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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

#71

Post by JumpCrisscross »

w3qkjh wrote: post #49
JumpCrisscross wrote: post #36

Earlier quoted context omitted.

> the US establishment wants a protracted forever war that hurts the EU, Japan, and India, no change will occur This presumes way more competence at the top than we’ve got. > US wants to force investment of these countries in building valuable industrial infrastructure in the US and shake them down with high US energy imports Americans want lots of things. Current policy isn’t promoting those interests. Currently, th…

> This presumes way more competence at the top than we’ve got. That is the intended perception because the public figures are imbeciles. The people in the background are highly competent and controlling energy flows to US "allies" has been a priority issue since Reagan blew up a Soviet pipeline to Germany. Or make the starting point the Suez Crisis when the US unseated Britain in the Middle East and took over.

> people in the background are highly competent and controlling energy flows to US "allies"

What’s your evidence? Because nothing done recently has supported American hegemony, even among our allies. Many of whom yes, are buying a bit more from us energywise, but a lot more from others all while accelerating decarbonisarion.

It’s always nice to think someone is in charge. The truth is modern societies are too complex to control in this cartoonish manner for any meaningful durations. People who convince themselves it is and wind up in power demonstrate the folly of that worldview repeatedly.

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

#72

Post by [deleted] »

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…

[deleted]

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

#73

Post by akudha »

SoftTalker wrote: post #47
catigula wrote: post #5

Earlier quoted context omitted.

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

The problem as I see it is more about a real habit of blaming the other side and keeping problems alive as wedge issues than actually solving anything. This was a problem before, and always has been to some extent, but seems to have gotten much worse since social media and twitter became ways for memes to spread virally. So much easier to get outraged about something the other guy is or is not doing, than to do the w…

Exploiting wedge issues is how the game of politics is played, isn't it? This has been the playbook forever. Find (or create) an enemy (real or imaginary) and rally supporters against them and keep the wedges/enemies in place, so it can be exploited forever. This is true nearly in all democracies. It would be nice if it wasn't but somehow politics generally seems to attract/promote the worst people in society.

It is upto to the voters to see past this.

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

#74

Post by JumpCrisscross »

piva00 wrote: post #56
JumpCrisscross wrote: post #38

Earlier quoted context omitted.

> 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.

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

I disagree. It’s the corruption of democratic politics with money. And rage-based content providers (on cable TV and social media) who take any consumer/worker surplus and ram it into invented culture wars.

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

#75

Post by triceratops »

buellerbueller wrote: post #70
triceratops wrote: post #32

Earlier quoted context omitted.

How will you get sortition without voting for a pro-sortition candidate?

I've thought a lot about this, because my state is heavily gerrymandered, and the legislature keeps voting to undermine several recently passed amendments (abortion rights, marijuana) to our state constitution. They also tried to change the threshold for passing a referendum from 50% + 1 vote to 60%, when it was clear that there was enough support to pass the abortion rights amendment. You do it via constitutional am…

> You do it via constitutional amendment, which is a popular referendum.

Aka...voting.

If you truly believe "voting doesn't work", as you first said (EDIT: that was someone else whose username starts with a "b" sorry), then this referendum won't go anywhere either.

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

#76

Post by SubiculumCode »

howmayiannoyyou wrote: post #64

Yes, purchasing power of USD declines with inflation. No, that doesn't mean over a long enough time horizon what most people think it means. USD has declined significantly since 2017 ( https://fred.stlouisfed.org/series/CUUR0000SA0R ), but what it buys has substantively changed. - You couldn't buy continous glucose monitors, OTC hearing aids, home heart monitors using your cellphone or watch or countless medications…

California has 4 seasons of growing weather, good soil, and conditions that help against rot. The lack of water is exactly why it's good for growing stuff, if you can get the water. Excess water ruins crops all the time.

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

#77

Post by JumpCrisscross »

virgildotcodes wrote: post #51
JumpCrisscross wrote: post #38

Earlier quoted context omitted.

> 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.

> this has been a very intentional propaganda effort by the most powerful actors in society spanning decades

There is no evidence it was highly coordinated and many reasons to believe it’s emergent. Cable TV and then social media created systems competing for attention. The content originators became increasingly decentralized, increasing both diversity and ruthlessness.

> Disorganized masses are largely powerless against that sort of effort

Historically untrue. Starving, uneducated masses are easy to repress. Distracted masses only so long as they look away. And I think we’re seeing signs the American voter isn’t looking away.

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

#78

Post by ramon156 »

triceratops wrote: post #8
catigula wrote: post #5

Earlier quoted context omitted.

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

> 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

Not doing anything is also not working. Denying it is worse than saying its broken. It's clear as day.

Key figures, wealth, etc. Shouldn't influence their power to this extend. The general public isn't silent, it's silenced.

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

#80

Post by JumpCrisscross »

triceratops wrote: post #75
buellerbueller wrote: post #70

Earlier quoted context omitted.

I've thought a lot about this, because my state is heavily gerrymandered, and the legislature keeps voting to undermine several recently passed amendments (abortion rights, marijuana) to our state constitution. They also tried to change the threshold for passing a referendum from 50% + 1 vote to 60%, when it was clear that there was enough support to pass the abortion rights amendment. You do it via constitutional am…

> You do it via constitutional amendment, which is a popular referendum. Aka...voting. If you truly believe "voting doesn't work", as you first said (EDIT: that was someone else whose username starts with a "b" sorry), then this referendum won't go anywhere either.

They didn’t say that! That was kitty Caligula.
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