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Ah yes, the failed siren song of libertarians everywhere. I too used the think like that, but then I grew up.
One of the reasons that the majority of my stocks were bought through a transfer agent.
The old 80/20 rule. 80% of the people do 20% of the work, and 20% of the people do 80% of the work. This smells like a rebellion of the 20% to me.
If you live or work in NYC and didn't see this coming you're a dumbass and deserve whatever these dipshits do to you.
How do you get a nun pregnant?
Dress her up as an altar bot.
This asshole went to the store, saw those "pants" and said, "you know what, I'm gonna get me a pair of those". How?
You can print $10,000,000,000,000.00 in one year, but you can't print commodities.
We need a hopium Friday along the lines of Sunday Gun day. All hopium is allowed and believed on Fridays.
That means it's working
They are weak scared little people that want mommy to tell them it'll be OK.
I'm always out of the loop. Don't know if getting older keeps me out of the loop, or I just don't give a fuck anymore.
Volunteered on a campaign for a US Rep in a district that covered heavy urban and heavy rural. "My" candidate was a suburbanite. We had to have a long talk about his wardrobe before he went to events in the boonies. No, they don't wear kaki pants and polo shirts, and you can't wear new clean camo. Wear you suit, and don't be a twat. He lost
If you know your way around the ghetto EBT can be purchased for 50¢ on the 1$. Follow me for more hood tips.
That's not an easy question to answer. Rent, for example, is part of the CPI, but purchase of housing is not. The shadow stats people do a good job.
If we calculated the CPI the way we did prior to 1990 it would be over 8%, and if we calculated it the way we did prior to 1980 we would be at 14%. Tell me what number you want and I'll change the weights in the CPI to give it to you. http://www.shadowstats.com/alternate_data/inflation-charts
Although this article is four years old, it appears that they may be correct. It "may" be cheaper now,, and that's with the inland infrastructure for intermodal transportation of containers not yet at its full potential. https://www.maritime-executive.com/editorials/comparing-maritime-versus-railway-transportation-costs
It's either default or hyperinflation. There is no other mathematical alternative. 30 Trillion in current debt and hundreds of trillions in long term liabilities.
I read somewhere the the United States Federal Government owes more than the entire wealth ever created in the history of humanity....combined.
I have a few friends that are high muckety mucks in the logistics world. They have been saying for some time, or at least since the Panama Canal was widened, that the inland ports are the most efficient. In particular they point to places like Memphis and St Louis with their significant highway and rail options. I saw some plans for a new riverboat / barge that was specifically designed for cargo containers.
That is the ultimate question, how to preserve wealth? Gold? Silver? Stocks? Real Estate? Art? Jewelry? I own a good bit of farmland, and have been buying XOM by the handfuls since late last year. Even debt is tricky. If we are in "Weimar-style inflation", fixed rate debt is the hands down winner.
Personally, I'd go with the tried and true method of wealth preservation. Firearms.
Los Angeles, believe it or not, used to be a blue collar manufacturing town. For that matter, if you go back 80+ years NYC used to be a blue collar manufacturing town.
As near as I can tell LA's entire economy is based on selling each other real estate.
The top 1% now own more of the fiat currency and equities denominated in fiat currencies than the entire middle class. It's not surprising given that we are in a stock market and housing bubble to end all stock market and housing bubbles.
There's always that ONE guy.
It's not enough to stop watching sportsball, you gotta cut the cable cord. If I can can convince my parents, who are in their seventies, to cut the cord, you can too.