221–230 of 605 posts
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Don't forget soaring stock prices too. Sure all feels like inflation to me.
Sure, but inflation is not a feeling. It needs to be estimated using a statistical methodology.
" Food Prices Are Soaring Faster Than Inflation and Incomes " ...Food price rises ARE inflation!
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Most shipping companies in the stock market have rocketed in the past 2-3 months, so that opportunity has passed I think.
Common stock advice: if you hear about an investment opportunity, you've probably already missed out. Ex: Bitcoin stocks (yes they're stocks / investment products) are only really reported on when they're at an all-time high. They may go up a little more if you're reading something fresh off the press, but it's not going to go up as much as it already has. I mean if you bought a year ago you could have had a 10x retu…
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Fiat money is the outcome of unfettered capitalism. The government needs money to pay its loans that it took with interest, so what does it do? Detach the currency from anything tangible like gold or other precious metals, then print more money as it desires, devaluing the hard work of people who are trying to save money. There's a reason that interest and usury are prohibited in Islam, Judaism, and Christianity. Mar…
People don't save money. They save consumption, and the savings are in the form of money or other assets.
" Food Prices Are Soaring Faster Than Inflation and Incomes " ...Food price rises ARE inflation!
From the article: > In the U.S., prices rose close to 3% in the year ending Jan. 2, according to NielsenIQ, roughly double the overall rate of inflation. The study found that food prices are rising faster than inflation. 3% is high, and 1.5% over inflation is also concerning, but I think a lot of people are jumping to conclusions based on the headline. Those inflation numbers would go unnoticed by most during normal…
I saw another analysis suggesting a 75% drop in media coverage of Biden vs. Trump, at this same point in each’s presidency. That’s a useful statistic that I have a hard time finding in a comprehensive way.
Here it comes. Cost of running money printer too hard.
They mention US inflation down below:
> In the U.S., prices rose close to 3% in the year ending Jan. 2, according to NielsenIQ, roughly double the overall rate of inflation.
Money printing isn’t the only or even the main driver of inflation. Increased demands for goods during lockdown has put upward pressure on shipping costs, which is reflected in food prices.
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Sure, almost all central banks over the world have printed an astronomical amount of money. Even though they may state there is no significant inflation, I dont buy it and neither do many other economists. Stock prices, house prices and now, at last, commodity prices have gone through the roof... But you're probably earning about as much as you were a year ago, or less, if your industry was affected... It's not just…
Asking for investment advice in a forum is probably not the best idea, but does anyone have any advice for someone who's been sitting almost entirely in cash for over 2 years (including missing the covid rebound)? I have a fair amount of experience in the market but from an intuition perspective, I feel like I have alzheimer's or something, I haven't a clue what a person should do in this situation.
There are other things like real estate and government contacts, but those are less available to the casual investor, except through stock market funds.
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Food price rises are not inflation. Inflation is an increase in the general price level, and specifically it's not an increase in the prices of a selected set of goods.
It is the inflation for the poorest population. What does it matter that 4k tv's are cheaper to people who spend all their money on necessities.
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Most shipping companies in the stock market have rocketed in the past 2-3 months, so that opportunity has passed I think.
Common stock advice: if you hear about an investment opportunity, you've probably already missed out. Ex: Bitcoin stocks (yes they're stocks / investment products) are only really reported on when they're at an all-time high. They may go up a little more if you're reading something fresh off the press, but it's not going to go up as much as it already has. I mean if you bought a year ago you could have had a 10x retu…
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With regards to satisfying hunger, if the government has closed bars and sit-down restaurants in an area, that shifts food procurement towards grocers. Pre-pandemic, I suspect I purchased over half of my caloric intake from a food vendor other than a grocer. 15 years ago, that would have been 90+% (as so I expect the younger cohorts today would be similar)
Where I am restaurants have been available throughout the pandemic at least for take out, and most have setup ways to have outdoor seating which is still allowed. There are a few which have closed permanently, but not as many as I expected, thankfully.