Why are things so expensive?

[debbiedowner]

Florida had a way higher crime and homeless problem than they report. I just spent a month in Florida. Floridiots tell me that a lot of crime goes un reported. Even when you report it to the police,they don't report it back at the station. They say sorry there's nothing we can do about it.

A car pulled up, guy got out, ripped the woman's necklace off her neck, they saw the car drive into the trailer park across the street. They were able to tell the police what kind of car it was. The cops said sorry, we aren't going in there.

Florida has homeless bums EVERYWHERE. It's paradise for them. NY is cold. I say your numbers in Texas and Florida are bullshit.

So you dispute data, ok most people on these boards do.

 

[Votto]

So you admit rising prices are a global problem not a result of Bidens policies

Biden is a drooling vegetable that simply goes along with the Leftist worldwide Climate Cult.

Everyone knows this.

 

[Votto]

Trump shutting down the US for a national health emergency stopped production which caused inflation.

Trump did go along with Fauci and company for a while, that is true.

Trump relied on the Leftist "experts" and paid a terrible price.

 

[Resnic]

Crepitus tried to start a thread on this and blamed corporations, which is the only think the Left knows to do. However, the politically deranged partisan hacks are either incapable of understanding the truth, or they purposefully suppress it in order to continue business as usual for their own political wants. However, without a link and any factual backing whatsoever, the thread was closed. LOL.

Surprise, surprise.

But it is not really that hard to understand at all. Inflation is causing prices to rise, so what causes inflation?

What Causes Inflation?

What causes inflation? There is no one answer, but like so much of macroeconomics it comes down to a mix of output, money, and expectations. Supply shocks can lower an economy’s potential output, driving up prices. An increase in the money supply can stoke demand, driving up prices. And the...

hbr.org

At its root, inflation is driven by too much demand relative to supply. More precisely, as former Fed chair Ben Bernanke writes in his macroeconomics textbook with Andrew Abel: “Inflation occurs when the aggregate quantity of goods demanded at any particular price level is rising more quickly than the aggregate quantity of goods supplied at that price level.”

But what causes demand to outpace supply? That can happen for a few different reasons, and to understand them it helps to consider the three pillars of macroeconomics that David Moss describes in his book A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know. Moss structures the book based on output (how much an economy produces), money (how much currency people have or can easily get their hands on), and expectations (what people think will happen next). All three have a role in inflation.
1. Supply shocks: Inflation often happens because of supply shocks — major disruptions to an important economic input, like energy. For example, if a lot of oil fields stop producing oil because of a war, the price of energy increases. Since energy is a critical input into almost every other good, prices of other things rise, too. This is often called “cost-push inflation.”
I would add that when there is a global war on fossil fuels, this also mandates that the reduction of fossil fuels creates a disruption. When governments around the world begin to curb the fossil fuels industry from obtaining their fossil fuels, the only possible end result will be higher prices for everything. But this article is too PC to bring this topic up. Barak Obama basically admitted to this long ago


2. Money supply: Then there’s the demand side of the equation. An increase in the money supply will tend to cause inflation, as Moss explains. “With more cash in their pockets and bank accounts, consumers often find new reasons to buy things,” he writes in the book. “But unless the supply of goods and services has increased in the meantime, the consumers’ mounting demand for products will simply bid up prices, thus stoking inflation. Economists sometimes say that inflation rises when ‘too much money is chasing too few goods.’” This is sometimes referred to as “demand-pull inflation.”

I would add that with government printing money more than ever before, the only possible result can be increased inflation. Again, the article is too PC to point this fact out as well.

3. Unemployment and inflation. Recall that the root of inflation is too much demand relative to supply. Another way of thinking about the same idea is to ask how much “slack” there is in the economy at any point in time. An economy produces stuff using people’s time and ingenuity, machines and other infrastructure, and natural resources. But for various reasons, economies sometimes don’t produce as much as they could: There are lots of workers without jobs, factories that aren’t producing anything, etc. In the wake of the 2008 financial crisis, this high unemployment happened in many countries. There was a lot of “slack” in the economy, meaning lots of economic resources weren’t being put to use.


Again, the article is too PC to bring up the fact that the worldwide Covid shutdowns did this precise thing. The fact that there is a worldwide war on fossil fuels and a worldwide economic shutdown is why there is a worldwide inflation problem. However, the insane spending in the US has made things far worse in the US.

Why are things so expensive? That's easy.

Because our dollar is worth less. That pack of cookies isn't more expensive to make, it just takes more dollars to buy it.

Everytime we print 1 dollar we lower the value of all other existing dollars by a fraction of a fraction of a fraction. More you have of something the less each one is worth.

The problem is exacerbated by the fact our money is backed by nothing but debt. Our debt is our currency that gives our money value. So we take our debt and sell it to like say china in the form of Treasury bonds which are just paper

Why China Buys U.S. Debt With Treasury Bonds

China and many other countries buy U.S. debt through the purchase of Treasury bonds, here are the factors behind those purchases.

www.investopedia.com

So everytime someone like California raises fast food wages to 20 dollars an hour money goes down, when we send hundreds of billions to Ukraine our money goes down, we maybe a billion on illegals our money goes down, when we spend millions to pay federal employees working in the field of equity and diversity our money goes down. We waste so much money right now we keep having to print money and more. We're just chasing numbers and everyone wants more.

 

[rightwinger]

Biden is a drooling vegetable that simply goes along with the Leftist worldwide Climate Cult.

Everyone knows this.

Is that really the best response you have when proven wrong?

 

[Moonglow]

Trump did go along with Fauci and company for a while, that is true.

Trump relied on the Leftist "experts" and paid a terrible price.

Trump was the leader and he made the decisions he is to blame and instead of seeing this you people want blame someone else, such a cultist task.

 

[Votto]

Trump was the leader and he made the decisions he is to blame and instead of seeing this you people want blame someone else, such a cultist task.

I blamed who specifically exactly?

I did not.

What I blame are governments around the world adopting horrible policy that causes the inflation we have today.

 

[Moonglow]

Why are things so expensive? That's easy.

Because our dollar is worth less. That pack of cookies isn't more expensive to make, it just takes more dollars to buy it.

Everytime we print 1 dollar we lower the value of all other existing dollars by a fraction of a fraction of a fraction. More you have of something the less each one is worth.

The problem is exacerbated by the fact our money is backed by nothing but debt. Our debt is our currency that gives our money value. So we take our debt and sell it to like say china in the form of Treasury bonds which are just paper

Why China Buys U.S. Debt With Treasury Bonds

China and many other countries buy U.S. debt through the purchase of Treasury bonds, here are the factors behind those purchases.

www.investopedia.com

So everytime someone like California raises fast food wages to 20 dollars an hour money goes down, when we send hundreds of billions to Ukraine our money goes down, we maybe a billion on illegals our money goes down, when we spend millions to pay federal employees working in the field of equity and diversity our money goes down. We waste so much money right now we keep having to print money and more. We're just chasing numbers and everyone wants more.

Good thing those PPP give aways did not devalue the dollar.

 

[theHawk]

Crepitus tried to start a thread on this and blamed corporations, which is the only think the Left knows to do. However, the politically deranged partisan hacks are either incapable of understanding the truth, or they purposefully suppress it in order to continue business as usual for their own political wants. However, without a link and any factual backing whatsoever, the thread was closed. LOL.

Surprise, surprise.

But it is not really that hard to understand at all. Inflation is causing prices to rise, so what causes inflation?

What Causes Inflation?

What causes inflation? There is no one answer, but like so much of macroeconomics it comes down to a mix of output, money, and expectations. Supply shocks can lower an economy’s potential output, driving up prices. An increase in the money supply can stoke demand, driving up prices. And the...

hbr.org

At its root, inflation is driven by too much demand relative to supply. More precisely, as former Fed chair Ben Bernanke writes in his macroeconomics textbook with Andrew Abel: “Inflation occurs when the aggregate quantity of goods demanded at any particular price level is rising more quickly than the aggregate quantity of goods supplied at that price level.”

But what causes demand to outpace supply? That can happen for a few different reasons, and to understand them it helps to consider the three pillars of macroeconomics that David Moss describes in his book A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know. Moss structures the book based on output (how much an economy produces), money (how much currency people have or can easily get their hands on), and expectations (what people think will happen next). All three have a role in inflation.
1. Supply shocks: Inflation often happens because of supply shocks — major disruptions to an important economic input, like energy. For example, if a lot of oil fields stop producing oil because of a war, the price of energy increases. Since energy is a critical input into almost every other good, prices of other things rise, too. This is often called “cost-push inflation.”
I would add that when there is a global war on fossil fuels, this also mandates that the reduction of fossil fuels creates a disruption. When governments around the world begin to curb the fossil fuels industry from obtaining their fossil fuels, the only possible end result will be higher prices for everything. But this article is too PC to bring this topic up. Barak Obama basically admitted to this long ago


2. Money supply: Then there’s the demand side of the equation. An increase in the money supply will tend to cause inflation, as Moss explains. “With more cash in their pockets and bank accounts, consumers often find new reasons to buy things,” he writes in the book. “But unless the supply of goods and services has increased in the meantime, the consumers’ mounting demand for products will simply bid up prices, thus stoking inflation. Economists sometimes say that inflation rises when ‘too much money is chasing too few goods.’” This is sometimes referred to as “demand-pull inflation.”

I would add that with government printing money more than ever before, the only possible result can be increased inflation. Again, the article is too PC to point this fact out as well.

3. Unemployment and inflation. Recall that the root of inflation is too much demand relative to supply. Another way of thinking about the same idea is to ask how much “slack” there is in the economy at any point in time. An economy produces stuff using people’s time and ingenuity, machines and other infrastructure, and natural resources. But for various reasons, economies sometimes don’t produce as much as they could: There are lots of workers without jobs, factories that aren’t producing anything, etc. In the wake of the 2008 financial crisis, this high unemployment happened in many countries. There was a lot of “slack” in the economy, meaning lots of economic resources weren’t being put to use.


Again, the article is too PC to bring up the fact that the worldwide Covid shutdowns did this precise thing. The fact that there is a worldwide war on fossil fuels and a worldwide economic shutdown is why there is a worldwide inflation problem. However, the insane spending in the US has made things far worse in the US.

It’s called Bidenomics.

 

[Moonglow]

I blamed who specifically exactly?

I did not.

What I blame are governments around the world adopting horrible policy that causes the inflation we have today.

Of which Trump was a leader of a government, but yet you don't blame Trump you exactly him and lie to protect Trump.

 

[Votto]

Why are things so expensive? That's easy.

Because our dollar is worth less. That pack of cookies isn't more expensive to make, it just takes more dollars to buy it.

Everytime we print 1 dollar we lower the value of all other existing dollars by a fraction of a fraction of a fraction. More you have of something the less each one is worth.

The problem is exacerbated by the fact our money is backed by nothing but debt. Our debt is our currency that gives our money value. So we take our debt and sell it to like say china in the form of Treasury bonds which are just paper

Why China Buys U.S. Debt With Treasury Bonds

China and many other countries buy U.S. debt through the purchase of Treasury bonds, here are the factors behind those purchases.

www.investopedia.com

So everytime someone like California raises fast food wages to 20 dollars an hour money goes down, when we send hundreds of billions to Ukraine our money goes down, we maybe a billion on illegals our money goes down, when we spend millions to pay federal employees working in the field of equity and diversity our money goes down. We waste so much money right now we keep having to print money and more. We're just chasing numbers and everyone wants more.

That is part of the equation to be sure as I have already said, but not the entire picture.

 

[Moonglow]

It’s called Bidenomics.

No, it was Trumponomics because policies lag they don't led the economy

 

[Votto]

Of which Trump was a leader of a government, but yet you don't blame Trump you exactly him and lie to protect Trump.

I blamed government, for which Trump was apart.

I'm not sure if he has learned any lessons from it, but hopefully he has.

 

[Votto]

It’s called Bidenomics.

Biden definitely made the war on fossil fuels much worse.

 

[marvin martian]

Crepitus tried to start a thread on this and blamed corporations, which is the only think the Left knows to do. However, the politically deranged partisan hacks are either incapable of understanding the truth, or they purposefully suppress it in order to continue business as usual for their own political wants. However, without a link and any factual backing whatsoever, the thread was closed. LOL.

Surprise, surprise.

But it is not really that hard to understand at all. Inflation is causing prices to rise, so what causes inflation?

What Causes Inflation?

What causes inflation? There is no one answer, but like so much of macroeconomics it comes down to a mix of output, money, and expectations. Supply shocks can lower an economy’s potential output, driving up prices. An increase in the money supply can stoke demand, driving up prices. And the...

hbr.org

At its root, inflation is driven by too much demand relative to supply. More precisely, as former Fed chair Ben Bernanke writes in his macroeconomics textbook with Andrew Abel: “Inflation occurs when the aggregate quantity of goods demanded at any particular price level is rising more quickly than the aggregate quantity of goods supplied at that price level.”

But what causes demand to outpace supply? That can happen for a few different reasons, and to understand them it helps to consider the three pillars of macroeconomics that David Moss describes in his book A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know. Moss structures the book based on output (how much an economy produces), money (how much currency people have or can easily get their hands on), and expectations (what people think will happen next). All three have a role in inflation.
1. Supply shocks: Inflation often happens because of supply shocks — major disruptions to an important economic input, like energy. For example, if a lot of oil fields stop producing oil because of a war, the price of energy increases. Since energy is a critical input into almost every other good, prices of other things rise, too. This is often called “cost-push inflation.”
I would add that when there is a global war on fossil fuels, this also mandates that the reduction of fossil fuels creates a disruption. When governments around the world begin to curb the fossil fuels industry from obtaining their fossil fuels, the only possible end result will be higher prices for everything. But this article is too PC to bring this topic up. Barak Obama basically admitted to this long ago


2. Money supply: Then there’s the demand side of the equation. An increase in the money supply will tend to cause inflation, as Moss explains. “With more cash in their pockets and bank accounts, consumers often find new reasons to buy things,” he writes in the book. “But unless the supply of goods and services has increased in the meantime, the consumers’ mounting demand for products will simply bid up prices, thus stoking inflation. Economists sometimes say that inflation rises when ‘too much money is chasing too few goods.’” This is sometimes referred to as “demand-pull inflation.”

I would add that with government printing money more than ever before, the only possible result can be increased inflation. Again, the article is too PC to point this fact out as well.

3. Unemployment and inflation. Recall that the root of inflation is too much demand relative to supply. Another way of thinking about the same idea is to ask how much “slack” there is in the economy at any point in time. An economy produces stuff using people’s time and ingenuity, machines and other infrastructure, and natural resources. But for various reasons, economies sometimes don’t produce as much as they could: There are lots of workers without jobs, factories that aren’t producing anything, etc. In the wake of the 2008 financial crisis, this high unemployment happened in many countries. There was a lot of “slack” in the economy, meaning lots of economic resources weren’t being put to use.


Again, the article is too PC to bring up the fact that the worldwide Covid shutdowns did this precise thing. The fact that there is a worldwide war on fossil fuels and a worldwide economic shutdown is why there is a worldwide inflation problem. However, the insane spending in the US has made things far worse in the US.

pUtiN's PriCE hiKEs!

 

[bodecea]

Crepitus tried to start a thread on this and blamed corporations, which is the only think the Left knows to do. However, the politically deranged partisan hacks are either incapable of understanding the truth, or they purposefully suppress it in order to continue business as usual for their own political wants. However, without a link and any factual backing whatsoever, the thread was closed. LOL.

Surprise, surprise.

But it is not really that hard to understand at all. Inflation is causing prices to rise, so what causes inflation?

What Causes Inflation?

What causes inflation? There is no one answer, but like so much of macroeconomics it comes down to a mix of output, money, and expectations. Supply shocks can lower an economy’s potential output, driving up prices. An increase in the money supply can stoke demand, driving up prices. And the...

hbr.org

At its root, inflation is driven by too much demand relative to supply. More precisely, as former Fed chair Ben Bernanke writes in his macroeconomics textbook with Andrew Abel: “Inflation occurs when the aggregate quantity of goods demanded at any particular price level is rising more quickly than the aggregate quantity of goods supplied at that price level.”

But what causes demand to outpace supply? That can happen for a few different reasons, and to understand them it helps to consider the three pillars of macroeconomics that David Moss describes in his book A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know. Moss structures the book based on output (how much an economy produces), money (how much currency people have or can easily get their hands on), and expectations (what people think will happen next). All three have a role in inflation.
1. Supply shocks: Inflation often happens because of supply shocks — major disruptions to an important economic input, like energy. For example, if a lot of oil fields stop producing oil because of a war, the price of energy increases. Since energy is a critical input into almost every other good, prices of other things rise, too. This is often called “cost-push inflation.”
I would add that when there is a global war on fossil fuels, this also mandates that the reduction of fossil fuels creates a disruption. When governments around the world begin to curb the fossil fuels industry from obtaining their fossil fuels, the only possible end result will be higher prices for everything. But this article is too PC to bring this topic up. Barak Obama basically admitted to this long ago


2. Money supply: Then there’s the demand side of the equation. An increase in the money supply will tend to cause inflation, as Moss explains. “With more cash in their pockets and bank accounts, consumers often find new reasons to buy things,” he writes in the book. “But unless the supply of goods and services has increased in the meantime, the consumers’ mounting demand for products will simply bid up prices, thus stoking inflation. Economists sometimes say that inflation rises when ‘too much money is chasing too few goods.’” This is sometimes referred to as “demand-pull inflation.”

I would add that with government printing money more than ever before, the only possible result can be increased inflation. Again, the article is too PC to point this fact out as well.

3. Unemployment and inflation. Recall that the root of inflation is too much demand relative to supply. Another way of thinking about the same idea is to ask how much “slack” there is in the economy at any point in time. An economy produces stuff using people’s time and ingenuity, machines and other infrastructure, and natural resources. But for various reasons, economies sometimes don’t produce as much as they could: There are lots of workers without jobs, factories that aren’t producing anything, etc. In the wake of the 2008 financial crisis, this high unemployment happened in many countries. There was a lot of “slack” in the economy, meaning lots of economic resources weren’t being put to use.


Again, the article is too PC to bring up the fact that the worldwide Covid shutdowns did this precise thing. The fact that there is a worldwide war on fossil fuels and a worldwide economic shutdown is why there is a worldwide inflation problem. However, the insane spending in the US has made things far worse in the US.

Those Chinese made trump hats, flags, etc. aren't gonna buy themselves.

 

[bodecea]

Biden definitely made the war on fossil fuels much worse.

By pumping more than any other President?

 

[August West]

Had we not shut down the US, quit screwing around with energies that aren't concentrated, and had a govt that would quit spending trillions to bail out banks, dumped the fed that keeps pumping blood into a corpse, we wouldn't in this situation.

I`ve been a retired factory worker for 17 years and my situation is good. Stupid people who do stupid things have always looked for someone else to blame.

 

[bodecea]

Biden is a drooling vegetable that simply goes along with the Leftist worldwide Climate Cult.

Everyone knows this.

You spelled "trump" wrong.

 

[ReinyDays]

Again, the article is too PC to bring up the fact that the worldwide Covid shutdowns did this precise thing. The fact that there is a worldwide war on fossil fuels and a worldwide economic shutdown is why there is a worldwide inflation problem. However, the insane spending in the US has made things far worse in the US.

Republican control the House ... ONLY they can initiate government spending ... all MAGA Mike Johnson has done is pass pork-barrel CR after pork barrel CR ... just print money for one more session and House Republicans can retire on Easy Street ... why bother fixing things if ALL House members are cashing in? ...

We bailed out failing businesses back in 2008 ... the same businesses failed in 2018, and they got bailed out again ... next hiccup in the economy and they'll fail again ...

Wells Fargo Bank committed 2.5 million felonies recently ... {Cite} ... if we could only keep House Republicans from bailing these thieves out ... again ... maybe instead of "printing" more money, we simply take back the money that's been stolen ... these people deserve to be stripped of their wealth and thrown in prison ...