Deisel: $5/gal now, $3.75 Jan 2021, variance $1.25/gal Beef: $6/lb now, $4.50 lb Jan 2021, variance $1.50/lb Semi gas tank: 150 gallons Semi range on 1 tank: 750 miles
Assumptions:
1) semi uses one full tank to get beef to market 2) Semi mpg =~ 5 miles 3) semi carries 15,000 lbs of beef (max is 20,000)
>Semi gas tank: 150 gallons Keep in mind that semis generally have two tanks, so it's closer to 240-300 gallons depending on the model.
Joshua Edwards
FUCK JOE BIDEN!
Jaxon Jackson
Cattle mainly eat corn and onions on the megacorp farms, which rely on fertilizer. Due to massive speculation, the price has gone up exponentially. Simple solution is to buy beef from small farms, where prices have remained relatively steady. Granted, I’ve always bought beef a half cow at a time
Jeremiah Jenkins
Markets are inefficient. They have an excuse to raise prices, so they will. Prices won't be kept down by demand or price sensitivity, but by how far all the sellers are willing to go with the price hike. When prices are rising like this the inefficiencies become magnified. Buyers have less information and less confidence in the fair market value. And the "feedback" they provide (by buying or not) is less reasonable.
Aiden Hall
Fuck joe biden !
Korean boomers also start to blame Ukrainian president. Feel so happy they lost their money lol
Adrian Richardson
That’s the way to go it seems… the freezer pays for itself immediately
Juan Stewart
You see these same difference when you compare these gas prices now to what gas cost back when oil was the same amount (adjusted for inflation). Huge discrepancy in how much extra gas costs vs oil
Luis Baker
SmartAnon over here… thx for that insight
Nathan Allen
Well you were fucked with kamala and biden anyway, this is just ...acceleration...
Justin Morris
Yeah, companies just wanted a valid excuse to raise prices without too much backlash against them directly.
Someone might ask: >but doesn't competition force them to keep their prices low
No, because we don't have true competition in our economy at the macro level, a small handful of businesses who all know each other and work with each other are ostensibly in "competition" with one another. They won't race to the bottom though, they will agree loosely to raise prices and not dip below certain thresholds. The market is not driven by supply and demand but rather a constant demand across the board, and what exactly companies believe people in certain areas are able to pay for something before they start rioting and going ape shit.
Where is the fuel shortage caused by not buying Russian oil? There is no shortage here. Prices rose for the first year Biden was in office because he made it more expensive to pump, transport, and refine oil and he fucked up the futures/speculation market via reversing Trump's regulatory restriction relief. It shot up a fucking dollar in the past month because companies decided they could blame it on a war happening on another continent between two countries who don't really affect the US oil supply.
Some others might propose: >well can't we force them to keep their prices reasonably via regulatory bodies and socialism?
No, because our political system is so open to subversion via money and lobbying that any regulatory body created eventually becomes the plaything of the large companies it's there to regulate. The FCC for example only exists for the Verizon/Comcast/Time-Warner lobbies to regulate their own competitive advantage against upstart telecom companies. The SEC exists for large brokerages and hedges to validate squashing out small investors and regulating competitive advantages that can only be used by billionaire funds.
It's all just a big game. We are the cows, the livestock and they're milking HARD right now.
Ryan Richardson
less Rational, I should say. When markets are making big moves because of large scale external factors that are in the public consciousness, people will be participating with the idea that "there is inflation" whether that should mean anything specific to or not. The irrationality increases and the bands loosen on how stupid prices can become.
Jordan Gonzalez
aren't there also fertilizer shortages? and other shortages?
Robert Gonzalez
In far simpler terms for the retards of this board, speculation is the cause of these price increases
Zachary Anderson
To translate for everyone who just read this: ((((speculation))))
Brandon Brooks
It's worth it for preserving democracy. Just drive around less.
Ryder Bailey
Ehh commodity trading has way more white people than standard stock market trading on an institutional level. It requires more work for the same payout
Owen Foster
Could you please upload this picture with each of your posts? The tiny flag might not get noticed by everybody, I feel like posters reading whatever you say must be helped to remember the lens under which it should all be viewed.
>No, because our political system is so open to subversion via money and lobbying that any regulatory body created eventually becomes the plaything of the large companies it's there to regulate. The FCC for example only exists for the Verizon/Comcast/Time-Warner lobbies to regulate their own competitive advantage against upstart telecom companies. The SEC exists for large brokerages and hedges to validate squashing out small investors and regulating competitive advantages that can only be used by billionaire funds. This specifically is called Regulatory Capture and it's a really big problem. People like to say Governments have the power or Corporations have the power. In truth they both wield it, and way too much. The relationship is reciprocal: the government becomes stronger legislatively (and almost never gives up newfound power) so it allows the corporations to become stronger. The corporations use the power they gained to make the government stronger so it can do them more favors. We just keep going up this ladder with power becoming more consolidated and more absolute. That is why guns are so important. They are meant to be THE ultimate check & balance. The 2nd amendment is not to guarantee our rights to go hunting or go to the range, but to guarantee our ability to bring down the power structure when it inevitably becomes tyrannical.
Bought a side of beef toward the end of last year with the wife's parents(split cost). Three weeks later we bought another side and split it. Local butcher, roughly $4.50/lb, three day dry aged beef. Most tender and flavorful steak I've ever had. Ground beef just absorbs any seasoning used in it. Bought one of those 8Cuft chest freezers from home depot for $300. I tell everyone to buy at least a side of beef, they think the $1250-1400 cost upfront is too expensive but will pay $20+ for the 5lb. Packages of beef at Acme kek
Jayden Butler
All of this has zero effect on me because I'm not a wageslave. You should all be quitting your jobs in droves because of how impossible it is to live now. You'll continue to lose sleep getting up at the crack of dawn to make shit wages in fiat currencies that have no buying power. You'll just keep paying taxes to criminal fucks in government that hate you. Your entire paycheque will go to artifically inflated rent prices and gasoline just to get to your shit job. Did you guys know in history there has been uprisings for a lot less? You'll continue to support your opressors though. Do you know why? Because wagies are the ultimate cucks. Neets all laugh at you and mock you for willingly slaving away. Have fun at work wagies!
Lincoln Hall
Fusk Boe Jiden
Daniel Rogers
Can't bud. Some of us have homes and families to maintain and provide for.
Joshua Hall
guys
Let me ask you just one thing
Is this time to start business or just live as wage worker ?
Yep and no politician gives two shits. They want you to focus on and blame Russia jar0a
Jaxon Murphy
Neither. Don't be a wagie. Worst case scenario take some free certification or training classes online for something easy (like low-code software platforms) and get an in with a company that will hire you for remote work and go from there.
Eli Foster
Lol true and bonus accidental captcha in text.
Henry Bennett
You really need to learn the distinction between "difference" and "variance".
Kevin Ramirez
An 80% increase isn't a mistake.
Joseph Cook
How did you fucking know that I'm thinking to get in bootcamp ?!?!?!! looool
Mate don't go away what do i have to do than ?
Lucas Allen
I hope you at least have a quality family and not some couch wife with a child from another man. Otherwise you're wasting what precious time you have on this earth being a wagecuck. If you do have a quality family then that post wasnt really directed at you. Its more for the vast majority of us who have nothing.
Michael Jackson
Unironically take $100 every paycheck and put it towards green energy companies and companies based in China. The writings on the wall, the US is going to slowly fall in status as the dominant power and China will rise. I don't know how Korean Laws and permits work with starting a company, but to start a company in the states will be a task reserved for people who have the income to spend outright for the product they want to sell. I was thinking of starting a mobile welding business, but with the price of trucks skyrocketing I will not take out a business loan to finance the equipment required. Maybe in the future, but for now I'm not.
