Shortages and price variations where you are

#178
#178
Ernest T. Vol said:
... or borrow at fixed rates in today's dollars, paying back in tommorrow's. Transfer of wealth to the borrower. Biden may erase everyone's school debt after all.
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Go ahead and try that.

They will likely hyper inflate the dollar and have to devalue the currency to the point where that $5000 in your bank account or in your pocket has some zeroes chopped off and it's only worth $50. But meanwhile, that debt you owed in the old currency will now have to be repaid back
(same nominal principle) in your newly devalued dollars.

The banks will always win.
 
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#179
#179
LouderVol said:
Your original stance seems flawed.

Have asylum seekers been a large enough population to be a market driver? I get in an absolute sense that even 1 is an impact, but is 80k a year enough to matter? And that's the entire population, looks like Trump got it down to 45k, so a loss of only 35k a year.

Refugees and Asylees in the United States

And that's vs more than a million green cards a year.
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He has asylum seekers confused with illegal immigrants. A true asylum seeker is seeking asylum from political persecution. Not cartels or poverty.
 
#180
#180
Rasputin_Vol said:
Go ahead and try that.

They will likely hyper inflate the dollar and have to devalue the currency to the point where that $5000 in your bank account or in your pocket has some zeroes chopped off and it's only worth $50. But meanwhile, that debt you owed in the old currency will now have to be repaid back
(same nominal principle) in your newly devalued dollars.

The banks will always win.
Click to expand...

I do agree with this part. A giant wealth transfer from the puppet masters won't happen. One of the reasons I don't think the big spending bill gets through.
 
#182
#182
Ernest T. Vol said:
I do agree with this part. A giant wealth transfer from the puppet masters won't happen. One of the reasons I don't think the big spending bill gets through.
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I've heard far too many people talking about playing that sort of debt game with interest rates being so low and expecting the rules to stay the same whenever the chessboard gets knocked over.

In debt is not where you want to be anytime, but especially right now with so much uncertainty.

If I'm not mistaken (and I'm going off of memory so I could easily be wrong), but I thought the very scenario I'm talking about with debt and devalued currency happened during the Mexican Tequila Crisis in the 1990s.
 
#183
#183
GVF said:
He has asylum seekers confused with illegal immigrants. A true asylum seeker is seeking asylum from political persecution. Not cartels or poverty.
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That's not the only definition. The cartels run those countries anyways
 
#184
#184
Rasputin_Vol said:
I've heard far too many people talking about playing that sort of debt game with interest rates being so low and expecting the rules to stay the same whenever the chessboard gets knocked over.

In debt is not where you want to be anytime, but especially right now with so much uncertainty.

If I'm not mistaken (and I'm going off of memory so I could easily be wrong), but I thought the very scenario I'm talking about with debt and devalued currency happened during the Mexican Tequila Crisis in the 1990s.
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Blood in the scuppers if that happened. We bailed Mexico out. Who bails us out? China?
 
#185
#185
GVF said:
And you fail the reading comp test. He already made correction after his error and before your post.
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And you fail both the logical reasoning test and the truthfulness of post test.
He did not make the correction by editing his post. If one was to read the thread in order, they would come to his uncorrected post before ever seeing the post where he acknowledged his error.
 
#188
#188
luthervol said:
And you fail both the logical reasoning test and the truthfulness of post test.
He did not make the correction by editing his post. If one was to read the thread in order, they would come to his uncorrected post before ever seeing the post where he acknowledged his error.
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I never said he edited his post. I just said he corrected his error. But, you stopped in chronological order at his errored post to dis him on that without first reading on to see that he had admitted his error.

My actual statement "he corrected after his error and before your post."
 
#189
#189
GVF said:
I never said he edited his post. I just said he corrected his error. But, you stopped in chronological order at his errored post to dis him on that without first reading on to see that he had admitted his error.

My actual statement "he corrected after his error and before your post."
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Which has nothing at all to do with reading comprehension. (which is the test you said I failed)
Maybe it's you who is to quick to "dis" without thinking.
 
#190
#190
luthervol said:
Which has nothing at all to do with reading comprehension. (which is the test you said I failed)
Maybe it's you who is to quick to "dis" without thinking.
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You failed to comprehend that you should have first kept reading. Reading Comprehension.
 
#192
#192
luthervol said:
lol.....
That's not even a mediocre attempt at saving your a$$.
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Truth requires no saving. You dissed him on a post he had already corrected. If you had read a very few more posts before you felt compelled to dis him, you would have seen your remark was very unnecessary. But, Luth had to be Luth.
 
#193
#193
n_huffhines said:
Trump's chamber of commerce told us we were 1 million workers short 2018ish, so 4 years x 35k is over 10% of what the shortage was and I think that makes a difference, yes. It's 6.75% of the current labor shortage, and I think that also makes a difference.

And you mention refugees...70k in 2015 were resettled. Trump got it down to 15k.

Plus all the other forms of restriction...
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Does that worker shortage stay constant? Like is that literally because we have more jobs than work force? Or is it people not working?

Either is a shortage, but only one "has" to be solved with an outside workforce. Especially strange if you are counting on asylum seekers as a constant enough workforce to make up some difference.
 
#194
#194
LouderVol said:
Does that worker shortage stay constant? Like is that literally because we have more jobs than work force? Or is it people not working?

Either is a shortage, but only one "has" to be solved with an outside workforce. Especially strange if you are counting on asylum seekers as a constant enough workforce to make up some difference.
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We have 10 million jobs available and 8 million unemployed looking for work, so a labor shortage of 2M, and no, it doesn't stay constant. I think this was the thread and same convo where I cited Trump's chamber of commerce had it at 1M just a few years back, so it's doubled. In recent history, we usually have a worker surplus, but still end up with lots of job openings. Just because workers are looking doesn't mean they're going to accept the wage, conditions, or move, or whatever the job requires, and immigrants are willing.

It doesn't have to be solved that way, but it was partly solved that way and now that problem is worse. Why shouldn't we count on asylum seekers that we've been integrating for years? Again, 140k workers is not nothing, and that's just one example of immigration restriction.
 
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#195
#195
Rasputin_Vol said:
Go ahead and try that.

They will likely hyper inflate the dollar and have to devalue the currency to the point where that $5000 in your bank account or in your pocket has some zeroes chopped off and it's only worth $50. But meanwhile, that debt you owed in the old currency will now have to be repaid back
(same nominal principle) in your newly devalued dollars.

The banks will always win.
Click to expand...
That's not the way that works. Your $5,000 liability is still $5,000. After a massive devaluation, you still repay the same $5,000. In your example, it's just that the $5,000 is now only worth $50 in today's dollars. The issue with hyperinflation is that now it costs $100 to buy a bag of 5 apples. No bueno.
 
#196
#196
It'd be more helpful to look at total immigration numbers than to focus on one type. If you look at the last 2 years where the economy was growing substantially, it was 2006 and 2016 (pre and post recession). We did 1.27m and 1.18m those two years. Then under Trump when we were booming, we did 1.13m, then 1.1m, then 1.03m. Conservatively, we ended up with 280k fewer in just 3 years.
 
#197
#197
Rasputin_Vol said:
I've heard far too many people talking about playing that sort of debt game with interest rates being so low and expecting the rules to stay the same whenever the chessboard gets knocked over.

In debt is not where you want to be anytime, but especially right now with so much uncertainty.

If I'm not mistaken (and I'm going off of memory so I could easily be wrong), but I thought the very scenario I'm talking about with debt and devalued currency happened during the Mexican Tequila Crisis in the 1990s.
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The issue in many countries, such as Argentina, is that they cancel their current currency and issue a new currency that is largely worthless.
 
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#198
#198
Rasputin_Vol said:
There has been a chicken wing shortage in this country since this past February. The local meat market that I normally buy my wings from hasn't had a steady supply since the Super Bowl. It has slightly improved over the last few weeks, but between March and July/August, it was hit or miss going in that place.
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I’m pretty sure they’ve known these shortages were coming for a year. Last year farmers were getting paid to cull their livestock.

Millions of farm animals culled as US food supply chain chokes up | US news | The Guardian
 
#199
#199
Unlike a lot of commodities which are escalating in price, platinum and palladium are dropping. Makes the catalyst business very tricky.
 
#200
#200
Frozen pizzas. Like half the section is normally empty. Gatorade as well here. Cereal. Certain kinds (not just Kellogs) is not there. And at our local sams club. They will either have 25 pallets of paper towels or 25 pallets of toilet paper. They don’t get the other till the other sells out.
 
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