Squidworth89

Squidworth89 t1_iuae7g4 wrote

Hannafords “fresh” shrimp is the same as the bagged frozen shrimp in the freezer nearby.

I used to go a lot before Covid. But it seems their prices are way up. Went in for a pre-packed pasta salad and the container was double what it used to be. Can get take out for that.

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Squidworth89 t1_isupnc2 wrote

Reply to comment by [deleted] in Stop The Corruption by sillychillly

The pandemic did start inflation. It showed how weak the worlds supply chain is.

Go back to building supplies… when the pandemic hit suppliers cut production goals figuring they’d have material backing up and people wouldn’t be spending. The reality was the reverse. Everyone was bored at home and getting caught up on projects.

Look at baby formula… there’s a relatively small number of places that make it. When a couple shut down for an extended period it causes a crises.

We see it regularly in gas. When refineries are down… it spikes.

That’s all supply inflation. Supply of goods isn’t keeping up with demand.

What crisis in Maine? Housing? That’s National. The fix is at the municipal level. Harass your local politicians. Maine does have a law coming up that allows universally by the sounds of it a second unit on all single family lots. But it needs more higher density rules changed.

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Squidworth89 t1_isumz7n wrote

Reply to comment by TarantinoFan23 in Stop The Corruption by sillychillly

Something that actually matters...

This one means nothing for you and I.

Address basic rights for women, or lagging wages, or the terribly broken medical system and maybe he'd deserve those votes.

But pandering on misunderstood and inflated word salad... he might as well be a MTG who does equally as much nothing in office.

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Squidworth89 t1_isuh6g2 wrote

Reply to comment by Laeek in Stop The Corruption by sillychillly

You guys cannot even keep your definitions straight.

The "Less than 1%" you're referring to is day trading. That has nothing to do with the conversation.

Just because someone buys stock in specific companies doesn't mean it's insider trading, or day trading, or whatever else ppl come up with.

They get a decent salary while in office for DC. Not something I would give up access to stocks for.

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Squidworth89 t1_isuf7sf wrote

Reply to comment by [deleted] in Stop The Corruption by sillychillly

There is monetary inflation which is caused by printing currency. Then there is supply inflation which is based on supply and demand.

When supply of goods doesn’t keep up with demand for goods; prices go up.

Conversely when there’s too much supply… prices go down.

Inflation predates Ukraine. I noticed it in building supplies in early 2020. Costs doubled or more on material.

In response to what situation?

They don’t want apartments… that’s the problem… we need more multi story buildings with multiple units in them instead of all these single family houses.

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Squidworth89 t1_isuemgz wrote

Reply to comment by mhb20002000 in Stop The Corruption by sillychillly

It’s easy to prove that ford employee knew the stock would tank.

It’s not so easy to prove a politician knows a stock is going to move.

Banning equities is idiotic. It’ll only disincentives people from running. The already wealthy people will still get around it.

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Squidworth89 t1_isu8r3a wrote

Reply to comment by GoggleField in Stop The Corruption by sillychillly

Yeah you can use index funds or mutual funds...

But imo those are trash. I do feel there will eventually be an index fund bubble (they buy indiscriminately, and eventually that'll artificially inflate certain things that will eventually have to pop). And mutual fund managers are really not that good at managing funds.

For starters they could simply enforce the reporting requirements... which they really don't.

Intention is debatable. It does nothing for the people. To me it's simply pandering for votes. There's far more important matters out there.

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Squidworth89 t1_isu7rtp wrote

Reply to comment by [deleted] in Stop The Corruption by sillychillly

He really isn't doing that bad... you're just falling for the authoritarian brainwashing they're doing to you.

The economy is still firing on all cylinders... Hence why we have supply inflation, demand is outstripping supply.

Inflation is global. And by global inflation standards... the US is doing far better than many.

Housing has nothing to do with the Feds. 75% of the land people live on is zoned single family. Municipalities need to stop limiting the ability to build housing units.

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Squidworth89 t1_isu6z1l wrote

Not so much for the lawmakers but for those looking to try to be one...

Do they have decent salaries? Yes. Are those salaries huge? Not by DC standards.

I personally would be hard pressed to ever run for office if I couldn't invest in equities. Social security is a joke. Bond yields are terrible. I've never been offered a pension. Have no choice but equities.

There should be reform but most pushing the narrative "it's insider trading rawr rawr rawr!" don't grasp the subject matter beyond the headline.

Plus... there's many far more important things we keep kicking the can on...

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Squidworth89 t1_isu58o3 wrote

Pensions are getting rarer and rarer.

Shouldn't be... but is the reality of it... they're only failing because the companies/government entities didn't properly fund them in past decades and unions got gutted.

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