Capitalism, The Fed and Economic Policy
Comments
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I see, understood. Didn't think of it as contentious, but I wasn't making the connection you just articulated.Lerxst1992 said:mrussel1 said:
Jamie Dimon isn't talking about eggs in this discussion though. I'm not arguing that eggs aren't on the rise, but I'm not aware of us importing eggs in large numbers. I think it's just a small fraction compared to what we produce.Lerxst1992 said:mrussel1 said:
Totally misconstrued what Dimon said, out of context. I read this interview yesterday because I think Jamie Dimon is the smartest guy in business and he is more left than right, but tries to be politically agnostic. His point was, if a little tariff is inflationary, but good for national security, that might be a good tradeoff. But it's happening so businesses needs to "get over it" and prepare. He was talking about business leaders, not "people".mickeyrat said:Inflationary may not be related to tariffs in many instances. Eggs, a basic staple, and connected to a ton of other products, prices are rising fast. Harris and Biden were terrible at the inflation argument.
The issue with the first trump term was that he was asleep at the wheel. While arguing his election conspiracies Non stop, the supply chain broke, and the inflation crisis of 2021 was born. Harris didn’t even attempt to pin inflation on trump. Democrats are lost beyond lost.
this is history repeating itself. Trump controls the narrative, focus on tariffs, as an American net export product is set to push up inflation. Trump and our now missing gop friends will find out about this in a few months, when it’s too late to stop the impact on this causing inflation throughout the grocery store. Where you at shecky and choccolotide?
..
from axios,Egg prices are climbing to new record highs daily, Karyn Rispoli, managing editor for eggs in the Americas for price-reporting service Expana, tells Axios.
- A dozen large eggs in the Southeast and South Central "will be north of $7," while Midwest eggs are $6.95, Rispoli said Tuesday.
- Brian Moscogiuri, a global trade strategist at Eggs Unlimited, an egg supplier based in Irvine, California, told Axios that the "transactional values of eggs are as high as we've ever seen them."
- "Some of the retailers are short because their suppliers have been directly impacted and their replacement cost is extremely high right now because there's not much egg to be had in the market," he said.
Wasn’t looking to be contentious, just that the egg story is being ignored by the media now as they focus on tariffs. Eggs do have a surprising impact on food prices, and ya know the high grocery costs won him the election because when it suited him, food prices were everything and tariffs were almost ignored by voters during the campaign.0 -
Eggs, flour, milk, butter, vegetable oil, sugar all have a down market impact on prices like gas at the pump. Gas goes up it impacts other sectors of the economy. Price of basic raw commodities/ingredients goes up, cost of groceries/dining out/ fast food goes up. But hey, just stop buying gas or eggs, that’ll show em.mrussel1 said:
I see, understood. Didn't think of it as contentious, but I wasn't making the connection you just articulated.Lerxst1992 said:mrussel1 said:
Jamie Dimon isn't talking about eggs in this discussion though. I'm not arguing that eggs aren't on the rise, but I'm not aware of us importing eggs in large numbers. I think it's just a small fraction compared to what we produce.Lerxst1992 said:mrussel1 said:
Totally misconstrued what Dimon said, out of context. I read this interview yesterday because I think Jamie Dimon is the smartest guy in business and he is more left than right, but tries to be politically agnostic. His point was, if a little tariff is inflationary, but good for national security, that might be a good tradeoff. But it's happening so businesses needs to "get over it" and prepare. He was talking about business leaders, not "people".mickeyrat said:Inflationary may not be related to tariffs in many instances. Eggs, a basic staple, and connected to a ton of other products, prices are rising fast. Harris and Biden were terrible at the inflation argument.
The issue with the first trump term was that he was asleep at the wheel. While arguing his election conspiracies Non stop, the supply chain broke, and the inflation crisis of 2021 was born. Harris didn’t even attempt to pin inflation on trump. Democrats are lost beyond lost.
this is history repeating itself. Trump controls the narrative, focus on tariffs, as an American net export product is set to push up inflation. Trump and our now missing gop friends will find out about this in a few months, when it’s too late to stop the impact on this causing inflation throughout the grocery store. Where you at shecky and choccolotide?
..
from axios,Egg prices are climbing to new record highs daily, Karyn Rispoli, managing editor for eggs in the Americas for price-reporting service Expana, tells Axios.
- A dozen large eggs in the Southeast and South Central "will be north of $7," while Midwest eggs are $6.95, Rispoli said Tuesday.
- Brian Moscogiuri, a global trade strategist at Eggs Unlimited, an egg supplier based in Irvine, California, told Axios that the "transactional values of eggs are as high as we've ever seen them."
- "Some of the retailers are short because their suppliers have been directly impacted and their replacement cost is extremely high right now because there's not much egg to be had in the market," he said.
Wasn’t looking to be contentious, just that the egg story is being ignored by the media now as they focus on tariffs. Eggs do have a surprising impact on food prices, and ya know the high grocery costs won him the election because when it suited him, food prices were everything and tariffs were almost ignored by voters during the campaign.09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
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It's eight years old but a hilarious song was written about this:mickeyrat said:mrussel1 said:
Totally misconstrued what Dimon said, out of context. I read this interview yesterday because I think Jamie Dimon is the smartest guy in business and he is more left than right, but tries to be politically agnostic. His point was, if a little tariff is inflationary, but good for national security, that might be a good tradeoff. But it's happening so businesses needs to "get over it" and prepare. He was talking about business leaders, not "people".mickeyrat said:
no no no. corporations are people too. just ask scotus.
https://jackshalom.net/2017/12/28/businesses-are-people-too/#respond1995 Milwaukee 1998 Alpine, Alpine 2003 Albany, Boston, Boston, Boston 2004 Boston, Boston 2006 Hartford, St. Paul (Petty), St. Paul (Petty) 2011 Alpine, Alpine
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I think they are more concerned about more important issues like calling a body of water something other than what it's been referred to for centuries. You know, the real issues, affecting REAL AMERICANS.Lerxst1992 said:The Juggler said:I just came back from the grocery store. $12 for a dozen eggs?!?!?!?
THANKS A LOT TRUMP!Let’s flag @shecky and @Choccoloccotide because I miss them because they are so concerned about fixing the economy. Great start fella!
maga!www.myspace.com0 -
The Juggler said:
I think they are more concerned about more important issues like calling a body of water something other than what it's been referred to for centuries. You know, the real issues, affecting REAL AMERICANS.Lerxst1992 said:The Juggler said:I just came back from the grocery store. $12 for a dozen eggs?!?!?!?
THANKS A LOT TRUMP!Let’s flag @shecky and @Choccoloccotide because I miss them because they are so concerned about fixing the economy. Great start fella!
maga!
1993: 11/22 Little Rock
1996; 9/28 New York
1997: 11/14 Oakland, 11/15 Oakland
1998: 7/5 Dallas, 7/7 Albuquerque, 7/8 Phoenix, 7/10 San Diego, 7/11 Las Vegas
2000: 10/17 Dallas
2003: 4/3 OKC
2012: 11/17 Tulsa(EV), 11/18 Tulsa(EV)
2013: 11/16 OKC
2014: 10/8 Tulsa
2022: 9/20 OKC
2023: 9/13 Ft Worth, 9/15 Ft Worth0 -
Gas up to $2.93 two weeks ago it was $2.79The Juggler said:I just came back from the grocery store. $12 for a dozen eggs?!?!?!?
THANKS A LOT TRUMP!jesus greets me looks just like me ....0 -
Trumpflation has started. Figures.josevolution said:
Gas up to $2.93 two weeks ago it was $2.79The Juggler said:I just came back from the grocery store. $12 for a dozen eggs?!?!?!?
THANKS A LOT TRUMP!0 -
Halifax2TheMax said:
Eggs, flour, milk, butter, vegetable oil, sugar all have a down market impact on prices like gas at the pump. Gas goes up it impacts other sectors of the economy. Price of basic raw commodities/ingredients goes up, cost of groceries/dining out/ fast food goes up. But hey, just stop buying gas or eggs, that’ll show em.mrussel1 said:
I see, understood. Didn't think of it as contentious, but I wasn't making the connection you just articulated.Lerxst1992 said:mrussel1 said:
Jamie Dimon isn't talking about eggs in this discussion though. I'm not arguing that eggs aren't on the rise, but I'm not aware of us importing eggs in large numbers. I think it's just a small fraction compared to what we produce.Lerxst1992 said:mrussel1 said:
Totally misconstrued what Dimon said, out of context. I read this interview yesterday because I think Jamie Dimon is the smartest guy in business and he is more left than right, but tries to be politically agnostic. His point was, if a little tariff is inflationary, but good for national security, that might be a good tradeoff. But it's happening so businesses needs to "get over it" and prepare. He was talking about business leaders, not "people".mickeyrat said:Inflationary may not be related to tariffs in many instances. Eggs, a basic staple, and connected to a ton of other products, prices are rising fast. Harris and Biden were terrible at the inflation argument.
The issue with the first trump term was that he was asleep at the wheel. While arguing his election conspiracies Non stop, the supply chain broke, and the inflation crisis of 2021 was born. Harris didn’t even attempt to pin inflation on trump. Democrats are lost beyond lost.
this is history repeating itself. Trump controls the narrative, focus on tariffs, as an American net export product is set to push up inflation. Trump and our now missing gop friends will find out about this in a few months, when it’s too late to stop the impact on this causing inflation throughout the grocery store. Where you at shecky and choccolotide?
..
from axios,Egg prices are climbing to new record highs daily, Karyn Rispoli, managing editor for eggs in the Americas for price-reporting service Expana, tells Axios.
- A dozen large eggs in the Southeast and South Central "will be north of $7," while Midwest eggs are $6.95, Rispoli said Tuesday.
- Brian Moscogiuri, a global trade strategist at Eggs Unlimited, an egg supplier based in Irvine, California, told Axios that the "transactional values of eggs are as high as we've ever seen them."
- "Some of the retailers are short because their suppliers have been directly impacted and their replacement cost is extremely high right now because there's not much egg to be had in the market," he said.
Wasn’t looking to be contentious, just that the egg story is being ignored by the media now as they focus on tariffs. Eggs do have a surprising impact on food prices, and ya know the high grocery costs won him the election because when it suited him, food prices were everything and tariffs were almost ignored by voters during the campaign.
less gasoline more like diesel fuel. vitrtually nothing doesnt come off a big truck.
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Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
One of those posters can't respond to you...Lerxst1992 said:The Juggler said:I just came back from the grocery store. $12 for a dozen eggs?!?!?!?
THANKS A LOT TRUMP!Let’s flag @shecky and @Choccoloccotide because I miss them because they are so concerned about fixing the economy. Great start fella!
It's a hopeless situation...0 -
_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
"I think both parties suck. But I think they do a really good job of making us not like each other…I wish people would understand that politicians do a good job of making us fight with each other." - Charles Barkleynicknyr15 said:
Exactly why I’ll never read any of those “tweets”. They’re mostly taken out of context with one goalmrussel1 said:
Totally misconstrued what Dimon said, out of context. I read this interview yesterday because I think Jamie Dimon is the smartest guy in business and he is more left than right, but tries to be politically agnostic. His point was, if a little tariff is inflationary, but good for national security, that might be a good tradeoff. But it's happening so businesses needs to "get over it" and prepare. He was talking about business leaders, not "people".mickeyrat said:
in mind…. To rile everyone up and hate the other side more.1993: 11/22 Little Rock
1996; 9/28 New York
1997: 11/14 Oakland, 11/15 Oakland
1998: 7/5 Dallas, 7/7 Albuquerque, 7/8 Phoenix, 7/10 San Diego, 7/11 Las Vegas
2000: 10/17 Dallas
2003: 4/3 OKC
2012: 11/17 Tulsa(EV), 11/18 Tulsa(EV)
2013: 11/16 OKC
2014: 10/8 Tulsa
2022: 9/20 OKC
2023: 9/13 Ft Worth, 9/15 Ft Worth0 -
Also hilarious that he ran on the "drill baby drill" stupidass mantra but now he's begging the Saudi's to increase production.josevolution said:
Gas up to $2.93 two weeks ago it was $2.79The Juggler said:I just came back from the grocery store. $12 for a dozen eggs?!?!?!?
THANKS A LOT TRUMP!
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That's odd, eggs here are $2.99/dozen. Am I supposed to thank Trump? How much are eggs normally? I don't purchase eggs myself, but I can send you some, Juggler, if you would like? Why is the price of eggs such a hot topic?The Juggler said:I just came back from the grocery store. $12 for a dozen eggs?!?!?!?
THANKS A LOT TRUMP!0 -
“I’m not a role model. I am not paid to be a role model.” Also, Sir Charles.DE4173 said:
"I think both parties suck. But I think they do a really good job of making us not like each other…I wish people would understand that politicians do a good job of making us fight with each other." - Charles Barkleynicknyr15 said:
Exactly why I’ll never read any of those “tweets”. They’re mostly taken out of context with one goalmrussel1 said:
Totally misconstrued what Dimon said, out of context. I read this interview yesterday because I think Jamie Dimon is the smartest guy in business and he is more left than right, but tries to be politically agnostic. His point was, if a little tariff is inflationary, but good for national security, that might be a good tradeoff. But it's happening so businesses needs to "get over it" and prepare. He was talking about business leaders, not "people".mickeyrat said:
in mind…. To rile everyone up and hate the other side more.09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
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Yes, I get the messenger would hijack the statement, but IMO it's spot on.1993: 11/22 Little Rock
1996; 9/28 New York
1997: 11/14 Oakland, 11/15 Oakland
1998: 7/5 Dallas, 7/7 Albuquerque, 7/8 Phoenix, 7/10 San Diego, 7/11 Las Vegas
2000: 10/17 Dallas
2003: 4/3 OKC
2012: 11/17 Tulsa(EV), 11/18 Tulsa(EV)
2013: 11/16 OKC
2014: 10/8 Tulsa
2022: 9/20 OKC
2023: 9/13 Ft Worth, 9/15 Ft Worth0 -
_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140 -
I guess this can go here.
good read
https://www.foreignaffairs.com/united-states/post-neoliberal-delusion0 -
Thank you for the article. Looking forward to reading it in its entirety.1993: 11/22 Little Rock
1996; 9/28 New York
1997: 11/14 Oakland, 11/15 Oakland
1998: 7/5 Dallas, 7/7 Albuquerque, 7/8 Phoenix, 7/10 San Diego, 7/11 Las Vegas
2000: 10/17 Dallas
2003: 4/3 OKC
2012: 11/17 Tulsa(EV), 11/18 Tulsa(EV)
2013: 11/16 OKC
2014: 10/8 Tulsa
2022: 9/20 OKC
2023: 9/13 Ft Worth, 9/15 Ft Worth0 -
interesting take. feels true.
_____________________________________SIGNATURE________________________________________________
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '140
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