US Consumer Price Index up 4.2%

Post by inigyou » Fri, Jun 12, 2026, 3:09 PM UTC

fluoridation wrote: post #310

fragmede wrote: post #305

Earlier quoted context omitted.

Does it? Outside of a couple of rich island city-states, they're not making more land, so on a long enough timeline, that asset class is bound to go up eventually. Same with gold – there's a limited supply of it on Earth, so at some point we'll mine it all, and then what? The question is how assets perform on a given timeline, and how it does relative to inflation. I could guarantee you 1% a year returns if you give…

The price of land is approximately correlated to the total population, because that's the variable part of the supply-demand equation. If there's fewer people there's less need to grow a lot of food, less space needed to manage waste, less space needed to house them, etc. etc. There's nothing productive you can do with land that would justify a very high price if there's only 50 thousand humans in the world; if one p…

Post by hereme888 » Fri, Jun 12, 2026, 4:35 PM UTC

ajross wrote: post #306

hereme888 wrote: post #137

Earlier quoted context omitted.

In an age when one opponent says "the economy is great!" and the other "the economy is doing terrible!", I just tune out and keep my own thoughts.

This kind of deliberate both-sides-ist ignorance is PRECISELY why those arguments work. You aren't being smart, you are giving your overlords permission to lie to you. These are tractable (if complicated) questions with real (if imprecise and inevitably debatable) conclusions. Ignoring them because you don't like argument and are confused by the talking heads on the news is, to be blunt, destroying society.

Post by fluoridation » Fri, Jun 12, 2026, 10:28 PM UTC

autoexec wrote: post #314

senordevnyc wrote: post #300

Earlier quoted context omitted.

When prices increase too much or too quickly however that's when people get upset and assume greed unless they are primed to accept it with some excuse. Yeah, and then what do they do ? I assume they don't stop buying groceries because they're pissed about the assumed greed. Do you really think people are switching grocery stores because they think Kroger is being greedy, but Safeway is altruistic and just raising th…

They still need to buy food, but when the price of something goes up too fast they look for cheaper alternatives to what they normally buy or just stop buying certain things entirely. It's rare the cost for the cost of everything to spike all at the same time. It's happened before though when fuel prices were really high, it happened during the early days of the covid pandemic, and it's happening now with inflation b…