INFLATION IS OUR FRIEND

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USCTrojanCPA said:
Mass transit/public transportation sucks balls in SoCal and unfortunately most people need a car to get around SoCal because of suburban sprawl (which has increased with the work-from-home movement).  Unfortunately the kind of higher inflation that we are seeing is hurting those folks on the lower side of the social economic status a lot worse than everyone else even with the higher entry level wages being offered (businesses are passing on those higher labor costs to customers).
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If China can build mass transit and have that be the dominant form of transportation, America has no excuse as to why it can't be done. Suburban neighborhoods in SoCal are not bigger than China.

People always get fixated on the cost of mass transit, but never understand the benefits of it. If you had mass transit, people on the lower side of the social economic status will benefit the most. They wouldn't need to pay for a car (car payments, insurance, gas, maintenance), they would have access to higher paying jobs in the city without needing to be stuck in traffic, living away from city but getting city pay means housing affordability isn't an issue, traffic would be less of a problem, more jobs to the economy, etc. Benefits far outweigh the cons, but of course, politics and lobbying by the car manufacturers get in the way of making any progress in mass transit.

Oh and not to mention that having mass transit would actually help with the obesity problem. Because it will force you to walk to the station and to your destination. Instead of sitting all day long.
 
sleepy5136 said:
I think it's funny that we complain about $5/gallon for gas. Have you guys ever went to Europe? They are probably close to $10/gallon now. When I was in Iceland and Norway, it was $7-$8/gallon.

Honestly, I don't care if gas gets more expensive. Driving should be a luxury like it is in Singapore. A Toyota Corolla costs 100k USD and the driving permit is around 30k USD. Not factoring in that you need to change cars every 10 years and renew your permit then as well. We will then be forced to build mass transit and follow other first world countries (China/HK/Japan/Taiwan/Europe). If you need a car? Rent one. I honestly hate owning a car and would rather take public transportation if that option was efficient as other first world counterparts. A depreciating asset is a waste of money and time in traffic is a waste of time.
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We talked about on talk irvine in a different thread previously regarding the lack of public transportation in OC.
 
sleepy5136 said:
USCTrojanCPA said:
Mass transit/public transportation sucks balls in SoCal and unfortunately most people need a car to get around SoCal because of suburban sprawl (which has increased with the work-from-home movement).  Unfortunately the kind of higher inflation that we are seeing is hurting those folks on the lower side of the social economic status a lot worse than everyone else even with the higher entry level wages being offered (businesses are passing on those higher labor costs to customers).
Click to expand...
If China can build mass transit and have that be the dominant form of transportation, America has no excuse as to why it can't be done. Suburban neighborhoods in SoCal are not bigger than China.

People always get fixated on the cost of mass transit, but never understand the benefits of it. If you had mass transit, people on the lower side of the social economic status will benefit the most. They wouldn't need to pay for a car (car payments, insurance, gas, maintenance), they would have access to higher paying jobs in the city without needing to be stuck in traffic, living away from city but getting city pay means housing affordability isn't an issue, traffic would be less of a problem, more jobs to the economy, etc. Benefits far outweigh the cons, but of course, politics and lobbying by the car manufacturers get in the way of making any progress in mass transit.

Oh and not to mention that having mass transit would actually help with the obesity problem. Because it will force you to walk to the station and to your destination. Instead of sitting all day long.
Click to expand...

Of course mass transit CAN be built out but it won't because there is so much wasted gov't spending.  Why did they even spend any time and money on a high speed train from SoCal to NorCal and SoCal to Vegas? Those funds could have been better spent on local mass transit.
 
USCTrojanCPA said:
sleepy5136 said:
USCTrojanCPA said:
Mass transit/public transportation sucks balls in SoCal and unfortunately most people need a car to get around SoCal because of suburban sprawl (which has increased with the work-from-home movement).  Unfortunately the kind of higher inflation that we are seeing is hurting those folks on the lower side of the social economic status a lot worse than everyone else even with the higher entry level wages being offered (businesses are passing on those higher labor costs to customers).
Click to expand...
If China can build mass transit and have that be the dominant form of transportation, America has no excuse as to why it can't be done. Suburban neighborhoods in SoCal are not bigger than China.

People always get fixated on the cost of mass transit, but never understand the benefits of it. If you had mass transit, people on the lower side of the social economic status will benefit the most. They wouldn't need to pay for a car (car payments, insurance, gas, maintenance), they would have access to higher paying jobs in the city without needing to be stuck in traffic, living away from city but getting city pay means housing affordability isn't an issue, traffic would be less of a problem, more jobs to the economy, etc. Benefits far outweigh the cons, but of course, politics and lobbying by the car manufacturers get in the way of making any progress in mass transit.

Oh and not to mention that having mass transit would actually help with the obesity problem. Because it will force you to walk to the station and to your destination. Instead of sitting all day long.
Click to expand...

Of course mass transit CAN be built out but it won't because there is so much wasted gov't spending.  Why did they even spend any time and money on a high speed train from SoCal to NorCal and SoCal to Vegas? Those funds could have been better spent on local mass transit.
Click to expand...
It's not wasted money, it's politics. Let's make sure we get that straight.
 
sleepy5136 said:
USCTrojanCPA said:
sleepy5136 said:
USCTrojanCPA said:
Mass transit/public transportation sucks balls in SoCal and unfortunately most people need a car to get around SoCal because of suburban sprawl (which has increased with the work-from-home movement).  Unfortunately the kind of higher inflation that we are seeing is hurting those folks on the lower side of the social economic status a lot worse than everyone else even with the higher entry level wages being offered (businesses are passing on those higher labor costs to customers).
Click to expand...
If China can build mass transit and have that be the dominant form of transportation, America has no excuse as to why it can't be done. Suburban neighborhoods in SoCal are not bigger than China.

People always get fixated on the cost of mass transit, but never understand the benefits of it. If you had mass transit, people on the lower side of the social economic status will benefit the most. They wouldn't need to pay for a car (car payments, insurance, gas, maintenance), they would have access to higher paying jobs in the city without needing to be stuck in traffic, living away from city but getting city pay means housing affordability isn't an issue, traffic would be less of a problem, more jobs to the economy, etc. Benefits far outweigh the cons, but of course, politics and lobbying by the car manufacturers get in the way of making any progress in mass transit.

Oh and not to mention that having mass transit would actually help with the obesity problem. Because it will force you to walk to the station and to your destination. Instead of sitting all day long.
Click to expand...

Of course mass transit CAN be built out but it won't because there is so much wasted gov't spending.  Why did they even spend any time and money on a high speed train from SoCal to NorCal and SoCal to Vegas? Those funds could have been better spent on local mass transit.
Click to expand...
It's not wasted money, it's politics. Let's make sure we get that straight.
Click to expand...

Same difference to me.  Regardless, improved mass transit in SoCal will remain a pipe dream so if you want to get around in SoCal you'll need a car.
 
another way to look at the current inflation is that prices of goods have been suppressed by JIT supply chain efficiency that (as we are seeing now) is not robust to shocks like COVID
 
fatduck said:
another way to look at the current inflation is that prices of goods have been suppressed by JIT supply chain efficiency that (as we are seeing now) is not robust to shocks like COVID
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Companies will have to now week more inventory in stock and better be able to forecast demand.  JIT inventory only works when things are going smoothly in the supply chain, any hiccup in the chain and it can cause major problems.
 
?The fact is the unemployment rate is about half what it was a year ago. So a year ago, people were in their homes. Ten percent of people were unemployed. Gas prices were low because nobody was driving. People weren?t buying goods because they didn?t have jobs. Now more people have jobs. More people are buying goods. That?s increasing the demand. That?s a good thing.?
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Yeah what an idiot. Let's go back to lockdown when the only expensive goods were toilet paper and hand sanitizer.
 
Everything she said in that quote was 100% wrong. Trying to twist disjunct thoughts into a narrative that fits. Nice piece of political jujitsu, But not economic facts. But some of the masses will believe it because you want it to be true.
 
Global energy crisis.

This guy suppose to be a financial advisor. Get out of here!
Maybe if there was no internet. People might believe you.
 
They can always limit the supply to stop loss and the Costco hotdog line will become a thing.

Also do you guys know you can now buy Domino pizzas and pay it back over 6 weeks? Good lord people cannot even afford Domino pizza without a loan.


aquabliss said:
CalBears96 said:
aquabliss said:
Just here to confirm Costco Hot Dog and Soda is still $1.50.  I bet they have weekly board meetings about this.  Of course Costco CEO has had his life threatened if he ever increased the price.
https://www.delish.com/food-news/a34111722/costco-hot-dog-combo-story/
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Nice, I love the Costco Hot Dog.  ;D
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Me too, but they still don?t have the onions out!  Freakin COVID.
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I am not sure when the last time you went online. You can finance things on amazon, ebay, neweeg, etc..

akula1488 said:
They can always limit the supply to stop loss and the Costco hotdog line will become a thing.

Also do you guys know you can now buy Domino pizzas and pay it back over 6 weeks? Good lord people cannot even afford Domino pizza without a loan.


aquabliss said:
CalBears96 said:
aquabliss said:
Just here to confirm Costco Hot Dog and Soda is still $1.50.  I bet they have weekly board meetings about this.  Of course Costco CEO has had his life threatened if he ever increased the price.
https://www.delish.com/food-news/a34111722/costco-hot-dog-combo-story/
Click to expand...

Nice, I love the Costco Hot Dog.  ;D
Click to expand...

Me too, but they still don?t have the onions out!  Freakin COVID.
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eyephone said:
Global energy crisis.

This guy suppose to be a financial advisor. Get out of here!
Maybe if there was no internet. People might believe you.
Click to expand...

Love it?already made a fortune this year on the inflation trade?remember, it?s my job to benefit from taking advantage of the weak and stupid?I love your predictability, couldn?t make money without sheeple like you?thanks and stay down with the struggle!!?🏽
 
morekaos said:
eyephone said:
Global energy crisis.

This guy suppose to be a financial advisor. Get out of here!
Maybe if there was no internet. People might believe you.
Click to expand...

Love it?already made a fortune this year on the inflation trade?remember, it?s my job to benefit from taking advantage of the weak and stupid?I love your predictability, couldn?t make money without sheeple like you?thanks and stay down with the struggle!!?🏽
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You hate California by your multiple posts, but you are you still here. Should we be worried that you might do something.
 
eyephone said:
Okay go back to The Phillipines! Since you founded the country
Im waiting for the next fake story.
Everything you say you lie bro or bend the truth.

You said your family is the family fathers and later on protested to get the US out of there.
This guy is a patriot?
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? and again with the unfounded accusations. You just don?t get it Eye. I already got mine, I?m at that stage in my life where it?s going to end just fine but others on this board are at a different stage of their life and they got a lot to worry about whether they know it or not.
 
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