Earlier quoted context omitted.
One thing about inflation is that it will never go back down. Best case scenario is it stops growing.
Do you mean prices, perhaps? Inflation is a derivative and can go down to zero with prices being unchanged
U.S. annual inflation rate drops to 8.5%
631–640 of 918 posts
Re: U.S. annual inflation rate drops to 8.5%
#632Earlier quoted context omitted.
What I do is buy meat in bulk from costco and marinate and preseason then cut it up and vacuum seal it with a $30 vacuum sealer and sousivide bags from amazon. I can then stuff my freezer with ready to cook chicken, steak, fish, etc. I just take it out the night before to thaw in the fridge.
Skip the thaw step and cook those things sous vide.
Re: U.S. annual inflation rate drops to 8.5%
#633Earlier quoted context omitted.
Lol I’m not “placing blame” I’m stating what I see as facts. Russia will not surrender. The longer the Ukraine is in the war, the higher likelihood the people of Ukraine starve. We can make an argument that they shouldn’t surrender. That’s a moral position. I’m pointing out if we don’t figure it out within the next few months you’re not going to get the food from the region, as people are fighting over it. I don’t ca…
I don't understand what kind of bubble people are in if they think Russia is about to surrender soon. According to the Western media they were running out of ammo in March, April, May and June. Meanwhile, with an incompetent army running out of supplies, they were apparently able to occupy 20% of Ukraine's territory.
Re: U.S. annual inflation rate drops to 8.5%
#634Earlier quoted context omitted.
ShadowStats claims ~8% inflation since 2000, i.e. a 5x cumulative increase in cost of living. I don't buy it.
I mean, you could buy a 3 bed / 1.5 bath house in the bay area for around $200k in 2000. 5x is roughly correct, easily.
Two examples: 3bd house in the Chicago suburbs, sold for $190,000 in 1999, and $420,000 in 2021. 5bd house in the Houston suburbs, sold for $290,000 in 2003, and $480,000 in 2022. If there were 5x price growth, these houses should be selling for $1m-$1.5m.
Re: U.S. annual inflation rate drops to 8.5%
#635Earlier quoted context omitted.
> No, the states and the federal government can too, by destroying money (IE increasing taxes). Destroying money (taxes, when fiscal policy is viewed through the lens of monetary effects) is counterinflationary. Creating money (spending) is inflationary. Broadly speaking.
It seems that you're largely restating what the comment you replied to was saying. If not, please correct me because I may be missing some nuance that I shouldn't have. In that line of thought though, cutting taxes without cutting spending increases inflation. Because the borrowing of newly printed money doesn't stop. Without 1:1 cuts in spending it's problematic. That's what happened in 2017[0], a ~2.3 trillion doll…
The comment I responded to said government can cause inflation by destroying money by increasing taxes.
That's backwards, destroying money is deflationary.
Re: U.S. annual inflation rate drops to 8.5%
#636Great. All I know is I'm trading a lot more time for money this year. Way less takeout, avoiding toll roads unless it saves at least 30 minutes, fewer streaming services (will renew on a show-by-show basis), and food is getting so crazy I might start going to multiple stores to try and save money instead of my one consolidated trip to Wegmans. I'm also stuffing my freezer with meat and have a year's supply of non-per…
You can grow hydroponic lettuce, indoor tomatoes, strawberries, carrots, etc. There are many good resources to learn. It's also a past time that will teach you one thing or two.
Then, if saving time is what you are looking for... robot vacuum, mop, and a all-in-one cooking appliance (e.g.: Thermomix) can help.
Re: U.S. annual inflation rate drops to 8.5%
#637Earlier quoted context omitted.
Oil heat can be tough, but the prices will go down. I would not change things just as a reaction to these prices...
There are other reasons: the boiler is from the 1940s (59% efficiency) and the oil tank is at least 30 years old. It's not pretty if the oil tank leaks... https://www.youtube.com/watch?v=djpH8pUSpjM
Re: U.S. annual inflation rate drops to 8.5%
#638Earlier quoted context omitted.
In CA, they aren’t given the option to deny you to install a charger. Easy legislative fix.
So in California I can just dig up the HOA's land without permission to run a wire to my parking space? Or if my HOA has a parking garage I can just start drilling through the walls of the HOA's building to stick a charger in, no permission needed? Surely this can't be how it actually works in CA? I'd like to see a lawyer's take on whether this is an "easy legislative fix."
Re: U.S. annual inflation rate drops to 8.5%
#639Earlier quoted context omitted.
I dont see any way Ukraine can win. There’s a lot of real information out there (military reports). I’m not going to dive into that and debate it. There are also many channels covering this topic mostly neutral: Here’s one: https://m.youtube.com/watch?v=KILAY2miQdI Here’s another: https://m.youtube.com/c/AlexanderMercourisReal In short, for Russia to lose would be the end of Russia. They have to be seen as hitting th…
Ukraine can't win in the sense of achieving an outright battlefield victory and ejecting the Russian invaders. But NATO and the EU can keep Ukraine from losing by continuing to support them, and maintaining sanctions on Russia. This will bog down the bulk of Russia's expeditionary military capacity in a quagmire, just like with Afghanistan in the 1980's. Unfortunately this will have some bad effects for the rest of t…
Re: U.S. annual inflation rate drops to 8.5%
#640Earlier quoted context omitted.
As a Florida resident, the florida situation is screwed but not because of hurricanes and flood risks. The problem is our laws about assignment of benefits and how insurance lawsuits get punished. So what happens is anytime any storm comes in you get swarmed with roofing companies wanting you to assign all benefits to them and they offer you a "free" roof. They then keep telling the roofing companies their previous e…
Why would the insurance company pay more than the adjuster's estimate? Isn't that the point of them sending a loss adjuster, to determine how much they should pay?
What happens is the roofing company claims to the insurance company that they had to replace more boards, they needed more nails, and a bunch of other material costs they claimed they needed. Since the policy states that the coverage warrants a replaced roof (of the same type) in this instance, the roofing company is claiming that a replacement roof costs more than the estimate and thus should be covered.
The insurance company could send another adjuster out to verify that the replacement roof costs as much as they did, but they'd have to verify how many boards are replaced (which means going without a roof until the adjuster verifies all the damaged boards), material cost for the roof, etc... That's a lot of investigation they need to do to fight a supposed excessive cost when the laws of the state make it very hard (and costly) for the insurance companies to win a denial that gets litigated.
It's not unusual for insurance companies to pay more than an adjuster's estimate though. An adjuster can't always see all the damage (they can't see behind walls, can't see under existing roof shingles, etc....) and if the policy covers fixing the damage then that means covering all costs it takes to fix that damage (minus deductible). So it's a balance between making sure insurance companies have the ability to push back against scamming of policies and consumer rights of making sure consumers get paid out what they are adaquately owed. Right now the balance in Florida is too far in the consumers favor and that's causing insurance companies to get scammed, and thus leaving the state, causing all consumers to ultimately suffer.