Re: Inflation!
[Re: Moosetrot]
#7265166
05/15/21 08:15 PM
05/15/21 08:15 PM
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Joined: Dec 2006
Posts: 1,220 Barnum, MN
ScottW
trapper
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trapper
Joined: Dec 2006
Posts: 1,220
Barnum, MN
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Somebody on here used to have the signature line..."It's a lazy man that can't find his wife a second job."
Moosetrot That would have been 2poor! Happy trapping! ScottW
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Re: Inflation!
[Re: white17]
#7265168
05/15/21 08:15 PM
05/15/21 08:15 PM
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Joined: May 2010
Posts: 10,533 MN
Steven 49er
OP
trapper
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OP
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Joined: May 2010
Posts: 10,533
MN
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That's true Steven. It isn't entirely his fault but he certainly bears all the blame for not seeing it as the problem it is and for pushing to make it worse. .
Well that is what Democrats do although i believe had Trump re-elected there would have been a stimmy. Probably a trillion less. Meh, a trillion here a trillion there. The world has embraced MMT.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Inflation!
[Re: Steven 49er]
#7265197
05/15/21 08:54 PM
05/15/21 08:54 PM
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Joined: Dec 2006
Posts: 11,353 Oregon
beaverpeeler
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trapper
Joined: Dec 2006
Posts: 11,353
Oregon
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High food prices...hmmmmmmm. Hey, now there's a market for carcass coon! LL, you're back in bizzness!
My fear of moving stairs is escalating!
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Re: Inflation!
[Re: Steven 49er]
#7265212
05/15/21 09:09 PM
05/15/21 09:09 PM
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Joined: Sep 2013
Posts: 18,791 Green County Wisconsin
GREENCOUNTYPETE
trapper
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trapper
Joined: Sep 2013
Posts: 18,791
Green County Wisconsin
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spot price on gold May 14 , 2019 to spot price on gold May 14 2021 70% change
2300 for 1500 worth of product 65% more
priced a gun I built in april 2019 today it would cost 68% more to build
milk is about the only thing I haven't seen change signifigantly
America only has one issue, we have a Responsibility crisis and everything else stems from it.
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Re: Inflation!
[Re: Steven 49er]
#7265213
05/15/21 09:09 PM
05/15/21 09:09 PM
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Joined: May 2010
Posts: 10,533 MN
Steven 49er
OP
trapper
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OP
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Joined: May 2010
Posts: 10,533
MN
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The time to reject MMT was the 80s.
You know me Ken, I'm a firm believer in sound money practices, I believe what is happening now was a foregone conclusion when Nixon took us off the gold standard or even sooner than that. 1913
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Inflation!
[Re: beaverpeeler]
#7265244
05/15/21 10:09 PM
05/15/21 10:09 PM
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Joined: Oct 2009
Posts: 3,635 Pottawatamie co. IA
LLtrapper
"The Coon Combine"
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"The Coon Combine"
Joined: Oct 2009
Posts: 3,635
Pottawatamie co. IA
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High food prices...hmmmmmmm. Hey, now there's a market for carcass coon! LL, you're back in bizzness! I could feed a village. I have better things to do though. I have my meat birds going and the garden is well underway. I prefer poultry and venison to coon meat. I have skinned enough to know never to eat one and would never do that to another human unless they voted for Biden. LLL
Isaiah 51:6 But my salvation will last forever, my righteousness will never fail.
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Re: Inflation!
[Re: Steven 49er]
#7265246
05/15/21 10:11 PM
05/15/21 10:11 PM
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Joined: Oct 2009
Posts: 3,635 Pottawatamie co. IA
LLtrapper
"The Coon Combine"
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"The Coon Combine"
Joined: Oct 2009
Posts: 3,635
Pottawatamie co. IA
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High food prices...hmmmmmmm. Hey, now there's a market for carcass coon! LL, you're back in bizzness! I could feed a village. I have better things to do though. I have my meat birds going and the garden is well underway. I prefer poultry and venison to coon meat. I have skinned enough to know never to eat one and would never do that to another human unless they voted for Biden. LLL The time to reject MMT was the 80s.
You know me Ken, I'm a firm believer in sound money practices, I believe what is happening now was a foregone conclusion when Nixon took us off the gold standard or even sooner than that. 1913 Is this all because of the printing of money? lol, Couldn't help it? LLL
Isaiah 51:6 But my salvation will last forever, my righteousness will never fail.
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Re: Inflation!
[Re: WyFurHarvesters]
#7265289
05/15/21 11:33 PM
05/15/21 11:33 PM
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Joined: Nov 2017
Posts: 11,363 Maine, Aroostook
Posco
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trapper
Joined: Nov 2017
Posts: 11,363
Maine, Aroostook
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Bought my first home during Regan administration 14.7 percent interest if I remember right. The world keeps turning and we will keep buying and living. I bought my first home durning Reagan's 1st term. Inflation was running near 14% in 1980.
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Re: Inflation!
[Re: WyFurHarvesters]
#7265294
05/15/21 11:40 PM
05/15/21 11:40 PM
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Joined: May 2010
Posts: 10,533 MN
Steven 49er
OP
trapper
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OP
trapper
Joined: May 2010
Posts: 10,533
MN
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Bought my first home during Regan administration 14.7 percent interest if I remember right. The world keeps turning and we will keep buying and living. You don't suppose the Roman Empire thought the same thing?
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Inflation!
[Re: WyFurHarvesters]
#7265304
05/15/21 11:52 PM
05/15/21 11:52 PM
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Joined: May 2010
Posts: 10,533 MN
Steven 49er
OP
trapper
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OP
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Joined: May 2010
Posts: 10,533
MN
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Yeah that was some scary times almost got a adjustable which could have went up or down I think 5% and thought about a possible 19% no way. I cant believe what you could mortgage a house for now, even my near 100 year old mother said she never saw interest rates this low. Of course she hasn't, it's illogical. In real terms, long term interest rates have gone negative. It wasn't Trumps fault the country shut down, that is pretty much solely on liberal governor's. I'll have to disagree he wasn't in favor of the stimmys at least not payments to the people. He was in favor of not bailing out state and local governments. Stimulus plans aren't the only thing that inflationary, tax cuts and spending increases that add to the deficit are as well.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Inflation!
[Re: Posco]
#7265358
05/16/21 07:08 AM
05/16/21 07:08 AM
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Joined: Jan 2007
Posts: 6,502 central Haudenosaunee, the De...
white marlin
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trapper
Joined: Jan 2007
Posts: 6,502
central Haudenosaunee, the De...
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Bought my first home during Regan administration 14.7 percent interest if I remember right. The world keeps turning and we will keep buying and living. I bought my first home durning Reagan's 1st term. Inflation was running near 14% in 1980. it was higher than that under Carter.(Reagan brought it down).
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