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Core PPI up 9.6% annualized (0.8% MoM) in May

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Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#51

Post by virgildotcodes »

JumpCrisscross wrote: post #38
timacles wrote: post #35

Earlier quoted context omitted.

The politics in this country have been intentionally broken going back to Clinton and Obama. It is impossible to make meaningful change anymore. Add in the propaganda convincing 2/5th of the country to consistently vote against their own interests and fundamentally misunderstand core issues, and it is difficult to see what can be done in the next 10 years. The USA has had a hostile takeover by oligarchs. We are a cou…

> We are a country who serves only corporations and those who own them. Regular people have been almost completely removed from the process Regular people removed themselves when we chose cultural flashpoints over material wealth.

I mean, I also have times where I find myself blaming people for being so stupid.

That said, you have to realize that this has been a very intentional propaganda effort by the most powerful actors in society spanning decades. Disorganized masses are largely powerless against that sort of effort and the outcomes are predictable.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#52

Post by triceratops »

rubzah wrote: post #46
triceratops wrote: post #8

Earlier quoted context omitted.

> Voting doesn't work Disparaging democracy doesn't work. Saying shit like this is worse than not voting. EDIT: Downvoted for defending democracy. I do love democracy :-D

Saying it seems to have become a taboo, probably because of the existential horror of it possibly being true.

Is there an alternative?

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#53

Post by wat10000 »

catigula wrote: post #5
gortok wrote: post #3

We are not at a point as a country to have a serious discussion about governance. The administration in charge (as recently as yesterday) still blames Biden for issues happening on their watch, even though he hasn’t been in officer for 16 months now. This is not an administration serious about governing, and until we have an administration serious about governing and taking responsibility for their actions, we will c…

The problem runs deeper than the current administration. Voting doesn't work. The Biden administration isn't the antidote to our problems.

Voting works fine, people just don't do it very much.

People complain about their choices. Meanwhile, there's atrocious turnout in the primaries which determine those choices.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#54

Post by liglam »

steveBK123 wrote: post #44

Possible the everything bubble propping up unprofitable tech buying up resources across the supply chain to build infrastructure + tariff inflation + war of choice energy inflation + massive federal spending + unwillingness to hike rates to cool things off ? Good chance we run the COVID inflation all over again

[dead]

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#55

Post by steveBK123 »

justonepost2 wrote: post #6

Can't wait for AI to bring the prices of all goods to near zero :)

This is what worries me about the AI productivity boom vs previous tech/industrial productivity booms..

We've already made most consumer goods cheap.

The goods/services that are more inflation tied - food, transport, medicine, housing, and education.. are those tethered tied to physical world where costs are driven by energy, regulatory issues, and skilled domestic labor.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#56

Post by piva00 »

JumpCrisscross wrote: post #38
timacles wrote: post #35

Earlier quoted context omitted.

The politics in this country have been intentionally broken going back to Clinton and Obama. It is impossible to make meaningful change anymore. Add in the propaganda convincing 2/5th of the country to consistently vote against their own interests and fundamentally misunderstand core issues, and it is difficult to see what can be done in the next 10 years. The USA has had a hostile takeover by oligarchs. We are a cou…

> We are a country who serves only corporations and those who own them. Regular people have been almost completely removed from the process Regular people removed themselves when we chose cultural flashpoints over material wealth.

Even though the forever pursuit of more material wealth is exactly what brought the USA to this point.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#57

Post by khriss »

timacles wrote: post #35
gortok wrote: post #3

We are not at a point as a country to have a serious discussion about governance. The administration in charge (as recently as yesterday) still blames Biden for issues happening on their watch, even though he hasn’t been in officer for 16 months now. This is not an administration serious about governing, and until we have an administration serious about governing and taking responsibility for their actions, we will c…

The politics in this country have been intentionally broken going back to Clinton and Obama. It is impossible to make meaningful change anymore. Add in the propaganda convincing 2/5th of the country to consistently vote against their own interests and fundamentally misunderstand core issues, and it is difficult to see what can be done in the next 10 years. The USA has had a hostile takeover by oligarchs. We are a cou…

> The politics in this country have been intentionally broken going back to Clinton and Obama.

Ahh yes, the presidents from the other party, including the one currently in office, who runs arguably the most brazenly corrupt administrations in US history, having tripled his family's net worth in a single year is of course entirely blame free /s.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#58

Post by martythemaniak »

3askhg wrote: post #34

Until the press and the public do not examine the real long term strategies of the US establishment, this won't change. All you hear is reporting about Trump's daily contradictory statements, "leaks" in Axios that peace in Iran is imminent, then 40 tomahawk missiles. Next are probably fake peace talks again. Until the press grasps that the US establishment wants a protracted forever war that hurts the EU, Japan, and…

There are no long term strategies, neither the "establishment" nor the public (ie you) seem to grasp that simple fact.

Americans simply do not wish to engage with reality any more, and that's why they're perfectly happy to elect a TV personality for a president who filled his cabinet with TV personalities who can do nothing more than LARP as statesmen.

I think your comment is another instance of this LARP, where the public can't tell the difference between reality and TV.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#59

Post by wat10000 »

phainopepla2 wrote: post #20
hilariously wrote: post #11

Earlier quoted context omitted.

Hm, which wars did the last president start? How many war crimes did he happen to do? How many times was he mentioned in the Epstein files? Yep, no difference detected here, unless you have eyes or a brain.

He allowed allowed the destruction of Gaza to start, and did nothing to stop it even when it was clear what was happening and it was within his power to do so. Of course, Trump would have been no better on that front. But that brings us back to... The lesser of two evils is still evil

The lesser of two evils is still lesser.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#60

Post by pstuart »

p-o wrote: post #48
timacles wrote: post #35

Earlier quoted context omitted.

The politics in this country have been intentionally broken going back to Clinton and Obama. It is impossible to make meaningful change anymore. Add in the propaganda convincing 2/5th of the country to consistently vote against their own interests and fundamentally misunderstand core issues, and it is difficult to see what can be done in the next 10 years. The USA has had a hostile takeover by oligarchs. We are a cou…

It's interesting how you elect to name two presidents in an era that were democrats while conveniently omitting the republican president in between. With all his baggages, I find this quite convenient.

It's an interesting point. With Clinton, l'affaire de bj was a willful attempt to take the president's private life public as a means of congressional focus. It should be noted that until then, this was effectively off limits. It was an open secret in DC that his predecessor, Bush the 1st, kept a mistress for years and that was never discussed publicly.

In the case of Obama, the GOP noted that their top priority was to make him a 1-term president and that meant attempted sabotage of any legislation that might make him look good.

Neither man were perfect presidents, but compared to the current regime it is night and day.

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