![]() |
|
Register | FAQ | Donate | PW Store | PW Trivia | Members List | Calendar | Search | Today's Posts | Mark Forums Read |
News & Current Events Discuss Wholesale prices spike on steep rise in food, oil at the General Forum; Originally Posted by saltwn Exactly. I would be O.K. with 16% interest rate on my truck loan if tomatoes were ... |
![]() |
|
LinkBack | Thread Tools | Display Modes |
The Following User Says Thank You to PT Again For This Useful Post: | ||
|
||||
![]() But overall inflation is moderate. So overall, the economy will be stimulated. I haven't seen any sharp increases in food prices like the article suggests, but maybe that's a regional thing. Though some may have to tighten their belts on discretionary spending, the economy is growing which means more jobs which means more spending which means more jobs. This is the cycle that must be created, even if it means that some have to give up eating at the Olive Garden every weekend for a while. It's only temporary.
__________________
As I grow older, I grow wiser. The wiser I become, the more I understand how little I know. sunwestdog Life isn't fair. But people should be. sunwestdog I reject your reality and substitute my own. Adam Savage |
|
||||
![]() Quote:
Some of the smartest people I know don't have the common sense enought to get out of the rain...........see Avatar ![]() |
|
||||
![]() Opinion pieces citing key economists. Find an economist that says Bernake and Greenspan are wrong? I looked. Found nothing. Maybe you'll have better luck.
__________________
As I grow older, I grow wiser. The wiser I become, the more I understand how little I know. sunwestdog Life isn't fair. But people should be. sunwestdog I reject your reality and substitute my own. Adam Savage |
|
||||
![]() Quote:
|
|
||||
![]() Quote:
I'm not talking about people who can afford to eat at the olive garden. Let's look at those who are currently unemployed, lost thier homes, and now cannot afford to put gas in their vehicles or eat more than once a day. Do I want to pay $3.98 for tomatos? (which is the price at a grocery store here, $2.98 at Wally World) Nope. But at least I can afford to if that is what I want. I'm not sure where the economy is growing, when no one can afford to spend. Heck, I just saw an article that said housing starts dumped in February.
__________________
Your life is the sum total of the choices you make. If you don't laugh at yourself, a whole bunch of people will volunteer to do it for you I never lose. I either win, or I learn.... |
The Following User Says Thank You to GottaGo For This Useful Post: | ||
|
||||
![]() You are missing the point of your "research" Inflation on FOOD and FUEL only is BAD..............Inflation on discretionary items is good, because it pumps more money into more places, instead of it being horded away not doing anything.............That is NOT the case when its only the basics. It also leads to LESS money going into the government coffers, as their is NO TAX on unprepared food. Its a double whammy in this instance.
|
|
||||
![]() Yes I certainly did. But as I indicated, I have no idea about it's effects on the over all economy. I just know what worked for me and my family. We had CDs drawing pretty good interest and even in the 90s I think we a had a couple that drew 6% or better. I had --my family--more disposable income than now.
__________________
The leading cause of death among U.S. police officers in 2021 was covid-19 https://nleomf.org/wp-content/upload...-Final-web.pdf |
|
||||
![]() Quote:
So are all intelligent well educated people lacking common sense? I'm sure there are some, but is he one of them? Are you sure? You don't become chairman of the fed by being a dolt that doesn't know to come out of the rain.
__________________
As I grow older, I grow wiser. The wiser I become, the more I understand how little I know. sunwestdog Life isn't fair. But people should be. sunwestdog I reject your reality and substitute my own. Adam Savage |
|
||||
![]() Quote:
__________________
As I grow older, I grow wiser. The wiser I become, the more I understand how little I know. sunwestdog Life isn't fair. But people should be. sunwestdog I reject your reality and substitute my own. Adam Savage |
![]() |
Tags |
food, oil, prices, rise, spike, steep, wholesale |
Thread Tools | |
Display Modes | |
|
|