Inflation Watch: Thanksgiving Dinner Edition

[Martinghoul]

Quote from Tsing Tao:
Yes, I understand why you used nominal. But in real terms, people have less income than they have in a long, long time. Which means more of it goes towards food.

Shadowstats or a declared Fed apologist...hmmm...that's a tough one. I'll have to think about it before I make my choice. I'm sure you understand.

I understand, amico...

 

[Lucrum]

Quote from Martinghoul:

...John Williams of the ShadowStats does it wrong. I can go into the gory details, if you like...

Do tell.

 

[Ricter]

Quote from Martinghoul:

I understand, amico...

The first part is false. Americans on average have never spent a smaller portion of their household income on food than now. We (not you specifically) have had this argument, and left off at acknowledging that the average hides the difference between rich and poor food spending, i.e. the effect of income inequality. Fair enough, but the poor get a food subsidy, and the rich don't eat more, they eat better.

 

[Martinghoul]

Quote from Lucrum:
Do tell.

It's OK... TT doesn't wanna listen to me on account of me being a Fed apologist and all. There's no point having these discussions with someone who is unwilling to listen to you, because they perceive a bias (real or imagined).

 

[Tsing Tao]

Quote from Martinghoul:

It's OK... TT doesn't wanna listen to me on account of me being a Fed apologist and all. There's no point having these discussions with someone who is unwilling to listen to you, because they perceive a bias (real or imagined).

Feel free to answer Lucrum if you like. For me, as you said, there's no point in listening to you try to put down Shadowstats, as we went through this once before on the topic of Santelli. On that thread, Maverick and I listened to pitifully lame excuses why Santelli "was not correct" in your eyes, as you called out how he traded in the past, and a whole host of other irrelevant random things to the conversation in an attempt to discredit the man. And yet neither Mav nor I could pin you down to answer what, exactly, Santelli was wrong about.

I have to make the assumption this would go down a similar road, and would be similarly worthless as you are not really trying to press truth as much as talking points, amico.

 

[Lucrum]

Quote from Martinghoul:

It's OK... TT doesn't wanna listen to me on account of me being a Fed apologist and all. There's no point having these discussions with someone who is unwilling to listen to you, because they perceive a bias (real or imagined).

...John Williams of the ShadowStats does it wrong. I can go into the gory details, if you like...

I would like to be enlightened as to how ShadowStats "does it wrong".

 

[Martinghoul]

Quote from Tsing Tao:
Feel free to answer Lucrum if you like. For me, as you said, there's no point in listening to you try to put down Shadowstats, as we went through this once before on the topic of Santelli. On that thread, Maverick and I listened to pitifully lame excuses why Santelli "was not correct" in your eyes, as you called out how he traded in the past, and a whole host of other irrelevant random things to the conversation in an attempt to discredit the man. And yet neither Mav nor I could pin you down to answer what, exactly, Santelli was wrong about.

I have to make the assumption this would go down a similar road, and would be similarly worthless as you are not really trying to press truth as much as talking points, amico.

If I recall our conversation about Santelli, it was never about what Rick got "wrong". It was about why I disagreed w/Santelli and why I didn't like him as a "talking head" on CNBC. At the end of that conversation, this was what you told me:

Quote from Tsing Tao:
I stand corrected. I get that you don't like Rick and I fully understand WHY you don't like him, even if I don't agree with it personally.

So I am rather unhappy and disappointed that you're now saying that "you couldn't pin me down".

 

[Martinghoul]

Quote from Lucrum:

I would like to be enlightened as to how ShadowStats "does it wrong".

Sure, pls bear w/me and I'll offer you my view on this in a little bit.

 

[Scataphagos]

Quote from Lucrum:


I would like to be enlightened as to how ShadowStats "does it wrong".

The Administration's/BLS "official" unemployment rate keeps falling... but the percentage of "Americans holding a job" keeps falling also. Disconnect there?? Somebody "doing it wrong"?

 

[Ricter]

Quote from Scataphagos:

The Administration's/BLS "official" unemployment rate keeps falling... but the percentage of "Americans holding a job" keeps falling also. Disconnect there?? Somebody "doing it wrong"?

Not all who leave the workforce want or need a job.