Financial topics

[richard5za]

"The all items index rose 6.8 percent for the 12 months ending October, the
largest 12-month increase since the period ending June 1982."

https://www.bls.gov/news.release/cpi.nr0.htm

I had predictions of 6.6, 6.7, 6.9. So this is only slightly above the average of those.
Question now is if the highest inflation in 39 years is enough to make people worry about inflation, or it will take more than this.

So far the pre-market did not even budge.

Futures appear to be going up!

[vincecate]

Now the pre-market is up 0.6% (was up 0.3% before CPI). Nuts.

[vincecate]

Futures appear to be going up!

Crazy. Kind of expect that before the end of the day people realize this is not a good thing.

[vincecate]

Cleveland Fed now estimating 6.98% CPI for December.

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

They have been low most of the time this year I think.

[John]

** 10-Dec-2021 World View: CPI during Tulipomania bubble

> John: For earlier Turnings, you might be interested in this info
> on CPI from 1635 on https://www.in2013dollars.com/

Using this web site, I calculated the annual CPI changes for each year
from 1635-40:

1635-1636 +79.52%
1636-1637 -14.09%
1637-1638 -47.66% <<<< Tulipomania bubble crash in France
1638-1639 +64.18%
1639-1640 -12.73% <<<< Thirty Years War in France

[vincecate]

John, at what point would you feel inflation is a real problem? Like would CPI of 8%, or 9%, or 10% start to worry you?

I think your inflation view must be much closer to the typical person than I am as I think even 5% on CPI (which mostly ignores real housing costs) is a lot of inflation. But at some level it seems that even the typical person should get worried.

[John]

** 10-Dec-2021 World View: Real Problems

> John, at what point would you feel inflation is a real problem?
> Like would CPI of 8%, or 9%, or 10% start to worry you?

> I think your inflation view must be much closer to the typical
> person than I am as I think even 5% on CPI (which mostly ignores
> real housing costs) is a lot of inflation. But at some level it
> seems that even the typical person should get worried.

I don't know what you mean by "real problem." Here are some things
that I consider to be "real problems":

- The US debt is $29 trillion and growing
- The P/E ratio is over 30
- China is preparing for an invasion of Taiwan
- Russia is preparing for an invasion of Ukraine

6.8% inflation is at most a "small to medium problem" by comparison.

[vincecate]

I don't know what you mean by "real problem." Here are some things
that I consider to be "real problems":

- The US debt is $29 trillion and growing
- The P/E ratio is over 30
- China is preparing for an invasion of Taiwan
- Russia is preparing for an invasion of Ukraine

6.8% inflation is at most a "small to medium problem" by comparison.

Interesting. I think the US debt and P/E ratio are dangerous/urgent problems because the inflation is really 10% or so (again CPI cheats with "owner's equivalent rent"). If we had 1% inflation then 0% interest rates can work and debt and P/E are sort of ok. I think the chances of invasion go up as inflation weakens the USA. On the other hand, it is the $29 trillion in debt that will cause inflation to really get out of control. And some non-trivial amount of the trade-deficit with China is recycled to buy US stocks. After the stock market crashes, they may not be so interested in sending full containers to the USA and getting empty ones back, so inflation will probably shoot up after the market crashes. Russia sells a bit under $1 million barrels of oil a day to the USA and China sells most things on Amazon.com. If those invasions start, inflation could shoot up in the USA. So you can look at inflation as "just a symptom" or a "core problem". Interesting.

[aeden]

All numbers will be smoothed and are and will be.
They own this since we are under chattel law since we are all Kenesians now.
These maniacs of open border cults are just as guilty as the swamp.

The lack of the DOJ and border facts just murdered them in plain site.
They are just over paid Govenement killers.

Vote slaughter vote democrats.
Then they have the alleged back bone to tell us to close the door on facts.

Lie cheat steal burn loot murder.

All consent has been withdrawn they are regime criminals. Failed in life try hell = Filth

https://ca-times.brightspotcdn.com/dims ... 1237128382
https://twitter.com/i/status/1469182994669838339

https://twitter.com/i/status/1469182486102032384

[aeden]

They have convinced people they have value to forward. They do not since you started importing food and now fiat slaves for a
polit system that produces even less with even more worth less values. By year end we will have closed our 100 day window.
Inflation is your problem as you hand off an economy based in decrepid algoed minds. Go ahead blame whom ever and whatever you see in
the mirror into the next decade. Real inflation in a basket of goods you do not and are not even going to produce.
That moral vaccum has a cost basis.

...their strategy is to start as many new projects as possible and then build public support around them." DEC 10, AT 11:56 AM

The 41st Congress committed treason by illegally abandoning the Republic to form a corporation managed by the three branches of government from the incorporated District of Columbia. The Congress had no Constitutional authority to do so. It essentially used the same Constitution of 1789 and by changing one word in the title it in effect created a new legal document that became the corporate constitution for THE UNITED STATES, Inc.

Your true charter has run out with the owner of the gerden. Lie cheat steal burn loot murder is not a plan. It is a feature of rot.
You scoff at the term grain colony pretending you made it to civilization. All we seen was Bob Bish looted from thier own also
ignoring the diseased minds that put them there and elicited as response in support.

Sismondi was right about the level of regards of the circles.

Sismondi coined the term proletariat, from the class of proletarii (from proles, Latin from offspring) the lowest class in ancient Rome. To give one more sample of Sismondi's perceptiveness: he pointed out that the combination of capital and labor under existing conditions increased the value of each and produced a mieux-valeur. This is close to the Mehrwert by which Marx demonstrated that labor was exploited. Sismondi's critique of political economy dates from 1818, the year of Marx's birth.

The bourgeoisie will remember my carbuncles until their dying day, Marx told Engels in a letter from 1867.
https://www.zerohedge.com/political/doz ... -left-2021
The analysis we utilized is from the 1840 to 1884 intellectual pivot point from the Pari café liberals Sismondi mentioned also.
As it was written the mark of the of Beast composite overlay with Amos and Daniel.
Hobsons choice in a Overton window for them.
The Fig tree or two olive Trees for the ones paying attention.
More did not.

For some who can jump the pond to effects consider what Brezhnev did to Khrushchev to take power and how.
Plain site into the Andropov solution then and what was adapted. These facts are self evident to the the upper and lower criticisms
seen as such.

They kicked the door off the hinges and now convey close the door.

Sun Jun 21, 2009 8:29 pm
The wage arbiters started in 1987 locally on these effects. For our cluster group it was 1979 as sticky wages was still ignored.
Clueless is a condition. Only query was fair trade not free as Romer and cults subsidized out tax capital flows. As we noted your decades late to intent.

You have been lied to all your lives.
You also missed the irony of you can keep your Doctor also.

thread: amos, bantu, kadesh, Sogo Shosha, taproot
pretext: viewtopic.php?p=9203#p9203

https://www.youtube.com/watch?v=diTmxxmSf1Q