Economy

[GSG]

Oh, most definitely.  It's a major issue that needs to be gotten under control.

But, Americans should really have a better idea of what is causing it to be able to make wise decisions.

But this is the country where people take pictures/videos of themselves at the gas pump two days after Biden's inauguration, complaining that he jacked up the gas prices on them. 

 

[Archy1221]

Oh, most definitely.  It's a major issue that needs to be gotten under control.

But, Americans should really have a better idea of what is causing it to be able to make wise decisions.

What is causing it?

 

[BigRedBuster]

What is causing it?

I've explained that before and provided reading material.  I'll let you look back at that.

 

[Archy1221]

I've explained that before and provided reading material.  I'll let you look back at that.

How does inflation get solved? 

 

[BigRedBuster]

How does inflation get solved? 

https://www.thebalance.com/what-is-being-done-to-control-inflation-3306095

https://www.economicshelp.org/blog/2269/economics/ways-to-reduce-inflation/

https://tradebrains.in/how-does-government-control-inflation/

 

[Archy1221]

https://www.thebalance.com/what-is-being-done-to-control-inflation-3306095

https://www.economicshelp.org/blog/2269/economics/ways-to-reduce-inflation/

https://tradebrains.in/how-does-government-control-inflation/

What do YOU think needs done to solve the inflation issue.  I understand all the possibilities or tools.  

 

[Archy1221]

[No message]

 

[BigRedBuster]

To be fair, when there's a shortage of everything, I'm not sure what China was expected to buy.

 

[BigRedBuster]

OK....this looks like things are getting serious.  Don't you dare cause a problem in the supply chain with my avocados.  

 

[NM11046]

To be fair, when there's a shortage of everything, I'm not sure what China was expected to buy.

But there weren't any shortages during that time ... that happened after Mr. Trump fanned the flames of the non existent, "going to be over in spring/only 14 people sick"  pandemic.

 

[BigRedBuster]

And yet, there are 5 open seats on the Fed board that Biden has nominated and Republicans refuse to even show up to the confirmation hearings.

 

[BigRedBuster]

I get that some companies have raised prices after having good profits and some are trying to demonize corporations because if it. 
 

But, seriously?  Your using Starbucks as an example?  News flash, it’s a luxury. If you don’t like spending $6 on a cup of coffee, don’t. 
 

 

[knapplc]

I get that some companies have raised prices after having good profits and some are trying to demonize corporations because if it. 
 

But, seriously?  Your using Starbucks as an example?  News flash, it’s a luxury. If you don’t like spending $6 on a cup of coffee, don’t. 
 

I think you're both right. It's gouging, but it's also a luxury.

I got fed up with Starbucks a few months ago and went full time to my French Press. It's a lot more work and takes ten times as long, but overall it's better coffee and it is SO MUCH cheaper. 

 

[Archy1221]

I get that some companies have raised prices after having good profits and some are trying to demonize corporations because if it. 
 

But, seriously?  Your using Starbucks as an example?  News flash, it’s a luxury. If you don’t like spending $6 on a cup of coffee, don’t. 
 

Robert is being loose with the numbers also by talking % profit increase.  He’s knows what he’s doing there.  
 

check out SBUX year over year stock price.  Not much to crow about.  

 

[BigRedBuster]

Robert is being loose with the numbers also by talking % profit increase.  He’s knows what he’s doing there.  
 

check out SBUX year over year stock price.  Not much to crow about.  

Sorry, I don’t really give a s#!t about price gouging on a luxury item like this. 
 

If I’m building yachts and I want to triple my price, why should anyone give a s#!t like this?