Inflation

124678

Comments

  • GlennDog
    GlennDog Posts: 3,149
    edited May 2023
    sucks2beme wrote: »
    Right now I don't even know what type of ac system
    Installers are using. 410 is out. R454b is supposed to
    be the current one, but it won't meet new restrictions in
    California. It also shouldn't be used with a gas furnace
    because it's flammable.

    Phosgene gas has always been the byproduct of refrigerant-a-flame . . . . Put your cigarette out boys, as it’ll suck the oxygen right out of your lungs
    AC Regenerator PS Audio PerfectWave Power Plant 10
    Source Lumin U1 Mini into Lampizator Baltic 4 DAC
    Pre Cary SLP-05
    Power Rogue M180 Dark monos
    Mains Salk HT2-TL
    Rythmik F12
    · Share on FacebookShare on Twitter
  • txcoastal1
    txcoastal1 Posts: 13,499
    Government money is no different than big corp money....we are the investors. What suxks is when we invest and the higher ups still reap rewards
    2-channel: Modwright KWI-200 Integrated, Dynaudio C1-II Signatures
    Desktop rig: LSi7, Polk 110sub, Dayens Ampino amp, W4S DAC/pre, Sonos, JRiver
    Gear on standby: Melody 101 tube pre, Unison Research Simply Italy Integrated
    Gone to new homes: (Matt Polk's)Threshold Stasis SA12e monoblocks, Pass XA30.5 amp, Usher MD2 speakers, Dynaudio C4 platinum speakers, Modwright LS100 (voltz), Simaudio 780D DAC

    erat interfectorem cesar et **** dictatorem dicere a
    · Share on FacebookShare on Twitter
  • VR3
    VR3 Posts: 29,384
    The Deposit Insurance Fund (DIF) balance increased by $2.8 billion to $128.2 billion

    https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/index.html

    uzajvjijuvv0.jpeg

    v6ntvotobst6.jpg

    Please, by all means Kex, tell me more!



    - Not Tom ::::::: Any system can play Diana Krall. Only the best can play Limp Bizkit.
    · Share on FacebookShare on Twitter
  • txcoastal1
    txcoastal1 Posts: 13,499
    Kex wrote: »
    The FDIC is not government money.

    READ ABOVE....I know that as stated above, but our banking fee's/interest/bank earnings are pooled and paid into the FDIC to cover these situations as a whole.....just like any other insurance.
    2-channel: Modwright KWI-200 Integrated, Dynaudio C1-II Signatures
    Desktop rig: LSi7, Polk 110sub, Dayens Ampino amp, W4S DAC/pre, Sonos, JRiver
    Gear on standby: Melody 101 tube pre, Unison Research Simply Italy Integrated
    Gone to new homes: (Matt Polk's)Threshold Stasis SA12e monoblocks, Pass XA30.5 amp, Usher MD2 speakers, Dynaudio C4 platinum speakers, Modwright LS100 (voltz), Simaudio 780D DAC

    erat interfectorem cesar et **** dictatorem dicere a
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    It is a Federal Deposit Insurance Corporation. If the government steps in and says that a particular bank that failed due to mismanagement is going to have all its depositors insured regardless of the amount it is interfering with the free market capitalist system ie. picking winners and losers. Why would large account holders deposit in the other banks that are not protected if they can be fully insured in those banks? But that is not the worst part of it. It is also contributing to inflation because if the other banks have to step up with their dues they will just pass their expenses on to the consumer.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • GlennDog
    GlennDog Posts: 3,149
    I’m from the government ... and I’m here to help

    aka to EFF you over
    AC Regenerator PS Audio PerfectWave Power Plant 10
    Source Lumin U1 Mini into Lampizator Baltic 4 DAC
    Pre Cary SLP-05
    Power Rogue M180 Dark monos
    Mains Salk HT2-TL
    Rythmik F12
    · Share on FacebookShare on Twitter
  • txcoastal1
    txcoastal1 Posts: 13,499
    What is annoying as I have been involved in construction of national account retail projects like Circuit City, Eckerds Drug Stores, etc , while these companies were collapsing. They were still building, CEO's/executives still collecting bonuses while they were draining market investment funds.

    Many of these sites were not ASSETS, as they were leasing these properties and bleeding the corp cash.
    I had to wait months/years to collect on these projects.
    2-channel: Modwright KWI-200 Integrated, Dynaudio C1-II Signatures
    Desktop rig: LSi7, Polk 110sub, Dayens Ampino amp, W4S DAC/pre, Sonos, JRiver
    Gear on standby: Melody 101 tube pre, Unison Research Simply Italy Integrated
    Gone to new homes: (Matt Polk's)Threshold Stasis SA12e monoblocks, Pass XA30.5 amp, Usher MD2 speakers, Dynaudio C4 platinum speakers, Modwright LS100 (voltz), Simaudio 780D DAC

    erat interfectorem cesar et **** dictatorem dicere a
    · Share on FacebookShare on Twitter
  • Keiko
    Keiko Posts: 789
    Kex wrote: »
    The FDIC is not government money.

    Well, whoever's money it is, the average Americans are the one's still getting screwed.

    #BOHICA

    Thanks for playing!
    · Share on FacebookShare on Twitter
  • nooshinjohn
    nooshinjohn Posts: 25,877
    Kex wrote: »
    The FDIC is not government money.
    You can learn more at @FDIC.gov

    Dot gov… does that make them a part of the taxpayer funded federal government? I suppose it does!
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2800 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson

    How many flies need to be buzzing a dead horse before you guys stop beating it?
    · Share on FacebookShare on Twitter
  • xschop
    xschop Posts: 5,047
    The Federal Reserve is not in the U.S. Constitution.
    Don't take experimental gene therapies from known eugenicists.
    · Share on FacebookShare on Twitter
  • nooshinjohn
    nooshinjohn Posts: 25,877
    xschop wrote: »
    The Federal Reserve is not in the U.S. Constitution.

    Three quarters of what the Fed does is not in there either...
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2800 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson

    How many flies need to be buzzing a dead horse before you guys stop beating it?
    · Share on FacebookShare on Twitter
  • Keiko
    Keiko Posts: 789
    nooshinjohn wrote: »
    xschop wrote: »
    The Federal Reserve is not in the U.S. Constitution.

    Three quarters of what the Fed does is not in there either...

    Some info on the Fed. Research Jekyll Island and these families if you want to learn more about this illegal organization.

    https://hannenabintuherland.com/usa/the-federal-reserve-cartel-the-eight-families-who-own-usa-dean-henderson-herlandreport/#:~:text=They are the Goldman Sachs, Rockefellers, Lehmans and,Paris; and the Israel Moses Seifs of Rome.
    · Share on FacebookShare on Twitter
  • skipshot12
    skipshot12 Posts: 1,775
    FDIC is a scam full of bull shift.
    The cash is NOT THERE to pay you for your monies being held.
    It’s based on investments & future speculation on rate of invested funds, not about having the actual cash at hand to protect the people’s money to actually pay.
    Why do you think they limit withdrawals when there’s a scare……… not for fear of a panic, it’s because of a fear that the money isn’t actually there in case of a panic 😳
    And the effect that will bring.

    Then you have the next part of the scam, we don’t have the funds but we’re protected under bankruptcy laws.

    We should go back to actual cash/barter and f the banks.
    When the value of currency is based on ability to pay back debt it has no value.
    · Share on FacebookShare on Twitter
  • sucks2beme
    sucks2beme Posts: 5,680
    Not to worry. Digital dollars are on the way! :)
    "The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbour to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg." --Thomas Jefferson
    · Share on FacebookShare on Twitter
  • kevhed72
    kevhed72 Posts: 5,125
    edited May 2023
    Gardenstater wrote: »
    It is a Federal Deposit Insurance Corporation. If the government steps in and says that a particular bank that failed due to mismanagement is going to have all its depositors insured regardless of the amount it is interfering with the free market capitalist system ie. picking winners and losers. Why would large account holders deposit in the other banks that are not protected if they can be fully insured in those banks? But that is not the worst part of it. It is also contributing to inflation because if the other banks have to step up with their dues they will just pass their expenses on to the consumer.

    Yes, my point exactly. If deposits are only covered by insurance up to 250k, why should the government step in and cover all deposits. I can't recall off hand if they did this with the first 2 bank failures or all 3...but whatever. It's like saying I am only going to insure half of whatever percentage of my house or car.
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    Kex wrote: »
    The FDIC is backed by the government, but the insurance fund comes from premiums paid by banks, not taxpayers.

    It was created in 1933 because of the bank failures during The Great Depression, and is specifically designed to prevent that from happening again. It’s done a pretty good job so far.

    If these banks had been left to fail, and depositors lost all of their money, or even most of it (beyond $250K) we’d be looking at an event that would suck so much air out of the economy it would cost vast sums of money in lost economic activity over at least five years.

    For $125B in collected premiums, $8B per year, this is by far the cheapest option for all concerned.

    All it has done is encouraged irresponsible behavior by incompetent banksters who feel like they have a backstop. It is interfering with the free market and causing inflation (banks pass on their expenses!). God forbid they decide to raise the bar or, even worse, to decide that all bank deposits regardless of amount, will be insured, but if we have a few more bank implosions (28 are at severe risk right now), I foresee that coming. They always make things worse.

    And don't get me started on Chairman Powell. He simply will not step up and admit that the Fed doesn't have the power to correct the inflation they caused with their policies unless government spending is reined in severely.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    This will not be a depression. It will be stagflation.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • pitdogg2
    pitdogg2 Posts: 26,922
    All it has done is encouraged irresponsible behavior by incompetent banksters who feel like they have a backstop.
    ^^^THIS^^^
    How many of them ruin a bank and walk away with a grifted GOLDEN parachute????
    · Share on FacebookShare on Twitter
  • aprazer402
    aprazer402 Posts: 3,352
    Stagflation requires rising inflation with high unemployment. The latest U.S. national unemployment rate is 3.5%. That's considered low. Current unemployment rate here in Nebraska is 2.1%, the second lowest in the nation. We still have the rising prices (inflation) as everywhere else.
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    edited May 2023
    Yeah but that unemployment number is a fallacy because they are not good jobs that have been created. There are lots of people now working multiple part time jobs to make ends meet and this has not been properly factored in. The devils in the details. Lots of big tech is commencing some pretty major layoffs. Labor participation rate continues to be low and is below pre-pandemic levels.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • nooshinjohn
    nooshinjohn Posts: 25,877
    Crappy jobs being supported by wages that are artificially high for the given skillset.
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2800 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson

    How many flies need to be buzzing a dead horse before you guys stop beating it?
    · Share on FacebookShare on Twitter
  • invalid
    invalid Posts: 1,441
    nooshinjohn wrote: »
    Crappy jobs being supported by wages that are artificially high for the given skillset.

    Very true, and we all pay more for everything, so those artificially high wages don't accomplish anything.

    · Share on FacebookShare on Twitter
  • aprazer402
    aprazer402 Posts: 3,352
    Gardenstater wrote: »
    Yeah but that unemployment number is a fallacy because they are not good jobs that have been created. There are lots of people now working multiple part time jobs to make ends meet and this has not been properly factored in. The devils in the details. Lots of big tech is commencing some pretty major layoffs. Labor participation rate continues to be low and is below pre-pandemic levels.

    Agreed. There are several ways the "true" unemployment rate (if there is one) can be stated.

    U-3, U-6, SGS Alternative, LISEP (Ludwig Inst.) True rate March 2023 22.9%

    This had some effect:
    9sktdonpe3is.jpg
    · Share on FacebookShare on Twitter
  • Gardenstater
    Gardenstater Posts: 4,726
    They put all their money in mortgage backed securities and treasuries, which left them at risk for rate increases. I heard First Republic gave Zuckerberg a 1% mortgage on a multi million dollar home. Smart.
    George / NJ

    Polk 7B main speakers, std. mods+ (1979, orig owner)
    Martin Logan Dynamo sub w/6ft 14awg Power Cord
    Onkyo A-8017 integrated
    Logitech Squeezebox Touch Streamer w/EDO applet
    iFi nano iDSD DAC
    iPurifier3
    iDefender w/ iPower PS
    Custom Steve Wilson 1m UPOCC Interconnect
    iFi Mercury 0.5m OFHC continuous cast copper USB cable
    Custom Ribbon Speaker Cables, 5ft long, 4N Copper, 14awg, ultra low inductance
    Custom Vibration Isolation Speaker Stands and Sub Platform
    · Share on FacebookShare on Twitter
  • xschop
    xschop Posts: 5,047
    How many workers have been medically injured by the experimental gene therapies?
    The explosion of POTS diagnoses just scratches the surface of identifiers.
    Don't take experimental gene therapies from known eugenicists.
    · Share on FacebookShare on Twitter
  • txcoastal1
    txcoastal1 Posts: 13,499
    nea2hgnytfhv.png
    2-channel: Modwright KWI-200 Integrated, Dynaudio C1-II Signatures
    Desktop rig: LSi7, Polk 110sub, Dayens Ampino amp, W4S DAC/pre, Sonos, JRiver
    Gear on standby: Melody 101 tube pre, Unison Research Simply Italy Integrated
    Gone to new homes: (Matt Polk's)Threshold Stasis SA12e monoblocks, Pass XA30.5 amp, Usher MD2 speakers, Dynaudio C4 platinum speakers, Modwright LS100 (voltz), Simaudio 780D DAC

    erat interfectorem cesar et **** dictatorem dicere a
    · Share on FacebookShare on Twitter
  • GlennDog
    GlennDog Posts: 3,149
    ^^ NOT a stretch ^^
    AC Regenerator PS Audio PerfectWave Power Plant 10
    Source Lumin U1 Mini into Lampizator Baltic 4 DAC
    Pre Cary SLP-05
    Power Rogue M180 Dark monos
    Mains Salk HT2-TL
    Rythmik F12
    · Share on FacebookShare on Twitter
  • xschop
    xschop Posts: 5,047
    https://www.reuters.com/world/americas/country-beggars-argentines-reel-104-inflation-keeps-rising-2023-05-12/
    Don't take experimental gene therapies from known eugenicists.
    · Share on FacebookShare on Twitter
  • msg
    msg Posts: 10,450
    What the crap?!?
    Was picking up some stuff at the store yesterday - dental floss is ten bucks now? Where are my pliers, I'll fix this problem right now...
    aayg35513806.png
    m9hypvg2ykgy.png


    Can't even afford graham crackers anymore. $5 bucks.
    They changed the recipe anyway, as well as made them smaller.
    38yzrcx7zh25.png


    It's time to go buy some new Hanes white t-shirts.
    I fully expect to be spending $27 for a pack of neckbands.
    Neckbands that will irritate my neck.


    I disabled signatures.
    · Share on FacebookShare on Twitter
  • gudnoyez
    gudnoyez Posts: 8,156
    edited July 2023
    msg wrote: »
    What the crap?!?
    Was picking up some stuff at the store yesterday - dental floss is ten bucks now? Where are my pliers, I'll fix this problem right now...
    aayg35513806.png
    bucks.

    https://youtu.be/smZA9Jv3qH0

    Do like Frank did move to Montana to be a Dental Floss Tycoon ol Frankie he was a head of his time. raising it up waxing it down in a little white box that he could sell up town.








    Home Theater
    Parasound Halo A 31 OnkyoTX-NR838 Sony XBR55X850B 55" 4K RtiA9 Fronts CsiA6 Center RtiA3 Rears FxiA6 Side Surrounds Dual Psw 111's Oppo 105D Signal Ultra Speaker Cables & IC's Signal Magic Power Cable Technics SL Q300 Panamax MR4300 Audioquest Chocolate HDMI Cables Audioquest Forest USB Cable

    2 Channel
    Adcom 555II Vincent SA-T1 Marantz SA 15S2 Denon DR-M11 Clearaudio Bluemotion SDA 2.3tl's (Z) edition MIT Terminator II Speaker Cables & IC's Adcom 545II Adcom Gtp-450 Marantz CD5004 Technics M245X SDA 2B's, SDA CRS+

    Stuff for the Head
    JD LABS C5 Headphone Amplifier, Sennheiser HD 598, Polk Audio Buckle, Polk Audio Hinge, Velodyne vPulse, Bose IE2, Sennheiser CX 200 Street II, Sennheiser MX 365

    Shower & Off the beaten path Rigs
    Polk Audio Boom Swimmer, Polk Audio Urchin B)
    · Share on FacebookShare on Twitter