Ha. Costa Rica has deflation. Ask a tico if that’s true…
I’ll leave this here again
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That’s not what that graph shows… just that inflation went down, not away
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Serious question: Is it possible to simultaneously have everyone’s wages increase and inflation not? Everyone wants their wages to increase but if everyone at the same time (albeit in different proportions) increased their income that would almost guarantee inflation? (so inflation rose 7.5%, and wages rose 5.9% in December 21’)… seems logical and unavoidable to me, add in a shortage of goods and bingo… super inflation.
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Well their currency lost 20% since then so if it’s not adjusted for that then maybe…
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Let’s not turn this into a covid debate
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I personally do not think they will ever be able to pay back their debt with the current model of banking we have today. I don’t think the intent was to ever pay back the debt in first place. And we will continue to do what we do best and that is buy our own debt and print more money.
Pay back to whom? Saturn? Global debt is like 250 trillion, a number that’s incomprehensible. So, as with all fiat currencies, the “owners” use inflation and deflation to buy up all the real assets. Then they transform the monetary system to “help” the proles who funded their enterprise.
This can’t happen in a system that is actually backed by finite resources. So either there’s a conspiracy, or no one knows basic mathematics. I opt towards the former…
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About to book spring break in Istanbul - what could go wrong. (Please don’t tell me, lol).
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Not Constantinople?
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No one does that song like They Might Be Giants.
Is it 4:20 yet?
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Go to alanya. You won’t regret it and your dollars will stretch very far right now.
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Student discount on dirt cheap tickets to Istanbul. Like 250 round trip - it’s 4am but friends and I are weighing pros and cons.
Cons: the over reactionary media.
Pros. Everything that travel, culture and experience brings to your life.
I never felt threatened at all. Like all countries stay in groups at night in highly populated areas and be smart. It’s as safe there as anywhere…
They like to pray a lot. City basically shuts down like 6 times a day. That’s the only culture shock I really had there.
Ugh I can’t wait to start traveling again. No ones sticking a qtip up my nose and scrapping my brain to do it. So for now it’s still off the table. I draw the line at taking my shoes off and getting gropped by $15/hr morons on an ego trip.
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The point I was trying to make was as the debt grows, it becomes more difficult and painful to pay it down, default, or monetize it. It’s only up from this point.
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Don’t worry about the debt. Worry about servicing the debt and the undue burden it places on the taxpayer as opposed to the tax spender.
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Oh trust me I’m not worried anymore. I’ve thrown in the towel. 
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I do enjoy that my company thinks an across the board 2% cost of living increase was more appropriate than our usual merit increases where I average at least 7% each year. I wonder if I could show them my $700 oil bill from this morning as evidence of their sheer lack of any kind of comprehension of how ridiculous things are right now. That same 175 gallons cost me less than $400 18 months ago. I would contemplate switching to natural gas but getting the infrastructure in place alone would completely negate any savings for me.
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Unless your company is making a windfall in the oil business, I wouldn’t look at it quite that way.
The value of labor is subject to supply and demand like anything else. What’s odd, though, is that the demand for labor is supposedly high and comp is increasing in general. Is this true in your industry?
How did they explain the difference this year?
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Reminded me of this ditty from back in the day:
The story itself isn’t new, but I did enjoy the insightful quote.
Leniza Costa, a beauty influencer and frequent customer from Pawtucket, Rhode Island, commented on Dollar Tree’s decision. She told CNN: “I wish they wouldn’t have done that because most of their shoppers are people who are not getting paid a lot of money.”