Financial topics

[aeden]

We posted a white paper on just that effect when FDR was in Office.
I will find it as we recorded in the forum.
This was discussed Sat Feb 20, 2016 4:09 pm also.

thread: Higgs, Robert. "How FDR Made the Depression Worse." The Free Market 13, no. 2 (February 1995).

Capital was driven out of the market for those who knew what they planned.

Prices rose in 36 of 40 industrial sectors last month.

We never got an answer from the newly produced taproot tax absconders true believer cult as we observe
the usual suspects embrace the store of value semantics. The direct query was the north fork addition.
No they had no answer since they never had a clue what was already underway.
https://www.youtube.com/watch?v=vhH8ZvGtl_Y

[vincecate]

The issue of PPI vs CPI divergence is a new one for me, and I'll try
to research it in the days and weeks to come.

I think a big part is that 30% of CPI is "owners equivalent rent" which is where they ask people who do not rent what they think their house could rent for. They call this "data" but really they are just asking people to make up numbers out of their ass.
The people that bought a house remember what their old rent was but don't know current rents. So the number tends to be way behind reality.
They used to use actual rents and actual house prices, but that makes for a higher CPI and they don't like that.
But if PPI is using actual data and CPI is using numbers from peoples asses, then they will diverge.

If you used actual rents and actual house prices then the CPI right now would be in the 8 to 9% range like the PPI.
So there would not be a divergence.

[aeden]

Chapwood index trended it for a long time also.
Updated and released twice a year, it reports the unadjusted actual cost and price fluctuation of the top 500 items on which Americans spend their after-tax dollars in the 50 largest cities in the nation.

Dotguv was butthurt the agitprop numbers they released was utter butt shit for the crayon chewers.
Polite way to discuss bullshit since the Brettin Woods period since the FDR cults.

https://www.cfr.org/expert/benn-steil

As we are the Carlisle takeover of Virginia just commenced.
Even Bob Bish gets the point they got what was advertised from the cretins who ripped them off.
As we clearly warned Bib Bish the Brother we cannot reach.

Labor liked him. Black leaders liked him. Colleagues like him. Nobody loved him, but that was not in the job specs.

Biden is a deranged lunatic and even He knows it.
https://www.zerohedge.com/energy/bidens ... o-bankrupt
The only thing dumber than democrat's are alleged democrats that contend and convey " them said " it was ok.

[aeden]

US records highest increase in nation's homicide rate in modern history in Biden's America.
Still you ignore what is already here.
Some action today as the sheep think the economy is the market.
https://www.youtube.com/watch?v=GhpdVB8Bgcc

[John]

** 10-Nov-2021 World View: FDR

> We posted a white paper on just that effect when FDR was in
> Office.

> I will find it as we recorded in the forum.

> This was discussed Sat Feb 20, 2016 4:09 pm also.

> thread: Higgs, Robert. "How FDR Made the Depression Worse." The
> Free Market 13, no. 2 (February 1995).

> Capital was driven out of the market for those who knew what they
> planned.

> Prices rose in 36 of 40 industrial sectors last month.

> We never got an answer from the newly produced taproot tax
> absconders true believer cult as we observe

> the usual suspects embrace the store of value semantics. The
> direct query was the north fork addition.

> No they had no answer since they never had a clue what was already
> underway.

> https://www.youtube.com/watch?v=vhH8ZvGtl_Y

This is a bit obscure. What does this have to do with PPI vs CPI?

[aeden]

https://www.banking.senate.gov/newsroom ... she-hiding

The novel idea cpi matters is like Kassandra and the destruction of Troy and facts to the Trojans about the Greeks.

http://upload.wikimedia.org/wikipedia/c ... sandra.jpg

You of all know better what is here on these Shores. The period to be seen within the next year as the the rider of the white horse and
the bow as the Amerikan Empire is given the international mental rot.

[richard5za]

The Cleveland Fed now estimates November CPI to be 6.60%.
A 6.6% CPI would bother more than 6.2% does. If Cleveland Fed is as far off on Dec 10th as they were
today then we could see over 7%.

https://www.clevelandfed.org/our-resear ... sting.aspx

So yearly inflation is going up like 0.5% per month and the Fed's plan to control this is to print slightly less each month.
A real plan, like Volker plan or "Taylor Rule", would require 10% interest rates.
That of course would kill the stock market and the economy.
So they can't do that. So we head on toward hyperinflation.

If you look at what makes up the October 6.2% then I agree with you that inflation is now firmly in place. So how to deal with it? Ask the Germans? They lost their savings twice in 25 years, 1923 and 1948. It may happen but its a bad idea versus taking the correction

[vincecate]

So they can't do that. So we head on toward hyperinflation.

If you look at what makes up the October 6.2% then I agree with you that inflation is now firmly in place. So how to deal with it? Ask the Germans? They lost their savings twice in 25 years, 1923 and 1948. It may happen but its a bad idea versus taking the correction

Hyperinflation is a very bad thing. However, on any particular day the central banker sees the choices of "crash the market and bankrupt the government by raising rates" and "print money for one more day" and always goes for one more day. The end result after many days (hyperinflation destroying the economy) is far worse than if they had let the markets really crash in 2008, but they had a lot of days they did not have to make the hard choice.

[Cool Breeze]

The Cleveland Fed now estimates November CPI to be 6.60%.
A 6.6% CPI would bother more than 6.2% does. If Cleveland Fed is as far off on Dec 10th as they were
today then we could see over 7%.

https://www.clevelandfed.org/our-resear ... sting.aspx

So yearly inflation is going up like 0.5% per month and the Fed's plan to control this is to print slightly less each month.
A real plan, like Volker plan or "Taylor Rule", would require 10% interest rates.
That of course would kill the stock market and the economy.
So they can't do that. So we head on toward hyperinflation.

If you look at what makes up the October 6.2% then I agree with you that inflation is now firmly in place. So how to deal with it? Ask the Germans? They lost their savings twice in 25 years, 1923 and 1948. It may happen but its a bad idea versus taking the correction

Rich, at this point things are way too far gone to take a step towards correction - that would have been possible in 2008 but not now. The generational demographics make the deflating of the stock market a national security issue, as Luke Gromen has pointed out frequently.

[richard5za]

So they can't do that. So we head on toward hyperinflation.

If you look at what makes up the October 6.2% then I agree with you that inflation is now firmly in place. So how to deal with it? Ask the Germans? They lost their savings twice in 25 years, 1923 and 1948. It may happen but its a bad idea versus taking the correction

Hyperinflation is a very bad thing. However, on any particular day the central banker sees the choices of "crash the market and bankrupt the government by raising rates" and "print money for one more day" and always goes for one more day. The end result after many days (hyperinflation destroying the economy) is far worse than if they had let the markets really crash in 2008, but they had a lot of days they did not have to make the hard choice.

You are right, Vince. There's beena lot of wasted days!!