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Invisiblebudmanman
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Registered: 02/07/07
Posts: 17,982
Loc: PNW
Riots set record breaking damages so far to the account of 2 Billion Dollars
    #26941416 - 09/17/20 09:43 PM (3 years, 4 months ago)

"George Floyd Riots Caused Record-Setting $2 Billion in Damage, New Report Says. Here’s Why the True Cost Is Even Higher"

https://fee.org/articles/george-floyd-riots-caused-record-setting-2-billion-in-damage-new-report-says-here-s-why-the-true-cost-is-even-higher/


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Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal.

And I am mentally unstable.


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Offlinechristopera
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman] * 1
    #26941424 - 09/17/20 09:49 PM (3 years, 4 months ago)

I searched the article for "inflation", it does not appear.

What are they comparing their estimate to?

The FEE is a Libertarian think tank, aka. Republicans who want weed but have no plans for much of anything.


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Enjoy the process of your search without succumbing to the pressure of the result.

A Dorito is pizza, change my mind.

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Invisiblebudmanman
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Registered: 02/07/07
Posts: 17,982
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: christopera] * 1
    #26941428 - 09/17/20 09:54 PM (3 years, 4 months ago)

DUde this image is literally in the article I shared,



I am going to get you your dunce cap now.


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Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal.

And I am mentally unstable.


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Offlinechristopera
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman] * 2
    #26941437 - 09/17/20 09:58 PM (3 years, 4 months ago)

DOOOOD. It's still dumb.

It's a dishonest number because it compares current costs to past costs without factoring inflation. The source is also biased.


--------------------
Enjoy the process of your search without succumbing to the pressure of the result.

A Dorito is pizza, change my mind.

Bank and Union with The Shroomery at the Zuul on The internet - now with %'s and things

I’m sorry it had to be me.


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Invisiblepsi
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: christopera] * 1
    #26941482 - 09/17/20 10:28 PM (3 years, 4 months ago)

See the "2020 dollars" column.


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Invisiblelarry.fisherman
shoulda died already
I'm a teapot

Registered: 11/03/12
Posts: 36,294
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: psi]
    #26941713 - 09/18/20 05:10 AM (3 years, 4 months ago)

I will say though that with increased inflation you get decreased buying power. The equivalent of 1 million 2020 dollars is going to have way more financial influence the further back you go so there is defintely a deceptive angle to purely calculating for inflation.


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OfflineBrian Jones
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: larry.fisherman]
    #26941752 - 09/18/20 05:47 AM (3 years, 4 months ago)

So if cops kill more people or less people, will we have more buying power?


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"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


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Invisiblelarry.fisherman
shoulda died already
I'm a teapot

Registered: 11/03/12
Posts: 36,294
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Brian Jones]
    #26941780 - 09/18/20 06:15 AM (3 years, 4 months ago)

Idk what you're getting at but I mean the convenience. The technology. Go back before cars were commonplace, there's a massive expense gone. Houses/land used to be cheaper. Heat, electricity, shit like new clothes and washing machines. All these little coveniences add up to the money being more worthless to us because owning things necessitates spending money and the more we need the less money we have. Even think about all the laws and expenditure that have been added to the services that would be used to repair and just generally deal with the damage in the first place in even the last 50 years. Wages, unions, insurance/liability, ciies are simply larger, building codes and zoning laws, ect. I would be very surprised to hear its not more expensive overall, now, than in the past. Factoring for inflation of course.


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InvisibleAsante
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman]
    #26941811 - 09/18/20 06:36 AM (3 years, 4 months ago)

Quote:

budmanman said:
"George Floyd Riots Caused Record-Setting $2 Billion in Damage, New Report Says. Here’s Why the True Cost Is Even Higher"







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Omnicyclion.org
higher knowledge starts here


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OfflineBrian Jones
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: larry.fisherman] * 1
    #26941863 - 09/18/20 07:24 AM (3 years, 4 months ago)

Quote:

larry.fisherman said:
Idk what you're getting at but I mean the convenience. The technology. Go back before cars were commonplace, there's a massive expense gone. Houses/land used to be cheaper. Heat, electricity, shit like new clothes and washing machines. All these little coveniences add up to the money being more worthless to us because owning things necessitates spending money and the more we need the less money we have. Even think about all the laws and expenditure that have been added to the services that would be used to repair and just generally deal with the damage in the first place in even the last 50 years. Wages, unions, insurance/liability, ciies are simply larger, building codes and zoning laws, ect. I would be very surprised to hear its not more expensive overall, now, than in the past. Factoring for inflation of course.




What I'm getting at is cops killed the dude, then there were protests, some of which turned into riots, which caused economic damage. Then there was a lot of media attention. Then cops killed more dudes, which lead to more protests and riots, and more property damage.

Then this thread started relating that to inflation, which effects buying power. So I asked if cops kill more people or less people will I have more buying power.

I'm not saying there was zero sarcasm in my comment, but if inflation is involved here, then I want to know how it might effect us. In simplest terms, will more cops killing people, protests, riots, and property damage or less make my next trip to Wallmart more pleasurable for me.


--------------------
"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


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OfflineBaby_Hitler
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Brian Jones] * 1
    #26941917 - 09/18/20 07:59 AM (3 years, 4 months ago)

Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.


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Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ
(•_•)
<) )~  ANTIFA
/ \
\(•_•)
( (>    SUPER
/ \
(•_•)
<) )>    SOLDIERS
  / \


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Invisibletyrannicalrex
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26941976 - 09/18/20 08:28 AM (3 years, 4 months ago)

War is money. Greed is out of control (capitalists and corporatists making corps a human entity:scat:). Do any of you think that ALL of the businesses will be honest about loss?:rolleyes:


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InvisibleJokeshopbeard
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Registered: 11/30/11
Posts: 26,088
Loc: Deep in the system Flag
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman]
    #26942071 - 09/18/20 09:16 AM (3 years, 4 months ago)

Quote:

budmanman said:,




"causing insured losses to the insurance industry"

Oh how sad. I weep, truly.


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Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
--Jac O'keeffe


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Offlineqman
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Jokeshopbeard] * 3
    #26942100 - 09/18/20 09:35 AM (3 years, 4 months ago)

Insurance companies just like receiving premiums and not paying out claims. The fact that they actually had to make some payments to their clients is just horrible. :lol:


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InvisibleBilly Ray
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Registered: 11/19/19
Posts: 754
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26942112 - 09/18/20 09:46 AM (3 years, 4 months ago)

Quote:

Baby_Hitler said:
Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.



Who do you think is going to pay for their damage?


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InvisibleJokeshopbeard
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Registered: 11/30/11
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Loc: Deep in the system Flag
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942118 - 09/18/20 09:52 AM (3 years, 4 months ago)

Insurance companies.


--------------------
Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
--Jac O'keeffe


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OfflineBaby_Hitler
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942124 - 09/18/20 09:54 AM (3 years, 4 months ago)

Quote:

Billy Ray said:
Quote:

Baby_Hitler said:
Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.



Who do you think is going to pay for their damage?




Who pays when we go to war in another country? Every time we do, certain people are always glad to chime in and tell us how good war is for the economy.


--------------------
Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ
(•_•)
<) )~  ANTIFA
/ \
\(•_•)
( (>    SUPER
/ \
(•_•)
<) )>    SOLDIERS
  / \


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Invisiblepsi
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26942131 - 09/18/20 09:58 AM (3 years, 4 months ago)

Yeah but those wars happen in other countries so it's a bit of a different scenario.


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InvisibleBilly Ray
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Posts: 754
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Jokeshopbeard]
    #26942132 - 09/18/20 09:58 AM (3 years, 4 months ago)

No.  They let their cities burn and then ask for federal money.  In this story they were rejected but so much damage has happened over the past few months, I'd bet taxpayers will be paying for the damage at some point.  https://www.nydailynews.com/news/national/ny-minnesota-george-floyd-relief-fema-20200711-yaunv5e3zna3datwb52ga66iqi-story.html


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InvisibleBilly Ray
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26942135 - 09/18/20 10:00 AM (3 years, 4 months ago)

Quote:

Baby_Hitler said:
Quote:

Billy Ray said:
Quote:

Baby_Hitler said:
Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.



Who do you think is going to pay for their damage?




Who pays when we go to war in another country? Every time we do, certain people are always glad to chime in and tell us how good war is for the economy.



Thankfully Trump is president and isn't getting us into any wars and he's bringing troops home.


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