Daniel Rubin ✅@protecttruth @plutus @ForeignSubstance @johnserwach
Ibonds are good. Swvxx is better
John Serwach ✅@protecttruth @rubecube12 @plutus @ForeignSubstance how do you figure better? Other than more liquid ?
@protecttruth @ForeignSubstance @plutus @johnserwach
More liquid is better. Also fed aint stopping raising. So yield will go up. While ibonds yield will go down until fed stops raising
@rubecube12 @protecttruth @ForeignSubstance @plutus
feds about done raising, of course inflation is about over as well so I bond will go back down.
@johnserwach @plutus @ForeignSubstance @protecttruth
When fed quits raising. Inflation will bounce back
@rubecube12 @protecttruth @plutus @ForeignSubstance
I doubt it, but we will see.
@johnserwach @protecttruth @ForeignSubstance @plutus
Rates still way below inflation. Thats not restrictive
Plutus@rubecube12 @johnserwach @protecttruth @ForeignSubstance Wong- y/y cpi is useless m/m Is the measure that should impact society and policy.
@plutus @ForeignSubstance @johnserwach @protecttruth
Wages are changed on an annual basis. Prices are sticky
@rubecube12 @ForeignSubstance @johnserwach @protecttruth regardless of whether your point has any bearing in reality, the fact of the matter is, as I’ve pointed out for over a year, Fed’s massive hikes does nothing to solve supply chain driven price spikes and creates many more side effects than benefits on things it purportedly helps
@johnserwach @plutus @ForeignSubstance @protecttruth
Fed has just normalized rates. Inflation is not going down. The population growth rate is about to explode as soon as the fed lets of the breaks
@rubecube12 @johnserwach @ForeignSubstance @protecttruth calling planet Daniel - ppi just came in at -5%. Spare me the Fed banter.
@johnserwach @protecttruth @plutus @ForeignSubstance
Calling Planet Plutus the fed only cuts when crude is sub 50, aluminum is sub 2000, Soy beans are sub 1000 and wheat is sub 500. Commodities are still too high. Way too high
@rubecube12 @ForeignSubstance @protecttruth @johnserwach
SD/cali in general is 30/40% more expensive than Michigan - just checked
@rubecube12 @protecttruth @plutus @ForeignSubstance
Examples ? Some items sure, others - idk.
@johnserwach @rubecube12 @protecttruth @ForeignSubstance
Was checking between NJ and CA yesterday across chain restaurants and retail stores for exact same items. Now checking Auburn Mi
@plutus @protecttruth @rubecube12 @ForeignSubstance
Auburn hills? Maybe ?
Look water and fuel are cheaper here, everything else is pretty close.
My NatGas bill will be much higher as well 😂
@johnserwach @protecttruth @rubecube12 @ForeignSubstance
Every single quick service or casual dining restaurant is 30/40% cheaper. An entree is $20 in more middle income Cali vs. $14 in MI and $17 in NJ
Every single quick service or casual dining restaurant is 30/40% cheaper. An entree is $20 in more middle income Cali vs. $14 in MI and $17 in NJ
@plutus @johnserwach @ForeignSubstance @protecttruth
I just ate Chinese for 8 dollars. I had a dinner for 10 in SF. You just dont know to look for food
@plutus @protecttruth @johnserwach @ForeignSubstance
10 dollar bagel and lox at Noe bagel in SF right now. Would cost 25 in NYC
@johnserwach @protecttruth @plutus @ForeignSubstance
I'm in the city if SF. Gotta compare to NYC
@rubecube12 @johnserwach @protecttruth @ForeignSubstance
You have the density 1/4 of manhattan - a fairer comparison is Detroit Minneapolis but you refuse to use midwest - you regionalist you
@plutus @ForeignSubstance @protecttruth @johnserwach
SF is the second densest large city in the country. Nothing compares to it besides NYC
@rubecube12 @ForeignSubstance @protecttruth @johnserwach
Total BS - less than 1 million ppl
Why do you refuse to compare nunes country with say upstate NY why??
@plutus @protecttruth @ForeignSubstance @johnserwach
SF has 17k ppl per sq mile. NYC has 27k. Detroit has 4k
@protecttruth @ForeignSubstance @johnserwach @plutus
The next closest to SF is like 11k and its yonkers. So its basically nyc. The next non new york city is like 7k. Theres nothing like SF or NYC in the country. We are country built on single family housing not condos. Thats why every other country has cheeper housing proces
@rubecube12 @protecttruth @ForeignSubstance @johnserwach
Why do you refuse to compare Sacramento with Albany?
@protecttruth @johnserwach @ForeignSubstance @plutus
More people live in Manhattan than queens, the bronx, or staten island. More people live in NYC than New Jersey. No one wants to live in New Jersey
@johnserwach @protecttruth @rubecube12 @ForeignSubstance
I lived in NJ for over 15 yrs it is a complete shithole - more b/c people are just scumbags
@johnserwach @protecttruth @rubecube12 @ForeignSubstance
That being said I just moved from Montclair to Nor Cal last summer. From a more upscale place to a more typical suburban locale. I am having severe sticker shock.
@protecttruth @rubecube12 @plutus @ForeignSubstance
Maybe you’re going to the wrong places ?
@johnserwach @protecttruth @rubecube12 @ForeignSubstance
Same chain places - groceries - Safeway vs. Shoprite
@johnserwach @protecttruth @rubecube12 @ForeignSubstance
Albany is way cheaper than NJ even