So much for inflation being "transitory"

[tower912]

It's dirty.  But it is only a secret if you are not paying attention.

[jesmu84]

Huh.

The CEO of Iron Mountain Inc. told Wall Street analysts at a September 20 investor event that the high levels of inflation of the past several years had helped the company increase its margins — and that for that reason he had long been "doing my inflation dance praying for inflation."
The comment is an unusually candid admission of a dirty secret in the business world: corporations use inflation as a pretext to hike prices. "Corporations are using those increasing costs – of materials, components and labor – as excuses to increase their prices even higher, resulting in bigger profits," Robert Reich, former Labor Secretary under Clinton, recently argued. Corporate profits are now at their highest level since 1950.

https://theintercept.com/2022/09/28/inflation-prices-investors-iron-mountain/?utm_medium=social&utm_campaign=theintercept&utm_source=twitter

Not new

https://twitter.com/matthewstoller/status/1476310104379166725?t=g4BTMG6M3KHumqQizn8_9w&s=19

Unfortunately, some believe inflation is due to stimulus checks.

[Hards Alumni]

  sounds kinda political to me, ey rock?  and racist-classic.  so imbecilic to bring either of these into conversation, but you got your peeps all mindlessly nodding in agreement-good job.  turn this around and you guys would be bleeding thru your eye balls.  the "q" thing is cute too and political

  people have lost over $4k over the last 22 mos. year over year.  their hourly wages/salaries are not keeping up with inflation.  for those of you in rio linda, that means losing money.  forces them to put things back on credit cards at interest rates out of this world. 

if you believe the 10 million jobs thingy, go do a real check.  even the fact checkers which lean heavily toward your team have trouble clarifying that whopper, but fox news is the real propagandist?  you are sadly mistaken.

btw, that silly laptop has/had serious national security implications not to mention some big time honesty implications from the "big guy", some really bad porn and how(NOT TO) wean oneself off drugs...but thank you for asking

Someone needs to take away your TV and laptop.  Your mental health decline is depressing to watching in real time.

[Hards Alumni]

A refinery fire near Dayton has cause the prices in the midwest to increase.  F Dayton.

YEP

[Lennys Tap]

The CEO of Iron Mountain Inc. told Wall Street analysts at a September 20 investor event that the high levels of inflation of the past several years

Inflation rates have been high for the "last several years"?

[Dickthedribbler]

"Jackie, are you here?? Where's Jackie??"

[tower912]

I imagine Ian is not going to help prices.

[Uncle Rico]

I imagine Ian is not going to help prices.

Should have shot it with a missile

[MuggsyB]

"Jackie, are you here?? Where's Jackie??"

I think he has dementia.

[MU82]

I think he has dementia.

The guy who wanted to nuke hurricanes? Yep.

[MuggsyB]

The guy who wanted to nuke hurricanes? Yep.

There's a difference between stupidity and dementia.  The guy has severe mental acuity problems MU82 and all the symptoms.  I'm sure you're aware of this and these issues don't go away with age.

[MU82]

There's a difference between stupidity and dementia.  The guy has severe mental acuity problems MU82 and all the symptoms.  I'm sure you're aware of this and these issues don't go away with age.

Well, neither of us has seen actual medical reports on either man. But sure, Biden doesn't appear to be all there. And the previous guy acted demented most of the time, which make for quite a combination on top of his narcissitic personality disorder and his dictator complex.

It all makes one fondly recall #44 -- and others younger than 106.

[MuggsyB]

Well, neither of us has seen actual medical reports on either man. But sure, Biden doesn't appear to be all there. And the previous guy acted demented most of the time, which make for quite a combination on top of his narcissitic personality disorder and his dictator complex.



It all makes one fondly recall #44 -- and others younger than 106.

Agreed.  We should have an age limit, Trump has always been a narcissistic asshat, and Biden isn't all there to put it mildly. 

[TSmith34, Inc.]

Agreed.  We should have an age limit, Trump has always been a narcissistic asshat, and Biden isn't all there to put it mildly.

Holy unnatural carnal knowledge, think about how much he has gotten done, and then just imagine how much would have gotten done if he "was all there", eh?

[4everwarriors]

I think he has dementia.

46 is certifiable, hey?

Where's Jackie? LOL, aina?

[MU82]

"Frederick Douglass is an example of somebody who's done an amazing job."

[Pakuni]

"The Continental Army suffered a bitter winter of Valley Forge, found glory across the waters of the Delaware, and seized victory from Cornwallis of Yorktown. Our army manned the air, it rammed the ramparts, it took over the airports, it did everything it had to do."

[Uncle Rico]

Quit electing boomers is the moral of the story

[Pakuni]

Quit electing boomers is the moral of the story

[Hards Alumni]

Quit electing boomers is the moral of the story

Technically, Joe is even older.  He's a member of the silent generation.

[Uncle Rico]

Technically, Joe is even older.  He's a member of the silent generation.

We need to round up all the boomers and silent generation and build a wall around them or send them to Canada and have their social security pay for it

[lawdog77]

Technically, Joe is even older.  He's a member of the silent generation.

I wish Trump would have been a member of the silent generation

[Hards Alumni]

I wish Trump would have been a member of the silent generation

Yeah that would have been awfully ironic... then again Nancy is a member of the silent generation.

Maybe we should consider a name change for them while they're still around?

[Uncle Rico]

Yeah that would have been awfully ironic... then again Nancy is a member of the silent generation.

Maybe we should consider a name change for them while they're still around?

Nancy usually had her mouth full

[Hards Alumni]

Nancy usually had her mouth full

That was Reagan, not Pelosi.