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U.S. annual inflation rate drops to 8.5%

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Re: U.S. annual inflation rate drops to 8.5%

#871

Post by ChrisLomont »

MisterBastahrd wrote: post #857
ChrisLomont wrote: post #791

Earlier quoted context omitted.

Do you have a source other than hearsay about the doubling? I find nothing in their rates (or rates published by watchdogs) that indicates a double payment. I only see places like Fox News style "some people have claimed..." stories. The only actual stories with solid data say the increase is due to natural gas prices, which have not nearly doubled, so it'd be surprising that the end product doubled. And stories show…

You can go to the New Orleans subreddit and find people who are complaining about their electric bills there. I never mentioned inflation because it's not really big on their list of complaints, and there's nothing about that group which would make me believe that they're lying.

I looked at some of those. I find plenty of cases where someone had a broken meter, was undercharged, then was charged to catch up. The electric company allows them to pay over time if needed in all cases.

I looked through New Orleans rates. They never doubled.

I find zero cases where the electric rates doubled, which is what the person here claimed.

As far as complaints, I can find people here complaining their rates doubled, when in fact they did not. Going to another place is not much different than here.

As far as I have found, no electric company doubled rates, contrary to lots of hearsay.

Re: U.S. annual inflation rate drops to 8.5%

#872

Post by Balero »

stuckinhell wrote: post #726
Balero wrote: post #210

Earlier quoted context omitted.

>- if Ukraine doesn’t surrender, we can expect less food production and potential oil disruption to center Europe If Russia doesn't surrender. Don't put the responsibility of global food prices on the people being repressed and killed in their own homes. Do it on the aggressors and war criminals.

In the real world, we all know Russia isn't going to surrender, and Ukraine is going to lose. That's why western leaders are putting distance between them and ukraine

> That's why western leaders are putting distance between them and Ukraine reply

Where is this happening? The US sent another $Billion three days ago: https://www.defense.gov/News/Releases/Release/Article/312005...

Western leaders have stopped visiting because they just did a few months ago, they don't need some official state visit merry-go-round to show support.

Also we do not "all know Ukraine is going to lose". In the real world, this is looking like a complete embarrassment for the Russian military. Hell we all knew the Taliban lost in Afghanistan in 2002 as well, and this is going much much better for Ukraine than it was for them.

Re: U.S. annual inflation rate drops to 8.5%

#873

Post by [deleted] »

randomdata wrote: post #813
NotTameAntelope wrote: post #810

Earlier quoted context omitted.

Quoted post unavailable.

What is it that you thought? Your comment is unclear. That you, deep down, knew your appeal to emotion would fail? Being from the West, my uneducated, tribalist-driven opinion says that Russia is not justified. But, again, not my area of expertise and not a subject I have much interest in. I do, however, enjoy the subject of language which is why I am participating in this conversation about the use of language. Let'…

[deleted]

Re: U.S. annual inflation rate drops to 8.5%

#874

Post by deanmoriarty »

parkingrift wrote: post #869
bamboozled wrote: post #344

Earlier quoted context omitted.

Your mortgage repayments won't go up too?

Anyone answering “no” to this is wrong. A mortgage payment includes insurance, various property taxes, principle, interest, and sometimes other items such as mortgage insurance. Principle and interest are fixed for most people. Mortgage insurance, as an example, is fixed. Everything else is variable. The vast majority of buyers will see huge changes (increases) to their property taxes and insurance over the lifetime…

I have a very detailed spreadsheet where I modeled everything, maintenance expenses, taxes, fees and the opportunity cost of all those maintenance expenses going up over time as opposed to invest them in the market. I couldn’t find any online calculator that was as thorough as mine, as they all suffered from some variation of what you are describing.

In almost every single test I’ve done, buying becomes way cheaper than renting and investing the difference after 5-10 years. Pretty much the only case where renting gets ahead is basically if the house appreciates less than the rate of inflation (again, painting broad strokes here, please do not interpret me too literally), or if one wants to move too frequently (my case).

This is not because housing is some magic investment, but because fixed cheap leverage is. If I could get a 30 year fixed-rate cheap non-callable loan to invest in market indexes, it would be a similar situation, but margin is an incredibly riskier different instrument.

Re: U.S. annual inflation rate drops to 8.5%

#876

Post by tppiotrowski »

kortilla wrote: post #527
tppiotrowski wrote: post #205

Earlier quoted context omitted.

If you want to replace gas stations with EV charging stations that 'full-up' your car in less than 5 minutes, you're right. But if every parking space just gets 1KW of solar panel ~$500 and sun shines for 10 hours a day, you probably have enough power for the 30 miles of daily commute. A car sits idle for 90% of the day. We can use this time to charge it. It's not the long road trip use case but I think will put a bi…

> ~$500 and sun shines for 10 hours a day I’m not gonna spend 10 hours in an office and definitely not from sunrise to sunset. Also, 10 hours of sunshine in a day is a rarity in most of the US, especially during the winter.

Every parking space will have a 1KW charging panel so anytime you're not using your car it will charge. No need to stay at the office. Go about your day and every time you park your car it'll recharge.

Re: U.S. annual inflation rate drops to 8.5%

#877

Post by [deleted] »

randomdata wrote: post #813
NotTameAntelope wrote: post #810

Earlier quoted context omitted.

Quoted post unavailable.

What is it that you thought? Your comment is unclear. That you, deep down, knew your appeal to emotion would fail? Being from the West, my uneducated, tribalist-driven opinion says that Russia is not justified. But, again, not my area of expertise and not a subject I have much interest in. I do, however, enjoy the subject of language which is why I am participating in this conversation about the use of language. Let'…

[deleted]

Re: U.S. annual inflation rate drops to 8.5%

#878

Post by tim333 »

Balero wrote: post #519
lettergram wrote: post #463

Earlier 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…

You are right there are lots of real information out there. You have picked a 1. random unpopular youtube channel (which might be good, I couldn't verify anything from it, as I couldn't find who ran it, if you know I am happy to be proved wrong) and 2. A disbarred barrister https://twitter.com/markgaleotti/status/927087181532991489?l... . There is much better information to pick than this! Any information will have a…

If you want a take from the former general in charge of US forces in Europe rather than randos and disbarred barristers, this stuff is more optimistic:

"Ukrainian forces could wipe out all of 'exhausted' Russian troops' territorial gains, retired US general says" https://www.businessinsider.com/ukraine-exhausted-russian-tr...

There was also an interesting take on the business before the war even started by Mikhail Khodarenok - ex-head ... of the Main Operational Directorate of the General Staff of the RF Armed Forces, Colonel https://nvo.ng.ru/realty/2022-02-03/3_1175_donbass.html In Russian but Google translate works well. It points out a lot of difficulties that seem to have come to pass including:

>It is also worth recalling that the mighty Stalinist NKVD and the multi-million Soviet army fought the nationalist underground in Western Ukraine for more than 10 years. And now there is an option that the whole of Ukraine can easily go into the partisans. In addition, these formations can easily begin to operate already on the territory of Russia.

which seems to be playing out just now with stuff blowing up in Crimea and Belarus.

Re: U.S. annual inflation rate drops to 8.5%

#879

Post by [deleted] »

randomdata wrote: post #813
NotTameAntelope wrote: post #810

Earlier quoted context omitted.

Quoted post unavailable.

What is it that you thought? Your comment is unclear. That you, deep down, knew your appeal to emotion would fail? Being from the West, my uneducated, tribalist-driven opinion says that Russia is not justified. But, again, not my area of expertise and not a subject I have much interest in. I do, however, enjoy the subject of language which is why I am participating in this conversation about the use of language. Let'…

[deleted]

Re: U.S. annual inflation rate drops to 8.5%

#880

Post by HelloMcFly »

chaorace wrote: post #230
HelloMcFly wrote: post #192

Earlier quoted context omitted.

I'm not trying to be glib or intentionally controversial, but: is this a "market correction" for beef not really being as sustainable at recent consumption levels? Is it a bad thing if beef becomes significantly more expensive?

Not to pull the "facts don't care about feelings" card... but markets don't care about long-term sustainability so long as medium-term growth can be expected. Such a correction for unsustainable markets will eventually come, but not on a timescale relevant to current events. I don't personally think rising beef prices are an issue, though. Nobody is going to starve because they're being priced out of a steak. I will…

I was more thinking about how subsidized beef consumption is, at least in America. I was thinking less about sustainability from an environmental standpoint, though I think the environmental cost of beef is one of the things that is hidden by the way we subsidize the industry.
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