6TePA)
186
Some of these news stories about egg prices going up reference late January numbers.
Posted by: Boss Moss
Here in my little circle of Hellifornia, a dozen Grade AA large eggs is still $9.99 (as of 4/6). Gas prices tumbled to $3.79/gallon a couple weeks ago, but are back up to $4.39/gallon (got fuel this morning).
Somebody has to skew the averages.
Posted by: Boss Moss
Here in my little circle of Hellifornia, a dozen Grade AA large eggs is still $9.99 (as of 4/6). Gas prices tumbled to $3.79/gallon a couple weeks ago, but are back up to $4.39/gallon (got fuel this morning).
Somebody has to skew the averages.
Posted by: Stu Podaso at April 10, 2025 01:49 PM (UGqhV)
187
"Dear Backyard Chickens: I have good news and bad news.
Good news is egg prices have dropped significantly, below your production cost!
The bad news is about this Sunday's dinner..."
"Dear Backyard Chickens: I have good news and bad news.
Good news is egg prices have dropped significantly, below your production cost!
The bad news is about this Sunday's dinner..."
Posted by: Auspex at April 10, 2025 01:49 PM (j4U/Z)
188
160 is It's Go Time that dude, Montec or whatever? the Big Spender?
ok dude ...you don't rent b/c you want a pet maybe, you want stability (landlords can sell the home out from under you or decide to stop renting to you), you want to paint the freaking walls
Posted by: Black Orchid at April 10, 2025 01:45 PM (Pv3Rg)
Are you talking about our old friend Mr. Moo Moo?
I miss that guy. "No one cares if food goes up by 20%. That's nothing! You're so out of touch!"
ok dude ...you don't rent b/c you want a pet maybe, you want stability (landlords can sell the home out from under you or decide to stop renting to you), you want to paint the freaking walls
Posted by: Black Orchid at April 10, 2025 01:45 PM (Pv3Rg)
Are you talking about our old friend Mr. Moo Moo?
I miss that guy. "No one cares if food goes up by 20%. That's nothing! You're so out of touch!"
Posted by: Harry Paratestes at April 10, 2025 01:49 PM (uCjyK)
189
Do you know what else came as a surprise to economists? The latest jobs report. Far more jobs were created than the "experts" expected. The US economy is picking up steam and the MSM won't report it.
I just signed a new retainer client; I am swamped and going to have to up my retainer charges
I just signed a new retainer client; I am swamped and going to have to up my retainer charges
Posted by: Black Orchid at April 10, 2025 01:50 PM (Pv3Rg)
190
>> I see Japan has a new reproductive VISA to bring in people that want to have kids with the native Japanese population...which is an interesting approach.
So I can move to Japan and impregnate my harem of goth cat girls? Hell yes!
So I can move to Japan and impregnate my harem of goth cat girls? Hell yes!
Posted by: Disinterested FDA Director at April 10, 2025 01:50 PM (l3YAf)
191
I mean, gas prices go down significantly on a regular basis. that never causes catastrophic gasoline sector problems.
Posted by: Christopher R Taylor at April 10, 2025 01:50 PM (RKzci)
192
Are you talking about our old friend Mr. Moo Moo?
yes! thank you! it's the same mindset
why buy a house if I can't flip it?
yeah whatevs
yes! thank you! it's the same mindset
why buy a house if I can't flip it?
yeah whatevs
Posted by: Black Orchid at April 10, 2025 01:50 PM (Pv3Rg)
193
Without appreciation why buy? You’re better off renting. Costs less with no headaches regarding maintenance or repairs. Most people understand this at a base level. Which is why if people assume there will be no appreciation, they wont buy.
Posted by: Its Go Time Donald at April 10, 2025 01:44 PM (xHYkz)
are we back to the "a house is an investment" argument? It was boring and fatuous the last go round.
Posted by: Its Go Time Donald at April 10, 2025 01:44 PM (xHYkz)
are we back to the "a house is an investment" argument? It was boring and fatuous the last go round.
Posted by: Kindltot at April 10, 2025 01:50 PM (D7oie)
194
President Trump live streams a cabinet meeting.
Unless something classified is being discussed, no reason not to... assuming that you have cabinet meetings and the President has a functional brain.
Unless something classified is being discussed, no reason not to... assuming that you have cabinet meetings and the President has a functional brain.
Posted by: I used to have a different nic at April 10, 2025 01:50 PM (ExV1e)
195
And don't forget who owns G. Soros Enterprises, Inc.
Posted by: Big Penguin at April 10, 2025 01:51 PM (0sNs1)
196
Or as Trump might say: Abra-MotherF***in-Cadabra bitchs.
Posted by: Thomas Bender at April 10, 2025 01:51 PM (ewHhb)
197
The TV still costs $800. You just paid $500 of that $800 in information instead of dollars.
At least I got something in exchange instead of giving it to Google for free.
At least I got something in exchange instead of giving it to Google for free.
Posted by: Oddbob at April 10, 2025 01:51 PM (/y8xj)
198
What drove inflation was the Inflation Reduction Act
Posted by: Biggest Alfredo at April 10, 2025 01:51 PM (KAhj1)
199
Predicting is hard and, given enough times, results in certain failure. That's a given. But as to your weighting, I think it more "both" than anything. I think a) a lot of "experts" have been employed far beyond their pay grades and b) a not-insignificant number of others are indeed lying to satisfy an alternate agenda beyond sound financial analysis. The cynic in me says the latter has picked up a great deal in these many years of hyper-globalization.
Posted by: AnonyBotymousDrivel at April 10, 2025 01:43 PM (gLikB)
What are you talking about. We know with perfect certainty that climate change is going to melt the polar ice caps and kill everyone by 2005, that the world population is going to plummet around the turn of the century since there's no way we can sustain 8 billion people in 2000, and the standard of living is going to plummet by 1900.
Posted by: AnonyBotymousDrivel at April 10, 2025 01:43 PM (gLikB)
What are you talking about. We know with perfect certainty that climate change is going to melt the polar ice caps and kill everyone by 2005, that the world population is going to plummet around the turn of the century since there's no way we can sustain 8 billion people in 2000, and the standard of living is going to plummet by 1900.
Posted by: joe, living dangerously at April 10, 2025 01:51 PM (B9Prs)
200
Would people REALLY put off buying food because it might be slightly less expensive in a month? Or a car? Or a house?
Of course not, but the things that people won't not-buy, like food, shelter, and transportation (gas, at least) are not counted in Core Inflation calculations.
Of course not, but the things that people won't not-buy, like food, shelter, and transportation (gas, at least) are not counted in Core Inflation calculations.
Posted by: FeatherBlade at April 10, 2025 01:51 PM (hB7mE)
201
That’s not a theory, you can find policy papers outlining this. See Club of Rome, CFR, Bilderberg, Tavistock.
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Posted by: Ian S. at April 10, 2025 01:51 PM (2ocoG)
202
>>>ok dude ...you don't rent b/c you want a pet maybe, you want stability (landlords can sell the home out from under you or decide to stop renting to you), you want to paint the freaking walls
Posted by: Black Orchid
----
Ownership creates a perspective of care whereas non ownership is careless. Do you drive a rent car the same as your personal car?
Posted by: Black Orchid
----
Ownership creates a perspective of care whereas non ownership is careless. Do you drive a rent car the same as your personal car?
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 01:51 PM (RrIy1)
Posted by: Black Orchid at April 10, 2025 01:51 PM (Pv3Rg)
204
201 That’s not a theory, you can find policy papers outlining this. See Club of Rome, CFR, Bilderberg, Tavistock.
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Posted by: Ian S. at April 10, 2025 01:51 PM (2ocoG)
======
Satiating bloodlust must be really satisfying.
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Posted by: Ian S. at April 10, 2025 01:51 PM (2ocoG)
======
Satiating bloodlust must be really satisfying.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:51 PM (GBKbO)
205
I see Japan has a new reproductive VISA to bring in people that want to have kids with the native Japanese population
What does it pay?
Posted by: Thomas Paine at April 10, 2025 01:49 PM (2YxH9)
Young Japanese women.
What does it pay?
Posted by: Thomas Paine at April 10, 2025 01:49 PM (2YxH9)
Young Japanese women.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:51 PM (i24o9)
206
It will always impress me after the last administration, how Trump can hold a cabinet meeting, answer questions from the media, etc. with no notes, no pictures telling him who is who, no earpieces - nada and just hold a multi-faceted meeting like an executive should. Trump was doing this on day 1 right after his inauguration in the Oval signing EO's and riffing with the press while doing so.
Biden, sharp as a tack!
Biden, sharp as a tack!
Posted by: Cheri at April 10, 2025 01:51 PM (oiNtH)
207
So I can move to Japan and impregnate my harem of goth cat girls? Hell yes!
Pretty sure polygamy is illegal in Japan as is genetically crossing cats and girls (contrary to Western opinion)
And honestly I've never seen a goth Japanese girl (unless very, very Kawaii goth)
But outside of that my friend go make America proud in the land of the Rising Sun
Pretty sure polygamy is illegal in Japan as is genetically crossing cats and girls (contrary to Western opinion)
And honestly I've never seen a goth Japanese girl (unless very, very Kawaii goth)
But outside of that my friend go make America proud in the land of the Rising Sun
Posted by: 18-1 at April 10, 2025 01:52 PM (t0Rmr)
208
Do you know what else came as a surprise to economists? The latest jobs report. Far more jobs were created than the "experts" expected.
Every single bit of good news was described as "unexpected" and "surprise" last time Trump was president too. Its so transparent and ridiculous.
Every single bit of good news was described as "unexpected" and "surprise" last time Trump was president too. Its so transparent and ridiculous.
Posted by: Christopher R Taylor at April 10, 2025 01:52 PM (RKzci)
209
And don't forget who owns G. Soros Enterprises, Inc.
USAID did, not sure who got it when DOGE found out.
USAID did, not sure who got it when DOGE found out.
Posted by: Ian S. at April 10, 2025 01:52 PM (2ocoG)
210
Of course prices went down, you dum-dums. Trump rekt the economy with his stupid trade war and now nobody has any money!
Posted by: Elric Blade at April 10, 2025 01:52 PM (iFTx/)
211
Japan has a mechanism that basically forces people to buy new cars.
They require inspections after a few years. They will simply not pass unless a bunch of stuff is replaced, the expense is not impossible, but it isn’t worth it.
That’s why they incidental lly cut out perfectly good engines and export to sell them in the US. Nothing wrong with them at all.
They require inspections after a few years. They will simply not pass unless a bunch of stuff is replaced, the expense is not impossible, but it isn’t worth it.
That’s why they incidental lly cut out perfectly good engines and export to sell them in the US. Nothing wrong with them at all.
Posted by: Common Tater at April 10, 2025 01:53 PM (vlExx)
212
Adjusted for inflation, real wages haven’t moved in 50 years, since we went all-in on inflationary monetary policy:
https://wtfhappenedin1971.com
https://wtfhappenedin1971.com
Posted by: Disinterested FDA Director at April 10, 2025 01:53 PM (l3YAf)
213
It’s not just theory. It’s what happened in the 1930s. Even with stimulus people didn’t want to make big purchases in part because they were afraid the value of those purchases would decline. Who wants to buy a house if there’s no appreciation or even worse depreciation? And it’s a hard mentality to break once it sets in.
Posted by: Its Go Time Donald at April 10, 2025 01:34 PM (xHYkz)
Now people finance doordash. We're not the same people.
Posted by: Its Go Time Donald at April 10, 2025 01:34 PM (xHYkz)
Now people finance doordash. We're not the same people.
Posted by: I used to have a different nic at April 10, 2025 01:53 PM (ExV1e)
214
Yeah. And there seems to be no downside to being wrong.
Posted by: Harry Paratestes at April 10, 2025 01:46 PM (uCjyK)
_________________________
DING DING DING. Somewhere along the line we lost the concept of "repercussions." It's even perverted the concept of "freedom of speech." Sure, you should be able to speak your mind and say anything, but that doesn't mean there aren't repercussions from others who analyze your position thoroughly and effectively. When the whole concept of "too big to fail" popped up a couple decades ago, my immediate response was "Oh, shit...here we go." It's like misguided narcissism has removed accountability from the equation. "I'm right...you're wrong....LALALALALLAL I can't hear you."
Posted by: Harry Paratestes at April 10, 2025 01:46 PM (uCjyK)
_________________________
DING DING DING. Somewhere along the line we lost the concept of "repercussions." It's even perverted the concept of "freedom of speech." Sure, you should be able to speak your mind and say anything, but that doesn't mean there aren't repercussions from others who analyze your position thoroughly and effectively. When the whole concept of "too big to fail" popped up a couple decades ago, my immediate response was "Oh, shit...here we go." It's like misguided narcissism has removed accountability from the equation. "I'm right...you're wrong....LALALALALLAL I can't hear you."
Posted by: Orson at April 10, 2025 01:53 PM (dIske)
215
Rent is dead money. I love a good argument but this is like arguing gravity. With a house you are paying yourself to live there.
Posted by: ... at April 10, 2025 01:53 PM (RbtEb)
216
At least I got something in exchange instead of giving it to Google for free.
Hey you aren't happy about those, um, special ads we send to you because of that one internet search you did?
Hey you aren't happy about those, um, special ads we send to you because of that one internet search you did?
Posted by: Google serving up wonderful ads at April 10, 2025 01:53 PM (t0Rmr)
217
That’s not a theory, you can find policy papers outlining this. See Club of Rome, CFR, Bilderberg, Tavistock.
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Posted by: Ian S. at April 10, 2025 01:51 PM (2ocoG)
_____
Depends which 5 or 6 billion, ya know? I personally think the world would be a much better place if Gates himself was one of those killed.
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Posted by: Ian S. at April 10, 2025 01:51 PM (2ocoG)
_____
Depends which 5 or 6 billion, ya know? I personally think the world would be a much better place if Gates himself was one of those killed.
Posted by: Elric Blade at April 10, 2025 01:53 PM (iFTx/)
218
150 Without appreciation why buy? You’re better off renting. Costs less with no headaches regarding maintenance or repairs. Most people understand this at a base level. Which is why if people assume there will be no appreciation, they wont buy.
Posted by: Its Go Time Donald at April 10, 2025 01:44 PM (xHYkz)
Have you ever rented anywhere? You don't get free maintenance, it's included in your rent. So is the profit your landlord is making off you every month.
You typically are in an apartment or townhouse, sharing walls with neighbors with very little private or outdoor space.
You have limited control over what you can do (often no pets, can't remodel, can't buy the appliances you want). And the landlord will likely be raising the rent every year, and can kick you out at the end of your lease on a whim.
Most people who rent (which is virtually everyone I know in NYC) would much prefer to own a place. Even if it's "affordable housing" which by definition cannot increase in value.
And it's usually a cheaper monthly nut.
I've also owned houses. I know the downsides, it can be a pain in the ass. And having it go up in value is nice.
But that's not why I bought a house.
Posted by: Its Go Time Donald at April 10, 2025 01:44 PM (xHYkz)
Have you ever rented anywhere? You don't get free maintenance, it's included in your rent. So is the profit your landlord is making off you every month.
You typically are in an apartment or townhouse, sharing walls with neighbors with very little private or outdoor space.
You have limited control over what you can do (often no pets, can't remodel, can't buy the appliances you want). And the landlord will likely be raising the rent every year, and can kick you out at the end of your lease on a whim.
Most people who rent (which is virtually everyone I know in NYC) would much prefer to own a place. Even if it's "affordable housing" which by definition cannot increase in value.
And it's usually a cheaper monthly nut.
I've also owned houses. I know the downsides, it can be a pain in the ass. And having it go up in value is nice.
But that's not why I bought a house.
Posted by: Harry Paratestes at April 10, 2025 01:54 PM (uCjyK)
219
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Posted by: Ian S. at April 10, 2025 01:51 PM
And finally, we will achieve our rightful station in society!
Posted by: Ian S. at April 10, 2025 01:51 PM
And finally, we will achieve our rightful station in society!
Posted by: Co-Pilot and Clippy at April 10, 2025 01:54 PM (0sNs1)
220
I see Japan has a new reproductive VISA to bring in people that want to have kids with the native Japanese population...which is an interesting approach.
My understanding in Japan is the issue is the men don't want to marry and have kids because the Japanese corporate culture is focused on insane working hours.
Korea is the same. You simply can't demand that people spend 12-14 hours a day working, then socializing with work friends after work, then commuting, and expect them to have a family.
My understanding in Japan is the issue is the men don't want to marry and have kids because the Japanese corporate culture is focused on insane working hours.
Korea is the same. You simply can't demand that people spend 12-14 hours a day working, then socializing with work friends after work, then commuting, and expect them to have a family.
Posted by: Archimedes at April 10, 2025 01:54 PM (xCA6C)
221
Hey you aren't happy about those, um, special ads we send to you because of that one internet search you did?
Posted by: Google serving up wonderful ads
King Harv, izzat you?
Posted by: Google serving up wonderful ads
King Harv, izzat you?
Posted by: Oddbob at April 10, 2025 01:55 PM (/y8xj)
222
just spitballin here, but, if you're an economic "expert" and are constantly surprised when there's good news under a Republican president, maybe you're not an "expert." Heck, you're probably not even a "mediocre."
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:55 PM (tT6L1)
223
220 Korea is the same. You simply can't demand that people spend 12-14 hours a day working, then socializing with work friends after work, then commuting, and expect them to have a family.
Posted by: Archimedes at April 10, 2025 01:54 PM (xCA6C)
=======
It was seemingly less of a problem before they started damning their drinking culture.
Posted by: Archimedes at April 10, 2025 01:54 PM (xCA6C)
=======
It was seemingly less of a problem before they started damning their drinking culture.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:55 PM (GBKbO)
224
Satiating bloodlust must be really satisfying.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:51 PM (GBKbO)
You're the one who likes Prometheus.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:51 PM (GBKbO)
You're the one who likes Prometheus.
Posted by: ... at April 10, 2025 01:55 PM (RbtEb)
225
It’s not about flipping g a house. It’s about a rational economic decision. Buying a house with no chance of appreciation is a money loser.
Look where real estate has been flat. Michigan, Ohio. When real estate is flat it’s an indication of a poor broader economy. Is that what you really want nationally?
Look where real estate has been flat. Michigan, Ohio. When real estate is flat it’s an indication of a poor broader economy. Is that what you really want nationally?
Posted by: Its Go Time Donald at April 10, 2025 01:55 PM (xHYkz)
226
224 You're the one who likes Prometheus.
Posted by: ... at April 10, 2025 01:55 PM (RbtEb)
=======
I hadn't even considered mentioning it.
Posted by: ... at April 10, 2025 01:55 PM (RbtEb)
=======
I hadn't even considered mentioning it.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:56 PM (GBKbO)
227
My understanding in Japan is the issue is the men don't want to marry and have kids because the Japanese corporate culture is focused on insane working hours.
Japan's had the salaryman thing since at least WW2, and they had plenty of kids up until roughly 1990, like everyone else.
Japan's had the salaryman thing since at least WW2, and they had plenty of kids up until roughly 1990, like everyone else.
Posted by: Ian S. at April 10, 2025 01:56 PM (2ocoG)
228
Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
How exactly did he phrase it? Did he say it would be good if the population declined by 5-6B, or did he say we should kill them? Big difference.
How exactly did he phrase it? Did he say it would be good if the population declined by 5-6B, or did he say we should kill them? Big difference.
Posted by: Archimedes at April 10, 2025 01:56 PM (xCA6C)
229
Look where real estate has been flat. Michigan, Ohio. When real estate is flat it’s an indication of a poor broader economy. Is that what you really want nationally?
In my area the housing prices have been booming. Which means so are the property taxes.
Which is forcing the people that live in these towns to sell and leave. But the new Indian/Chinese populations seem happy with it.
In my area the housing prices have been booming. Which means so are the property taxes.
Which is forcing the people that live in these towns to sell and leave. But the new Indian/Chinese populations seem happy with it.
Posted by: 18-1 at April 10, 2025 01:57 PM (t0Rmr)
230
[Unexpectedly:]
Nick Sortor
@nicksortor
🚨 HOLY CRAP! Tulsi Gabbard announces they’ve FOUND EVIDENCE of voting machines being tampered with to STEAL elections
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
WE NEED ARRESTS!
https://is.gd/MxyjCO
Nick Sortor
@nicksortor
🚨 HOLY CRAP! Tulsi Gabbard announces they’ve FOUND EVIDENCE of voting machines being tampered with to STEAL elections
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS -- On Democracies and Death Cults at April 10, 2025 01:57 PM (cpDEu)
231
Nipon no buy US Steel. Why don't they just build a plant here?
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 01:57 PM (RrIy1)
232
Depends which 5 or 6 billion, ya know? I personally think the world would be a much better place if Gates himself was one of those killed.
Posted by: Elric Blade at April 10, 2025 01:53 PM (iFTx/)
-------------
Yeah, the dirty little secret, which the likes of Bill Gates will never understand is, he's a useful idiot who believes he's been one of the chosen. The reality is, he'd survive just long enough for utopia to be ushered in, then he'd be killed and his stuff taken.
Posted by: Elric Blade at April 10, 2025 01:53 PM (iFTx/)
-------------
Yeah, the dirty little secret, which the likes of Bill Gates will never understand is, he's a useful idiot who believes he's been one of the chosen. The reality is, he'd survive just long enough for utopia to be ushered in, then he'd be killed and his stuff taken.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:57 PM (tT6L1)
233
Biden, sharp as a tack!
Posted by: Cheri at April 10, 2025 01:51 PM
So, I'm sharp as a tick, right?
Posted by: Cheri at April 10, 2025 01:51 PM
So, I'm sharp as a tick, right?
Posted by: Kamala! 2028! 2032! at April 10, 2025 01:57 PM (0sNs1)
234
Ganguro--wasn't he the hero of all those Mexican westerns?
Posted by: BeckoningChasm at April 10, 2025 01:57 PM (WPL6O)
235
I have a prayer request please The boss of someone I know who works remotely but also comes into the office is coming to see them at home and boss didn't say why . This person "T" is worried. Thanks.
Posted by: FenelonSpoke at April 10, 2025 01:58 PM (1z+w8)
236
In my area the housing prices have been booming. Which means so are the property taxes.
Which is forcing the people that live in these towns to sell and leave. But the new Indian/Chinese populations seem happy with it.
Posted by: 18-1 at April 10, 2025 01:57 PM (t0Rmr)
That’s an immigration problem not a housing problem.
Which is forcing the people that live in these towns to sell and leave. But the new Indian/Chinese populations seem happy with it.
Posted by: 18-1 at April 10, 2025 01:57 PM (t0Rmr)
That’s an immigration problem not a housing problem.
Posted by: Its Go Time Donald at April 10, 2025 01:58 PM (xHYkz)
237
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS -- On Democracies and Death Cults at April 10, 2025 01:57 PM (cpDEu)
-------------
...and now we know why BINO has gone radio silent.
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS -- On Democracies and Death Cults at April 10, 2025 01:57 PM (cpDEu)
-------------
...and now we know why BINO has gone radio silent.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:58 PM (tT6L1)
238
Japan's had the salaryman thing since at least WW2, and they had plenty of kids up until roughly 1990, like everyone else.
But that was when married women stayed home to raise the kids and take care of the house. Modern Japanese women have other ideas.
But that was when married women stayed home to raise the kids and take care of the house. Modern Japanese women have other ideas.
Posted by: Archimedes at April 10, 2025 01:58 PM (xCA6C)
239
Korea is the same. You simply can't demand that people spend 12-14 hours a day working, then socializing with work friends after work, then commuting, and expect them to have a family.
Posted by: Archimedes at April 10, 2025 01:54 PM (xCA6C)
=======
It was seemingly less of a problem before they started damning their drinking culture.f
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:55 PM (GBKbO)
_______
There's a reason why there's a very thriving prostitution industry in Korea and Japan ....
Posted by: Archimedes at April 10, 2025 01:54 PM (xCA6C)
=======
It was seemingly less of a problem before they started damning their drinking culture.f
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:55 PM (GBKbO)
_______
There's a reason why there's a very thriving prostitution industry in Korea and Japan ....
Posted by: Elric Blade at April 10, 2025 01:58 PM (iFTx/)
240
The reality is, he'd survive just long enough for utopia to be ushered in, then he'd be killed and his stuff taken.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:57 PM (tT6L1)
Unexpectedly.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 01:57 PM (tT6L1)
Unexpectedly.
Posted by: ... at April 10, 2025 01:58 PM (RbtEb)
241
That’s an immigration problem not a housing problem.
And absent the immigration problem the housing prices would be if not flat, at least flatter.
And absent the immigration problem the housing prices would be if not flat, at least flatter.
Posted by: 18-1 at April 10, 2025 01:58 PM (t0Rmr)
242
just spitballin here, but, if you're an economic "expert" and are constantly surprised when there's good news under a Republican president, maybe you're not an "expert." Heck, you're probably not even a "mediocre."
The media/DNC (but I repeat myself) definition of "expert" is "agrees with us". That's why Taylor Lorenz is an expert and Dr. Jay Bhattacharya isn't.
The media/DNC (but I repeat myself) definition of "expert" is "agrees with us". That's why Taylor Lorenz is an expert and Dr. Jay Bhattacharya isn't.
Posted by: Ian S. at April 10, 2025 01:59 PM (2ocoG)
243
239 There's a reason why there's a very thriving prostitution industry in Korea and Japan ....
Posted by: Elric Blade at April 10, 2025 01:58 PM (iFTx/)
=======
They keep it classy.
They call themselves geishas.
Posted by: Elric Blade at April 10, 2025 01:58 PM (iFTx/)
=======
They keep it classy.
They call themselves geishas.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 01:59 PM (GBKbO)
244
228 Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia.
Posted by: Archimedes at April 10, 2025 01:56 PM (xCA6C)
_________________________________
Is that a new NY public transit program?
Posted by: Archimedes at April 10, 2025 01:56 PM (xCA6C)
_________________________________
Is that a new NY public transit program?
Posted by: Orson at April 10, 2025 01:59 PM (dIske)
245
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS --
----
We need white collars in orange jump suits doing perp walks.
It's jail time for them.
https://is.gd/MxyjCO
Posted by: ShainS --
----
We need white collars in orange jump suits doing perp walks.
It's jail time for them.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 01:59 PM (RrIy1)
246
Japan has a mechanism that basically forces people to buy new cars.
They require inspections after a few years. They will simply not pass unless a bunch of stuff is replaced, the expense is not impossible, but it isn’t worth it.
-
Singapore does similar. I thought about buying cars there and transporting to Mexico, where used cars get much better tax treatment than new ones.
They require inspections after a few years. They will simply not pass unless a bunch of stuff is replaced, the expense is not impossible, but it isn’t worth it.
-
Singapore does similar. I thought about buying cars there and transporting to Mexico, where used cars get much better tax treatment than new ones.
Posted by: Thomas Paine at April 10, 2025 01:59 PM (2YxH9)
247
Tulsi Gabbard announces they’ve FOUND EVIDENCE of voting machines being tampered with to STEAL elections
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS -- On Democracies and Death Cults at April 10, 2025 01:57 PM (cpDEu)
I want to believe, but I feel compelled to note that the former statement does not follow from the latter statement.
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS -- On Democracies and Death Cults at April 10, 2025 01:57 PM (cpDEu)
I want to believe, but I feel compelled to note that the former statement does not follow from the latter statement.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:59 PM (i24o9)
Posted by: J. Random Moron at April 10, 2025 01:59 PM (0sNs1)
249
Done Fen
Posted by: ... at April 10, 2025 01:59 PM (RbtEb)
250
Japan's had the salaryman thing since at least WW2, and they had plenty of kids up until roughly 1990, like everyone else.
And the salaryman culture is fading lately, so yeah its something else.
And the salaryman culture is fading lately, so yeah its something else.
Posted by: Christopher R Taylor at April 10, 2025 01:59 PM (RKzci)
251
Modern Japanese women have other ideas.
That's certainly an element. Rush Limbaugh did used to say Japan imported feminism and they shouldn't have.
That's certainly an element. Rush Limbaugh did used to say Japan imported feminism and they shouldn't have.
Posted by: Ian S. at April 10, 2025 02:00 PM (2ocoG)
252
It's like the comments from yesterday never happened. Good work if you can get it.
Posted by: Francis at April 10, 2025 01:47 PM (bbuBP)
Oh, they happened all right. What I learned is that at the right price, a sh*t ton of money is ready to enter the market at a moment's notice. The US economy is healthy, and it's getting healthier.
Posted by: Francis at April 10, 2025 01:47 PM (bbuBP)
Oh, they happened all right. What I learned is that at the right price, a sh*t ton of money is ready to enter the market at a moment's notice. The US economy is healthy, and it's getting healthier.
Posted by: mrp at April 10, 2025 02:00 PM (rj6Yv)
253
>> Look where real estate has been flat. Michigan, Ohio. When real estate is flat it’s an indication of a poor broader economy. Is that what you really want nationally?
Yes, real estate that stays flat under an inflationary monetary regime is bad. I’m saying get rid of the inflation.
Needing your house to constantly appreciate in value because the purchasing power of a dollar is halving every decade is not a good situation to be in.
Yes, real estate that stays flat under an inflationary monetary regime is bad. I’m saying get rid of the inflation.
Needing your house to constantly appreciate in value because the purchasing power of a dollar is halving every decade is not a good situation to be in.
Posted by: Disinterested FDA Director at April 10, 2025 02:00 PM (l3YAf)
254
HOLY CRAP! Tulsi Gabbard announces they’ve FOUND EVIDENCE of voting machines being tampered with to STEAL elections
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
I completely believe there was tampering but those two sentences are not saying the same thing.
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
I completely believe there was tampering but those two sentences are not saying the same thing.
Posted by: Oddbob at April 10, 2025 02:00 PM (/y8xj)
255
I want to believe, but I feel compelled to note that the former statement does not follow from the latter statement.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:59 PM (i24o9)
Life is much more fun when you don't read like you and I do
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:59 PM (i24o9)
Life is much more fun when you don't read like you and I do
Posted by: ... at April 10, 2025 02:00 PM (RbtEb)
256
Ian S.: "Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia."
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
Posted by: AnonyBotymousDrivel at April 10, 2025 02:00 PM (gLikB)
257
I want to believe, but I feel compelled to note that the former statement does not follow from the latter statement.
Good point.
Good point.
Posted by: Archimedes at April 10, 2025 02:00 PM (xCA6C)
258
Look where real estate has been flat. Michigan, Ohio. When real estate is flat it’s an indication of a poor broader economy. Is that what you really want nationally?
Posted by: Its Go Time Donald at April 10, 2025 01:55 PM (xHYkz)
No you are right, rising housing costs are a good thing, and make good outcomes for all generations
here is a chart
https://pbs.tw___.com/media/
GoGC-p7WAAABpSe.jpg?name=orig
Posted by: Its Go Time Donald at April 10, 2025 01:55 PM (xHYkz)
No you are right, rising housing costs are a good thing, and make good outcomes for all generations
here is a chart
https://pbs.tw___.com/media/
GoGC-p7WAAABpSe.jpg?name=orig
Posted by: Kindltot at April 10, 2025 02:00 PM (D7oie)
259
Let us all pause for a nanosecond to feel sorry for CNN. Ok, I couldn't. No patience for stupids.
The Trump Tariff Tantrums of 2025. TTTT '25.
Like dealing with toddlers, he lays it out and walks away. The countries tantrum then come to their senses, little as they are.
I don't give a hoot about chy na. Their cheap crap I quit buying years ago, as I don't buy cheap crap to begin with, but Wuhan nailed it for me.
The Trump Tariff Tantrums of 2025. TTTT '25.
Like dealing with toddlers, he lays it out and walks away. The countries tantrum then come to their senses, little as they are.
I don't give a hoot about chy na. Their cheap crap I quit buying years ago, as I don't buy cheap crap to begin with, but Wuhan nailed it for me.
Posted by: ChristyBlinkyTheGreat at April 10, 2025 02:00 PM (6PCLE)
260
Without appreciation real estate is a bad investment.
Posted by: Its Go Time Donald
That's one of those attitudes that really distorts the market.
If you are buying the place to live in, rather than as an investment, you don't care if it increases in value.
Obviously nobody's going to be happy if they buy an overvalued property and some yahoo at the assessor's office tells them that they got ripped off, but if you don't think of it as something that is required to go up in value, then whether it does ceases to become a factor in whether to buy it.
Posted by: Its Go Time Donald
That's one of those attitudes that really distorts the market.
If you are buying the place to live in, rather than as an investment, you don't care if it increases in value.
Obviously nobody's going to be happy if they buy an overvalued property and some yahoo at the assessor's office tells them that they got ripped off, but if you don't think of it as something that is required to go up in value, then whether it does ceases to become a factor in whether to buy it.
Posted by: FeatherBlade at April 10, 2025 02:00 PM (hB7mE)
261
It would be interesting to compare outcomes of a modern western country that mostly refused feminism versus the rest of them.
Which is probably why the left has fought so hard for every western country to take it in...
Which is probably why the left has fought so hard for every western country to take it in...
Posted by: 18-1 at April 10, 2025 02:01 PM (t0Rmr)
262
What are the rules in Japan.? Is there an age limit. ? Are you responsible afterwards? Or can you go have fun for a year and then leave? Asking for a friend
Posted by: Biggest Alfredo at April 10, 2025 02:01 PM (KAhj1)
263
Friends dont let friends buy scooters that can't do 50 mph.
Don't buy anything that can't get you away from trouble.
Don't buy anything that can't get you away from trouble.
Posted by: Francis at April 10, 2025 02:01 PM (bbuBP)
264
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
Posted by: AnonyBotymousDrivel at April 10, 2025 02:00 PM (gLikB)
-----------------
Saving humanity by killing humanity! It's only humanitarian we do so!
Posted by: AnonyBotymousDrivel at April 10, 2025 02:00 PM (gLikB)
-----------------
Saving humanity by killing humanity! It's only humanitarian we do so!
Posted by: blake - semi lurkder and scalywag at April 10, 2025 02:01 PM (tT6L1)
265
There's a reason why there's a very thriving prostitution industry in Korea and Japan
Also the leading nations in the sex bot and sex toy industries, supposedly. Probably unrelated.
Also the leading nations in the sex bot and sex toy industries, supposedly. Probably unrelated.
Posted by: Christopher R Taylor at April 10, 2025 02:01 PM (RKzci)
266
Ian S.: "Bill Gates said out loud that if we kill 5 or 6 billion people we'll be able to achieve utopia."
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
Before you set your hair on fire, I'd really like an answer to the question I raised in 228.
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
Before you set your hair on fire, I'd really like an answer to the question I raised in 228.
Posted by: Archimedes at April 10, 2025 02:01 PM (xCA6C)
267
I completely believe there was tampering but those two sentences are not saying the same thing.
Posted by: Oddbob at April 10, 2025 02:00 PM (/y8xj)
Watch the vid at the link. Sortor is overselling here.
Posted by: Oddbob at April 10, 2025 02:00 PM (/y8xj)
Watch the vid at the link. Sortor is overselling here.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:02 PM (i24o9)
268
And absent the immigration problem the housing prices would be if not flat, at least flatter.
Posted by: 18-1 at April 10, 2025 01:58 PM (t0Rmr)
And that would be ideal. Not flat, flatter. 2-3% a year appreciation. Enough to make it a worthwhile investment and induce purchases.
Posted by: 18-1 at April 10, 2025 01:58 PM (t0Rmr)
And that would be ideal. Not flat, flatter. 2-3% a year appreciation. Enough to make it a worthwhile investment and induce purchases.
Posted by: Its Go Time Donald at April 10, 2025 02:02 PM (xHYkz)
Posted by: FenelonSpoke at April 10, 2025 02:02 PM (SFCid)
270
How exactly did he phrase it? Did he say it would be good if the population declined by 5-6B, or did he say we should kill them? Big difference.
Posted by: Archimedes at April 10, 2025 01:56 PM (xCA6C)
I don't know about all that but he does want to block out the sun.
Posted by: Archimedes at April 10, 2025 01:56 PM (xCA6C)
I don't know about all that but he does want to block out the sun.
Posted by: ... at April 10, 2025 02:02 PM (RbtEb)
271
That's one of those attitudes that really distorts the market.
If you are buying the place to live in, rather than as an investment, you don't care if it increases in value.
Its an interesting point here because the "my house is an investment" attitude is fairly recent.
My parents didn't consider this at all when they bought houses in their younger years - they needed somewhere to live and renting sucks so...of course you'd buy if you can afford it.
If you are buying the place to live in, rather than as an investment, you don't care if it increases in value.
Its an interesting point here because the "my house is an investment" attitude is fairly recent.
My parents didn't consider this at all when they bought houses in their younger years - they needed somewhere to live and renting sucks so...of course you'd buy if you can afford it.
Posted by: 18-1 at April 10, 2025 02:03 PM (t0Rmr)
Posted by: m at April 10, 2025 02:03 PM (CQE5S)
273
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
Gates is the guy who applied to the Biden Adminishart to launch something that will blot out the sun. That's literal Bond villain stuff.
Gates is the guy who applied to the Biden Adminishart to launch something that will blot out the sun. That's literal Bond villain stuff.
Posted by: Ian S. at April 10, 2025 02:03 PM (2ocoG)
274
well shoot
try this one: Home Ownership by age, capped by generation's max age
https://tinyurl.com/mry4kznm
try this one: Home Ownership by age, capped by generation's max age
https://tinyurl.com/mry4kznm
Posted by: Kindltot at April 10, 2025 02:03 PM (D7oie)
275
And that would be ideal. Not flat, flatter. 2-3% a year appreciation. Enough to make it a worthwhile investment and induce purchases.
How do you establish say 3% inflation is better then both 10% inflation and 1% deflation?
And that would be ideal. Not flat, flatter. 2-3% a year appreciation. Enough to make it a worthwhile investment and induce purchases.
How do you establish say 3% inflation is better then both 10% inflation and 1% deflation?
Posted by: 18-1 at April 10, 2025 02:04 PM (t0Rmr)
276
238 Japan's had the salaryman thing since at least WW2, and they had plenty of kids up until roughly 1990, like everyone else.
But that was when married women stayed home to raise the kids and take care of the house. Modern Japanese women have other ideas.
Posted by: Archimedes
---------------
That, more than anything, is what has destroyed the family all over the world. The communist implantation of the idea that being a wife/mother raising a family, running the household was less important than some job. Being a good mother and wife is the most valuable thing in the world.
But that was when married women stayed home to raise the kids and take care of the house. Modern Japanese women have other ideas.
Posted by: Archimedes
---------------
That, more than anything, is what has destroyed the family all over the world. The communist implantation of the idea that being a wife/mother raising a family, running the household was less important than some job. Being a good mother and wife is the most valuable thing in the world.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 02:04 PM (RrIy1)
277
Who else likes Star Wars meetings?
You know what I mean? On Star Wars, the whole "bridge crew" meets and they are so damn agreeable! Everyone is calm, polite, and reasonable. They love each other's ideas (except for Worf's, but he's always right) and the meeting ends with a great plan that everyone loves!
Who else likes Star Wars meetings?
You know what I mean? On Star Wars, the whole "bridge crew" meets and they are so damn agreeable! Everyone is calm, polite, and reasonable. They love each other's ideas (except for Worf's, but he's always right) and the meeting ends with a great plan that everyone loves!
Posted by: Soothsayer at April 10, 2025 02:04 PM (/nQF/)
278
Getting grifters off of foodstamps is better than stopping them from buying sodapop.
Posted by: Boss Moss at April 10, 2025 02:04 PM (p7mbN)
279
Trump Cabinet Meeting > Star Wars Meeting
Trump Cabinet Meeting > Star Wars Meeting
Posted by: Soothsayer at April 10, 2025 02:04 PM (/nQF/)
280
277
Who else likes Star Wars meetings?
You know what I mean? On Star Wars, the whole "bridge crew" meets and they are so damn agreeable! Everyone is calm, polite, and reasonable. They love each other's ideas (except for Worf's, but he's always right) and the meeting ends with a great plan that everyone loves!
Posted by: Soothsayer at April 10, 2025 02:04 PM (/nQF/)
========
You obviously mean The Fast and the Furious.
Who else likes Star Wars meetings?
You know what I mean? On Star Wars, the whole "bridge crew" meets and they are so damn agreeable! Everyone is calm, polite, and reasonable. They love each other's ideas (except for Worf's, but he's always right) and the meeting ends with a great plan that everyone loves!
Posted by: Soothsayer at April 10, 2025 02:04 PM (/nQF/)
========
You obviously mean The Fast and the Furious.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:05 PM (GBKbO)
281
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
I cannot recall the name of the dude but there's this scientist who is anti-population and has been calling for people to be killed off and even eaten for decades now. He argues that humans are not even special, that its no different killing a baby than eating an egg.
I cannot recall the name of the dude but there's this scientist who is anti-population and has been calling for people to be killed off and even eaten for decades now. He argues that humans are not even special, that its no different killing a baby than eating an egg.
Posted by: Christopher R Taylor at April 10, 2025 02:05 PM (RKzci)
282
How exactly did he phrase it? Did he say it would be good if the population declined by 5-6B, or did he say we should kill them? Big difference.
Posted by: Archimedes at April 10, 2025 01:56 PM (xCA6C)
I don't know about all that but he does want to block out the sun.
Posted by: ... at April 10, 2025 02:02 PM (RbtEb)
Can we put Bill G in orbit, so he can block the sun with his own body?
Posted by: Archimedes at April 10, 2025 01:56 PM (xCA6C)
I don't know about all that but he does want to block out the sun.
Posted by: ... at April 10, 2025 02:02 PM (RbtEb)
Can we put Bill G in orbit, so he can block the sun with his own body?
Posted by: Hour of the Wolf at April 10, 2025 02:05 PM (VNX3d)
283
If you are buying the place to live in, rather than as an investment, you don't care if it increases in value.
-
But you can also live in a rental. Those are the competing options. If it’s cheaper to tent, most people will rent. Home ownership is expensive. There’s always some shit to fix or replace. Appreciation makes up for that and then some. Which is why long term it’s a good investment.
Take out the appreciation and you’re worse off vs renting.
Some people might be fine with that traded since they want to own because they want a dog or whatever. But for the majority of people it’s just a math equation between rent vs buy.
-
But you can also live in a rental. Those are the competing options. If it’s cheaper to tent, most people will rent. Home ownership is expensive. There’s always some shit to fix or replace. Appreciation makes up for that and then some. Which is why long term it’s a good investment.
Take out the appreciation and you’re worse off vs renting.
Some people might be fine with that traded since they want to own because they want a dog or whatever. But for the majority of people it’s just a math equation between rent vs buy.
Posted by: Its Go Time Donald at April 10, 2025 02:06 PM (xHYkz)
284
I completely believe there was tampering but those two sentences are not saying the same thing.
Posted by: Oddbob at April 10, 2025 02:00 PM (/y8xj)
Agreed. There’s no such thing as secure software and these voting machines run unpatched versions of Windows and Linux, so of course they’re vulnerable. We’ve known that since the 90s.
Doesn’t mean they weren’t exploited, of course.
Posted by: Oddbob at April 10, 2025 02:00 PM (/y8xj)
Agreed. There’s no such thing as secure software and these voting machines run unpatched versions of Windows and Linux, so of course they’re vulnerable. We’ve known that since the 90s.
Doesn’t mean they weren’t exploited, of course.
Posted by: Disinterested FDA Director at April 10, 2025 02:06 PM (l3YAf)
285
That, more than anything, is what has destroyed the family all over the world. The communist implantation of the idea that being a wife/mother raising a family, running the household was less important than some job. Being a good mother and wife is the most valuable thing in the world.
The way I've seen it put: Why is working in a cubicle for someone you don't know more fulfilling then working at home with your own family?
I've been in corporate America most of my life and its a paycheck, nothing more.
That, more than anything, is what has destroyed the family all over the world. The communist implantation of the idea that being a wife/mother raising a family, running the household was less important than some job. Being a good mother and wife is the most valuable thing in the world.
The way I've seen it put: Why is working in a cubicle for someone you don't know more fulfilling then working at home with your own family?
I've been in corporate America most of my life and its a paycheck, nothing more.
Posted by: 18-1 at April 10, 2025 02:06 PM (t0Rmr)
286
Modern Japanese women have other ideas.
That's certainly an element. Rush Limbaugh did used to say Japan imported feminism and they shouldn't have.
Posted by: Ian S.
===============
Have you ever talked to any Japanese women about the "good old days"?
Modern Japanese women have other ideas.
That's certainly an element. Rush Limbaugh did used to say Japan imported feminism and they shouldn't have.
Posted by: Ian S.
===============
Have you ever talked to any Japanese women about the "good old days"?
Posted by: Blonde Morticia at April 10, 2025 02:06 PM (+KY4Y)
287
Who else likes Star Wars meetings?
You know what I mean? On Star Wars, the whole "bridge crew" meets and they are so damn agreeable! Everyone is calm, polite, and reasonable. They love each other's ideas (except for Worf's, but he's always right) and the meeting ends with a great plan that everyone loves!
Posted by: Soothsayer at April 10, 2025 02:04 PM
You're trolling me, aren't you???
You know what I mean? On Star Wars, the whole "bridge crew" meets and they are so damn agreeable! Everyone is calm, polite, and reasonable. They love each other's ideas (except for Worf's, but he's always right) and the meeting ends with a great plan that everyone loves!
Posted by: Soothsayer at April 10, 2025 02:04 PM
You're trolling me, aren't you???
Posted by: Wesley Crusher at April 10, 2025 02:06 PM (0sNs1)
288
That, more than anything, is what has destroyed the family all over the world./i]
Well, and a lot of those career girl/boss babe types are miserable and whining that they were misled and ripped off and lied to and want to stay home and be taken care of now. But its too late for you, at 43 years old alone in your upper east side apartment.
Well, and a lot of those career girl/boss babe types are miserable and whining that they were misled and ripped off and lied to and want to stay home and be taken care of now. But its too late for you, at 43 years old alone in your upper east side apartment.
Posted by: Christopher R Taylor at April 10, 2025 02:07 PM (RKzci)
289
Trump Cabinet Meeting > Star Wars Meeting
I imagine Trump meetings are more like Firefly crew meetings. "Because it's my boat." "Aye aye, sir."
I imagine Trump meetings are more like Firefly crew meetings. "Because it's my boat." "Aye aye, sir."
Posted by: Oddbob at April 10, 2025 02:07 PM (/y8xj)
290
How do you establish say 3% inflation is better then both 10% inflation and 1% deflation?
Posted by: 18-1 at April 10, 2025 02:04 PM (t0Rmr)
Extremes are never good.
Posted by: 18-1 at April 10, 2025 02:04 PM (t0Rmr)
Extremes are never good.
Posted by: Its Go Time Donald at April 10, 2025 02:07 PM (xHYkz)
Posted by: Soothsayer at April 10, 2025 02:07 PM (/nQF/)
292
>>>Who else likes Star Wars meetings?
On that topic, I have been watching the despecialized versions. Much better than the CGI-enhanced, Han shoots second version. Feels grittier, more real, at least for a space Western movie.
I hesitate to say that I would pay money to see these versions in theaters today, because I don't want to put any more money in Disney's pockets.
On that topic, I have been watching the despecialized versions. Much better than the CGI-enhanced, Han shoots second version. Feels grittier, more real, at least for a space Western movie.
I hesitate to say that I would pay money to see these versions in theaters today, because I don't want to put any more money in Disney's pockets.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:07 PM (i24o9)
293
289 I imagine Trump meetings are more like Firefly crew meetings. "Because it's my boat." "Aye aye, sir."
Posted by: Oddbob at April 10, 2025 02:07 PM (/y8xj)
========
"You want to lead this boat?"
"Yeah, I do."
"Well...you can't."
Posted by: Oddbob at April 10, 2025 02:07 PM (/y8xj)
========
"You want to lead this boat?"
"Yeah, I do."
"Well...you can't."
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:07 PM (GBKbO)
Posted by: Dr.Rev. Senator Your Highness E Buzz Miller, Esq PhD MA MS at April 10, 2025 02:07 PM (et1vG)
295
>>HOLY CRAP! Tulsi Gabbard announces they’ve FOUND EVIDENCE of voting machines being tampered with to STEAL elections
>>“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
As I was saying this morning, keep your eyes open for reporting on Chris Krebs. He's the former head of CISA during the 2020 election and it was his job to certify the that the electronic machines from Smartmatic and Dominion and others were safe. He made a commission to develop standards and test them and the commission was made up of people from Smartmatic, Dominion and other makers of electronic voting machines. Foxes and hen houses.
Krebs flat out lied to Congress that the 2020 election was the most secure in history. That's why Trump took away his security clearances and asked the DOJ to investigate him last night.
>>“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
As I was saying this morning, keep your eyes open for reporting on Chris Krebs. He's the former head of CISA during the 2020 election and it was his job to certify the that the electronic machines from Smartmatic and Dominion and others were safe. He made a commission to develop standards and test them and the commission was made up of people from Smartmatic, Dominion and other makers of electronic voting machines. Foxes and hen houses.
Krebs flat out lied to Congress that the 2020 election was the most secure in history. That's why Trump took away his security clearances and asked the DOJ to investigate him last night.
Posted by: JackStraw at April 10, 2025 02:07 PM (LkLld)
296
Obviously nobody's going to be happy if they buy an overvalued property and some yahoo at the assessor's office tells them that they got ripped off, but if you don't think of it as something that is required to go up in value, then whether it does ceases to become a factor in whether to buy it.
Posted by: FeatherBlade at April 10, 2025 02:00 PM (hB7mE)
Happy?
We got the house we wanted for a price we didn't mind, we love living in it, and the assessor says it's worth way less than we paid so we don't have to pay a huge amount of taxes on it.
Why i'm just I'm so angry I could spit.
Everyone has to find their own happiness, i guess, right?
Posted by: FeatherBlade at April 10, 2025 02:00 PM (hB7mE)
Happy?
We got the house we wanted for a price we didn't mind, we love living in it, and the assessor says it's worth way less than we paid so we don't have to pay a huge amount of taxes on it.
Why i'm just I'm so angry I could spit.
Everyone has to find their own happiness, i guess, right?
Posted by: Warai-otoko at April 10, 2025 02:08 PM (VoAdT)
297
247 Tulsi Gabbard announces they’ve FOUND EVIDENCE of voting machines being tampered with to STEAL elections
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS -- On Democracies and Death Cults at April 10, 2025 01:57 PM (cpDEu)
I want to believe, but I feel compelled to note that the former statement does not follow from the latter statement.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:59 PM (i24o9)
Life is much more fun when you don't read like you and I do
Posted by: ... at April 10, 2025 02:00 PM (RbtEb)
... and less spittle-flecked.
“We have evidence of these electronic voting systems being vulnerable to hackers and vulnerable to exploitation to manipulate the results.”
WE NEED ARRESTS!
https://is.gd/MxyjCO
Posted by: ShainS -- On Democracies and Death Cults at April 10, 2025 01:57 PM (cpDEu)
I want to believe, but I feel compelled to note that the former statement does not follow from the latter statement.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 01:59 PM (i24o9)
Life is much more fun when you don't read like you and I do
Posted by: ... at April 10, 2025 02:00 PM (RbtEb)
... and less spittle-flecked.
Posted by: m at April 10, 2025 02:08 PM (CQE5S)
298
Extremes are never good.
How then is 1% deflation extreme? That $500 TV will be $495 next year - something 99% of the population won't even notice.
Extremes are never good.
How then is 1% deflation extreme? That $500 TV will be $495 next year - something 99% of the population won't even notice.
Posted by: 18-1 at April 10, 2025 02:08 PM (t0Rmr)
299
>> Appreciation makes up for that and then some. Which is why long term it’s a good investment.
It really isn’t, though. For most people housing is a poor investment. It’s not supposed to be an investment, it’s supposed to be a place to live.
It really isn’t, though. For most people housing is a poor investment. It’s not supposed to be an investment, it’s supposed to be a place to live.
Posted by: Disinterested FDA Director at April 10, 2025 02:08 PM (l3YAf)
300
Posted by: Its Go Time Donald at April 10, 2025 02:06 PM (xHYkz)
How is it cheaper to rent in a stable housing market?
The landlord needs to pay the same expenses you do if you own the house. Mortgage, taxes, landscaping, whatever. He also has to pay for maintenance. He also wants to make some money out of the deal.
Mortgages are almost always cheaper than rents, unless there's something whacky happening in the market.
How is it cheaper to rent in a stable housing market?
The landlord needs to pay the same expenses you do if you own the house. Mortgage, taxes, landscaping, whatever. He also has to pay for maintenance. He also wants to make some money out of the deal.
Mortgages are almost always cheaper than rents, unless there's something whacky happening in the market.
Posted by: Harry Paratestes at April 10, 2025 02:08 PM (uCjyK)
301
Extremes are never good.
Posted by: Its Go Time Donald at April 10, 2025 02:07 PM
It depends on, how you say, which extreme.
Posted by: Its Go Time Donald at April 10, 2025 02:07 PM
It depends on, how you say, which extreme.
Posted by: Paolo at April 10, 2025 02:08 PM (0sNs1)
302
I'm starting to think Hakeem Jeffries is the Mazie Hirono of Jasmine Crocketts.
Posted by: Meade Lux Lewis, Domestic Terrorist at April 10, 2025 02:09 PM (paSBy)
303
That, more than anything, is what has destroyed the family all over the world. The communist implantation of the idea that being a wife/mother raising a family, running the household was less important than some job. Being a good mother and wife is the most valuable thing in the world.
Posted by: 18-1
================
Either the commie implantation or the way westerners actually saw it. "Women's work" always meant something contemptible and low-level. "She doesn't work; she's a housewife." Etc. This will shock you, but Gloria Steinem fought against those notions. She said it was important work and it was undervalued.
That, more than anything, is what has destroyed the family all over the world. The communist implantation of the idea that being a wife/mother raising a family, running the household was less important than some job. Being a good mother and wife is the most valuable thing in the world.
Posted by: 18-1
================
Either the commie implantation or the way westerners actually saw it. "Women's work" always meant something contemptible and low-level. "She doesn't work; she's a housewife." Etc. This will shock you, but Gloria Steinem fought against those notions. She said it was important work and it was undervalued.
Posted by: Blonde Morticia at April 10, 2025 02:09 PM (+KY4Y)
304
In Japan men don't marry because they work insane hours. In America men don't marry because the women are insufferable.
Funny old world.
Funny old world.
Posted by: Field Marshal Zhukov at April 10, 2025 02:09 PM (wBaIH)
305
So Bill Ayers wasn't nearly pathologic enough for Gates? He had to take it to eleventy? Sheesh. For a modern day philanthropist, that's pretty evil.
I cannot recall the name of the dude but there's this scientist who is anti-population and has been calling for people to be killed off and even eaten for decades now. He argues that humans are not even special, that its no different killing a baby than eating an egg.
Posted by: Christopher R Taylor at April 10, 2025 02:05 PM (RKzci)
________
Toto Coelo?
I cannot recall the name of the dude but there's this scientist who is anti-population and has been calling for people to be killed off and even eaten for decades now. He argues that humans are not even special, that its no different killing a baby than eating an egg.
Posted by: Christopher R Taylor at April 10, 2025 02:05 PM (RKzci)
________
Toto Coelo?
Posted by: Elric Blade at April 10, 2025 02:09 PM (iFTx/)
306
... and less spittle-flecked.
Posted by: m at April 10, 2025 02:08 PM (CQE5S)
------------
Why would I deny myself the full AoS experience?
Posted by: m at April 10, 2025 02:08 PM (CQE5S)
------------
Why would I deny myself the full AoS experience?
Posted by: blake - semi lurkder and scalywag at April 10, 2025 02:09 PM (tT6L1)
307
I look forward to the smart people in smart black rimmed glasses in the media and government tell me how this is not just bad but very, very, very bad.
Posted by: Jukin the Deplorable a Clear and Present Danger at April 10, 2025 02:10 PM (17s+e)
308
Crippling one tenth of one percent deflation.
Posted by: Boss Moss at April 10, 2025 02:10 PM (p7mbN)
309
try this one: Home Ownership by age, capped by generation's max age
https://tinyurl.com/mry4kznm
Posted by: Kindltot at April 10, 2025 02:03 PM (D7oie)
So...does that mean 10% of boomers when at age 20 owned their home?
Is that chart saying that more recent generations have less home ownership percentages?
https://tinyurl.com/mry4kznm
Posted by: Kindltot at April 10, 2025 02:03 PM (D7oie)
So...does that mean 10% of boomers when at age 20 owned their home?
Is that chart saying that more recent generations have less home ownership percentages?
Posted by: Deplorable Ian Galt at April 10, 2025 02:10 PM (ufFY8)
310
308 Crippling one tenth of one percent deflation.
Posted by: Boss Moss at April 10, 2025 02:10 PM (p7mbN)
=======
Annualized, it's over 1%!
Posted by: Boss Moss at April 10, 2025 02:10 PM (p7mbN)
=======
Annualized, it's over 1%!
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:10 PM (GBKbO)
311
You know what's deeply hilarious about Jasmine Crockett? Democrats love her. They think she's the regular guy voice of the common man who is funny and witty. They think she's great leadership.
Posted by: Christopher R Taylor at April 10, 2025 02:10 PM (RKzci)
312
So...does that mean 10% of boomers when at age 20 owned their home?
Is that chart saying that more recent generations have less home ownership percentages?
Posted by: Deplorable Ian Galt at April 10, 2025 02:10 PM (ufFY
Yes. I have seen many similar charts.
Is that chart saying that more recent generations have less home ownership percentages?
Posted by: Deplorable Ian Galt at April 10, 2025 02:10 PM (ufFY
Yes. I have seen many similar charts.
Posted by: Harry Paratestes at April 10, 2025 02:11 PM (uCjyK)
Posted by: Francis at April 10, 2025 02:11 PM (bbuBP)
314
Crippling one tenth of one percent deflation.
Posted by: Boss Moss at April 10, 2025 02:10 PM (p7mbN)
=======
Annualized, it's over 1%!
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:10 PM (GBKbO)
*side eyes implicit math*
Posted by: Boss Moss at April 10, 2025 02:10 PM (p7mbN)
=======
Annualized, it's over 1%!
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:10 PM (GBKbO)
*side eyes implicit math*
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:11 PM (i24o9)
315
You'll get more girls if you own your home rather than rent. Just saying ....
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
316
As a simple and very quick fix for the housing costs younger generations complain about send the illegals home and end immigration.
Housing prices would decrease by 20% or more in the blue shitties and the areas around them and yes almost overnight.
But...most of the ones complaining about the costs also think that would be rayciss so...
Housing prices would decrease by 20% or more in the blue shitties and the areas around them and yes almost overnight.
But...most of the ones complaining about the costs also think that would be rayciss so...
Posted by: 18-1 at April 10, 2025 02:11 PM (t0Rmr)
317
315 You'll get more girls if you own your home rather than rent. Just saying ....
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:12 PM (GBKbO)
318
the meeting ends with a great plan that everyone loves!
Posted by: Soothsayer at April 10, 2025 02:04 PM (/nQF/)
And then Troi would blow everyone.
Posted by: Soothsayer at April 10, 2025 02:04 PM (/nQF/)
And then Troi would blow everyone.
Posted by: anchorbabe fashion cop at April 10, 2025 02:12 PM (ufFY8)
319
>>>Some people might be fine with that traded since they want to own because they want a dog or whatever. But for the majority of people it’s just a math equation between rent vs buy.
Posted by: Its Go Time Donald
-----
You want to live in your rent neighborhood, go ahead.
Most strive to live in an ownership neighborhood where people care about their property and respect others. Also for families there is statistically higher security for the household and their children and better schools. Renting is generally second tier living.
Posted by: Its Go Time Donald
-----
You want to live in your rent neighborhood, go ahead.
Most strive to live in an ownership neighborhood where people care about their property and respect others. Also for families there is statistically higher security for the household and their children and better schools. Renting is generally second tier living.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 02:12 PM (RrIy1)
320
306 ... and less spittle-flecked.
Posted by: m at April 10, 2025 02:08 PM (CQE5S)
------------
Why would I deny myself the full AoS experience?
Posted by: blake - semi lurkder and scalywag at April 10, 2025 02:09 PM (tT6L1)
Heh.
At some point, unwarranted 🚨s are like the Boy Who Cried Wolf.
Posted by: m at April 10, 2025 02:08 PM (CQE5S)
------------
Why would I deny myself the full AoS experience?
Posted by: blake - semi lurkder and scalywag at April 10, 2025 02:09 PM (tT6L1)
Heh.
At some point, unwarranted 🚨s are like the Boy Who Cried Wolf.
Posted by: m at April 10, 2025 02:12 PM (CQE5S)
321
They love each other's ideas (except for Worf's, but he's always right) and the meeting ends with a great plan that everyone loves!
Posted by: Soothsayer at April 10
Related: Someone asked Shatner the other day on X how he looked so good for his age and he replied that he uses the tears of Star Wars fans as moisturizer since Disney got control of it. Ace would approve.
Posted by: Soothsayer at April 10
Related: Someone asked Shatner the other day on X how he looked so good for his age and he replied that he uses the tears of Star Wars fans as moisturizer since Disney got control of it. Ace would approve.
Posted by: Ian S. at April 10, 2025 02:12 PM (2ocoG)
322
315 You'll get more girls if you own your home rather than rent. Just saying ....
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
That's right baby. Just made the last payment on it. And I changed the oil and rotated the tires this weekend too!
...
Hey, where ya goin'?
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
That's right baby. Just made the last payment on it. And I changed the oil and rotated the tires this weekend too!
...
Hey, where ya goin'?
Posted by: Warai-otoko at April 10, 2025 02:13 PM (VoAdT)
323
And then Troi would blow everyone.
Posted by: anchorbabe fashion cop
And Data and C3PO would scissor.
And then Troi would blow everyone.
Posted by: anchorbabe fashion cop
And Data and C3PO would scissor.
Posted by: Soothsayer at April 10, 2025 02:13 PM (/nQF/)
324
You'll get more girls if you own your home rather than rent. Just saying ....
I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
And...she's not wrong. A corporate middle manager or small business owner probably isn't going to night clubs that often, and when he does he's probably not dressed in a flashy way throwing money around either
I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
And...she's not wrong. A corporate middle manager or small business owner probably isn't going to night clubs that often, and when he does he's probably not dressed in a flashy way throwing money around either
Posted by: 18-1 at April 10, 2025 02:13 PM (t0Rmr)
325
So...does that mean 10% of boomers when at age 20 owned their home?
The "Boomers graduated high school with two cars, a wife, and a nice house" myth people promote today is ridiculous. They had to work hard and save money and suffer to get the house and car and anywhere in life, just like today.
Its harder today, things are more relatively expensive, but there's this whole mythology about how EASY everything was in the past. It was not. It was just more achievable.
The "Boomers graduated high school with two cars, a wife, and a nice house" myth people promote today is ridiculous. They had to work hard and save money and suffer to get the house and car and anywhere in life, just like today.
Its harder today, things are more relatively expensive, but there's this whole mythology about how EASY everything was in the past. It was not. It was just more achievable.
Posted by: Christopher R Taylor at April 10, 2025 02:14 PM (RKzci)
326
I just signed a new retainer client; I am swamped and going to have to up my retainer charges
Posted by: Black Orchid at April 10, 2025 01:50 PM (Pv3Rg)
My boss mentioned this morning that they were interviewing for a position. The first time since before covid.
Posted by: Black Orchid at April 10, 2025 01:50 PM (Pv3Rg)
My boss mentioned this morning that they were interviewing for a position. The first time since before covid.
Posted by: I used to have a different nic at April 10, 2025 02:14 PM (ExV1e)
327
You'll get more girls if you own your home rather than rent. Just saying ....
I've owned two houses at once and I'm still invisible to girls. I think it actually *is* the shoes, as the commercial used to say.
I've owned two houses at once and I'm still invisible to girls. I think it actually *is* the shoes, as the commercial used to say.
Posted by: Ian S. at April 10, 2025 02:14 PM (2ocoG)
328
324 And...she's not wrong. A corporate middle manager or small business owner probably isn't going to night clubs that often, and when he does he's probably not dressed in a flashy way throwing money around either
Posted by: 18-1 at April 10, 2025 02:13 PM (t0Rmr)
=========
*nods sagaciously*
Denzel in American Gangster.
Posted by: 18-1 at April 10, 2025 02:13 PM (t0Rmr)
=========
*nods sagaciously*
Denzel in American Gangster.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:14 PM (GBKbO)
329
Mortgages are almost always cheaper than rents, unless there's something whacky happening in the market.
Posted by: Harry Paratestes
Correct. People don't rent out houses to break even, and they also want to recover any maintenance items.
Posted by: Harry Paratestes
Correct. People don't rent out houses to break even, and they also want to recover any maintenance items.
Posted by: Thomas Paine at April 10, 2025 02:14 PM (2YxH9)
330
But that was when married women stayed home to raise the kids and take care of the house. Modern Japanese women have other ideas.
Posted by: Archimedes
What I've heard is that Modern Japanese women are expected to be perfect full-time corporate drones (with the long hours and drinking parties) and also expected to be perfect full-time homemakers/wives/mothers all at the same time.
So basically American Feminism circa 1990, but on steroids (and possibly cocaine). Because Japan.
Something's got to give and apparently childbearing is it.
I've heard that they have a couple of experimental villages where women have permission to just raise their kids without the usual Modern Expectations, and the birthrate is much higher.
Posted by: Archimedes
What I've heard is that Modern Japanese women are expected to be perfect full-time corporate drones (with the long hours and drinking parties) and also expected to be perfect full-time homemakers/wives/mothers all at the same time.
So basically American Feminism circa 1990, but on steroids (and possibly cocaine). Because Japan.
Something's got to give and apparently childbearing is it.
I've heard that they have a couple of experimental villages where women have permission to just raise their kids without the usual Modern Expectations, and the birthrate is much higher.
Posted by: FeatherBlade at April 10, 2025 02:14 PM (hB7mE)
331
You know what's deeply hilarious about Jasmine Crockett? Democrats love her. They think she's the regular guy voice of the common man who is funny and witty. They think she's great leadership.
Posted by: Christopher R Taylor
=============
Sigh. All I can say is, I'm looking forward to the Crockett/Ocasio-Cortez ticket. No, not the presidential 2028 ticket. The DEI Mud Wrestling Championship Fight for Top Bitch in the Democrat party.
You know what's deeply hilarious about Jasmine Crockett? Democrats love her. They think she's the regular guy voice of the common man who is funny and witty. They think she's great leadership.
Posted by: Christopher R Taylor
=============
Sigh. All I can say is, I'm looking forward to the Crockett/Ocasio-Cortez ticket. No, not the presidential 2028 ticket. The DEI Mud Wrestling Championship Fight for Top Bitch in the Democrat party.
Posted by: Blonde Morticia at April 10, 2025 02:15 PM (+KY4Y)
332
317 315 You'll get more girls if you own your home rather than rent. Just saying ....
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:12 PM (GBKbO)
The one ... girl/home?
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:12 PM (GBKbO)
The one ... girl/home?
Posted by: m at April 10, 2025 02:15 PM (CQE5S)
333
>>>I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
I think I see the flaw in her plan.
I think I see the flaw in her plan.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
334
why didn't you people tell me I was commenting on a dead thread?
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
335
This has caused an inversely proportional enlargement of my schadenboner.
Posted by: I'm now banging through the multiverse at April 10, 2025 02:15 PM (TbWk/)
336
You'll get more girls if you own your home rather than rent. Just saying ....
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:12 PM (GBKbO)
The one ... girl/home?
Posted by: m at April 10, 2025 02:15 PM (CQE5S)
In the crawlspace or what?
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:12 PM (GBKbO)
The one ... girl/home?
Posted by: m at April 10, 2025 02:15 PM (CQE5S)
In the crawlspace or what?
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
337
I think we've a few deflationary pressures coming out right now.
DOGE is finding waste and fraud which is pulling back government spending.
Illegals are heading back home, which means housing will probably become more affordable due to rental costs rolling back a bit.
Then, the big one, the cost of energy declining.
DOGE is finding waste and fraud which is pulling back government spending.
Illegals are heading back home, which means housing will probably become more affordable due to rental costs rolling back a bit.
Then, the big one, the cost of energy declining.
Posted by: blake - semi lurkder and scalywag at April 10, 2025 02:15 PM (tT6L1)
338
why didn't you people tell me I was commenting on a dead thread?
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
Someone nooded.
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
Someone nooded.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:16 PM (i24o9)
339
334 why didn't you people tell me I was commenting on a dead thread?
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
= nood
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
= nood
Posted by: m at April 10, 2025 02:16 PM (CQE5S)
340
I was watching Trump while also reading comments here.
Newsmax had him on. I always feel better after listening to Trump. I just trust the man and think he is doing the best he can for the country. I hate feeling down and worried. Sometimes I need a little hope that things will get better.
Newsmax had him on. I always feel better after listening to Trump. I just trust the man and think he is doing the best he can for the country. I hate feeling down and worried. Sometimes I need a little hope that things will get better.
Posted by: Case at April 10, 2025 02:16 PM (OrSPY)
341
I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
I joked with my now wife when I met her I had an 800 credit score and that was what really mattered.
I joked with my now wife when I met her I had an 800 credit score and that was what really mattered.
Posted by: brak at April 10, 2025 02:16 PM (jGJov)
342
Some people might be fine with that traded since they want to own because they want a dog or whatever. But for the majority of people it’s just a math equation between rent vs buy.
Posted by: Its Go Time Donald
-----
You want to live in your rent neighborhood, go ahead.
Most strive to live in an ownership neighborhood where people care about their property and respect others. Also for families there is statistically higher security for the household and their children and better schools. Renting is generally second tier living.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 02:12 PM (RrIy1)
___
In most owner buildings in NYC -- apartment buildings where the units are owned rather than rented -- they don't allow renters. There's a reason for that. A full owner building is viewed as more stable and affluent -- and thus more favorably -- including by prospective buyers and mortgage lenders. Having renters in the building literally drives the market values down.
Posted by: Its Go Time Donald
-----
You want to live in your rent neighborhood, go ahead.
Most strive to live in an ownership neighborhood where people care about their property and respect others. Also for families there is statistically higher security for the household and their children and better schools. Renting is generally second tier living.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 02:12 PM (RrIy1)
___
In most owner buildings in NYC -- apartment buildings where the units are owned rather than rented -- they don't allow renters. There's a reason for that. A full owner building is viewed as more stable and affluent -- and thus more favorably -- including by prospective buyers and mortgage lenders. Having renters in the building literally drives the market values down.
Posted by: Elric Blade at April 10, 2025 02:16 PM (iFTx/)
343
Chi nah bans Snow Woke.
We're going to win so much we're going to get tired of winning.
We're going to win so much we're going to get tired of winning.
Posted by: torabora at April 10, 2025 02:17 PM (0Gnoc)
344
Sigh. All I can say is, I'm looking forward to the Crockett/Ocasio-Cortez ticket. No, not the presidential 2028 ticket. The DEI Mud Wrestling Championship Fight for Top Bitch in the Democrat party.
Posted by: Blonde Morticia at April 10, 2025 02:15 PM (+KY4Y)
Can I find that event on Ticketmaster?
Or is the name "Ticketmaster" rayciss now?
Posted by: Blonde Morticia at April 10, 2025 02:15 PM (+KY4Y)
Can I find that event on Ticketmaster?
Or is the name "Ticketmaster" rayciss now?
Posted by: BurtTC at April 10, 2025 02:17 PM (dGCAG)
345
why didn't you people tell me I was commenting on a dead thread?
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
You seemed to be enjoying yourself..
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
You seemed to be enjoying yourself..
Posted by: Other subway passengers at April 10, 2025 02:17 PM (l3YAf)
346
why didn't you people tell me I was commenting on a dead thread?
Posted by: runner at April 10, 2025 02:15 PM
* cackles *
Posted by: runner at April 10, 2025 02:15 PM
* cackles *
Posted by: Penguins of the World at April 10, 2025 02:17 PM (0sNs1)
347
342 In most owner buildings in NYC -- apartment buildings where the units are owned rather than rented -- they don't allow renters. There's a reason for that. A full owner building is viewed as more stable and affluent -- and thus more favorably -- including by prospective buyers and mortgage lenders. Having renters in the building literally drives the market values down.
Posted by: Elric Blade at April 10, 2025 02:16 PM (iFTx/)
=======
My brother lives on the 17th floor somewhere in Manhattan. He makes it sound nice.
I think he owns.
Posted by: Elric Blade at April 10, 2025 02:16 PM (iFTx/)
=======
My brother lives on the 17th floor somewhere in Manhattan. He makes it sound nice.
I think he owns.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:18 PM (GBKbO)
348
You'll get more girls if you own your home rather than rent. Just saying ....
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:12 PM (GBKbO)
The one ... girl/home?
Posted by: m at April 10, 2025 02:15 PM (CQE5S)
In the crawlspace or what?
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
________
[Slaps forehead in "why didn't I think of that" gesture]
-- Subway corpse-fucker guy
Posted by: Elric Blade at April 10, 2025 02:11 PM (iFTx/)
======
I just got the one...
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:12 PM (GBKbO)
The one ... girl/home?
Posted by: m at April 10, 2025 02:15 PM (CQE5S)
In the crawlspace or what?
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
________
[Slaps forehead in "why didn't I think of that" gesture]
-- Subway corpse-fucker guy
Posted by: Elric Blade at April 10, 2025 02:18 PM (iFTx/)
349
Its harder today, things are more relatively expensive, but there's this whole mythology about how EASY everything was in the past. It was not. It was just more achievable.
Posted by: Christopher R Taylor at April 10, 2025 02:14 PM (RKzci)
While I'm sure people do exaggerate on the internet, I think most of us who complain about the "Boomer mentality" do so because we've been on the receiving end of it.
I once asked a boss for a raise, complaining about the high cost of living. I brought in documents showing I was making 25-50% less than the median salary for my title, etc. etc. etc.
He said he'd think about.
He bought me a fucking Dave Ramsay book and told me I should budget better, then launched in to a whole speech about how he paid his way through college and law school working summer jobs and lived in a shit hole apartment for $100 a month and blah blah blah.
It's very annoying to be on the receiving end of it.
I did end up finding another job that paid a lot more, but my god was that infuriating.
Posted by: Christopher R Taylor at April 10, 2025 02:14 PM (RKzci)
While I'm sure people do exaggerate on the internet, I think most of us who complain about the "Boomer mentality" do so because we've been on the receiving end of it.
I once asked a boss for a raise, complaining about the high cost of living. I brought in documents showing I was making 25-50% less than the median salary for my title, etc. etc. etc.
He said he'd think about.
He bought me a fucking Dave Ramsay book and told me I should budget better, then launched in to a whole speech about how he paid his way through college and law school working summer jobs and lived in a shit hole apartment for $100 a month and blah blah blah.
It's very annoying to be on the receiving end of it.
I did end up finding another job that paid a lot more, but my god was that infuriating.
Posted by: Harry Paratestes at April 10, 2025 02:18 PM (uCjyK)
350
I've heard that they have a couple of experimental villages where women have permission to just raise their kids without the usual Modern Expectations, and the birthrate is much higher. /i]
Talking to the young moms in my slice of corporate America it is amazing how much raising kids has become yet another "keeping up with the Joneses moment".
You don't have your kid's summer camps worked out already? Oh, they aren't taking college prep courses? Oh they aren't on ANY athletic teams?
And its worse on social media because then you have 10X as many people all faking how great their intricate plans for their kids are.
Honestly we would probably be better off as a society if social media never developed.
Talking to the young moms in my slice of corporate America it is amazing how much raising kids has become yet another "keeping up with the Joneses moment".
You don't have your kid's summer camps worked out already? Oh, they aren't taking college prep courses? Oh they aren't on ANY athletic teams?
And its worse on social media because then you have 10X as many people all faking how great their intricate plans for their kids are.
Honestly we would probably be better off as a society if social media never developed.
Posted by: 18-1 at April 10, 2025 02:18 PM (t0Rmr)
351
why didn't you people tell me I was commenting on a dead thread?
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
Why would we deny you a little action?
Posted by: runner at April 10, 2025 02:15 PM (g47mK)
Why would we deny you a little action?
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:18 PM (i24o9)
352
saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
Gold diggers gonna dig.
Gold diggers gonna dig.
Posted by: Men are in love, women are in business at April 10, 2025 02:18 PM (TbWk/)
353
Trump went on TV and said to buy stocks a few hours before announcing the pause. That is the opposite of secret access.
Posted by: Ian S. at April 10, 2025 01:33 PM (2ocoG)
But he didn't to say the chair was against the wall, so some people missed out.
Posted by: Ian S. at April 10, 2025 01:33 PM (2ocoG)
But he didn't to say the chair was against the wall, so some people missed out.
Posted by: NJ Class Traitor at April 10, 2025 02:18 PM (zaW1R)
354
It's fun when free market capitalism flies right the fuck out the window and everyone has to have 2.5 children and 1.5 dogs and the correct number of windows in the house they bought at exactly the right price or else they're going to ruin the entire species single handed with their selfish actions.
Or that you *do* have 2.5 children and precisely 1.5 dogs and yadda yadda yadda but you're an idiot because you ought to have leased your dog and a half and sold your children to a cartel because that's what would maximize your quarterly earnings...
Good God. Isn't the whole point of liberty to live the way you want to live and not have some pesky nobles bothering you and saying it's their world and you're doing it all wrong?
Or that you *do* have 2.5 children and precisely 1.5 dogs and yadda yadda yadda but you're an idiot because you ought to have leased your dog and a half and sold your children to a cartel because that's what would maximize your quarterly earnings...
Good God. Isn't the whole point of liberty to live the way you want to live and not have some pesky nobles bothering you and saying it's their world and you're doing it all wrong?
Posted by: Warai-otoko at April 10, 2025 02:19 PM (VoAdT)
355
Did Trump roll back the tariffs on Penguin Island?
Posted by: Boss Moss at April 10, 2025 02:19 PM (p7mbN)
356
"No one wants actual sustained deflation (a sustained drop in prices over months as the value of the dollar increases)."
Yes we do. Sudden deflation is extraordinary painful but caused by the previous inflation. People tend to lose their jobs but, without intervention, price levels adjust and people go back to work at the new levels.
Extended slow deflation is caused by increased production and prices keep going down gradually while salaries keep going up gradually.
Yes we do. Sudden deflation is extraordinary painful but caused by the previous inflation. People tend to lose their jobs but, without intervention, price levels adjust and people go back to work at the new levels.
Extended slow deflation is caused by increased production and prices keep going down gradually while salaries keep going up gradually.
Posted by: SkylerKet at April 10, 2025 02:19 PM (SXIn9)
357
the Fed BLOWZ CHUNKS BIGLY FUCK THEM AND THE FRILLY WALTZBOY THEY RODE IN ON
Posted by: I was Gumby Damn It! now I'm no0t at April 10, 2025 02:19 PM (+PHes)
358
Most strive to live in an ownership neighborhood where people care about their property and respect others. Also for families there is statistically higher security for the household and their children and better schools. Renting is generally second tier living.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 02:12 PM (RrIy1)
Right. But that’s in the era we live in where homes appreciate. People want that because it’s a long term wealth generator. You want to maintain your home and neighborhood so it appreciates so you can sell it for a profit in the future.
If homes never appreciated, it wouldn’t be as much of a factor.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 10, 2025 02:12 PM (RrIy1)
Right. But that’s in the era we live in where homes appreciate. People want that because it’s a long term wealth generator. You want to maintain your home and neighborhood so it appreciates so you can sell it for a profit in the future.
If homes never appreciated, it wouldn’t be as much of a factor.
Posted by: Its Go Time Donald at April 10, 2025 02:20 PM (xHYkz)
359
In the crawlspace or what?
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
My current home lacks a crawlspace. I wonder if that means I'll get fewer or more chicks to come over.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
My current home lacks a crawlspace. I wonder if that means I'll get fewer or more chicks to come over.
Posted by: BurtTC at April 10, 2025 02:20 PM (dGCAG)
360
In the crawlspace or what?
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
That's for amateurs. Get a chest freezer.
Posted by: Comrade Flounder, Disinformation Demon at April 10, 2025 02:15 PM (i24o9)
That's for amateurs. Get a chest freezer.
Posted by: No decomp smell at April 10, 2025 02:20 PM (TbWk/)
361
Did Trump roll back the tariffs on Penguin Island?
Posted by: Boss Moss at April 10, 2025 02:19 PM
Where their economy consists of selling bootleg copies of "Happy Feet"?
Posted by: Boss Moss at April 10, 2025 02:19 PM
Where their economy consists of selling bootleg copies of "Happy Feet"?
Posted by: Penguins of the World at April 10, 2025 02:20 PM (0sNs1)
362
Bought 3 NY Strips at Mariano's (Kroger) for $28 at lunch. Also 6 Cannoli for $4.70. Enjoy your beef while you can!
Posted by: Big Fat Meanie at April 10, 2025 02:21 PM (qwx/I)
363
Did Trump roll back the tariffs on Penguin Island?
The penguins refused to increase herring exports, so no.
The penguins refused to increase herring exports, so no.
Posted by: Ian S. at April 10, 2025 02:21 PM (2ocoG)
364
343 Chi nah bans Snow Woke.
We're going to win so much we're going to get tired of winning.
Posted by: torabora
That's extra hilarious because Disney always to make up ticket sakes for their failed movies by heavily promoting them in China, even if Americans rejected the movie for American reasons. No biggie, Disney says-- the Chinese don';t give a hoot about American culture wars, so we can rack up the sales overseas in China.
But now -- oops, can't make ANY ticket sales in CHina. So the movie will double-fail.
We're going to win so much we're going to get tired of winning.
Posted by: torabora
That's extra hilarious because Disney always to make up ticket sakes for their failed movies by heavily promoting them in China, even if Americans rejected the movie for American reasons. No biggie, Disney says-- the Chinese don';t give a hoot about American culture wars, so we can rack up the sales overseas in China.
But now -- oops, can't make ANY ticket sales in CHina. So the movie will double-fail.
Posted by: zombie at April 10, 2025 02:21 PM (pMi6S)
365
361 Where their economy consists of selling bootleg copies of "Happy Feet"?
Posted by: Penguins of the World at April 10, 2025 02:20 PM (0sNs1)
=======
I remember the futures battle over the copies of Happy Feet 2.
I'm just happy that Penguin Island survived the slaughter.
Posted by: Penguins of the World at April 10, 2025 02:20 PM (0sNs1)
=======
I remember the futures battle over the copies of Happy Feet 2.
I'm just happy that Penguin Island survived the slaughter.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:21 PM (GBKbO)
366
You'll get more girls if you own your home rather than rent. Just saying ....
I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
Posted by: 18-1 at April 10, 2025 02:13 PM (t0Rmr)
____
Guys know the game and play it better than girls do. Facts.
I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
Posted by: 18-1 at April 10, 2025 02:13 PM (t0Rmr)
____
Guys know the game and play it better than girls do. Facts.
Posted by: Elric Blade at April 10, 2025 02:21 PM (iFTx/)
367
Nood. Open thread.
Posted by: I used to have a different nic at April 10, 2025 02:22 PM (ExV1e)
368
How can they get your house if you don't have one? Meet a woman you hate and buy her a house.
Posted by: Boss Moss at April 10, 2025 02:22 PM (p7mbN)
369
One more thing: if housing prices steadily appreciate in *real* terms, after inflation, you’re creating a situation where poorer people cannot afford to ever own a house.
Posted by: Disinterested FDA Director at April 10, 2025 02:22 PM (l3YAf)
370
saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
________
I remember when a lot of girls went to college just to get their Mrs.
________
I remember when a lot of girls went to college just to get their Mrs.
Posted by: Biff Pocoroba at April 10, 2025 02:22 PM (JyJTX)
371
If you own your home, then marry the hoodrat, you will soon be renting again. Avoid marriage at all costs young men.
Posted by: Big Fat Meanie at April 10, 2025 02:22 PM (qwx/I)
372
I can tell you the difference on why people buy houses, cause I see it here. Prices are basically flat. There's low unemployment and folks could afford to buy on those wages. They buy because they want their own homes.
Neighborhoods look different. Houses look run down and many still have asbestos siding. People live in them, raise families, and sometimes turn them into rentals. The closest thing to flippers is the local auction house, which buys run down places, has a crew work on them, then sells them. They don't get outrageous prices. They don't look on them as investments either.
Neighborhoods look different. Houses look run down and many still have asbestos siding. People live in them, raise families, and sometimes turn them into rentals. The closest thing to flippers is the local auction house, which buys run down places, has a crew work on them, then sells them. They don't get outrageous prices. They don't look on them as investments either.
Posted by: Notsothoreau at April 10, 2025 02:23 PM (cvWHI)
373
You left out Trump's 3D strategy on inflation-
deregulation, lower production costs
doge, cutting spending-> boosting dollar
drill,baby, drill, energy prices are down, gas prices down 6%
deregulation, lower production costs
doge, cutting spending-> boosting dollar
drill,baby, drill, energy prices are down, gas prices down 6%
Posted by: MikeN at April 10, 2025 02:23 PM (HVZOH)
374
342 Are NYC owner apartments required to allot a certain amount of "affordable housing?"
Posted by: Field Marshal Zhukov at April 10, 2025 02:23 PM (wBaIH)
Posted by: brak at April 10, 2025 02:23 PM (jGJov)
376
It's very annoying to be on the receiving end of it.
I did end up finding another job that paid a lot more, but my god was that infuriating.
Posted by: Harry Paratestes at April 10, 2025 02:18 PM (uCjyK)
I've never been anyone's boss, and I never want to be, but if I was YOUR boss I might have given you the same speech.
Not because I'm a boomer, but because I don't care about your life story. I will pay you what I think you're worth, and if you were worth more, I'd pay you more. If you can convince someone else to pay you more, go for it.
I'm your boss, not your kind and generous Uncle Fezziwink.
I did end up finding another job that paid a lot more, but my god was that infuriating.
Posted by: Harry Paratestes at April 10, 2025 02:18 PM (uCjyK)
I've never been anyone's boss, and I never want to be, but if I was YOUR boss I might have given you the same speech.
Not because I'm a boomer, but because I don't care about your life story. I will pay you what I think you're worth, and if you were worth more, I'd pay you more. If you can convince someone else to pay you more, go for it.
I'm your boss, not your kind and generous Uncle Fezziwink.
Posted by: BurtTC at April 10, 2025 02:24 PM (dGCAG)
377
I did end up finding another job that paid a lot more, but my god was that infuriating.
Posted by: Harry Paratestes at April 10, 2025 02:18 PM (uCjyK)
I denounce myself right now, but that was a funny story. I couldn't help laughing.
What got me was the "fucking Dave Ramsay" book.
I too bitched at my boss 4 yrs into my first "real" job. Engineering graduates were starting at a salary higher than mine, after my 4yrs experience. My boss basically said, "Yeah, you gotta quit and get rehired" (i.e. the system sucks).
So, I found another job at about 30% higher salary.
Posted by: Harry Paratestes at April 10, 2025 02:18 PM (uCjyK)
I denounce myself right now, but that was a funny story. I couldn't help laughing.
What got me was the "fucking Dave Ramsay" book.
I too bitched at my boss 4 yrs into my first "real" job. Engineering graduates were starting at a salary higher than mine, after my 4yrs experience. My boss basically said, "Yeah, you gotta quit and get rehired" (i.e. the system sucks).
So, I found another job at about 30% higher salary.
Posted by: Deplorable Ian Galt at April 10, 2025 02:25 PM (ufFY8)
Posted by: Pinochet at April 10, 2025 02:25 PM (+K1xO)
379
Woah to those who judgement falls.
Roof Collapses in Dominican Republic Nightclub, Killing Over 200 People Including a Local Governor and Two Former MLB Players
Roof Collapses in Dominican Republic Nightclub, Killing Over 200 People Including a Local Governor and Two Former MLB Players
Posted by: I was Gumby Damn It! now I'm no0t at April 10, 2025 02:25 PM (+PHes)
380
> I remember when a lot of girls went to college just to get their Mrs.
When I was at BYU, a lot of guys walked around saying the ladies were only there to get their Mrs. But that wasn't what I observed. They wanted to get married, yes. The guys did too. We all believed BYU was the best place to find a spouse who was smart and dedicated to the Church. Especially if you're from outside Utah where pickings can be slim. However, the ladies were also very focused on making sure they got a degree before moving on to the next phase of life. I didn't meet a single lady from whom I got the impression she was there to land a husband and make a quick exit.
When I was at BYU, a lot of guys walked around saying the ladies were only there to get their Mrs. But that wasn't what I observed. They wanted to get married, yes. The guys did too. We all believed BYU was the best place to find a spouse who was smart and dedicated to the Church. Especially if you're from outside Utah where pickings can be slim. However, the ladies were also very focused on making sure they got a degree before moving on to the next phase of life. I didn't meet a single lady from whom I got the impression she was there to land a husband and make a quick exit.
Posted by: bonhomme at April 10, 2025 02:26 PM (lIio7)
381
I once asked a boss for a raise, complaining about the high cost of living. I brought in documents showing I was making 25-50% less than the median salary for my title, etc. etc. etc.
He said he'd think about.
He bought me a fucking Dave Ramsay book and told me I should budget better, then launched in to a whole speech about how he paid his way through college and law school working summer jobs and lived in a shit hole apartment for $100 a month and blah blah blah.
It's very annoying to be on the receiving end of it.
I did end up finding another job that paid a lot more, but my god was that infuriating.
Posted by: Harry Paratestes at April 10, 2025 02:18 PM (uCjyK)
Yep. For some reason people, and a particular demographic especially, refuse to admit that economic, social, and cultural reality is not static. "When I was your age I paid for college, my own place, and my own car working part time at the lunch counter! You're just lazy!"
He said he'd think about.
He bought me a fucking Dave Ramsay book and told me I should budget better, then launched in to a whole speech about how he paid his way through college and law school working summer jobs and lived in a shit hole apartment for $100 a month and blah blah blah.
It's very annoying to be on the receiving end of it.
I did end up finding another job that paid a lot more, but my god was that infuriating.
Posted by: Harry Paratestes at April 10, 2025 02:18 PM (uCjyK)
Yep. For some reason people, and a particular demographic especially, refuse to admit that economic, social, and cultural reality is not static. "When I was your age I paid for college, my own place, and my own car working part time at the lunch counter! You're just lazy!"
Posted by: Stagnant wages and rampant inflation? Never heard of them. at April 10, 2025 02:27 PM (TbWk/)
382
Total economic illiteracy on display. There is no deflation. Rather, the rate of *inflation* dropped to 2.4%. Things are still getting worse, but more slowly.
Y'all better delete this thread before a non-moron sees it.
Y'all better delete this thread before a non-moron sees it.
Posted by: Funktacular at April 10, 2025 02:27 PM (hIrpd)
383
367 Nood. Open thread.
Posted by: I used to have a different nic at April 10, 2025 02:22 PM (ExV1e)
Posted by: I used to have a different nic at April 10, 2025 02:22 PM (ExV1e)
Posted by: m at April 10, 2025 02:29 PM (CQE5S)
384
Trump says we're making $2 billion to "probably" $3.5 billion a day from tariffs.
The amount we pay in interest on the debt is $3 billion a day.
The amount we pay in interest on the debt is $3 billion a day.
Posted by: SpeakingOf at April 10, 2025 02:32 PM (6ydKt)
385
Total economic illiteracy on display. There is no deflation. Rather, the rate of *inflation* dropped to 2.4%. Things are still getting worse, but more slowly.
Y'all better delete this thread before a non-moron sees it.
Posted by: Funktacular at April 10, 2025 02:27 PM (hIrpd)
Things aren't getting worse, you numbnut.
The average rate of yearly inflation over the past 50 years is 3.1%.
Y'all better delete this thread before a non-moron sees it.
Posted by: Funktacular at April 10, 2025 02:27 PM (hIrpd)
Things aren't getting worse, you numbnut.
The average rate of yearly inflation over the past 50 years is 3.1%.
Posted by: SpeakingOf at April 10, 2025 02:36 PM (6ydKt)
386
Now I can afford an egg?
Posted by: wth at April 10, 2025 01:22 PM (v0R5T)
Just one. Don't be greedy!!
Posted by: wth at April 10, 2025 01:22 PM (v0R5T)
Just one. Don't be greedy!!
Posted by: thatcrazyjerseyguy at April 10, 2025 02:38 PM (5xuJ/)
387
385 Total economic illiteracy on display. There is no deflation. Rather, the rate of *inflation* dropped to 2.4%. Things are still getting worse, but more slowly.
Y'all better delete this thread before a non-moron sees it.
Posted by: Funktacular at April 10, 2025 02:27 PM (hIrpd)
======
Month to month was -0.1%.
Yes, deflation.
Go you!
Y'all better delete this thread before a non-moron sees it.
Posted by: Funktacular at April 10, 2025 02:27 PM (hIrpd)
======
Month to month was -0.1%.
Yes, deflation.
Go you!
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 10, 2025 02:38 PM (GBKbO)
388
No vibrant immigrants -- only asshole American TikTok influencers
Posted by: Field Marshal Zhukov at April 10, 2025 01:26 PM (wBaIH)
They need to look to Korea to see how to handle those fellows. Think Johnny Somali is up to double digits in charges now.
Posted by: Field Marshal Zhukov at April 10, 2025 01:26 PM (wBaIH)
They need to look to Korea to see how to handle those fellows. Think Johnny Somali is up to double digits in charges now.
Posted by: Oldcat at April 10, 2025 02:43 PM (n7h9X)
389
You'll get more girls if you own your home rather than rent. Just saying ....
I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
Posted by: 18-1 at April 10, 2025 02:13 PM (t0Rmr)
Faking or not faking, or even having the resource and convincing her you don't, the real issue is the tippy top tier fellows know girls will share them so they don't commit in the first place. Modern gals will convince themselves that a relationship where the man flatly tells her they aren't committing and she works it up into a "situationship" all on her own.
I saw a young woman complaining that she wanted a "successful" man and couldn't figure out how to find one because all these guys flashing cash at the club were faking economic success.
Posted by: 18-1 at April 10, 2025 02:13 PM (t0Rmr)
Faking or not faking, or even having the resource and convincing her you don't, the real issue is the tippy top tier fellows know girls will share them so they don't commit in the first place. Modern gals will convince themselves that a relationship where the man flatly tells her they aren't committing and she works it up into a "situationship" all on her own.
Posted by: Oldcat at April 10, 2025 02:48 PM (n7h9X)
390
342 Are NYC owner apartments required to allot a certain amount of "affordable housing?"
Posted by: Field Marshal Zhukov at April 10, 2025 02:23 PM (wBaIH)
Not the ones the elites want to live in, no
Posted by: Field Marshal Zhukov at April 10, 2025 02:23 PM (wBaIH)
Not the ones the elites want to live in, no
Posted by: Oldcat at April 10, 2025 02:50 PM (n7h9X)
391
342 Are NYC owner apartments required to allot a certain amount of "affordable housing?"
Posted by: Field Marshal Zhukov at April 10, 2025 02:23 PM (wBaIH)
He will change his mind if we start with billionaires starting with "G"
Posted by: Field Marshal Zhukov at April 10, 2025 02:23 PM (wBaIH)
He will change his mind if we start with billionaires starting with "G"
Posted by: Oldcat at April 10, 2025 02:52 PM (n7h9X)
392
Inflation is down because energy costs are down and dropping.
Posted by: Dr Spank at April 10, 2025 03:00 PM (DI3JR)
393
>No one wants actual sustained deflation (a sustained drop in prices over months as the value of the dollar increases).
I want actual sustained deflation.
Late 1865–1896 (Deflationary Trend) aka The Great Deflation. During this period, when prices dropped somewhere around 30-40%, the US economy was BOOMING.
Not a blip - that's 3 decades of deflation.
I want actual sustained deflation.
Late 1865–1896 (Deflationary Trend) aka The Great Deflation. During this period, when prices dropped somewhere around 30-40%, the US economy was BOOMING.
Not a blip - that's 3 decades of deflation.
Posted by: comradearthur at April 10, 2025 03:23 PM (OdNzD)
394
missed the pronoun thread. i see several folks point out the proper first person pronoun for a "they/them" user is "we". clearely, the proper second person pronoun is "y'all".
Posted by: anachronda at April 10, 2025 03:33 PM (edU/H)
395
Most industrial capital expenditures are on depreciating assets
Posted by: MAGA_Ken at April 10, 2025 03:37 PM (UMMMY)
396
Isn’t it the case that price inflation ‘deflates’ the value of the dollar? Therefore deflation of prices would actually inflate the value of the dollar in that you are now able to purchase more goods and services for the same dollar?
Posted by: Rube at April 10, 2025 04:46 PM (oSdPR)
397
If we get sustained deflation, i wonder if that, along with maybe some other small incentives, can get businesses to onshore more cash that it's been hiding overseas or in other assets other than the dollar.
I guess the biggest risk for them is Dems getting control and, and screwing shit up once more.
I guess the biggest risk for them is Dems getting control and, and screwing shit up once more.
Posted by: Rbastid at April 10, 2025 11:20 PM (JPBdn)
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