• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

As Chinese Beer Prices Surge, CPI Is Set To Pass 6%; Here Comes Shrinkage

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 04/08/2011 - 14:53 | 1150863 RobotTrader
RobotTrader's picture

Chain-selling in pretty much everything this afternoon.  Industrials, Golds, Oils, everything.

Another follow through day like this, then Lacker will change his mind and demand QE3 instantly.

Fri, 04/08/2011 - 14:56 | 1150871 camaro68ss
camaro68ss's picture

Beer prices going up, noooo not the beer, anything but the beer! we are all doomed!

how am i going to get my buzz on to help me forget about this mess

Fri, 04/08/2011 - 15:01 | 1150890 Ruffcut
Ruffcut's picture

Beer prices going up.

Them be fightin words, BOY!

Fri, 04/08/2011 - 15:18 | 1150963 spiral_eyes
spiral_eyes's picture

the solution to rampant chinese inflation (export less) is the spark for western hyperinflation (can't manufacture enough to make up the shortfall)

Sat, 04/09/2011 - 00:22 | 1152411 i-dog
i-dog's picture

I'm surprised by this item. The Chinese don't drink much beer per capita at all (couldn't even find any stats ... not even in the top 50 per capita consumers on Wiki).

Most of them are almost allergic to alcohol !!

Fri, 04/08/2011 - 15:48 | 1151055 The Limerick King
The Limerick King's picture

The Chinese inflation is here

My God man just look at the beer

It now costs a lot

To make fatties look hot

They're better off turning full queer

 

Fri, 04/08/2011 - 15:00 | 1150893 BigJim
BigJim's picture

Don't worry, the feds will appoint JPM to administer the new Beer Stamps Program.

Fri, 04/08/2011 - 15:04 | 1150905 Long-John-Silver
Long-John-Silver's picture

Boil rotting potatoes and sugar in a copper kettle. Cut the heads and tails so you don't go blind. Near instant gratification.

Fri, 04/08/2011 - 21:45 | 1152412 StychoKiller
StychoKiller's picture

Just glad I bought a couple of bottles of Sake last month at World Market™

Fri, 04/08/2011 - 14:57 | 1150876 Ahmeexnal
Ahmeexnal's picture

Rice price going up: replace rice with plastic.

Beer price going up: replace beer with piss.

Fri, 04/08/2011 - 14:59 | 1150885 tmosley
tmosley's picture

Oh God, they're going to start making them drink NA beer?

Fri, 04/08/2011 - 15:27 | 1151004 JustPrintMoreDuh
JustPrintMoreDuh's picture

+silver bullet

Fri, 04/08/2011 - 14:51 | 1150865 The Axe
The Axe's picture

Beer....Fuck ---this is bad....

Fri, 04/08/2011 - 15:08 | 1150919 SPUTNIK
SPUTNIK's picture

I'll tell you something. I'm from India, Bangalore. I see that job market is booming here. I work for an International call center here and my company is getting new projects every fortnight. All are USA clients. All the wealth from US is flowing to India. You should look at the face of the clients who visits our facility, they look scared and humbled.

USA rip!!!!

Fri, 04/08/2011 - 15:52 | 1151119 duo
duo's picture

While beer has essentially doubled in price in the last 4 years, wine is up maybe 20%.  Why?

Beer => conglomerates => grains => => commodities markets => hundreds of well-paid executives (InBev, etc).

Wine => small producers => grape co-ops => supply/demand, no futures markets or GS/JPM influence

Fri, 04/08/2011 - 21:45 | 1152415 StychoKiller
StychoKiller's picture

Right now, I've got 6Gal of Mead aging in a carboy...

Fri, 04/08/2011 - 14:57 | 1150877 LostWages
LostWages's picture

No cerveza, no trabajo bitchez!

 

Fri, 04/08/2011 - 21:46 | 1152419 StychoKiller
StychoKiller's picture

Um, shouldn't that be:  No trabajo, no cerveza?

Fri, 04/08/2011 - 14:55 | 1150879 John Law Lives
John Law Lives's picture

But the Great Chairsatan says Central Planning is not the cause of this surge in food and energy.  It is because of exploding demand.  The Great Chairsatan wouldn't lie to us, would it?

Fri, 04/08/2011 - 14:56 | 1150882 tmosley
tmosley's picture

Who cares?  You can't eat beer.

Fri, 04/08/2011 - 15:00 | 1150896 Ruffcut
Ruffcut's picture

Hey der dude, beer is food.

Fri, 04/08/2011 - 15:04 | 1150904 tmosley
tmosley's picture

But you can't eat food either!

You can only eat iPads.

Fri, 04/08/2011 - 15:29 | 1151012 SPUTNIK
SPUTNIK's picture

I'll tell you something. I'm from India, Bangalore. I see that job market is booming here. I work for an International call center here and my company is getting new projects every fortnight. All are USA clients. All the wealth from US is flowing to India. You should look at the face of the clients who visits our facility, they look scared and humbled.

USA rip!!!!

Fri, 04/08/2011 - 16:09 | 1151188 tmosley
tmosley's picture

Yes, India is truly wealthy.  A half ounce of gold for every citizen will do that.  Her true wealth will become apparent in the coming years.  Your gold alone may be enough to buoy your people to US living standards (though not to 90's US living standards).

You guys need to work on your manufacturing base, though, and secure energy resources, as you burn three times as much as you produce, much like the US.  Sadly, your bureaucracy and regulatory structure are extreme hinderances.  

Fri, 04/08/2011 - 17:13 | 1151562 SPUTNIK
SPUTNIK's picture

I'll explain that for you. When dollar collapses (dollar index less than 71) india will come down badly. The main thing for India is oil and the main thing need to get that oil is US DOLLAR RESERVES. Now, when dollar collapses, the indian dollar reserve will be useless and we can't buy oil.

Fri, 04/08/2011 - 17:47 | 1151699 fiddler_on_the_roof
fiddler_on_the_roof's picture

True, but I think the true pain will be when DXY is less than say 65. you sound smart to be more than working in a call center.

Fri, 04/08/2011 - 18:05 | 1151759 SPUTNIK
SPUTNIK's picture

I'm here on zh just watching all the blogs for more than 1 year now. I logon to investmentwatch.com, zh, marketwatch.com blog, businessinsider.com and kitco blogs.

Stuyding macro economics from past 2 years now. The world economic and social situation is really bone chilling. When I try to explain this to my friends and relatives they all ignore it and they think i'm hysterical.

Fri, 04/08/2011 - 18:12 | 1151776 SPUTNIK
SPUTNIK's picture

Why are americans sending their executives here like crazy, I really don't understand it. Our management is fooling them with all promises and I'm really ashamed.

The biggest culprits being IBM, HP, DELL and ALL OTHER ACCOUNTING AND FINANCIAL COMPANIES.

I bet that there are more IBM employees in India than in USA.

What is the corporate tax collected from these large companies IN USA. For usa they neither create jobs nor tax revenue. They are parasites.

Fri, 04/08/2011 - 15:30 | 1151015 chubbar
chubbar's picture

There's a sandwich in every pint!

Fri, 04/08/2011 - 21:48 | 1152425 StychoKiller
StychoKiller's picture

A sandwich in every glass!

Fri, 04/08/2011 - 16:29 | 1151276 SilverRhino
SilverRhino's picture

Obviously you have never tried to drink liquid pumperknickel aka Guiness. ;-)

Fri, 04/08/2011 - 16:55 | 1151429 velobabe
velobabe's picture

all I eat when in Beijing was beer. I did not like the food. they sold the beer in little street cart vendors, it was fun!

Fri, 04/08/2011 - 21:51 | 1152440 StychoKiller
StychoKiller's picture

So, not adventerous enough to try fried crickets on a stick?

Fri, 04/08/2011 - 15:00 | 1150887 Sweet Chicken
Sweet Chicken's picture

Shit just got real!

Fri, 04/08/2011 - 14:59 | 1150892 yabyum
yabyum's picture

Look for your 40 oz to become a 30 oz. Bastards!

Fri, 04/08/2011 - 15:01 | 1150899 plocequ1
plocequ1's picture

Carlo Rossi Merlot, $15 for a huge jug. 

Fri, 04/08/2011 - 15:12 | 1150934 JohnG
JohnG's picture

Life is too short to drink bad wine my friend.

Fri, 04/08/2011 - 16:17 | 1151214 Bam_Man
Bam_Man's picture

Castello di Bossi Chianti Classico Berardo Riserva 2006, $24.99/bottle.

There is absolutely NO inflation in the price very good Italian wines. If anything, the prices are dropping due to tapped-out consumers trading down to...ahem... Carlo Rossi and "boxed wines". 

Fri, 04/08/2011 - 17:03 | 1151507 velobabe
velobabe's picture

I have been enjoying buyin Pinot G at my local wine shop. from small little vineyards around all of Italy. he said they aren't going up in price.

Fri, 04/08/2011 - 18:38 | 1151853 Bam_Man
Bam_Man's picture

Good for you velobabe!

If you want to give a very nice approachable Italian red a try, I recommend Michele Chiarlo Barbera d'Asti Superiore Le Orme 2008. A beautiful, fruity Piedmont red for about $12!

Fri, 04/08/2011 - 17:08 | 1151510 velobabe
velobabe's picture

V

Fri, 04/08/2011 - 15:03 | 1150900 Lothar the Rott...
Lothar the Rottweiler's picture

Go long Boone's Farm!!!

Fri, 04/08/2011 - 15:02 | 1150903 hedgeless_horseman
hedgeless_horseman's picture

Captain Broccoli, should I buy the fucking dip in the SPY now?

Fri, 04/08/2011 - 15:03 | 1150908 Global Hunter
Global Hunter's picture

...but there's panic on the streets of Carlisle

Dublin, Dundee, Humberside

I wonder to myself...

Burn down the CNBC

Hang the blessed chairsatan

Hang the DJ hang the DJ hang the DJ hang the DJ 

Hang the DJ

Fri, 04/08/2011 - 23:21 | 1152662 TGR
TGR's picture

+1 for the Moz

Fri, 04/08/2011 - 15:04 | 1150910 Cruel Aid
Cruel Aid's picture

Packaging costs getting jacked at the expense of product. Just charge more/bottle and stop screwing with my intoxication calculations.

Fri, 04/08/2011 - 15:08 | 1150917 Global Hunter
Global Hunter's picture

Had a quick boo on CNBC and they're speculating today's "sell off" is because of a knee jerk panic reaction.  Love it, they're definitely jumpy. 

Fri, 04/08/2011 - 15:06 | 1150922 Dick Darlington
Dick Darlington's picture

Let them drink iPads...

Fri, 04/08/2011 - 15:08 | 1150925 Misean
Misean's picture

Beer and booze creates transients. The inflation is transitory. Simple logic. I'm going to go try and distill a Droid.

Do NOT follow this link or you will be banned from the site!