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Post by aztecterrier on Sept 3, 2023 12:02:49 GMT -8
The price of gas has little to no correlation with inflation indexes. If gas prices were "all you need to know about inflation" the prices on goods across the board would be up 66% from "a few years ago". They're not. Inflation is at 3.2%< wages have increased by 4.1%. These feelings are not supported by the facts. Inflation is a year to year measure. So if prices rise 60% in year 1 and then 1% in year 2 current inflation is only 1%, but only because it lapped the 60%. In fact there is a high but not perfect correlation between petrol prices and inflation. To be clear, all of your stats are made up/hypothetical and not real world data. The FACT is that NOW, in 2023, wages are riding faster than inflation. |
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Post by FULL_MONTY on Sept 3, 2023 12:19:05 GMT -8
Inflation is a year to year measure. So if prices rise 60% in year 1 and then 1% in year 2 current inflation is only 1%, but only because it lapped the 60%. In fact there is a high but not perfect correlation between petrol prices and inflation. To be clear, all of your stats are made up/hypothetical and not real world data. The FACT is that NOW, in 2023, wages are riding faster than inflation. I was addressing the point that current inflation 3% is a year over year component. It does not address the I Clarion for other periods. Wage growth is indeed growing faster than inflation in current months but marginally. www.cbsnews.com/amp/news/for-the-first-time-in-2-years-pay-is-growing-faster-than-prices/People’s purchasing power has decreased when looking at the numbers the past 2-3 years. And There is a high correlation between between oil prices and inflation. |
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Post by aztecterrier on Sept 3, 2023 12:28:14 GMT -8
To be clear, all of your stats are made up/hypothetical and not real world data. The FACT is that NOW, in 2023, wages are riding faster than inflation. I was addressing the point that current inflation 3% is a year over year component. It does not address the I Clarion for other periods. Wage growth is indeed growing faster than inflation in current months but marginally. www.cbsnews.com/amp/news/for-the-first-time-in-2-years-pay-is-growing-faster-than-prices/People’s purchasing power has decreased when looking at the numbers the past 2-3 years. And There is a high correlation between between oil prices and inflation. From August of 2023 "There is evidence that the link between the oil price and inflation began to decouple decades ago. According to Bob Iaccino, co-founder of Path Trading Partners, “History shows the two are correlated, but the relationship has deteriorated since the oil price spike of the 1970s.” investingnews.com/daily/resource-investing/energy-investing/oil-and-gas-investing/oil-price-and-inflation/ |
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Post by Cwag on Sept 3, 2023 12:29:05 GMT -8
Hijack Alert! Back slowly away from the thread....
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Post by FULL_MONTY on Sept 3, 2023 12:42:58 GMT -8
“History shows the two are correlated, but the relationship has deteriorated since the oil price spike of the 1970s.”
Not sure what your thesis is here, no one with a straight face can assert that oil and inflation are not correlated. How correlated is just a fight on the margins.
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Post by aztecterrier on Sept 3, 2023 12:50:24 GMT -8
“History shows the two are correlated, but the relationship has deteriorated since the oil price spike of the 1970s.” Not sure what your thesis is here, no one with a straight face can assert that oil and inflation are not correlated. How correlated is just a fight on the margins. You're not arguing with me anymore. Your beef is with Investment News and Bob Iaccino co-founder of Path Trading Partners, Personally, I'm listening to experts. |
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Post by obboy13 on Sept 3, 2023 13:30:06 GMT -8
“History shows the two are correlated, but the relationship has deteriorated since the oil price spike of the 1970s.” Not sure what your thesis is here, no one with a straight face can assert that oil and inflation are not correlated. How correlated is just a fight on the margins. You're not arguing with me anymore. Your beef is with Investment News and Bob Iaccino co-founder of Path Trading Partners, Personally, I'm listening to experts. You seem to be very knowledgeable in economics, but you really don't know Monty that well. His argument is with anyone who'll listen.  |
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Post by zurac315 on Sept 3, 2023 15:28:41 GMT -8
I wish that the Aztec passing game could find some inflationary tendencies!
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Post by Cwag on Sept 3, 2023 15:32:42 GMT -8
I wish that the Aztec passing game could find some inflationary tendencies! Thanks for pulling us back in!😂 |
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Post by chris92065 on Apr 4, 2024 12:06:14 GMT -8
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Post by laaztec on Apr 4, 2024 17:24:23 GMT -8
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Post by chris92065 on Apr 4, 2024 23:00:14 GMT -8
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Post by aztecdan8 on Apr 5, 2024 5:02:24 GMT -8
Uh, big chance. These greedy clowns won’t stop until there is not a single dollar left on the table, no matter how much it destroys the once great(est) game of CFB. |
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Post by hoobs on Apr 5, 2024 5:19:33 GMT -8
A few problems with the ACC schools...
No way ECU & Fresno would be in included over UNLV & Colorado State.
Tulane would likely also make the cut.
Then for what I think would be an even 18, either Boise - Fresno - UNM or whomever else from a west-ish location.
If these become the new 'college football' conferences, and all other sports revert to something far more geographically reasonable... that would be about the best possible outcome, IMO.
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Post by AZTEC4LIFE1992 on Apr 5, 2024 7:04:38 GMT -8
Uh, big chance. These greedy clowns won’t stop until there is not a single dollar left on the table, no matter how much it destroys the once great(est) game of CFB. Which is exactly why the above scenario has no chance. Alabama doesn’t want to share money with conference mate Vanderbilt, let alone elevating G5 schools into the mix. Throw the whole ACC out, just like with the PAC. The B12 is the interesting conference, do they get elevated or does the B1G and SEC leave them behind. I think you will be looking at B1G and SEC teams breaking off in fball. For Olympic sports, regional conferences will return due to increase travel costs and effects on environment. Notice the effect on the student athlete doesn’t come into play at all |
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Post by sdsu2000 on Apr 5, 2024 7:19:36 GMT -8
The B1G and SEC have zero interest bringing the teams at the bottom along for the ride. The ones left behind need to find a way to revitalize the NCAA by going back to conferences based on location and then creating a playoff model. Then keep the NCAA Tournament to yourselves but have automatic bids be regular and tournament champions and then picking from the rest. The NCAA model works but needs to be updated and then you need to separate yourself from those two conferences and not play them in any sports and don’t allow transfers from them. |
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Post by AZTEC4LIFE1992 on Apr 5, 2024 8:47:00 GMT -8
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Post by hoobs on Apr 5, 2024 9:14:26 GMT -8
He nailed the thing that jumped out to me as well... should be relegation for all, not just 'the little kids table' group. |
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Post by standiego on Apr 5, 2024 9:52:01 GMT -8
Let's be real the BIG and SEC are the top Tier for Football - can and will set things up especially for the College Playoffs and other matters or set up their own
Could ESPN - who I think has TV rights for SEC - Big 12 and ACC - decide if they really want to keep the ACC or try to assist it in dissolving or forming a revised ACC at prices that are more in ESPN's wheelhouse
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