https://www.youtube.com/watch?v=SgjPl-YW6Hc

High prices is not about Biden, it is about greedy corporations.

This thread clearly comes under Politics and Religion forum, now defunct, and as such should now be locked in perpetuity, while freaky should return to his self-imposed dungeon (or basement), until he can learn to unshackle himself from his bad habit of hijacking General Discussion threads.

fortuneandserendipity said:

This thread clearly comes under Politics and Religion forum, now defunct, and as such should now be locked in perpetuity, while freaky should return to his self-imposed dungeon (or basement), until he can learn to unshackle himself from his bad habit of hijacking General Discussion threads.

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Is this one of your attempts at humour? People here can never tell.

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"If you're pro human rights, then you should also be very pro freedom from oppression. Anything less is double standards." Every time you post in every thread you are making a political comment.

2freaky said:

https://www.youtube.com/watch?v=SgjPl-YW6Hc

High prices is not about Biden, it is about greedy corporations.

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What you pay for things is clearly within the area of "Topics that don't fit into one of the other forums, such as current affairs, sports, etc.".

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Inflation is neither the about politics or greed. On a simplistic level it is about supply and demand. There are two key factors at play here:

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1 Supply chains are blocked by shutdowns, controls and increased demand for goods, especially online.

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2 Oil prices are high because the suppliers are limiting supply. This follows when oil prices crashed at the beginning of the pandemic because the suppliers did not limit supply - with the drop in demand, they had to sell as much as they could because they were running out places to put produced supplies.

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It is not greedy corporations or a leader of one single country - we are all suffering from the same thing - Increased difficulties in supply around the world, increased demand for goods because of less expenditure on entertainment, holidays and services with lockdowns etc, and a deliberate program to limit oil production so the suppliers don't get overloaded with reduced travel.

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Sure there will also be instances of price gouging and hoarding.

I thought Politics & Religion was closed?

TrivialPursuit said:

I thought Politics & Religion was closed?

It is, thank the lawd . But you can never tell if it'll make an insidious comeback on General Discussion.

IanRG said:

2freaky said:

https://www.youtube.com/watch?v=SgjPl-YW6Hc

High prices is not about Biden, it is about greedy corporations.

.

What you pay for things is clearly within the area of "Topics that don't fit into one of the other forums, such as current affairs, sports, etc.".

.

Inflation is neither the about politics or greed. On a simplistic level it is about supply and demand. There are two key factors at play here:

.

1 Supply chains are blocked by shutdowns, controls and increased demand for goods, especially online.

.

2 Oil prices are high because the suppliers are limiting supply. This follows when oil prices crashed at the beginning of the pandemic because the suppliers did not limit supply - with the drop in demand, they had to sell as much as they could because they were running out places to put produced supplies.

.

It is not greedy corporations or a leader of one single country - we are all suffering from the same thing - Increased difficulties in supply around the world, increased demand for goods because of less expenditure on entertainment, holidays and services with lockdowns etc, and a deliberate program to limit oil production so the suppliers don't get overloaded with reduced travel.

.

Sure there will also be instances of price gouging and hoarding.

But actually, there's been a tonne of financialization since the 70s, which has created many asset bubbles, and these only benefit the rich at the expense of the rest of society - as these people's wealth does not trickle down. Contrary to the absolute feasibility that trickle down is doable, assuming those people are taxed more progressively. It stands to reason that all these shares, and additional property ownerships are bringing about a lot of wealth, but making things harder for those not in ownership. Ever wondered, for instance, why your rent is so high? But worst of all, all the recent 'money printing' is what's causing the inflation. And inflation again doesn't really harm the 'wealth creators'. The billionaires get massively richer off economic crises. By contrast, the rest of us fare worse.

TrivialPursuit said:

I thought Politics & Religion was closed?

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Politics was regularly a part of discussions in GD, PM&M etc. Just as you discussed Neil Young's political protest in M:NP, people can discuss current affairs in the forum for current affairs.

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It just beholden on us to not turn it into the types of discussions that would have previously seen those threads moved to P&R.

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The price we have to pay to drive and the delays in receiving deliveries is not religion. If we keep it off just being attacks on politicians or political philosophies then it is no more politics than many of the other discussions in other forums or threads here.

fortuneandserendipity said:

IanRG said:

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What you pay for things is clearly within the area of "Topics that don't fit into one of the other forums, such as current affairs, sports, etc.".

.

Inflation is neither the about politics or greed. On a simplistic level it is about supply and demand. There are two key factors at play here:

.

1 Supply chains are blocked by shutdowns, controls and increased demand for goods, especially online.

.

2 Oil prices are high because the suppliers are limiting supply. This follows when oil prices crashed at the beginning of the pandemic because the suppliers did not limit supply - with the drop in demand, they had to sell as much as they could because they were running out places to put produced supplies.

.

It is not greedy corporations or a leader of one single country - we are all suffering from the same thing - Increased difficulties in supply around the world, increased demand for goods because of less expenditure on entertainment, holidays and services with lockdowns etc, and a deliberate program to limit oil production so the suppliers don't get overloaded with reduced travel.

.

Sure there will also be instances of price gouging and hoarding.

But actually, there's been a tonne of financialization since the 70s, which has created many asset bubbles, and these only benefit the rich at the expense of the rest of society - as these people's wealth does not trickle down. Contrary to the absolute feasibility that trickle down is doable, assuming those people are taxed more progressively. It stands to reason that all these shares, and additional property ownerships are bringing about a lot of wealth, but making things harder for those not in ownership. Ever wondered, for instance, why your rent is so high? But worst of all, all the recent 'money printing' is what's causing the inflation. And inflation again doesn't really harm the 'wealth creators'. The billionaires get massively richer off economic crises. By contrast, the rest of us fare worse.

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Are you talking about your political philosophy or the current cause of inflation in world today?

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Sure there will be people that are rich who will make more wealth as a result of the current crisis - but there are many who have lost more that you and I will ever make in our lifetimes. Obviously crises will always be more likely to affect thoase closer to the breadline.

The Politics and Religion forum no longer exists. reported thread.