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US Economy
    #7176564 -

is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.

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Re: US Economy [Re: moon_glue]
    #7176578 -

our u.k. pals and china are trying to fuck us over.

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Re: US Economy [Re: California]
    #7176585 -

How so?


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Come on breakthrough with me...such wonders terrify the soul...it's real no need to question...knowledge infiltrates the host

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Re: US Economy [Re: moon_glue]
    #7176592 -

moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



Examples please.


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Hi  :scrambled:

My god... it's full of stars...

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Re: US Economy [Re: JackthaTripper]
    #7176593 -

dont blame the UK and China for what our leaders have done to our country.

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Re: US Economy [Re: StrandedVoyager]
    #7176598 -

StrandedVoyager said:
moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



Examples please.



go to the damn store for your own example.

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Re: US Economy [Re: JackthaTripper]
    #7176604 -

I've already said too much.

I won't elaborate as I am in relaxation mode, perhaps another time.

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Re: US Economy [Re: StrandedVoyager]
    #7176617 -

StrandedVoyager said:
moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



Examples please.



10 years ago gasoline fuel wasn't $3.50 a gallon(like it is today, in ten more years we'd be lucky to pay as little as $7.50 a gallon.

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Re: US Economy [Re: California]
    #7176628 -

and food prices are going up. can't go grocery shopping for less than 100 bucks.

i bought some precious metals to add to my long term savings. every now and then i buy some, i like to keep it a certain percentage of my saved money. maybe it'l keep its value better than the dollar, maybe it won't. i see the dollar going down alot farther. it recently broke its 30 year support line.

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Re: US Economy [Re: moon_glue]
    #7176631 -

it's true. as prices go up, american workers generally still get payed the same.


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Re: US Economy [Re: California]
    #7176652 -

Prices for actual goods hasn't budged too much in the last 10 years. Sure gas, oil, housing, etc has increased but I fail to see the logic (or intellect) in what you think.


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Same thing happened to me when I played Neil Armstrong in Moonshot. They found me in an alley in Burbank trying to re-enter the earth's atmosphere in an old refrigerator box.

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Re: US Economy [Re: California]
    #7176655 -

Gasoline is a completely different entity than anything in the United States and it's price is dictated by Opec and the American Oil Companies and do not reflect the strength of the American dollar but more the maximum profit potential weighted against reserves of product. That's why Oil rich countries get away with so much shit is because they dictate the price for the world economy.

And going to my local store... well chicken sandwiches, two tacos, jr. and bacon cheeseburgers are still $1 at Jack in the Box and at the store Soda Pop is still $1 and Bread is still 1.29

I completely agree that the American economy is fucked but inflation hasn't hit yet and probably won't hit until the next administration completely panics and the world economy realizes that the dollar has been completely over-stretched. However, that's still a few years away. Also realistically inflation is a natural and I won't say healthy but I'll say normal part of economics, the only time it should be feared is when it's out of control or when the standard of living cannot keep up with it.


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Hi  :scrambled:

My god... it's full of stars...

Edited by StrandedVoyager (07/14/07 09:14 PM)

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Re: US Economy [Re: moon_glue]
    #7176673 -

Way to really pin down the issue.

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Re: US Economy [Re: StrandedVoyager]
    #7176680 -

the strength of the american dollar is measured in comparison to the other major currencies

it is dropping, and broke its 30 year support line. if this continues foreign countries sell it over time to replace their reserves with a more stable currency. our currency is back by nothing except foreign investment in our debt.

i made no mention of oil.

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Re: US Economy [Re: WakeboardrB]
    #7176682 -

WakeboardrB said:
Prices for actual goods hasn't budged too much in the last 10 years. Sure gas, oil, housing, etc has increased but I fail to see the logic (or intellect) in what you think.



than adjust your eyes/glasses, not all that can't see are blind.

StrandedVoyager said:
Gasoline is a completely different entity than anything in the United States and it's price is dictated by Opec and the American Oil Companies and do not reflect the strength of the American dollar but more the maximum profit potential weighted against reserves of product. That's why Oil rich countries get away with so much shit is because they dictate the price for the world economy.

And going to my local store... well chicken sandwiches, two tacos, jr.  and bacon cheeseburgers are still $1 at Jack in the Box and at the store Soda Pop is still $1 and Bread is still 1.29

I completely agree that the American economy is fucked but inflation hasn't hit yet and probably won't hit until the next administration completely panics and the world economy realizes that the dollar has been completely over-stretched. However, that's still a few years away. Also realistically inflation is a natural and I won't say healthy but I'll say normal part of economics, the only time it should be feared is when it's out of control or when the standard of living cannot keep up with it.



that's bullshit because gasoline fuel is cheaper on the east coast, but the price of a burger is the same ?

OPEC doesn't regulate that scene.:rolleyes:

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Re: US Economy [Re: moon_glue]
    #7176705 -

moon_glue said:
the strength of the american dollar is measured in comparison to the other major currencies

it is dropping, and broke its 30 year support line. if this continues foreign countries sell it over time to replace their reserves with a more stable currency. our currency is back by nothing except foreign investment in our debt.

i made no mention of oil.



Sorry I was trying to address different things within the thread. And indeed I agree with you on this issue, I'm just saying that this won't be felt in America for a few more years. Honestly though if it gets rampantly out of control it could be a blessing in disguise by discouraging American companies outsourcing of jobs due to the weakness of our currency and also promoting education within our society and perhaps a political reform because the ignorant lazy masses are comfortable right now and they're comfortable because they can buy what they want, however when that ability disappears, people are going to get pissed and like Zack De La Rocha said "Anger is a gift" But judging from the last seven years, when the recession and inflation hits the government is probably going to blame it on drug addicts and terrorists and there'll be a even darker age in the American Experience... who knows, but buy the ticket and ride the ride.


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Hi  :scrambled:

My god... it's full of stars...

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Re: US Economy [Re: StrandedVoyager]
    #7176729 -

i agree with what your saying as well. any suggestions on other ways to save ur wealth besides a pirate stash of precious metals? i can't afford a house or anything like that, so i put my money in smaller things a 100 or 200 dollars at a time here and there.

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Re: US Economy [Re: moon_glue]
    #7176923 -

yes inflation sucks.  there's nothing you can do about it unless you press some type of restart button then we can fill our cars up for $.25 a gallon and get a coke for $.10.

Sams club and Walmart still have quarter soda machines..... :undecided:


--------------------
The best way to live
is to be like water
For water benefits all things
and goes against none of them
It provides for all people
and even cleanses those places
a man is loath to go
In this way it is just like Tao        ~Daodejing

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Re: US Economy [Re: moon_glue]
    #13267493 -

moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



Just wanted to bump this so Moon-Glue can say I told you so.

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Re: US Economy [Re: moon_glue]
    #13267564 -

yeah...it's like they say - 50's the new 20  :shrug:


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:craven:  Ravings of a Madman  :craven:

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Re: US Economy [Re: CycleThoughts]
    #13269589 -

CycleThoughts said:
moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



Just wanted to bump this so Moon-Glue can say I told you so.



Eh not really. Prices haven't budged much. I can still buy pretty much the same amount of groceries I could buy for $5 as I did when this thread was created 3 years ago.

Unless you were being sarcastic.

And good luck getting him to see it. He hasn't logged on in almost 2 months.


--------------------
Same thing happened to me when I played Neil Armstrong in Moonshot. They found me in an alley in Burbank trying to re-enter the earth's atmosphere in an old refrigerator box.

Edited by WakeboardrB (09/30/10 11:42 AM)

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Re: US Economy [Re: StrandedVoyager]
    #13269613 -

StrandedVoyager said:
Gasoline is a completely different entity than anything in the United States and it's price is dictated by Opec and the American Oil Companies and do not reflect the strength of the American dollar but more the maximum profit potential weighted against reserves of product. That's why Oil rich countries get away with so much shit is because they dictate the price for the world economy.

And going to my local store... well chicken sandwiches, two tacos, jr.  and bacon cheeseburgers are still $1 at Jack in the Box and at the store Soda Pop is still $1 and Bread is still 1.29

I completely agree that the American economy is fucked but inflation hasn't hit yet and probably won't hit until the next administration completely panics and the world economy realizes that the dollar has been completely over-stretched. However, that's still a few years away. Also realistically inflation is a natural and I won't say healthy but I'll say normal part of economics, the only time it should be feared is when it's out of control or when the standard of living cannot keep up with it.



Fast food isn't real food. If you think you can survive off that get ready to die of congestive heart failure. For the reast of us that eat real food (and BTW th .99 bread is essentially a lie -carbs with empy calories and no nutrients) it's getting more expensive. In order to get healthy whole wheat bread you're paying 2$ a loaf.

Pop isn't food either. stuff like Milk, and Orange Juice are going up. All the fresh fruits and veg seem to be going up.


--------------------

wat man rly

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Re: US Economy [Re: WakeboardrB]
    #13269622 -

WakeboardrB said:
CycleThoughts said:
moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



Just wanted to bump this so Moon-Glue can say I told you so.



Eh not really. Prices haven't budged much. I can still buy pretty much the same amount of groceries I could buy for $5 as I did when this thread was created 3 years ago.

Unless you were being sarcastic.

And good luck getting him to see it. He hasn't logged on in almost 2 months.



Yes, but the quality of those groceries has declined noticably. You gotta spend a few more dollars if you want the "primo shit" that used to be standard.


--------------------

wat man rly

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Re: US Economy [Re: moon_glue]
    #13269776 -

moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



I can eat all day off of 5 bucks worth of food.  :shrug:

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Re: US Economy [Re: DieCommie]
    #13269812 -

i've noticed the price increase in a lot of drinks over the past few years. things like gatorade used to be a dollar for the big bottle at a gas station. now it's usually $2, but i just saw them for 2.25 at BP the other day. decided not to buy it and just walked out...

you can still get by with $5 but on the whole prices are definitely increasing.

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Re: US Economy [Re: DieCommie]
    #13269828 -

DieCommie said:
I can eat all day off of 5 bucks worth of food  :shrug:



you must eat like a fly, cause I can't even prepare my own food for five bux a day  :what:


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:craven:  Ravings of a Madman  :craven:

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Re: US Economy [Re: Muppet]
    #13269831 -

but then again - I also eat like a whale  :hehehe:


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:craven:  Ravings of a Madman  :craven:

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Re: US Economy [Re: Muppet]
    #13269901 -

Muppet said:
DieCommie said:
I can eat all day off of 5 bucks worth of food  :shrug:



you must eat like a fly, cause I can't even prepare my own food for five bux a day  :what:




I can prepare a meal for 5 people on about $5

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Re: US Economy [Re: Prisoner#1]
    #13269936 -

No kidding... stop buying pre-prepared shit. Buy the raw ingredients alone and go from there - you'll save a fortune.


--------------------
¿Check out some art m8?


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Re: US Economy [Re: moon_glue]
    #13269947 -

moon_glue said:
is going under. 5 bucks doesnt buy you jackshit anymore.

next year 10 bucks wont.



no kidding, it's like $7 just to go to bk now. and to go to subway and get a footlong and soup it's like $11.50 now, ridiculous. inflation before minimum wage rises high enough to meet it.


next year we get considered to see if minimum wage goes up to $9 an hour right? hopefully it at least goes up to $8.50


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:kingcrankey: I did not say to edit my signature soulidarity! Now forever I will never remember what I said about understanding the secrets of the universe by paying attention to subtleties!

:facepalm: I'm never giving you the password again. Jerk

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Re: US Economy [Re: imachavel]
    #13269988 -

Then your BK and subway will be even more expensive.

But easy solution: prepare your own food.


--------------------
¿Check out some art m8?


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Re: US Economy [Re: Muppet]
    #13270418 -

Muppet said:
DieCommie said:
I can eat all day off of 5 bucks worth of food  :shrug:



you must eat like a fly, cause I can't even prepare my own food for five bux a day  :what:



Nope, I eat a healthy amount.  (which is probably less than nearly every other american out there)

And, of course, I do spend more than $5 a day because Im a rich american.  Ill get some pizza, drink beer, go to a restaurant - all that stuff.  But when I cook at home and tally up the costs of meals, they are very low.  If I had any kind of real economic hardship, I could eat healthily for $5 a day.

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Re: US Economy [Re: DieCommie]
    #13271451 -

see...I usually, like, 20-30 / day ... easily



at least half of each of my checks go straight to my gut  :cheers:


--------------------


:craven:  Ravings of a Madman  :craven:

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Re: US Economy [Re: DieCommie]
    #13271543 -

what would you eat for $5 a day? brown rice and a few vegetables?

i could see stretching it like that, but even basic stuff like chicken is like $3 a pound for cheap cuts, peppers are like 1$ each, etc. idk how you could make a decent meal, let alone 3 meals, for that much..

i spend at least $10 per day just cooking for myself, and i don't buy anything brand-name.

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Re: US Economy [Re: Prisoner#1]
    #13271674 -

Prisoner#1 said:
Muppet said:
DieCommie said:
I can eat all day off of 5 bucks worth of food  :shrug:



you must eat like a fly, cause I can't even prepare my own food for five bux a day  :what:




I can prepare a meal for 5 people on about $5



Example(s)?

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Re: US Economy [Re: CycleThoughts]
    #13271737 -

oatmeal, 2 scrambled eggs, bacon, orange juice

1/4 lbs turkey, piece of cheese, 2 piece bread, lettuce, tomato, bacon, water

1/4 lb chicken, rice, veggies, milk or water.

should be less than 5$ a day if you shop smart.


--------------------
There's a thin line between sanity and insanity... and I just snorted it.

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Re: US Economy [Re: John]
    #13271779 -

John said:
oatmeal, 2 scrambled eggs, bacon, orange juice

1/4 lbs turkey, piece of cheese, 2 piece bread, lettuce, tomato, bacon, water

1/4 lb chicken, rice, veggies, milk or water.

should be less than 5$ a day if you shop smart.



Is that even 2000 calories?

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Re: US Economy [Re: John]
    #13271799 -

the banking industry is the opec of housing, our real estate market still hasn't fallen to anything remotely what it's worth. They'll have to tear down houses until prices are close enough to justify, or inflation will do it for us. I agree though, inflation is gonna get us from the south. All the immigrants have to be loaded by now after getting 10x their money sending it home and investing all these years. Who wants to buy Detroit?

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Re: US Economy [Re: CycleThoughts]
    #13272175 -

CycleThoughts said:
Is that even 2000 calories?



that's barely an appetizer the way *I* eat  :lol:


--------------------


:craven:  Ravings of a Madman  :craven:

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Re: US Economy [Re: Muppet]
    #13273208 -

Muppet said:
DieCommie said:
I can eat all day off of 5 bucks worth of food  :shrug:



you must eat like a fly, cause I can't even prepare my own food for five bux a day  :what:



or an ape. I was easily within the $5/day range only eating fresh fruit and greens. Now that I'm back to eating grains and animal products again that range has nearly tripled i would say.


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Re: US Economy [Re: AlteredAgain]
    #13273225 -

the US will be forclosed on and parted out to the highest bidder.


--------------------

"There is never a wrong note, bend it."
Jimi Hendrix


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Re: US Economy [Re: sui]
    #13273237 -

I'm thinking we'll see a double dip before the end of 2011.


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http://yourlogicalfallacyis.com/

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Re: US Economy [Re: sui]
    #13273240 -

What's with the negative attitude here?

We've lived through a recession/depression and it's gonna take a while to recover but not that long. Just a matter of years here. The worst part is over, that's what everybody's saying.

Don't worry, this is the best country in the world and by far. I don't see that changing anytime soon at all.

So cowboy up a little, whining doesn't become us.

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Re: US Economy [Re: Shins]
    #13273242 -

And likely another round or few of "stimulus" (sedative).


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http://yourlogicalfallacyis.com/

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Re: US Economy [Re: Stream]
    #13273247 -

Stream said:
What's with the negative attitude here?

We've lived through a recession/depression and it's gonna take a while to recover but not that long. Just a matter of years here. The worst part is over, that's what everybody's saying.

Don't worry, this is the best country in the world and by far. I don't see that changing anytime soon at all.

So cowboy up a little, whining doesn't become us.




You obviously don't understand the details.  Just because "everyone" is saying it doesn't make it true.  They are likely just parroting media propaganda outlets and populists like you.

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Re: US Economy [Re: Shins]
    #13273280 -

I'd rather stay positive than run around screaming sky's falling.

Also, speaking from experience. The job market isn't anywhere near as bad as it was two years ago. Recovery just takes longer than some people claimed it would. That's how I see it.

A few lessons were learned from this depression. The system will adapt. It always has.

As for the propaganda comment. I am nobody's parrot. I speak for myself and speak only what I believe to be true. I have no hidden agendas or shit like that. I don't care one way or the other.

There are many who would like to see capitalism fail like communism did. And fail it will probably, there can never be a static answer to an evolving problem (humans evolve). We're just not there yet though. And honestly, we wouldn't know what to do if capitalism would fail in a couple of years.

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Re: US Economy [Re: Stream]
    #13273354 -

The USA is not Capitalist any more for one...

what if the sky really was was falling?  or if someone was swinging a baseball bat at your head are you going to say "the bat's not real" just to stay positive?

The bat's still going to hit you in the face.

The problem is that the fed/government refuses to let the economy adapt.  They think they can paper over the problem and go on like before, in reality it makes things worse.

"The system" is newer than you think.  the fed is less than 100 years old,  and the USA has only been on pure fiat for about 40 years.

Not only were things different economically during the great depression,  but the fed is in fact repeating the interventionist policies of Hoover and Roosevelt that made things worse back then.

No fiat currency system has ever lasted.  they all have life spans and this one is nearing it's end.


just take a look at the ever growing deficits and stimulus amounts.  When they says "it's not a problem" they're pulling your leg.

I'd rather stay real.


--------------------
http://yourlogicalfallacyis.com/

Edited by Shins (10/01/10 01:12 AM)

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