Live data from Hacker News

US inflation jumps to 3.8% as energy costs surge from Iran war

bbc.com

241–250 of 486 posts

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#241
post #194
post #167

Earlier quoted context omitted.

Syria, Libya, Kosovo probably more I am just naming the ones off the top of my head.

"started by" here was used to indicate that there was not already a shooting war in progress.

If you want to get technical, the US hasn't been involved in a war since WW2. See how annoying that is?

No more wars means stop putting Americans at risk to kill foreigners.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#242
post #32

I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…

Your top point is honestly the biggest. Until this year, US military bases were seen as an asset. They were thought to deter attacks, and in the case of someone being crazy enough to attack the country that hosted a US military base, they sold the promise of a quick and decisive response. But for countries in the Middle East, every base was nothing but a liability with nothing but a long list of detriments. The bases…

I'm not sure if people are even worried anymore.

European here (from Spain), and the overwhelming majority of people I know are hoping for the removal of the bases. They are worried, yes... worried that it's just grandstanding and it's not really going to get done (which is likely, because those bases have always been there mainly for the benefit of the US).

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#243

Earlier quoted context omitted.

The saving grace is that China (well modern living CCP members) have never had an armed conflict. China's military ranks are people who got there by playing politics and bending exercises to their benefit rather than showing battlefield competence. There are no war vets or experienced players. So while they might have incredible man power and manufacturing capability, everyone in that first battle will be seeing batt…

China is even worse than Russia on that matter. Before the invasion to Ukraine, Russia was heavily involved in Syria, Chechnia and other conflicts and with that experience it failed miserably. China, with all its posturing, military wise is even worse than Russia. That's why all it can do is propaganda war on social media to weaken American society.

I dont think starting war that you then proceed to loose somehow makes Russia and America look strong.

This difference makes China look smarter and wiser.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#244
post #228
post #206

Earlier quoted context omitted.

“ For the US, the only pain is inflation” That is not correct and the comment you replied to even pointed out several ways it hurt the US other than that Inflation is the only Immediate pain. The other harms will play out over years. While war games already predicted we’d run out of basically all defensive and offensive weapons almost immediately in a confrontation with China, that wasn’t demonstrated yet. Now it has…

> While war games already predicted we’d run out of basically all defensive and offensive weapons almost immediately in a confrontation with China, that wasn’t demonstrated yet. Now it has been proven, but not even with China, with much smaller and less powerful Iran. We used a major portion of our stuff, it didn’t accomplish anything major, and now we’re already depleted like a paper tiger. This is a positive, not a…

[dead]

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#245

Earlier quoted context omitted.

For most Americans (aka: not the top 5% like SWEs), food and fuel increases hurt a lot.

Most SWEs are not top 5%. The median is about $135/yr, and a significant portion of us make under that. The point was that a 1% increase in inflation due to food and fuel wasnt the end of the world. Does a 1% cost of living increase hurt? Sure, for many people on the margin of making ends meet it can be bad. For most people, $1 more out of $100 is survivable.

Usually from what I have seen, most SWE's partners are also in tech or "white collar adjacent" making similar money. Which makes a household income of $270k, putting them in somewhere around the top ~7.5%.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#246
post #162
post #32

I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…

> I can't think of a single way in which the United States came out ahead in the war. I wouldn't jump to conclusions yet. The war is not over. I wouldn't even be so sure as to say Iran is in a good place right now. Iran can absorb more pain than the US, but even that has a deadline. For the US, the only pain is inflation, which is more a matter of political capital than anything tangible. Trump is a lame duck preside…

> Iran can absorb more pain than the US, but even that has a deadline.

It doesn't. This is the western mentality, thinking you are dealing with sane people.

I'm from Iran (now living in the West), there's a famous Shia motto: "Every day is Ashura, every land is Karbala".

Around 30% of the population are die hard IRGC supporters, another 10% are neutral and the rest don't like the regime.

The problem is that, the war has caused a major rally around the flag effect.

The IRGC has more support than ever now. It's a battle for the Iran now against United States, attempting to destroy people's homes.

I'm not a fan of IRGC. My 20 year old cousin was captured and tortured in Evin prison for 6 months during the Mahsa uprising in 2022 [3]. You can't imagine how much I hate them, but I love Iran more. If I was there, I would be fighting the Americans right now.

Iranians are not going give up, right now, you will have to kill all 90M of us to "win".

[0] https://en.wikipedia.org/wiki/Ashura

[1] https://en.wikipedia.org/wiki/Karbala

[3] https://en.wikipedia.org/wiki/Mahsa_Amini_protests

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#247
post #151

Earlier quoted context omitted.

Your top point is honestly the biggest. Until this year, US military bases were seen as an asset. They were thought to deter attacks, and in the case of someone being crazy enough to attack the country that hosted a US military base, they sold the promise of a quick and decisive response. But for countries in the Middle East, every base was nothing but a liability with nothing but a long list of detriments. The bases…

The situation in Europe is even more crazy. The US needs the bases in Europe to project power in the Middle East. If every country in Europe would ask the US to leave then the US would have a very serious issue projecting power around the world. The US bases are also pretty expensive to set up. Lots of logistic support has to be in place to let those bases function. That require a lot of support from the host country…

Yeah, the US is trying to peddle massive missiles that individually cost as much as the entire defense budget for some small nations, as well as large boats that are just giant sitting ducks. Ukraine is showing that cheap drones are the best defensive asset to have and are currently difficult to counter. China is always flaunting their drone shows, and there's no doubt they've got a defensive/offensive fleet of them ready to go and the US seems to be making zero efforts at making any sort of defense against them. There's been plenty of time to learn from Ukraine and the US military industrial complex is just twiddling their thumbs and sucking up money for more of last century's tech

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#248
post #120

Earlier quoted context omitted.

> The bases got attacked and destroyed with basically zero effort whatsoever, local militaries had to step up to defend the US bases on their own dime and with their own people putting their lives on the line As a US citizen, I hope more countries come to this realization and start rejecting these. It's such a lose-lose for everyone The establishment and maintenance of these bases cost the tax payers so much.... If o…

The America First MAGA people fail so hard to understand that these expenditures on things like foreign bases and US Aid resulted in far greater returns for us. It's never been about altruism or the greater good. I say this as an anti-empirical leftist with no great sympathy for the effort, but for those proclaiming to put America's interests above all else it's just such an obvious and idiotic short-sighted self-own…

[deleted]

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#249
post #32

I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…

[deleted]

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#250

Earlier quoted context omitted.

milk prices go up and down even outside inflation cycles. how do you know this is inflation. price of milk at your local grocery store in last 3 months is not enough data to attribute causation.

This has serious "the climate changes naturally" energy.

it doesnt if you care to look for many instances in data where local milk prices didnt reflect broader inflation trends.

but you are more interested in making idiotic snarky comments and feel smug.

Post reply on HN