Waiting for the spec that says it akes 10 minutes to inflate, battery life last 10 mins and 10 more mins to deflate and pack up. All for going 5 miles per hour - maybe.

Might be better to just run for 30 mins and arrive faster to the destination, and not be saddled with a useless backpack.

I'll wait for ver 3.0 before I'm on board.

If that were true, why did you make up the sexist, disrespectful lie that she slept her way into office….repeatedly? You clearly cared that she is a woman despite your denial, and obviously care that she’s black even though you know better than to admit it.

I don’t expect an answer….I would say you should go pander your idiotic propaganda elsewhere, but it seems that since the day Putin’s troll farm was shut down you’re gone, and it’s going to be a while before they get back online, so I’ll instead say enjoy your time out, and enjoy real inflation of your rubles and true leadership failure that Trump praises.

Lol…Manafort caught trying to flee to Dubai yesterday, pulled off the plane with his invalid passport trying to escape to a country with no extradition….a trial run for Trump fleeing to mother Russia or Belarus?

Remember, Trump said Russia’s invasion was genius, near perfection, and indicated it’s what he would have done….with the same disastrous results.

This is you guy. This is you pick? (You’ll never live down your pigeon Russian/English, comrade).

Literally EVERY major developed economy has elevated inflation right now. Not just the US. It was not caused by Biden — and anyone who says otherwise is trying to manipulate you.

Literally EVERY major developed economy has elevated inflation right now. Not just the US. It was not caused by Biden — and anyone who says otherwise is trying to manipulate you.

Still no answer to posting an insanely edited misrepresentation video….no surprise. You’re an infant. A dishonest racist and sexist infant propagandist.

Yes Bob.
Because she’s a black woman, you can’t accept that she’s accomplished, that she earned her position. That is racist and sexist. I know your little brain has trouble figuring that out.

You are a blatant racist piece of shit. Evidence: your comment above and all previous racist comments
You are a blatant sexist piece of shit. Evidence: your comment above and previous sexist comments
You are an ignorant, moronic piece of shit. Evidence: all your previous comments
You are a pro Putin, anti American, anti democratic piece of shit. Evidence: many of your previous comments.
Plenty of hammer and sickles, Russian, and nazi flags at your far right rallies…for years now. Not found at Democratic rallies, you dumb shit.

https://www.independent.co.uk/news/world/americas/donald-trump-cpac-russian-flags-speech-republicans-support-president-latest-a7598276.html

Better red than blue is a Republican slogan, you lying piece of shit.
We should be friends with Putin and let him expand is a Trump position, not Biden dumbshit.


All those are insults to shit and complimentary to you….better than you deserve. You lying worthless waste of skin. Fuck you you liar.

All delusional nonsense bullshit Bob. How many Republicans went on international tv to tell those immigrants the border is wide open, starting new waves of immigrants? Not one Democrat did that.
Energy independence is a lie, we never stopped importing oil, you liar. We produce more oil today than under Trump.
Inflation is a Trump legacy, idiot. It will get worse. That’s the problem with just printing 1/3 of every dollar over 4 years, it makes every dollar worth 1/3 less. Trump did that, not Biden. When inflation hits over 33%, we can talk….until then keep your ignorant whining to yourself.

Trump spent far more money than any two terms of any administration and for that we had a recession, 750000 dead, Russia expanding, a useless wall that hasn’t stopped a single immigrant, inflation through the roof, negative GDP, skyrocketed unemployment, an insurrection, etc. Nothing good to show for it, no investments in America, just failed trade agreements, wasteful spending like drunken sailors, huge debt, loss of international standing, loss of allies, recession, and unprecedented death.

Anti immigration = anti American. Anti democracy = anti American. Pro Russia = anti American. Pro China = anti American. Vote fraud = anti American. Insanely high deficits = anti American. Doubling the debt = anti American. Tax breaks for the rich = anti American. Removal of social safety nets = anti American. Racism = anti American. Sexism = anti American. Fraud = anti American. Insurrection = anti American. White Nationalism = anti American. Suggesting the death penalty for people not even charged with a crime = anti American. These are all Trump policies, bob.

I paid less for gas last week than I paid in 2019, dumbass. $5 a gal for super.

I know you don’t remember, because it wasn’t yesterday, but Trump policies caused all your issues…including your panicked insanity. Trump was the worst president in history by far by almost every measure. Biden is an unqualified success by comparison, and you can’t stand it so you go off on insane sexist racist rants, like accusing the accomplished professional VP of sleeping her way to the top despite not having a clue with who or how that could work in public office.

Edit: Here’s your chance, exactly who do you claim she slept with to be elected VP? 1/2 of America? The entire DNC? Who? How does that work, exactly? (Don’t worry, no one expects you to be able to answer, we know you don’t have a clue, and that you can never back up your hysterical delusional racist claims).

Biden removed the national cancer. He’s a winner no matter what else happens.
Trump will always be the biggest loser, the worst president in history by far. He made W look reasonable and competent! Deal with it.

Edit: oops…I missed the part where shipping logistics are now Biden’s fault, even though the issue began in 2020 and is purely in the private sector. I guess you are upset Biden hasn’t nationalized the ports so he can take control? Same complaint about the oil industry. If it’s Biden’s issue, you must be suggesting he take charge, and the only way possible would be by the nationalization of private industry. Who’s the socialist? ROTFLMFAHS!!!

anti American,??? Think again.

Democrat party are the party of the Anti American.
I dont see the commie flag at RNC rallies. That your side.



What administration...
is letting tens of thousands of illegals across the boarder.
ended our energy independence
is doing ZERO to curb inflation, ( actually making it worse will more spending)
Doing too little to unload all those ships off our coasts.

Our government is spending money we don't have on shit we don't need.


These problems are from the current administration.
Their policies are anti American.

And your stupid ass voted for it.
You paying 20$ more for a tank of gas. That hurts millions of people.

I use a tank a week - but its a company car so I am blessed.
I do however feeling the pain at the stores.

With all of Biden administrations failures you think mid turns will be be a total ass kicking of Democrats?

Yes but to converge the two sides have to acknowledge the arguments of the other side, unfortunately I am probably not arguing well enough and Im perfectly willing to just give up.

Anyway you seem to be able to research complicated topics well, you can read up about the history and end of the gold standard and about deflation for your own sake in your own time :-)

Fighting against fiat money, reserve banks, inflation and national debt is like fighting against democracy or free speech.
Sometimes democracy gives you Trump, sometimes free speech gives you porn (or worse, Fox news), sometimes the economy gets out of hand, but mostly these things work better than their alternatives and prevent or minimize crashes, based on the experience of the last 200 years. Every time someone thought better, they made things worse.

Biden nominated a full board for the federal reserve for one, a vitally important group that makes decisions on how the government might fight inflation.

If Republicans are worried about inflation, then why have Republicans refused to even show up to vote on filling the federal reserve board so it could take some real action to fight inflation, and instead decided to hold up the nominations by not even showing up to vote against nominees and are soon going on vacation….again? Easy answer, you and they aren’t actually worried about inflation, they’re worried about Biden being popular and successful so are obstructing and feigning outrage as usual. It’s the entire party platform….”nope”. Stoping Democratic victories is far more important to your ilk than the nation, the economy, or the truth.

If the dollar has no actual value…you’re sunk from the start.

Improving gdp is the only way to add value today….much easier said than done, and possible to go backwards at light speed.

Are you calling the US a developing country? Deflation isn’t a concern for most. It’s pretty rare.

If you improve the economy artificially, the bill will come due someday inconvenient and likely cause depression, not just recession.

Restarting countries didn’t all borrow, some tried to take over the world and ignore all their debts. Just saying.

If you have gold backing your dollar, even if your dollar somehow collapsed you’ve still got all the gold. That’s just one reason it’s smart. If you don’t issue dollars for every ounce of gold in reserve, you can add dollars without the risk of inflation, then remove them when possible.

You keep saying it has no advantages, I’ve listed many.

Outrageous idiotic bullshit. Gold is a commodity universally valued. Bitcoin is worse than nothing, it costs money just by existing and has absolutely no value besides what idiots will pay, that’s like basing your economy on beanie babies and saying it’s the same as physical gold. WTF man?

If youre a normal country you are always living on credit, if for no other reason, then because it is super easy and cheap to borrow. Also you have to, to make it to the next pay check (tax collection). First your subjects have to produce and sell, then you can collect taxes.

You dont base the value of the dollar on anything. You offer it as a commodity to the market. If your economy sucks or you print too much money the dollar goes down, which can help the economy. Printing money doesnt automatically help the economy though, it just creates space and time to make it possible for the economy to improve.

Improving the economy means creating more or better products and services that are in demand at a competitive cost. Governments in non-dictatorial countries cant really do that directly, they can only create the conditions for this to happen.

Moderate inflation hardly plays a part, except as a moderator (is that a pun?) of shocks. Deflation (and a strong gold standard in a developing economy IS deflation) is deadly, it makes the economy less flexible, less able to adjust.

If you never improve your ecomomy, all you will have left will be to bitch about inflation.

What is too much debt, too much inflation, too much intervention? I wish economics was a science.

Theoretically the economy can get to be so bad that the structure collapses, there are countries which have notoriously bad historical records, and yet every time they restart they have to borrow money to get things going again. Reserves in general are useless. Production, services and a functioning market, recursive production of valuable goods and services which freely and easily find customers is the only thing you can consider a reliable pillar of civilization. Currency is one of those goods and services.

If for any reason yor currency cant freely circulate (see China or the USSR errr... Russia) you can hardly be a superpower, at least not in the economic sense.

Adopting a gold standard so strong that it would destroy the international dollar standard has no advantage for the USofA or for any developed first world country. Even just having the Euro wreaks havoc in weaker European countries economies, but that is another can of worms.

A lot of what is wrong about the gold standard would apply if a country decided to adopt bitcoin as its sole currency btw.

No.
IMO….The fed printing money is (one reason) why the economy is a disaster.
Every dollar the fed prints makes every dollar worth less….and eventually worthless.
The fed keeping a moderate reserve and releasing some to stabilize the economy AND RECAPTURING IT LATER keeps economy swings moderate. (You just have to not listen to morons who don’t ever want to rebuild the reserve because it cools off hot economies, and instead they want to live on credit).
Printing money is NOT a permanent solution to not having enough money, and doesn’t keep the economy stable long term. Ask Venezuela.

Basing your dollar’s value on gdp means another 2020 and it might disappear altogether instead of just seeing high inflation for years….no advantage there

I certainly hope so, 0-.25% doesn’t cover administrative costs for basically free loans.
If they go slow, it shouldn’t stall….cool off a bit, sure. That’s acceptable.

Personally, I think it all became funny money when Nixon dropped the gold standard, and I would support returning to it, painful as it would be. At least the dollar would have some permanent fairly predictable value. (And the fed would be forced to stop printing more money to pay government debts, which causes inflation).

Duly noted.

Sift animosity aside, given and taken. I truly desire all to succeed.

Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.


I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.



You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.


I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.

Every hard crash recovers, eventually.

If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.

I do watch markets daily.


I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.

And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

There are 2 things.
Inflation.
Biden.
Correlation is not causation.

There are also only two things that can safely be done to combat inflation - raise interest rates (not Bidens job), and actually govern well, make sure public spending is going to the right places instead of fuelling the spiral. That is difficult to evaluate from a distance and at this time, but Biden still has a chance there. Unfortunately the results will only come in over a period of years if not decades. The good thing is that Biden is less ideologically bound than Trump. Trump just lowered taxes for rich people, that was his only economic plan.

Implying current inflation is Bidens fault is like blaming covid on Trump. Its the covid response that can be pinned on Trump based on numbers we have now, after the fact.

How Bidens administration does when challenged will be evaluated in a couple of years time. I am curious why the fed is reluctant to raise the rate at the moment.

Just dont blame the mountain rescuers for the avalanche.