Current Events > You people have no idea what's coming

(+) Yeah! (+)

I posted several months ago about how inflation will cause a downturn in the stock market. Too many of you thought that the market was a good hedge against forecasted future inflation, and that is true... until inflation actually affects earnings, demand, and interest rates.

What you don't understand is that government inflation data is seriously time lagged. For example, take a look at the automotive industry, specifically the companies that make parts for vehicles. Component level. These get into sub-assemblies and then the final product. The cost of steel has gone up for these components 80% since January 1st of 2021. The cost of labor has gone up 15%, the cost of packaging (including skids) has gone up over 100%. The cost of oil is up 40%. The cost of transportation is up 45% for domestic and 85% overseas.

But the thing is, many of these costs haven't even found their way into the cost of cars due to contracts. Secondly, costs are continuing to rise at exponential rates. In 2022, our steel costs will increase by another 40% by Q2. Our packaging costs have already increased an additional 10%. Again, what you're seeing from government data is time lagged info from more than 6 months ago at a component level. At the end of 2021, our component pricing increased on average 12%. By mid-2022, it is expected to rise another 20-40%. There are now significant insolvencies appearing in the industry.

You guys have no idea what is coming... future annualized inflation to exceed 10-15%.

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

Does it even matter whats coming, its not like youre gonna say I told you so

You mean this?
https://deepai.org/machine-learning-model/text-generator

Inflation makes assets (stocks) MORE valuable, not less.

Cash is what loses value with inflation.

Assets GAIN value with inflation.

What you mean "you people"?

Thats why we need another stimulus to help us afford the rising prices

What's ligma?

EndOfDiscOne posted...

Thats why we need another stimulus to help us afford the rising prices

What's your problem?

https://gamefaqs.gamespot.com/a/user_image/2/2/5/AAZgIXAAC6VZ.jpg

Ugh. This shit again.

Heartomaton posted...

Ugh. This shit again.

You can't hide from it by ignoring it.
Unless you got a 10%raise this year, you actually got a pay cut.

Imit8m3 posted...

You can't hide from it by ignoring it.
Unless you got a 10%raise this year, you actually got a pay cut.

Not giving a shit is not the same thing as hiding.

>Source: Steve Bannon

cool, ill be sure to take this very seriously

I'm secure, I've invested all my illiquid assets into NFTs. All my liquid assets have been turned into Crypto.

So homeowners profit

"you people"

Just print moar munney!

Corporate profits up 300%

Is TC a reddit stonk bro?

OVERGOATED posted...

So what's next then, severe austerity measures? Because those don't really work and I doubt people are in the mood for them anyway.

Great depression 2

And it could be solved by things like a weatlh tax but bootlickers are too starstruck

well luckily I have you to tell me!

Reminder that greed is causing prices to rise, not inflation. Companies are making higher profits than ever before.

did I just read a shitpost?

EmbraceOfDeath posted...

Reminder that greed is causing prices to rise, not inflation. Companies are making higher profits than ever before.

tell that to most people