We are all feeling the effects of inflation. Petrol, electricity, home heating and houses are higher here in Vancouver than anywhere else in Canada. I thought we could use this thread to talk about rising prices and how they affect you.
One of the reasons we emigrated is because Israel home ownership so expensive. Especially Tel Aviv. It is one of the most expensive cities in the world to own property. It has low wages too which makes the Israeli dream of buying a home out of reach for a lot of people.
Israel ranks second least affordable country to buy property in the world
The study examined average prices per square meter in addition to the average disposable household income in each country.
The study by Compare the Market examined average property prices per square meter in addition to the average disposable household income in each country to calculate the cost per square meter as a percentage of annual income. Israel came in second place as the least affordable country to buy property, behind South Korea which took the number one spot. Luxembourg came in third place.
Although Israel has a relatively low property price of US$7,598.98 per square meter, it has an average disposable income of US$24,863, meaning the affordability ratio came to around 30.6%.
In Israel, it is not only housing prices that are skyrocketing but also general cost of living. In late 2021, The Economist named Tel Aviv, a metropolis by the sea, as the world's most expensive city for everything from shopping to cappuccinos.
https://www.jpost.com/israel-news/article-702046
Quote from: Gaon post_id=444336 time=1647998837 user_id=3170
We are all feeling the effects of inflation. Petrol, electricity, home heating and houses are higher here in Vancouver than anywhere else in Canada. I thought we could use this thread to talk about rising prices and how they affect you.
I like this thread Gaon.
:smiley_thumbs_up_yellow_ani:
Since 2015, the cost of everything has gone up......it coincided with the provincial carbon tax and closing down coal power plants.
Try farming if you want to see raging inflation. I aint trying to talk down the pain you city folks feel. But, when you own land, you need diesel and you have to ship your finished product, costs have shot up.
This is what happens when people cannot afford to live where they are.
Rising inflation pushing residents out of Vancouver: economist
Summary
Inflation is higher than it has been in 30 years, which is likely pushing people to relocate from Vancouver: economist
People are likely to leave for cities where the cost of living is lower when they can work remotely, she says
While inflation is likely to decrease in the latter half of 2022, the impacts will be felt for longer
As if the city weren't already expensive enough, it's possible dramatic inflation could be pushing people out of Metro Vancouver, a Toronto economist says.
"We haven't seen this level of inflation in about 30 years, so yes, the Metro Vancouver area was always expensive to begin with, but I don't think most people have experienced in their working lives this level of rising prices," says Dr. Tu Nguyen, economist and ESC director at RSM Canada, an organization that provides tax and consulting services.
"It certainly is a once-in-a-lifetime event and experience."
Remote and flexible work environments have also made it easier for people to move to cheaper places without losing their jobs.
While the trend of people relocating to more affordable areas is not new, it has certainly been exacerbated by the booming cost of living.
https://vancouver.citynews.ca/2022/01/23/rising-inflation-vancouver-drain/
This is a good thread. Bread and butter issues are what people care about not "climate change action," which is translated into higher costs, more green crony capitalism and no mortgage paying natural resource jobs.
After eighteen years of McGuinty/Wynn, we know all about high power costs in Ontario. We lost 300, 000 jobs because electricity here is more expensive than neighbouring jurisdictions. But, the cost of living has really accelerated in the past eighteen months. And I am single and live in a two bedroom condo. Think of families with kids living in detached houses. They are forced to trim spending.
Quote from: seoulbro post_id=444348 time=1648002029 user_id=114
After eighteen years of McGuinty/Wynn, we know all about high power costs in Ontario. We lost 300, 000 jobs because electricity here is more expensive than neighbouring jurisdictions. But, the cost of living has really accelerated in the past eighteen months. And I am single and live in a two bedroom condo. Think of families with kids living in detached houses. They are forced to trim spending.
Our monthly power bill has more than doubled in the last six years..
The last two years have seen the steepest increases.

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyxd2-1.fna.fbcdn.net/v/t1.6435-9/162799773_300537651436470_4418328928368983073_n.jpg?_nc_cat=105&ccb=1-5&_nc_sid=730e14&_nc_ohc=TkSroVSZ_LIAX_Ghio_&_nc_ht=scontent.fyxd2-1.fna&oh=00_AT9WdFvqDITSGDKtUPci0cahY__soHPpbwm8GWg-CH8fwA&oe=62613F96%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyxd2-1.fna.fbcdn.net/%20...%20e=62613F96%22%3Ehttps://scontent.fyxd2-1.fna.fbcdn.net/v/t1.6435-9/162799773_300537651436470_4418328928368983073_n.jpg?_nc_cat=105&ccb=1-5&_nc_sid=730e14&_nc_ohc=TkSroVSZ_LIAX_Ghio_&_nc_ht=scontent.fyxd2-1.fna&oh=00_AT9WdFvqDITSGDKtUPci0cahY__soHPpbwm8GWg-CH8fwA&oe=62613F96%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
Quote from: Herman post_id=444370 time=1648008673 user_id=1689

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyxd2-1.fna.fbcdn.net/v/t1.6435-9/162799773_300537651436470_4418328928368983073_n.jpg?_nc_cat=105&ccb=1-5&_nc_sid=730e14&_nc_ohc=TkSroVSZ_LIAX_Ghio_&_nc_ht=scontent.fyxd2-1.fna&oh=00_AT9WdFvqDITSGDKtUPci0cahY__soHPpbwm8GWg-CH8fwA&oe=62613F96%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyxd2-1.fna.fbcdn.net/%20...%20e=62613F96%22%3Ehttps://scontent.fyxd2-1.fna.fbcdn.net/v/t1.6435-9/162799773_300537651436470_4418328928368983073_n.jpg?_nc_cat=105&ccb=1-5&_nc_sid=730e14&_nc_ohc=TkSroVSZ_LIAX_Ghio_&_nc_ht=scontent.fyxd2-1.fna&oh=00_AT9WdFvqDITSGDKtUPci0cahY__soHPpbwm8GWg-CH8fwA&oe=62613F96%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
That's how it happens.
http://i.imgur.com/jZvmXnM.gif[/img]
New data from the National Association of Home Builders finds that about three in four households in Arizona would struggle financially to purchase a median priced home in the state.
At the time of the study in February 2022, a median-valued home in the state was priced at $464,413. An Arizona household would need an annual income of $102,987 to afford that. Nearly three-quarters of households are under that annual income, estimated to be 738,906 households out of 2,846,208.
The study also shows that interest rates play a big role on who is priced out. At the current rates of about 3.5%, households need an income of just under $100,000 to buy that median-valued US home. A one-point increase in the rates change the recommended income to $108,782. A two-point increase and the necessary household income goes to $118,878.
https://www.abc15.com/news/local-news/74-of-arizona-households-are-priced-out-of-az-homes
Quote from: "Oliver Clotheshoffe" post_id=444380 time=1648046998 user_id=3349
http://i.imgur.com/jZvmXnM.gif[/img]
New data from the National Association of Home Builders finds that about three in four households in Arizona would struggle financially to purchase a median priced home in the state.
At the time of the study in February 2022, a median-valued home in the state was priced at $464,413. An Arizona household would need an annual income of $102,987 to afford that. Nearly three-quarters of households are under that annual income, estimated to be 738,906 households out of 2,846,208.
The study also shows that interest rates play a big role on who is priced out. At the current rates of about 3.5%, households need an income of just under $100,000 to buy that median-valued US home. A one-point increase in the rates change the recommended income to $108,782. A two-point increase and the necessary household income goes to $118,878.
https://www.abc15.com/news/local-news/74-of-arizona-households-are-priced-out-of-az-homes
In 2011, when Stephen Harper was prime minister and Brack Obama president, the CDN dollar was worth more than the greenback. Canadians were taking advantage of bargains in states like Arizona to buy second homes.
Quote from: seoulbro post_id=444381 time=1648047264 user_id=114
In 2011, when Stephen Harper was prime minister and Brack Obama president, the CDN dollar was worth more than the greenback. Canadians were taking advantage of bargains in states like Arizona to buy second homes.
Damn Canadians! It's all their fault! :t1929:
ac_toofunny
Quote from: "Oliver Clotheshoffe" post_id=444388 time=1648048218 user_id=3349
Quote from: seoulbro post_id=444381 time=1648047264 user_id=114
In 2011, when Stephen Harper was prime minister and Brack Obama president, the CDN dollar was worth more than the greenback. Canadians were taking advantage of bargains in states like Arizona to buy second homes.
Damn Canadians! It's all their fault! :t1929:
ac_toofunny
I blame Harper. :laugh3:
If there is a silver lining, anyone looking to sell used vehicles will get a better price than they would have two years ago.
Quote from: "iron horse jockey" post_id=444396 time=1648061561 user_id=2015
If there is a silver lining, anyone looking to sell used vehicles will get a better price than they would have two years ago.
Not if you trade it in.
Russia and Ukraine are two of the world's largest wheat exporters. The two nations account for about 28 per cent of the world's wheat exports, according to the Food and Agriculture Organization of the United Nations.
An ING analysis suggests about three-quarters — about 18 million metric tonnes — of Ukraine's harvest from last year has already been shipped. With ports closed, the remaining quarter will likely remain in the country, and the export of Ukraine's spring harvest is in question. Similar uncertainties about the export and sale of Russia's wheat also remain.
The disruption to those two countries represents a significant cut in the availability of wheat. And so, as a result, prices jumped up dramatically, it increased by about 50 per cent since Russia invaded Ukraine.
Quote from: "iron horse jockey" post_id=444396 time=1648061561 user_id=2015
If there is a silver lining, anyone looking to sell used vehicles will get a better price than they would have two years ago.
I paid 45k for my vehicle in 2015 (October).
I could sell it for the same in 2022 despite it only doing 98 thousand kilometres.
But the same vehicle now in 2022 year new is going for much more...
So hyperinflation and a unavailability of new rigs.
Why would I ever fucking trade up? My vehicle has got 400k's more to go.... and it's got no of the emissions legislation crap tech attached to it.
Quote from: seoulbro post_id=444771 time=1648306730 user_id=114
Russia and Ukraine are two of the world's largest wheat exporters. The two nations account for about 28 per cent of the world's wheat exports, according to the Food and Agriculture Organization of the United Nations.
An ING analysis suggests about three-quarters — about 18 million metric tonnes — of Ukraine's harvest from last year has already been shipped. With ports closed, the remaining quarter will likely remain in the country, and the export of Ukraine's spring harvest is in question. Similar uncertainties about the export and sale of Russia's wheat also remain.
The disruption to those two countries represents a significant cut in the availability of wheat. And so, as a result, prices jumped up dramatically, it increased by about 50 per cent since Russia invaded Ukraine.
Far away wheat nations won't be shielded by the deficit... politicians here and abroad will pass on the cost in media bytes like they do when fossil fuels rise (but seldom lower)....
Quote from: "Dinky Dazza" post_id=444827 time=1648385441 user_id=1676
Quote from: "iron horse jockey" post_id=444396 time=1648061561 user_id=2015
If there is a silver lining, anyone looking to sell used vehicles will get a better price than they would have two years ago.
I paid 45k for my vehicle in 2015 (October).
I could sell it for the same in 2022 despite it only doing 98 thousand kilometres.
But the same vehicle now in 2022 year new is going for much more...
So hyperinflation and a unavailability of new rigs.
Why would I ever fucking trade up? My vehicle has got 400k's more to go.... and it's got no of the emissions legislation crap tech attached to it.
I want to trade in my Jetta. But, I love my ride.
Gas over $2 a litre. Average house price of $2.3 million dollars. Monthly rent increase of 20%. Grocery bills soaring.
John Horgan's response: "I don't understand this affordability stuff"
Quote from: seoulbro post_id=444843 time=1648405158 user_id=114
Quote from: "Dinky Dazza" post_id=444827 time=1648385441 user_id=1676
Quote from: "iron horse jockey" post_id=444396 time=1648061561 user_id=2015
If there is a silver lining, anyone looking to sell used vehicles will get a better price than they would have two years ago.
I paid 45k for my vehicle in 2015 (October).
I could sell it for the same in 2022 despite it only doing 98 thousand kilometres.
But the same vehicle now in 2022 year new is going for much more...
So hyperinflation and a unavailability of new rigs.
Why would I ever fucking trade up? My vehicle has got 400k's more to go.... and it's got no of the emissions legislation crap tech attached to it.
I want to trade in my Jetta. But, I love my ride.
I'd be keeping the bills down and avoiding big purchases.
Quote from: "Dinky Dazza" post_id=444962 time=1648523399 user_id=1676
Quote from: seoulbro post_id=444843 time=1648405158 user_id=114
Quote from: "Dinky Dazza" post_id=444827 time=1648385441 user_id=1676
Quote from: "iron horse jockey" post_id=444396 time=1648061561 user_id=2015
If there is a silver lining, anyone looking to sell used vehicles will get a better price than they would have two years ago.
I paid 45k for my vehicle in 2015 (October).
I could sell it for the same in 2022 despite it only doing 98 thousand kilometres.
But the same vehicle now in 2022 year new is going for much more...
So hyperinflation and a unavailability of new rigs.
Why would I ever fucking trade up? My vehicle has got 400k's more to go.... and it's got no of the emissions legislation crap tech attached to it.
I want to trade in my Jetta. But, I love my ride.
I'd be keeping the bills down and avoiding big purchases.
I believe Seoul is very good at managing money.
Quote from: Gaon post_id=444960 time=1648522061 user_id=3170
Gas over $2 a litre. Average house price of $2.3 million dollars. Monthly rent increase of 20%. Grocery bills soaring.
John Horgan's response: "I don't understand this affordability stuff"
Another out of touch prog politician.
Quote from: "iron horse jockey" post_id=444980 time=1648575224 user_id=2015
Quote from: Gaon post_id=444960 time=1648522061 user_id=3170
Gas over $2 a litre. Average house price of $2.3 million dollars. Monthly rent increase of 20%. Grocery bills soaring.
John Horgan's response: "I don't understand this affordability stuff"
Another out of touch prog politician.
BC is for the rich and their leaders think that's acceptable.
I believe the current price of oil is sustainable, though artificially inflated. The ESG movement, and anti-oil hysteria in Canada and the US have had a negative affect on supplies, leading to higher crude prices leading to inflation. This is utter madness for a product we will be using for almost all products in the year 2100.
The world has plunged into a deep, enduring energy crisis that may threaten the economy for years to come
Investment in oil projects peaked in 2014 and is now at only half that level despite the oil price having fully recovered since then. This investment-risk aversion, combined with the rise of environmental, social and corporate governance (ESG) investing, numerous divestment initiatives, restrictive access to bank lending, and combative energy policy decisions, such as the passage of Bill C-69 in Canada and the ending of the Keystone XL pipeline in the U.S., have all served to perpetuate chronic underinvestment in new projects, resulting in structural barriers to oil production growth.
Looking at Organisation for Economic Co-operation and Development (OECD) inventory levels, a metric more commonly used by the mainstream, inventory levels are now in material deficit compared to levels last seen between 2010 and 2014, a time when WTI averaged around US$100 per barrel, and have fallen since their peak levels in July 2020 by an incredible 600 million barrels, representing the greatest collapse in history.
What makes the backdrop today substantially mWhat makes the backdrop today substantially more bullish than in 2010-2014 is that demand today is higher by roughly 10 million barrels per day, the Organization of the Petroleum Exporting Countries (OPEC) is nearing the exhaustion of its spare capacity, and we are eight years into a lack of sufficient investment in new productive capacity by the supermajors.ore bullish than in 2010-2014 is that demand today is higher by roughly 10 million barrels per day, the Organization of the Petroleum Exporting Countries (OPEC) is nearing the exhaustion of its spare capacity, and we are eight years into a lack of sufficient investment in new productive capacity by the supermajors.
With OPEC's spare capacity nearing zero in the coming months, lost production from Russia is simply irreplaceable, arguing for the necessity for "security of supply" premium in the oil price going forward.
https://financialpost.com/commodities/energy/oil-gas/eric-nuttall-the-world-has-plunged-into-a-deep-enduring-energy-crisis-that-may-threaten-the-economy-for-years-to-come?fbclid=IwAR0t5G3tX0r8iMIl_9csx5t4uK4A89Ue_OTQZXd2_-RimYsUXPuUn5ZBBLY
Joe Biden, Justin Trudeau and the EU have deliberately driven inflation through their climate policies that have failed.
Gasoline dropped 11 cents a litre in the Czuk. Everywhere else in Canada it went up happy April Fool's Day Canada. Thanks True Dope.
Gas was up three cents today in Kindersley.
Gas hasn't gone up yet around here... it hasn't gone down either.
Quote from: "Oliver Clotheshoffe" post_id=445259 time=1648848947 user_id=3349
Gas hasn't gone up yet around here... it hasn't gone down either.
You aint got a federal carbon tax that went up twenty five percent overnight.
Quote from: "Shen Li" post_id=445249 time=1648844023 user_id=56
Gasoline dropped 11 cents a litre in the Czuk. Everywhere else in Canada it went up happy April Fool's Day Canada. Thanks True Dope.
We got relief today, but the rest of the country got a slap in the face.
I don't know how much gasoline went up here. I'll find out tomorrow when I fill up.

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/277766974_10158606542830869_955470806655203131_n.jpg?_nc_cat=105&ccb=1-5&_nc_sid=730e14&_nc_ohc=8ngS208yOKsAX9BR-9P&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT9a1T87EyOgXeLBuvqtho3zsNoCZMW1l2B5QgovS4NGEg&oe=624C8B18%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=624C8B18%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/277766974_10158606542830869_955470806655203131_n.jpg?_nc_cat=105&ccb=1-5&_nc_sid=730e14&_nc_ohc=8ngS208yOKsAX9BR-9P&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT9a1T87EyOgXeLBuvqtho3zsNoCZMW1l2B5QgovS4NGEg&oe=624C8B18%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
EDITORIAL: Canada's economic growth dead last (Organization for Economic Co-operation and Development ) (//https)
As Finance Minister Chrystia Freeland puts the finishing touches on her 2022-23 budget to be unveiled Thursday, she should focus on a report predicting Canada's economic growth is poised to be dead last among advanced countries for four decades.
Highlighted recently by the Business Council of B.C., the report by the Organization for Economic Co-operation and Development paints a dismal picture of Canada's real GDP growth per capita up to 2060, largely because of weak labour productivity.
Productivity is driven by businesses investing in new technologies, making work more efficient, thus increasing economic output, a key driver of living standards for Canadians.
David Williams, vice-president of policy at the B.C. Business Council, wrote recently that the OECD report predicts Canada's real GDP growth per capita from 2020-30 will be just 0.7% annually, dead last among the 38 comparable nations of the OECD.
It doesn't get much better after that, with the OECD pegging Canada's growth per capita from 2030-60 at 0.8% annually, again last among OECD members.
Quote from: cc post_id=445481 time=1649012929 user_id=88
EDITORIAL] (//opinion/editorials/editorial-canadas-economic-growth-dead-last)
As Finance Minister Chrystia Freeland puts the finishing touches on her 2022-23 budget to be unveiled Thursday, she should focus on a report predicting Canada's economic growth is poised to be dead last among advanced countries for four decades.
Highlighted recently by the Business Council of B.C., the report by the Organization for Economic Co-operation and Development paints a dismal picture of Canada's real GDP growth per capita up to 2060, largely because of weak labour productivity.
Productivity is driven by businesses investing in new technologies, making work more efficient, thus increasing economic output, a key driver of living standards for Canadians.
David Williams, vice-president of policy at the B.C. Business Council, wrote recently that the OECD report predicts Canada's real GDP growth per capita from 2020-30 will be just 0.7% annually, dead last among the 38 comparable nations of the OECD.
It doesn't get much better after that, with the OECD pegging Canada's growth per capita from 2030-60 at 0.8% annually, again last among OECD members.
It's depressing, but I'm not surprised.
This did not have to be. Trudy's "airy fairy" priorities) all of which hurt the country economically) are 100 % the cause of Canada's economic failures
Without his country-destructive priorities, Canada has the resources, the people, the science etc, (all of the elements) to be a leader if not in fact "the" leader
Quote from: cc post_id=445489 time=1649019517 user_id=88
This did not have to be. Trudy's "airy fairy" priorities) all of which hurt the country economically) are 100 % the cause of Canada's economic failures
Without his country-destructive priorities, Canada has the resources, the people, the science etc, (all of the elements) to be a leader if not in fact "the" leader
We traded all of that for climate leadership.

(//%3C/s%3E%3CURL%20url=%22https://blazingcatfur.ca/wp-content/uploads/2022/04/food-shortages.jpg%22%3E%3CLINK_TEXT%20text=%22https://blazingcatfur.ca/wp-content/upl%20...%20rtages.jpg%22%3Ehttps://blazingcatfur.ca/wp-content/uploads/2022/04/food-shortages.jpg%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
Quote from: cc post_id=445558 time=1649090820 user_id=88

(//%3C/s%3E%3CURL%20url=%22https://blazingcatfur.ca/wp-content/uploads/2022/04/food-shortages.jpg%22%3E%3CLINK_TEXT%20text=%22https://blazingcatfur.ca/wp-content/upl%20...%20rtages.jpg%22%3Ehttps://blazingcatfur.ca/wp-content/uploads/2022/04/food-shortages.jpg%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
And you have the satisfaction that you are eliminating feral pests.
Quote from: "iron horse jockey" post_id=445561 time=1649091860 user_id=2015
Quote from: cc post_id=445558 time=1649090820 user_id=88

(//%3C/s%3E%3CURL%20url=%22https://blazingcatfur.ca/wp-content/uploads/2022/04/food-shortages.jpg%22%3E%3CLINK_TEXT%20text=%22https://blazingcatfur.ca/wp-content/upl%20...%20rtages.jpg%22%3Ehttps://blazingcatfur.ca/wp-content/uploads/2022/04/food-shortages.jpg%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
And you have the satisfaction that you are eliminating feral pests.
True. It's a win / win
I don't have a problem with vegetarians so long as they don't impose their dietary choices on everybody.
Vegans make me wonder what's up with these "impossible" burgers and sandwiches. If you're a vegan that doesn't like meat why would you eat something that tastes like meat?
Quote from: "Oliver Clotheshoffe" post_id=445571 time=1649103601 user_id=3349
Vegans make me wonder what's up with these "impossible" burgers and sandwiches. If you're a vegan that doesn't like meat why would you eat something that tastes like meat?
That's a good point. They do tend to be a tad bonkers & contradictory ... much less most commonly general judgmental pains
Quote from: "Oliver Clotheshoffe" post_id=445571 time=1649103601 user_id=3349
Vegans make me wonder what's up with these "impossible" burgers and sandwiches. If you're a vegan that doesn't like meat why would you eat something that tastes like meat?
They like the taste, but they are morally opposed to eating any animals.
I wish I had traded in my Altima about eighteen months ago.
Quote from: Fashionista post_id=448160 time=1651080944 user_id=3254
I wish I had traded in my Altima about eighteen months ago.
I'm glad I kept my 2015 Ford Ranger... it's old school now.
Quote from: "Dinky Dazza" post_id=448162 time=1651085163 user_id=1676
Quote from: Fashionista post_id=448160 time=1651080944 user_id=3254
I wish I had traded in my Altima about eighteen months ago.
I'm glad I kept my 2015 Ford Ranger... it's old school now.
The higher price of cars doesn't cover the slightly higher amount given for trade-ins.

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279330359_539975877495323_4480209478520156693_n.jpg?stp=dst-jpg_s960x960&_nc_cat=107&ccb=1-5&_nc_sid=730e14&_nc_ohc=2lX-sRA47KMAX8d7WiB&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT8VRPkH6Noqr8R6IpkS0VUQ3QzDKA-4AL4lUlNeLRKYGw&oe=626F1D88%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=626F1D88%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279330359_539975877495323_4480209478520156693_n.jpg?stp=dst-jpg_s960x960&_nc_cat=107&ccb=1-5&_nc_sid=730e14&_nc_ohc=2lX-sRA47KMAX8d7WiB&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT8VRPkH6Noqr8R6IpkS0VUQ3QzDKA-4AL4lUlNeLRKYGw&oe=626F1D88%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
Quote from: Herman post_id=448224 time=1651113393 user_id=1689

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279330359_539975877495323_4480209478520156693_n.jpg?stp=dst-jpg_s960x960&_nc_cat=107&ccb=1-5&_nc_sid=730e14&_nc_ohc=2lX-sRA47KMAX8d7WiB&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT8VRPkH6Noqr8R6IpkS0VUQ3QzDKA-4AL4lUlNeLRKYGw&oe=626F1D88%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=626F1D88%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279330359_539975877495323_4480209478520156693_n.jpg?stp=dst-jpg_s960x960&_nc_cat=107&ccb=1-5&_nc_sid=730e14&_nc_ohc=2lX-sRA47KMAX8d7WiB&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT8VRPkH6Noqr8R6IpkS0VUQ3QzDKA-4AL4lUlNeLRKYGw&oe=626F1D88%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
I think that's not up to date Herman.....the numbers I saw were higher than that.
I was just talking about this...im glad I bought my car just before the pandemic started. Some furnature and TV. They were bargain prices compared to now :sad:
Quote from: Fashionista post_id=448182 time=1651093427 user_id=3254
Quote from: "Dinky Dazza" post_id=448162 time=1651085163 user_id=1676
Quote from: Fashionista post_id=448160 time=1651080944 user_id=3254
I wish I had traded in my Altima about eighteen months ago.
I'm glad I kept my 2015 Ford Ranger... it's old school now.
The higher price of cars doesn't cover the slightly higher amount given for trade-ins.
30% rise in value here
Quote from: "Dinky Dazza" post_id=448246 time=1651125313 user_id=1676
Quote from: Fashionista post_id=448182 time=1651093427 user_id=3254
Quote from: "Dinky Dazza" post_id=448162 time=1651085163 user_id=1676
Quote from: Fashionista post_id=448160 time=1651080944 user_id=3254
I wish I had traded in my Altima about eighteen months ago.
I'm glad I kept my 2015 Ford Ranger... it's old school now.
The higher price of cars doesn't cover the slightly higher amount given for trade-ins.
30% rise in value here
Seoul might know, but I;m guessing it's close to that here.
The provincial picture
Looking at pricing changes by region, Ontario saw the largest increase in average prices for used cars, jumping 35.9 per cent to $33,923 and Manitoba and Saskatchewan saw the largest increase in average new car prices, rising 15.4 per cent to $54,723. However, Ontario's increase for used cars was not that much higher than the smallest increase of 29.7 per cent in British Columbia. And in new cars, the rise in Manitoba and Saskatchewan was less than five percentage points higher than British Columbia, which saw the smallest increase. On average, those in Alberta paid the most for a new car ($54,859) and those in British Columbia paid the most for a used car ($37,357).
https://www.theglobeandmail.com/drive/article-used-car-prices-spiked-34-per-cent-last-year-amid-pent-up-demand-chip/#:~:text=Looking%20at%20pricing%20changes%20by,15.4%20per%20cent%20to%20%2454%2C723.
Quote from: seoulbro post_id=448249 time=1651146278 user_id=114
The provincial picture
Looking at pricing changes by region, Ontario saw the largest increase in average prices for used cars, jumping 35.9 per cent to $33,923 and Manitoba and Saskatchewan saw the largest increase in average new car prices, rising 15.4 per cent to $54,723. However, Ontario's increase for used cars was not that much higher than the smallest increase of 29.7 per cent in British Columbia. And in new cars, the rise in Manitoba and Saskatchewan was less than five percentage points higher than British Columbia, which saw the smallest increase. On average, those in Alberta paid the most for a new car ($54,859) and those in British Columbia paid the most for a used car ($37,357).
https://www.theglobeandmail.com/drive/article-used-car-prices-spiked-34-per-cent-last-year-amid-pent-up-demand-chip/#:~:text=Looking%20at%20pricing%20changes%20by,15.4%20per%20cent%20to%20%2454%2C723.
Thank you Seoul.
Quote from: seoulbro post_id=448249 time=1651146278 user_id=114
The provincial picture
Looking at pricing changes by region, Ontario saw the largest increase in average prices for used cars, jumping 35.9 per cent to $33,923 and Manitoba and Saskatchewan saw the largest increase in average new car prices, rising 15.4 per cent to $54,723. However, Ontario's increase for used cars was not that much higher than the smallest increase of 29.7 per cent in British Columbia. And in new cars, the rise in Manitoba and Saskatchewan was less than five percentage points higher than British Columbia, which saw the smallest increase. On average, those in Alberta paid the most for a new car ($54,859) and those in British Columbia paid the most for a used car ($37,357).
https://www.theglobeandmail.com/drive/article-used-car-prices-spiked-34-per-cent-last-year-amid-pent-up-demand-chip/#:~:text=Looking%20at%20pricing%20changes%20by,15.4%20per%20cent%20to%20%2454%2C723.
I took a look on Kijiji Winnipeg at used cars. I couldn't believe the prices even commuter beaters are fetching nowadays.

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279392727_10166557128700338_5422219587627690535_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=8bfeb9&_nc_ohc=C7Mv1ELTyqQAX8mboCf&tn=H_gvJnn-iRPz6D2l&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_tN2cdcGolqRFrlHnlI-Snpqr4jQ4lq_PGJcL3vEaZZA&oe=626FC5C2%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=626FC5C2%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279392727_10166557128700338_5422219587627690535_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=8bfeb9&_nc_ohc=C7Mv1ELTyqQAX8mboCf&tn=H_gvJnn-iRPz6D2l&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_tN2cdcGolqRFrlHnlI-Snpqr4jQ4lq_PGJcL3vEaZZA&oe=626FC5C2%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
Quote from: Herman post_id=448358 time=1651200951 user_id=1689

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279392727_10166557128700338_5422219587627690535_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=8bfeb9&_nc_ohc=C7Mv1ELTyqQAX8mboCf&tn=H_gvJnn-iRPz6D2l&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_tN2cdcGolqRFrlHnlI-Snpqr4jQ4lq_PGJcL3vEaZZA&oe=626FC5C2%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=626FC5C2%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279392727_10166557128700338_5422219587627690535_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=8bfeb9&_nc_ohc=C7Mv1ELTyqQAX8mboCf&tn=H_gvJnn-iRPz6D2l&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_tN2cdcGolqRFrlHnlI-Snpqr4jQ4lq_PGJcL3vEaZZA&oe=626FC5C2%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
This was caused by lockdowns and paying people not to work.
And mandates....
Quote from: Thiel post_id=448362 time=1651201536 user_id=1688
Quote from: Herman post_id=448358 time=1651200951 user_id=1689

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279392727_10166557128700338_5422219587627690535_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=8bfeb9&_nc_ohc=C7Mv1ELTyqQAX8mboCf&tn=H_gvJnn-iRPz6D2l&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_tN2cdcGolqRFrlHnlI-Snpqr4jQ4lq_PGJcL3vEaZZA&oe=626FC5C2%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=626FC5C2%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279392727_10166557128700338_5422219587627690535_n.jpg?_nc_cat=106&ccb=1-5&_nc_sid=8bfeb9&_nc_ohc=C7Mv1ELTyqQAX8mboCf&tn=H_gvJnn-iRPz6D2l&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_tN2cdcGolqRFrlHnlI-Snpqr4jQ4lq_PGJcL3vEaZZA&oe=626FC5C2%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
This was caused by lockdowns and paying people not to work.
The first lockdown in my province was four weeks..
We kept going back to it and it's going to take us years to get back to normal.
I can't remember how long the first lockdown was or every one after that.
We were basically locked down for well over a year in total and when we were suddenly free, we weren't.... there were two distinct classes of people. Those that could earn and spend....and the rest of us.... we could only spend.
Nothing has changed since then.... no jab, no income...
I hope Dan Andrews dies a violently painful death for months and months with extreme pain and suffering and then an unvaccinated person shits in his mouth at the moment he gasps for air.
Then I hope somebody takes a sharp cutting implement to his genitals, cuts them off, and stuffs them into his mouth as he expires...
It wouldn't make up what he's done to other people but it might be a start.
Alberta's first lockdown was four weeks.
Quote from: Fashionista post_id=448410 time=1651249008 user_id=3254
Alberta's first lockdown was four weeks.
One and done and we would've minimized the damage we have done to the global economy. Instead, we doubled, tripled and quadrupled down on stupid.
Trust the science, my shapely yellow ass.
Has China locked down Beijing yet causing people to starve to the point of cannibalism like in Shanghai?
Quote from: "Oliver Clotheshoffe" post_id=448427 time=1651258046 user_id=3349
Has China locked down Beijing yet causing people to starve to the point of cannibalism like in Shanghai?
Western propaganda.
You think they're just laying down and starving to death because the government told them to? They're literally eating each other.
Well....pork is popular there...
All things bright and beautiful,
All creatures great and small,
All things wise and wonderful,
The Chinese eat them all.
Quote from: "Oliver Clotheshoffe" post_id=448435 time=1651265118 user_id=3349
All things bright and beautiful,
All creatures great and small,
All things wise and wonderful,
The Chinese eat them all.
Yellow Peril Poetry?

(//%3C/s%3E%3CIMGUR%20id=%22Iyk43rF%22%3E%3CURL%20url=%22https://i.imgur.com/Iyk43rF.gif%22%3Ehttps://i.imgur.com/Iyk43rF.gif%3C/URL%3E%3C/IMGUR%3E%3Ce%3E)
Quote from: "Oliver Clotheshoffe" post_id=448430 time=1651258324 user_id=3349
You think they're just laying down and starving to death because the government told them to? They're literally eating each other.
Shanghai is one of the best educated cities in the world..
It's an affluent city with living standards on par with Tokyo, Taipei or Toronto..
Do you really think people are starving in that city?
Shanghai officials want zero cases.
Quote from: "Shen Li" post_id=448428 time=1651258102 user_id=56
Quote from: "Oliver Clotheshoffe" post_id=448427 time=1651258046 user_id=3349
Has China locked down Beijing yet causing people to starve to the point of cannibalism like in Shanghai?
Western propaganda.
No doubt there is some exaggeration, but the plan aint going well in that city either.
Quote from: Fashionista post_id=448439 time=1651272603 user_id=3254
Shanghai is one of the best educated cities in the world..
It's an affluent city with living standards on par with Tokyo, Taipei or Toronto..
Do you really think people are starving in that city?
Yup.
Quote from: "Oliver Clotheshoffe" post_id=448469 time=1651285754 user_id=3349
Quote from: Fashionista post_id=448439 time=1651272603 user_id=3254
Shanghai is one of the best educated cities in the world..
It's an affluent city with living standards on par with Tokyo, Taipei or Toronto..
Do you really think people are starving in that city?
Yup.
I have lived in some of the poorest shitholes on earth. They don't look like they are starving. No doubt they are having issues with logistics, but government is incompetent everywhere.
I know people in Shanghai right now, but I don't know them very well to ask about what's going on..
Shen knows a lot of people in Shanghai, perhaps she can enlighten us beyond Western propaganda.
Quote from: Fashionista post_id=448472 time=1651287182 user_id=3254
I know people in Shanghai right now, but I don't know them very well to ask about what's going on..
Shen knows a lot of people in Shanghai, perhaps she can enlighten us beyond Western propaganda.
First of all, I think what Shanghai is doing is insane. Zero cases hasn't worked anywhere.
The worst part of all of it is if one new case happens in one area, that entire area is under quarantine for fourteen days. Then there is the usual price gouging of food from online retalilers.
It's all nuts, and I strongly condemn the overzealous actions of Shanghai authorities. They are destroying a great city.
Quote from: "Shen Li" post_id=448475 time=1651288684 user_id=56
Quote from: Fashionista post_id=448472 time=1651287182 user_id=3254
I know people in Shanghai right now, but I don't know them very well to ask about what's going on..
Shen knows a lot of people in Shanghai, perhaps she can enlighten us beyond Western propaganda.
First of all, I think what Shanghai is doing is insane. Zero cases hasn't worked anywhere.
The worst part of all of it is if one new case happens in one area, that entire area is under quarantine for fourteen days. Then there is the usual price gouging of food from online retalilers.
It's all nuts, and I strongly condemn the overzealous actions of Shanghai authorities. They are destroying a great city.
What's actually happening on the ground, I think we can all agree that the authorities are overreacting.
Shanghai's lockdown is even more harsh than the city of Melbourne. The longer it goes on the more it will negatively impact China's economy, Asia's economy and the world's economy.
In the past, China enacted harsh lockdowns, but for shorter times than in the West. I'm not so sure they will do that this time.
Whatever is happening in China is not good.
Quote from: seoulbro post_id=448484 time=1651319542 user_id=114
Shanghai's lockdown is even more harsh than the city of Melbourne. The longer it goes on the more it will negatively impact China's economy, Asia's economy and the world's economy.
In the past, China enacted harsh lockdowns, but for shorter times than in the West. I'm not so sure they will do that this time.
Yes, that's what the city of Wuhan did.

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279377791_10158525759566847_1202420488184550108_n.jpg?_nc_cat=101&ccb=1-5&_nc_sid=730e14&_nc_ohc=5cZ47a5uqnwAX_FH9zK&tn=DsldR9XKL_qWJDFh&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT92eCJmt8ZtC9w6PSs1FHGAnRxwbwk8Y2YrG-1AmfD0qw&oe=6273F892%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=6273F892%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279377791_10158525759566847_1202420488184550108_n.jpg?_nc_cat=101&ccb=1-5&_nc_sid=730e14&_nc_ohc=5cZ47a5uqnwAX_FH9zK&tn=DsldR9XKL_qWJDFh&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT92eCJmt8ZtC9w6PSs1FHGAnRxwbwk8Y2YrG-1AmfD0qw&oe=6273F892%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279941476_10209799566141594_3675370921634497510_n.jpg?stp=dst-jpg_p843x403&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=FjKWhLZ3XhgAX-pd5CR&_nc_oc=AQmfg-6nNN9o_FPOQNWI-C5HiUK684yVV_VB0-ZenUU_0F3JtD0SvZbqMyH0ST623zw&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_wJt5gvcNOsMOPT_Vzg0PwqZAZIxHL950DifPWLEp6jw&oe=6282A9F4%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=6282A9F4%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279941476_10209799566141594_3675370921634497510_n.jpg?stp=dst-jpg_p843x403&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=FjKWhLZ3XhgAX-pd5CR&_nc_oc=AQmfg-6nNN9o_FPOQNWI-C5HiUK684yVV_VB0-ZenUU_0F3JtD0SvZbqMyH0ST623zw&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_wJt5gvcNOsMOPT_Vzg0PwqZAZIxHL950DifPWLEp6jw&oe=6282A9F4%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
Quote from: Herman post_id=449925 time=1652404692 user_id=1689

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279941476_10209799566141594_3675370921634497510_n.jpg?stp=dst-jpg_p843x403&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=FjKWhLZ3XhgAX-pd5CR&_nc_oc=AQmfg-6nNN9o_FPOQNWI-C5HiUK684yVV_VB0-ZenUU_0F3JtD0SvZbqMyH0ST623zw&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_wJt5gvcNOsMOPT_Vzg0PwqZAZIxHL950DifPWLEp6jw&oe=6282A9F4%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=6282A9F4%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/279941476_10209799566141594_3675370921634497510_n.jpg?stp=dst-jpg_p843x403&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=FjKWhLZ3XhgAX-pd5CR&_nc_oc=AQmfg-6nNN9o_FPOQNWI-C5HiUK684yVV_VB0-ZenUU_0F3JtD0SvZbqMyH0ST623zw&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT_wJt5gvcNOsMOPT_Vzg0PwqZAZIxHL950DifPWLEp6jw&oe=6282A9F4%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
It's easier for the people to make ends meet when the government can without charging more.
I was halfway through a business management degree when my first wife fell pregnant in my mid-twenties. I quit that degree and put my nose to the grindstone. My dreams were put on ice. Years later I opened a new business with my soulmate and second wife...and COVID inadvertently destroyed any chance of us succeeding in that particular business venture.I went back to freelancing and we adapted to the changes. There is money to be made out there...no matter what. One needs to tap into every avenue that their being can muster to make that difference. Just break down the barriers. I'm semi-retired at 50 and have work coming out my ears in basically a global recession. Choose smart and work smart is my advice.
Quote from: Bonkerfist post_id=449971 time=1652453822 user_id=3358
I was halfway through a business management degree when my first wife fell pregnant in my mid-twenties. I quit that degree and put my nose to the grindstone. My dreams were put on ice. Years later I opened a new business with my soulmate and second wife...and COVID inadvertently destroyed any chance of us succeeding in that particular business venture.I went back to freelancing and we adapted to the changes. There is money to be made out there...no matter what. One needs to tap into every avenue that their being can muster to make that difference. Just break dolwn the barriers. I'm semi-retired at 50 and have work coming out my ears in basically a global recession. Choose smart and work smart is my advice.
There are jobs and opportunities here too. But, due to stupid governments not as much as there could be. It doesn't matter anyway because the inflation they caused is making earnings worthless.
Quote from: "iron horse jockey" post_id=449975 time=1652458752 user_id=2015
Quote from: Bonkerfist post_id=449971 time=1652453822 user_id=3358
I was halfway through a business management degree when my first wife fell pregnant in my mid-twenties. I quit that degree and put my nose to the grindstone. My dreams were put on ice. Years later I opened a new business with my soulmate and second wife...and COVID inadvertently destroyed any chance of us succeeding in that particular business venture.I went back to freelancing and we adapted to the changes. There is money to be made out there...no matter what. One needs to tap into every avenue that their being can muster to make that difference. Just break dolwn the barriers. I'm semi-retired at 50 and have work coming out my ears in basically a global recession. Choose smart and work smart is my advice.
There are jobs and opportunities here too. But, due to stupid governments not as much as there could be. It doesn't matter anyway because the inflation they caused is making earnings worthless.
Too much ideology and not enough pragmatism.
Quote from: "iron horse jockey" post_id=449975 time=1652458752 user_id=2015
Quote from: Bonkerfist post_id=449971 time=1652453822 user_id=3358
I was halfway through a business management degree when my first wife fell pregnant in my mid-twenties. I quit that degree and put my nose to the grindstone. My dreams were put on ice. Years later I opened a new business with my soulmate and second wife...and COVID inadvertently destroyed any chance of us succeeding in that particular business venture.I went back to freelancing and we adapted to the changes. There is money to be made out there...no matter what. One needs to tap into every avenue that their being can muster to make that difference. Just break dolwn the barriers. I'm semi-retired at 50 and have work coming out my ears in basically a global recession. Choose smart and work smart is my advice.
There are jobs and opportunities here too. But, due to stupid governments not as much as there could be. It doesn't matter anyway because the inflation they caused is making earnings worthless.
Inflation has always been a reality for so many. But instead of giving up and accepting it, one needs to rise above it. A career change perhaps, further studies to secure a better future? It's never too late to reinvent one's self no matter one's age...as long as they still have their basic faculties about them. A good partnership with your loved one also helps. Just don't go into business with family...it's bound to bite you in the arse.
Run away inflation or hyperinflation can't be combated easily.
Look at Venezuela, Zimbabwe, Argentina for decades now, Greece, Sri Lanka, and the USSR at the end. A Russian newspaper was leaving unmarked squares the size of cigarette papers to boost its sales at one point and bread lines went for blocks.
This isn't just a case of mismanagement.... it's an intentional squeeze.
Quote from: "Dinky Dazza" post_id=450008 time=1652488075 user_id=1676
Run away inflation or hyperinflation can't be combated easily.
Look at Venezuela, Zimbabwe, Argentina for decades now, Greece, Sri Lanka, and the USSR at the end. A Russian newspaper was leaving unmarked squares the size of cigarette papers to boost its sales at one point and bread lines went for blocks.
This isn't just a case of mismanagement.... it's an intentional squeeze.
Seoul warned that inflation was comng at the start of the pandemic when governments poured so much money into the economy and shut everything down.
Fiat money is being printed into worthless territory.
I see people pointing at crypto the last week and laughing but a good portion of crypto have a finite supply....ie no crypto printing presses except with new shitcoin creations in a roundabout way.
Quote from: "Dinky Dazza" post_id=450013 time=1652488758 user_id=1676
Fiat money is being printed into worthless territory.
I see people pointing at crypto the last week and laughing but a good portion of crypto have a finite supply....ie no crypto printing presses except with new shitcoin creations in a roundabout way.
Crypto even sounds dangerous. High risk? Admittedly I haven't looked into it much. Many have tried to sway me. Bit coin, crypto currency ...they all seem like a recipe for disaster. E-money seems so dubious!
Those frickin democRATs always blaming everybody else for their own failures.
https://www.theblaze.com/news/federal-reserve-economists-debunk-democrat-talking-point-gas-prices?utm_source=theblaze-dailyPM&utm_medium=email&utm_campaign=Daily-Newsletter__PM%202022-05-13&utm_term=ACTIVE%20LIST%20-%20TheBlaze%20Daily%20PM
Economists at the Federal Reserve of Dallas published analysis this week debunking a popular claim that Democrats make against oil companies.
As gas prices reached new record highs this week, the popular Democratic talking point — that oil and gas companies are profiteering — was recycled into the national conversation.
Garrett Golding and Lutz Kilian, senior economic analysts at the Federal Reserve of Dallas, explained that profiteering and price gouging are not contributing to the staggering price of gas.
Two facts in particular disprove this myth. Golding and Kilian explained:
Gas station operators set prices: "Gas station operators set retail prices based on their expected acquisition cost for the next delivery of fuel from the local distributor, federal and state tax rates, and a markup that covers operating expenses, such as rent, delivery charges and credit card fees."
Nearly every gas station is owned by a company that does not produce oil: "Since only 1 percent of service stations in the U.S. are owned by companies that also produce oil, U.S. oil producers are in no position to control retail gasoline prices."
Meanwhile, they explained that in March 2022, when the average price of gasoline was $4.22 per gallon, 59% of the cost was directly related to the price of the oil, while 18% of the cost was refining the oil, 12% of the cost was distribution and marketing, and the remaining 12% was the cost of taxes.
The economists also addressed asymmetric nature of gas price changes.
[T]he asymmetry of the response of retail gasoline prices need not be evidence of price gouging. One potential explanation is that station operators are recapturing margins lost during the upswing, when gas stations were initially slow to increase pump prices. The reluctance to lower retail prices also likely reflects concerns that oil prices—and, hence, wholesale gasoline prices—may quickly rebound, eating into station profit margins.
Another possible reason for this asymmetry is consumers' tendency to more intensively search for lower pump prices as gasoline prices rise than when they decline. This diminished search effort provides further pricing power to gas stations, causing prices to fall more slowly than they rose. This has prompted researchers to liken the response of gasoline prices to higher oil prices to a rocket—and the response to lower oil prices to a feather.
Quote from: Fashionista post_id=450009 time=1652488337 user_id=3254
Quote from: "Dinky Dazza" post_id=450008 time=1652488075 user_id=1676
Run away inflation or hyperinflation can't be combated easily.
Look at Venezuela, Zimbabwe, Argentina for decades now, Greece, Sri Lanka, and the USSR at the end. A Russian newspaper was leaving unmarked squares the size of cigarette papers to boost its sales at one point and bread lines went for blocks.
This isn't just a case of mismanagement.... it's an intentional squeeze.
Seoul warned that inflation was comng at the start of the pandemic when governments poured so much money into the economy and shut everything down.
I'm actually waiting for the interest rates to rise so housing becomes more realistic and readily available at a lower price. I currently rent a modest house that was worth $350 000 8 years ago, but is valued at almost a million dollars today. It's only weatherboard. A Chinese lady owns it and lives back in China. I may have mentioned this before.
Nothing is worth what they are currently been sold at. It's unbelievable at the moment.
Houses have become speculative assets or a form of gambling.... similar to crypto and the stock market.
Australians think nothing of a 30 year mortgage at high variable interest rates.
Quote from: "Dinky Dazza" post_id=450023 time=1652490443 user_id=1676
Houses have become speculative assets or a form of gambling.... similar to crypto and the stock market.
Australians think nothing of a 30 year mortgage at high variable interest rates.
That debacle that I mentioned with a joint family asset! The property was bought at $1.9 million nearly two and a half years ago a couple months pre-Covid, is worth between 3 and 4 million now. It's going on the market soon. We finally get our 350K out of it. Hey? My wife and I just shake our heads and laugh at that whole shit show. What a joke!
Interest rates were really low for the longest time.
India has banned all wheat exports following a widespread heatwave that affected the country's supply of the crop. This won't help food prices.
Quote from: Herman post_id=450157 time=1652575225 user_id=1689
India has banned all wheat exports following a widespread heatwave that affected the country's supply of the crop. This won't help food prices.
Does India export much wheat?
Quote from: Fashionista post_id=450161 time=1652577605 user_id=3254
Quote from: Herman post_id=450157 time=1652575225 user_id=1689
India has banned all wheat exports following a widespread heatwave that affected the country's supply of the crop. This won't help food prices.
Does India export much wheat?
Ya, especially to it's neighbours Afghanistan and Bangladesh. India is the world's second biggest producer of wheat. This move by India move will add to global inflationary pressure and further strain global food supplies.
Quote from: Herman post_id=450157 time=1652575225 user_id=1689
India has banned all wheat exports following a widespread heatwave that affected the country's supply of the crop. This won't help food prices.
Agriculture is the biggest sector of the Indian economy.
Quote from: Gaon post_id=450168 time=1652582964 user_id=3170
Quote from: Herman post_id=450157 time=1652575225 user_id=1689
India has banned all wheat exports following a widespread heatwave that affected the country's supply of the crop. This won't help food prices.
Agriculture is the biggest sector of the Indian economy.
I assumed that, but I didn't know how much wheat India produces.
Spotted in Perth, Ontario.

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/281624971_315648997415652_1335627883263575951_n.jpg?stp=dst-jpg_s960x960&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=qTjmZOIRZH0AX-iVWq3&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT9K8o1sflHZHMZafpU_AWChbYLWkiEpyJuGgJ95ZTelJw&oe=6286BD49%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=6286BD49%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/281624971_315648997415652_1335627883263575951_n.jpg?stp=dst-jpg_s960x960&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=qTjmZOIRZH0AX-iVWq3&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT9K8o1sflHZHMZafpU_AWChbYLWkiEpyJuGgJ95ZTelJw&oe=6286BD49%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
Quote from: Herman post_id=450239 time=1652664583 user_id=1689
Spotted in Perth, Ontario.

(//%3C/s%3E%3CURL%20url=%22https://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/281624971_315648997415652_1335627883263575951_n.jpg?stp=dst-jpg_s960x960&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=qTjmZOIRZH0AX-iVWq3&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT9K8o1sflHZHMZafpU_AWChbYLWkiEpyJuGgJ95ZTelJw&oe=6286BD49%22%3E%3CLINK_TEXT%20text=%22https://scontent.fyqr2-1.fna.fbcdn.net/%20...%20e=6286BD49%22%3Ehttps://scontent.fyqr2-1.fna.fbcdn.net/v/t39.30808-6/281624971_315648997415652_1335627883263575951_n.jpg?stp=dst-jpg_s960x960&_nc_cat=1&ccb=1-6&_nc_sid=8bfeb9&_nc_ohc=qTjmZOIRZH0AX-iVWq3&_nc_ht=scontent.fyqr2-1.fna&oh=00_AT9K8o1sflHZHMZafpU_AWChbYLWkiEpyJuGgJ95ZTelJw&oe=6286BD49%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
It's $1.87.9 at Co-op in Winnipeg.
You know times are rough when your date sends you a detailed spreadsheet with the costs of your weekend and asks you to pay your half

(//%3C/s%3E%3CIMGUR%20id=%22BKNZrig%22%3E%3CURL%20url=%22https://i.imgur.com/BKNZrig.jpeg%22%3Ehttps://i.imgur.com/BKNZrig.jpeg%3C/URL%3E%3C/IMGUR%3E%3Ce%3E)
Quote from: Rancidmilko post_id=450276 time=1652734412 user_id=2853
You know times are rough when your date sends you a detailed spreadsheet with the costs of your weekend and asks you to pay your half

(//%3C/s%3E%3CIMGUR%20id=%22BKNZrig%22%3E%3CURL%20url=%22https://i.imgur.com/BKNZrig.jpeg%22%3Ehttps://i.imgur.com/BKNZrig.jpeg%3C/URL%3E%3C/IMGUR%3E%3Ce%3E)
:laugh:
I've been seeing so many girls kinda desperate here lately
With the economy in the gutter, the game has changed
Many single chicks in their 30's are going thru hard times, inflation has corroded their incomes
Before, they would sit by themselves alone and send away every single dude who approached them, they enjoyed eating and drinking until they were stuffed
Now they buy a cheap beer and stare at you hoping that you invite yourself to sit with them and pick the tab.
Quote from: Rancidmilko post_id=450288 time=1652736512 user_id=2853
I've been seeing so many girls kinda desperate here lately
With the economy in the gutter, the game has changed
Many single chicks in their 30's are going thru hard times, inflation has corroded their incomes
Before, they would sit by themselves alone and send away every single dude who approached them, they enjoyed eating and drinking until they were stuffed
Now they buy a cheap beer and stare at you hoping that you invite yourself to sit with them and pick the tab.
When is the next election in Brazil?
Quote from: "Shen Li" post_id=450292 time=1652741771 user_id=56
Quote from: Rancidmilko post_id=450288 time=1652736512 user_id=2853
I've been seeing so many girls kinda desperate here lately
With the economy in the gutter, the game has changed
Many single chicks in their 30's are going thru hard times, inflation has corroded their incomes
Before, they would sit by themselves alone and send away every single dude who approached them, they enjoyed eating and drinking until they were stuffed
Now they buy a cheap beer and stare at you hoping that you invite yourself to sit with them and pick the tab.
When is the next election in Brazil?
In a few months. Things are already looking ripe for a major conflict here.
There's a lot of suspicion in the voting system and the army wants transparency, but the scumbags that are remnant from the past governments don't want that
They keep releasing polls saying Lula is ahead of Bolsonaro, but Lula can barely show his face on the streets
IMO, fraud or not, democracy no longer works in Brazoo. For democracy to work as it should, I'd say that at least 70% of the voters should be honest and have the least intelligence and adequate information about the basics of economy and politics. It's not the case here.
Way too many Brazilians want a kleptocratic pseudo-communist government here, a lot like Venezuela.
Universal suffrage is insane. Just being a citizen shouldn't automically give a person
a say in how other people's money is spent.
Quote from: "Shen Li" post_id=450298 time=1652744364 user_id=56
Universal suffrage is insane. Just being a citizen shouldn't automically give a person
a say in how other people's money is spent.
Seoul says democracy wasn't meant for the social media age.
Quote from: Rancidmilko post_id=450296 time=1652743015 user_id=2853
Quote from: "Shen Li" post_id=450292 time=1652741771 user_id=56
Quote from: Rancidmilko post_id=450288 time=1652736512 user_id=2853
I've been seeing so many girls kinda desperate here lately
With the economy in the gutter, the game has changed
Many single chicks in their 30's are going thru hard times, inflation has corroded their incomes
Before, they would sit by themselves alone and send away every single dude who approached them, they enjoyed eating and drinking until they were stuffed
Now they buy a cheap beer and stare at you hoping that you invite yourself to sit with them and pick the tab.
When is the next election in Brazil?
In a few months. Things are already looking ripe for a major conflict here.
There's a lot of suspicion in the voting system and the army wants transparency, but the scumbags that are remnant from the past governments don't want that
They keep releasing polls saying Lula is ahead of Bolsonaro, but Lula can barely show his face on the streets
IMO, fraud or not, democracy no longer works in Brazoo. For democracy to work as it should, I'd say that at least 70% of the voters should be honest and have the least intelligence and adequate information about the basics of economy and politics. It's not the case here.
Way too many Brazilians want a kleptocratic pseudo-communist government here, a lot like Venezuela.
What is your opinion of old Bolsonaro's performance?
Rancidmilko, did your government pay people not to wor3 during the pandemic like ours did?
Quote from: Rancidmilko post_id=450276 time=1652734412 user_id=2853
You know times are rough when your date sends you a detailed spreadsheet with the costs of your weekend and asks you to pay your half

(//%3C/s%3E%3CIMGUR%20id=%22BKNZrig%22%3E%3CURL%20url=%22https://i.imgur.com/BKNZrig.jpeg%22%3Ehttps://i.imgur.com/BKNZrig.jpeg%3C/URL%3E%3C/IMGUR%3E%3Ce%3E)
I just assumed that the bloke paid anyway? Bring back the chivalry...our women deserve it. I'm tired of reading about broke-arse men going Dutch or insisting on splitting the bill. It's embarrassing for "masculinity" globally.
There's no end in sight to sky high inflation and Justin Trudeau will not give Canadians a break by suspending the carbon tax or the gasoline tax.
Inflation continued to rise in April, up 6.8 per cent year over year thanks to the costs of food, gas and shelter.
It's the highest rate since January 1991, when the annual rate was 6.9 per cent, and experts say consumers should brace themselves for prices to keep rising.
Prices for groceries kept climbing at 9.7 per cent, up from 8.7 per cent in March, and the largest increase since September 1981. Fruit and meat were both up 10 per cent, pasta was up almost 20 per cent, bread more than 12 per cent, and cereal products almost 14 per cent.
https://www.thestar.com/business/2022/05/18/canadas-inflation-rate-expected-to-rise-when-aprils-numbers-are-announced-wednesday.html
Quote from: Fashionista post_id=450533 time=1652898072 user_id=3254
There's no end in sight to sky high inflation and Justin Trudeau will not give Canadians a break by suspending the carbon tax or the gasoline tax.
Inflation continued to rise in April, up 6.8 per cent year over year thanks to the costs of food, gas and shelter.
It's the highest rate since January 1991, when the annual rate was 6.9 per cent, and experts say consumers should brace themselves for prices to keep rising.
Prices for groceries kept climbing at 9.7 per cent, up from 8.7 per cent in March, and the largest increase since September 1981. Fruit and meat were both up 10 per cent, pasta was up almost 20 per cent, bread more than 12 per cent, and cereal products almost 14 per cent.
https://www.thestar.com/business/2022/05/18/canadas-inflation-rate-expected-to-rise-when-aprils-numbers-are-announced-wednesday.html
He doesn't care if he bankrupts every Canadian family. Trudeau will not reduce fuel taxes/carbon tax. It's all about him, not you.
Quote from: Bonkerfist post_id=450486 time=1652868677 user_id=3358
I just assumed that the bloke paid anyway? Bring back the chivalry...our women deserve it. I'm tired of reading about broke-arse men going Dutch or insisting on splitting the bill. It's embarrassing for "masculinity" globally.
These days you kinda have to be a little less "eager" to pay, they say some girls like to pay for their part and men shouldn't "trample their rights" and pick the tab to pay immediately.
"Let it sit there on the table for a few moments, maybe they wanna see how much it was and then politely ask if you can pay it all of if she wants to help" they say
Well, girls I've been meeting lately find a million things to look at when the bill arrives
Look at their cellphone, the lights, the floor, but nope, if I leave it sittin there, it sits there, none of them wanna look at the tab
I'm guessing these girls don't really care about this facet of feminism
I don't mind though, I see it as a normal thing.
Quote from: Rancidmilko post_id=450610 time=1652924976 user_id=2853
Quote from: Bonkerfist post_id=450486 time=1652868677 user_id=3358
I just assumed that the bloke paid anyway? Bring back the chivalry...our women deserve it. I'm tired of reading about broke-arse men going Dutch or insisting on splitting the bill. It's embarrassing for "masculinity" globally.
These days you kinda have to be a little less "eager" to pay, they say some girls like to pay for their part and men shouldn't "trample their rights" and pick the tab to pay immediately.
"Let it sit there on the table for a few moments, maybe they wanna see how much it was and then politely ask if you can pay it all of if she wants to help" they say
Well, girls I've been meeting lately find a million things to look at when the bill arrives
Look at their cellphone, the lights, the floor, but nope, if I leave it sittin there, it sits there, none of them wanna look at the tab
I'm guessing these girls don't really care about this facet of feminism
I don't mind though, I see it as a normal thing.
My husband always paid when we went out when he was courting me.
Quote from: Rancidmilko post_id=450610 time=1652924976 user_id=2853
Quote from: Bonkerfist post_id=450486 time=1652868677 user_id=3358
I just assumed that the bloke paid anyway? Bring back the chivalry...our women deserve it. I'm tired of reading about broke-arse men going Dutch or insisting on splitting the bill. It's embarrassing for "masculinity" globally.
These days you kinda have to be a little less "eager" to pay, they say some girls like to pay for their part and men shouldn't "trample their rights" and pick the tab to pay immediately.
"Let it sit there on the table for a few moments, maybe they wanna see how much it was and then politely ask if you can pay it all of if she wants to help" they say
Well, girls I've been meeting lately find a million things to look at when the bill arrives
Look at their cellphone, the lights, the floor, but nope, if I leave it sittin there, it sits there, none of them wanna look at the tab
I'm guessing these girls don't really care about this facet of feminism
I don't mind though, I see it as a normal thing.
The way I grew up, both in Southern Africa and Australia, men pay always. X generation and before. But it's not the first time that I've heard of blokes wanting to go halfcies. Obviously with my wife these days, we pool our money together anyway. As far as dating goes...men must pay! Lol
My wife and I met when I was thirty five. She's a nurse, so we both have good incomes. We alternated paying when we were dating. Now all the money is pooled, so when we go out it's always communal pay.
Quote from: "iron horse jockey" post_id=450698 time=1652978148 user_id=2015
My wife and I met when I was thirty five. She's a nurse, so we both have good incomes. We alternated paying when we were dating. Now all the money is pooled, so when we go out it's always communal pay.
That makes sense for equals.
https://i.imgur.com/Lnrfk9Hl.jpg[/img]
A national gas station chain is reprogramming its pumps in Washington state to accommodate $10-a-gallon fuel, it has been revealed.
The move by Union 76 comes as the nation's average gasoline price soars to $4.57-a-gallon, almost twice the $2.41 average during Trump's last month in office.
A spokesperson for Union 76 gas stations confirmed that the national chain has begun reconfiguring its pumps to 'make room' for the possibility of double-digit prices, The Post Millennial reported. The spokesperson did not comment on whether the company is expecting prices to reach $10.00-a-gallon.
Meanwhile, other gas stations in the state have begun running out of gas as supplies become crunched, with reports saying at least 10 stations have run dry. The shortages are mainly effecting regular unleaded and premium gasoline, though diesel supplies are rapidly shrinking too.
Meanwhile some states - such as California - are reporting spiraling prices of up to $5.98 this week.
In January, 2021, the last month of Donald Trump's presidency, gas prices across the nation averaged $2.41-a-gallon, with some states charging averages under $2-a-gallon.
https://www.dailymail.co.uk/news/article-10830591/Gas-stations-Washington-reprogram-pumps-prepare-10-gallon-fuel.html
Quote from: "Oliver Clotheshoffe" post_id=451048 time=1653077259 user_id=3349
https://i.imgur.com/Lnrfk9Hl.jpg[/img]
A national gas station chain is reprogramming its pumps in Washington state to accommodate $10-a-gallon fuel, it has been revealed.
The move by Union 76 comes as the nation's average gasoline price soars to $4.57-a-gallon, almost twice the $2.41 average during Trump's last month in office.
A spokesperson for Union 76 gas stations confirmed that the national chain has begun reconfiguring its pumps to 'make room' for the possibility of double-digit prices, The Post Millennial reported. The spokesperson did not comment on whether the company is expecting prices to reach $10.00-a-gallon.
Meanwhile, other gas stations in the state have begun running out of gas as supplies become crunched, with reports saying at least 10 stations have run dry. The shortages are mainly effecting regular unleaded and premium gasoline, though diesel supplies are rapidly shrinking too.
Meanwhile some states - such as California - are reporting spiraling prices of up to $5.98 this week.
In January, 2021, the last month of Donald Trump's presidency, gas prices across the nation averaged $2.41-a-gallon, with some states charging averages under $2-a-gallon.
https://www.dailymail.co.uk/news/article-10830591/Gas-stations-Washington-reprogram-pumps-prepare-10-gallon-fuel.html
Justin Trudeau is ensuring Canadians never have affordable gasoline again.
I paid $2.26.9 for each litre of petrol in Surrey.
Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.
That price is in dollars?
Quote from: Rancidmilko post_id=453577 time=1653663945 user_id=2853
Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.
That price is in dollars?
He meant Canadian dollars(pesos).
Quote from: "Shen Li" post_id=453612 time=1653666588 user_id=56
Quote from: Rancidmilko post_id=453577 time=1653663945 user_id=2853
Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.
That price is in dollars?
He meant Canadian dollars(pesos).
It's still an outrageous price.
Quote from: Rancidmilko post_id=453577 time=1653663945 user_id=2853
Quote from: Gaon post_id=451165 time=1653101873 user_id=3170
I paid $2.26.9 for each litre of petrol in Surrey.
That price is in dollars?
Like a poster said, Canadian dollars. It's down ten cents per liter this week.
Beef prices are likely to continue rising as U.S. based cattle ranchers continue to shrink the size of their herds.
This move is expected to further constrain U.S. beef production in the coming months, the Wall Street Journal reported. Data from the federal government confirms that rising costs for feed and other expenses are encouraging ranchers to sell to sell calves into feedlots around the country at a faster rate which leaves fewer cattle available for slaughter. It is expected that this will become more pronounced later this year and into 2023.
By 2023, beef production is expected to decline by 7% and cattle prices are expected to increase to record highs. These increased costs and shrinking supply pose serious problems for meatpackers like Tyson Foods Inc., JBS USA holdings Inc., Cargill Inc., and National Beef Packing Co. It is likely that the increased cost of beef production is already being passed onto consumers. The more expensive it is to raise and maintain cows, and as fewer cows are raised for slaughter, the more expensive beef products will eventually cost. Ground beef and chicken prices have already reached all-time highs.
Quote from: Herman post_id=453927 time=1653786058 user_id=1689
Beef prices are likely to continue rising as U.S. based cattle ranchers continue to shrink the size of their herds.
This move is expected to further constrain U.S. beef production in the coming months, the Wall Street Journal reported. Data from the federal government confirms that rising costs for feed and other expenses are encouraging ranchers to sell to sell calves into feedlots around the country at a faster rate which leaves fewer cattle available for slaughter. It is expected that this will become more pronounced later this year and into 2023.
By 2023, beef production is expected to decline by 7% and cattle prices are expected to increase to record highs. These increased costs and shrinking supply pose serious problems for meatpackers like Tyson Foods Inc., JBS USA holdings Inc., Cargill Inc., and National Beef Packing Co. It is likely that the increased cost of beef production is already being passed onto consumers. The more expensive it is to raise and maintain cows, and as fewer cows are raised for slaughter, the more expensive beef products will eventually cost. Ground beef and chicken prices have already reached all-time highs.
Naive energy policy has had a deleterious affect on farmers and consumers.
They could remove the 24% VAT-tax from gasoline.
70 to 80% of gas-price is taxes and green fees.
Quote from: Odinson post_id=457368 time=1654600218 user_id=136
They could remove the 24% VAT-tax from gasoline.
70 to 80% of gas-price is taxes and green fees.
There has been calls for that in Canada..
Federally, Justin Trudeau raised the carbon tax while Canadians are suffering.
Quote from: Odinson post_id=457368 time=1654600218 user_id=136
They could remove the 24% VAT-tax from gasoline.
70 to 80% of gas-price is taxes and green fees.
Governments loathe lowering taxes especially braod based good eraning ones like consumption taxes. There doesn't need to to be inflation this high. If they dropped fuel taxes and the carbon tax that would trickle through the economy lowering the price of everything. That will not happen.
The price of gas went down in Phoenix!!!!
From $5.39 to $5.37...
Anyone notice how renting movies on Amazon prime has skyrocketed?
Quote from: "Biggie Smiles" post_id=457426 time=1654621519 user_id=3214
Anyone notice how renting movies on Amazon prime has skyrocketed?
We were thinking about Amazon Prime. Maybe we won't.
I wouldn't blame drivers just to fill up their cars and drive off without paying at this point.
The authorities won't be able to do much if everyone starts doing it.
The sheeple are always compliant in the west and the establishment knows this, so they continue pushing their luck and screwing everyone.
Quote from: SCOUSE post_id=457437 time=1654629102 user_id=1728
I wouldn't blame drivers just to fill up their cars and drive off without paying at this point.
The authorities won't be able to do much if everyone starts doing it.
The sheeple are always compliant in the west and the establishment knows this, so they continue pushing their luck and screwing everyone.
Every gas station these days require payment first. Used to be you could fill up and then pay but not anymore.
Quote from: "Oliver Clotheshoffe" post_id=457442 time=1654629953 user_id=3349
Quote from: SCOUSE post_id=457437 time=1654629102 user_id=1728
I wouldn't blame drivers just to fill up their cars and drive off without paying at this point.
The authorities won't be able to do much if everyone starts doing it.
The sheeple are always compliant in the west and the establishment knows this, so they continue pushing their luck and screwing everyone.
Every gas station these days require payment first. Used to be you could fill up and then pay but not anymore.
same here
Quote from: "iron horse jockey" post_id=457430 time=1654624766 user_id=2015
Quote from: "Biggie Smiles" post_id=457426 time=1654621519 user_id=3214
Anyone notice how renting movies on Amazon prime has skyrocketed?
We were thinking about Amazon Prime. Maybe we won't.
Boycott Amazon!
Quote from: cw_ post_id=457448 time=1654630696 user_id=3226
Quote from: "iron horse jockey" post_id=457430 time=1654624766 user_id=2015
Quote from: "Biggie Smiles" post_id=457426 time=1654621519 user_id=3214
Anyone notice how renting movies on Amazon prime has skyrocketed?
We were thinking about Amazon Prime. Maybe we won't.
Boycott Amazon!
It's not my favourite company.
Quote from: "iron horse jockey" post_id=457453 time=1654631501 user_id=2015
Quote from: cw_ post_id=457448 time=1654630696 user_id=3226
Quote from: "iron horse jockey" post_id=457430 time=1654624766 user_id=2015
Quote from: "Biggie Smiles" post_id=457426 time=1654621519 user_id=3214
Anyone notice how renting movies on Amazon prime has skyrocketed?
We were thinking about Amazon Prime. Maybe we won't.
Boycott Amazon!
It's not my favourite company.
But is the picture becoming clearer now as to why companies like Amazon love America hating democrats even though they drone on about raising corporate taxes and taxing the rich?
what ever little extra pennies they are forced to dole out pales in comparison when they get to raise prices by 100 and 200%
not that 1 dimensional idiot libtards would be able to understand how that all works tho
Quote from: "Biggie Smiles" post_id=457454 time=1654631663 user_id=3214
Quote from: "iron horse jockey" post_id=457453 time=1654631501 user_id=2015
Quote from: cw_ post_id=457448 time=1654630696 user_id=3226
Quote from: "iron horse jockey" post_id=457430 time=1654624766 user_id=2015
Quote from: "Biggie Smiles" post_id=457426 time=1654621519 user_id=3214
Anyone notice how renting movies on Amazon prime has skyrocketed?
We were thinking about Amazon Prime. Maybe we won't.
Boycott Amazon!
It's not my favourite company.
But is the picture becoming clearer now as to why companies like Amazon love America hating democrats even though they drone on about raising corporate taxes and taxing the rich?
what ever little extra pennies they are forced to dole out pales in comparison when they get to raise prices by 100 and 200%
not that 1 dimensional idiot libtards would be able to understand how that all works tho
So, the Dems raise their taxes, but gives them more subsidies for things like green energy development.
I used to vote NDP in Canada. It's a socialist party, or they were. Now they are an elitist progressive party that doesn't want to suspend the carbon tax and give workers who commute a break.
Quote from: "Oliver Clotheshoffe" post_id=457442 time=1654629953 user_id=3349
Quote from: SCOUSE post_id=457437 time=1654629102 user_id=1728
I wouldn't blame drivers just to fill up their cars and drive off without paying at this point.
The authorities won't be able to do much if everyone starts doing it.
The sheeple are always compliant in the west and the establishment knows this, so they continue pushing their luck and screwing everyone.
Every gas station these days require payment first. Used to be you could fill up and then pay but not anymore.
You can still do that at some places around here, but yeah a lot are pre-pay with a card.
Quote from: SCOUSE post_id=457465 time=1654632581 user_id=1728
Quote from: "Oliver Clotheshoffe" post_id=457442 time=1654629953 user_id=3349
Quote from: SCOUSE post_id=457437 time=1654629102 user_id=1728
I wouldn't blame drivers just to fill up their cars and drive off without paying at this point.
The authorities won't be able to do much if everyone starts doing it.
The sheeple are always compliant in the west and the establishment knows this, so they continue pushing their luck and screwing everyone.
Every gas station these days require payment first. Used to be you could fill up and then pay but not anymore.
You can still do that at some places around here, but yeah a lot are pre-pay with a card.
Some provinces in Canada have laws requiring payment first.
The U.S. annual inflation rate surged to 8.6 percent in May, topping the market estimate of 8.3 percent.
Quote from: "iron horse jockey" post_id=457472 time=1654633297 user_id=2015
Quote from: SCOUSE post_id=457465 time=1654632581 user_id=1728
You can still do that at some places around here, but yeah a lot are pre-pay with a card.
Some provinces in Canada have laws requiring payment first.
The reason it was done here in B.C. was some gas station attendant went to stop a gas and dash ant got dragged under the car for over 15 kilometers alive and screaming then died of his injuries.
Quote from: weebles post_id=458948 time=1654970861 user_id=2191
Quote from: "iron horse jockey" post_id=457472 time=1654633297 user_id=2015
Some provinces in Canada have laws requiring payment first.
The reason it was done here in B.C. was some gas station attendant went to stop a gas and dash ant got dragged under the car for over 15 kilometers alive and screaming then died of his injuries.
We had a similar incident in Alberta.
Quote from: Fashionista post_id=458951 time=1654971950 user_id=3254
Quote from: weebles post_id=458948 time=1654970861 user_id=2191
The reason it was done here in B.C. was some gas station attendant went to stop a gas and dash ant got dragged under the car for over 15 kilometers alive and screaming then died of his injuries.
We had a similar incident in Alberta.
That has got to a horrible way to go... Hope the person who did it got charged with murder in the first degree.
Quote from: weebles post_id=458953 time=1654972525 user_id=2191
Quote from: Fashionista post_id=458951 time=1654971950 user_id=3254
We had a similar incident in Alberta.
That has got to a horrible way to go... Hope the person who did it got charged with murder in the first degree.
Manslaughter I believe.
Quote from: weebles post_id=458948 time=1654970861 user_id=2191
Quote from: "iron horse jockey" post_id=457472 time=1654633297 user_id=2015
Some provinces in Canada have laws requiring payment first.
The reason it was done here in B.C. was some gas station attendant went to stop a gas and dash ant got dragged under the car for over 15 kilometers alive and screaming then died of his injuries.
He probably grabbed on to the vehicle and got his clothes caught. That is dumb move.
Quote from: weebles post_id=458948 time=1654970861 user_id=2191
Quote from: "iron horse jockey" post_id=457472 time=1654633297 user_id=2015
Some provinces in Canada have laws requiring payment first.
The reason it was done here in B.C. was some gas station attendant went to stop a gas and dash ant got dragged under the car for over 15 kilometers alive and screaming then died of his injuries.
Too bad this wasnt in Florida. The station attendant would have blasted him to death. Problem solved.
Quote from: Lokmar post_id=459068 time=1654996588 user_id=3351
Quote from: weebles post_id=458948 time=1654970861 user_id=2191
The reason it was done here in B.C. was some gas station attendant went to stop a gas and dash ant got dragged under the car for over 15 kilometers alive and screaming then died of his injuries.
Too bad this wasnt in Florida. The station attendant would have blasted him to death. Problem solved.
That would not happen in Florida.
Canadian inflation currently stands at 6.8 per cent. This means that the loonie is losing nearly seven cents of purchasing power every 12 months. For a Canadian earning a median income of $55,700 per year, that translates to an annual inflationary loss of $3,787.60.
Quote from: seoulbro post_id=460042 time=1655393442 user_id=114
Canadian inflation currently stands at 6.8 per cent. This means that the loonie is losing nearly seven cents of purchasing power every 12 months. For a Canadian earning a median income of $55,700 per year, that translates to an annual inflationary loss of $3,787.60.
Some things have increased a lot more than that. Gasoline and meat for example.
Quote from: "iron horse jockey" post_id=460050 time=1655396538 user_id=2015
Quote from: seoulbro post_id=460042 time=1655393442 user_id=114
Canadian inflation currently stands at 6.8 per cent. This means that the loonie is losing nearly seven cents of purchasing power every 12 months. For a Canadian earning a median income of $55,700 per year, that translates to an annual inflationary loss of $3,787.60.
Some things have increased a lot more than that. Gasoline and meat for example.
Importers of industrial parts from Asia, have seen prices soar.

(//%3C/s%3E%3CURL%20url=%22https://scontent-sea1-1.xx.fbcdn.net/v/t39.30808-6/289074235_10166405189350607_2407001151021263547_n.jpg?stp=dst-jpg_p843x403&_nc_cat=105&ccb=1-7&_nc_sid=8bfeb9&_nc_ohc=bksmHDbD5LgAX_Oa5lx&tn=B4U_O7zo_8JCzqtw&_nc_ht=scontent-sea1-1.xx&oh=00_AT_rdFMx5JH7dVesTHL7js9MCHnlp953qgtsCR_S3uQw2g&oe=62B1F014%22%3E%3CLINK_TEXT%20text=%22https://scontent-sea1-1.xx.fbcdn.net/v/%20...%20e=62B1F014%22%3Ehttps://scontent-sea1-1.xx.fbcdn.net/v/t39.30808-6/289074235_10166405189350607_2407001151021263547_n.jpg?stp=dst-jpg_p843x403&_nc_cat=105&ccb=1-7&_nc_sid=8bfeb9&_nc_ohc=bksmHDbD5LgAX_Oa5lx&tn=B4U_O7zo_8JCzqtw&_nc_ht=scontent-sea1-1.xx&oh=00_AT_rdFMx5JH7dVesTHL7js9MCHnlp953qgtsCR_S3uQw2g&oe=62B1F014%3C/LINK_TEXT%3E%3C/URL%3E%3Ce%3E)
Americans hammered by rising inflation should brace for the economy to become even more precarious, an economist has warned. Inflation comes in several stages, and based on historical precedent, the next one the United States is facing won't be pretty, he said.
Inflation has been ramping up for more than a year after gigantic government spending during the COVID-19 pandemic led the Federal Reserve to print trillions more dollars. Consumer prices rose 8.6 percent year-over-year in May, with prices of some necessities, such as gasoline, housing, and food, rising particularly sharply.
Americans are now quickly realizing the economic consequences. This is stage two, with stages three and four still expected to come, according to Ross McKitrick, a professor of economics at the University of Guelph in Ontario.
'Money Illusion'
The first stage of inflation happens when newly printed money enters the economy.
"It's at that first stage where you have the money illusion. Which means people think they have more money than they do," he said, noting that this leads people to spend more, creating a brief economic boom.
"But they don't actually have more money than when they started. What they have is a dilution of the money supply," McKitrick told The Epoch Times.
Such a dilution, however, doesn't hit everybody the same.
"There's an advantage in being early in there because if you've got that stimulus check early, you went out and you could do purchases when other prices are still low," he said. "A month later, those prices may be up. At this point, of course, the same check has a lot less purchasing power, but so does all your other money."
According to McKitrick, if people could correctly anticipate how much less their money would be worth because of the inflation of the money supply, they would think twice about how much they could actually afford. Unfortunately, people typically only come to that conclusion in retrospect, after prices have already increased.
"At that point, you might look at it and realize, 'OK, I wouldn't have bought that car if I knew what was coming,'" he said.
Reality Sets In
When people realize how much less they can afford at the new prices, that's where expectations come into play. Is this going to be a one-off thing? Will prices go back down again?
"People can cope with a lot of things temporarily. If you think, 'OK, the price of gas jumped and it will be high for a month or two, and then it will go back to normal,' nobody's going to change their behavior in response to that," McKitrick said.
"But we're now at a point where people are realizing, 'OK, the price of gasoline and diesel has doubled ... and I don't see a relief on the horizon,' and then 'I actually have to start making business decisions here.'"
At this point, people start to cut back on their expenses.
"So that's the stage that we're at," he said.
'Hard Bargaining'
"The next stage in this inflationary process happens when labor markets begin to adjust," McKitrick said.
"So right now, you have a lot of workers who've effectively taken a 10 percent pay cut. And they're not just going to capitulate to that," he said. "They're going to now go to their employers and demand some relief in the form of higher wages, and the response of the employers is going to be to resist that because all their input costs have gone up and they don't feel like they've got a 10 percent increase in their budget to hand over.
"And both sides in effect have a genuine case to make that this is not new money, these are not larger profit margins—workers have lost purchasing power."
He would expect some "strike action and very tough bargaining" on the horizon.
"If that kind of wage settlement process gets calibrated to the inflation rate, then that becomes a new driver of price increases" called "wage-price spiral," he said.
Similar to the inflation in the 1970s, as long as people expect inflation and manage to get a pay raise to keep up with it, the inflation won't go away, as the payroll cost needs to get baked into the price of the final product.
"You never get rid of inflation as long as people expect inflation to be there," McKitrick said.
Pay Cut
The fourth stage ensues when the business and labor finally bury the hatchet.
"What you're looking for in that whole process is who's going to capitulate?" McKitrick said.
"Ultimately ... if you have a permanent increase in price level by 10 or 20 percent, by the time it's over, somebody's got to capitulate and just accept that as a pay cut. The phase that we're going into now will be that hard bargaining over who's going to capitulate."
https://www.theepochtimes.com/next-stage-of-inflation-incoming-economist-says_4551124.html?utm_source=morningbriefnoe-nonai&utm_campaign=mb-2022-06-23-nonai&utm_medium=email&est=BXMGryPNcDd46X1BdspXC1LGOwtkuO1L3guJTIjxXOL8F8GIymrgz%2Bu9bToV87gqeA%3D%3D
The four stages of inflation. We are really going to pay for lockdowns and printing money as a response to COVID.
Quote from: seoulbro post_id=460962 time=1655985699 user_id=114
Americans hammered by rising inflation should brace for the economy to become even more precarious, an economist has warned. Inflation comes in several stages, and based on historical precedent, the next one the United States is facing won't be pretty, he said.
Inflation has been ramping up for more than a year after gigantic government spending during the COVID-19 pandemic led the Federal Reserve to print trillions more dollars. Consumer prices rose 8.6 percent year-over-year in May, with prices of some necessities, such as gasoline, housing, and food, rising particularly sharply.
Americans are now quickly realizing the economic consequences. This is stage two, with stages three and four still expected to come, according to Ross McKitrick, a professor of economics at the University of Guelph in Ontario.
'Money Illusion'
The first stage of inflation happens when newly printed money enters the economy.
"It's at that first stage where you have the money illusion. Which means people think they have more money than they do," he said, noting that this leads people to spend more, creating a brief economic boom.
"But they don't actually have more money than when they started. What they have is a dilution of the money supply," McKitrick told The Epoch Times.
Such a dilution, however, doesn't hit everybody the same.
"There's an advantage in being early in there because if you've got that stimulus check early, you went out and you could do purchases when other prices are still low," he said. "A month later, those prices may be up. At this point, of course, the same check has a lot less purchasing power, but so does all your other money."
According to McKitrick, if people could correctly anticipate how much less their money would be worth because of the inflation of the money supply, they would think twice about how much they could actually afford. Unfortunately, people typically only come to that conclusion in retrospect, after prices have already increased.
"At that point, you might look at it and realize, 'OK, I wouldn't have bought that car if I knew what was coming,'" he said.
Reality Sets In
When people realize how much less they can afford at the new prices, that's where expectations come into play. Is this going to be a one-off thing? Will prices go back down again?
"People can cope with a lot of things temporarily. If you think, 'OK, the price of gas jumped and it will be high for a month or two, and then it will go back to normal,' nobody's going to change their behavior in response to that," McKitrick said.
"But we're now at a point where people are realizing, 'OK, the price of gasoline and diesel has doubled ... and I don't see a relief on the horizon,' and then 'I actually have to start making business decisions here.'"
At this point, people start to cut back on their expenses.
"So that's the stage that we're at," he said.
'Hard Bargaining'
"The next stage in this inflationary process happens when labor markets begin to adjust," McKitrick said.
"So right now, you have a lot of workers who've effectively taken a 10 percent pay cut. And they're not just going to capitulate to that," he said. "They're going to now go to their employers and demand some relief in the form of higher wages, and the response of the employers is going to be to resist that because all their input costs have gone up and they don't feel like they've got a 10 percent increase in their budget to hand over.
"And both sides in effect have a genuine case to make that this is not new money, these are not larger profit margins—workers have lost purchasing power."
He would expect some "strike action and very tough bargaining" on the horizon.
"If that kind of wage settlement process gets calibrated to the inflation rate, then that becomes a new driver of price increases" called "wage-price spiral," he said.
Similar to the inflation in the 1970s, as long as people expect inflation and manage to get a pay raise to keep up with it, the inflation won't go away, as the payroll cost needs to get baked into the price of the final product.
"You never get rid of inflation as long as people expect inflation to be there," McKitrick said.
Pay Cut
The fourth stage ensues when the business and labor finally bury the hatchet.
"What you're looking for in that whole process is who's going to capitulate?" McKitrick said.
"Ultimately ... if you have a permanent increase in price level by 10 or 20 percent, by the time it's over, somebody's got to capitulate and just accept that as a pay cut. The phase that we're going into now will be that hard bargaining over who's going to capitulate."
https://www.theepochtimes.com/next-stage-of-inflation-incoming-economist-says_4551124.html?utm_source=morningbriefnoe-nonai&utm_campaign=mb-2022-06-23-nonai&utm_medium=email&est=BXMGryPNcDd46X1BdspXC1LGOwtkuO1L3guJTIjxXOL8F8GIymrgz%2Bu9bToV87gqeA%3D%3D
The four stages of inflation. We are really going to pay for lockdowns and printing money as a response to COVID.
That's a lot to skim Seoul..
The takeaway I'm getting is that it's not over and it will get worse before it gets better.
My boy Pierre. :thumbup:
https://www.youtube.com/watch?v=GFovS79TDa4
Canadian food suppliers are once again issuing notices to grocery retailers informing them of upcoming price hikes.
In some cases, the higher prices are due to the Canadian Dairy Commission's approval of a second milk price increase this year. Farm gate milk prices are set to go up about two cents per litre, or 2.5 per cent, on Sept. 1.
Lactalis Canada, for example, said in a letter to customers it must implement an average national market increase of five per cent this September, a rate it said that takes into account the CDC pricing increase as well as "significant inflationary costs" the company is facing.
Arla Foods Canada issued a similar notice, saying price increases on its products coming this September reflect higher milk ingredient costs and the "inflationary impacts across freight and packaging."
Saputo Dairy Products Canada also said it would implement price increases in the five per cent range, depending on the category.
"Producers have faced increased production costs as well as rising feed, energy and fertilizer costs, which have had a significant impact on this year's farm gate milk price adjustment," Saputo said in a letter to its retail customers.
Wheat prices rose on July 25, days after Russian forces struck the southern Ukrainian port of Odesa.
Chicago wheat futures surged by as much as 4.6 percent before paring the gain to trade 3.1 percent higher at $7.82 1/4 per bushel by 3:21 p.m. in Singapore.
Corn futures rose by as much as 2.8 percent on July 25 before the gain eased to 1.4 percent, while soybeans were up by just 0.3 percent.
Hopefully, my father in law who farms rakes in the cash!!!!
A bunch of states in the US are sending out cheques to cope with inflation.
These state-level stimulus checks and tax refunds come after the federal government pumped in billions of dollars in the form of COVID-19 relief assistance in the past years. According to Christina Herrin from the nonprofit Citizens Against Government Waste (CAGW), stimulus checks by states are a "fruitless attempt to combat inflation."
And they print up even more money to pay for the stimulus checks which will make inflation even worse. But the inflation won't hit until after the election so hey give them more free money so they vote for us in the meantime. Let them deal with five dollars a loaf afterwards.
Quote from: "Oliver Clotheshoffe" post_id=471480 time=1660786155 user_id=3349
And they print up even more money to pay for the stimulus checks which will make inflation even worse. But the inflation won't hit until after the election so hey give them more free money so they vote for us in the meantime. Let them deal with five dollars a loaf afterwards.
Printing money across developed countries created inflation. Justine wants to fight inflation with the same shit that caused it. Progs are nuts.
Quote from: Herman post_id=471479 time=1660785975 user_id=1689
A bunch of states in the US are sending out cheques to cope with inflation.
These state-level stimulus checks and tax refunds come after the federal government pumped in billions of dollars in the form of COVID-19 relief assistance in the past years. According to Christina Herrin from the nonprofit Citizens Against Government Waste (CAGW), stimulus checks by states are a "fruitless attempt to combat inflation."
dumb, dumb, dumb idea
Owning and operating a new vehicle has become increasingly more expensive over the past year, driven predominantly by inflation and rising fuel prices, according to AAA's annual "Your Driving Costs" report.
The overall average cost to own and operate a new automobile in 2022 is $10,728 on an annual basis, or $894 per month; that's a considerable increase from 2021, when owning a new car cost $9,666 annually, or $805.50 per month, according to AAA.
That marks a nearly 11 percent increase from last year.
Quote from: Lokmar post_id=466879 time=1658878893 user_id=3351
Hopefully, my father in law who farms rakes in the cash!!!!
Does he grow wheat or sunflowers? Also, his costs probably went way up due to fuel and fertilizer cost increases.
The median price of a new car now over $48,000.
https://www.prnewswire.com/news-releases/new-vehicle-prices-set-record-in-july-2022-according-to-kelley-blue-book-as-inventory-improves-year-over-year-and-luxury-share-remains-elevated-301603225.html
Quote from: Oerdin post_id=471780 time=1660934616 user_id=3374
The median price of a new car now over $48,000.
https://www.prnewswire.com/news-releases/new-vehicle-prices-set-record-in-july-2022-according-to-kelley-blue-book-as-inventory-improves-year-over-year-and-luxury-share-remains-elevated-301603225.html
We didn't pay that much for my Sentra.
Quote from: Oerdin post_id=471779 time=1660934413 user_id=3374
Quote from: Lokmar post_id=466879 time=1658878893 user_id=3351
Hopefully, my father in law who farms rakes in the cash!!!!
Does he grow wheat or sunflowers? Also, his costs probably went way up due to fuel and fertilizer cost increases.
Corn and soybeans. He's stored a bunch of corn and he sold high. I dont know about the beans. Anhydrous ammonia has doubled.
Quote from: Oerdin post_id=471779 time=1660934413 user_id=3374
Quote from: Lokmar post_id=466879 time=1658878893 user_id=3351
Hopefully, my father in law who farms rakes in the cash!!!!
Does he grow wheat or sunflowers? Also, his costs probably went way up due to fuel and fertilizer cost increases.
Herman has a farm. I don't know what he grows or raises. He said his costs are soaring.
69 per cent expect higher prices for school supplies/books due to supply chain issues.
Quote from: Brent post_id=474008 time=1662151572
69 per cent expect higher prices for school supplies/books due to supply chain issues.
I'm sure of it.
This is an irresponsible vote buying gimmick that exacerbates insflation.
Millions of dollars in child tax relief checks will soon be distributed across New York state in the coming weeks, Gov. Kathy Hochul's office announced.
Her office said the checks will arrive by the end of October, coming just days before the midterm elections. The Democrat governor is up for reelection against GOP challenger Rep. Lee Zeldin (R-N.Y.).
The governor's office claimed the new payments are part of an "ongoing effort to combat inflation and improve affordability" although some critics have said that stimulus checks will likely exacerbate inflation, which is running at near-historic highs. Data released by the federal government shows the Consumer Price Index remained high at 8.5 percent year-over-year in July, while it hit 9.1 percent in June.
The U.S. inflation rate cooled slightly to 8.3 per cent last month, down for the second month in a row after hitting a 40-year high of 9.1 per cent in June, the U.S. Bureau of Labour Statistics reported.
While the decline was expected, it didn't go down by as much as economists thought it would, and that's largely because the price of many goods and services continues to increase at a breathtaking pace.
Food prices have increased by 11.4 per cent in the past 12 months. That's the fastest pace of increase for that category since 1979.
And while gasoline prices have come down steadily for 10 weeks in a row after spiking in the early days of the conflict in Ukraine, energy costs are still sharply higher than what they were this time last year.
Quote from: seoulbro post_id=474824 time=1663079872
The U.S. inflation rate cooled slightly to 8.3 per cent last month, down for the second month in a row after hitting a 40-year high of 9.1 per cent in June, the U.S. Bureau of Labour Statistics reported.
While the decline was expected, it didn't go down by as much as economists thought it would, and that's largely because the price of many goods and services continues to increase at a breathtaking pace.
Food prices have increased by 11.4 per cent in the past 12 months. That's the fastest pace of increase for that category since 1979.
And while gasoline prices have come down steadily for 10 weeks in a row after spiking in the early days of the conflict in Ukraine, energy costs are still sharply higher than what they were this time last year.
Gasoline is cheaper in Canada, but nothing else is.
White House press secretary Karine Jean-Pierre was tripped up Tuesday over how the Inflation Reduction Act will accomplish inflation reduction.
Earlier in the day, the Bureau of Labor Statistics published the consumer price index for August, showing a 0.1% inflation increase from July, a worrying sign, especially amid dropping gas prices. The figures showed inflation grew 8.3% year over year.
Even worse, so-called "core inflation" — which excludes food and energy costs — grew 0.6% from July.
"What exactly would the Inflation Reduction Act do to reduce inflation in the short term?" the reporter asked.
The lay-up question, however, proved difficult for Jean-Pierre, who stumbled and was unable to give a substantive answer.
Quote from: Fashionista post_id=474829 time=1663083273 user_id=3254
Quote from: seoulbro post_id=474824 time=1663079872
The U.S. inflation rate cooled slightly to 8.3 per cent last month, down for the second month in a row after hitting a 40-year high of 9.1 per cent in June, the U.S. Bureau of Labour Statistics reported.
While the decline was expected, it didn't go down by as much as economists thought it would, and that's largely because the price of many goods and services continues to increase at a breathtaking pace.
Food prices have increased by 11.4 per cent in the past 12 months. That's the fastest pace of increase for that category since 1979.
And while gasoline prices have come down steadily for 10 weeks in a row after spiking in the early days of the conflict in Ukraine, energy costs are still sharply higher than what they were this time last year.
Gasoline is cheaper in Canada, but nothing else is.
If you can fill up your tank and multiple jerry cans for a super extended drive away from any population centres, it will be the best and cheapest investment you've ever made.
Quote from: Herman post_id=471484 time=1660786454 user_id=1689
Quote from: "Oliver Clotheshoffe" post_id=471480 time=1660786155 user_id=3349
And they print up even more money to pay for the stimulus checks which will make inflation even worse. But the inflation won't hit until after the election so hey give them more free money so they vote for us in the meantime. Let them deal with five dollars a loaf afterwards.
Printing money across developed countries created inflation. Justine wants to fight inflation with the same shit that caused it. Progs are nuts.
Dems have done the exact same horse shit here.
Quote from: Oerdin post_id=474916 time=1663228030 user_id=3374
Quote from: Herman post_id=471484 time=1660786454 user_id=1689
Printing money across developed countries created inflation. Justine wants to fight inflation with the same shit that caused it. Progs are nuts.
Dems have done the exact same horse shit here.
I saw on the news that our prime minister is proposing more spending to help Canadians cope with inflation.
Quote from: "Dinky Dazza" post_id=474911 time=1663223904 user_id=1676
Quote from: Fashionista post_id=474829 time=1663083273 user_id=3254
Gasoline is cheaper in Canada, but nothing else is.
If you can fill up your tank and multiple jerry cans for a super extended drive away from any population centres, it will be the best and cheapest investment you've ever made.
Where would we go?
Quote from: Fashionista post_id=474917 time=1663249989 user_id=3254
Quote from: Oerdin post_id=474916 time=1663228030 user_id=3374
Dems have done the exact same horse shit here.
I saw on the news that our prime minister is proposing more spending to help Canadians cope with inflation.
Pierre Pollivere correctly described what Trudeau will do as pouring gasoline on a roaring fire.
The chairman and CEO of energy company Chevron has warned Americans to brace for price increases in natural gas this winter.
CEO Mike Wirth made the comments in an interview with CNN on Sept. 13 in which he warned consumers that "there's certainly a risk that costs will go up" when it comes to natural gas.
"Prices already are very high relative to history and relative to the rest of the world. We're already seeing this impact being felt in the European economy and I do think it's likely that Europe goes into a recession," Wirth said.
Quote from: seoulbro post_id=474922 time=1663253539
The chairman and CEO of energy company Chevron has warned Americans to brace for price increases in natural gas this winter.
CEO Mike Wirth made the comments in an interview with CNN on Sept. 13 in which he warned consumers that "there's certainly a risk that costs will go up" when it comes to natural gas.
"Prices already are very high relative to history and relative to the rest of the world. We're already seeing this impact being felt in the European economy and I do think it's likely that Europe goes into a recession," Wirth said.
We heat our home with natural gas......our electricity is powered by a natural gas plant.
Quote from: seoulbro post_id=474921 time=1663253330
Quote from: Fashionista post_id=474917 time=1663249989 user_id=3254
I saw on the news that our prime minister is proposing more spending to help Canadians cope with inflation.
Pierre Pollivere correctly described what Trudeau will do as pouring gasoline on a roaring fire.
That isn't even up for debate.
Quote from: Fashionista post_id=474930 time=1663256791 user_id=3254
Quote from: seoulbro post_id=474922 time=1663253539
The chairman and CEO of energy company Chevron has warned Americans to brace for price increases in natural gas this winter.
CEO Mike Wirth made the comments in an interview with CNN on Sept. 13 in which he warned consumers that "there's certainly a risk that costs will go up" when it comes to natural gas.
"Prices already are very high relative to history and relative to the rest of the world. We're already seeing this impact being felt in the European economy and I do think it's likely that Europe goes into a recession," Wirth said.
We heat our home with natural gas......our electricity is powered by a natural gas plant.
You might want to extra insulate your unnecessary pipes this winter and drain them before the freeze happens.... then start getting it from one main tap.
Quote from: "Dinky Dazza" post_id=474949 time=1663318354 user_id=1676
Quote from: Fashionista post_id=474930 time=1663256791 user_id=3254
We heat our home with natural gas......our electricity is powered by a natural gas plant.
You might want to extra insulate your unnecessary pipes this winter and drain them before the freeze happens.... then start getting it from one main tap.
Freeze what pipes? Water pipes?
Quote from: Fashionista post_id=474955 time=1663336506 user_id=3254
Quote from: "Dinky Dazza" post_id=474949 time=1663318354 user_id=1676
You might want to extra insulate your unnecessary pipes this winter and drain them before the freeze happens.... then start getting it from one main tap.
Freeze what pipes? Water pipes?
Yes....
When heating becomes too expensive for a whole home.
Quote from: "Dinky Dazza" post_id=474969 time=1663358395 user_id=1676
Quote from: Fashionista post_id=474955 time=1663336506 user_id=3254
Freeze what pipes? Water pipes?
Yes....
When heating becomes too expensive for a whole home.
Where I live, they're not allowed to shut off heat to an occupied home in the winter.
Quote from: Fashionista post_id=474971 time=1663358716 user_id=3254
Quote from: "Dinky Dazza" post_id=474969 time=1663358395 user_id=1676
Yes....
When heating becomes too expensive for a whole home.
Where I live, they're not allowed to shut off heat to an occupied home in the winter.
But they can jack the prices up and put people in debt.
Quote from: "Dinky Dazza" post_id=474972 time=1663360653 user_id=1676
Quote from: Fashionista post_id=474971 time=1663358716 user_id=3254
Where I live, they're not allowed to shut off heat to an occupied home in the winter.
But they can jack the prices up and put people in debt.
If the prices get too high and the occupant can't pay, the municipality assumes the cost.
I was at the grocery store a couple days ago and got a package of sliced cheese. I was happy to see it was still the same price and the same number of slices. Later on I was making a burger and got a slice to put on top and that's when I noticed it was much thinner than it used to be. So thin that it started melting 30 seconds after putting it on the burger in the frying pan when it used to take a good two minutes before it started melting.
There's a lot of inflation we're being hit with that we're probably not even noticing.
Quote from: "Oliver Clotheshoffe" post_id=474974 time=1663363133 user_id=3349
I was at the grocery store a couple days ago and got a package of sliced cheese. I was happy to see it was still the same price and the same number of slices. Later on I was making a burger and got a slice to put on top and that's when I noticed it was much thinner than it used to be. So thin that it started melting 30 seconds after putting it on the burger in the frying pan when it used to take a good two minutes before it started melting.
There's a lot of inflation we're being hit with that we're probably not even noticing.
I don't buy cheese slices, but I've noticed deceptive packaging in products as a result of inflation.
It's called shrinkflation.
It has increased exponentially.
You have to shop by weight (kilos or grams) or you're paying through the nose.
Quote from: "Dinky Dazza" post_id=474978 time=1663371201 user_id=1676
It's called shrinkflation.
It has increased exponentially.
You have to shop by weight (kilos or grams) or you're paying through the nose.
It's more common now than ever.
The price goes up abruptly while the portions or weight gets reduced in bits most won't notice.
You have to shop around hitting sales to not get bent over.
Quote from: Fashionista post_id=474980 time=1663389323 user_id=3254
Quote from: "Dinky Dazza" post_id=474978 time=1663371201 user_id=1676
It's called shrinkflation.
It has increased exponentially.
You have to shop by weight (kilos or grams) or you're paying through the nose.
It's more common now than ever.
I wouldn't say that.
Quote from: Herman post_id=474984 time=1663393971 user_id=1689
Quote from: Fashionista post_id=474980 time=1663389323 user_id=3254
It's more common now than ever.
I wouldn't say that.
It is around here.
But I do the online shopping for myself and my family down south, so I may be more aware of the tricks grocery chains are pulling under the surface.... plus I spent 8 years working for one of their DC's...
They're pretty devious....
Quote from: Herman post_id=474984 time=1663393971 user_id=1689
Quote from: Fashionista post_id=474980 time=1663389323 user_id=3254
It's more common now than ever.
I wouldn't say that.
Do you mean it's not common at all or not more common now?
Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans' purchasing power, pointing out in stark terms that $1 at the start of the Biden administration is now effectively worth just 88.3 cents.
https://i.imgur.com/XlVgVyDm.jpg[/img]
FedEx announced late Thursday that it will implement the largest general rate increase (GRI) in its history in 2023.
The company announced it will increase the GRI by an average of 6.9 percent next year, which would be the largest year-over-year increase in its history.
"FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9%," the company stated. The increase will range between 6.9 percent and 7.9 percent for FedEx Freight, depending "on the customer's transportation rate scale."
Michael C. Lenz, FedEx Corp. executive vice president and chief financial officer, said, "I am confident the cost actions we're implementing with urgency will enhance efficiency and drive improved profitability in support of our long-term financial targets."
https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/
Quote from: "Oliver Clotheshoffe" post_id=475422 time=1663976532 user_id=3349
https://i.imgur.com/XlVgVyDm.jpg[/img]
FedEx announced late Thursday that it will implement the largest general rate increase (GRI) in its history in 2023.
The company announced it will increase the GRI by an average of 6.9 percent next year, which would be the largest year-over-year increase in its history.
"FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9%," the company stated. The increase will range between 6.9 percent and 7.9 percent for FedEx Freight, depending "on the customer's transportation rate scale."
Michael C. Lenz, FedEx Corp. executive vice president and chief financial officer, said, "I am confident the cost actions we're implementing with urgency will enhance efficiency and drive improved profitability in support of our long-term financial targets."
https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/
I send gifts to other cities, but not by FedEx..
I better do it soon, their competition will follow their lead.
Quote from: Fashionista post_id=475424 time=1663976862 user_id=3254
Quote from: "Oliver Clotheshoffe" post_id=475422 time=1663976532 user_id=3349
https://i.imgur.com/XlVgVyDm.jpg[/img]
FedEx announced late Thursday that it will implement the largest general rate increase (GRI) in its history in 2023.
The company announced it will increase the GRI by an average of 6.9 percent next year, which would be the largest year-over-year increase in its history.
"FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9%," the company stated. The increase will range between 6.9 percent and 7.9 percent for FedEx Freight, depending "on the customer's transportation rate scale."
Michael C. Lenz, FedEx Corp. executive vice president and chief financial officer, said, "I am confident the cost actions we're implementing with urgency will enhance efficiency and drive improved profitability in support of our long-term financial targets."
https://www.breitbart.com/economy/2022/09/23/bidenflation-fedex-announces-largest-rate-increase-history/
I send gifts to other cities, but not by FedEx..
I better do it soon, their competition will follow their lead.
Unless the gifts are heirloom seeds, water filters, LPG or butane cooking/heating implements, you'd be best served sending nothing elsewhere.
Quote from: "Dinky Dazza" post_id=475455 time=1664020868 user_id=1676
Quote from: Fashionista post_id=475424 time=1663976862 user_id=3254
I send gifts to other cities, but not by FedEx..
I better do it soon, their competition will follow their lead.
Unless the gifts are heirloom seeds, water filters, LPG or butane cooking/heating implements, you'd be best served sending nothing elsewhere.
I think they'd find those rather odd gifts.
Quote from: Fashionista post_id=475460 time=1664033896 user_id=3254
Quote from: "Dinky Dazza" post_id=475455 time=1664020868 user_id=1676
Unless the gifts are heirloom seeds, water filters, LPG or butane cooking/heating implements, you'd be best served sending nothing elsewhere.
I think they'd find those rather odd gifts.

(//%3C/s%3E%3CURL%20url=%22https://i.postimg.cc/Y0ZxTkSB/20220922-184843.jpg%22%3Ehttps://i.postimg.cc/Y0ZxTkSB/20220922-184843.jpg%3C/URL%3E%3Ce%3E)
Quote from: seoulbro post_id=444381 time=1648047264
Quote from: "Oliver Clotheshoffe" post_id=444380 time=1648046998 user_id=3349
http://i.imgur.com/jZvmXnM.gif[/img]
New data from the National Association of Home Builders finds that about three in four households in Arizona would struggle financially to purchase a median priced home in the state.
At the time of the study in February 2022, a median-valued home in the state was priced at $464,413. An Arizona household would need an annual income of $102,987 to afford that. Nearly three-quarters of households are under that annual income, estimated to be 738,906 households out of 2,846,208.
The study also shows that interest rates play a big role on who is priced out. At the current rates of about 3.5%, households need an income of just under $100,000 to buy that median-valued US home. A one-point increase in the rates change the recommended income to $108,782. A two-point increase and the necessary household income goes to $118,878.
https://www.abc15.com/news/local-news/74-of-arizona-households-are-priced-out-of-az-homes
In 2011, when Stephen Harper was prime minister and Brack Obama president, the CDN dollar was worth more than the greenback. Canadians were taking advantage of bargains in states like Arizona to buy second homes.
I bought several condos then and rented them out until the market rebounded and the American dollar was higher. I made a killing.
I went out for dinner at a local BBQ restaurant chain here in San Diego. The price was $94 with tax and tip included for a dinner for four. 2 of their pork spare rib special (just five little ribs, slaw, and fries), 1 cheeseburger, a quarter chicken special (1/4th of a small chicken with beans and a baked potato), an order of onion rings,, and four fountain drinks. Prices are fucked here in California.
A basic Burger King Whopper meal (cheeseburger, medium fries, medium drink) is $14. The youngest is whining that I am taking him out to eat less often.
Lunch carts or containers (20 foot shipping containers converted to do greasy fry ups and offer cold drinks) in my very remote rural area atm are charging 14 bucks for a chicken burger or hamburger, and another 5 bucks for a small serve of hot chips and a can of soft drink during lunch times.
It's all pre frozen patties and frankenchicken too.... a couple of years ago, that sort of fare would go for no more than 14 bucks in total.....especially in a rural town or city.... yet the wages have been stagnate for nearly a decade.
Australian hospitality has always taken advantage of patrons when they could.... but in this fucked age, they're boxing our ears with two slices of stale Wonderbread while rubbing their crotches in our faces and calling it escargot....
I mostly cook what I want for myself now. Fuck them.
Quote from: Edward post_id=476036 time=1664955445
Quote from: seoulbro post_id=444381 time=1648047264
In 2011, when Stephen Harper was prime minister and Brack Obama president, the CDN dollar was worth more than the greenback. Canadians were taking advantage of bargains in states like Arizona to buy second homes.
I bought several condos then and rented them out until the market rebounded and the American dollar was higher. I made a killing.
I also have three rental homes. Well, town homes. I am hoping prices decline during the current Biden recession so I can pick up one or maybe two more.
Quote from: Oerdin post_id=476039 time=1664957105 user_id=3374
I went out for dinner at a local BBQ restaurant chain here in San Diego. The price was $94 with tax and tip included for a dinner for four. 2 of their pork spare rib special (just five little ribs, slaw, and fries), 1 cheeseburger, a quarter chicken special (1/4th of a small chicken with beans and a baked potato), an order of onion rings,, and four fountain drinks. Prices are fucked here in California.
A basic Burger King Whopper meal (cheeseburger, medium fries, medium drink) is $14. The youngest is whining that I am taking him out to eat less often.
That is steep.
The next morning I woke up and was excited about the thought of eating left over BBQ. Unfortunately, both of the boys had gotten up around midnight and had polished off all the left overs between them. I had to settle on cereal and it just wasn't the same. :(
Biden doubles down on stupid and releases milllions of barrels from the Strategic Petroleum Reserve(SPR). Right before ands election too. Imagine that.
Argentina has hit the 100% mark inflation in less than a year
Seems to be the "new normal" in Latin America
Vote for the left, vote for inflation
Now it's Colombia going the same way
Quote from: Rancidmilko post_id=478079 time=1666537904 user_id=2853
Argentina has hit the 100% mark inflation in less than a year
Seems to be the "new normal" in Latin America
Vote for the left, vote for inflation
Now it's Colombia going the same way
Argentina used to be a very wealthy nation. Colombia's former conservative president had his country on the right track. I believe money from outside the region is getting marxists elected in South America.
So I went to the grocery store after work today, prices up on everything. A can of soup is $2.50, a dozen eggs are $5.39, etc etc...
Then I got to the checkout line. Took a glance at the candy bars above the conveyor and saw a Hershey chocolate bar. You know, the regular plain old Hershey chocolate bar, no almonds, not super size or anything, just the regular size one. $2.39... Two dollars and thirty nine cents for a plain old regular size Hershey chocolate bar. The same one I used to buy for a quarter.
This is getting ridiculous.
Quote from: "Oliver Clotheshoffe" post_id=478323 time=1666664779 user_id=3349
So I went to the grocery store after work today, prices up on everything. A can of soup is $2.50, a dozen eggs are $5.39, etc etc...
Then I got to the checkout line. Took a glance at the candy bars above the conveyor and saw a Hershey chocolate bar. You know, the regular plain old Hershey chocolate bar, no almonds, not super size or anything, just the regular size one. $2.39... Two dollars and thirty nine cents for a plain old regular size Hershey chocolate bar. The same one I used to buy for a quarter.
This is getting ridiculous.
A dozen frickin eggs are $5.39. :2r4ml1j_th: If you lived in Saskatchewan I would give you some farm fresh eggs. I got laying hens.
https://youtu.be/tIpFw4f5cA0
AOC is a below average intelligence person who gets far too much national attention.
Woke up to a dead car battery yesterday morning. No problem, just head down to the auto parts store and get a new one.
300 BUCKS.
They had a cheaper one but "It's at the distribution center 20 miles away..." - how convenient.
FJB
Biden is still blaming oil companoes for his suicidal anti fossil phobia. Now he wants new taxes just for energy producers. Yes, that will lower gasoline and home heating costs.
I stopped at Safeway on the way home to buy 4 litres of milk. Has the price ever gone up. I didn't notice when I went grocery shopping.
President Biden blamed high inflation on 'war in Iraq,' where his son died.
Quote from: "Shen Li" post_id=479536 time=1667435555 user_id=3389
I stopped at Safeway on the way home to buy 4 litres of milk. Has the price ever gone up. I didn't notice when I went grocery shopping.
Dunno, I don't buy milk. I used to love drinking milk but then I went to the state fair one year and watched them take it out of a cow. Haven't been able to touch it since.
Quote from: "Oliver Clotheshoffe" post_id=479680 time=1667509262 user_id=3349
Quote from: "Shen Li" post_id=479536 time=1667435555 user_id=3389
I stopped at Safeway on the way home to buy 4 litres of milk. Has the price ever gone up. I didn't notice when I went grocery shopping.
Dunno, I don't buy milk. I used to love drinking milk but then I went to the state fair one year and watched them take it out of a cow. Haven't been able to touch it since.
I don't drink milk either. However, I have 2 sons both under the age of 10.
I love milk.
Quote from: Odinson post_id=479833 time=1667607620 user_id=136
I love milk.
Milk is the White man's liquid! All the other races are lactose intolerant...
Quote from: Odinson post_id=479833 time=1667607620 user_id=136
I love milk.
I did when I was a kid. Now I stick to single malt scotch and craft beer.
Quote from: "Melson Gibson" post_id=479844 time=1667609937 user_id=3397
Quote from: Odinson post_id=479833 time=1667607620 user_id=136
I love milk.
Milk is the White man's liquid! All the other races are lactose intolerant...
I can tell you aint been anywhere. Pakis, Chinks, Jigs, Camel Jockeys, Spics, and Chugs like Edward all drink milk
Quote from: Herman post_id=479860 time=1667613468 user_id=3396
I can tell you aint been anywhere. Pakis, Chinks, Jigs, Camel Jockeys, Spics, and Chugs like Edward all drink milk
They do drink it, but the question remains as to how well it 'agrees' with them. It is well known that only Whites on a whole are lactose tolerant. It's genetic...
Quote from: "Melson Gibson" post_id=479864 time=1667614403 user_id=3397
Quote from: Herman post_id=479860 time=1667613468 user_id=3396
I can tell you aint been anywhere. Pakis, Chinks, Jigs, Camel Jockeys, Spics, and Chugs like Edward all drink milk
They do drink it, but the question remains as to how well it 'agrees' with them. It is well known that only Whites on a whole are lactose tolerant. It's genetic...
Up to sixty percent of folks in India are lactose intolerant.
There are herdsmen in Africa who are tenants of lactose. Also several groups native to siberia who herd reindeer.
I often drink 1 liter of milk while eating dinner.
Quote from: Odinson post_id=480019 time=1667679380 user_id=136
I often drink 1 liter of milk while eating dinner.
Man....that'll cause some major mucus-forming in the sinuses. I suspect you breathe through your mouth and snore at night whilst sleeping?
I usually have my dinner with a glass of red or some spiced rum on the rocks.