I don't expect them to be honest at all. But if we're operating under the assumption that they can't be trusted to be honest with their data, it makes it even weirder to me that they would start with numbers that already showed such low friend-focused usage when trying to make their point.
From the article: Owned by Restaurant Brands International of which the Brazilian investment firm 3G owns ~25%, Canadian groups own ~25% and the two US groups mentioned own ~15% together. Local employment, Toronto HQ and regionally sourced supplies are keeping it more "Canadian."
There are a few different systems out there, I haven't seen one in person, but they seem like interesting ideas. I found some searching "Circulating Multi-car Elevator System"
Going right back to ZIRP will cede the Fed's credibility. Primary monetary creation needs to be done by the Treasury spending money for deliberate productive purposes, rather than given away as cheap undirected loans to banks so they can continue pumping up leveraged asset bubbles.
I know that the fed (Powell?) has been suggesting that 2% should be a long term average, but I took that largely to forgive their performance thus far. If they want credibility in the market long-term, they'll have to demonstrate they can return below 2% before lowering rates.
The way inflation is measured has radically changed over time. You can't realistically compare current numbers to those in the 70s. The same redefinition issue affects unemployment data. The only people I know trying to do apples-to-apples comparisons are the guys running https://www.shadowstats.com
Can you state your hypothesis more explicitly? Because a trivial reading of the numbers show the inflation rate coming down (a lot) while the deficit has gone up.
If you graph economic progress on top of all this isn't it just saying that governments spend more when economic shocks happen?
Other countries are pretty instructive as well. For instance Germany had inflation during a period when they had a budget surplus (for over a decade prior to 2019).
You keep saying deficit. Do you mean the trade deficit or the governmental deficit?
[edit later after parent edit]
Ok I think you are saying governmental spending deficit. And your link doesn’t go nearly so far as to say that you must account for every governments spending in the EU to account for this.
Do you have any other links? This is a much more expansive view on the relationship between deficits and inflation than I’ve read before.
> isn't it just saying that governments spend more when economic shocks happen?
And that the revenue may be lower. Look at 2008 and 2009. Major increases in unemployment which also resulted in reduced revenue. Which created a double whammy, spending increased because the social safety net did what it was supposed to do (carry people through tougher times) and revenue dropped because there were fewer people paying taxes and many people reduced spending (beyond just those who lost their jobs). Then the deficit drops while the employment rate increases and revenues increases while spending again decreases commensurately.
By what measure? Not to mention that reducing inflation isn't going to roll back the massive price increases that have hurt consumers on staple items.
This is what happens when you have monopolies and oligopolies doing what they please (after getting massive handouts in the form of tax cuts from Trump... surely with more on the way).
The interest-rate hikes have failed; and yet here we are, waving our hands as if helpless.
Inflation rate of what? Inflation can be measured against different "market baskets." Consider this huge defect in the commonly-cited one:
"Core inflation is the change in the costs of goods and services but does not include those from the food and energy sectors. Food and energy prices are exempt from this calculation because their prices can be too volatile or fluctuate wildly." - https://www.investopedia.com/terms/c/coreinflation.asp
And yet the cost of food is probably the most often-cited one in any news story about inflation... unless the winner is the other statistically-omitted one, fuel.
Food and energy are heavily dependent on commodity prices, which can swing widely: one month the Fed would be cutting by 3% and the very next month raising by 4% if they followed non-Core CPI (versus PCE).
The Bank of Canada, who sets rates in Canada based on StatCan data, looks are three different CPI measures:
Interesting, for sure. I guess we need some way to include these volatile elements in a sane manner, which allows for sustained increases (or decreases) to register while smoothing the wide swings.
Yeah, I have an older LG and it has a disappointingly simple 4k fireworks visualization when it "sleeps" that always makes me wish I could create a custom replacement.
One of the channels that I follow is "What is Going on With Shipping" (its mostly about ocean going supply chain things and started with the Evergiven)... and today's video is: War of the Jersey Shore! | Did Iranian Navy Carriers Launch Drones Over the New Jersey? - https://youtu.be/hTpYN70tZ6Y
And since this is a "the Iranian mothership off the coast" - the info about where the drone carriers are is presented.
The video discretion links to other sites with info.
Something tells me that if there were so much as an Iranian dinghy sitting off the coast, the military would be extremely aware of its presence. Monitoring absolutely everything that it did.
Something tells me that if there were a bus-sized Chinese spy balloon floating all the way across the continental US, the military would be extremely aware of its presence.
(As I recall they were, but they would not publicly acknowledge it until the public sightings became undeniable.)
what/who ever that something is that is telling you that, i'd suggest a better source. it is part of the "game" that militaries the world over try to do things without their opponents knowing they were ever there. international boundaries are 12 miles of water, yet navy submarines get much much closer than that as a matter of course.
do you think the military or any 3 letter agency knows 100% where all foreign spies are within their borders?
What he claimed was "high" (high-level, I assume, rather than intoxicated) and "reputable" sources who needed to remain anonymous told him there was circumstantial evidence of this.
I don't see any motive for him to make this up, or for those sources to. Perhaps someone in some agency is jumping to conclusions on partial information.
Or perhaps this fits into the pattern of DoD officials, ex-officials, and whistleblowers spinning tales of UAP sightings and an official UAP retrieval program.
He's using this as an opportunity to paint the current federal administration, and state administration in NJ, as being incompetent, negligent and putting people in harms way.
Yes and where did he even get this from? Why do we have representatives literally making up stories and telling them to the American public? What is actually going on here?
It still doesn't make sense. He was elected to Congress in 2018, long after the end of the Cold War. I think GP is just mixing him up with someone else.
What? I really like Win 7 but it is for sure one of the best early examples of a "candy" ui. The close button looks like a jolly rancher and everything is glassy looking. If you are talking about "eye-candy" it also stretches far into that territory with title bar blurs, drop shadows and transparency effects across the OS.
