American Political News in relation to Poland

...and right they are!

Yeah, they dont want to tarnish Hollywood`s pristine reputation! LOL

Lets endorse Weinstein's or Polanski`s star on the walk of shame and they will lay roses for these perverts.

California weirdos always disgrace and embarrass the rest of America.

...following rule #1 in life: you have to be a weirdo to be noticed. Or find a cure for cancer, which is a lot harder. Cancer vs weirdo. Easy call.

I noticed you... ;)


...and because we love you, Dirk.


Food for thought:
Buyers of luxury goods usually don't care much about a price increase, WalMart shoppers on the other hand have no other option than to pay the higher price because there are no alternatives. All importers of cheap Chinese products are hit equally by the tariffs. The question is, how many of them are willing or able to take a hit to their bottom line. Once demand slows, the economy will start to tank.

The sky is falling! The sky is falling!
You have been threatening us with impending doom since Trump was elected. The only reason is because of his success and your California libtards cant handle losing!

The rest of the country had about enough of the crying snowflakes and were totally sick of the Democrats as well, or are you socialists now? Im sure that will work well for you in the next election. ROFTL

Congratulations, here's you diploma...

I appreciate it. Some get tattoos. Some inject fat into their butts. I post. And, just like you, I have no idea why.

LOL!

There is no such thing as cheap Chinese products. Just as there is no such thing as cheap illegal immigrant labor. Both are cheap only to the morons who ignore the other side of the ledger.

You're right. There's always a price to pay for "cheap". Doesn't change the fact though that importers of Chinese products as well as those who later buy that crap are hit by the tariffs. The first much less than the latter.

Thats awesome! lol

Is this diploma from San Francisco State University or University of California- Berkeley?

Do you nod every time Trump tells you to believe him? Just a simple example: usinflationcalculator.com/inflation/core-inflation-highest-in-decade-consumer-prices-rose-0-2-in-july/100016131/

Core inflation highest in a decade. Prices at the pump up 25.4% from July 2017. More tariffs coming. Don't be naive, Joker.

I don't mean to play an annoying know-it-all professor, but not every price increase is inflation. Higher demand does not equal more money in circulation. But I agree that the pain is the same. Especially, when my SS income is stuck solid.

Still lower then when obozo was in office when it was over $4.00 at one point.
Average annual gas prices climbed from a low of $1.03 in 1998 all the way to $3.53 in 2011 - an astronomical 243 percent rise in under 15 years.
By contrast, during this same time period, the Consumer Price Index gained only 38 percent.
Today we are paying around $3.00 with Trump in office so what is your point beside you hate Trump.
The tired old Dems negative drama that there will be no Social Security, Medicare will be taking cuts, gas prices will go up to $6 predictions are worn out.

Get some new material before you amp out.

Inflation (CPI in this case) is measured by tracking the retail prices of tens of thousands of goods. Core inflation numbers are usually based on the CPI, so when they go up we can safely assume that it's true inflation and not some other factor that drives up prices.


But, but, but ... Obama ...
.
titlemax.com/discovery-center/planes-trains-and-automobiles/average-gas-prices-through-history/
.
Who was in charge during the years of the sharpest increase in average gas prices, Trumpski?

Who was in charge during the highest gas prices, osoma ?

That maybe true but is not in conflict with the definition of inflation: Monetary Inflation is an increase in the money supply which generally results in price inflation.

So, one is the cause, the other one is the effect. CPI is a measure of price inflation caused by monetary inflation caused by more money in circulation.

Price inflation can be caused by (1) higher demand, or (2) reduced supply. Higher demand may be caused by fear, speculative fever, or by the extra money people borrowed in anticipation of yet higher prices. The last item is 'inflationary' but only for a while. Later, when the borrowed money is repaid, the amount of money in circulation is reduced and the prices drop back to 'normal'.

The permanent inflation is when the government prints money like in Venezuela or expands the money supply by selling the US T-bills to the Federal Reserve, a private bank illegally created by the US Congress in 1913.

But increased demand or reduced supply are symptoms of inflationary pressure - not the root cause. The root cause can be increased input costs - like tariffs, extra production costs, higher wages. So every tariff based price increase does cause inflation.

Well..give it time....his tariffs have not even started in earnest...at the latest when Trump want's to get re-elected we will see how the have-to-buy-cheap-buyer fared.

But I admit I watch the show down between Trump and Erdogan with a bag of popcorn very much amused from the side line.

Erdogan is such a *******

No. There is no way to increase CPI without increasing the money supply. If some items cost more because they, as imports, are subject to tariffs, the buyers of those items have less disposable income to buy other things. Those 'other things' will immediately see their prices reduced due to lower demand and the overall cost of living stays the same.

For example, it OPEC reduces the supply, the cost of gas goes up. When the cost of gas goes up, people drive less for pleasure or, if forced to drive to work, spend less eating out or going to Vegas. Right now, Vegas is shocked by hotel cancellations and the hotel prices are diving.

Only the general increase in money supply leads to the general price increases. The supply and demand law affecting individual markets and items is always operational and the prices may go up or down even if the supply of money is constant.

That is why blaming private business or the unions for inflation is so utterly stupid. They are not capable of controlling the supply of money. Only the Federal Reserve can and that is where the blame or credit belongs.

@johnny reb

Man the lowest I've ever seen gas was 99 cents a gallon. It was at a gas city in Indiana - the first road trip I took at like 16 17. It seemed so special I took a picture, and with a regular camera as camera phones were just starting to come out.

In 1967 there was a gas war.
Gas was selling at twenty cents a gallon.
Yup, 5 gallons for $1.00.
Thank goodness as I had a 1965 4-4-2 Olds that I couldn't keep my foot out of the carburetor .

[Moved from]: American News Thread

Hey, did anyone hear about the guy who stole an airplane in Seattle?

abcnews.go.com/US/stolen-plane-crashes-unauthorized-takeoff-seattle-airport-source/story?id=57141064

nytimes.com/2018/08/11/us/seattle-plane-crash-stolen.html

He was doing loops and barrel rolls before he crashed into an unpopulated area, what a way to go!

This is a real American Nutter!

Last I checked the Lira was .10 to the dollar

Trump isn't a guy to be taken lightly, he means what he says. It could all end soon for Erdogan, over a priest, go figure.

Why are they a NATO country in the first place?

Nothing to do with Poland or Polonia.

Meaningless. Turkey is moving into the Russian sphere and they couldn't care less about the USD. In fact, if Russia leads a group of countries away from the USD and into the Euro (particularly for energy payments), the US is in huge trouble.


I doubt Turkey is afraid of him. What might be far more frightening for Trump is the prospect of Turkey leaving NATO and allying with Russia. The US in particular relies heavily on Turkey for all sorts of things.

By the way, because of Trump's words, the złoty is now being dragged down and lending costs are increasing for Polish companies. Are you happy? Is that what you want?

A question I ask myself for years now. Especially as Turkey likes to threaten another NATO member. Because of Turkey Greece has to put to much money into their defenses they could really need better elsewhere...


Russia leads Turkey surely not into the EU and the Eurozone...nobody wants Erdoganistan anywhere near.


Usually you would be right...in the past you had been right...that's the card Erdogan could always play...but now there is Trump, and he doesn't play the game after the old rules...hence the popcorn! :)

Oh Turkey absolutely cares about the usd. Every country does as it's the international currency and what oil is bought and sold with. Even after Turkey moves closer to Iran Russia and China because of tariffs and sanctions they'll still be using the usd for years to come. The only basket currency that has ended up being successful was the Euro. All the other projects like the 'oil dinar' flopped. China has been announcing it will create a basket currency with the remnibi ruble and a few others for years but it has get to really make any significant moves.

If Turkey didn't care about the dollar it wouldn't of immediately enacted fiscal policies to stabilize the lira. Whether they raise rates remains to be seen.. or rather by how much.. a few years back Turkey jacked up rates something like 300%

On the surface erdogan is only pretending not to care by saying things like 'they have their dollar, we have our God' to rile up the nationalists and islamists.

In any case it could be a great time to buy liras now and if you put them in a Turkish bank with double digit rates even better. They've dipped something like 40% in a few days but now appear to have hit their floor and stabilized.

I wonder if Turkey will leave nato though... that remains to be seen and is a gamble for Turkey. I think erdogan will posture closer to Russia and Iran but remain in NATO. He's pulled this stuff before basically just going with whos the best for Turkey at the time.

They don't have to care about the US dollar and still be on the way to a financial hell. Other hard currencies are as stable and behave like the dollar so bitching about the dollar and talking s*** about the US and my favorite president is pointless.

I see you got your computer privileges back.
So now the fail of the E.U. is Trumps fault too. lol


These Socialist nutter's are still having meltdowns because Crooked Hillary lost.
They are a generation that everyone got a trophy and that there are no losers.