politics

abolish the stock market. put these hogs on a fucking island with no natural resources but sand and salt water. set up a camera and let us watch.

they can STILL get punished if the market goes "Yeah, but our analysts expected you to bring in $921 million in profit."

This happened to the company I'm in. We had record profits, were positive for the first time in years, and beat our goals by a decent bit. Stock prices tanked anyway because "the best we've ever done" wasn't good enough for the shareholders.

The "expectations" aspect became especially apparent when Tesla was valued higher than the next top 10 auto manufacturers combined.

It was literally that Tesla is new shit that we can bet on. It has nothing to do with Tesla's actual value.

It's also the issue with buying stocks based on a company's performance. If you do that, you're already too late because investors with more information have already bought based on a prediction of that performance (or insider information).

It's all so dumb. I'm sorry for the language, but it's just really, really dang dumb. There, I said it.

I always imagine the stockholder that trades off quarterly expectations to be someone sitting in an overly large home getting all bent out of shape because someone else's labor didn't make them enough money RIGHT NOW!

Visited a friend in VA, she went to Kroger's to pick up medicine and I decided to grab snacks.

A case of soda and 3 bags of chips was like $40,

When I got home, I went grocery shopping at Martin's.

A gallon of nature's promise milk, 3 pounds of fresh mozzarella, 2 loafs of bread, a pint of ice cream and another case of soda came out to be about the same price.

This may also be a message about how weirdly expensive junk food has gotten, but dairy is usually the most expensive items on my list

Through the magic of capitalism, removing competition will drive prices down! No further questions

Greedflation

Eggs are again steadily rising in price.

This one can still be pinned on poultry farming greed, but it’s not a pure price gouge.

Avian flu devastates California’s poultry farms as new wave of outbreaks roils industry

Let me preach about the holy sites known as Costco stores.

Also look for locally sourced eggs and meat, dairy, etc. You can probably find some small farms that sell direct to consumer.

Jobs are starting to dry up in some industries because interest rates are so high that larger companies can no longer borrow cheaply to take a chance on side projects. The rates are high to combat this "inflation", and of course it won't work, because we aren't seeing real inflation. We're just seeing companies charging more because every industry is now an oligarchy. It's a bit of a death spiral.

What are you, some kind of Communist? You can't have government run retail outlets. It would be inefficient! It would prevent innovation! It would desaturate the market! It would cause millions of farmers to go bankrupt overnight! The employees would all be rapists and arsonists and unionists, while the managers would be bloated government bureaucrats who only care about their cushy government jobs!

You would cause famine and poverty across the entire nation. It would be the worst thing to happen to the country since the Postal Service!!!

Because only Congress can change the minimum wage. You know, the one half controlled by Republicans.