• Inflation low, Wages High

    From Bradley K. Sherman@21:1/5 to All on Wed Jul 12 13:41:23 2023
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to Bradley K. Sherman on Wed Jul 12 07:51:38 2023
    On Wednesday, July 12, 2023 at 6:41:30 AM UTC-7, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks


    I'm not depressed. I'm as happy as a clam, knowing that you will be living on the streets in a cardboard box. It makes me feel good. I hate your guts.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to Paul Popinjay on Wed Jul 12 07:52:53 2023
    On Wednesday, July 12, 2023 at 7:51:42 AM UTC-7, Paul Popinjay wrote:
    On Wednesday, July 12, 2023 at 6:41:30 AM UTC-7, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks
    I'm not depressed. I'm as happy as a clam, knowing that you will be living on the streets in a cardboard box. It makes me feel good. I hate your guts.


    PS: And ditto to Jerry.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Wed Jul 12 14:53:57 2023
    Paul Popinjay <[email protected]> wrote:
    On Wednesday, July 12, 2023 at 6:41:30 AM UTC-7, Bradley K. Sherman wrote: >> Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    I'm not depressed. I'm as happy as a clam, knowing that you will be
    living on the streets in a cardboard box. It makes me feel good. I
    hate your guts.

    A nice cardboard box, with shrubbery!

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to Bradley K. Sherman on Wed Jul 12 18:49:09 2023
    On Wednesday, July 12, 2023 at 7:54:04 AM UTC-7, Bradley K. Sherman wrote:

    A nice cardboard box, with shrubbery!

    --bks


    The Dollar Index is 100.54, I can't remember it being that low. That's why gold and silver skyrocketed today. The Dollar, and our economy, is history. Fool.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Bradley K. Sherman on Wed Jul 12 19:41:43 2023
    On Wednesday, July 12, 2023 at 6:41:30 AM UTC-7, Bradley K. Sherman wrote:

    Inflation down to 3%

    That doesn't mean hyperinflation isn't right around the corner. It could happen this time!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to Bradley K. Sherman on Wed Jul 12 19:24:35 2023
    On Wednesday, July 12, 2023 at 10:54:04 AM UTC-4, Bradley K. Sherman wrote:
    Paul Popinjay <[email protected]> wrote:
    On Wednesday, July 12, 2023 at 6:41:30 AM UTC-7, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    I'm not depressed. I'm as happy as a clam, knowing that you will be
    living on the streets in a cardboard box. It makes me feel good. I
    hate your guts.
    A nice cardboard box, with shrubbery!

    --bks

    Ni!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Paul Popinjay on Wed Jul 12 19:32:09 2023
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.

    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Thu Jul 13 04:56:18 2023
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.

    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big banks
    who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on by
    Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite possibly
    trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Thu Jul 13 12:24:17 2023
    jack roth <[email protected]> wrote:
    ...

    LOL at "eventually".

    Predicting the future is hard, but right now wages are up,
    inflation is low, and unemployment is at record lows. Sorry
    that reality is causing your heads to explode, but facts
    are facts.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Grunty@21:1/5 to Bradley K. Sherman on Thu Jul 13 07:37:25 2023
    On Thursday, July 13, 2023 at 9:24:24 AM UTC-3, Bradley K. Sherman wrote:
    jack roth wrote:
    ...

    LOL at "eventually".

    Predicting the future is hard, but right now wages are up,
    inflation is low, and unemployment is at record lows.

    Chuckle at "right now".

    You sound jerryfied.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Grunty on Thu Jul 13 10:25:53 2023
    On 7/13/2023 9:37 AM, Grunty wrote:
    On Thursday, July 13, 2023 at 9:24:24 AM UTC-3, Bradley K. Sherman wrote:
    jack roth wrote:
    ...

    LOL at "eventually".

    Predicting the future is hard, but right now wages are up,
    inflation is low, and unemployment is at record lows.

    Chuckle at "right now".

    You sound jerryfied.


    Jerry Fried

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Thu Jul 13 09:59:27 2023
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big banks who
    own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on by
    Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite possibly
    trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.

    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to BillB on Thu Jul 13 10:53:11 2023
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:

    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.


    It was so much better when we thought you were in Mexico, being held by the cartels. Of course, even they wouldn't want you.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Thu Jul 13 14:16:09 2023
    On Thursday, July 13, 2023 at 5:24:24 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    ...

    LOL at "eventually".

    Predicting the future is hard, but right now wages are up,
    inflation is low, and unemployment is at record lows. Sorry
    that reality is causing your heads to explode, but facts
    are facts.

    --bks

    Ok, bullshit. REAL wages are lower than they were before the pandemic. Inflation is in no way low. The inflation number is contrived and re-jiggered and massaged constantly to meet their desired number. You can go see for yourself on shadowstats.
    Furthermore, the inflation that matters to poor people is out of control. The unemployment numbers are outright fake When you lose a bunch of high paid people but then gain some min wage workers THAT is not a good job market. You literally know
    nothing about economics.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Thu Jul 13 14:26:44 2023
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big banks who
    own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on by
    Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite possibly
    trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.

    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at
    other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including
    inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap
    debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant
    jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talking out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in cycles.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Thu Jul 13 14:49:14 2023
    On Thursday, July 13, 2023 at 5:26:49 PM UTC-4, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big banks
    who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on by
    Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite possibly
    trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talking out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in cycles.

    This obsession that economic issues actually run in cycles is a fiction which keeps lots of finance 'experts' and economists in business.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to jack roth on Thu Jul 13 17:49:55 2023
    On July 13, jack roth wrote:
    Predicting the future is hard, but right now wages are up,
    inflation is low,

    Ok, bullshit. REAL wages are lower than they were before the pandemic.

    With real leadership, we'd have Zimbabwe level wages, the highest
    in the world -

    https://www.geopoliticalmonitor.com/new-currency-new-hope-for-zimbabwe/

    Inflation is in no way low.

    Not so, prices have rolled back to 2020 levels, thanks to Bidenomunism,
    have they not? Inflation is cured!

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Thu Jul 13 18:39:21 2023
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big banks
    who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on by
    Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite possibly
    trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to jack roth on Thu Jul 13 18:22:03 2023
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:

    1. The DXY charts definitely say it's headed lower...next stop is 97.

    99.75

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Paul Popinjay on Thu Jul 13 18:40:27 2023
    On Thursday, July 13, 2023 at 10:53:15 AM UTC-7, Paul Popinjay wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:

    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    It was so much better when we thought you were in Mexico, being held by the cartels. Of course, even they wouldn't want you.

    I checked in from time time. This place is boring as hell without me.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Paul Popinjay on Fri Jul 14 00:42:04 2023
    On Thursday, July 13, 2023 at 6:22:07 PM UTC-7, Paul Popinjay wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    99.75

    Wish I could post charts here, but you'll notice the DXY started tanking immediately after the Janet Yellen trip to China.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Fri Jul 14 00:41:18 2023
    On Thursday, July 13, 2023 at 5:50:00 PM UTC-7, RichD wrote:
    On July 13, jack roth wrote:
    Predicting the future is hard, but right now wages are up,
    inflation is low,
    Ok, bullshit. REAL wages are lower than they were before the pandemic.
    With real leadership, we'd have Zimbabwe level wages, the highest
    in the world -

    https://www.geopoliticalmonitor.com/new-currency-new-hope-for-zimbabwe/
    Inflation is in no way low.
    Not so, prices have rolled back to 2020 levels, thanks to Bidenomunism,
    have they not? Inflation is cured!

    --
    Rich

    Tell me what prices have rolled back? Certainly not car prices. Certainly not healthcare. Certainly not any food or utility prices. Housing in many markets is still in a bubble. Even a worse crime that I left out is that taxes aren't accounted for
    in CPI. So, when government keeps jacking up your taxes...like CA is sure as hell doing constantly, they act like it's not inflation.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 14 00:46:11 2023
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97. 2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big banks
    who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on by
    Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite possibly
    trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.

    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn your
    lesson, Hoss.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 14 02:37:17 2023
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big
    banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on
    by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite
    possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn your lesson,
    Hoss.

    Facts don't "view investing." They are simply facts.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 14 05:07:22 2023
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big
    banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on
    by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite
    possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn your
    lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 14 05:34:34 2023
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big
    banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on
    by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite
    possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn your
    lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    Oh, and if you also claimed inflation is low, you are totally full of shit. You see, new taxes are worse than inflation(as a canadian you should know that already) and don't even count on the inflation stats. So, even if inflation is zero, all these
    new taxes account for way more money than any wage increases. That's why everyone is feeling pretty broke....because they are.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 14 06:27:51 2023
    On Friday, July 14, 2023 at 5:34:39 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big
    banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on
    by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite
    possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn your
    lesson, Hoss.
    Facts don't "view investing." They are simply facts.
    Oh, and if you also claimed inflation is low, you are totally full of shit. You see, new taxes are worse than inflation(as a canadian you should know that already) and don't even count on the inflation stats. So, even if inflation is zero, all these
    new taxes account for way more money than any wage increases. That's why everyone is feeling pretty broke....because they are.

    Your statement is internally inconsistent. On the one hand you acknowledge that taxes and inflation are two different things when you say "new taxes are worse than inflation," yet you try to conflate them when you say "if you also claimed inflation is
    low, you are totally full of shit." Taxes and inflation are two different things. You can have low inflation at the same time you have tax increases. Right now the CPI is 3%. That's below the post-WWII average and pretty low compared the Trump
    inflation when it peaked at 9.1%.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to All on Fri Jul 14 08:16:21 2023
    T24gNy8xMy8yMDIzIDQ6NDkgUE0sIFRpbSBOb3Jmb2xrIHdyb3RlOg0KPiBPbiBUaHVyc2Rh eSwgSnVseSAxMywgMjAyMyBhdCA1OjI2OjQ54oCvUE0gVVRDLTQsIGphY2sgcm90aCB3cm90 ZToNCj4+IE9uIFRodXJzZGF5LCBKdWx5IDEzLCAyMDIzIGF0IDk6NTk6MzHigK9BTSBVVEMt NywgQmlsbEIgd3JvdGU6DQo+Pj4gT24gVGh1cnNkYXksIEp1bHkgMTMsIDIwMjMgYXQgNDo1 NjoyMuKAr0FNIFVUQy03LCBqYWNrIHJvdGggd3JvdGU6DQo+Pj4+IE9uIFdlZG5lc2RheSwg SnVseSAxMiwgMjAyMyBhdCA3OjMyOjEz4oCvUE0gVVRDLTcsIEJpbGxCIHdyb3RlOg0KPj4+ Pj4gT24gV2VkbmVzZGF5LCBKdWx5IDEyLCAyMDIzIGF0IDY6NDk6MTTigK9QTSBVVEMtNywg UGF1bCBQb3BpbmpheSB3cm90ZToNCj4+Pj4+DQo+Pj4+Pj4gVGhlIERvbGxhciBJbmRleCBp cyAxMDAuNTQsIEkgY2FuJ3QgcmVtZW1iZXIgaXQgYmVpbmcgdGhhdCBsb3cuDQo+Pj4+PiBJ dCB3YXMgbG93ZXIgdGhhbiB0aGF0IGZvciBhYm91dCA5NSUgb2YgdGhlIGxhc3QgMjAgeWVh cnMuIFlvdSBtaWdodCB3YW50IHRvIGhhdmUgeW91ciBkb2N0b3IgY2hlY2sgeW91ciBtZWRp Y2F0aW9ucy4NCj4+Pj4gMS4gVGhlIERYWSBjaGFydHMgZGVmaW5pdGVseSBzYXkgaXQncyBo ZWFkZWQgbG93ZXIuLi5uZXh0IHN0b3AgaXMgOTcuDQo+Pj4+IDIuIERYWSBpcyBqdXN0IFVT 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    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 14 06:18:08 2023
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the big
    banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme going on
    by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite
    possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold beat
    everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at other
    times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including inflation,
    fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt years ago
    to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant jackoff saying
    stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market. Right now,
    metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn your
    lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.

    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best investment
    out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Jul 14 07:36:02 2023
    On Thursday, July 13, 2023 at 2:16:13 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 5:24:24 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    ...

    LOL at "eventually".

    Predicting the future is hard, but right now wages are up,
    inflation is low, and unemployment is at record lows. Sorry
    that reality is causing your heads to explode, but facts
    are facts.

    --bks
    Ok, bullshit. REAL wages are lower than they were before the pandemic.

    Then you should have no trouble showing us. Or linking to your bullshit conspiracy site.

    President Biden's economy is growing like crazy. Job rates, unemployment, you name it.
    They only thing you dodgers have is your congressional committee trying to indite your own
    Republican FBI boss. And don't tell Irish Mick, the committee wants to DEFEND THE FBI.

    LOL and you whiney bitches.....!







    Inflation is in no way low. The inflation number is contrived and re-jiggered and massaged constantly to meet their desired number. You can go see for yourself on shadowstats. Furthermore, the inflation that matters to poor people is out of control. The
    unemployment numbers are outright fake When you lose a bunch of high paid people but then gain some min wage workers THAT is not a good job market. You literally know nothing about economics.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to BillB on Fri Jul 14 07:49:31 2023
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million.

    If I "invested" in gold, I have real money. If I invest in Apple, I have fake money.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to BillB on Fri Jul 14 07:53:07 2023
    On Friday, July 14, 2023 at 6:27:56 AM UTC-7, BillB wrote:

    Your statement is internally inconsistent. On the one hand you acknowledge that taxes and inflation are two different things when you say "new taxes are worse than inflation," yet you try to conflate them when you say "if you also claimed inflation is
    low, you are totally full of shit." Taxes and inflation are two different things. You can have low inflation at the same time you have tax increases. Right now the CPI is 3%. That's below the post-WWII average and pretty low compared the Trump inflation
    when it peaked at 9.1%.


    A can of garbanzo beans has traditionally cost me 98 cents to a dollar, depending on brand. Yesterday I paid $1.48. Stick 3% up you fucking ass.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to VegasJerry on Fri Jul 14 07:54:38 2023
    On Friday, July 14, 2023 at 7:36:06 AM UTC-7, VegasJerry wrote:
    On Thursday, July 13, 2023 at 2:16:13 PM UTC-7, jack roth wrote:

    Ok, bullshit. REAL wages are lower than they were before the pandemic.

    Then you should have no trouble showing us. Or linking to your bullshit conspiracy site.

    Real weekly earnings are still down *very slightly* since just before the pandemic, which were the highest since forever. I really don't understand what all the whining is about.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Paul Popinjay on Fri Jul 14 08:06:43 2023
    On Friday, July 14, 2023 at 7:49:36 AM UTC-7, Paul Popinjay wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million.
    If I "invested" in gold, I have real money. If I invest in Apple, I have fake money.

    So you'd rather have $68,000 in gold bars than $6.6 million in Apple stock? That makes you a certified idiot.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Fri Jul 14 14:56:25 2023
    Paul Popinjay <[email protected]> wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have
    about $68,000. Not bad. If you invested $10,000 in Apple at the
    beginning of 2003 you now about $6.6 million.

    If I "invested" in gold, I have real money. If I invest in Apple, I
    have fake money.

    Try spending gold at Safeway. They prefer plastic.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to BillB on Fri Jul 14 08:38:28 2023
    On Friday, July 14, 2023 at 8:06:49 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 7:49:36 AM UTC-7, Paul Popinjay wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million.
    If I "invested" in gold, I have real money. If I invest in Apple, I have fake money.
    So you'd rather have $68,000 in gold bars than $6.6 million in Apple stock? That makes you a certified idiot.


    I prefer real money, as in Constitutional Silver. Not fake money, as in Monopoly Money.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 14 09:25:41 2023
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the
    big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme
    going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and quite
    possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold
    beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at
    other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including
    inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt
    years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant
    jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market.
    Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn your
    lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best investment
    out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.

    You ignorant moron, precisely nobody puts it all on a single stock. And, YOU yourself was talking the indexes....sp500, etc. So quit moving the goal posts. Heck, I can show you mining stocks that went 1000x. If you bought bitcoin early enough,
    you'd make a lot more than apple. See how easy it is to move goal posts, you moron.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 14 09:42:41 2023
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the
    big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme
    going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and
    quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold
    beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at
    other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including
    inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt
    years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant
    jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market.
    Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn
    your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best investment
    out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    You ignorant moron, precisely nobody puts it all on a single stock. And, YOU yourself was talking the indexes....sp500, etc. So quit moving the goal posts. Heck, I can show you mining stocks that went 1000x. If you bought bitcoin early enough, you'd
    make a lot more than apple. See how easy it is to move goal posts, you moron.

    I didn't say anything about the S&P 500. You just made that up. The only index I talked about was the US Dollar Index, and that was only to correct Popinjay's claim that it is at the lowest level he could ever remember (and this is a guy who can remember
    poker hands he played in the '70s).

    But what YOU said is, "It's a fact gold has been the best investment out there since 2000." That's very clearly makes you the moron, not me. And Apple isn't some obscure penny stock that blew up. It is a tech giant that was SCREAMING at you to buy it
    in the early 2000s. But like an idiot you went and bought a hunk of metal instead. LOLOL You realize that makes you even dumber than Forrest Gump, right?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Fri Jul 14 09:26:54 2023
    On Friday, July 14, 2023 at 7:56:32 AM UTC-7, Bradley K. Sherman wrote:
    Paul Popinjay <[email protected]> wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have >about $68,000. Not bad. If you invested $10,000 in Apple at the
    beginning of 2003 you now about $6.6 million.

    If I "invested" in gold, I have real money. If I invest in Apple, I
    have fake money.
    Try spending gold at Safeway. They prefer plastic.

    --bks

    Hey dumbass, you can get plastic credit cards backed by your physical gold on deposit. so, ya, you can have gold and use it easily.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 14 09:50:56 2023
    On Friday, July 14, 2023 at 7:54:43 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 7:36:06 AM UTC-7, VegasJerry wrote:
    On Thursday, July 13, 2023 at 2:16:13 PM UTC-7, jack roth wrote:

    Ok, bullshit. REAL wages are lower than they were before the pandemic.

    Then you should have no trouble showing us. Or linking to your bullshit conspiracy site.
    Real weekly earnings are still down *very slightly* since just before the pandemic, which were the highest since forever. I really don't understand what all the whining is about.

    Ok, you are full on lying right now...when does your timeframe begin, because it's sure as hell not "forever". 1973 has higher real wages . And, BTW, ONCE AGAIN that doesn't factor in all the new taxes which just destroy those current real wages, so
    your argument about real wages is meanin gless. Furthermore, we''re entering recession right now and those real wages will be going right back down. 4th, those real wages don't factor in all the people not working do they? Because you can really fake
    that state...for example pay a single guy in the US to work $1Trilling/year and have everyone else unemployed....the real average wage would suddenly be $1Trillion/year....similarly, at the labor participation rate....still lower now than before the
    pandemic, you ignorant fool. You are pretty obtuse when it comes to economics.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Fri Jul 14 09:54:35 2023
    On Friday, July 14, 2023 at 3:41:23 AM UTC-4, jack roth wrote:
    On Thursday, July 13, 2023 at 5:50:00 PM UTC-7, RichD wrote:
    On July 13, jack roth wrote:
    Predicting the future is hard, but right now wages are up,
    inflation is low,
    Ok, bullshit. REAL wages are lower than they were before the pandemic.
    With real leadership, we'd have Zimbabwe level wages, the highest
    in the world -

    https://www.geopoliticalmonitor.com/new-currency-new-hope-for-zimbabwe/
    Inflation is in no way low.
    Not so, prices have rolled back to 2020 levels, thanks to Bidenomunism, have they not? Inflation is cured!

    --
    Rich
    Tell me what prices have rolled back? Certainly not car prices. Certainly not healthcare. Certainly not any food or utility prices. Housing in many markets is still in a bubble. Even a worse crime that I left out is that taxes aren't accounted for in
    CPI. So, when government keeps jacking up your taxes...like CA is sure as hell doing constantly, they act like it's not inflation.

    The prices for the animal feed that I buy dropped 5% this week, after rising for a couple of years.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 14 09:54:40 2023
    On Friday, July 14, 2023 at 9:42:45 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via
    the big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme
    going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and
    quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000,
    Gold beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other
    iinvestments at other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities,
    including inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous
    cheap debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an
    ignorant jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn
    your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best
    investment out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    You ignorant moron, precisely nobody puts it all on a single stock. And, YOU yourself was talking the indexes....sp500, etc. So quit moving the goal posts. Heck, I can show you mining stocks that went 1000x. If you bought bitcoin early enough, you'd
    make a lot more than apple. See how easy it is to move goal posts, you moron.
    I didn't say anything about the S&P 500. You just made that up. The only index I talked about was the US Dollar Index, and that was only to correct Popinjay's claim that it is at the lowest level he could ever remember (and this is a guy who can
    remember poker hands he played in the '70s).

    But what YOU said is, "It's a fact gold has been the best investment out there since 2000." That's very clearly makes you the moron, not me. And Apple isn't some obscure penny stock that blew up. It is a tech giant that was SCREAMING at you to buy it
    in the early 2000s. But like an idiot you went and bought a hunk of metal instead. LOLOL You realize that makes you even dumber than Forrest Gump, right?

    Yes, and Gold IS the best investment because precisely nobody is insane enough to put 100% of their investment on a volatile stock....and even if they do have magnificent gains, nobody holds it all and sells at the exact peak you moron. Furthermore, If
    you want to throw down aapl as your moron example, I can just as easily bring up a number of stocks that have had crazy gains, too....or we could sit here and all go off the deep end and talk about how we'd all own the world had we only got into bitcoin
    and held it till the peak. It's really stupid arguments you are making that don't fit in any proper analysis if investing because you just don't put all your assets into a single stock

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Fri Jul 14 09:57:55 2023
    On Friday, July 14, 2023 at 9:54:40 AM UTC-7, Tim Norfolk wrote:
    On Friday, July 14, 2023 at 3:41:23 AM UTC-4, jack roth wrote:
    On Thursday, July 13, 2023 at 5:50:00 PM UTC-7, RichD wrote:
    On July 13, jack roth wrote:
    Predicting the future is hard, but right now wages are up,
    inflation is low,
    Ok, bullshit. REAL wages are lower than they were before the pandemic.
    With real leadership, we'd have Zimbabwe level wages, the highest
    in the world -

    https://www.geopoliticalmonitor.com/new-currency-new-hope-for-zimbabwe/
    Inflation is in no way low.
    Not so, prices have rolled back to 2020 levels, thanks to Bidenomunism, have they not? Inflation is cured!

    --
    Rich
    Tell me what prices have rolled back? Certainly not car prices. Certainly not healthcare. Certainly not any food or utility prices. Housing in many markets is still in a bubble. Even a worse crime that I left out is that taxes aren't accounted for in
    CPI. So, when government keeps jacking up your taxes...like CA is sure as hell doing constantly, they act like it's not inflation.
    The prices for the animal feed that I buy dropped 5% this week, after rising for a couple of years.

    Could be a lot of reasons for that....it's called the free market...sometimes they bring in a new cheaper brand...sometimes they drop the price 5% and then sell you a smaller size...called shrinkflation...happening in all grocery stores right now. Or,
    being that feed is a commodity, there are different weather events that can cause a bumper crop one year lowering price and maybe drought the next year raising the price. The price change alone you are spewing about isn't enough information to tell us
    what's going on.....and BTW, how much did your feed go up the last couple years....100%? 70%? 5% isn't much of a break....especially when it can go right back up next year.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 14 10:15:55 2023
    On Friday, July 14, 2023 at 9:54:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 9:42:45 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via
    the big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme
    going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and
    quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000,
    Gold beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other
    iinvestments at other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities,
    including inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous
    cheap debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an
    ignorant jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn
    your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best
    investment out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    You ignorant moron, precisely nobody puts it all on a single stock. And, YOU yourself was talking the indexes....sp500, etc. So quit moving the goal posts. Heck, I can show you mining stocks that went 1000x. If you bought bitcoin early enough, you'
    d make a lot more than apple. See how easy it is to move goal posts, you moron.
    I didn't say anything about the S&P 500. You just made that up. The only index I talked about was the US Dollar Index, and that was only to correct Popinjay's claim that it is at the lowest level he could ever remember (and this is a guy who can
    remember poker hands he played in the '70s).

    But what YOU said is, "It's a fact gold has been the best investment out there since 2000." That's very clearly makes you the moron, not me. And Apple isn't some obscure penny stock that blew up. It is a tech giant that was SCREAMING at you to buy it
    in the early 2000s. But like an idiot you went and bought a hunk of metal instead. LOLOL You realize that makes you even dumber than Forrest Gump, right?
    Yes, and Gold IS the best investment because precisely nobody is insane enough to put 100% of their investment on a volatile stock....and even if they do have magnificent gains, nobody holds it all and sells at the exact peak you moron. Furthermore, If
    you want to throw down aapl as your moron example, I can just as easily bring up a number of stocks that have had crazy gains, too....or we could sit here and all go off the deep end and talk about how we'd all own the world had we only got into bitcoin
    and held it till the peak. It's really stupid arguments you are making that don't fit in any proper analysis if investing because you just don't put all your assets into a single stock

    You don't know what you are talking about, and you didn't need to put all your money in Apple. I gave you that as but one example of how patently absurd and stupid your claim was that gold has been the best investment since 2000 (and calling that "a fact"
    ). Do you need me to give you a dozen more VERY obvious examples in the tech sector? You really didn't understand in 2000 that tech was a huge investment opportunity? And your claim about gold being the best investment in the last 23 years is only a
    little more absurd than your claim that people don't buy blue chip stocks and hold them for decades. That is patently false. You should really look into the economic concept of opportunity cost before you get distracted by any more shiny objects. Oh
    well, at least you had something pretty to play with when you got bored with your action figures.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to jack roth on Fri Jul 14 11:16:51 2023
    On July 14, jack roth wrote:
    If you want to look at the best return since 2000, Gold beat everything including any index in the stock market.
    Yes, and Gold IS the best investment because precisely nobody is insane enough to put 100% of their
    investment on a volatile stock

    let's look at the numbers.

    S&P 500:
    https://www.slickcharts.com/sp500/returns

    Since 2001, 18 years up, 5 years down.
    Net, an average +6% / year, which compounds.
    So, $100 in 2001, at 6% / year, compounded over 23 years, total: $380

    gold:
    2001: $400 / oz
    2023: $1950 / oz
    $100 ==> $480

    Gold wins.
    BUT: a large portion of that run started in April 2020,
    distorted by the COVID crisis. Thus not reliable, long term.

    Something interesting:
    https://sdbullion.com/gold-prices-2016
    Gold starts to rise, in June 2016.... as Countess Dracula is the big favorite for Empress. Then, in November, the floor drops!


    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to BillB on Fri Jul 14 12:35:04 2023
    On Friday, July 14, 2023 at 7:54:43 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 7:36:06 AM UTC-7, VegasJerry wrote:
    On Thursday, July 13, 2023 at 2:16:13 PM UTC-7, jack roth wrote:

    Ok, bullshit. REAL wages are lower than they were before the pandemic.

    Then you should have no trouble showing us. Or linking to your bullshit conspiracy site.
    Real weekly earnings are still down *very slightly* since just before the pandemic, which were the highest since forever. I really don't understand what all the whining is about.
    .

    Well, they can't whine about Hillary anymore; 8 congressional investigations and they go nothing. They can't whine about Hunter; 4-years of STILL FINDING NOTHING on his office desktop. Fox News admits it lies to it's viewers. The Republican want to
    defund the police, the FBI and hate our military. The economy is going great guns, unemployment lowest in 40-years. Trump faces multiple indictments and All the President's men are testifying against him.

    There's just not much left to whine about.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Jul 14 12:44:55 2023
    On Friday, July 14, 2023 at 9:51:01 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 7:54:43 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 7:36:06 AM UTC-7, VegasJerry wrote:
    On Thursday, July 13, 2023 at 2:16:13 PM UTC-7, jack roth wrote:

    Ok, bullshit. REAL wages are lower than they were before the pandemic.

    Then you should have no trouble showing us. Or linking to your bullshit conspiracy site.
    Real weekly earnings are still down *very slightly* since just before the pandemic, which were the highest since forever. I really don't understand what all the whining is about.
    Ok, you are full on lying right now...when does your timeframe begin, because it's sure as hell not "forever". 1973 has higher real wages .
    .

    And, BTW, ONCE AGAIN that doesn't factor in all the new taxes which just destroy those current real wages.

    THEN YOU SHOULD HAVE NO TROUBLE SHOWING US THOSE NEW TAXES...

    (It is SO fucking easy to shut the mouth of this fucking idiot..........)
    .

    LOL!
    .
    .
    .
    .








    , so your argument about real wages is meanin gless. Furthermore, we''re entering recession right now and those real wages will be going right back down. 4th, those real wages don't factor in all the people not working do they? Because you can really
    fake that state...for example pay a single guy in the US to work $1Trilling/year and have everyone else unemployed....the real average wage would suddenly be $1Trillion/year....similarly, at the labor participation rate....still lower now than before the
    pandemic, you ignorant fool. You are pretty obtuse when it comes to economics.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Jul 14 12:39:02 2023
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via the
    big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme
    going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and
    quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000, Gold
    beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other iinvestments at
    other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities, including
    inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous cheap debt
    years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an ignorant
    jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the market.
    Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn
    your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best investment
    out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    .

    You ignorant moron, precisely nobody puts it all on a single stock.

    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    .
    .


    And, YOU yourself was talking the indexes....sp500, etc. So quit moving the goal posts. Heck, I can show you mining stocks that went 1000x. If you bought bitcoin early enough, you'd make a lot more than apple. See how easy it is to move goal posts, you
    moron.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 14 13:10:27 2023
    On Friday, July 14, 2023 at 9:51:01 AM UTC-7, jack roth wrote:

    Ok, you are full on lying right now...when does your timeframe begin, because it's sure as hell not "forever". 1973 has higher real wages . And, BTW, ONCE AGAIN that doesn't factor in all the new taxes which just destroy those current real wages, so
    your argument about real wages is meanin gless.

    Uh, you were the one who brought up real wages, but now they are "meaningless" because it contradicts your narrative? Every inconvenient fact is suddenly "meaningless" to you.

    https://fred.stlouisfed.org/series/MEPAINUSA672N

    After tax is even more pronounced:

    https://fred.stlouisfed.org/series/A229RX0

    Where do you get your economic information from? Tucker Carlson by any chance?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to VegasJerry on Fri Jul 14 12:56:24 2023
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via
    the big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme
    going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and
    quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000,
    Gold beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other
    iinvestments at other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities,
    including inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous
    cheap debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an
    ignorant jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn
    your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best
    investment out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    .

    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.

    "The Oracle of Omaha believes that diversification is only necessary if you don't know what you're doing. Despite overseeing $347 billion in invested assets, approximately 89% of Warren Buffett's portfolio is concentrated in only 11 stocks." -- The
    Motley Fool

    Yet another "ignorant moron" who buys stock and holds it for decades. He should hire Jack as an investment advisor before he loses it all!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to BillB on Fri Jul 14 12:51:05 2023
    On Friday, July 14, 2023 at 10:16:00 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 9:54:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 9:42:45 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities
    via the big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression
    scheme going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA
    and quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000,
    Gold beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other
    iinvestments at other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities,
    including inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous
    cheap debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an
    ignorant jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to
    learn your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best
    investment out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    You ignorant moron, precisely nobody puts it all on a single stock. And, YOU yourself was talking the indexes....sp500, etc. So quit moving the goal posts. Heck, I can show you mining stocks that went 1000x. If you bought bitcoin early enough,
    you'd make a lot more than apple. See how easy it is to move goal posts, you moron.
    I didn't say anything about the S&P 500. You just made that up. The only index I talked about was the US Dollar Index, and that was only to correct Popinjay's claim that it is at the lowest level he could ever remember (and this is a guy who can
    remember poker hands he played in the '70s).

    But what YOU said is, "It's a fact gold has been the best investment out there since 2000." That's very clearly makes you the moron, not me. And Apple isn't some obscure penny stock that blew up. It is a tech giant that was SCREAMING at you to buy
    it in the early 2000s. But like an idiot you went and bought a hunk of metal instead. LOLOL You realize that makes you even dumber than Forrest Gump, right?
    Yes, and Gold IS the best investment because precisely nobody is insane enough to put 100% of their investment on a volatile stock....and even if they do have magnificent gains, nobody holds it all and sells at the exact peak you moron. Furthermore,
    If you want to throw down aapl as your moron example, I can just as easily bring up a number of stocks that have had crazy gains, too....or we could sit here and all go off the deep end and talk about how we'd all own the world had we only got into
    bitcoin and held it till the peak. It's really stupid arguments you are making that don't fit in any proper analysis if investing because you just don't put all your assets into a single stock
    .
    .

    You don't know what you are talking about...

    That about sums it up for this blabbermouth. There's no arguing with a fool like this. Like Trump and his party, they
    simple say anything that come into their pointed little mind, then rant on.

    Fucking waste of time, other than to make fun of...
    .
    .
    .




    , and you didn't need to put all your money in Apple. I gave you that as but one example of how patently absurd and stupid your claim was that gold has been the best investment since 2000 (and calling that "a fact"). Do you need me to give you a dozen
    more VERY obvious examples in the tech sector? You really didn't understand in 2000 that tech was a huge investment opportunity? And your claim about gold being the best investment in the last 23 years is only a little more absurd than your claim that
    people don't buy blue chip stocks and hold them for decades. That is patently false. You should really look into the economic concept of opportunity cost before you get distracted by any more shiny objects. Oh well, at least you had something pretty to
    play with when you got bored with your action figures.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Fri Jul 14 20:11:07 2023
    jack roth <[email protected]> wrote:
    On Friday, July 14, 2023 at 7:56:32 AM UTC-7, Bradley K. Sherman wrote:
    Paul Popinjay <[email protected]> wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have
    about $68,000. Not bad. If you invested $10,000 in Apple at the
    beginning of 2003 you now about $6.6 million.

    If I "invested" in gold, I have real money. If I invest in Apple, I
    have fake money.
    Try spending gold at Safeway. They prefer plastic.

    Hey dumbass, you can get plastic credit cards backed by your physical
    gold on deposit. so, ya, you can have gold and use it easily.

    Only be converting it to fiat, as you admit. They will take a
    $50 bill at Safeway, but not a krugerrand.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Fri Jul 14 15:26:19 2023
    On Friday, July 14, 2023 at 11:16:55 AM UTC-7, RichD wrote:
    On July 14, jack roth wrote:
    If you want to look at the best return since 2000, Gold beat everything including any index in the stock market.
    Yes, and Gold IS the best investment because precisely nobody is insane enough to put 100% of their
    investment on a volatile stock
    let's look at the numbers.

    S&P 500:
    https://www.slickcharts.com/sp500/returns

    Since 2001, 18 years up, 5 years down.
    Net, an average +6% / year, which compounds.
    So, $100 in 2001, at 6% / year, compounded over 23 years, total: $380

    gold:
    2001: $400 / oz
    2023: $1950 / oz
    $100 ==> $480

    Gold wins.
    BUT: a large portion of that run started in April 2020,
    distorted by the COVID crisis. Thus not reliable, long term.
    --
    Rich

    Bullshit on two points. 1. Saying a large portion of the run started is april 2020 is fraudulent because literally everything tanked in 2020. Go from 2000-2019 and it was already winning. 2. Re reliable long term. First of all, gold has been
    reliable for thousands of years. You can buy these days pretty much the same as you could buy in ancient Rome....so it matches inflation....it's great insurance and very reliable. Second, if you read my earlier posts, I pointed out the different
    seasons in investing. I'd say most of the time Gold isn't your best bet. Often there are high tech cycle booms where your money is better invested. However, in commodity cycles, precious metals are the best investment though it's often for shorter
    periods. Regarding to long term investments it's the most reliable investment as you know it's never going to zero. The list of stocks that end up at zero is endless...including some of the best stocks that ever existed. 3. This cycle isn't only
  • From BillB@21:1/5 to jack roth on Fri Jul 14 15:37:59 2023
    On Friday, July 14, 2023 at 3:26:24 PM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 11:16:55 AM UTC-7, RichD wrote:
    On July 14, jack roth wrote:
    If you want to look at the best return since 2000, Gold beat everything including any index in the stock market.
    Yes, and Gold IS the best investment because precisely nobody is insane enough to put 100% of their
    investment on a volatile stock
    let's look at the numbers.

    S&P 500:
    https://www.slickcharts.com/sp500/returns

    Since 2001, 18 years up, 5 years down.
    Net, an average +6% / year, which compounds.
    So, $100 in 2001, at 6% / year, compounded over 23 years, total: $380

    gold:
    2001: $400 / oz
    2023: $1950 / oz
    $100 ==> $480

    Gold wins.
    BUT: a large portion of that run started in April 2020,
    distorted by the COVID crisis. Thus not reliable, long term.
    --
    Rich

    Bullshit on two points. 1. Saying a large portion of the run started is april 2020 is fraudulent because literally everything tanked in 2020. Go from 2000-2019 and it was already winning. 2. Re reliable long term. First of all, gold has been reliable
    for thousands of years. You can buy these days pretty much the same as you could buy in ancient Rome....so it matches inflation....it's great insurance and very reliable. Second, if you read my earlier posts, I pointed out the different seasons in
    investing. I'd say most of the time Gold isn't your best bet. Often there are high tech cycle booms where your money is better invested. However, in commodity cycles, precious metals are the best investment though it's often for shorter periods.
    Regarding to long term investments it's the most reliable investment as you know it's never going to zero. The list of stocks that end up at zero is endless...including some of the best stocks that ever existed. 3. This cycle isn't only being considered
    a commodity supercycle, but also there is a whole lot of additional risk out there including fiat currencies hyperinflating, high interest rates destroying stocks, and war everywhere. The way you get through these risks is gold....and has always been the
    way to get through these risks. 4. I'm not saying always hold the gold and once we get through this, I'll start rotating investments into other types of stocks including those that pay regular dividends in a way that'll be appropriate with my age at the
    time. Wildcard: Silver....silver will be going mostly extinct in the years to come....it might get very expensive soon with growing solar and EV needs.


    lolol...lay off the ZeroHedge. It is rotting your brain. You've gone from "gold was the best investment since 2000" to "most of the time gold isn't your best bet." You are even confusing yourself with your gibberish.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to BillB on Fri Jul 14 17:07:54 2023
    On Friday, July 14, 2023 at 12:56:29 PM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities via
    the big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression scheme
    going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA and
    quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000,
    Gold beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other
    iinvestments at other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities,
    including inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous
    cheap debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an
    ignorant jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to learn
    your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best
    investment out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    .

    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    "The Oracle of Omaha believes that diversification is only necessary if you don't know what you're doing. Despite overseeing $347 billion in invested assets, approximately 89% of Warren Buffett's portfolio is concentrated in only 11 stocks." -- The
    Motley Fool

    Yet another "ignorant moron" who buys stock and holds it for decades. He should hire Jack as an investment advisor before he loses it all!
    .

    Yea. I was about 5-years from retirement and I showed my CPA where this one stock was really doing good (this is in the 90's where everybody was making money in the marked). I asked if I should diversify, just to be safe. He said, "Why? You're making
    good money. If this stock failed for some reason, you still have a number of working years left to recover."

    I stayed with it and made between 10 to 20%, all the way to retirement.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to VegasJerry on Fri Jul 14 17:04:29 2023
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:

    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.

    So, let me get this straight. You think salesmen(brokers) and bean counters(CPAs) somehow nothing anything about investing. That's rich.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 14 17:12:34 2023
    On Friday, July 14, 2023 at 12:56:29 PM UTC-7, BillB wrote:
    "The Oracle of Omaha believes that diversification is only necessary if you don't know what you're doing. Despite overseeing $347 billion in invested assets, approximately 89% of Warren Buffett's portfolio is concentrated in only 11 stocks." -- The
    Motley Fool

    Hey dumbass. Buffett diversifies. And, what I mean by diversifying really isn't different stocks, but different assets. Because all stocks can tank simultaneously. Buffet actually doesn't have much money in stocks. He buys businesses and for
    many many years, he wouldn't even buy a single tech stock, but now he hires people who buy apple. But, Buffett invests in different countries, different types of businesses. And his stock analysis sometimes is complete shit. He couldn't figure out
    how companies like google or FB could make money. Oh, and at times, he's purchased unbelievable quantities of precious metals. And, sometimes, he holds bizarre amounts of cash even at times when he's not making money on it.


    Yet another "ignorant moron" who buys stock and holds it for decades. He should hire Jack as an investment advisor before he loses it all!

    You have no idea at all what I hold. I have various asset classes. And, BTW, you probably hold your biggest asset classes for decades....your house, so you are being a hypocrite.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Fri Jul 14 17:14:10 2023
    On Friday, July 14, 2023 at 1:11:15 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Friday, July 14, 2023 at 7:56:32 AM UTC-7, Bradley K. Sherman wrote: >> Paul Popinjay <[email protected]> wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have >> >about $68,000. Not bad. If you invested $10,000 in Apple at the
    beginning of 2003 you now about $6.6 million.

    If I "invested" in gold, I have real money. If I invest in Apple, I
    have fake money.
    Try spending gold at Safeway. They prefer plastic.

    Hey dumbass, you can get plastic credit cards backed by your physical
    gold on deposit. so, ya, you can have gold and use it easily.
    Only be converting it to fiat, as you admit. They will take a
    $50 bill at Safeway, but not a krugerrand.

    --bks

    Don't be stupid. Safeway isn't holding onto fiat either. They are converting it to many things....more food for example...perhaps some of their employees are converting their fiat paychecks to gold.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Jul 14 17:15:22 2023
    On Friday, July 14, 2023 at 5:04:33 PM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    .

    So, let me get this straight.

    Not a chance. We've been tag-teaming your bitch-slapping and pointing out your knee jerking
    and fuck-ups, repeatedly. You get nothing straight. You can't answer, respond, show or post
    a fucking thing. You make up bullshit from your previous bullshit. You're an ignorant sot and
    only good for poking fun and laughing at.

    .
    .
    .



    You think salesmen(brokers) and bean counters(CPAs) somehow nothing anything about investing. That's rich.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Jul 14 17:26:05 2023
    On Friday, July 14, 2023 at 5:16:23 PM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 5:07:58 PM UTC-7, VegasJerry wrote:
    On Friday, July 14, 2023 at 12:56:29 PM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities
    via the big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression
    scheme going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA
    and quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since
    2000, Gold beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other
    iinvestments at other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities,
    including inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous
    cheap debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an
    ignorant jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to
    learn your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best
    investment out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    .

    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    "The Oracle of Omaha believes that diversification is only necessary if you don't know what you're doing. Despite overseeing $347 billion in invested assets, approximately 89% of Warren Buffett's portfolio is concentrated in only 11 stocks." -- The
    Motley Fool

    Yet another "ignorant moron" who buys stock and holds it for decades. He should hire Jack as an investment advisor before he loses it all!
    .

    Yea. I was about 5-years from retirement and I showed my CPA where this one stock was really doing good (this is in the 90's where everybody was making money in the marked). I asked if I should diversify, just to be safe. He said, "Why? You're making
    good money. If this stock failed for some reason, you still have a number of working years left to recover."

    I stayed with it and made between 10 to 20%, all the way to retirement.
    .

    Ok, so you got fortunate on one stock...

    WRONG #1. I researched it.
    .

    had a couple guys confirm your bias until you felt comfortable

    WRONG #2. I held it for years and only discussed diversifying.

    and caused you to risk your profit.

    WRONG #3. No risk.

    So, maybe...

    Heh. Go back and see your previous bitch-slapping by us, you fool, and add these three...

    LOL!







    when you are at the craps table and some lawyer or whatever professional title is playing with you and suggests you keep pressing your bets because you've won a few bets, you'll just keep pressing. Genius strategy. Moron.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to VegasJerry on Fri Jul 14 17:16:19 2023
    On Friday, July 14, 2023 at 5:07:58 PM UTC-7, VegasJerry wrote:
    On Friday, July 14, 2023 at 12:56:29 PM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 5:07:27 AM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 2:37:22 AM UTC-7, BillB wrote:
    On Friday, July 14, 2023 at 12:46:16 AM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 6:39:25 PM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 2:26:49 PM UTC-7, jack roth wrote:
    On Thursday, July 13, 2023 at 9:59:31 AM UTC-7, BillB wrote:
    On Thursday, July 13, 2023 at 4:56:22 AM UTC-7, jack roth wrote:
    On Wednesday, July 12, 2023 at 7:32:13 PM UTC-7, BillB wrote:
    On Wednesday, July 12, 2023 at 6:49:14 PM UTC-7, Paul Popinjay wrote:

    The Dollar Index is 100.54, I can't remember it being that low.
    It was lower than that for about 95% of the last 20 years. You might want to have your doctor check your medications.
    1. The DXY charts definitely say it's headed lower...next stop is 97.
    2. DXY is just USD vs some currencies which is all relative. Now, what counts is all fiat currencies vs commodities like gold. And, via naked shorting and massive leverage our govt has been able to suppress prices of commodities
    via the big banks who own the Fed and need to protect fiat currencies. Problem for those banks and the Fed right now is if the commodity producing nations create a commodity backed currency, it'll be slowly be able to dismantle this price suppression
    scheme going on by Western Govts/Fed/Banking powers.
    3. Furthermore, if everyone gets off the petrodollar, there will be a much smaller demand for USD on Forex which which was specifically what protected the USD after Nixon took us off the gold standard.
    4. Eventually, commodities will become very expensive in USD and this will hurt the standard of living in the USA. The USA is trying to counter this right now by the the fastest ever onshoring of manufacturing back into the USA
    and quite possibly trying to corner certain industries including Weapons, semiconductors, and food so we'll have some leverage on the rest of the world when it comes to future trading for commodities.
    Nobody is stopping you from betting your net worth against America. Go for it. Just keep in mind that strategy has a worse than dismal track record.
    That is a VERY ignorant way of looking at things for a number of reasons. 1. The entire lifetime of the market is a phony way to look at it since it's longer than anyone's time frame. If you want to look at the best return since 2000,
    Gold beat everything including any index in the stock market. 2. The truth is the market goes in four distinct cycles like seasons, so the most effective way to invest is to follow the cycles going in one type of investment at times and other
    iinvestments at other times. Currently, we're just entering a commodity supercycle which don't happen often, so investing in commodities is your best best....furthermore, there are other factors happening simultaneously that are also good for commodities,
    including inflation, fiat currency/debt crises globally, etc. You see, when interest rates are high, it gets expensive to finance business, so all those stocks you are touting right now like a moron are only bubbling high because they took out enormous
    cheap debt years ago to buyback stock...well, now with higher interest rates, when they need to roll their bonds to the higher rate, they won't be able to service their debt and you'll be/are seeing many many companies going bankrupty. So, you are an
    ignorant jackoff saying stocks are way to be right now. We need to go thru a bankruptcy cycle which will maybe get rates brought back down and at some point maybe high tech and stronger companies re-emerge. So, BillB, quit talkin>g out your ass about the
    market. Right now, metals, cash, etc are the best investments. Maybe in a couple years this changes....like I said, this shit comes and goes in >cycles.

    Seems like you are hitting the pipe a little hard today. I stated two facts. Both true.
    Your "facts" are meaningless and a patently ignorant way of viewing investing. BTW, if you think you are such a hotshot investor, set up one of those little online contests where we have competing portfolios. I'm totally game. Time to
    learn your lesson, Hoss.
    Facts don't "view investing." They are simply facts.

    It's a fact gold has been the vest investment out there since 2000.
    If you invested $10,000 in gold at the beginning of 2000 you now have about $68,000. Not bad. If you invested $10,000 in Apple at the beginning of 2003 you now about $6.6 million. Somewhat better. So your claim that gold "has been the best
    investment out there since 2000" is a wee bit of an exaggeration. You knew in 2000 that big tech was going to be huger than it already was, right? Every hotshot investor did. But you bet on a hunk of metal instead of 'Merica? Shame on you.
    .

    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    "The Oracle of Omaha believes that diversification is only necessary if you don't know what you're doing. Despite overseeing $347 billion in invested assets, approximately 89% of Warren Buffett's portfolio is concentrated in only 11 stocks." -- The
    Motley Fool

    Yet another "ignorant moron" who buys stock and holds it for decades. He should hire Jack as an investment advisor before he loses it all!
    .

    Yea. I was about 5-years from retirement and I showed my CPA where this one stock was really doing good (this is in the 90's where everybody was making money in the marked). I asked if I should diversify, just to be safe. He said, "Why? You're making
    good money. If this stock failed for some reason, you still have a number of working years left to recover."

    I stayed with it and made between 10 to 20%, all the way to retirement.

    Ok, so you got fortunate on one stock...had a couple guys confirm your bias until you felt comfortable and caused you to risk your profit. So, maybe when you are at the craps table and some lawyer or whatever professional title is playing with you and
    suggests you keep pressing your bets because you've won a few bets, you'll just keep pressing. Genius strategy. Moron.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Jul 14 17:18:37 2023
    On Friday, July 14, 2023 at 5:14:14 PM UTC-7, jack roth wrote:
    On Friday, July 14, 2023 at 1:11:15 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Friday, July 14, 2023 at 7:56:32 AM UTC-7, Bradley K. Sherman wrote: >> Paul Popinjay <[email protected]> wrote:
    On Friday, July 14, 2023 at 6:18:13 AM UTC-7, BillB wrote:

    If you invested $10,000 in gold at the beginning of 2000 you now have
    about $68,000. Not bad. If you invested $10,000 in Apple at the
    beginning of 2003 you now about $6.6 million.

    If I "invested" in gold, I have real money. If I invest in Apple, I
    have fake money.
    Try spending gold at Safeway. They prefer plastic.

    Hey dumbass, you can get plastic credit cards backed by your physical >gold on deposit. so, ya, you can have gold and use it easily.
    Only be converting it to fiat, as you admit. They will take a
    $50 bill at Safeway, but not a krugerrand.

    --bks
    Don't be stupid. Safeway isn't holding onto fiat either. They are converting it to many things....more food for example...perhaps some of their employees are converting their fiat paychecks to gold.
    .

    See what I mean?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Fri Jul 14 17:33:22 2023
    On Friday, July 14, 2023 at 8:04:33 PM UTC-4, jack roth wrote:
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    So, let me get this straight. You think salesmen(brokers) and bean counters(CPAs) somehow nothing anything about investing. That's rich.

    I talked with quite a number over the years. When it came down to it, most didn't even understand compound interest.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Fri Jul 14 17:31:34 2023
    On Friday, July 14, 2023 at 12:57:59 PM UTC-4, jack roth wrote:
    On Friday, July 14, 2023 at 9:54:40 AM UTC-7, Tim Norfolk wrote:
    On Friday, July 14, 2023 at 3:41:23 AM UTC-4, jack roth wrote:
    On Thursday, July 13, 2023 at 5:50:00 PM UTC-7, RichD wrote:
    On July 13, jack roth wrote:
    Predicting the future is hard, but right now wages are up, inflation is low,
    Ok, bullshit. REAL wages are lower than they were before the pandemic.
    With real leadership, we'd have Zimbabwe level wages, the highest
    in the world -

    https://www.geopoliticalmonitor.com/new-currency-new-hope-for-zimbabwe/
    Inflation is in no way low.
    Not so, prices have rolled back to 2020 levels, thanks to Bidenomunism,
    have they not? Inflation is cured!

    --
    Rich
    Tell me what prices have rolled back? Certainly not car prices. Certainly not healthcare. Certainly not any food or utility prices. Housing in many markets is still in a bubble. Even a worse crime that I left out is that taxes aren't accounted for
    in CPI. So, when government keeps jacking up your taxes...like CA is sure as hell doing constantly, they act like it's not inflation.
    The prices for the animal feed that I buy dropped 5% this week, after rising for a couple of years.
    Could be a lot of reasons for that....it's called the free market...sometimes they bring in a new cheaper brand...sometimes they drop the price 5% and then sell you a smaller size...called shrinkflation...happening in all grocery stores right now. Or,
    being that feed is a commodity, there are different weather events that can cause a bumper crop one year lowering price and maybe drought the next year raising the price. The price change alone you are spewing about isn't enough information to tell us
    what's going on.....and BTW, how much did your feed go up the last couple years....100%? 70%? 5% isn't much of a break....especially when it can go right back up next year.

    Looking back, it was up about 20% in a couple of years.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Fri Jul 14 18:43:18 2023
    On Friday, July 14, 2023 at 5:33:26 PM UTC-7, Tim Norfolk wrote:
    On Friday, July 14, 2023 at 8:04:33 PM UTC-4, jack roth wrote:
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    So, let me get this straight. You think salesmen(brokers) and bean counters(CPAs) somehow nothing anything about investing. That's rich.
    I talked with quite a number over the years. When it came down to it, most didn't even understand compound interest.

    Well, I don't know who the morons of your social circle are, but I'm more thoroughly acquainted with all manners of investing than anyone that's going to set foot in this group. And, like I said, I have many types of investments including those earning
    compound interest. I just think we've entered an unusual commodity cycle during a particularly rare time(4th turning) where it pays to have some insurance. So, ya, I have various accounts...multiple retirement accounts I won't even touch for years....
    but during this unusual cycle, I've begun to purchase some miners and some metals. I also have other assets I could sell and average down if I had to like my expensive ass house...or maybe in worst case scenario I sell my new suburban or even some of my
    more expensive guns, but unless we go to all out civil war, I doubt that'll be the case.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Fri Jul 14 18:36:57 2023
    On Friday, July 14, 2023 at 5:33:26 PM UTC-7, Tim Norfolk wrote:
    On Friday, July 14, 2023 at 8:04:33 PM UTC-4, jack roth wrote:
    On Friday, July 14, 2023 at 12:39:06 PM UTC-7, VegasJerry wrote:
    You ignorant moron, precisely nobody puts it all on a single stock.
    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    So, let me get this straight. You think salesmen(brokers) and bean counters(CPAs) somehow nothing anything about investing. That's rich.
    I talked with quite a number over the years. When it came down to it, most didn't even understand compound interest.

    Well, 1. Nearly all tech stocks don't pay dividends. 2. Until VERY recently, you could earn next to nothing on compound interest, but recently things have change for short term investors and they can get 5%+ on CDs. BUT, 3. These days you run the
    risk of bank failures, currency crisis, and hyperinflation..we're still expecting two bigger waves of inflation to come. Going to be pretty funny if you are earning 5% inflation while real inflation is much higher. 4. Gold, first of all is insurance
    against gambler's ruin...anny proper poker player or vegas gambler should understand the dangers of gambler's ruin. Gold saves you from that, but also every so often a commodity cycle comes and gold shoots up much higher than 5%. This is one of those
    times and historically, when this happens, gold shoots up 800% from his previous low. It's previous low was about $1000, so even if we do just half of that over the next few years, gold should be around $4000....nice 400% return on a very safe asset.
    In this time of uncertainty, especially while getting older, it seems very appropriate to be in assets that save you from gambler's ruin.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to All on Fri Jul 14 20:12:31 2023
    On Friday, July 14, 2023 at 6:43:23 PM UTC-7, jack roth wrote:




    "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law,
    or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Paul Popinjay on Fri Jul 14 20:21:30 2023
    On Friday, July 14, 2023 at 8:12:35 PM UTC-7, Paul Popinjay wrote:
    On Friday, July 14, 2023 at 6:43:23 PM UTC-7, jack roth wrote:




    "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto
    Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

    Well, that rubicon was crossed many years ago. We've turned into a nation of no morals, few lines, and a complete lack of understanding of civics and law. Kids at any level of education are no longer learning anything except the indoctrination of
    wokeness being used to weaken the populace and turm them against each other so the ruling class can easily control them.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to VegasJerry on Sat Jul 15 09:55:01 2023
    On 7/14/2023 2:39 PM, VegasJerry wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:

    You ignorant moron, precisely nobody puts it all on a single stock.

    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.

    Prove it!

    [All $100?]

    Liar, liar ... no pants ... no play

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to Paul Popinjay on Sat Jul 15 11:58:58 2023
    On July 14, Paul Popinjay wrote:
    "No State shall ... emit Bills of Credit;

    They can't issue bonds to pay for their make work projects?

    or Law impairing the Obligation of Contracts, "

    Can the federal gummit impair the the obligation of contracts?
    i.e. cancel welfare bums obligations? er I mean student debts -

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Sat Jul 15 13:13:45 2023
    On Saturday, July 15, 2023 at 11:59:03 AM UTC-7, RichD wrote:
    On July 14, Paul Popinjay wrote:
    "No State shall ... emit Bills of Credit;

    They can't issue bonds to pay for their make work projects?

    It hasn't mattered for a while what the constitution says. The Deep State types have long been claiming the Constitution is archaic and always wanted to discredit it as law because it ties their hands.

    or Law impairing the Obligation of Contracts, "
    Can the federal gummit impair the the obligation of contracts?
    i.e. cancel welfare bums obligations? er I mean student debts -

    Congress can since they hold the purse strings. Biden absolutely can't, but he is because the Supreme Court itself is corrupted and as govt employees always tries to make the most narrow and limited decision possible that leave an infinite number of
    work arounds. So, in the case student debts, the Supremes denied Biden's first attempt at canceling debt because it was so large. So, Biden then canceled a smaller amount of debt and is floating that balloon to see if they go back to court and once
    again cancel him on that. But, the Constitution is pretty clear on who holds the purse strings and it's not the President.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to da pickle on Sat Jul 15 13:30:16 2023
    On Saturday, July 15, 2023 at 7:55:19 AM UTC-7, da pickle wrote:
    On 7/14/2023 2:39 PM, VegasJerry wrote:
    On Friday, July 14, 2023 at 9:25:46 AM UTC-7, jack roth wrote:

    You ignorant moron, precisely nobody puts it all on a single stock.

    WHA! HA~Ha!. I did, you fucking moron, and on advice of my broker and CPA.
    .

    Prove it!

    Prove what? That you're desperately trying to defend Jack Froth-at-the-mouth? The guy's proven moron.



    [All $100?]

    Liar, liar ... no pants ... no play

    *** Here's the good part ***

    *** Then you should have no trouble proving that, pickle brain... ***

    See? And I've run off another one.....

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sat Jul 15 13:32:04 2023
    On Saturday, July 15, 2023 at 1:13:48 PM UTC-7, jack roth wrote:
    On Saturday, July 15, 2023 at 11:59:03 AM UTC-7, RichD wrote:
    On July 14, Paul Popinjay wrote:
    "No State shall ... emit Bills of Credit;

    They can't issue bonds to pay for their make work projects?
    It hasn't mattered for a while what the constitution says. The Deep State types have long been claiming the Constitution is archaic and always wanted to discredit it as law because it ties their hands.
    or Law impairing the Obligation of Contracts, "
    Can the federal gummit impair the the obligation of contracts?
    i.e. cancel welfare bums obligations? er I mean student debts -
    Congress can since they hold the purse strings. Biden absolutely can't, but he is because the Supreme Court itself is corrupted and as govt employees always tries to make the most narrow and limited decision possible that leave an infinite number of
    work arounds. So, in the case student debts, the Supremes denied Biden's first attempt at canceling debt because it was so large. So, Biden then canceled a smaller amount of debt and is floating that balloon to see if they go back to court and once again
    cancel him on that. But, the Constitution is pretty clear on who holds the purse strings and it's not the President.
    .

    See what I mean, Pickle? A certified moron....

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to jack roth on Sat Jul 15 16:53:39 2023
    On July 14, jack roth wrote:
    let's look at the numbers.
    S&P 500:
    https://www.slickcharts.com/sp500/returns
    Since 2001, 18 years up, 5 years down.
    Net, an average +6% / year, which compounds.
    So, $100 in 2001, at 6% / year, compounded over 23 years, total: $380
    gold:
    2001: $400 / oz
    2023: $1950 / oz
    $100 ==> $480

    Gold wins.
    BUT: a large portion of that run started in April 2020,
    distorted by the COVID crisis. Thus not reliable, long term.

    Saying a large portion of the run started is april 2020 is fraudulent because literally everything tanked in 2020. Go from 2000-2019 and it was already winning

    You're confused. Gold zoomed UP in 2020. "everything tanked
    in 2020" includes S&P 500. That means stocks did relatively
    WORSE the last 3 years. Which means 2000 - 2019, stocks performed
    BETTER than gold, relatively, than 2001 - 2023.

    First of all, gold has been reliable for thousands of years.
    You can buy these days pretty much the same as you could buy in ancient Rome...

    That statement is in a class by itself -


    Anyway, let's look at the performance of gold, since 1789: https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf 1789: $20 / oz.
    Today: $1900 / oz.
    Return on "investment": 95x

    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates: https://advisor.visualcapitalist.com/us-interest-rates/
    hmmm, looks like 3 - 4%
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x

    Another one bites the dust!

    And stock market returns are even higher -

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to RichD on Sat Jul 15 17:19:42 2023
    On Saturday, July 15, 2023 at 4:53:44 PM UTC-7, RichD wrote:
    On July 14, jack roth wrote:
    let's look at the numbers.
    S&P 500:
    https://www.slickcharts.com/sp500/returns
    Since 2001, 18 years up, 5 years down.
    Net, an average +6% / year, which compounds.
    So, $100 in 2001, at 6% / year, compounded over 23 years, total: $380
    gold:
    2001: $400 / oz
    2023: $1950 / oz
    $100 ==> $480

    Gold wins.
    BUT: a large portion of that run started in April 2020,
    distorted by the COVID crisis. Thus not reliable, long term.

    Saying a large portion of the run started is april 2020 is fraudulent because
    literally everything tanked in 2020. Go from 2000-2019 and it was already winning
    You're confused. Gold zoomed UP in 2020. "everything tanked
    in 2020" includes S&P 500. That means stocks did relatively
    WORSE the last 3 years. Which means 2000 - 2019, stocks performed
    BETTER than gold, relatively, than 2001 - 2023.
    First of all, gold has been reliable for thousands of years.
    You can buy these days pretty much the same as you could buy in ancient Rome...
    That statement is in a class by itself -


    Anyway, let's look at the performance of gold, since 1789: https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf
    1789: $20 / oz.
    Today: $1900 / oz.
    Return on "investment": 95x

    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates: https://advisor.visualcapitalist.com/us-interest-rates/
    hmmm, looks like 3 - 4%
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x

    Another one bites the dust!

    And stock market returns are even higher -

    --
    Rich
    .

    *** IOW. Jack Froth-at-the-mouth joins Dull Pickle and runs away.... ***

    LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Sat Jul 15 18:03:27 2023
    On Saturday, July 15, 2023 at 4:53:44 PM UTC-7, RichD wrote:

    Anyway, let's look at the performance of gold, since 1789: https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf
    1789: $20 / oz.
    Today: $1900 / oz.
    Return on "investment": 95x

    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates: https://advisor.visualcapitalist.com/us-interest-rates/
    hmmm, looks like 3 - 4%
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x
    -- > Rich

    This one is so stupid it's almost not worth responding, but I'll give it a try. 1. There was no inflation for many many years....Gold was specifically valued at $20 for a very long time. It was money. It was safety.
    2. Banks- You are a moron if you think banks were paying 3% for 220 years. First off, banks weren't insured for most of that time...the banknotes they issues were often worthless. Gold and silver were the only thing of value. Imagine all that
    confederate script back then...Plus, banks got robbed and you lost your money....banks failed back then and you lost your money.
    3. As I've said repeatedly now, but you people never seem to listen. I wouldn't hold gold or any investment for 220years. I also wouldn't hold only gold either. Economy goes in cycles. In the history of the united states there have been many booms
    and bust times. You need to anticipate what cycle you are entering and adult your investments accordingly. Right now, we're entering recession and a commodity cycle that many thing is a super commodity cycle. Additionally, there is a lot of currency
    risk and other types of risk in the world, so it makes sense to hold some precious metals. I've witnessed this several times in my life and you need all the malinvestment and bankruptcycle to finish before you get back into growth stocks because there
    are too many companies with too much debt(zombie companies) that need to be allowed to fail...and then re restart the growth cycle...but even then I wouldn't invest in growth stocks until I saw that the risk of WW3 and the currency crises are abated, so
    I'm going to be overweight metals and buying some mining stocks, commodity indexes, and mutual funds in SE Asia...things like that as their prices look favorable.
    By all means, I hope you morons stay invested in your one single stock. See ya in a couple years and tell me how it's working out for ya.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Sat Jul 15 19:02:01 2023
    On Saturday, July 15, 2023 at 4:53:44 PM UTC-7, RichD wrote:

    in 2020" includes S&P 500. That means stocks did relatively
    WORSE the last 3 years. Which means 2000 - 2019, stocks performed
    BETTER than gold, relatively, than 2001 - 2023.
    Rich

    1. You must be smoking crack. Gold was like $266 Nov 2000 and $1800 in August 2019. That is almost a 7x gain in 19years. Perhaps, when you check historical charts you learn to uncheck the log scale and inflation adjusted boxes, you moron.
    2. Any time gold falls, you can be sure as shit that's the margin clark selling any remaining asset he can of clients who blew their wad on derivatives. And, gold recovers first, so the truth is when gold falls, it's because the market has fallen also.
    You don't seem to mention that factoid.
    3. A little investment primer here for you...a Mav clinic on what you fools don't seem to understand because this current environment doesn't come around often in the last 40 years. When rates are high, stocks are bad because every moron public
    company bought up billions in cheap bonds to buyback stocks and bubble the stock market so their CEO's can sell their options for profits. The problem is when the fed raises rates, suddenly those companies become highly insolvent because they can no
    longer service their debts when it's time to roll the bonds at vastly higher rates. The last time rates were in this range was 2008 and it killed the market. Sure as shit, he may not being say it, but Powell will raise rates until the market tanks 50-
    70%. My guess is the time frame for this begins this Sept 15th on quad witching hour. Once the Fed pivots on rates, the real recession begins and gold and silver go apeshit upwards for a while....no one knows how high, but in a full cycle like this,
    Gold tends to go up 8x and silver 2x-3x of gold's rise. This will last for a whilte and after the layoffs and the bankruptcies, suddenly money will decide to flow back into growth stocks and gold will sink back down to about half of it's new high over
    the course of a few years. You can probably guess when to get back into growth stocks as the bankruptcies and unemployment will have subsided a bit. This will be your opportunity to get back into growth stocks and the new high flying high tech
    stocks. The older you are, the more your stocks should maybe include some regularly paying dividend stocks for income.

    But, you guys do you. Go invest it all in one overvalued high tech stock right now YOLO. WTF do you care if you lose 70% of it's value right when you are entering old age and don't have time for it to recover in your lifetime....and remember the pre-
    existing high tech stocks sometimes never recover....lucent, nortel, various HP spinoffs, etc.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to VegasJerry on Sun Jul 16 12:56:23 2023
    On Saturday, July 15, 2023 at 5:19:47 PM UTC-7, VegasJerry wrote:
    On Saturday, July 15, 2023 at 4:53:44 PM UTC-7, RichD wrote:
    On July 14, jack roth wrote:
    let's look at the numbers.
    S&P 500:
    https://www.slickcharts.com/sp500/returns
    Since 2001, 18 years up, 5 years down.
    Net, an average +6% / year, which compounds.
    So, $100 in 2001, at 6% / year, compounded over 23 years, total: $380 >> gold:
    2001: $400 / oz
    2023: $1950 / oz
    $100 ==> $480

    Gold wins.
    BUT: a large portion of that run started in April 2020,
    distorted by the COVID crisis. Thus not reliable, long term.

    Saying a large portion of the run started is april 2020 is fraudulent because
    literally everything tanked in 2020. Go from 2000-2019 and it was already winning
    You're confused. Gold zoomed UP in 2020. "everything tanked
    in 2020" includes S&P 500. That means stocks did relatively
    WORSE the last 3 years. Which means 2000 - 2019, stocks performed
    BETTER than gold, relatively, than 2001 - 2023.
    First of all, gold has been reliable for thousands of years.
    You can buy these days pretty much the same as you could buy in ancient Rome...
    That statement is in a class by itself -


    Anyway, let's look at the performance of gold, since 1789: https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf
    1789: $20 / oz.
    Today: $1900 / oz.
    Return on "investment": 95x

    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates: https://advisor.visualcapitalist.com/us-interest-rates/
    hmmm, looks like 3 - 4%
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x

    Another one bites the dust!

    And stock market returns are even higher -

    --
    Rich
    .

    *** IOW. Jack Froth-at-the-mouth joins Dull Pickle and runs away.... ***

    LOL!
    .

    *** And they're both still Running & Hiding...*** LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sun Jul 16 13:00:26 2023
    On Saturday, July 15, 2023 at 6:03:31 PM UTC-7, jack roth wrote:
    On Saturday, July 15, 2023 at 4:53:44 PM UTC-7, RichD wrote:
    Anyway, let's look at the performance of gold, since 1789: https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf
    1789: $20 / oz.
    Today: $1900 / oz.
    Return on "investment": 95x

    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates: https://advisor.visualcapitalist.com/us-interest-rates/
    hmmm, looks like 3 - 4%
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x
    -- > Rich

    This one is so stupid it's almost not worth responding, but I'll give it a try.
    1. There was no inflation for many many years....Gold was specifically valued at $20 for a very long time. It was money. It was safety.
    2. Banks- You are a moron if you think banks were paying 3% for 220 years. First off, banks weren't insured for most of that time...the banknotes they issues were often worthless. Gold and silver were the only thing of value. Imagine all that
    confederate script back then...Plus, banks got robbed and you lost your money....banks failed back then and you lost your money.
    3. As I've said repeatedly now, but you people never seem to listen. I wouldn't hold gold or any investment for 220years. I also wouldn't hold only gold either. Economy goes in cycles. In the history of the united states there have been many booms and
    bust times. You need to anticipate what cycle you are entering and adult your investments accordingly. Right now, we're entering recession and a commodity cycle that many thing is a super commodity cycle. Additionally, there is a lot of currency risk and
    other types of risk in the world, so it makes sense to hold some precious metals. I've witnessed this several times in my life and you need all the malinvestment and bankruptcycle to finish before you get back into growth stocks because there are too
    many companies with too much debt(zombie companies) that need to be allowed to fail...and then re restart the growth cycle...but even then I wouldn't invest in growth stocks until I saw that the risk of WW3 and the currency crises are abated, so I'm
    going to be overweight metals and buying some mining stocks, commodity indexes, and mutual funds in SE Asia...things like that as their prices look favorable.
    By all means, I hope you morons stay invested in your one single stock. See ya in a couple years and tell me how it's working out for ya.
    .

    I did for over 10-years, 20-years ago. I'm still living off it.
    About us showing you wrong, how's that working out for you?
    * Oh, yea, you don't answer; you Run & Hide.

    LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Mon Jul 17 12:35:50 2023
    |
    | Markets Appear Convinced the Fed Can Pull Off a Soft Landing
    |
    | Stocks surged this past week on evidence that inflation is
    | cooling
    | ... <https://www.wsj.com/articles/markets-appear-convinced-the-fed-can-pull-off-a-soft-landing-700a40dd>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Mon Jul 17 07:26:26 2023
    On Monday, July 17, 2023 at 5:35:58 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Markets Appear Convinced the Fed Can Pull Off a Soft Landing
    |
    | Stocks surged this past week on evidence that inflation is
    | cooling
    | ... <https://www.wsj.com/articles/markets-appear-convinced-the-fed-can-pull-off-a-soft-landing-700a40dd>

    --bks

    If you look at history, you'll see how the market always peaks right before it gets wiped out completely. Furthermore, inflation comes in waves...usually three of them...and the market rising right now is meaningless in that it's summer. Wait till
    after Labor day and we'll see what's what. As I've said before, 9/15 is Quadruple Witching Hour this year...and the Monday before it is 9/11.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Mon Jul 17 07:43:09 2023
    On Monday, July 17, 2023 at 7:29:16 AM UTC-7, Bradley K. Sherman wrote:
    | Markets Appear Convinced the Fed Can Pull Off a Soft Landing
    |
    | Stocks surged this past week on evidence that inflation is
    | cooling

    |
    | Pay Raises Are Finally Beating Inflation After Two Years of
    | Falling Behind
    |
    | Wages rise more than 4% while consumer prices increase 3%
    | ... <https://www.wsj.com/articles/pay-raises-are-finally-beating-inflation-after-two-years-of-falling-behind-3e89bc2d>

    --bks

    More outright stupidity because 1. Inflation doesn't factor in all the increased taxes. 2. CPI keeps being faked and tweaked to give more desirable results. 3. As I've said, inflation comes waves. Just because there is a month or two where
    inflation eased a little, doesn't mean wages have caught up. Fact is they haven't caught up at all, much less beat inflation. 4. Look at Shadowstats that measures inflation consistently the old way where you can measure apples to apples...you'll see
    we constantly ignore at least half of inflation. 5. Inflation gains are incremental. Just because wages allegedly beat them one month, doesn't maean they've made up for the last three years. Duh.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Mon Jul 17 08:04:51 2023
    On Monday, July 17, 2023 at 7:51:04 AM UTC-7, Bradley K. Sherman wrote:

    I present facts from the right-wing Wall Street Journal.

    So, you present main street media. Fuck you.

    You can bet your life my facts are more real than any of yours.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Mon Jul 17 14:29:10 2023
    | Markets Appear Convinced the Fed Can Pull Off a Soft Landing
    |
    | Stocks surged this past week on evidence that inflation is
    | cooling

    |
    | Pay Raises Are Finally Beating Inflation After Two Years of
    | Falling Behind
    |
    | Wages rise more than 4% while consumer prices increase 3%
    | ... <https://www.wsj.com/articles/pay-raises-are-finally-beating-inflation-after-two-years-of-falling-behind-3e89bc2d>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Mon Jul 17 14:50:57 2023
    jack roth <[email protected]> wrote:

    | Markets Appear Convinced the Fed Can Pull Off a Soft Landing

    | Pay Raises Are Finally Beating Inflation After Two Years of
    | Falling Behind

    More outright stupidity because
    ...

    I present facts from the right-wing Wall Street Journal.
    My interlocutors make self-serving assertions.
    Twas ever thus.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Mon Jul 17 15:05:49 2023
    jack roth <[email protected]> wrote:
    On Monday, July 17, 2023 at 7:51:04 AM UTC-7, Bradley K. Sherman wrote:

    I present facts from the right-wing Wall Street Journal.

    So, you present main street media. Fuck you.
    ...

    Where do you get your facts? The fillings in your teeth?

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Mon Jul 17 09:11:58 2023
    On Monday, July 17, 2023 at 8:05:56 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Monday, July 17, 2023 at 7:51:04 AM UTC-7, Bradley K. Sherman wrote:

    I present facts from the right-wing Wall Street Journal.

    So, you present main street media. Fuck you.
    ...

    Where do you get your facts? The fillings in your teeth?

    Certainly not some lame main street media source like WSJ. Duh. Now, dumbass, I've already listed one of the sources previously. Being that your "source" is WSJ indicates to me you are too lazy to look too hard and/or even learn a single thing in
    life, so I'm notta waste my time giving you a presentation. May I suggest you start googling topics, learning the different sources and the people who matter in the industry. But just a single example for a complete ignorant dumbfuck like you, I'll
    mention ST Louis Fred site. That can provide plenty of data for you. Problem is you have obviously zero education in the matter and don't understand how to interpret, analyze, or otherwise utilize the data to get your desired information. And, as I've
    previously said, the Shadow Stats site has some really good information...apparently you didn't even bother to check it out yet. And, before you even bother wasting your time with some newspaper article...none of which are worth reading, there are a
    number of experts in private industry out there who are the true experts....way more so than some moron like Yellen. I listen to a number of them and often they each specialize on different topics. For example, Brent Johnson talks a lot about his
    milkshake theory....Matthew Piepenburg is a wonderful intellect who writes great articles/videos on money policy including gold, Francis Hunt who is pretty sharp and can give you some chart analysis in his videos. There are just a number of people out
    there and I listen to a variety of them and spent years building a complete picture of how the entire system works....not just some chump ass WSJ article and throw it someone's face as if it were "facts". If there's one thing you can clearly see these
    days is all the main street media articles are written by ignorant chumps these days..."journalists" who know nothing really on the topic they write, aren't very intelligent, often can't write, and are just churning out crap for you to digest.
    Sometimes those articles are just AI shit not even attributed to a human.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to jack roth on Mon Jul 17 11:44:06 2023
    On July 15, jack roth wrote:
    Anyway, let's look at the performance of gold, since 1789:
    https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf
    1789: $20 / oz.
    Today: $1900 / oz.
    Return on "investment": 95x
    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates:
    https://advisor.visualcapitalist.com/us-interest-rates/
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x

    1. There was no inflation for many many years....Gold was specifically valued at $20 for a very long time.
    It was money. It was safety.

    Let's go back to 1913, the formation of the Federal Reserve, the
    counterfeiters who sewered the dollar, the cause of massive inflation
    for a century. The smart money at that time - guys like you - plowed
    into gold, for SAFETY and REAL MONEY.

    Gold price, 1913: $19 / oz.
    $100 buys 5 oz.
    gold price, 2023: $1900 / oz.
    So, $100 ==> $9500, 1913 ... 2023

    I found the ideal source for this debate: https://www.officialdata.org/us/stocks/s-p-500/1913
    Plug in any 2 years, it calculates the S&P 500 return.

    $100 S&P 500 ==> $3.8 MILLION, 1913 ... 2023

    LOLOLOLOLOLOLOL
    oh shit, I busted two ribs -

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Mon Jul 17 18:42:13 2023
    |
    | Despite a year when inflation pushed prices to new heights,
    | Americans are still better off now than before the
    | pandemic, with nearly 10 to 15 percent more in their bank
    | accounts than in 2019, new checking and savings account
    | data shows.
    | ... <https://www.washingtonpost.com/business/2023/07/17/bank-accounts-excess-cash-savings/>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Mon Jul 17 12:29:08 2023
    On Monday, July 17, 2023 at 11:44:11 AM UTC-7, RichD wrote:
    On July 15, jack roth wrote:
    Anyway, let's look at the performance of gold, since 1789:
    https://nma.org/wp-content/uploads/2016/09/historic_gold_prices_1833_pres.pdf
    1789: $20 / oz.
    Today: $1900 / oz.
    Return on "investment": 95x
    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates:
    https://advisor.visualcapitalist.com/us-interest-rates/
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x

    1. There was no inflation for many many years....Gold was specifically valued at $20 for a very long time.
    It was money. It was safety.
    Let's go back to 1913, the formation of the Federal Reserve, the counterfeiters who sewered the dollar, the cause of massive inflation
    for a century. The smart money at that time - guys like you - plowed
    into gold, for SAFETY and REAL MONEY.

    Gold price, 1913: $19 / oz.
    $100 buys 5 oz.
    gold price, 2023: $1900 / oz.
    So, $100 ==> $9500, 1913 ... 2023

    I found the ideal source for this debate: https://www.officialdata.org/us/stocks/s-p-500/1913
    Plug in any 2 years, it calculates the S&P 500 return.

    $100 S&P 500 ==> $3.8 MILLION, 1913 ... 2023

    LOLOLOLOLOLOLOL
    oh shit, I busted two ribs -

    --
    Rich

    Here's what you mental midget left out. I never once said you should always hold and only hold gold. At this point, I've repeatedly posted the market goes in cycles. I wonder how much you could have made in the SP500 if you hopped into Gold during it'
    s negative years, eh? But, your dumb ass only hears what you want to. Also, there were smart millionaires back in 1913...some had hundreds of millions of dollars. You'd think one of them would have put a single million into an sp500 for his
    descendants and have over $3Trillion now, right? Notice how it doesn't work out that way? There are multiple reasons why....bet you can't figure them out.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Mon Jul 17 12:20:37 2023
    On Monday, July 17, 2023 at 11:42:20 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Despite a year when inflation pushed prices to new heights,
    | Americans are still better off now than before the
    | pandemic, with nearly 10 to 15 percent more in their bank
    | accounts than in 2019, new checking and savings account
    | data shows.
    | ... <https://www.washingtonpost.com/business/2023/07/17/bank-accounts-excess-cash-savings/>

    --bks
    1. This is utterly stupid. The only reason bank account went up in the first place was the rent moratorium when everyone was robbing the landlords for a couple years.
    2. This article needs to be updated, because there is current data out there that American savings rates has now gone to shit right when they suddenly have to start paying for rent again,....and(checks notes)...school loans again...and don't forget
    borrow rates are now through the roof.

    It's like I'm explaining this to children.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Mon Jul 17 20:13:44 2023
    jack roth <[email protected]> wrote:
    |
    | Despite a year when inflation pushed prices to new heights,
    | Americans are still better off now than before the
    | pandemic, with nearly 10 to 15 percent more in their bank
    | accounts than in 2019, new checking and savings account
    | data shows.
    | ...
    1. This is utterly stupid.
    ...

    Sure, Jack, if you say so.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Mon Jul 17 13:43:23 2023
    On Monday, July 17, 2023 at 1:13:51 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    |
    | Despite a year when inflation pushed prices to new heights,
    | Americans are still better off now than before the
    | pandemic, with nearly 10 to 15 percent more in their bank
    | accounts than in 2019, new checking and savings account
    | data shows.
    | ...
    1. This is utterly stupid.
    ...

    Sure, Jack, if you say so.

    --bks

    Don't believe me dumbass, here's the data right here on falling savings rates you ignorant putz: https://fred.stlouisfed.org/series/PSAVERT

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Tue Jul 18 12:39:15 2023
    On Monday, July 17, 2023 at 9:12:03 AM UTC-7, jack roth wrote:
    On Monday, July 17, 2023 at 8:05:56 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Monday, July 17, 2023 at 7:51:04 AM UTC-7, Bradley K. Sherman wrote:

    I present facts from the right-wing Wall Street Journal.

    So, you present main street media. Fuck you.
    ...

    Where do you get your facts? The fillings in your teeth?
    .

    And judging by the following inability to answer, we'll have to take your rambling as a "Yes."
    .
    .



    Certainly not some lame main street media source like WSJ. Duh. Now, dumbass, I've already listed one of the sources previously. Being that your "source" is WSJ indicates to me you are too lazy to look too hard and/or even learn a single thing in life,
    so I'm notta waste my time giving you a presentation. May I suggest you start googling topics, learning the different sources and the people who matter in the industry. But just a single example for a complete ignorant dumbfuck like you, I'll mention ST
    Louis Fred site. That can provide plenty of data for you. Problem is you have obviously zero education in the matter and don't understand how to interpret, analyze, or otherwise utilize the data to get your desired information. And, as I've previously
    said, the Shadow Stats site has some really good information...apparently you didn't even bother to check it out yet. And, before you even bother wasting your time with some newspaper article...none of which are worth reading, there are a number of
    experts in private industry out there who are the true experts....way more so than some moron like Yellen. I listen to a number of them and often they each specialize on different topics. For example, Brent Johnson talks a lot about his milkshake theory..
    ..Matthew Piepenburg is a wonderful intellect who writes great articles/videos on money policy including gold, Francis Hunt who is pretty sharp and can give you some chart analysis in his videos. There are just a number of people out there and I listen
    to a variety of them and spent years building a complete picture of how the entire system works....not just some chump ass WSJ article and throw it someone's face as if it were "facts". If there's one thing you can clearly see these days is all the main
    street media articles are written by ignorant chumps these days..."journalists" who know nothing really on the topic they write, aren't very intelligent, often can't write, and are just churning out crap for you to digest. Sometimes those articles are
    just AI shit not even attributed to a human.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Tue Jul 18 12:37:30 2023
    On Monday, July 17, 2023 at 12:20:49 PM UTC-7, jack roth wrote:
    On Monday, July 17, 2023 at 11:42:20 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Despite a year when inflation pushed prices to new heights,
    | Americans are still better off now than before the
    | pandemic, with nearly 10 to 15 percent more in their bank
    | accounts than in 2019, new checking and savings account
    | data shows.
    | ... <https://www.washingtonpost.com/business/2023/07/17/bank-accounts-excess-cash-savings/>

    --bks
    1. This is utterly stupid.
    .
    .

    And you'll proceed to show us how stupid you are...
    .
    .


    The only reason bank account went up in the first place was the rent moratorium when everyone was robbing the landlords for a couple years.
    2. This article needs to be updated, because there is current data out there that American savings rates has now gone to shit right when they suddenly have to start paying for rent again,....and(checks notes)...school loans again...and don't forget
    borrow rates are now through the roof.

    It's like I'm explaining this to children.

    And even THAT laugh at you...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Tue Jul 18 12:41:29 2023
    On Monday, July 17, 2023 at 1:43:29 PM UTC-7, jack roth wrote:
    On Monday, July 17, 2023 at 1:13:51 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    |
    | Despite a year when inflation pushed prices to new heights,
    | Americans are still better off now than before the
    | pandemic, with nearly 10 to 15 percent more in their bank
    | accounts than in 2019, new checking and savings account
    | data shows.
    | ...
    1. This is utterly stupid.
    ...

    Sure, Jack, if you say so.

    --bks
    Don't believe me .
    .

    We don't, because you've answered NOTHING, shown NOTHING, linked to NOTHING. you simply blather and run.

    And that's what makes bitch-slapping you fun...
    .
    .
    .






    dumbass, here's the data right here on falling savings rates you ignorant putz: https://fred.stlouisfed.org/series/PSAVERT

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to jack roth on Thu Jul 20 10:47:38 2023
    On July 17, jack roth wrote:
    There was no inflation for many many years....Gold was specifically valued >>> at $20 for a very long time.  It was money. It was safety.

    Let's go back to 1913, the formation of the Federal Reserve, the
    counterfeiters who sewered the dollar, the cause of massive inflation
    for a century. The smart money at that time - guys like you - plowed
    into gold, for SAFETY and REAL MONEY.

    Also, there were smart millionaires back in 1913...
    You'd think one of them would have put a single million into an sp500
    for his descendants and have over $3Trillion now, right?  Notice how it doesn't
    work out that way? There are multiple reasons why....bet you can't figure them out.

    Wrong, dumbass, I can figure it out, and YOU can't.

    Your monkey brain explanation:  "Some years the market
    dropped, there were bank failures, they didn't ALWAYS gain!"
    uh, you're supposed to be a pokerista, and you don't grok
    the concept of fluctuations.

    Human brain:  because they TOOK PROFIT along the way.  
    They sold some of their gains, to SPEND it, and enjoy life.  
    That's the motive to work:  consumption.  Consume what
    you produce. (which excludes welfare state DemocRats)

    That's what wealth IS, the definition:  something you consume.  
    Which isn't yellow metal and bank statements.  And we place
    different values on different forms of wealth.  If it's never
    consumed, it's worthless.  

    So those rich folks cashed out, to buy Cadillacs and ski
    condos. While the nitwits and nut jobs, living in a log
    cabin, drool over their gold chests... "I have REAL MONEY,
    it's SAFE, the world is going to end tomorrow, I'll survive!"

    Gold,   1913  ... 2023:  $100  ==>  $9500
    Stocks,  1913 ... 2023:   $100  ==>   $3.8 MILLION

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to jack roth on Thu Jul 20 10:54:22 2023
    On July 17, jack roth wrote:
    What about a dollar? That goes in a bank, collects interest.
    Historical interest rates:
    https://advisor.visualcapitalist.com/us-interest-rates/
    Thus, $1, for 220 years, compounded @ 3%: $660
    Return on investment: 660x

    There was no inflation for many many years....Gold was specifically valued >>> at $20 for a very long time.  It was money. It was safety.

    Let's go back to 1913, the formation of the Federal Reserve, the
    counterfeiters who sewered the dollar, the cause of massive inflation
    for a century. The smart money at that time - guys like you - plowed
    into gold, for SAFETY and REAL MONEY.

    Here's what you mental midget left out. I never once said you should always hold
    and only hold gold. At this point, I've repeatedly posted the market goes in cycles.
    I wonder how much you could have made in the SP500 if you hopped into Gold during
    it's negative years, eh?

    wow
    You don't grok long term average, long term vs. short term?  

    So, what I ought to do, every January, figure if the market will be up
    or down that year, and buy/sell accordingly? Brilliant! How come
    nobody ever thought of that? You're positively the reincarnation of Aristotle.

    You claim to be a pokerista, and you don't grok EV, and the reality
    of fluctuations? Like, no one can make a living at poker, there are
    no pros, since occasionally they have a bad day.

    Where do you play?  This information might be profitable.

    Gold,   1913  ... 2023:  $100  ==>  $9500
    Stocks,  1913 ... 2023:   $100  ==>   $3.8 MILLION

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Thu Jul 20 11:44:35 2023
    On Thursday, July 20, 2023 at 10:47:42 AM UTC-7, RichD wrote:

    That's what wealth IS, the definition: something you consume.
    Which isn't yellow metal and bank statements. And we place
    different values on different forms of wealth. If it's never
    consumed, it's worthless.

    As usual, you are flat out wrong on multiple parts:
    1. Gold isn't wealth. It's a STORE of wealth.
    2. The gold isn't worthless if I don't spend it. I can pass it on to my kids. Or, I can continue holding it as an insurance policy. Don't tell me insurance isn't dumb. I have many types of insurance, home, car, umbrella, etc...and I have currency
    crisis, bank crisis, 4th turning insurance in the form of gold. Sounds to me like you have no family or kids the way you only seem to think about yourself. AMIRITE?

    +
    So those rich folks cashed out, to buy Cadillacs and ski
    condos. While the nitwits and nut jobs, living in a log
    cabin, drool over their gold chests... "I have REAL MONEY,
    it's SAFE, the world is going to end tomorrow, I'll survive!"

    No, dummy. As I said, the correct investment and mix constantly changes. I never once said to keep all your investments in gold. And, you can tell how completely uneducated you are as to not understand history at all. There has been countless times in
    history...COUNTLESS...including very recent times all over the globe including the USA where Gold would have saved people's asses you ignorant fool. Those times don't always happen, but when they do, they are devastating. Imagine how devastating it
    was in the 30's when banks all over the country went belly up and everyone's savings went to money heaven. If they had some gold, they'd have been fine. And, nobody says not to spend money. I'm not stranger to spending money....and neither are my
    kids or my ex- when it comes to spending my money. But, once again, there's something to be said for having the brains to understand history and how absolutely unusual the last 40 years of low inflation, low interest, stable economic climate.
    Dumbasses like you get comfortable with that and think things can never change.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to RichD on Thu Jul 20 11:52:21 2023
    On Thursday, July 20, 2023 at 10:54:27 AM UTC-7, RichD wrote:

    You don't grok long term average, long term vs. short term?

    So, what I ought to do, every January, figure if the market will be up
    or down that year, and buy/sell accordingly? Brilliant! How come
    nobody ever thought of that? You're positively the reincarnation of Aristotle.

    Aristotle was a greek philospher, not a market trader. And, it's becoming very embarrassing for you that you can't comprehend this point about cycles. Just because you think the market is going up long term, doesn't mean sitting on a stock is your
    optimal trade, dumbshit.

    You claim to be a pokerista, and you don't grok EV, and the reality
    of fluctuations? Like, no one can make a living at poker, there are
    no pros, since occasionally they have a bad day.

    Now, here is where you are really showing how stupid you are. Let's suppose you are a long term winner. Does that mean you should always be sitting in the same game? No, of course not. Games get better and worse and it pays to pick and choose your
    game. In fact, I've always said the first lesson in poker is to choose the right game...and that you can be a loser in poker, yet be a long term winner if you always choose the right game. Similarly, your dumbass can pick an index that you think
    will always go up....doesn't mean that it's the best investment. You can rotate in and out of various assets based on the changing fed rate...for example...holding bonds can make a lot of money if rates go down....but then you'll want to dump those
    bonds if you think rates will go up...doesn't matter if those bonds pay you an interest rates long term. The Fed rate matters...and it's always changing. DUMBASS.

    Rich, you are a true ignorant investment retard. Fuck you with total disrespect.

    Where do you play? This information might be profitable.
    Gold, 1913 ... 2023: $100 ==> $9500
    Stocks, 1913 ... 2023: $100 ==> $3.8 MILLION

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to Bradley K. Sherman on Thu Jul 20 20:20:06 2023
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to Travel on Fri Jul 21 17:14:38 2023
    On Thursday, July 20, 2023 at 11:20:11 PM UTC-4, Travel wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).



    Silence is agreement, heh heh.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Travel on Fri Jul 21 17:36:53 2023
    On Friday, July 21, 2023 at 5:14:42 PM UTC-7, Travel wrote:
    On Thursday, July 20, 2023 at 11:20:11 PM UTC-4, Travel wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).
    Silence is agreement, heh heh.

    And maybe the conversation now should touch on all the unemployed they are hiding. Check out the U6 number they are ignoring.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to jack roth on Fri Jul 21 18:33:43 2023
    On Friday, July 21, 2023 at 8:36:57 PM UTC-4, jack roth wrote:
    On Friday, July 21, 2023 at 5:14:42 PM UTC-7, Travel wrote:
    On Thursday, July 20, 2023 at 11:20:11 PM UTC-4, Travel wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).
    Silence is agreement, heh heh.
    And maybe the conversation now should touch on all the unemployed they are hiding. Check out the U6 number they are ignoring.



    There really isn't anything that they don't lie about anymore; it all comes from the same-influenced source. Even those "fact check" sites have been debunked as phony.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Travel on Fri Jul 21 18:48:14 2023
    On Friday, July 21, 2023 at 6:33:48 PM UTC-7, Travel wrote:
    On Friday, July 21, 2023 at 8:36:57 PM UTC-4, jack roth wrote:
    On Friday, July 21, 2023 at 5:14:42 PM UTC-7, Travel wrote:
    On Thursday, July 20, 2023 at 11:20:11 PM UTC-4, Travel wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).
    Silence is agreement, heh heh.
    And maybe the conversation now should touch on all the unemployed they are hiding. Check out the U6 number they are ignoring.
    There really isn't anything that they don't lie about anymore; it all comes from the same-influenced source. Even those "fact check" sites have been debunked as phony.

    Listen to the part where he explains how the fed is hiking into the wrong type of inflation. Grocery bills going to pluto: https://www.youtube.com/watch?v=SDN2qfqLlLg&t=1098s

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 21 21:13:01 2023
    On Friday, July 21, 2023 at 8:49:49 PM UTC-7, BillB wrote:
    On Friday, July 21, 2023 at 5:36:57 PM UTC-7, jack roth wrote:
    On Friday, July 21, 2023 at 5:14:42 PM UTC-7, Travel wrote:
    On Thursday, July 20, 2023 at 11:20:11 PM UTC-4, Travel wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).
    Silence is agreement, heh heh.
    And maybe the conversation now should touch on all the unemployed they are hiding. Check out the U6 number they are ignoring.
    Hiding? More conspiracy theories?

    https://fred.stlouisfed.org/series/U6RATE

    Labor participation rate June 2008: 66.6%
    Labor participation rate Jun 2023: 62.9%

    So, fuck off

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 21 20:49:43 2023
    On Friday, July 21, 2023 at 5:36:57 PM UTC-7, jack roth wrote:
    On Friday, July 21, 2023 at 5:14:42 PM UTC-7, Travel wrote:
    On Thursday, July 20, 2023 at 11:20:11 PM UTC-4, Travel wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).
    Silence is agreement, heh heh.
    And maybe the conversation now should touch on all the unemployed they are hiding. Check out the U6 number they are ignoring.

    Hiding? More conspiracy theories?

    https://fred.stlouisfed.org/series/U6RATE

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 21 21:50:16 2023
    On Friday, July 21, 2023 at 9:38:41 PM UTC-7, BillB wrote:
    Yes, boomers are retiring en masse. It was predicted 30 years ago that would happen.

    Except there's a large generation of millennials that replace those boomers....plus the millions in immigrants flooding in.

    Something else is going on.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Fri Jul 21 21:38:36 2023
    On Friday, July 21, 2023 at 9:13:06 PM UTC-7, jack roth wrote:
    On Friday, July 21, 2023 at 8:49:49 PM UTC-7, BillB wrote:
    On Friday, July 21, 2023 at 5:36:57 PM UTC-7, jack roth wrote:
    On Friday, July 21, 2023 at 5:14:42 PM UTC-7, Travel wrote:
    On Thursday, July 20, 2023 at 11:20:11 PM UTC-4, Travel wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    They use "Core Inflation" dumbass.

    You're as bad as BillB with labor participation.

    Here, educate yourself: https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20change,prices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house that there is low inflation, (chortle).
    Silence is agreement, heh heh.
    And maybe the conversation now should touch on all the unemployed they are hiding. Check out the U6 number they are ignoring.
    Hiding? More conspiracy theories?

    https://fred.stlouisfed.org/series/U6RATE
    Labor participation rate June 2008: 66.6%
    Labor participation rate Jun 2023: 62.9%

    So, fuck off

    Yes, boomers are retiring en masse. It was predicted 30 years ago that would happen.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Sat Jul 22 05:51:13 2023
    On Saturday, July 22, 2023 at 5:45:19 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Morgan Stanley credits Bidenomics for 'much stronger' than
    | expected GDP growth
    | ... <https://www.cnbc.com/2023/07/21/bidenomics-spurred-stronger-gdp-growth-morgan-stanley.html>

    --bks

    Well, if you have lots of inflation, the nominal GDP can keep rising, while the actual production and consumption is shrinking. Weimar. In fact, nominal wages will also rise...and the stock market will rise although the actual value of those stocks are
    less when you factor in inflation. And, remember, the CPI number is never the true inflation.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Sat Jul 22 12:45:12 2023
    |
    | Morgan Stanley credits Bidenomics for 'much stronger' than
    | expected GDP growth
    | ... <https://www.cnbc.com/2023/07/21/bidenomics-spurred-stronger-gdp-growth-morgan-stanley.html>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 07:57:15 2023
    On Saturday, July 22, 2023 at 5:51:18 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 5:45:19 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Morgan Stanley credits Bidenomics for 'much stronger' than
    | expected GDP growth
    | ... <https://www.cnbc.com/2023/07/21/bidenomics-spurred-stronger-gdp-growth-morgan-stanley.html>

    --bks
    Well, if you have lots of inflation, the nominal GDP can keep rising, while the actual production and consumption is shrinking. Weimar. In fact, nominal wages will also rise...and the stock market will rise although the actual value of those stocks are
    less when you factor in inflation. And, remember, the CPI number is never the true inflation.

    That's why we have a measurement for real GDP, which is adjusted for inflation. It is currently the highest in US history.
    https://fred.stlouisfed.org/series/GDPC1

    Of course, that doesn't take into account population growth, which is why we also have a measurement for real GDP per capita. That is also currently the highest in US history. https://fred.stlouisfed.org/series/A939RX0Q048

    So why all the right-wing tears? Money is falling from the sky. All you have to do is bend over and pick it up. There are almost 10 million job openings. Go get one.

    And all that is in spite of the Fed raising the federal funds rate for ten consecutive meetings (5% in total) in an attempt to slow down the Biden economy to slow inflation.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 08:32:07 2023
    On Saturday, July 22, 2023 at 8:27:29 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 7:57:19 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 5:51:18 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 5:45:19 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Morgan Stanley credits Bidenomics for 'much stronger' than
    | expected GDP growth
    | ... <https://www.cnbc.com/2023/07/21/bidenomics-spurred-stronger-gdp-growth-morgan-stanley.html>

    --bks
    Well, if you have lots of inflation, the nominal GDP can keep rising, while the actual production and consumption is shrinking. Weimar. In fact, nominal wages will also rise...and the stock market will rise although the actual value of those stocks
    are less when you factor in inflation. And, remember, the CPI number is never the true inflation.
    That's why we have a measurement for real GDP, which is adjusted for inflation. It is currently the highest in US history.
    https://fred.stlouisfed.org/series/GDPC1
    That chart has NEVER adjusted for the TRUE inflation which is why it's always bloated and increasing. It's a mirage. True inflation is always much higher than what they admit to, but if they admited to it, they'd have to increase social security checks
    and government salaries too much to account for it. Which is also why, despite earning higher and higher salaries, you feel like you have less and less.....because you DO have less and less.

    It's like I have to draw BillB a diagram. Bill, don't try to pretend you don't know the govt lies about the inflation measure and is constantly changing how they measure it to make their charts look better. If you calculate inflation based off the same
    way they measured it 40 years ago, you'd see inflation has averaged over double than what's reported the last 40 years.
    And all that is in spite of the Fed raising the federal funds rate for ten consecutive meetings (5% in total) in an attempt to slow down the Biden economy to slow inflation.
    But, they won't...because there are two types of inflation...good inflation and bad inflation....and, we have runaway BAD inflation now because of the largess of spending by our politicians, so, they'll continually try to massage the way they define
    inflation to fit their desire number, but in reality, the raising of the rates now just hurts the economy more and you'll see all the nasty inflation that raises food and energy prices, and taxes which conveniently are ignored by your inflation
    measurement and people will have continually less value to spend from their USD...even if they have more USDs.

    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to BillB on Sat Jul 22 08:30:27 2023
    On Saturday, July 22, 2023 at 7:57:19 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 5:51:18 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 5:45:19 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Morgan Stanley credits Bidenomics for 'much stronger' than
    | expected GDP growth
    | ... <https://www.cnbc.com/2023/07/21/bidenomics-spurred-stronger-gdp-growth-morgan-stanley.html>

    --bks
    Well, if you have lots of inflation, the nominal GDP can keep rising, while the actual production and consumption is shrinking. Weimar. In fact, nominal wages will also rise...and the stock market will rise although the actual value of those stocks
    are less when you factor in inflation. And, remember, the CPI number is never the true inflation.
    That's why we have a measurement for real GDP, which is adjusted for inflation. It is currently the highest in US history.
    https://fred.stlouisfed.org/series/GDPC1

    Of course, that doesn't take into account population growth, which is why we also have a measurement for real GDP per capita. That is also currently the highest in US history. https://fred.stlouisfed.org/series/A939RX0Q048

    So why all the right-wing tears? Money is falling from the sky. All you have to do is bend over and pick it up. There are almost 10 million job openings. Go get one.

    And all that is in spite of the Fed raising the federal funds rate for ten consecutive meetings (5% in total) in an attempt to slow down the Biden economy to slow inflation.

    Sorry...the link for real GDP per capita is: https://fred.stlouisfed.org/series/A939RX0Q048SBEA

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 08:27:25 2023
    On Saturday, July 22, 2023 at 7:57:19 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 5:51:18 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 5:45:19 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Morgan Stanley credits Bidenomics for 'much stronger' than
    | expected GDP growth
    | ... <https://www.cnbc.com/2023/07/21/bidenomics-spurred-stronger-gdp-growth-morgan-stanley.html>

    --bks
    Well, if you have lots of inflation, the nominal GDP can keep rising, while the actual production and consumption is shrinking. Weimar. In fact, nominal wages will also rise...and the stock market will rise although the actual value of those stocks
    are less when you factor in inflation. And, remember, the CPI number is never the true inflation.
    That's why we have a measurement for real GDP, which is adjusted for inflation. It is currently the highest in US history.
    https://fred.stlouisfed.org/series/GDPC1

    That chart has NEVER adjusted for the TRUE inflation which is why it's always bloated and increasing. It's a mirage. True inflation is always much higher than what they admit to, but if they admited to it, they'd have to increase social security checks
    and government salaries too much to account for it. Which is also why, despite earning higher and higher salaries, you feel like you have less and less.....because you DO have less and less.

    It's like I have to draw BillB a diagram. Bill, don't try to pretend you don't know the govt lies about the inflation measure and is constantly changing how they measure it to make their charts look better. If you calculate inflation based off the
    same way they measured it 40 years ago, you'd see inflation has averaged over double than what's reported the last 40 years.

    And all that is in spite of the Fed raising the federal funds rate for ten consecutive meetings (5% in total) in an attempt to slow down the Biden economy to slow inflation.

    But, they won't...because there are two types of inflation...good inflation and bad inflation....and, we have runaway BAD inflation now because of the largess of spending by our politicians, so, they'll continually try to massage the way they define
    inflation to fit their desire number, but in reality, the raising of the rates now just hurts the economy more and you'll see all the nasty inflation that raises food and energy prices, and taxes which conveniently are ignored by your inflation
    measurement and people will have continually less value to spend from their USD...even if they have more USDs.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 08:37:15 2023
    On Saturday, July 22, 2023 at 7:57:19 AM UTC-7, BillB wrote:
    So why all the right-wing tears? Money is falling from the sky. All you have to do is bend over and pick it up. There are almost 10 million job openings. Go get one.

    Fortunately, I don't need a job. But, I do hear millions of people are now working 2 and 3 jobs just to make a go of things because they don't make enough to survive. And, that money falling from the sky is the US Govt increasing the national debt
    and printing money they don't have. I wonder how much inflation would be if they weren't so fraudently buying up their own debt. I wonder what our GDP would be if it didn't spew that extra $32T in national debt into the economy...so much faux GDP was
    created by the spending of this debt...imagine what happens to the GDP if you are forced to stop printing this counterfeit money. Imagine how much even worse than that our GDP truly is if you factor in all the state, county, and municipal debt that was
    used to prop up the economy. Now also imagine on top of that all the debt from future pension obligations and bonds....see, paying your govt employees too much increases debt, but then it allows you to sneak in contrived faux GDP by giving them this
    hidden QE in the form of overly fat pension benefits.

    And all that is in spite of the Fed raising the federal funds rate for ten consecutive meetings (5% in total) in an attempt to slow down the Biden economy to slow inflation.
    Getting bored, but maybe I should show you all the PMI type charts that show our economy is cratering right now.....and ya, price of used cars went down a little, but everyone is being fucked over by more and more taxes and higher prices at the stores
    and energy bills.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 09:07:08 2023
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to jack roth on Sat Jul 22 10:05:05 2023
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:

    The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....

    Ditto with Venezuela.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 09:26:50 2023
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled by COVID-
    19, are misguided. He also dismissed fears of how bad it's getting in the stock market."

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to Paul Popinjay on Sat Jul 22 10:08:57 2023
    On Saturday, July 22, 2023 at 10:05:09 AM UTC-7, Paul Popinjay wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:

    The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....
    Ditto with Venezuela.


    This is Bill Blab's thing. He is an endlessly argumentative asshole. You can never really tell what is in his mind, he lives to contradict.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 09:49:11 2023
    On Saturday, July 22, 2023 at 9:26:55 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    Is Rubenstein your guru?

    WTF moron you are bringing up gurus? What's your "guru"...Hunter Biden? I just thought it might be an interesting article for you, dumbass. And, no matter what anyone says, the odds are very slim I buy into everything they say. Take for instance
    the stock market doing fine claim. The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....but the purchasing power of the value of everyone's stocks was cratering back
    then. So what if you are making 7%/yr in the stock market if the REAL inflation(not the cpi lie) is 14%.....you are nominally making 7%, but in real terms you are losing 7%. I know that concept is always tough for libtards to accept as it destroys
    your print and spend logic.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Paul Popinjay on Sat Jul 22 10:28:55 2023
    On Saturday, July 22, 2023 at 10:09:02 AM UTC-7, Paul Popinjay wrote:
    On Saturday, July 22, 2023 at 10:05:09 AM UTC-7, Paul Popinjay wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:

    The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....
    Ditto with Venezuela.
    This is Bill Blab's thing. He is an endlessly argumentative asshole. You can never really tell what is in his mind, he lives to contradict.

    No, I have been very consistent with my confidence in the US economy, and I have been proved right every time. That's what bothers you.

    You, on the other hand, predicted hyperinflation and the dollar "going to zero" by January 1, 2022, neither of which happened. You are consistent too...consistently wrong.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 10:42:35 2023
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 9:26:55 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    Is Rubenstein your guru?
    WTF moron you are bringing up gurus? What's your "guru"...Hunter Biden? I just thought it might be an interesting article for you, dumbass. And, no matter what anyone says, the odds are very slim I buy into everything they say. Take for instance the
    stock market doing fine claim. The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....but the purchasing power of the value of everyone's stocks was cratering back then. So
    what if you are making 7%/yr in the stock market if the REAL inflation(not the cpi lie) is 14%.....you are nominally making 7%, but in real terms you are losing 7%. I know that concept is always tough for libtards to accept as it destroys your print and
    spend logic.

    Nobody, libtard or otherwise, has a problem understanding that one's investments need to outpace inflation to get ahead. You are clearly delusional.

    So you think the "real" inflation rate is typically double what is indicated by the CPI? We can test that theory with some simple arithmetic and our general observation real world price increases over the last 20 years. What were you paying for 70" TV
    20 years ago?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 10:59:13 2023
    On Saturday, July 22, 2023 at 10:29:00 AM UTC-7, BillB wrote:
    No, I have been very consistent with my confidence in the US economy, and I have been proved right every time. That's what bothers you.

    You've never been proven right...not even in the least. Have you taken a look at America recently? There are countless cities in the USA that are totally destroyed....ghost towns that once had a company that made things...now it's in China.
    Infrastructure that is falling apart everywhere you look. We spend more on the military than the next 10 powers combined and they can't beat a bunch of afghans who wipe their asses with their hands? Homeless are everywhere....drugs are everywhere.
    100K young people are dying of fentanyl poisoning every year and on top of that the birthrate is below replacement levels. Even worse than that is the people having kids are the most incompetent. Look at our education system we go into debt to pay for
    yet we have some of the worst educated kids in the world...but at least they get indoctrinated with woke bullshit. Let's remove 1984, Animal Farm, Huck Finn, etc from our libraries and replace them with pedo porn for kids...ya, that's what's happening.
    Bill, you are a moron if you think everything is going good in the USA....if it was going good, everyone wouldn't be fleeing to other states...bankruptcies are suddenly increases....foreclosures are finally being allowed and are going up....imagine
    what's gonna happen when the student loan bills come due. People are back in record credit card debt precisely at the time their bank account balances have begun to decline. What's the average payment for a new car now? $1000/mo?...and look how far
    out they have to stretch out loans for now so you can afford them...10 year car loans...100yr mortgages. The USA economy is paper machet and every accounting trick in the world is being applied to everything in order to continue this fraud. Look at
    China's infrastructure compared to ours...look how clean cities in Eastern countries are....now look what's going on with cities all over the US with trash everywhere, homeless everywhere And, you dare say you've ever been proven right once? Fuck
    you.

    You, on the other hand, predicted hyperinflation and the dollar "going to zero" by January 1, 2022, neither of which happened. You are consistent too...consistently wrong.

    Hey dumbass....depends on how you define hyperinflation. Back in the 1970's they thought 4% was teetering on hyperinflation...they were literally panicking about 4% with Nixon wanting to freeze prices because of it. Many would say 10% is definitely
    hyperinflation...and our real inflation rate for the last 40 years is about 10%....not our fake contrived CPI number that gets constantly rejiggered. But, sure it can get worse....Weimar germany had nearly infinite inflation for a short time.....same
    with Venezuela...and that's what happens when you counterfeit money or you have a socialist government.....and now the USA is doing both. No one knows the exact day things finally go out of control, but we're headed there...and they know it.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 11:04:09 2023
    On Saturday, July 22, 2023 at 10:42:41 AM UTC-7, BillB wrote:
    Nobody, libtard or otherwise, has a problem understanding that one's investments need to outpace inflation to get ahead. You are clearly delusional.

    No you are fucking delusional. Many people don't understand that....that's why they keep their money in checking accounts that don't pay shit and lose money to inflation....that's why they are rushing to make 5% in moneymarket accounts despite real
    inflation being much higher AND moneymarkets actually being a risky investment at times like these when they can lose money.


    So you think the "real" inflation rate is typically double what is indicated by the CPI? We can test that theory with some simple arithmetic and our general observation real world price increases over the last 20 years. What were you paying for 70" TV
    20 years ago
    Oh don't try to play your hedonics game with me. 20 years ago I was paying about $200 for a TV set for the kids.....and how paying closer to $700 for TV sets
    But, look how much your grocery bill has been increasing this last couple years. Look how much your energy bills and insurances have been going up. Look how much more it costs you in interest to finance a home recently. Look how much more your taxes
    are suddenly going up....ALL your taxes, not just the fed/state incomes taxes. And, that's not even counting all the debt the govt has been putting you and your future generations in.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to BillB on Sat Jul 22 13:11:22 2023
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled by
    COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."

    That "Tuesday"was last year not this year.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to da pickle on Sat Jul 22 11:17:29 2023
    On Saturday, July 22, 2023 at 11:11:35 AM UTC-7, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled by
    COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.

    Yes, and during that period the annual inflation rate is down 66% and the stock market is near all-time highs. He was obviously reading my posts on RGP. They never give me credit.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to da pickle on Sat Jul 22 11:29:19 2023
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled by
    COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.



    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 11:56:45 2023
    On Saturday, July 22, 2023 at 11:17:34 AM UTC-7, BillB wrote:
    Yes, and during that period the annual inflation rate is down 66% and the stock market is near all-time highs. He was obviously reading my posts on RGP. They never give me credit.

    Inflation down 66% my ass.....and even if it does go down....the prices aren't going down....they are just going up not quite as fast.

    Math is hard, huh, BillB?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 12:10:29 2023
    On Saturday, July 22, 2023 at 11:56:49 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 11:17:34 AM UTC-7, BillB wrote:
    Yes, and during that period the annual inflation rate is down 66% and the stock market is near all-time highs. He was obviously reading my posts on RGP. They never give me credit.
    Inflation down 66% my ass.....and even if it does go down....the prices aren't going down....they are just going up not quite as fast.

    Math is hard, huh, BillB?

    The annual inflation rate has gone from 9% to 3%. What percentage reduction does your mathematical ability perceive that to be? And yes, I think almost all humans with an IQ over 50 understand that as long as there is a positive inflation number, general
    prices are still rising. The fact that you think that is some kind of revelation to anyone is pretty comical and tells me a lot about how delusional you are.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sat Jul 22 12:08:19 2023
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.
    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    .

    Says the fool that doesn't know it's been dropping for months...
    .

    I'm enjoying watching BillB embarrass and bitch slap you, post after post after post.

    (God DAMN this is fun....)

    Carry on, Billb...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Travel on Sat Jul 22 12:11:44 2023
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled by
    COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.

    No, I knew it was from 2022. So what?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Paul Popinjay on Sat Jul 22 12:21:55 2023
    On Saturday, July 22, 2023 at 10:05:09 AM UTC-7, Paul Popinjay wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:

    The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....
    Ditto with Venezuela.
    .

    Ditto with the world you stupid sot...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sat Jul 22 12:20:56 2023
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 9:26:55 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    Is Rubenstein your guru?
    .

    Jesus, BillB, my hat's off to you. Look what you have this fool saying:
    .

    The stock market could very well keep going up and up in the long term...
    .

    LOL! I gotta hand it to you. You're the king for drawing out the Max Stupid from this fool.

    I know that concept is always tough for libtards to accept as it destroys your print and spend logic.

    See? And this poor fool can't see his own embarrassments.

    (Continue, I'm going for more popcorn...)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Paul Popinjay on Sat Jul 22 12:23:57 2023
    On Saturday, July 22, 2023 at 10:09:02 AM UTC-7, Paul Popinjay wrote:
    On Saturday, July 22, 2023 at 10:05:09 AM UTC-7, Paul Popinjay wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:

    The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....
    Ditto with Venezuela.
    This is Bill Blab's thing. He is an endlessly argumentative asshole. You can never really tell what is in his mind, he lives to contradict.
    .

    No, he, like me live to embarrass the ignorant, like you (and Jack Ofroth)...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sat Jul 22 12:27:21 2023
    On Saturday, July 22, 2023 at 10:59:17 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 10:29:00 AM UTC-7, BillB wrote:
    No, I have been very consistent with my confidence in the US economy, and I have been proved right every time. That's what bothers you.
    .

    You've never been proven right...not even in the least.

    See, BillB? All you leave them is Lie & Run. Just like their leader trump...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Travel on Sat Jul 22 12:31:18 2023
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled by
    COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about..

    *** Then you should have no trouble showing us...**

    (Damn! That's so easy. But BillB like to torture you. And I like watching...)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to BillB on Sat Jul 22 14:10:46 2023
    On Saturday, July 22, 2023 at 3:11:49 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled
    by COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.
    No, I knew it was from 2022. So what?

    Uh, because it's a year old? (Chortle)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Travel on Sat Jul 22 14:23:24 2023
    On Saturday, July 22, 2023 at 2:10:50 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 3:11:49 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession, propelled
    by COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.
    No, I knew it was from 2022. So what?
    Uh, because it's a year old? (Chortle)

    Do you think he's less positive now that inflation has been cut by 2/3rds? Were the doomsayers any less hysterical last year? That's not my recollection.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to BillB on Sat Jul 22 14:37:34 2023
    On Saturday, July 22, 2023 at 5:23:29 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 2:10:50 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 3:11:49 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote: >>> Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession,
    propelled by COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.
    No, I knew it was from 2022. So what?
    Uh, because it's a year old? (Chortle)
    Do you think he's less positive now that inflation has been cut by 2/3rds? Were the doomsayers any less hysterical last year? That's not my recollection.



    You didn't realize the difference in this year and last, you don't know the matetial.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to BillB on Sat Jul 22 15:57:57 2023
    On Saturday, July 22, 2023 at 6:22:32 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 2:37:38 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 5:23:29 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 2:10:50 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 3:11:49 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession,
    propelled by COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.
    No, I knew it was from 2022. So what?
    Uh, because it's a year old? (Chortle)
    Do you think he's less positive now that inflation has been cut by 2/3rds? Were the doomsayers any less hysterical last year? That's not my recollection.
    You didn't realize the difference in this year and last, you don't know the matetial.
    Yes, I realize the difference. In the year preceding July, 2022 the US was struggling with relatively high inflation caused (primarily) by the stunning increase in money supply that occurred during the Trump administration. Now under Biden it is back
    down to a very manageable 3% and the money supply is on a decline. Don't you remember me trying to tell you all (about 10,000x) last year that the inflation was transitory and nothing to worry too much about? Trump is gone. The nightmare is over.



    Please, Pickel caught you red-handed. All the gobblygoop In the world won't change your own post.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Travel on Sat Jul 22 15:22:28 2023
    On Saturday, July 22, 2023 at 2:37:38 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 5:23:29 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 2:10:50 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 3:11:49 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote: >>> Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession,
    propelled by COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.
    No, I knew it was from 2022. So what?
    Uh, because it's a year old? (Chortle)
    Do you think he's less positive now that inflation has been cut by 2/3rds? Were the doomsayers any less hysterical last year? That's not my recollection.
    You didn't realize the difference in this year and last, you don't know the matetial.

    Yes, I realize the difference. In the year preceding July, 2022 the US was struggling with relatively high inflation caused (primarily) by the stunning increase in money supply that occurred during the Trump administration. Now under Biden it is back
    down to a very manageable 3% and the money supply is on a decline. Don't you remember me trying to tell you all (about 10,000x) last year that the inflation was transitory and nothing to worry too much about? Trump is gone. The nightmare is over.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 16:33:45 2023
    On Saturday, July 22, 2023 at 4:24:16 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 3:22:32 PM UTC-7, BillB wrote:
    Yes, I realize the difference. In the year preceding July, 2022 the US was struggling with relatively high inflation caused (primarily) by the stunning increase in money supply that occurred during the Trump administration. Now under Biden it is back
    down to a very manageable 3% and the money supply is on a decline. Don't you remember me trying to tell you all (about 10,000x) last year that the inflation was transitory and nothing to worry too much about? Trump is gone. The nightmare is over.
    You fucking disingenuous liar. Wouldn't it be more accurate to point out the money printing came during the Pandemic response? And, the President isn't in charge of the purse strings at all, you lying POS. Congress is, so you can think congress for
    passing the bills that bloated the system full of money....a DEMOCRAT congress. Furthermore, the the inflation mostly wasn't caused by the money printing nearly as much as it was caused by the transportation/supply problems everywhere during the pandemic
    that caused a shortage of supplies that were being fought over by all the free money people had because of the moronic rent/foreclosure moratoriums allowing people to cheat their landlords out of rent for a couple years while sat around doing nothing and
    making unemployment checks that were in some cases larger than their normal paychecks. You, dumbass. So, inflation didn't come down at all because of the "biden administration" like you try to allude credit to, but inflation came down moreso because the
    transportation problems sorted themselves out after a while...a long very incompetent while thanks to the idiot gay transportation secretary unfit for his job who never even shows up to his job. Furthermore, the inflation is also down a little only
    because that moron biden is unloading all of our SPR oil that is supposed be for emergencies...unloading massive amounts because he's mad at both Russia and Saudi Arabia. Now, we don't ever be able to refill it because oil prices will go to pluto onces
    we're done emptying it. Furthermore, inflation will come back with a vengeance because inflation comes in waves, you idiot know-nothing moron. and we've only seen the first wave. The second will be larger....a lot larger. But, don't worry, the economy
    will quickly implode with jobless and corp bankruptcies and maybe even some foreclosures again after all the airrbnb owners are forced to sell. This will cause our country to go into deep recession/depression and this deflation.....which lowers inflation.
    ....and then democrats will somehow try to spin things positively about this new negative inflation number and ignore the destroyed economy they caused. And, Imagine what will happen to the natiional debt this time when they try to massively reflate the
    economy with printing....inflation will come back for the third time....


    The buck stops with the president. There is a reason he has to sign off on everything. And if you recall, Trump threatened to veto the Covid relief bill if they didn't give him even MORE money than was proposed to drop from helicopters. Are you a
    pathetic Trump sycophant too?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Travel on Sat Jul 22 16:24:08 2023
    On Saturday, July 22, 2023 at 3:58:02 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 6:22:32 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 2:37:38 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 5:23:29 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 2:10:50 PM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 3:11:49 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 11:29:23 AM UTC-7, Travel wrote:
    On Saturday, July 22, 2023 at 2:11:35 PM UTC-4, da pickle wrote:
    On 7/22/2023 11:26 AM, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.


    Is Rubenstein your guru?

    "The private equity billionaire and Carlyle Group cofounder says the economy will be just fine. He took to the airwaves on Tuesday to assure the American public that inflation talk is overblown and that fears of an imminent recession,
    propelled by COVID-19, are misguided. He also dismissed fears of how bad it's getting in the stock market."
    That "Tuesday"was last year not this year.
    A humiliating "catch."

    It demonstrates how BIllB just "Googles-shit," surrounds it with gobblygoop, and posts it without really knowing what he's talking about.
    No, I knew it was from 2022. So what?
    Uh, because it's a year old? (Chortle)
    Do you think he's less positive now that inflation has been cut by 2/3rds? Were the doomsayers any less hysterical last year? That's not my recollection.
    You didn't realize the difference in this year and last, you don't know the matetial.
    Yes, I realize the difference. In the year preceding July, 2022 the US was struggling with relatively high inflation caused (primarily) by the stunning increase in money supply that occurred during the Trump administration. Now under Biden it is back
    down to a very manageable 3% and the money supply is on a decline. Don't you remember me trying to tell you all (about 10,000x) last year that the inflation was transitory and nothing to worry too much about? Trump is gone. The nightmare is over.
    Please, Pickel caught you red-handed. All the gobblygoop In the world won't change your own post.

    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 16:24:12 2023
    On Saturday, July 22, 2023 at 3:22:32 PM UTC-7, BillB wrote:
    Yes, I realize the difference. In the year preceding July, 2022 the US was struggling with relatively high inflation caused (primarily) by the stunning increase in money supply that occurred during the Trump administration. Now under Biden it is back
    down to a very manageable 3% and the money supply is on a decline. Don't you remember me trying to tell you all (about 10,000x) last year that the inflation was transitory and nothing to worry too much about? Trump is gone. The nightmare is over.

    You fucking disingenuous liar. Wouldn't it be more accurate to point out the money printing came during the Pandemic response? And, the President isn't in charge of the purse strings at all, you lying POS. Congress is, so you can think congress for
    passing the bills that bloated the system full of money....a DEMOCRAT congress. Furthermore, the the inflation mostly wasn't caused by the money printing nearly as much as it was caused by the transportation/supply problems everywhere during the
    pandemic that caused a shortage of supplies that were being fought over by all the free money people had because of the moronic rent/foreclosure moratoriums allowing people to cheat their landlords out of rent for a couple years while sat around doing
    nothing and making unemployment checks that were in some cases larger than their normal paychecks. You, dumbass. So, inflation didn't come down at all because of the "biden administration" like you try to allude credit to, but inflation came down
    moreso because the transportation problems sorted themselves out after a while...a long very incompetent while thanks to the idiot gay transportation secretary unfit for his job who never even shows up to his job. Furthermore, the inflation is also
    down a little only because that moron biden is unloading all of our SPR oil that is supposed be for emergencies...unloading massive amounts because he's mad at both Russia and Saudi Arabia. Now, we don't ever be able to refill it because oil prices
    will go to pluto onces we're done emptying it. Furthermore, inflation will come back with a vengeance because inflation comes in waves, you idiot know-nothing moron. and we've only seen the first wave. The second will be larger....a lot larger.
    But, don't worry, the economy will quickly implode with jobless and corp bankruptcies and maybe even some foreclosures again after all the airrbnb owners are forced to sell. This will cause our country to go into deep recession/depression and this
    deflation.....which lowers inflation.....and then democrats will somehow try to spin things positively about this new negative inflation number and ignore the destroyed economy they caused. And, Imagine what will happen to the natiional debt this time
    when they try to massively reflate the economy with printing....inflation will come back for the third time....

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 16:44:26 2023
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.

    So, you are just an outright lunatic. Kamala is the least capable person ever and would never be in charge of anything other than giving Willie Brown blowjobs to get ahead in life. And, there are plenty of charts to show just how bad things are
    ACTUALLY getting despite all the numbers massaging going on to hide the truth. It's obvious what's going on...Biden admin is going to cook any nujmbers they can and deny we're in recession already in order to hang it on the Republicans when they take
    back over. It's a cheap ploy that is obvious. But, anyone can see what a diaster Biden admin is. And, you really really must be trying hard to ignore all the economic readings that have turned negative...you see there is other data you can't fake
    with your fraudulent CPI figures or by spewing counterfeit money around. We all see biden trying to pump the economy in exactly the wrong way....but cranking up the military spending, too.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 16:48:41 2023
    On Saturday, July 22, 2023 at 4:33:49 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 4:24:16 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 3:22:32 PM UTC-7, BillB wrote:
    Yes, I realize the difference. In the year preceding July, 2022 the US was struggling with relatively high inflation caused (primarily) by the stunning increase in money supply that occurred during the Trump administration. Now under Biden it is
    back down to a very manageable 3% and the money supply is on a decline. Don't you remember me trying to tell you all (about 10,000x) last year that the inflation was transitory and nothing to worry too much about? Trump is gone. The nightmare is over.
    You fucking disingenuous liar. Wouldn't it be more accurate to point out the money printing came during the Pandemic response? And, the President isn't in charge of the purse strings at all, you lying POS. Congress is, so you can think congress for
    passing the bills that bloated the system full of money....a DEMOCRAT congress. Furthermore, the the inflation mostly wasn't caused by the money printing nearly as much as it was caused by the transportation/supply problems everywhere during the pandemic
    that caused a shortage of supplies that were being fought over by all the free money people had because of the moronic rent/foreclosure moratoriums allowing people to cheat their landlords out of rent for a couple years while sat around doing nothing and
    making unemployment checks that were in some cases larger than their normal paychecks. You, dumbass. So, inflation didn't come down at all because of the "biden administration" like you try to allude credit to, but inflation came down moreso because the
    transportation problems sorted themselves out after a while...a long very incompetent while thanks to the idiot gay transportation secretary unfit for his job who never even shows up to his job. Furthermore, the inflation is also down a little only
    because that moron biden is unloading all of our SPR oil that is supposed be for emergencies...unloading massive amounts because he's mad at both Russia and Saudi Arabia. Now, we don't ever be able to refill it because oil prices will go to pluto onces
    we're done emptying it. Furthermore, inflation will come back with a vengeance because inflation comes in waves, you idiot know-nothing moron. and we've only seen the first wave. The second will be larger....a lot larger. But, don't worry, the economy
    will quickly implode with jobless and corp bankruptcies and maybe even some foreclosures again after all the airrbnb owners are forced to sell. This will cause our country to go into deep recession/depression and this deflation.....which lowers inflation.
    ....and then democrats will somehow try to spin things positively about this new negative inflation number and ignore the destroyed economy they caused. And, Imagine what will happen to the natiional debt this time when they try to massively reflate the
    economy with printing....inflation will come back for the third time....
    The buck stops with the president. There is a reason he has to sign off on everything. And if you recall, Trump threatened to veto the Covid relief bill if they didn't give him even MORE money than was proposed to drop from helicopters. Are you a
    pathetic Trump sycophant too?

    You might recall that Trump was a democrat for many years, so his spending was no surprise and that's not the reason people vote for him. People want Trump because we want someone who'll try to end the Deep State running this joke of a country, but we'd
    all be happy to have RFK Jr do the same thing.....see, it doesn't matter whether it's a democrat or a republican in office.....the goal isn't the party for us...the goal is, as JFK used to say, to break about the CIA into a million pieces....and take out
    a lot of other federal spending while we are at it like the FBI.....maybe give a haircut to the Military industrial complex.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 18:48:48 2023
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    So, you are just an outright lunatic. Kamala is the least capable person ever and would never be in charge of anything other than giving Willie Brown blowjobs to get ahead in life. And, there are plenty of charts to show just how bad things are
    ACTUALLY getting despite all the numbers massaging going on to hide the truth. It's obvious what's going on...Biden admin is going to cook any nujmbers they can and deny we're in recession already in order to hang it on the Republicans when they take
    back over. It's a cheap ploy that is obvious. But, anyone can see what a diaster Biden admin is. And, you really really must be trying hard to ignore all the economic readings that have turned negative...you see there is other data you can't fake with
    your fraudulent CPI figures or by spewing counterfeit money around. We all see biden trying to pump the economy in exactly the wrong way....but cranking up the military spending, too.

    Yes. I heard you the first time. All key economic indicator data is fake. We are now free to believe whatever fantasy we want. Sounds good.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sat Jul 22 19:20:42 2023
    On Saturday, July 22, 2023 at 6:48:52 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    So, you are just an outright lunatic. Kamala is the least capable person ever and would never be in charge of anything other than giving Willie Brown blowjobs to get ahead in life. And, there are plenty of charts to show just how bad things are
    ACTUALLY getting despite all the numbers massaging going on to hide the truth. It's obvious what's going on...Biden admin is going to cook any nujmbers they can and deny we're in recession already in order to hang it on the Republicans when they take
    back over. It's a cheap ploy that is obvious. But, anyone can see what a diaster Biden admin is. And, you really really must be trying hard to ignore all the economic readings that have turned negative...you see there is other data you can't fake with
    your fraudulent CPI figures or by spewing counterfeit money around. We all see biden trying to pump the economy in exactly the wrong way....but cranking up the military spending, too.
    Yes. I heard you the first time. All key economic indicator data is fake. We are now free to believe whatever fantasy we want. Sounds good.

    I didn't say all key economic indicators are fake. Now, you are putting woreds in my mouth. But, if you think the Fed is out there telling the truth all the time, you are smoking crack. At least when I look at data, I look for the truth. The
    fantasy you live is believing everything the govt shoves up your ass when it benefits your guy in office. I'm sure you'd be doing the exact opposite if it were Trump in office.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sat Jul 22 20:07:34 2023
    On Saturday, July 22, 2023 at 7:20:47 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 6:48:52 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    So, you are just an outright lunatic. Kamala is the least capable person ever and would never be in charge of anything other than giving Willie Brown blowjobs to get ahead in life. And, there are plenty of charts to show just how bad things are
    ACTUALLY getting despite all the numbers massaging going on to hide the truth. It's obvious what's going on...Biden admin is going to cook any nujmbers they can and deny we're in recession already in order to hang it on the Republicans when they take
    back over. It's a cheap ploy that is obvious. But, anyone can see what a diaster Biden admin is. And, you really really must be trying hard to ignore all the economic readings that have turned negative...you see there is other data you can't fake with
    your fraudulent CPI figures or by spewing counterfeit money around. We all see biden trying to pump the economy in exactly the wrong way....but cranking up the military spending, too.
    Yes. I heard you the first time. All key economic indicator data is fake. We are now free to believe whatever fantasy we want. Sounds good.
    I didn't say all key economic indicators are fake. Now, you are putting woreds in my mouth. But, if you think the Fed is out there telling the truth all the time, you are smoking crack. At least when I look at data, I look for the truth. The fantasy
    you live is believing everything the govt shoves up your ass when it benefits your guy in office. I'm sure you'd be doing the exact opposite if it were Trump in office.

    I asked Bard the most important economic indicators (aka key economic indicators) in the economy:

    ""The most important economic indicators in an economy are those that provide a comprehensive overview of the economy's current health and future prospects. These indicators are typically tracked by economists, policymakers, and investors to make
    informed decisions about the economy.

    "Some of the most important economic indicators include:

    "Gross domestic product (GDP): GDP is the most comprehensive measure of economic activity in an economy. It measures the total value of goods and services produced in a country during a given period of time.
    Unemployment rate: The unemployment rate measures the percentage of the labor force that is unemployed. A high unemployment rate can indicate that the economy is not performing well.
    Inflation: Inflation measures the rate at which prices are rising in an economy. A high inflation rate can erode the purchasing power of consumers and businesses.
    Consumer spending: Consumer spending is a major driver of economic growth. When consumers are spending more money, it signals that the economy is healthy.
    Business investment: Business investment is another important driver of economic growth. When businesses are investing in new equipment and buildings, it signals that they are confident in the future of the economy."


    Do you want to take a look at the data associated with each of those key indicators individually? Or is it all fake? Without looking, I would guess the most informative measure of GDP, real GDP per capita, is the highest in US history. I would say the
    unemployment rate hasn't been substantially lower in 70 years, and in fact substantially lower than what economists have historically called full employment. I would say CPI (which has been refined over many years for real world accuracy) is at 3% which
    is well below the 50 year historical average. I would say real consumer spending is the highest in US history. Finally, I would say current business investment is WAY above average going back to the end of the Great Recession, but probably down a bit
    from its highs at the moment since the Fed started increasing interest rates. What's your perception?

    My perception is that right-wingers started getting hysterical about how *bad* the economy is as soon as some guy they didn't like crushed their Orange Jesus in a national election.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sun Jul 23 00:50:48 2023
    On Saturday, July 22, 2023 at 8:07:38 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 7:20:47 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 6:48:52 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is
    not happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    So, you are just an outright lunatic. Kamala is the least capable person ever and would never be in charge of anything other than giving Willie Brown blowjobs to get ahead in life. And, there are plenty of charts to show just how bad things are
    ACTUALLY getting despite all the numbers massaging going on to hide the truth. It's obvious what's going on...Biden admin is going to cook any nujmbers they can and deny we're in recession already in order to hang it on the Republicans when they take
    back over. It's a cheap ploy that is obvious. But, anyone can see what a diaster Biden admin is. And, you really really must be trying hard to ignore all the economic readings that have turned negative...you see there is other data you can't fake with
    your fraudulent CPI figures or by spewing counterfeit money around. We all see biden trying to pump the economy in exactly the wrong way....but cranking up the military spending, too.
    Yes. I heard you the first time. All key economic indicator data is fake. We are now free to believe whatever fantasy we want. Sounds good.
    I didn't say all key economic indicators are fake. Now, you are putting woreds in my mouth. But, if you think the Fed is out there telling the truth all the time, you are smoking crack. At least when I look at data, I look for the truth. The fantasy
    you live is believing everything the govt shoves up your ass when it benefits your guy in office. I'm sure you'd be doing the exact opposite if it were Trump in office.
    I asked Bard the most important economic indicators (aka key economic indicators) in the economy:

    ""The most important economic indicators in an economy are those that provide a comprehensive overview of the economy's current health and future prospects. These indicators are typically tracked by economists, policymakers, and investors to make
    informed decisions about the economy.

    "Some of the most important economic indicators include:

    "Gross domestic product (GDP): GDP is the most comprehensive measure of economic activity in an economy. It measures the total value of goods and services produced in a country during a given period of time.
    Unemployment rate: The unemployment rate measures the percentage of the labor force that is unemployed. A high unemployment rate can indicate that the economy is not performing well.
    Inflation: Inflation measures the rate at which prices are rising in an economy. A high inflation rate can erode the purchasing power of consumers and businesses.
    Consumer spending: Consumer spending is a major driver of economic growth. When consumers are spending more money, it signals that the economy is healthy.
    Business investment: Business investment is another important driver of economic growth. When businesses are investing in new equipment and buildings, it signals that they are confident in the future of the economy."


    Do you want to take a look at the data associated with each of those key indicators individually? Or is it all fake? Without looking, I would guess the most informative measure of GDP, real GDP per capita, is the highest in US history. I would say the
    unemployment rate hasn't been substantially lower in 70 years, and in fact substantially lower than what economists have historically called full employment. I would say CPI (which has been refined over many years for real world accuracy) is at 3% which
    is well below the 50 year historical average. I would say real consumer spending is the highest in US history. Finally, I would say current business investment is WAY above average going back to the end of the Great Recession, but probably down a bit
    from its highs at the moment since the Fed started increasing interest rates. What's your perception?

    My perception is that right-wingers started getting hysterical about how *bad* the economy is as soon as some guy they didn't like crushed their Orange Jesus in a national election.

    Whatever, Canadian Jerry.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sun Jul 23 01:47:57 2023
    On Sunday, July 23, 2023 at 12:50:52 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:07:38 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 7:20:47 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 6:48:52 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is
    not happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    So, you are just an outright lunatic. Kamala is the least capable person ever and would never be in charge of anything other than giving Willie Brown blowjobs to get ahead in life. And, there are plenty of charts to show just how bad things are
    ACTUALLY getting despite all the numbers massaging going on to hide the truth. It's obvious what's going on...Biden admin is going to cook any nujmbers they can and deny we're in recession already in order to hang it on the Republicans when they take
    back over. It's a cheap ploy that is obvious. But, anyone can see what a diaster Biden admin is. And, you really really must be trying hard to ignore all the economic readings that have turned negative...you see there is other data you can't fake with
    your fraudulent CPI figures or by spewing counterfeit money around. We all see biden trying to pump the economy in exactly the wrong way....but cranking up the military spending, too.
    Yes. I heard you the first time. All key economic indicator data is fake. We are now free to believe whatever fantasy we want. Sounds good.
    I didn't say all key economic indicators are fake. Now, you are putting woreds in my mouth. But, if you think the Fed is out there telling the truth all the time, you are smoking crack. At least when I look at data, I look for the truth. The
    fantasy you live is believing everything the govt shoves up your ass when it benefits your guy in office. I'm sure you'd be doing the exact opposite if it were Trump in office.
    I asked Bard the most important economic indicators (aka key economic indicators) in the economy:

    ""The most important economic indicators in an economy are those that provide a comprehensive overview of the economy's current health and future prospects. These indicators are typically tracked by economists, policymakers, and investors to make
    informed decisions about the economy.

    "Some of the most important economic indicators include:

    "Gross domestic product (GDP): GDP is the most comprehensive measure of economic activity in an economy. It measures the total value of goods and services produced in a country during a given period of time.
    Unemployment rate: The unemployment rate measures the percentage of the labor force that is unemployed. A high unemployment rate can indicate that the economy is not performing well.
    Inflation: Inflation measures the rate at which prices are rising in an economy. A high inflation rate can erode the purchasing power of consumers and businesses.
    Consumer spending: Consumer spending is a major driver of economic growth. When consumers are spending more money, it signals that the economy is healthy.
    Business investment: Business investment is another important driver of economic growth. When businesses are investing in new equipment and buildings, it signals that they are confident in the future of the economy."


    Do you want to take a look at the data associated with each of those key indicators individually? Or is it all fake? Without looking, I would guess the most informative measure of GDP, real GDP per capita, is the highest in US history. I would say
    the unemployment rate hasn't been substantially lower in 70 years, and in fact substantially lower than what economists have historically called full employment. I would say CPI (which has been refined over many years for real world accuracy) is at 3%
    which is well below the 50 year historical average. I would say real consumer spending is the highest in US history. Finally, I would say current business investment is WAY above average going back to the end of the Great Recession, but probably down a
    bit from its highs at the moment since the Fed started increasing interest rates. What's your perception?

    My perception is that right-wingers started getting hysterical about how *bad* the economy is as soon as some guy they didn't like crushed their Orange Jesus in a national election.
    Whatever, Canadian Jerry.

    Real GDP per capita, highest in US history https://fred.stlouisfed.org/series/A939RX0Q048SBEA

    Unemployment rate, hasn't been significantly lower in 70 years https://fred.stlouisfed.org/series/UNRATE

    Inflation, "US Inflation Rate is at 2.97%, compared to 4.05% last month and 9.06% last year. This is lower than the long term average of 3.28%."
    https://ycharts.com/indicators/us_inflation_rate#:~:text=US%20Inflation%20Rate%20(I%3AUSIR)&text=US%20Inflation%20Rate%20is%20at,in%20price%20over%20a%20year.

    Real Consumer Spending, highest in history: https://fred.stlouisfed.org/series/PCEC96

    Business investment, well above average https://fred.stlouisfed.org/series/W790RC1Q027SBEA

    The End is Near! It must be, because "conservatives" have been saying it every time a Democrat is in office for the last 40 years, at least.
    Oddly enough, when Trump was in office they were calling essentially the same conditions "the best economy in US history." How odd.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sun Jul 23 03:24:19 2023
    On Sunday, July 23, 2023 at 1:48:02 AM UTC-7, BillB wrote:
    Whatever, Canadian Jerry.
    Real GDP per capita, highest in US history https://fred.stlouisfed.org/series/A939RX0Q048SBEA

    Unemployment rate, hasn't been significantly lower in 70 years https://fred.stlouisfed.org/series/UNRATE

    Inflation, "US Inflation Rate is at 2.97%, compared to 4.05% last month and 9.06% last year. This is lower than the long term average of 3.28%."
    https://ycharts.com/indicators/us_inflation_rate#:~:text=US%20Inflation%20Rate%20(I%3AUSIR)&text=US%20Inflation%20Rate%20is%20at,in%20price%20over%20a%20year.

    Real Consumer Spending, highest in history: https://fred.stlouisfed.org/series/PCEC96

    Business investment, well above average https://fred.stlouisfed.org/series/W790RC1Q027SBEA

    The End is Near! It must be, because "conservatives" have been saying it every time a Democrat is in office for the last 40 years, at least.
    Oddly enough, when Trump was in office they were calling essentially the same conditions "the best economy in US history." How odd.

    Throwing up a few contrived charts like shit on the wall and then pulling the rant about republicans out of your ass and trying to relate the two.
    You are as demented as Jerry. BillB, go see a shrink.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sun Jul 23 03:37:14 2023
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to BillB on Sun Jul 23 09:03:40 2023
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.

    You convinced Jerry ... just the two of you ... together forever !

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to BillB on Sun Jul 23 10:52:55 2023
    On 7/23/2023 10:21 AM, BillB wrote:
    On Sunday, July 23, 2023 at 7:03:59 AM UTC-7, da pickle wrote:
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    You convinced Jerry ... just the two of you ... together forever !

    I am not trying to convince any right-wingers of anything. That is impossible. You are all thoroughly brainwashed. I am just demonstrating to normal people how fact-resistant, biased and economically illiterate you all are.

    L O L

    Only one side is mendacious ...

    Right there with Jerry

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to da pickle on Sun Jul 23 08:21:33 2023
    On Sunday, July 23, 2023 at 7:03:59 AM UTC-7, da pickle wrote:
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    You convinced Jerry ... just the two of you ... together forever !

    I am not trying to convince any right-wingers of anything. That is impossible. You are all thoroughly brainwashed. I am just demonstrating to normal people how fact-resistant, biased and economically illiterate you all are.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sun Jul 23 11:43:25 2023
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 1:48:02 AM UTC-7, BillB wrote:
    Whatever, Canadian Jerry.
    Real GDP per capita, highest in US history https://fred.stlouisfed.org/series/A939RX0Q048SBEA

    Unemployment rate, hasn't been significantly lower in 70 years https://fred.stlouisfed.org/series/UNRATE

    Inflation, "US Inflation Rate is at 2.97%, compared to 4.05% last month and 9.06% last year. This is lower than the long term average of 3.28%."
    https://ycharts.com/indicators/us_inflation_rate#:~:text=US%20Inflation%20Rate%20(I%3AUSIR)&text=US%20Inflation%20Rate%20is%20at,in%20price%20over%20a%20year.

    Real Consumer Spending, highest in history: https://fred.stlouisfed.org/series/PCEC96

    Business investment, well above average https://fred.stlouisfed.org/series/W790RC1Q027SBEA

    The End is Near! It must be, because "conservatives" have been saying it every time a Democrat is in office for the last 40 years, at least.
    Oddly enough, when Trump was in office they were calling essentially the same conditions "the best economy in US history." How odd.
    .

    Throwing up a few contrived charts...

    *** Then you should have no trouble show us the real ones. ***

    (This fool is SO fucking easy)...

    You are as demented as Jerry. BillB, go see a shrink.

    See him run? LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sun Jul 23 11:27:18 2023
    On Saturday, July 22, 2023 at 4:24:16 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 3:22:32 PM UTC-7, BillB wrote:
    Yes, I realize the difference. In the year preceding July, 2022 the US was struggling with relatively high inflation caused (primarily) by the stunning increase in money supply that occurred during the Trump administration. Now under Biden it is back
    down to a very manageable 3% and the money supply is on a decline. Don't you remember me trying to tell you all (about 10,000x) last year that the inflation was transitory and nothing to worry too much about? Trump is gone. The nightmare is over.
    .

    Although BillB has your nuts well in hand, I just can’t keep from supplementing his bitch-slapping of you.
    .

    You fucking disingenuous liar.

    That will be taken as a, “No, I don’t remember being told 10 thousand times.”
    .

    Furthermore, the the inflation mostly wasn't caused by
    .
    .

    LOL @ “Mostly wasn’t caused by…”
    .

    the money printing nearly as much as it was caused by the transportation/supply problems everywhere
    during the pandemic that caused a shortage of supplies

    LOL again. ** You should have no trouble showing us ** (Which you NEVER do. You RUN & HIDE)
    .

    You, dumbass. inflation didn't come down at all because of the "biden administration" like you try to allude
    credit to, but inflation came down moreso because the transportation problems sorted themselves out.

    .


    “Inflation came down morso because…” Heh. You can’t make this up. Only this fool can.
    .

    Listen up, DickLick. The majority of the inflations was increase in gas prices. Biden went to that Saudi camel fucker (because he could not put it in writing), and told him, “You ramp up production or you get no more military parts and we shut down out
    bases and let the Jews kink your sandy ass.”

    And he increased production. Then Biden got home and went to Big Oil and told them to ‘increase production or I’ll nationalize you ass.’

    Big Oil suddenly said, “Oh my goodness. We accidentally shut down a productions line by accident. We’ll immediately start it up.”

    And they did. And gas prices, and inflations dropped 78-days in a row. (I stopped keeping track, beyond that, till it got to 2%).

    Show shove that information up your spindly ass, along with your other bullshit.

    Furthermore, the inflation is also down a little only because that
    moron biden is unloading all of our SPR oil that is supposed be for emergencies...unloading massive amounts because he's mad at both
    Russia and Saudi Arabia.

    See what I mean?

    We now return you to BillB shoving more down your throat.

    Fucking moron….



    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sun Jul 23 11:40:19 2023
    On Sunday, July 23, 2023 at 12:50:52 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:07:38 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 7:20:47 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 6:48:52 PM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is
    not happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    So, you are just an outright lunatic. Kamala is the least capable person ever and would never be in charge of anything other than giving Willie Brown blowjobs to get ahead in life. And, there are plenty of charts to show just how bad things are
    ACTUALLY getting despite all the numbers massaging going on to hide the truth. It's obvious what's going on...Biden admin is going to cook any nujmbers they can and deny we're in recession already in order to hang it on the Republicans when they take
    back over. It's a cheap ploy that is obvious. But, anyone can see what a diaster Biden admin is. And, you really really must be trying hard to ignore all the economic readings that have turned negative...you see there is other data you can't fake with
    your fraudulent CPI figures or by spewing counterfeit money around. We all see biden trying to pump the economy in exactly the wrong way....but cranking up the military spending, too.
    Yes. I heard you the first time. All key economic indicator data is fake. We are now free to believe whatever fantasy we want. Sounds good.
    I didn't say all key economic indicators are fake. Now, you are putting woreds in my mouth. But, if you think the Fed is out there telling the truth all the time, you are smoking crack. At least when I look at data, I look for the truth. The
    fantasy you live is believing everything the govt shoves up your ass when it benefits your guy in office. I'm sure you'd be doing the exact opposite if it were Trump in office.
    I asked Bard the most important economic indicators (aka key economic indicators) in the economy:

    ""The most important economic indicators in an economy are those that provide a comprehensive overview of the economy's current health and future prospects. These indicators are typically tracked by economists, policymakers, and investors to make
    informed decisions about the economy.

    "Some of the most important economic indicators include:

    "Gross domestic product (GDP): GDP is the most comprehensive measure of economic activity in an economy. It measures the total value of goods and services produced in a country during a given period of time.
    Unemployment rate: The unemployment rate measures the percentage of the labor force that is unemployed. A high unemployment rate can indicate that the economy is not performing well.
    Inflation: Inflation measures the rate at which prices are rising in an economy. A high inflation rate can erode the purchasing power of consumers and businesses.
    Consumer spending: Consumer spending is a major driver of economic growth. When consumers are spending more money, it signals that the economy is healthy.
    Business investment: Business investment is another important driver of economic growth. When businesses are investing in new equipment and buildings, it signals that they are confident in the future of the economy."


    Do you want to take a look at the data associated with each of those key indicators individually? Or is it all fake? Without looking, I would guess the most informative measure of GDP, real GDP per capita, is the highest in US history. I would say
    the unemployment rate hasn't been substantially lower in 70 years, and in fact substantially lower than what economists have historically called full employment. I would say CPI (which has been refined over many years for real world accuracy) is at 3%
    which is well below the 50 year historical average. I would say real consumer spending is the highest in US history. Finally, I would say current business investment is WAY above average going back to the end of the Great Recession, but probably down a
    bit from its highs at the moment since the Fed started increasing interest rates. What's your perception?

    My perception is that right-wingers started getting hysterical about how *bad* the economy is as soon as some guy they didn't like crushed their Orange Jesus in a national election.
    .

    Whatever, Canadian Jerry.
    .

    *** BINGO ***

    See what I mean? This fool can answer NOTHING.
    He can show, NOTHING.

    What a desperate fool. And shame on BillB and I for making fun of this mental cripple... (Heh)
    (But it does entertain).

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Sun Jul 23 11:34:50 2023
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    .

    And, there are plenty of charts to show just how bad things are ACTUALLY getting despite all the
    numbers massaging going on to hide the truth.
    .

    LOL! *** Then you should have no troubled showing us. ***

    (This is all it takes to get this fucking moron to Run & Hide & and not reply).

    ANY time I do that, this lying coward cannot reply. So he whines to someone lese
    with hit bullshit.

    He has over 40 "*** You should have no trouble showing us ***" post to reply to.

    *** Nothing *** from this fool...

    LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to da pickle on Sun Jul 23 11:45:00 2023
    On Sunday, July 23, 2023 at 7:03:59 AM UTC-7, da pickle wrote:
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    You convinced Jerry ... just the two of you ... together forever !
    .

    Another Runner that can't Reply, show or link.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to VegasJerry on Sun Jul 23 11:49:58 2023
    On Sunday, July 23, 2023 at 2:46:26 PM UTC-4, VegasJerry wrote:
    On Sunday, July 23, 2023 at 8:21:38 AM UTC-7, BillB wrote:
    On Sunday, July 23, 2023 at 7:03:59 AM UTC-7, da pickle wrote:
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's
    what makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    You convinced Jerry ... just the two of you ... together forever !
    I am not trying to convince any right-wingers of anything. That is impossible. You are all thoroughly brainwashed. I am just demonstrating to normal people how fact-resistant, biased and economically illiterate you all are.
    .

    And you've done it. They cannot reply or show ANYTHING. Only R&H...

    Read a newspaper, dumbass (chortle).

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Travel on Sun Jul 23 12:00:24 2023
    On Sunday, July 23, 2023 at 11:48:15 AM UTC-7, Travel wrote:
    On Sunday, July 23, 2023 at 2:34:54 PM UTC-4, VegasJerry wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    .

    And, there are plenty of charts to show just how bad things are ACTUALLY getting despite all the
    numbers massaging going on to hide the truth.
    .

    LOL! *** Then you should have no troubled showing us. ***

    (This is all it takes to get this fucking moron to Run & Hide & and not reply).

    ANY time I do that, this lying coward cannot reply. So he whines to someone lese
    with hit bullshit.

    He has over 40 "*** You should have no trouble showing us ***" post to reply to.

    *** Nothing *** from this fool...

    LOL!
    .

    Chortle, and BIllB has ...

    Show you can't show... Only dodge and whine...
    .


    ...no trouble showing more and more gobblygoop, left propaganda and calling it "the most authoritative..." etc.

    See? See them run? See them dodge? But you NEVER seem then *** Show or Answer ***




    Never a reference to anything, person or source considered conservative. Talk about running-from and hiding.

    I just did. And you're the on doing it..

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Travel on Sun Jul 23 12:02:22 2023
    On Sunday, July 23, 2023 at 11:50:02 AM UTC-7, Travel wrote:
    On Sunday, July 23, 2023 at 2:46:26 PM UTC-4, VegasJerry wrote:
    On Sunday, July 23, 2023 at 8:21:38 AM UTC-7, BillB wrote:
    On Sunday, July 23, 2023 at 7:03:59 AM UTC-7, da pickle wrote:
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's
    what makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    You convinced Jerry ... just the two of you ... together forever !
    I am not trying to convince any right-wingers of anything. That is impossible. You are all thoroughly brainwashed. I am just demonstrating to normal people how fact-resistant, biased and economically illiterate you all are.
    .

    And you've done it. They cannot reply or show ANYTHING. Only R&H...
    .

    Read a newspaper, dumbass (chortle).

    *** Knew you couldn't answer ***
    *** Knew you couldn't show ***

    Loser...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to da pickle on Sun Jul 23 11:47:05 2023
    On Sunday, July 23, 2023 at 8:53:08 AM UTC-7, da pickle wrote:
    On 7/23/2023 10:21 AM, BillB wrote:
    On Sunday, July 23, 2023 at 7:03:59 AM UTC-7, da pickle wrote:
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    You convinced Jerry ... just the two of you ... together forever !

    I am not trying to convince any right-wingers of anything. That is impossible. You are all thoroughly brainwashed. I am just demonstrating to normal people how fact-resistant, biased and economically illiterate you all are.
    L O L

    Only one side is mendacious ...

    Right there with Jerry
    .

    See? It is as we said...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to VegasJerry on Sun Jul 23 11:48:11 2023
    On Sunday, July 23, 2023 at 2:34:54 PM UTC-4, VegasJerry wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    .

    And, there are plenty of charts to show just how bad things are ACTUALLY getting despite all the
    numbers massaging going on to hide the truth.
    .

    LOL! *** Then you should have no troubled showing us. ***

    (This is all it takes to get this fucking moron to Run & Hide & and not reply).

    ANY time I do that, this lying coward cannot reply. So he whines to someone lese
    with hit bullshit.

    He has over 40 "*** You should have no trouble showing us ***" post to reply to.

    *** Nothing *** from this fool...

    LOL!


    Chortle, and BIllB has no trouble showing more and more gobblygoop, left propaganda and calling it "the most authoritative..." etc.


    Never a reference to anything, person or source considered conservative.
    Talk about running-from and hiding.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to BillB on Sun Jul 23 11:46:22 2023
    On Sunday, July 23, 2023 at 8:21:38 AM UTC-7, BillB wrote:
    On Sunday, July 23, 2023 at 7:03:59 AM UTC-7, da pickle wrote:
    On 7/23/2023 5:37 AM, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    You convinced Jerry ... just the two of you ... together forever !
    I am not trying to convince any right-wingers of anything. That is impossible. You are all thoroughly brainwashed. I am just demonstrating to normal people how fact-resistant, biased and economically illiterate you all are.
    .

    And you've done it. They cannot reply or show ANYTHING. Only R&H...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sun Jul 23 12:10:32 2023
    On Sunday, July 23, 2023 at 3:37:19 AM UTC-7, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.

    Some of those charts are more politically derived than others. And, if you knew a fucking thing in life, you'd understand that.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sun Jul 23 13:37:55 2023
    On Sunday, July 23, 2023 at 12:10:36 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 3:37:19 AM UTC-7, BillB wrote:
    On Sunday, July 23, 2023 at 3:24:24 AM UTC-7, jack roth wrote:

    Throwing up a few contrived charts...

    And by "contrived charts" you of course mean the most authoritative and current economic data available for the economy's most important economic indicators. But they are incompatible with your narrative, so that makes them "contrived." That's what
    makes you a right-winger....you're just going to believe exactly what you want to believe, irrefutable evidence to the contrary be damned.
    Some of those charts are more politically derived than others. And, if you knew a fucking thing in life, you'd understand. person

    lol...you are not a serious person, and the cognitive dissonance you are experiencing is clearly excruciating. All you can do is go into denial mode.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Sun Jul 23 14:21:56 2023
    On Sunday, July 23, 2023 at 2:15:37 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 1:38:00 PM UTC-7, BillB wrote:

    lol...you are not a serious person, and the cognitive dissonance you are experiencing is clearly excruciating. All you can do is go into denial mode.
    You sound like the same type of out of touch, never been truly educated or learned how things actually worked in higher circles like Jerry is. Just nothing even worth responding to.....I gave you a chance.....Ploink.


    ^^^ Utterly defeated by basic economic facts. LOLOL

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Sun Jul 23 14:15:33 2023
    On Sunday, July 23, 2023 at 1:38:00 PM UTC-7, BillB wrote:

    lol...you are not a serious person, and the cognitive dissonance you are experiencing is clearly excruciating. All you can do is go into denial mode.

    You sound like the same type of out of touch, never been truly educated or learned how things actually worked in higher circles like Jerry is. Just nothing even worth responding to.....I gave you a chance.....Ploink.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Travel on Sun Jul 23 14:49:20 2023
    On Sunday, July 23, 2023 at 11:48:15 AM UTC-7, Travel wrote:
    On Sunday, July 23, 2023 at 2:34:54 PM UTC-4, VegasJerry wrote:
    On Saturday, July 22, 2023 at 4:44:30 PM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 4:24:12 PM UTC-7, BillB wrote:
    My post was about showing the confidence Jack's source has in the US economy, and his confidence, like mine, was shown to be warranted based on his comment from last year. As much as you people seem to look forward to the US imploding, it is not
    happening, nor is it going to in the foreseeable future. You are safe now...Trump is gone and Kamala is in charge.
    .

    And, there are plenty of charts to show just how bad things are ACTUALLY getting despite all the
    numbers massaging going on to hide the truth.
    .

    LOL! *** Then you should have no troubled showing us. ***

    (This is all it takes to get this fucking moron to Run & Hide & and not reply).

    ANY time I do that, this lying coward cannot reply. So he whines to someone lese
    with hit bullshit.

    He has over 40 "*** You should have no trouble showing us ***" post to reply to.

    *** Nothing *** from this fool...

    LOL!
    Chortle, and BIllB has no trouble showing more and more gobblygoop, left propaganda and calling it "the most authoritative..." etc.


    Never a reference to anything, person or source considered conservative. Talk about running-from and hiding.

    Economic facts are not conservative or liberal. They are just facts. I posted unbiased facts from the most authoritative economics source in existence, demonstrating the current status of the country's most important economic indicators. All I received
    in response was low-IQ right-wing blanket denial and cognitive dissonance. In other words, par for the course.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Sun Jul 23 16:04:59 2023
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 11:48:15 AM UTC-7, Travel wrote:

    Never a reference to anything, person or source considered conservative. >> Talk about running-from and hiding.

    Ya, typical libtards proclaiming all stats to be facts when it fits
    their narrative. But stats are always political....I seem to recall a >picture of Obama carrying around a book titled "How to lie with >statistics"
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    --bks

    Maybe in the past, but these days the Neocons have taken over all Main Street Media and control the narratives...which are being skewed left these days to combat Trump. WSJ is just consumer crap these days not much different than the Enquirier.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Travel on Sun Jul 23 15:36:29 2023
    On Sunday, July 23, 2023 at 11:48:15 AM UTC-7, Travel wrote:

    Never a reference to anything, person or source considered conservative. Talk about running-from and hiding.

    Ya, typical libtards proclaiming all stats to be facts when it fits their narrative. But stats are always political....I seem to recall a picture of Obama carrying around a book titled "How to lie with statistics"

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Sun Jul 23 22:50:43 2023
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 11:48:15 AM UTC-7, Travel wrote:

    Never a reference to anything, person or source considered conservative.
    Talk about running-from and hiding.

    Ya, typical libtards proclaiming all stats to be facts when it fits
    their narrative. But stats are always political....I seem to recall a >picture of Obama carrying around a book titled "How to lie with
    statistics"

    If you think The Wall Street Journal is not conservative,
    you are delusional.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Sun Jul 23 16:33:27 2023
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    --bks

    Utterly bewildering how often you losers just accept whatever narrative you read provided is aligns with your views or you think you can claim it comes from a source that is to be respected. If there's one thing we've all been learning these last few
    years is how anyone and everyone should be questing anything they read like socrates. You morons just want to be spoon fed your canned knowledge without even knowing what's true and what isn't.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Bradley K. Sherman on Sun Jul 23 16:30:45 2023
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    --bks

    No kidding. He thinks things like measuring the country's GDP and consumer spending are "political." LOL You just can't make this stuff up. Right-wingers have an astonishing ability to simply disregard irrefutable facts that contradict their partisan
    fantasies.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Sun Jul 23 16:28:44 2023
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    --bks

    Ya, you go believing everything you read in WSJ or any other newspaper. They don't even do investigative journalism, they just print planted stories and propaganda you moron. If you don't think they are directly working for the deep pockets, it's YOU
    who is delusionsal, dumbass.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Sun Jul 23 23:58:56 2023
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote: >> > ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    Ya, you go believing everything you read in WSJ or any other newspaper.
    ...

    You're delusional. And you're changing the subject because you
    realized how delusional your previous response is.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Sun Jul 23 23:16:32 2023
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Sun Jul 23 18:07:52 2023
    On Sunday, July 23, 2023 at 4:59:02 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote: >> jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    Ya, you go believing everything you read in WSJ or any other newspaper.
    ...

    You're delusional. And you're changing the subject because you
    realized how delusional your previous response is.

    --bks

    Oh bullshit. I'm just tired of idiots. And, you and a couple of others are just stupid morons it's plain to see. We just spent 3 years being fully lied to by the govt and you guys are buying into whatever they say still. Seriously, Fuck you.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Mon Jul 24 01:24:33 2023
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 4:59:02 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote: >> >> jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...
    You're delusional.

    Ya, you go believing everything you read in WSJ or any other newspaper.
    ...
    You're delusional. And you're changing the subject because you
    realized how delusional your previous response is.

    Oh bullshit. I'm just tired of idiots.
    ...

    That might be true, but it's totally beside the point. Concentrate.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to BillB on Mon Jul 24 11:22:40 2023
    On 7/23/2023 4:21 PM, BillB wrote:
    On Sunday, July 23, 2023 at 2:15:37 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 1:38:00 PM UTC-7, BillB wrote:

    lol...you are not a serious person, and the cognitive dissonance you are experiencing is clearly excruciating. All you can do is go into denial mode.
    You sound like the same type of out of touch, never been truly educated or learned how things actually worked in higher circles like Jerry is. Just nothing even worth responding to.....I gave you a chance.....Ploink.


    ^^^ Utterly defeated by basic economic facts. LOLOL

    Ah, so Jerry like ... ploink

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Mon Jul 24 11:09:59 2023
    On Sunday, July 23, 2023 at 2:15:37 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 1:38:00 PM UTC-7, BillB wrote:

    lol...you are not a serious person, and the cognitive dissonance you are experiencing is clearly excruciating. All you
    can do is go into denial mode.
    .
    You sound like the same type of out of touch, never been truly educated or learned how things actually worked in
    higher circles like Jerry is.
    .

    The guy that keeps calling you out to show your ignorance?
    They guy that proved you a liar, and keeps proving it?
    The guy you keep running from because you can't answer?

    Yea, me. BillB and me.

    Just nothing even worth responding to.....I gave you a chance.....Ploink.

    See? Keep running kid, we're pointing and laughing at you...

    LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Mon Jul 24 11:12:57 2023
    On Sunday, July 23, 2023 at 3:36:35 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 11:48:15 AM UTC-7, Travel wrote:

    Never a reference to anything, person or source considered conservative. Talk about running-from and hiding.
    .

    Ya, typical libtards proclaiming all stats to be facts when it fits their narrative. But stats are always political.
    .

    See what we mean by embarrassing stupidity?

    Once again he shits & runs...


    LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Mon Jul 24 11:23:13 2023
    On Sunday, July 23, 2023 at 6:07:57 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 4:59:02 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote: >> jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    Ya, you go believing everything you read in WSJ or any other newspaper. ...

    You're delusional. And you're changing the subject because you
    realized how delusional your previous response is.

    --bks
    .

    Oh bullshit. I'm just tired of idiots.

    We're not. It's become a pleasure, showing your idiocy. It's fun watching you dodge, squrm, lie, make up bullshit,
    bloviate lies about yourself and your delusions of grandeur.

    And, you and a couple of others are just stupid morons it's plain to see.

    Heh. Keep proving us right about you...

    We just spent 3 years being fully lied to by the govt

    *** Then you should have no trouble showing us. ***

    See? That's all it takes for you to tuck your tail between your legs and run.

    *** LOL! ***

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Mon Jul 24 11:17:07 2023
    On Sunday, July 23, 2023 at 4:28:50 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 4:16:39 PM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Sunday, July 23, 2023 at 3:50:51 PM UTC-7, Bradley K. Sherman wrote:
    ...
    If you think The Wall Street Journal is not conservative,
    you are delusional.

    Maybe in the past,
    ...

    You're delusional.

    --bks
    .
    Ya, you go believing everything you read in WSJ or any other newspaper.
    They don't even do investigative journalism,
    .

    ** LOL! ** Sherman tells you your delusional, and your first sentence proved him right.

    You really are - that stupid....
    (And we really do have fun showing it).

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to da pickle on Mon Jul 24 11:24:56 2023
    On Monday, July 24, 2023 at 9:22:57 AM UTC-7, da pickle wrote:
    On 7/23/2023 4:21 PM, BillB wrote:
    On Sunday, July 23, 2023 at 2:15:37 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 1:38:00 PM UTC-7, BillB wrote:

    lol...you are not a serious person, and the cognitive dissonance you are experiencing is clearly excruciating. All you can do is go into denial mode.
    You sound like the same type of out of touch, never been truly educated or learned how things actually worked in higher circles like Jerry is. Just nothing even worth responding to.....I gave you a chance.....Ploink.


    ^^^ Utterly defeated by basic economic facts. LOLOL
    Ah, so Jerry like ... ploink
    .

    See? Another Shit & Run.

    Can't answer, can't reply, can't show. Just "ploink & run."

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Mon Jul 24 12:54:11 2023
    On Saturday, July 22, 2023 at 11:37:19 AM UTC-4, jack roth wrote:
    On Saturday, July 22, 2023 at 7:57:19 AM UTC-7, BillB wrote:
    So why all the right-wing tears? Money is falling from the sky. All you have to do is bend over and pick it up. There are almost 10 million job openings. Go get one.
    Fortunately, I don't need a job. But, I do hear millions of people are now working 2 and 3 jobs just to make a go of things because they don't make enough to survive. And, that money falling from the sky is the US Govt increasing the national debt and
    printing money they don't have. I wonder how much inflation would be if they weren't so fraudently buying up their own debt. I wonder what our GDP would be if it didn't spew that extra $32T in national debt into the economy...so much faux GDP was created
    by the spending of this debt...imagine what happens to the GDP if you are forced to stop printing this counterfeit money. Imagine how much even worse than that our GDP truly is if you factor in all the state, county, and municipal debt that was used to
    prop up the economy. Now also imagine on top of that all the debt from future pension obligations and bonds....see, paying your govt employees too much increases debt, but then it allows you to sneak in contrived faux GDP by giving them this hidden QE in
    the form of overly fat pension benefits.

    And all that is in spite of the Fed raising the federal funds rate for ten consecutive meetings (5% in total) in an attempt to slow down the Biden economy to slow inflation.
    Getting bored, but maybe I should show you all the PMI type charts that show our economy is cratering right now.....and ya, price of used cars went down a little, but everyone is being fucked over by more and more taxes and higher prices at the stores
    and energy bills.

    Millions of people have been working 2-3 jobs for decades. A large part of the reason for that is because businesses were offering less than 35 hours (or is it 32?) so that they didn't have to offer benefits. Now, with the shortage of people, some
    companies have increased wages and are offering benefits.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to BillB on Mon Jul 24 12:55:30 2023
    On Saturday, July 22, 2023 at 1:42:41 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 9:26:55 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    Is Rubenstein your guru?
    WTF moron you are bringing up gurus? What's your "guru"...Hunter Biden? I just thought it might be an interesting article for you, dumbass. And, no matter what anyone says, the odds are very slim I buy into everything they say. Take for instance the
    stock market doing fine claim. The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....but the purchasing power of the value of everyone's stocks was cratering back then. So
    what if you are making 7%/yr in the stock market if the REAL inflation(not the cpi lie) is 14%.....you are nominally making 7%, but in real terms you are losing 7%. I know that concept is always tough for libtards to accept as it destroys your print and
    spend logic.
    Nobody, libtard or otherwise, has a problem understanding that one's investments need to outpace inflation to get ahead. You are clearly delusional.

    So you think the "real" inflation rate is typically double what is indicated by the CPI? We can test that theory with some simple arithmetic and our general observation real world price increases over the last 20 years. What were you paying for 70" TV
    20 years ago?

    Judging by electronics is a terrible idea. Look at basic food prices, utilities and rent.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Tim Norfolk on Mon Jul 24 13:10:58 2023
    On Monday, July 24, 2023 at 12:55:34 PM UTC-7, Tim Norfolk wrote:
    On Saturday, July 22, 2023 at 1:42:41 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 9:26:55 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    Is Rubenstein your guru?
    WTF moron you are bringing up gurus? What's your "guru"...Hunter Biden? I just thought it might be an interesting article for you, dumbass. And, no matter what anyone says, the odds are very slim I buy into everything they say. Take for instance
    the stock market doing fine claim. The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....but the purchasing power of the value of everyone's stocks was cratering back then.
    So what if you are making 7%/yr in the stock market if the REAL inflation(not the cpi lie) is 14%.....you are nominally making 7%, but in real terms you are losing 7%. I know that concept is always tough for libtards to accept as it destroys your print
    and spend logic.
    Nobody, libtard or otherwise, has a problem understanding that one's investments need to outpace inflation to get ahead. You are clearly delusional.

    So you think the "real" inflation rate is typically double what is indicated by the CPI? We can test that theory with some simple arithmetic and our general observation real world price increases over the last 20 years. What were you paying for 70"
    TV 20 years ago?

    Judging by electronics is a terrible idea. Look at basic food prices, utilities and rent.

    Those categories you mentioned are weighted make up over well over 50% of the CPI, but those aren't the only things consumers spend their money on. It's a consumer price index, not a rent index or a basic necessities of life index.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Mon Jul 24 12:56:41 2023
    On Saturday, July 22, 2023 at 2:56:49 PM UTC-4, jack roth wrote:
    On Saturday, July 22, 2023 at 11:17:34 AM UTC-7, BillB wrote:
    Yes, and during that period the annual inflation rate is down 66% and the stock market is near all-time highs. He was obviously reading my posts on RGP. They never give me credit.
    Inflation down 66% my ass.....and even if it does go down....the prices aren't going down....they are just going up not quite as fast.

    Math is hard, huh, BillB?

    I have seen prices for feed and pine shavings go down in the past two months, as well as the fuel surcharge for my trash service.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Mon Jul 24 13:44:15 2023
    On Monday, July 24, 2023 at 12:56:46 PM UTC-7, Tim Norfolk wrote:
    On Saturday, July 22, 2023 at 2:56:49 PM UTC-4, jack roth wrote:
    On Saturday, July 22, 2023 at 11:17:34 AM UTC-7, BillB wrote:
    Yes, and during that period the annual inflation rate is down 66% and the stock market is near all-time highs. He was obviously reading my posts on RGP. They never give me credit.
    Inflation down 66% my ass.....and even if it does go down....the prices aren't going down....they are just going up not quite as fast.

    Math is hard, huh, BillB?

    I have seen prices for feed and pine shavings go down in the past two months, as well as the fuel surcharge for my trash service.

    That doesn't provide any context at all for why the prices may be down. Perhaps, the quality of corn this year is so bad that there's a bumper supply of shit corn for feed. And, maybe the fuel surcharge for trash service is down because they are
    switching to hydro electric vehicles and the fuel costs disappear. And, pine shavings? Well, maybe the last year building was way up, so the byproduct of pine shavings was in big supply. And, those changes could have bigger inflation one way than
    the lowering inflation that benefitted you....and could be reversed with bumper corn crops next year and a building slowdown, etc. And, of course, even with your trash service, they'll find new charges for you...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Mon Jul 24 13:38:47 2023
    On Monday, July 24, 2023 at 12:54:15 PM UTC-7, Tim Norfolk wrote:
    Millions of people have been working 2-3 jobs for decades. A large part of the reason for that is because businesses were offering less than 35 hours (or is it 32?) so that they didn't have to offer benefits. Now, with the shortage of people, some
    companies have increased wages and are offering benefits.

    Your simplifying the issue way too much. It first started with Nixon taking us off the gold standard which made the USD lose 70% of it's value quickly. That's when they started the women's lib propaganda and made women all think they had to work. Then
    they started exporting our jobs and importing cheap labor from down South. That put even more strains on raising families. Now, came obamacare so companies would be encouraged to cut hours and benefits and force everyone to take more jobs.
    Ya, I hear the bullshit about worker shortage, but with the 7million adult immigrants we just waved in and going to college becoming increasingly unpopular, I think what's more likely is companies claim they can't get people because they don't want to
    train anyone at their expense. So, good jobs, it's impossible to get the right trained veterans becuse of that...and then they can't get jobs for some low paying jobs because it's slave labor wages and people would rather live off and do better with
    welfare than getting 2 or three jobs and being miserable. I don't blame them, but you CAN NOT say there's a shortage of people, there is just a shortage of people at jobs for shit slave wages where they don't offer enough of a value proposition to be
    paid higher. I mean...if you have 1000 people applying for the same job, you can keep offering less and anyone you do hire you can treat like shit because there is a never ending line of replacements out there.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Mon Jul 24 15:39:25 2023
    On Monday, July 24, 2023 at 1:38:52 PM UTC-7, jack roth wrote:
    On Monday, July 24, 2023 at 12:54:15 PM UTC-7, Tim Norfolk wrote:
    Millions of people have been working 2-3 jobs for decades. A large part of the reason for that is because businesses were offering less than 35 hours (or is it 32?) so that they didn't have to offer benefits. Now, with the shortage of people, some
    companies have increased wages and are offering benefits.
    .

    Your [SIC] simplifying the issue way too much.

    What's the matter, asshole? Can't answer?

    Run, you lying coward, RUN!...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to VegasJerry on Mon Jul 24 15:37:20 2023
    On Monday, July 24, 2023 at 11:10:04 AM UTC-7, VegasJerry wrote:
    On Sunday, July 23, 2023 at 2:15:37 PM UTC-7, jack roth wrote:
    On Sunday, July 23, 2023 at 1:38:00 PM UTC-7, BillB wrote:

    lol...you are not a serious person, and the cognitive dissonance you are experiencing is clearly excruciating. All you
    can do is go into denial mode.
    .
    You sound like the same type of out of touch, never been truly educated or learned how things actually worked in
    higher circles like Jerry is.
    .

    The guy that keeps calling you out to show your ignorance?

    *** KNEW YOU'D RUN ***

    They guy that proved you a liar, and keeps proving it?

    *** KNEW YOU'D RUN ***

    The guy you keep running from because you can't answer?

    *** KNEW YOU'D RUN ***

    Yea, me. BillB and me.

    LOL! What's the matter, coward?

    Just nothing even worth responding to.....I gave you a chance.....Ploink.
    See? Keep running kid, we're pointing and laughing at you...

    LOL!

    Run, coward, RUN!

    LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Mon Jul 24 16:28:17 2023
    On Monday, July 24, 2023 at 4:38:52 PM UTC-4, jack roth wrote:
    On Monday, July 24, 2023 at 12:54:15 PM UTC-7, Tim Norfolk wrote:
    Millions of people have been working 2-3 jobs for decades. A large part of the reason for that is because businesses were offering less than 35 hours (or is it 32?) so that they didn't have to offer benefits. Now, with the shortage of people, some
    companies have increased wages and are offering benefits.
    Your simplifying the issue way too much. It first started with Nixon taking us off the gold standard which made the USD lose 70% of it's value quickly. That's when they started the women's lib propaganda and made women all think they had to work. Then
    they started exporting our jobs and importing cheap labor from down South. That put even more strains on raising families. Now, came obamacare so companies would be encouraged to cut hours and benefits and force everyone to take more jobs.
    Ya, I hear the bullshit about worker shortage, but with the 7million adult immigrants we just waved in and going to college becoming increasingly unpopular, I think what's more likely is companies claim they can't get people because they don't want to
    train anyone at their expense. So, good jobs, it's impossible to get the right trained veterans becuse of that...and then they can't get jobs for some low paying jobs because it's slave labor wages and people would rather live off and do better with
    welfare than getting 2 or three jobs and being miserable. I don't blame them, but you CAN NOT say there's a shortage of people, there is just a shortage of people at jobs for shit slave wages where they don't offer enough of a value proposition to be
    paid higher. I mean...if you have 1000 people applying for the same job, you can keep offering less and anyone you do hire you can treat like shit because there is a never ending line of replacements out there.

    The biggest change was computers and satellites in the late 70's, which allowed the fast transfer of money. Once that started, and was aided by multiple rounds of tax cuts for the wealthy, most of the nation's GDP flowed upwards to a small percentage of
    people, who now have enough cash (and don't pay much in taxes) to buy up veterinary practices, medical labs, funeral homes, car washes, hospital systems, newspapers and so much more. I fear that we are headed to our version of 18th century France and
    Spain, and most won't like that.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to BillB on Mon Jul 24 16:24:26 2023
    On Monday, July 24, 2023 at 4:11:02 PM UTC-4, BillB wrote:
    On Monday, July 24, 2023 at 12:55:34 PM UTC-7, Tim Norfolk wrote:
    On Saturday, July 22, 2023 at 1:42:41 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 9:26:55 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    Is Rubenstein your guru?
    WTF moron you are bringing up gurus? What's your "guru"...Hunter Biden? I just thought it might be an interesting article for you, dumbass. And, no matter what anyone says, the odds are very slim I buy into everything they say. Take for instance
    the stock market doing fine claim. The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....but the purchasing power of the value of everyone's stocks was cratering back then.
    So what if you are making 7%/yr in the stock market if the REAL inflation(not the cpi lie) is 14%.....you are nominally making 7%, but in real terms you are losing 7%. I know that concept is always tough for libtards to accept as it destroys your print
    and spend logic.
    Nobody, libtard or otherwise, has a problem understanding that one's investments need to outpace inflation to get ahead. You are clearly delusional.

    So you think the "real" inflation rate is typically double what is indicated by the CPI? We can test that theory with some simple arithmetic and our general observation real world price increases over the last 20 years. What were you paying for 70"
    TV 20 years ago?

    Judging by electronics is a terrible idea. Look at basic food prices, utilities and rent.
    Those categories you mentioned are weighted make up over well over 50% of the CPI, but those aren't the only things consumers spend their money on. It's a consumer price index, not a rent index or a basic necessities of life index.

    Regardless, electronics have been an anomaly for 40 years.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Tim Norfolk on Mon Jul 24 17:06:22 2023
    On Monday, July 24, 2023 at 4:24:30 PM UTC-7, Tim Norfolk wrote:
    On Monday, July 24, 2023 at 4:11:02 PM UTC-4, BillB wrote:
    On Monday, July 24, 2023 at 12:55:34 PM UTC-7, Tim Norfolk wrote:
    On Saturday, July 22, 2023 at 1:42:41 PM UTC-4, BillB wrote:
    On Saturday, July 22, 2023 at 9:49:15 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 9:26:55 AM UTC-7, BillB wrote:
    On Saturday, July 22, 2023 at 9:07:13 AM UTC-7, jack roth wrote:
    On Saturday, July 22, 2023 at 8:32:11 AM UTC-7, BillB wrote:
    Well, I guess if you think economic data is a "mirage" (LOL) then you can believe absolutely anything you want. Have fun.

    https://www.businessinsider.com/david-rubenstein-us-debt-solution-taxes-spending-inflation-income-inequality-2023-7
    Inflation is no mirage, and you will be seeing a lot more of it soon.
    Is Rubenstein your guru?
    WTF moron you are bringing up gurus? What's your "guru"...Hunter Biden? I just thought it might be an interesting article for you, dumbass. And, no matter what anyone says, the odds are very slim I buy into everything they say. Take for
    instance the stock market doing fine claim. The stock market could very well keep going up and up in the long term...that's what happened to the stock market in Weimar Germany....but the purchasing power of the value of everyone's stocks was cratering
    back then. So what if you are making 7%/yr in the stock market if the REAL inflation(not the cpi lie) is 14%.....you are nominally making 7%, but in real terms you are losing 7%. I know that concept is always tough for libtards to accept as it destroys
    your print and spend logic.
    Nobody, libtard or otherwise, has a problem understanding that one's investments need to outpace inflation to get ahead. You are clearly delusional.

    So you think the "real" inflation rate is typically double what is indicated by the CPI? We can test that theory with some simple arithmetic and our general observation real world price increases over the last 20 years. What were you paying for
    70" TV 20 years ago?

    Judging by electronics is a terrible idea. Look at basic food prices, utilities and rent.
    Those categories you mentioned are weighted make up over well over 50% of the CPI, but those aren't the only things consumers spend their money on. It's a consumer price index, not a rent index or a basic necessities of life index.
    Regardless, electronics have been an anomaly for 40 years.

    Anomaly or not, they represent a percentage of consumer spending and are thus factored into the CPI based on the percentage of average consumer spending they represent.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Tue Jul 25 11:26:40 2023
    |
    | The job market is humming nationally, but zoom in and you
    | get another extraordinary snapshot: Many states across the
    | country are experiencing all-time lows in unemployment.
    | ...
    | From Pennsylvania to Washington to Alabama, 17 states saw
    | jobless rates hit new record lows or hold at a previously
    | notched low in June, according to the Bureau of Labor
    | Statistics.
    | ...
    <https://www.axios.com/2023/07/24/states-jobs-unemployment-rate>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to Bradley K. Sherman on Tue Jul 25 06:12:09 2023
    On Tuesday, July 25, 2023 at 4:26:47 AM UTC-7, Bradley K. Sherman wrote:
    |
    | The job market is humming nationally, but zoom in and you
    | get another extraordinary snapshot: Many states across the
    | country are experiencing all-time lows in unemployment.
    | ...
    | From Pennsylvania to Washington to Alabama, 17 states saw
    | jobless rates hit new record lows or hold at a previously
    | notched low in June, according to the Bureau of Labor
    | Statistics.
    | ...
    <https://www.axios.com/2023/07/24/states-jobs-unemployment-rate>

    --bks

    Yes, and these conditions exist despite the Fed deliberately and openly trying to kill it all off with ten consecutive rate hikes. Not only that, it's all happening shortly after the worst pandemic in at least a century disrupted the entire world's
    economic output. The Biden economy is just unstoppable. Don't get me wrong though, the Fed seems bound and determined to get their little recession come hell or high water. Not sure why because the really concerning inflation stopped more than a year ago.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to BillB on Tue Jul 25 11:08:25 2023
    On Tuesday, July 25, 2023 at 9:12:15 AM UTC-4, BillB wrote:
    On Tuesday, July 25, 2023 at 4:26:47 AM UTC-7, Bradley K. Sherman wrote:
    |
    | The job market is humming nationally, but zoom in and you
    | get another extraordinary snapshot: Many states across the
    | country are experiencing all-time lows in unemployment.
    | ...
    | From Pennsylvania to Washington to Alabama, 17 states saw
    | jobless rates hit new record lows or hold at a previously
    | notched low in June, according to the Bureau of Labor
    | Statistics.
    | ...
    <https://www.axios.com/2023/07/24/states-jobs-unemployment-rate>

    --bks
    Yes, and these conditions exist despite the Fed deliberately and openly trying to kill it all off with ten consecutive rate hikes. Not only that, it's all happening shortly after the worst pandemic in at least a century disrupted the entire world's
    economic output. The Biden economy is just unstoppable. Don't get me wrong though, the Fed seems bound and determined to get their little recession come hell or high water. Not sure why because the really concerning inflation stopped more than a year ago.

    If you listen to Yellen and others, there is concern among the rich that wages are getting too high. They don't want the peasants to get uppity.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BTSinAustin@21:1/5 to Tim Norfolk on Tue Jul 25 12:17:38 2023
    On Tuesday, July 25, 2023 at 2:08:29 PM UTC-4, Tim Norfolk wrote:
    On Tuesday, July 25, 2023 at 9:12:15 AM UTC-4, BillB wrote:
    On Tuesday, July 25, 2023 at 4:26:47 AM UTC-7, Bradley K. Sherman wrote:
    |
    | The job market is humming nationally, but zoom in and you
    | get another extraordinary snapshot: Many states across the
    | country are experiencing all-time lows in unemployment.
    | ...
    | From Pennsylvania to Washington to Alabama, 17 states saw
    | jobless rates hit new record lows or hold at a previously
    | notched low in June, according to the Bureau of Labor
    | Statistics.
    | ...
    <https://www.axios.com/2023/07/24/states-jobs-unemployment-rate>

    --bks
    Yes, and these conditions exist despite the Fed deliberately and openly trying to kill it all off with ten consecutive rate hikes. Not only that, it's all happening shortly after the worst pandemic in at least a century disrupted the entire world's
    economic output. The Biden economy is just unstoppable. Don't get me wrong though, the Fed seems bound and determined to get their little recession come hell or high water. Not sure why because the really concerning inflation stopped more than a year ago.
    If you listen to Yellen and others, there is concern among the rich that wages are getting too high. They don't want the peasants to get uppity.

    True, both sides do not want the minimum wage raised. It's too good a wedge issue to let it go.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to Travel on Tue Jul 25 15:02:12 2023
    On July 20, Travel wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.

    They use "Core Inflation" dumbass.

    https://www.usinflationcalculator.com/inflation/consumer-price-index-and-annual-percent-changes-from-1913-to-2008/

    Check the table at the bottom, right side columns.
    2021 and 2022, biggest jumps in CPI since 1980.
    But never mind, Emperor Man Diaper is the Third Coming
    (following the Messiah Barak), the Party says so!

    https://www.investopedia.com/terms/c/coreinflation.asp#:~:text=Core%20inflation%20is%20the%20changeprices%20are%20much%20more%20volatile.

    Tell anyone who goes to a grocery store or heats or air conditions their house
    that there is low inflation, (chortle)

    I bought a pair of padlocks at Walmart, last week, $11
    Three years ago, same product, $8

    https://www.youtube.com/watch?v=cHxGUe1cjzM


    Poppy must be so depressed to see things going so well
    for the USA.

    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to RichD on Tue Jul 25 21:19:23 2023
    On Tuesday, July 25, 2023 at 3:02:17 PM UTC-7, RichD wrote:
    On July 20, Travel wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.

    They use "Core Inflation" dumbass.

    https://www.usinflationcalculator.com/inflation/consumer-price-index-and-annual-percent-changes-from-1913-to-2008/

    Check the table at the bottom, right side columns.
    2021 and 2022, biggest jumps in CPI since 1980.

    Most precipitous decline too?

    But never mind, Emperor Man Diaper is the Third Coming
    (following the Messiah Barak), the Party says so!

    Is that Biden you are talking about? I think your anger is misplaced:

    "The typical lag between an increase in money supply and inflation is two years. This means that it takes about two years for the effects of an increase in money supply to be fully felt in the economy in terms of higher prices."

    https://fred.stlouisfed.org/series/WM2NS

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Thu Jul 27 13:56:06 2023
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Thu Jul 27 10:30:43 2023
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting. We're in full on recession, but if prices rise fast enough you can pretend your economy is still growing....get it? Meanwhile, the consumer, who is 70% of the
    economy is shrinking like hell...more to the point....even though he's spending a lot, he's getting much less for the money because of the inflation. And, to make matters worse, the inflation numbers you are being given are a totally fraud constantly
    re-jiggered including recently in order to obtain the desired results of the govt. We're in full on recession and they are hiding it....of course there are leading and lagging indicators, the most lagging indicators sometimes don't even show up until
    the recession is over, but the leading ones are all screaming we're already here.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From RichD@21:1/5 to jack roth on Thu Jul 27 12:48:49 2023
    On July 27, jack roth wrote:
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.

    GDP uses gov't spending in the "product"... think about it...


    --
    Rich

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Thu Jul 27 12:18:32 2023
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.

    ^^ talking out his ass again
    https://fred.stlouisfed.org/series/GDPC1

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Thu Jul 27 13:03:47 2023
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again
    https://fred.stlouisfed.org/series/GDPC1

    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting
    dollars and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with
    govt spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Thu Jul 27 13:16:43 2023
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again
    https://fred.stlouisfed.org/series/GDPC1
    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting dollars
    and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with govt
    spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.

    LOL...we're back to "all economic data that proves me wrong is fake"

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to BillB on Thu Jul 27 16:12:42 2023
    On Thursday, July 27, 2023 at 1:16:47 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again
    https://fred.stlouisfed.org/series/GDPC1
    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting
    dollars and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with
    govt spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.
    .

    LOL...we're back to "all economic data that proves me wrong is fake"
    .

    And he still can't tell us where his $1.5 million bachelor pad is...

    LOL!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Thu Jul 27 22:54:05 2023
    |
    | As inflation falls, GOP may have to rethink attacks on
    | Biden economy
    | ... <https://www.washingtonpost.com/business/2023/07/26/inflation-falls-gop-may-have-rethink-attacks-biden-economy/>

    |
    | U.S. Economic Growth Accelerates, Defying Slowdown
    | Expectations
    |
    | Economy grew 2.4% last quarter, suggesting the U.S. is
    | steering clear of recession
    | ...
    <https://www.wsj.com/articles/us-gdp-report-economic-growth-92482437>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Paul Popinjay@21:1/5 to All on Thu Jul 27 19:53:31 2023
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:



    Aren't YOU lucky. You've got the three biggest lying piece of shits following your post.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BillB on Fri Jul 28 02:02:54 2023
    On Thursday, July 27, 2023 at 1:16:47 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again
    https://fred.stlouisfed.org/series/GDPC1
    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting
    dollars and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with
    govt spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.
    LOL...we're back to "all economic data that proves me wrong is fake"

    Fuck you. I bet if Donald Trump were in office right now, you'd have no problem at all criticizing this supposed data. Tell me something asshole. If I counterfeit a trillion dollars a years and throw it at the economy, does it increase "GDP"? Cuz
    that's what's going on. Similarly, how can you say the CPI is realistic when it doesn't include taxes which keep going up? Are you that dumb? How about when they constantly change the caculations for the CPI which ignore all the big increases in
    inflation of what poor people buy the most...food...energy...? Guess I'm just not one of those gullible dishonest morons like you they buy any bill of goods I'm shown. No wonder Canada is fucked up...morons like you live in it.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to VegasJerry on Fri Jul 28 02:04:03 2023
    On Thursday, July 27, 2023 at 4:12:46 PM UTC-7, VegasJerry wrote:
    On Thursday, July 27, 2023 at 1:16:47 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again
    https://fred.stlouisfed.org/series/GDPC1
    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting
    dollars and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with
    govt spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.
    .

    LOL...we're back to "all economic data that proves me wrong is fake"
    .

    And he still can't tell us where his $1.5 million bachelor pad is...

    LOL!

    Would love to see you sell your shitbox in the desert for $500K right now. Hilarious.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Fri Jul 28 14:12:59 2023
    |
    | Wall Street stocks boosted by signs of slowing inflation
    | ...
    <https://www.ft.com/content/79df886e-4b74-480c-a143-0f8343ffe643>

    |
    | US Stocks Rebound On Better Inflation Data
    | ... <https://www.barrons.com/news/us-stocks-rebound-on-better-inflation-data-e8ca5bb?refsec=topics_afp-news>

    |
    | US stocks rise as the Fed's favorite inflation gauge drops
    | to 2-year low
    | ... <https://markets.businessinsider.com/news/stocks/stock-market-news-today-pce-inflation-feds-favorite-gauge-economy-2023-7>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Jul 28 07:49:15 2023
    On Friday, July 28, 2023 at 2:04:07 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 4:12:46 PM UTC-7, VegasJerry wrote:
    On Thursday, July 27, 2023 at 1:16:47 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again https://fred.stlouisfed.org/series/GDPC1
    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting
    dollars and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with
    govt spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.
    .

    LOL...we're back to "all economic data that proves me wrong is fake"
    .

    And he still can't tell us where his $1.5 million bachelor pad is...

    LOL!
    Would love to see you sell your shitbox in the desert for $500K right now. Hilarious.
    .

    We'll take that as another, "I *** can't show my $1.5 million bachelor pad *** because I lied, once again."

    LOL! You are SO fucking easy... Run, boy, run...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to VegasJerry on Sat Jul 29 16:17:53 2023
    On Friday, July 28, 2023 at 7:49:19 AM UTC-7, VegasJerry wrote:
    On Friday, July 28, 2023 at 2:04:07 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 4:12:46 PM UTC-7, VegasJerry wrote:
    On Thursday, July 27, 2023 at 1:16:47 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again https://fred.stlouisfed.org/series/GDPC1
    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting
    dollars and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with
    govt spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.
    .

    LOL...we're back to "all economic data that proves me wrong is fake"
    .

    And he still can't tell us where his $1.5 million bachelor pad is...

    LOL!
    Would love to see you sell your shitbox in the desert for $500K right now. Hilarious.
    .

    We'll take that as another, "I *** can't show my $1.5 million bachelor pad *** because I lied, once again."

    LOL! You are SO fucking easy... Run, boy, run...
    .

    Hey! Easy Boy! You still running, you lying coward?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Tue Aug 1 17:03:57 2023
    | ...
    | And yet when I look at how the U.S. economy is doing right
    | now, I find it difficult to describe it in terms that allow
    | me to avoid sounding like a shill. I know lots of Americans
    | still think the economy is doing poorly, and are upset
    | about that. But when I look at objective measures, I just
    | can't rationalize that negative viewpoint. Because as far
    | as I can tell from the actual numbers, this economy is
    | doing really, really well.
    | ...
    <https://www.noahpinion.blog/p/if-this-is-a-bad-economy-please-tell>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to VegasJerry on Tue Aug 1 12:26:42 2023
    On Friday, July 28, 2023 at 7:49:19 AM UTC-7, VegasJerry wrote:
    On Friday, July 28, 2023 at 2:04:07 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 4:12:46 PM UTC-7, VegasJerry wrote:
    On Thursday, July 27, 2023 at 1:16:47 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 1:03:51 PM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 12:18:37 PM UTC-7, BillB wrote:
    On Thursday, July 27, 2023 at 10:30:47 AM UTC-7, jack roth wrote:
    On Thursday, July 27, 2023 at 6:56:14 AM UTC-7, Bradley K. Sherman wrote:
    |
    | U.S. economic growth accelerated over three months ending
    | in June, blowing past economist expectations and rebuking
    | concern about a possible recession.
    |
    | The U.S. gross domestic product grew by a 2.4% annualized
    | rate to finish the first half of 2023, according to
    | government data released Thursday.
    | ... <https://abcnews.go.com/Business/us-economy-expected-grown-slowed-dispelling-recession-fears/story?id=101664985>

    --bks

    You imbecile. Only the NOMINAL GDP grew....adjust it for inflation and we're contracting.
    ^^ talking out his ass again https://fred.stlouisfed.org/series/GDPC1
    BillB you ignorant lying dumbass. It's not factoring in any real inflation numbers, only the ginned up phony numbers the govt wants to see, you idiot ignoramus. Plus, as Rich points out, The govt spending like hell on military and couterfeiting
    dollars and handing them out did quite a bit to fake GDP. But, as we can see by the savings chart(go ahead and show us those, dumbass) savings rates of americans has dropped off the charts...as has consumer spending. So, ya go ahead and fake GDP with
    govt spending, fact is the consumer is tapped out......so, billb, fuck you and your moron logic.
    .

    LOL...we're back to "all economic data that proves me wrong is fake"
    .

    And he still can't tell us where his $1.5 million bachelor pad is...

    LOL!
    Would love to see you sell your shitbox in the desert for $500K right now. Hilarious.
    .

    We'll take that as another, "I *** can't show my $1.5 million bachelor pad *** because I lied, once again."

    LOL! You are SO fucking easy... Run, boy, run...
    .

    Now he's running from me AND BilB.

    Will we ever see this fool again?....

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Tue Aug 1 14:01:38 2023
    On Tuesday, August 1, 2023 at 10:04:05 AM UTC-7, Bradley K. Sherman wrote:
    | ...
    | And yet when I look at how the U.S. economy is doing right
    | now, I find it difficult to describe it in terms that allow
    | me to avoid sounding like a shill. I know lots of Americans
    | still think the economy is doing poorly, and are upset
    | about that. But when I look at objective measures, I just
    | can't rationalize that negative viewpoint. Because as far
    | as I can tell from the actual numbers, this economy is
    | doing really, really well.
    | ...
    <https://www.noahpinion.blog/p/if-this-is-a-bad-economy-please-tell>

    --bks

    Not sure what numbers he's looking at, but he's a moron. Revenue numbers can go up via inflation while the actual commerce goes down. And, that's what data shows as the average net worth of Americans is negative right now...so I don't see how he's
    spinning it as positive. Plus, Imagine what this economy would look like if we didn't put $32Trillion on the credit card. I can go give anyone an unlimited credit card and they can pretend their economy is going pretty well, too, until they hit the
    credit limit and it's time to repay. You guys have to be pretty stupid to not even be thinking or incorporating these concepts in your analysis. And, just think, since we've gone into $32Trillion in debt, a homeless crisis of unheard of
    proportions has broken out....a drug addiction crises kllling 100K young people/year has broken out....people in childbearing age ranges are so stressed from the thought of trying to support kids, the birth rate has collapsed. This isn't an economy
    that is thriving or that can survive.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BillB@21:1/5 to jack roth on Tue Aug 1 15:24:38 2023
    On Tuesday, August 1, 2023 at 2:01:43 PM UTC-7, jack roth wrote:
    On Tuesday, August 1, 2023 at 10:04:05 AM UTC-7, Bradley K. Sherman wrote:
    | ...
    | And yet when I look at how the U.S. economy is doing right
    | now, I find it difficult to describe it in terms that allow
    | me to avoid sounding like a shill. I know lots of Americans
    | still think the economy is doing poorly, and are upset
    | about that. But when I look at objective measures, I just
    | can't rationalize that negative viewpoint. Because as far
    | as I can tell from the actual numbers, this economy is
    | doing really, really well.
    | ...
    <https://www.noahpinion.blog/p/if-this-is-a-bad-economy-please-tell>

    --bks

    And, that's what data shows as the average net worth of Americans is negative right now.

    Jack, please stop. This is getting beyond ridiculous. You are even embarrassing the readers at this point. The average net worth of an American adult or family is not negative or anything remotely close to it.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to jack roth on Tue Aug 1 15:31:31 2023
    On Tuesday, August 1, 2023 at 2:01:43 PM UTC-7, jack roth wrote:
    On Tuesday, August 1, 2023 at 10:04:05 AM UTC-7, Bradley K. Sherman wrote:
    | ...
    | And yet when I look at how the U.S. economy is doing right
    | now, I find it difficult to describe it in terms that allow
    | me to avoid sounding like a shill. I know lots of Americans
    | still think the economy is doing poorly, and are upset
    | about that. But when I look at objective measures, I just
    | can't rationalize that negative viewpoint. Because as far
    | as I can tell from the actual numbers, this economy is
    | doing really, really well.
    | ...
    <https://www.noahpinion.blog/p/if-this-is-a-bad-economy-please-tell>

    --bks
    Not sure what numbers he's looking at, but he's a moron. Revenue numbers can go up via inflation while the actual commerce goes down. And, that's what data shows as the average net worth of Americans is negative right now...so I don't see how he's
    spinning it as positive. Plus, Imagine what this economy would look like if we didn't put $32Trillion on the credit card. I can go give anyone an unlimited credit card and they can pretend their economy is going pretty well, too, until they hit the
    credit limit and it's time to repay. You guys have to be pretty stupid to not even be thinking or incorporating these concepts in your analysis. And, just think, since we've gone into $32Trillion in debt, a homeless crisis of unheard of proportions has
    broken out....a drug addiction crises kllling 100K young people/year has broken out....people in childbearing age ranges are so stressed from the thought of trying to support kids, the birth rate has collapsed. This isn't an economy that is thriving or
    that can survive.

    Note: Net worth of Americans is trending negative right now as demonstrated by the household net worth chart on the ST Louis FRED chart.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Fri Aug 4 12:53:42 2023
    | ...
    | American employers added 187,000 jobs last month, the Labor
    | Department reported on Friday, a figure that exceeded the
    | flow of people entering the labor market. The unemployment
    | rate sank back to 3.5 percent, near a record low.
    | ... <https://www.nytimes.com/live/2023/08/04/business/jobs-report-july-economy>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Fri Aug 4 14:06:20 2023
    jack roth <[email protected]> wrote:
    On Friday, August 4, 2023 at 5:53:50 AM UTC-7, Bradley K. Sherman wrote:
    | ...
    | American employers added 187,000 jobs last month, the Labor
    | Department reported on Friday, a figure that exceeded the
    | flow of people entering the labor market. The unemployment
    | rate sank back to 3.5 percent, near a record low.
    | ...
    <https://www.nytimes.com/live/2023/08/04/business/jobs-report-july-economy>

    Not the correct interpretation.
    ...

    What "interpretation"? A simple statement of facts makes
    Trumpling head explode. Twas ever thus.

    It is true though that simple arithemetic says Biden
    can't go on creating more jobs forever. At some point
    he would run out of people! But so far Bidenomics is
    stellar.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Fri Aug 4 06:59:36 2023
    On Friday, August 4, 2023 at 5:53:50 AM UTC-7, Bradley K. Sherman wrote:
    | ...
    | American employers added 187,000 jobs last month, the Labor
    | Department reported on Friday, a figure that exceeded the
    | flow of people entering the labor market. The unemployment
    | rate sank back to 3.5 percent, near a record low.
    | ... <https://www.nytimes.com/live/2023/08/04/business/jobs-report-july-economy>

    --bks

    Not the correct interpretation. Job market is COOLING....THAT is the trend. Plus, there are plenty of bankruptcies and layoffs right now of all the high paying jobs and a lot of these jobs added are those low paying jobs you see immigrants and teens
    take. And, that's part of the reason tax receipts are lagging 11%. Furthermore, they say inflation is cooling because rents are a bit lower as is used cars, but food inflation is still here...even if it's abated a little, food costs have gone up
    outrageously...so have taxes, utilities, etc. You aren't better off...nobody is....and that's what the national wealth is suddenly trending negative.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Fri Aug 4 08:37:51 2023
    On Friday, August 4, 2023 at 8:23:55 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    ...
    Bullshit. Your statement of "facts" was a lame attempt to imply
    narratives and I called bullshit on it.
    ...

    "attempt to imply narratives"? That pegged the bullshit-o-meter.

    --bkmoron

    Now who is pegging the bullshit-o-meter. You obviously come in here with an agenda every time you cut and paste your bullshit NYT government narrative tripe. Do you just spend your entire life being brainwashed with the official messaging or do you
    ever have an original thought of your own?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Fri Aug 4 08:21:20 2023
    On Friday, August 4, 2023 at 7:06:27 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Friday, August 4, 2023 at 5:53:50 AM UTC-7, Bradley K. Sherman wrote: >> | ...
    | American employers added 187,000 jobs last month, the Labor
    | Department reported on Friday, a figure that exceeded the
    | flow of people entering the labor market. The unemployment
    | rate sank back to 3.5 percent, near a record low.
    | ...
    <https://www.nytimes.com/live/2023/08/04/business/jobs-report-july-economy>

    Not the correct interpretation.
    ...

    What "interpretation"? A simple statement of facts makes
    Trumpling head explode. Twas ever thus.

    Bullshit. Your statement of "facts" was a lame attempt to imply narratives and I called bullshit on it. And, the NYT is a joke. The 187K number is coming in BELOW expectations, moron. Furthermore, it's not nearly close enough to the amount of
    jobs needed for all the young people entering the workforce or the millions of illegals Biden has recklessly allowed into the country.


    It is true though that simple arithemetic says Biden
    can't go on creating more jobs forever. At some point
    he would run out of people! But so far Bidenomics is
    stellar.

    Steller my ass. Juicing the economy with trillions in debt IS NOT a healthy economy. If we've learned one thing now, it's that Biden's bullshit keynesian economics doesn't work. $1 Trilliion/yr in interest payments just for the Federal debt alone and
    it's rising like a rocket.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bradley K. Sherman on Fri Aug 4 10:33:25 2023
    On 8/4/2023 10:23 AM, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    ...
    Bullshit. Your statement of "facts" was a lame attempt to imply
    narratives and I called bullshit on it.
    ...

    "attempt to imply narratives"? That pegged the bullshit-o-meter.

    --bks

    You are correct ... it was not an "attempt".

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Fri Aug 4 15:23:47 2023
    jack roth <[email protected]> wrote:
    ...
    Bullshit. Your statement of "facts" was a lame attempt to imply
    narratives and I called bullshit on it.
    ...

    "attempt to imply narratives"? That pegged the bullshit-o-meter.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Bradley K. Sherman on Fri Aug 4 11:24:50 2023
    On Friday, August 4, 2023 at 8:23:55 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    ...
    Bullshit. Your statement of "facts" was a lame attempt to imply
    narratives and I called bullshit on it.
    ...

    "attempt to imply narratives"? That pegged the bullshit-o-meter.
    .

    See how easy Jack Off is? I kicked his ignorant in the other thread, and you got him running from this one.

    ... LOL!



    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Fri Aug 4 11:25:28 2023
    On Friday, August 4, 2023 at 8:37:56 AM UTC-7, jack roth wrote:
    On Friday, August 4, 2023 at 8:23:55 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    ...
    Bullshit. Your statement of "facts" was a lame attempt to imply >narratives and I called bullshit on it.
    ...

    "attempt to imply narratives"? That pegged the bullshit-o-meter.

    --bkmoron

    Now who is pegging the bullshit-o-meter. You obviously come in here with an agenda every time you cut and paste your bullshit NYT government narrative tripe. Do you just spend your entire life being brainwashed with the official messaging or do you
    ever have an original thought of your own?
    .

    See what I mean? :)

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From BTSinAustin@21:1/5 to Bradley K. Sherman on Tue Aug 8 09:07:31 2023
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    This thread was just in time to announce mortgage rates hit a 23-year high.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Tue Aug 8 18:31:21 2023
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote: >> > Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.


    My first mortgage, in the early 80's was 12.75%. Today, according
    to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to BTSinAustin on Tue Aug 8 11:19:34 2023
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Tue Aug 8 19:53:55 2023
    BTSinAustin <[email protected]> wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote: >> Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    And your belated comment is just in time to announce:
    |
    | Atlanta Fed US Q3 GDP Nowcast Growth Estimate 4.1% Vs
    | Previous 3.9% Gain
    |
    | Today at 12:18 pm
    | ... <https://www.marketscreener.com/quote/currency/AUSTRALIAN-DOLLAR-US-DO-2373531/news/Atlanta-Fed-US-Q3-GDP-Nowcast-Growth-Estimate-4-1-Vs-Previous-3-9-Gain-44551907/>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Tue Aug 8 13:34:36 2023
    On Tuesday, August 8, 2023 at 2:19:38 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    --bks

    This thread was just in time to announce mortgage rates hit a 23-year high.
    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.

    What 10 million barrels a day? They were releasing about 1 million per day, two years ago.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Tue Aug 8 16:58:04 2023
    On Tuesday, August 8, 2023 at 11:31:28 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.
    My first mortgage, in the early 80's was 12.75%. Today, according
    to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks

    I call instant bullshit. It was the Biden admin that refused to restock the spr: https://www.washingtonexaminer.com/policy/energy-environment/biden-administration-cancels-offer-for-6m-barrels-to-refill-strategic-petroleum-reserve

    Also, the only thing the Dems are better at is using the nations credit card to give the illusion of improving economy. GOP has probs too, but that's the Deep State globalist element that also controls the DEM party.
    Regarding the interest rates you paid in the 80's, sort of a non-sequitor. Are you saying everyone should enjoy these rates because they are lower the last time we were taken off the gold standard and inflation went batshit when the USD devalued as a
    result? I'm really curious what happens this Aug22.....will BRICS try to blindside the West with a gold backed currency?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Tue Aug 8 19:59:49 2023
    On Tuesday, August 8, 2023 at 7:58:09 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 11:31:28 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.
    My first mortgage, in the early 80's was 12.75%. Today, according
    to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks
    I call instant bullshit. It was the Biden admin that refused to restock the spr: https://www.washingtonexaminer.com/policy/energy-environment/biden-administration-cancels-offer-for-6m-barrels-to-refill-strategic-petroleum-reserve

    Also, the only thing the Dems are better at is using the nations credit card to give the illusion of improving economy. GOP has probs too, but that's the Deep State globalist element that also controls the DEM party.
    Regarding the interest rates you paid in the 80's, sort of a non-sequitor. Are you saying everyone should enjoy these rates because they are lower the last time we were taken off the gold standard and inflation went batshit when the USD devalued as a
    result? I'm really curious what happens this Aug22.....will BRICS try to blindside the West with a gold backed currency?

    Here are some of the data: https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Tue Aug 8 20:52:16 2023
    On Tuesday, August 8, 2023 at 7:59:53 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, August 8, 2023 at 7:58:09 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 11:31:28 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.
    My first mortgage, in the early 80's was 12.75%. Today, according
    to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks
    I call instant bullshit. It was the Biden admin that refused to restock the spr: https://www.washingtonexaminer.com/policy/energy-environment/biden-administration-cancels-offer-for-6m-barrels-to-refill-strategic-petroleum-reserve

    Also, the only thing the Dems are better at is using the nations credit card to give the illusion of improving economy. GOP has probs too, but that's the Deep State globalist element that also controls the DEM party.
    Regarding the interest rates you paid in the 80's, sort of a non-sequitor. Are you saying everyone should enjoy these rates because they are lower the last time we were taken off the gold standard and inflation went batshit when the USD devalued as a
    result? I'm really curious what happens this Aug22.....will BRICS try to blindside the West with a gold backed currency?
    Here are some of the data: https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/

    That's not "data". That's a generalized summation. What's missing from all this is how the SPR is being used to manipulate politics and also affect inflation at home. Cheap energy means lower inflation. Imagine what happens when they can no longer
    draw from the SPR and the Saudis and Russians know it? Oil prices will rocket and we'll get that 2nd wave of inflation...a much higher wave of inflation. Furthermore. since we learn more and more just how dishonest our own government is and how they
    try to control the narrative, could perhaps, that SPR be much more empty than advertised in order to fool Saudis/Russians into thinking we can keep releasing oil? Similarly, does anyone really think Ft Knox still has all that gold? 1. No one ever
    sees anywhere but the one "show room" 2. Bars in the show room were actually identified as being owned by foreign governments 2. Ft Know has recently had their windows all boarded up as though it's been closed down. 4. We all know how much China
    likes gold and how much they had to bail us out in the GFC...perhaps, there was a trade that wasn't publicized.... 5. most importantly, why are repeated calls for an audit of Ft Knox being ignored?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to jack roth on Wed Aug 9 09:47:25 2023
    On Tuesday, August 8, 2023 at 4:58:09 PM UTC-7, jack roth wrote:
    On Tuesday, August 8, 2023 at 11:31:28 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.
    My first mortgage, in the early 80's was 12.75%. Today, according
    to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks
    .

    I call instant bullshit. It was the Biden admin that refused to restock the spr: https://www.washingtonexaminer.com/policy/energy-environment/biden-administration-cancels-offer-for-6m-barrels-to-refill-strategic-petroleum-reserve

    Also, the only thing the Dems are better at is using the nations credit card to give the illusion of improving
    economy.

    Heh. The Bidenomics economy that’s running like a freight train? Unemployment lowest in 54-years, and, well
    you’re still running from my last bitch-slap of your ignorance. As to the ‘credit card’ you still haven’t responded
    to Trump increasing the overall national debt be 25%, in just HIS fucked up administration. Keep running dipshit.

    .
    GOP has probs too, but that's the Deep State globalist element that also controls the DEM party.

    And you’re still Running & Hiding from you being aske to SHOW US. SHOW US THAT Deep State.
    Keep running, dipshit. It’s been a pleasure rebitch-slapping your ignorant ass…

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Wed Aug 9 19:21:45 2023
    On Tuesday, August 8, 2023 at 11:52:21 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 7:59:53 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, August 8, 2023 at 7:58:09 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 11:31:28 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote: >> On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.
    My first mortgage, in the early 80's was 12.75%. Today, according
    to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks
    I call instant bullshit. It was the Biden admin that refused to restock the spr: https://www.washingtonexaminer.com/policy/energy-environment/biden-administration-cancels-offer-for-6m-barrels-to-refill-strategic-petroleum-reserve

    Also, the only thing the Dems are better at is using the nations credit card to give the illusion of improving economy. GOP has probs too, but that's the Deep State globalist element that also controls the DEM party.
    Regarding the interest rates you paid in the 80's, sort of a non-sequitor. Are you saying everyone should enjoy these rates because they are lower the last time we were taken off the gold standard and inflation went batshit when the USD devalued as
    a result? I'm really curious what happens this Aug22.....will BRICS try to blindside the West with a gold backed currency?
    Here are some of the data: https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/
    That's not "data". That's a generalized summation. What's missing from all this is how the SPR is being used to manipulate politics and also affect inflation at home. Cheap energy means lower inflation. Imagine what happens when they can no longer draw
    from the SPR and the Saudis and Russians know it? Oil prices will rocket and we'll get that 2nd wave of inflation...a much higher wave of inflation. Furthermore. since we learn more and more just how dishonest our own government is and how they try to
    control the narrative, could perhaps, that SPR be much more empty than advertised in order to fool Saudis/Russians into thinking we can keep releasing oil? Similarly, does anyone really think Ft Knox still has all that gold? 1. No one ever sees anywhere
    but the one "show room" 2. Bars in the show room were actually identified as being owned by foreign governments 2. Ft Know has recently had their windows all boarded up as though it's been closed down. 4. We all know how much China likes gold and how
    much they had to bail us out in the GFC...perhaps, there was a trade that wasn't publicized.... 5. most importantly, why are repeated calls for an audit of Ft Knox being ignored?

    Way to change the subject. Don't you claim to be a lawyer? You said that the government was releasing 10 million barrels a day. Support that, or admit that you were just making it up.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Wed Aug 9 20:30:54 2023
    On Wednesday, August 9, 2023 at 7:21:51 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, August 8, 2023 at 11:52:21 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 7:59:53 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, August 8, 2023 at 7:58:09 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 11:31:28 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.
    My first mortgage, in the early 80's was 12.75%. Today, according
    to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks
    I call instant bullshit. It was the Biden admin that refused to restock the spr: https://www.washingtonexaminer.com/policy/energy-environment/biden-administration-cancels-offer-for-6m-barrels-to-refill-strategic-petroleum-reserve

    Also, the only thing the Dems are better at is using the nations credit card to give the illusion of improving economy. GOP has probs too, but that's the Deep State globalist element that also controls the DEM party.
    Regarding the interest rates you paid in the 80's, sort of a non-sequitor. Are you saying everyone should enjoy these rates because they are lower the last time we were taken off the gold standard and inflation went batshit when the USD devalued
    as a result? I'm really curious what happens this Aug22.....will BRICS try to blindside the West with a gold backed currency?
    Here are some of the data: https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/
    That's not "data". That's a generalized summation. What's missing from all this is how the SPR is being used to manipulate politics and also affect inflation at home. Cheap energy means lower inflation. Imagine what happens when they can no longer
    draw from the SPR and the Saudis and Russians know it? Oil prices will rocket and we'll get that 2nd wave of inflation...a much higher wave of inflation. Furthermore. since we learn more and more just how dishonest our own government is and how they try
    to control the narrative, could perhaps, that SPR be much more empty than advertised in order to fool Saudis/Russians into thinking we can keep releasing oil? Similarly, does anyone really think Ft Knox still has all that gold? 1. No one ever sees
    anywhere but the one "show room" 2. Bars in the show room were actually identified as being owned by foreign governments 2. Ft Know has recently had their windows all boarded up as though it's been closed down. 4. We all know how much China likes gold
    and how much they had to bail us out in the GFC...perhaps, there was a trade that wasn't publicized.... 5. most importantly, why are repeated calls for an audit of Ft Knox being ignored?
    Way to change the subject. Don't you claim to be a lawyer? You said that the government was releasing 10 million barrels a day. Support that, or admit that you were just making it up.

    I've never once claimed to be a lawyer. Perhaps that was Mossingen. I mean 10m/bbl a week for a while....mistyped day instead and didn't check. I'm not sure they are releasing anything this week. But, you sound rather desperate to find any error
    in anything you say, so I encourage you to check daily on the SPR totals and see if they start releasing again and you can claim to the world I was making it up when I said I'm not sure they are releasing anything this week. Some day, maybe you should
    check out of your theoretical existence and see how the real world works. It's messy.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to All on Thu Aug 10 12:45:20 2023
    |
    | Inflation gauge rose 3.2% annually in July, less than
    | expected
    | ...
    <https://www.cnbc.com/2023/08/10/cpi-inflation-july-2023-.html>

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Bradley K. Sherman on Thu Aug 10 06:31:10 2023
    On Thursday, August 10, 2023 at 5:45:27 AM UTC-7, Bradley K. Sherman wrote:
    |
    | Inflation gauge rose 3.2% annually in July, less than
    | expected
    | ...
    <https://www.cnbc.com/2023/08/10/cpi-inflation-july-2023-.html>

    --bks

    Don't forget to point out that their method for calculating inflation is constantly changing to give them the desired results and inflation as originally calculated puts inflation much higher. Also, you didn't mention Core inflation which is at 4.7%.
    Additionally, all those increased taxes you are paying are completely left out of the equation. Imagine how inconvenient the inflation number would be to the government if they had to factor in all your tax increases each year.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to [email protected] on Thu Aug 10 13:33:52 2023
    jack roth <[email protected]> wrote:
    ...
    | Inflation gauge rose 3.2% annually in July, less than
    | expected
    ...

    Don't forget to point out that their method for calculating inflation is >constantly changing to give them the desired results and inflation as >originally calculated puts inflation much higher. ...

    Sure, Jack, we believe you.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Bradley K. Sherman on Thu Aug 10 07:24:30 2023
    On Thursday, August 10, 2023 at 6:33:59 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    ...
    | Inflation gauge rose 3.2% annually in July, less than
    | expected
    ...
    Don't forget to point out that their method for calculating inflation is >constantly changing to give them the desired results and inflation as >originally calculated puts inflation much higher. ...

    Sure, Jack, we believe you.
    .

    We believe he's delusional and living in an alternate world of self-granulating. (Watch)..

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Thu Aug 10 12:00:31 2023
    On Wednesday, August 9, 2023 at 11:30:59 PM UTC-4, jack roth wrote:
    On Wednesday, August 9, 2023 at 7:21:51 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, August 8, 2023 at 11:52:21 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 7:59:53 PM UTC-7, Tim Norfolk wrote:
    On Tuesday, August 8, 2023 at 7:58:09 PM UTC-4, jack roth wrote:
    On Tuesday, August 8, 2023 at 11:31:28 AM UTC-7, Bradley K. Sherman wrote:
    jack roth <[email protected]> wrote:
    On Tuesday, August 8, 2023 at 9:07:35 AM UTC-7, BTSinAustin wrote:
    On Wednesday, July 12, 2023 at 9:41:30 AM UTC-4, Bradley K. Sherman wrote:
    Inflation down to 3%, Wages up 4%, S&P500 up 17% YTD.
    Poppy must be so depressed to see things going so well
    for the USA.

    This thread was just in time to announce mortgage rates hit a 23-year high.

    Well, what Bradley doesn't also understand is the SPR oil releases of 10M barrels of day is keeping oil prices down...and
    energy IS inflation...imagine what happens when Biden admin has to stop releasing oil Inflation will go crazy.
    My first mortgage, in the early 80's was 12.75%. Today, according to Mr. Google, they're at about 7.75%. Go figure.

    As to oil, you can blame the Republicans for not refilling
    the reserve when prices were low as they cancelled a
    proposed 140,000,000 barrel purchase last December with
    their budget kabuki. The idea that the GOP is better
    at the economy has been disproved time after time.

    --bks
    I call instant bullshit. It was the Biden admin that refused to restock the spr: https://www.washingtonexaminer.com/policy/energy-environment/biden-administration-cancels-offer-for-6m-barrels-to-refill-strategic-petroleum-reserve

    Also, the only thing the Dems are better at is using the nations credit card to give the illusion of improving economy. GOP has probs too, but that's the Deep State globalist element that also controls the DEM party.
    Regarding the interest rates you paid in the 80's, sort of a non-sequitor. Are you saying everyone should enjoy these rates because they are lower the last time we were taken off the gold standard and inflation went batshit when the USD
    devalued as a result? I'm really curious what happens this Aug22.....will BRICS try to blindside the West with a gold backed currency?
    Here are some of the data: https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/
    That's not "data". That's a generalized summation. What's missing from all this is how the SPR is being used to manipulate politics and also affect inflation at home. Cheap energy means lower inflation. Imagine what happens when they can no longer
    draw from the SPR and the Saudis and Russians know it? Oil prices will rocket and we'll get that 2nd wave of inflation...a much higher wave of inflation. Furthermore. since we learn more and more just how dishonest our own government is and how they try
    to control the narrative, could perhaps, that SPR be much more empty than advertised in order to fool Saudis/Russians into thinking we can keep releasing oil? Similarly, does anyone really think Ft Knox still has all that gold? 1. No one ever sees
    anywhere but the one "show room" 2. Bars in the show room were actually identified as being owned by foreign governments 2. Ft Know has recently had their windows all boarded up as though it's been closed down. 4. We all know how much China likes gold
    and how much they had to bail us out in the GFC...perhaps, there was a trade that wasn't publicized.... 5. most importantly, why are repeated calls for an audit of Ft Knox being ignored?
    Way to change the subject. Don't you claim to be a lawyer? You said that the government was releasing 10 million barrels a day. Support that, or admit that you were just making it up.
    I've never once claimed to be a lawyer. Perhaps that was Mossingen. I mean 10m/bbl a week for a while....mistyped day instead and didn't check. I'm not sure they are releasing anything this week. But, you sound rather desperate to find any error in
    anything you say, so I encourage you to check daily on the SPR totals and see if they start releasing again and you can claim to the world I was making it up when I said I'm not sure they are releasing anything this week. Some day, maybe you should check
    out of your theoretical existence and see how the real world works. It's messy.

    How real do you want to get? This month we are spinning out and bottling honey, then later slaughtering chickens.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Thu Aug 10 14:55:25 2023
    On Thursday, August 10, 2023 at 12:00:37 PM UTC-7, Tim Norfolk wrote:
    How real do you want to get? This month we are spinning out and bottling honey, then later slaughtering chickens.

    You don't value your time much, do you? And, that's not how the real world works in the USA at the moment....maybe after the nukes hit. And, I've thought about that, too. I don't give two shits about living in a post nuclear war world, so I'm going
    to stay right here a mile away from a dozen defense contractors knowing full well I'll be taken out with the first nukes. I don't want to live in any world where I can't go out and stiff a poker dealer.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to jack roth on Thu Aug 10 19:35:12 2023
    On Thursday, August 10, 2023 at 5:55:30 PM UTC-4, jack roth wrote:
    On Thursday, August 10, 2023 at 12:00:37 PM UTC-7, Tim Norfolk wrote:
    How real do you want to get? This month we are spinning out and bottling honey, then later slaughtering chickens.
    You don't value your time much, do you? And, that's not how the real world works in the USA at the moment....maybe after the nukes hit. And, I've thought about that, too. I don't give two shits about living in a post nuclear war world, so I'm going to
    stay right here a mile away from a dozen defense contractors knowing full well I'll be taken out with the first nukes. I don't want to live in any world where I can't go out and stiff a poker dealer.

    I value my time a great deal. I am retired, and mostly do what I want to, when I want, except for the multitude of doctor, dentist and vet appointments.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jack roth@21:1/5 to Tim Norfolk on Thu Aug 10 19:43:09 2023
    On Thursday, August 10, 2023 at 7:35:18 PM UTC-7, Tim Norfolk wrote:
    On Thursday, August 10, 2023 at 5:55:30 PM UTC-4, jack roth wrote:
    On Thursday, August 10, 2023 at 12:00:37 PM UTC-7, Tim Norfolk wrote:
    How real do you want to get? This month we are spinning out and bottling honey, then later slaughtering chickens.
    You don't value your time much, do you? And, that's not how the real world works in the USA at the moment....maybe after the nukes hit. And, I've thought about that, too. I don't give two shits about living in a post nuclear war world, so I'm going
    to stay right here a mile away from a dozen defense contractors knowing full well I'll be taken out with the first nukes. I don't want to live in any world where I can't go out and stiff a poker dealer.
    I value my time a great deal. I am retired, and mostly do what I want to, when I want, except for the multitude of doctor, dentist and vet

    Make sure you are keeping your blood pressure in check if you find yourself needing a lot of dental work. A simple prescription for amlodipine might save you some dentist bills.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Tim Norfolk on Fri Aug 11 06:48:21 2023
    On 8/10/2023 9:35 PM, Tim Norfolk wrote:
    On Thursday, August 10, 2023 at 5:55:30 PM UTC-4, jack roth wrote:
    On Thursday, August 10, 2023 at 12:00:37 PM UTC-7, Tim Norfolk wrote:
    How real do you want to get? This month we are spinning out and bottling honey, then later slaughtering chickens.
    You don't value your time much, do you? And, that's not how the real world works in the USA at the moment....maybe after the nukes hit. And, I've thought about that, too. I don't give two shits about living in a post nuclear war world, so I'm going to
    stay right here a mile away from a dozen defense contractors knowing full well I'll be taken out with the first nukes. I don't want to live in any world where I can't go out and stiff a poker dealer.

    I value my time a great deal. I am retired, and mostly do what I want to, when I want, except for the multitude of doctor, dentist and vet appointments.

    These unfortunately too brief exchanges almost make RGP worth reading.

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  • From Tim Norfolk@21:1/5 to jack roth on Fri Aug 11 12:52:49 2023
    On Thursday, August 10, 2023 at 10:43:16 PM UTC-4, jack roth wrote:
    On Thursday, August 10, 2023 at 7:35:18 PM UTC-7, Tim Norfolk wrote:
    On Thursday, August 10, 2023 at 5:55:30 PM UTC-4, jack roth wrote:
    On Thursday, August 10, 2023 at 12:00:37 PM UTC-7, Tim Norfolk wrote:
    How real do you want to get? This month we are spinning out and bottling honey, then later slaughtering chickens.
    You don't value your time much, do you? And, that's not how the real world works in the USA at the moment....maybe after the nukes hit. And, I've thought about that, too. I don't give two shits about living in a post nuclear war world, so I'm going
    to stay right here a mile away from a dozen defense contractors knowing full well I'll be taken out with the first nukes. I don't want to live in any world where I can't go out and stiff a poker dealer.
    I value my time a great deal. I am retired, and mostly do what I want to, when I want, except for the multitude of doctor, dentist and vet
    Make sure you are keeping your blood pressure in check if you find yourself needing a lot of dental work. A simple prescription for amlodipine might save you some dentist bills.

    Not that, although I recently had one filling. What happened to me recently was a piece of bone that broke off during a wisdom tooth extraction in 1979 came through the gum, and ended up with me spending several hours in the chair while they chiseled and
    Dremeled the bone smooth and sewed it up.

    --- SoupGate-Win32 v1.05
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  • From RichD@21:1/5 to jack roth on Sat Aug 12 11:46:02 2023
    On August 8, jack roth wrote:
    Similarly, does anyone really think Ft Knox still has all that gold?
    1. No one ever sees anywhere but the one "show room"
    2. Bars in the show room were actually identified as being owned by
    foreign governments 3.Ft Knox has recently had their windows all boarded
    up as though it's been closed down... most importantly, why are repeated calls for an audit of Ft Knox being ignored?

    WHO CARES?

    Maybe there's a hole in the earth with some yellow metal.
    Or maybe there isn't. Or maybe it gets moved from one hole
    to another. Or maybe the hole contains boron.

    WHAT DIFFERENCE DOES IT MAKE?

    Or maybe Hunter Biden lifted the metal, and exchanged it
    for Federal Reserve notes. That might have a tangible
    effect... but you're unable to say why -

    --
    Rich

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  • From jack roth@21:1/5 to RichD on Sat Aug 12 13:58:44 2023
    On Saturday, August 12, 2023 at 11:46:06 AM UTC-7, RichD wrote:
    On August 8, jack roth wrote:
    Similarly, does anyone really think Ft Knox still has all that gold?
    1. No one ever sees anywhere but the one "show room"
    2. Bars in the show room were actually identified as being owned by
    foreign governments 3.Ft Knox has recently had their windows all boarded up as though it's been closed down... most importantly, why are repeated calls for an audit of Ft Knox being ignored?
    WHO CARES?

    Maybe there's a hole in the earth with some yellow metal.
    Or maybe there isn't. Or maybe it gets moved from one hole
    to another. Or maybe the hole contains boron.

    WHAT DIFFERENCE DOES IT MAKE?

    Or maybe Hunter Biden lifted the metal, and exchanged it
    for Federal Reserve notes. That might have a tangible
    effect... but you're unable to say why -

    --
    Rich

    You are a fool if you think I'm unable to say why/ A more accurate thought is you are unable to listen. Just look around. Central banks all over are massively stocking up on gold right now. That matters. That's telling you something big is up. That'
    s telling you there is systemic risk such that everyone knows the only thing that'll save their country is having that gold rock in their hole when the system burns. How obtuse can you really be if all these powerful entities are stocking up on gold...
    and then of course, convincing fools like you not to do the same...gold is always what people suddenly turn to when the fear sets in...and we're in the Fourth Turning...if the fear isn't starting to set in, you are dumb.
    But, hey, you think you are so smart, you do you. I don't really care.

    --- SoupGate-Win32 v1.05
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  • From RichD@21:1/5 to jack roth on Tue Aug 15 10:24:29 2023
    On August 12, jack roth wrote:
    Similarly, does anyone really think Ft Knox still has all that gold?

    ... and we're in the Fourth Turning ... if the fear isn't starting to set in, you are dumb.

    https://www.flickr.com/photos/wwnorm/7958074974

    --
    Rich

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  • From Tim Norfolk@21:1/5 to RichD on Wed Aug 16 11:18:27 2023
    On Tuesday, August 15, 2023 at 1:24:35 PM UTC-4, RichD wrote:
    On August 12, jack roth wrote:
    Similarly, does anyone really think Ft Knox still has all that gold?

    ... and we're in the Fourth Turning ... if the fear isn't starting to set in, you are dumb.

    https://www.flickr.com/photos/wwnorm/7958074974

    --
    Rich

    Nice hat

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