Slowest start to Atlantic hurricane season…

[tkhayes 348]

43 minutes ago, brenthutch said:

Devalued the dollar. Cost are up everywhere, my homeowners insurance was around $900 during the Trump administration, now it is more than $1200.

BTW you still haven’t answered my question, how many large hurricanes have devastated FL this year?

No hurricanes have devastated Florida this year.  Not actually relevant to your claim, but thanks for dodging the subject that YOU started

Tennessee is part of the USA and is subject to exactly the same dollar devaluation.... why has insurance in Tennessee not increased then by the same margins as insurance in Florida?  Or are all Florida problems regarding home insurance unique to the 'Florida dollar' and its devaluation caused by a Biden federal government but only at a state level?

So you admit that your homeowners insurance is affected by the dollar devaluation yet the rate of increase is less than Florida?  Explain your math please if you can (hint: I know you cannot). 

Your claims, my response.  devaluation of the US dollar would affect ALL insurance rates across the country equally.

Edited September 22, 2024 by tkhayes

[gowlerk 2,236]

Devalued the dollar? Against what currencies has USD been devalued? Horsehit.

[brenthutch 444]

38 minutes ago, gowlerk said:

Devalued the dollar? Against what currencies has USD been devalued? Horsehit.

Gold

 

Edited September 22, 2024 by brenthutch

[jakee 1,553]

1 hour ago, brenthutch said:

Gold

Why didn;t you care when Trump was devaluing the dollar?

[brenthutch 444]

6 minutes ago, jakee said:

Why didn;t you care when Trump was devaluing the dollar?

Because he didn’t, inflation was less than two percent during the Trump administration. Dollar vs gold was relatively stable during Trump, look what happened when the Ds took over 

https://goldprice.org/gold-price-history.html

Edited September 22, 2024 by brenthutch

[jakee 1,553]

1 hour ago, brenthutch said:

Because he didn’t, inflation was less than two percent during the Trump administration. Dollar vs gold was relatively stable during Trump, look what happened when the Ds took over 

https://goldprice.org/gold-price-history.html

Soooo from that chart, tell me how much gold went up during the Trump administration.

I mean, you do know which years Presidents are inaugurated, don’t you?

Edited September 22, 2024 by jakee

[brenthutch 444]

19 minutes ago, jakee said:

Soooo from that chart, tell me how much gold went up during the Trump administration.

 

< Biden 

Edited September 22, 2024 by brenthutch

[jakee 1,553]

5 minutes ago, brenthutch said:

< Biden 

It's facinating, truly fascinating, that you think it's a good idea to flat out lie while providing the evidence that proves you are lying.

Don't you ever get embarrassed?

[brenthutch 444]

2 minutes ago, jakee said:

It's facinating, truly fascinating, that you think it's a good idea to flat out lie while providing the evidence that proves you are lying.

Don't you ever get embarrassed?

How so? Trump inflation: 1.9%

Price of gold $1251 at the beginning, $1773 at the end 

Biden inflation: 5.7% 

Price of gold $1564 at inauguration, price today….$2647

Dont you ever get embarrassed by being wrong all of the time?

[jakee 1,553]

7 minutes ago, brenthutch said:

How so? Trump inflation: 1.9%

Price of gold $1251 at the beginning, $1773 at the end 

Biden inflation: 5.7% 

Price of gold $1564 at inauguration, price today….$2647

Dont you ever get embarrassed by being wrong all of the time?

How do you figure that the price of gold changed by $209 in between the end of Trump's presidency and the beginning of Biden's? Is that a thing that makes a single of iota of sense to you?

Again I say, it's simply fascinating that you think you'll get away with flat out lying while simultaneously providing absolute proof that you're doing it.

Edited September 22, 2024 by jakee

[gowlerk 2,236]

Gold is not a currency. It is a commodity and the price of it has a nearly zero effect on daily life or the price of anything else.

Edited September 22, 2024 by gowlerk

[brenthutch 444]

21 minutes ago, gowlerk said:

Gold is not a currency. It is a commodity and the price of it has a nearly zero effect on daily life or the price of anything else.

It is a benchmark for the value of a currency 

[brenthutch 444]

27 minutes ago, jakee said:

How do you figure that the price of gold changed by $209 in between the end of Trump's presidency and the beginning of Biden's? Is that a thing that makes a single of iota of sense to you?

Again I say, it's simply fascinating that you think you'll get away with flat out lying while simultaneously providing absolute proof that you're doing it.

The value of the dollar was not diminished by the inauguration of Biden it was a result of the Ds policies. 
I’m sorry if you can’t wrap your brain around this simple reality.

Edited September 22, 2024 by brenthutch

[jakee 1,553]

6 minutes ago, brenthutch said:

The value of the dollar was not diminished by the inauguration of Biden it was a result of the Ds policies. 
I’m sorry if you can’t wrap your brain around this simple reality.

How do you figure the price of gold changed by $209 between the end of Trump’s presidency and the beginning of Biden’s? When do you think a presidency ends?

The simple reality is that you’re making things up and inventing numbers while providing both the proof that you’re doing it and the proof that Trump was worse at the things you blame Biden for.

Edited September 22, 2024 by jakee

[winsor 236]

5 hours ago, gowlerk said:

Devalued the dollar? Against what currencies has USD been devalued? Horsehit.

Against the Big Mac index, for sure.  It's been decades since I bought one of them, but a good rule of thumb is how many of your fiat dollars it takes to buy a standard commodity, and the Big Mac has been used by some economists for quite a while.

[brenthutch 444]

1 hour ago, jakee said:

How do you figure the price of gold changed by $209 between the end of Trump’s presidency and the beginning of Biden’s? When do you think a presidency ends?

How about the price of gold at the end of Trump’s term and the current price at Biden’s term 

 

[gowlerk 2,236]

49 minutes ago, winsor said:

Against the Big Mac index, for sure.  It's been decades since I bought one of them, but a good rule of thumb is how many of your fiat dollars it takes to buy a standard commodity, and the Big Mac has been used by some economists for quite a while.

Being from a nation that is not American when someone speaks of the value of USD I consider FOREX valuations. Perhaps if you wallet and bank account is only ever denominated in USD  you might lose track of the meaning of having your currency devalued.

[olofscience 489]

5 hours ago, brenthutch said:

look what happened when the Ds took over

Yeah look at what happened to inflation in the UK and EU when the Ds took over...they've also taken over your brain, right Brent?

Could you point to the parts in the graph where the Ds touched you?

 

[Phil1111 1,149]

3 hours ago, brenthutch said:

The value of the dollar was not diminished by the inauguration of Biden it was a result of the Ds policies. 
I’m sorry if you can’t wrap your brain around this simple reality.

Wrong as usual. "The U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. DXY was originally developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies." Since Biden was inaugurated the US dollar has climbed 10% v the basket of currencies it is ranked against. From 90 to 100 today.

That would be a stronger greenback by 2.5% a year. You can send your apology to President Biden.

You would do yourself a great favour by turning off FOX. Stop watching Hannity and Tucker Carlson.

Edited September 23, 2024 by Phil1111

[Phil1111 1,149]

1 hour ago, winsor said:

Against the Big Mac index, for sure.  It's been decades since I bought one of them, but a good rule of thumb is how many of your fiat dollars it takes to buy a standard commodity, and the Big Mac has been used by some economists for quite a while.

Global price of a Big Mac as of July 2024, by country

Taiwan is the place for a Big Mac about 1/2 the comparable expense v the US.

[JoeWeber 2,790]

2 hours ago, Phil1111 said:

Wrong as usual. "The U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. DXY was originally developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies." Since Biden was inaugurated the US dollar has climbed 10% v the basket of currencies it is ranked against. From 90 to 100 today.

That would be a stronger greenback by 2.5% a year. You can send your apology to President Biden.

You would do yourself a great favour by turning off FOX. Stop watching Hannity and Tucker Carlson.

Another huge assistance for Brent, as I've previously posited, is that he quit assuming that wearing a green suit and having gone wherever he was sent by the US Army has given him a single iota of international exposure. I tend to hang with a lot of people from a lot of countries. Unlike the trivial, non-confrontational conversations that happen in the US, conversations with international people tend to be open, direct, and sometimes fearless of being offensive. Well except when Trump Americans are nearby.

[jakee 1,553]

8 hours ago, brenthutch said:

How about the price of gold at the end of Trump’s term and the current price at Biden’s term 

Yes, that’s exactly my point. What was it? Because the numbers you just provided were either deliberately made up or you think genuinely think that someone else was President after Trump and before Biden. 
 

The peak price of gold during the Trump presidency was $861 higher than at his inauguration, or a 71% devaluation of the dollar as you want to argue. The peak of gold for Biden is $763 higher than at his inauguration, or a 40% devaluation as you want to argue it. So why don’t you care? Is it maybe because it really doesn’t even mean anything?

[wmw999 2,507]

9 hours ago, JoeWeber said:

Another huge assistance for Brent, as I've previously posited, is that he quit assuming that wearing a green suit and having gone wherever he was sent by the US Army has given him a single iota of international exposure. I tend to hang with a lot of people from a lot of countries. Unlike the trivial, non-confrontational conversations that happen in the US, conversations with international people tend to be open, direct, and sometimes fearless of being offensive. Well except when Trump Americans are nearby.

Yep. I travel quite a bit, and it seems that nearly everyone who has some curiosity is interested in how others live, and most of those people don't assume that they have the only good way of living.

Wendy P.

[wmw999 2,507]

4 hours ago, jakee said:

So why don’t you care? Is it maybe because it really doesn’t even mean anything?

Mainly because that's not a helpful metric. He'd happily use a totally misleading scale (for instance one with one set of years represented logarithmically and the rest arithmetically) to make a chart if it sounds convincing.

Wendy P.

[brenthutch 444]

https://www.investopedia.com/us-inflation-rate-by-president-8546447
 

 

Biden 5.7%

Trump 1.9% (which incidentally is right where the Fed says it should be)