The New “What did you do with your Z today” (with off topic replies) XXXX

Originally Posted by vtec to vvel

https://www.cnn.com/2023/02/24/econo...ary/index.html

"Inflation surprisingly rose in January [2023]". No sh!t. Feds think just by raising rates, this will solve inflation. While raising rates is only part of the solution (and will only help up to a certain point with current conditions), the other part of the issue is the supply chain issue. The Feds are looking at the playbook from previous periods of inflation, and the issue with this is there hasn't been anything prior to what is going on right now in the world with the backend of a pandemic and the war in Ukraine. Global supply chain and shortages are still a problem, particularly semiconductor chips, and most production/manufacturing companies use borrowed money to fund a large portion of their operations. So if rates go up and borrowing costs go up, these companies will produce less in an already short-supply environment, which would drive up inflation based on simple supply/demand economics. Not sure why this is such a hard concept for the Feds to grasp.

For those that are thinking car prices will come down, don't expect this to happen any time soon. The issue with semiconductors is production requires neon gas, and guess who supplies half of the world's supply of this? Ukraine, and I doubt they are currently focusing on producing this with the war going on.

Originally Posted by vtec to vvel

Real Estate/Mortgage Industry not looking so good for the immediate future. While there is no impeding housing bubble (at least not in the sense of the late 2000s), there's simply not enough homes for the amount of buyers even with increased rates.

My first real job right out of college was in law enforcement with the local sheriff's office, and recently thought about going back, though I'm sure LEO's deal with alot more BS now compared to back in 2007.

Day 31 in the new job hunt.

Originally Posted by vtec to vvel

https://www.cnn.com/2023/02/25/us/fl...rnd/index.html

Umm....really? I can somewhat see the intention behind this, but not allowing my dog to stick his head out the car window even after being secured with a pet seat belt? Absolutely asinine. We have local inflation, housing crisis, and many many other issues, but yeah sure, let's put this one to the top of the list.

Originally Posted by vtec to vvel

I was referring to the one at Vero Beach, you know, the one where FL 4Motion and I are going to plaster your car with BMW logos

Originally Posted by FL 4Motion

There are real economic/security reasons why it’s imperative we support Ukraine in this war, besides the neon gas, along with us and Russia, Ukraine is the breadbasket of the world.

If USSR takes Ukraine, then they increase their economic clout vis a vis us in the world and we become more dependent on them (neon gas supply for example).

The main reason that is bad actually has less to do with importing more from another country or other basic economic reasons. It’s bc the US dollar is the worlds reserve currency and that allows us to run debt without consequences and impose economic sanctions anywhere effectively. China and Russia, Iran, North Korea HATE this and are trying to usurp our preeminent standing in the world order. This is why Ukraine matters. We must win bc our economic survival and American standard of living depends on it. (And if we can bleed our enemy slowly and break hem over time ((like what happened to us over the last 20 years in Iraq/Afghanistan)), so much the better.

Originally Posted by FL 4Motion

First responder, LEO, military are callings more than careers imo, if you’re gonna do law enforcement, you really need to WANT to to it above all else otherwise it’ll beat you down. My

Originally Posted by FL 4Motion

Originally Posted by FL 4Motion

As a moderate libertarian, **** like this drives me crazy. We have to many laws as is. I love Florida but this last legislative session, over 300 new laws and regulations were enacted. I know ignorance of the law isn’t an excuse, but when there’s literally 100s of laws about everything, it kinda is.

This isn’t small limited common sense local, state, or federal law. It’s over regulation that at this rate if it keeps up is going to go from annoying to tyranny.

Originally Posted by eastwest2300

Originally Posted by vtec to vvel

Bruh, it's happening

Originally Posted by vtec to vvel

Ukraine does supply the world with other items in addition to Neon, and was just using this particular item as an example with the Feds raising rates and thinking this will solve inflation. I just don't understand how we have clowns running the US and global economy, both past and present. Remember Bernanke? The dude stated in 01.2008, "The Federal Reserve is not currently forecasting a recession" AFTER the Great Recession started. Powell already admitted in 2022 that he does not understand inflation.



But at the end of the day, we're all human. You can only take so much sh!t before you throw in the towel and say "eff it". Times sure have changed from 2007 to now, and my mindset has completely changed. I kept in touch with most of my academy class, and for the ones that are still around, they all have said things have drastically changed and not for the better.

Originally Posted by vtec to vvel

I really hope this doesn't get signed into law. Government overreach IMO. For the drivers that keep their dog in their lap, not buckle them in, etc., I can totally understand. But if my dog is properly secured and he wants to stick his head out the window, I don't see why this is an issue.

On a side note, DeSantis signed the bill that dissolves Disney of any power over parts of Central FL. Disney should have just kept quiet and stayed out of politics, and once they said something, I could literally hear DeSantis say "Oh yeah? Hold my beer." :

https://www.cnn.com/2023/02/27/polit...eek/index.html

Originally Posted by FL 4Motion

You nailed it in your earlier post, this go around, inflation is being driven by a unique confluence of circumstances that make the feds tightening far less effective than in past inflationary periods.

At the end of the day, for all us “regular” folks the financial principles that we should always be living by just apply even more in an inflationary environment:

Live within your means (ie a little below)
Use credit wisely
If you can’t pay cash/can pay off something in a short amount of time/discipline— don’t buy it
Save/invest as aggressively as you can stand and start as soon as you can
Be grateful for your blessings and focus on the positive not the negative
Don’t buy a BMW

Yeah, Leo isn’t what it used to be, there is a need for improvement in community policing etc but cops still need to be able to beat the Fvck outta bad actors when necessary etc.

Originally Posted by eastwest2300

wtf?



I agreed with everything you said except your "dont buy a bmw"

Originally Posted by FL 4Motion

You nailed it in your earlier post, this go around, inflation is being driven by a unique confluence of circumstances that make the feds tightening far less effective than in past inflationary periods.

At the end of the day, for all us “regular” folks the financial principles that we should always be living by just apply even more in an inflationary environment:

Live within your means (ie a little below)
Use credit wisely
If you can’t pay cash/can pay off something in a short amount of time/discipline— don’t buy it
Save/invest as aggressively as you can stand and start as soon as you can
Be grateful for your blessings and focus on the positive not the negative
Don’t buy a BMW

Yeah, Leo isn’t what it used to be, there is a need for improvement in community policing etc but cops still need to be able to beat the Fvck outta bad actors when necessary etc.

Originally Posted by FL 4Motion

I was just messing with ya.

Plus just got you to indirectly acknowledge that you’ve got a bmw.

Originally Posted by eastwest2300

wtf?



I agreed with everything you said except your "dont buy a bmw"

Originally Posted by FL 4Motion

I was just messing with ya.

Plus just got you to indirectly acknowledge that you’ve got a bmw.