Stillton

Joined on Apr 16, 2022

Comments

Total: 6, showing: 1 – 6
In reply to:

thx1138: An analysis was released the other day saying the vast majority of price rises are due to corporate profiteering hiding behind covid, supply chains, Ukraine war etc. Corporate profits are soaring. Funny how consumers have to tighten their belts and do with less, but companies have no such problems. Any way crap in you nest and see what happens. Discretionary spending is the first casualty of a recession.

excess capability that was undercut somewhere in 2021... by some unknown force ... in the US admin. US was fully energy independent in 2019 with all the pre-pandemic oil demand going and gas being $1.8 per gallon.

And now it is $3.5 per gallon and all of sudden we cant meet the demand with the cut by 20% capabilities in a post-pandemic demand of totally (deliberately) destroyed US economy , while pilfering strategic US federal oil reserves to keep gas under 4 bucks..

I bet when those reserves get to "low", the price of gasoline will hit $6-8, which conveniently will be post-election time, so no one will have any say in it.

I guess, if the average voter hasnt figured this out, they will suffer until they get it... or until they die off.
It is either or, but the stage has been set for lack of oil.

Link | Posted on Oct 25, 2022 at 18:54 UTC
In reply to:

thx1138: An analysis was released the other day saying the vast majority of price rises are due to corporate profiteering hiding behind covid, supply chains, Ukraine war etc. Corporate profits are soaring. Funny how consumers have to tighten their belts and do with less, but companies have no such problems. Any way crap in you nest and see what happens. Discretionary spending is the first casualty of a recession.

goyim are not supposed to enjoy cheap money.., Their role is to lose financial freedoms via devaluing of the medium of exchange, while the "masters" collect "cheap" real assets and levers of control. In the end the last final "accidental" crash settles the redistribution of 99% of wealth toward the top, while leaving the rest of the "cattle" poor, disheveled and broke and finally dead.

Link | Posted on Oct 23, 2022 at 03:56 UTC
In reply to:

thx1138: An analysis was released the other day saying the vast majority of price rises are due to corporate profiteering hiding behind covid, supply chains, Ukraine war etc. Corporate profits are soaring. Funny how consumers have to tighten their belts and do with less, but companies have no such problems. Any way crap in you nest and see what happens. Discretionary spending is the first casualty of a recession.

yes, risk of inflation, correct! Except the govt creates that inflation, not the companies. The companies are usually forced to live with consequences of what bs the government conjured as their current monetary policy.

You gave an example of oil companies pulling "record profits" but you forgot to mention that in the current US gasoline price which is 150% above what it was in 2019, only about 7 cents are their actual margins. The rest is cost to produce it along with government (fed, state and sometimes local) taxes + delivery fees, that FAR EXCEED that "record profits".

Explaining this with "greed" does not work, because it would imply that oil companies previous were less greedy or not greedy at all. This explanation makes 0 sense

Like I said, misunderstanding of cause and effect, and falling for bs narrative you have been fed, will make you suffer. This is literally why they create this narrative while they complete the destruction of the economy.
Enjoy the decline, tho!

Link | Posted on Oct 22, 2022 at 16:19 UTC
In reply to:

thx1138: An analysis was released the other day saying the vast majority of price rises are due to corporate profiteering hiding behind covid, supply chains, Ukraine war etc. Corporate profits are soaring. Funny how consumers have to tighten their belts and do with less, but companies have no such problems. Any way crap in you nest and see what happens. Discretionary spending is the first casualty of a recession.

Your response is very typical of anyone who read my comment and did not grasp what it says/means. This is why, by the way, we are in such a mess.

When currency gets devalued and prices rise, you will get "record profits".... that "record" stems from the fact that each dollar in their "record profit" now represents only 60-70% of the dollar 1-2 years before.

In other words if you measured your weight in units of 1/2 lbs, while still calling "pounds" you could claim that your weight became "record high" and that it doubled.. but in reality it was just a different measuring unit.

This is the direct effect of money printing.
This is the only "fact of the matter"

Link | Posted on Oct 22, 2022 at 14:21 UTC
In reply to:

Satyaa: It is the next logical step, after they successfully stopped third-party lens makers from selling RF lenses.

They are going by their plan. Whether it will increase their revenues or will backfire is to be seen.

this is not why they are increasing prices. All currencies are paper fiat money against which any commodity will inevitable "rise" simply because of the constant devaluing of the paper currency. A lot of manufacturers will do that or have already done that...

Link | Posted on Oct 22, 2022 at 02:06 UTC
In reply to:

thx1138: An analysis was released the other day saying the vast majority of price rises are due to corporate profiteering hiding behind covid, supply chains, Ukraine war etc. Corporate profits are soaring. Funny how consumers have to tighten their belts and do with less, but companies have no such problems. Any way crap in you nest and see what happens. Discretionary spending is the first casualty of a recession.

yeah, that is a big nope.
The "analysis" should have revealed that if you print money out of thin air, just like all western countries did especially during needless printing for the flu, then prices will go up to compensate for this. USA, for example, printed in 2 years about 40-50% of what was available... and predictably (for anyone sane) the consumer and commodity prices followed that as well, including gasoline and even used car prices.

I would also like to see that "analysis" but I fear it might have been done by the very same people who promised us that money printing would not result in huge inflationary spike.

Link | Posted on Oct 22, 2022 at 02:04 UTC
Total: 6, showing: 1 – 6