Buy Gold...schlager: Booze Inflation Highest In 20 Years
Americans can handle soaring rent, gas, and even food prices (all those thing that the Fed conveniently ignores) with the stoic patience of a Greek who welcomes 160 German tax collectors on his rehypothecated front porch. But if there is one thing that is sure to kindle the revolutionary spirits it is the soaring price of booze. As it just so happens, ships are parked in the Boston harbor with crates of Grey Goose prepped for tossage overboard as we speak. As the following chart of alcoholic beverage inflation indicates, courtesy of John Lohman, January saw the biggest month over month spike in booze inflation in 20 years. In other words, about 90% of all traders alive today have never seen a bigger jump in liquor inflation in their lives. Then again, with nobody trading any more, and since the new venue du jour of most of said now ex-traders is the local watering hole, perhaps we are seeing demand pull inflation in at least one item. Needless to say, there is something very ironic that surging alcohol inflation is the only thing that is resilient to the central banks (un)sterilized liquidity explosion. The good news: there is distinct relative deflation in the cost of ammunition. At least for the time being...
(12 votes)
»
- Login or register to post comments
- 14124 reads
- Printer-friendly version
- Send to friend
Similar Articles You Might Enjoy:
- The Beer War on American Soil
- With Just 2 Hours Left Until "The Announcement", Here Is A Complete Summary Of What Everyone On Wall Street Expects
- Guest Post: Caution - Falling Currencies
- Man Up: Boost Your Testosterone Level for Health, Power and Confidence
- Bernanke Gets Hammered, Tells Truth About US Economy
Cuervo
Good for liquor inflation, I want to offload some more crates of Lafite Rothschild to buy some more gold and machine gun ammunition and some tanks for my natural gas holdings. Would rather be able to shoot the enemy efficiently than get drunk at this point.
LOL great, I'll take a crate of wine over a crate of fuckin' ammo any day of the week. Not a fan of Lafite, but if you have something that's actually worth bartering for, hit me up.
(PS, shoulda sold that Lafite in Sept before the HK auction market croaked...)
i gotta go buy some weed to hedge against this bullshit.
"the stoic patience of a Greek"
... LOL .... we have come a long way from the 300 spartans haven't we?
"Americans can handle soaring rent, gas, and even food prices"
says who?
$5 a gallon in my neck of the woods.
At least Fisher believes in including the price of beer in inflation calculations.
Coors Extra Gold, The king of cheap beer... less than $20 for 30, while supplies last.
I've been trying to hoard booze, but I can't help liquidating my cache.
Dude, I homebrew beer. It is getting more expensive, but not at that rate! You can also make good wines at $3 a bottle if done right.
My favorite mash I did was an ESB w/juniper berry tea + wormwood tea. One bottle had me grinning and spinning!
The green fairy makes people grow crazy!!!
Zombies try and raid me for booze I'm gonna lay out Pabst Blue Ribbon booby traps. That'll kill their asses.
PBRs as Vorpal weaponry..
PBRs as traps might get a few of those hipsters type too. Kill two birds with one stone!
In my monty python voice: "LUXUARY! OUR FATHER WOULD SLASH US IN TWO WITH A BREAD KNIFE AND DANCE ABOUT ON OUR GRAVE SINGING ''ALLELUJAH'"
4 Yorkshire Men:
http://www.youtube.com/watch?v=Xe1a1wHxTyo
Is baiting fat assed idiots legal??
I think so. I don't think you can bait them while sitting in your car though.
Homebrewed beer cost (for 10 gallons of IPA @6.5% alcohol, not including time or equipment)
1 lb. hops = $8-$16
20 lbs grain = $10
1 vial liquid yeast = $7.50 (reusable ~5 times)
water = $.50
propane = $6
total cost = $32-$40 / 106 12oz pours = between $.30-$.38 per beer
So...when's the house party?
you supply the silver, I supply the beer
Indeed. No liquidity trap here.
Damn Hendrix set it up so I can short your hoard..I'll cut you in for a win-win.
weed is terribly inflated when I oould buy it for $40 an oz in the 70's and early 80's
Yep... I remember those lids... 7 grams of seeds, 7 grams of stems, 10 grams of male fan leaves and 4 grams of sort of ok bud...
If there is one product where the CPI deserved a hedonic adjustment, it's marajuana....
ha ha, yeah, it came in a sandwich bag
What was the level of THC back then? One bong rip should do what a joint did back then.
5-6%...me thinks
yeah, I'm a lightwieght when it comes to pot but I can drink a hell've alot of booze!
Soon.......................
Gold for Booze! commercials.
Damn Flak, sounds like you needed to run with a better crowd ;-)
Actaully that was the pot... I smoked mainly hash being in port towns back then... Red Lebanese, Moroccan Green from the Atlas... occasional afgani...
You bastard ;-)
Smoked some hash as well, I'm not gonna lie and say I knew where it was from. It was a cube, rectangular, dark brown. Some hash oil too, we used it around joints when all we could get was mexican.
Which I understand (mexican) has come a long way from my time. Back then it tasted like smoking dirt and gave you a headache and occasional giggles.
I wish i could find oaxacan and columbian gold. Nice sativa buzz that didnt put you to sleep like these indica hybrids.
Yep, Mexi was headache weed. Panama Red, Columbian Gold, and Thai stick were the premo strains back then. Even the best Columbo back then doesn't stand up to the sensi out there today.
Thanks.
That's good to know, when I take up with my old friends when we all retire ;-)
Not that I know first hand; this is just what I've heard, you know, through the grapevine.
Understood.
Purely anecdotal, we're all given to flights of fancy here ;-)
I remember the hash you describe. I'm sure there were many varieties. It was a preferred brand. We called it gold seal because that's what it had stamped on it.
How about a hash/gold based currency? Would that work?
Sounds like one would have to be legalized or both criminalized ;-)
Switching gears, it always comes down to this with me, on legalization. I prefer de-criminalization to legalization as once something is legalized it becomes taxable.
And we all know what happens to the price of something bought retail once it's legal. De-criminalized let's you grow your own without a hassle.
Like corn or cabbage.
Don't tell Monsanto though, they'll want to make the seeds infertile ;-)
One word: CLONES!
Just watch the wattage and infared and well, ya know ;-)
Best to keep it off the place...government land is best...I mean what are they gonna do confiscate themselves...lol.
Terminator seeds. Whenever I make chili I save all the seeds of the peppers while it's worth it.
I'll let you know in a few minutes..... :)
After more than a few minutes....
The anwser is YES WE CAN!
(Got a little tied up with a thumbtack and a wine glass, inhales...looks at shiny gold...smiles, now where DID those cheetos get off too...)
Its only a rumor, and not that I knew such folks personally of course, but I sorta kinda heard of a guy who used to get very large amounts of that "Black Gold" gold stamp in kilo bricks back in the 80's. Supposedly it was coming from the Mujahideen freedom fighters to fund their war against godless communism.
I doubt its true, and Im sure the noble fighters against communism wouldnt have resorted to such means to fund their wars against an aggressor... errr... I mean those filthy terrorists were probably trying to undermine apple pie and baseball even then. Clear proof that Islam is our enemy, and we have always been at war with Eurasia! Or is it Eastasia? Heck, whoever the defenders of freedom at DHS want it to be!Damn those terrorists!
Anyone who fights communism is a friend of mine...glad I could help in the struggle for freedom once upon a time...lol.
Of course anything can be used as a "revenue stream"...from subsidized solar to a plantation welfare state. It's used for those who have control over it. It's just the pious pontificating assholes that piss me off more than anything.
If one is going to live it...live it, breath it.
Don't turn around and point fingers and say (Bwaney Fwank) that I did this for the downtrodden when he had more bank lobbyist's on his staff than any other representative as far as I can tell. Or Dodd, who's wife worked for an offshore financial operation in the Cayman's as he railed against offshoring wealth.
Or that grand "populist" so beloved here on the pages of ZH (Alan Grayson) who, having been trained in finance and contract law promptly lost a portion of his fortune overseas, under a contract, which he wrote off.
Yes, revenues work for those fortunate enough for them to flow in their general direction...no doubt.
However, you and I are not in that club. We're retail.
Probably not; it's just bimetallism in a tie-dye T.
ah, smoking hashish, brings back memories in my bedroom in my parents house listening to Judas Priest, ripped.
http://www.youtube.com/watch?v=KO2DYwvseiY
And later...
http://www.youtube.com/watch?v=Kf6va5DyX4Y&feature=related
Kush
For fucks sake. Seeing these comments and wondering how many participants in the US are breaking the law is as sickening as the banks.
All you give incompetant enforcement excuses not to go after the white collars, instead its fish in a barrel on the taxpayer dime.
Widowmaker,
I thought I'd wait for it to die down a little here first before speaking my mind because I didn't want you to take offense...this is not directed at you...it's a general observation of us, all of us.
We live in a society now where we have doctors & lawyers & congresscritters & presidents who have openly admitted they've smoked pot...some have admitted to cocaine.
This is the same society where they are allowed to openly, blatantly lie. Some are even praised for their prowess at lying. As if it is meritorious.
I came to a decision about a month ago regarding myself.
As we are dealing with accomplished liars and thieves in high places and these thieves and liars rely on us to tell the truth in order for them to carry on taking advantage of any and every given situation...I am now giving fair warning to any and all honest men & women at ZH post hoc.
Anything I have said from thirty days ago until now or that I will ever say again...could very well be a lie.
Oculum pro oculo.
You aren't going to hurt my feelings hurting yourself by injesting shit. Personally, I don't care what you put into your body, but I do care what it brings into a community.
In Widowmakers perfect universe, between us and ZH, "if it grows it goes." All the synthetics are much worse than pot at the individual and collective/community level. I've known MANY so called professionals that you mention; but there is no difference between smoking pot and drinking and driving when it puts others at risk and breaking the law.
However, it pollutes all the causes you stand for when you disobey the law, same as everyone else. It marginalizes your opinions and positions -- I've read your work, you have a lot to say, but use that focus to change for the greater good, not to show that you too are as fallable as those you critique.
Ahhh, but we are all fallable aren't we?
We've come to the point where law means next to nothing.
Case in point...our contract law goes back through the Magna Carta. The principle being, those who sign a contract do so voluntarily.
As a forced contract is, of course coercion. Our judicial system has always said these types of contracts are illegal.
Now, we have a government "law" which not only forces a contract but makes arbitrary decisions affecting peoples lives under the guise of this "law".
This is despotism.
You know it and I know it.
As our law has been circumvented by despots that rely on emotion, our good nature and goodwill toward our fellow man to complete and pursue their unjust and unlawful acts...I am no longer under any obligation to speak any truth that they can hear or write any truth that they can read.
It is they who have destroyed the trust of society and they (and you/others) who will have to vet my every word...just like our former contracts and compacts.
There is nothing to bind us accept our honor and I'm proclaiming here and now that I can be one of the most dishonorable pricks any stranger would ever want to meet.
It's what they want and I can be very giving when I want to be ;-)
All that is fine, but it matters not if breaking the law is singular or a collective (socialized crime inc / gov't). The argument of justifying bad behavior by attributing worse behavior is fruitless.
Frankly, when I read your post I now know that YOU know there is a process and you respect it (or what it was). My point is changes to both bullshit economic wars like drugs and crony-finance occur by the same process.
If you don't like the law, change it. Most are too lazy as it's easy to rip a bong and complain. Put the bong down and take the first step, raise awareness for whatever cause that is. Doing so is the ONLY way to proceed as it respects the law (everyone else), and uses the tools that actually work for that change.
The hammer may be old and rusty but it can still pound the largest stakes. By using the rusty process, guys like me will vote in favor of ending the war on drugs for you, even though drugs are bad for you.
Would you give up Medicare entitlement (public health care in general) for pot, or smoking of any sort?
grocery bag of shake
yeah but you just need to smoke maybe a couple of bucks worth of weed to get high for 4 hours at a time. i'd take that!
I'd wager those $40 ozs weren't exactly Sour Diesel or G13. Todays herb may be 10x the price but at thrice the nice it's worth it.
That 70's and 80's bud is shit compared to what we have today, you can still get an ounce of mids for around the same price
Bullshit.
Columbian Gold was the sweetest, most potent shit I ever tried.
The guy said just one toke...bad ass me took two...I found myself looking up from inside a bathtub, climbing out and walking down the hall with both hands on the walls...lol.
No, it wasn't laced...they were breaking up an elbow.
Please explain "breaking up an elbow"...
My checkered past says something about turning a pound (LB~Elbow) into smaller units like dime bags, quarters and doobies. Can't remember for sure, and that's the trouble with checkered pasts.
They were breaking up a pound...probably a local term. I was in the right place at the right time...like most glad to still be alive...lol.
Elbow...pound. Key is or was kilo.
No idea what it is now, it all changes as "conditions warrant" for obvious reasons.
Part of the beauty of being a native Floridian is everyone knows or has known a smuggler or two in their life...it's part of the deal. Many in "law enforcement" are or have been or know smugglers.
People, rum, pot, guns...a rich history of dealing with life for both good & ill.
Kush
ganji
.... no shite, 1979 = $120 a "quarter"..... POUND Smoke one, sell three, rinse repeat.
But coke has actually come down in price. 8 balls sell for less than they did in the 80s.
go figure; deflation in a "black market" good and inflation on govt. taxed and controlled alcohol
quality is much better today than back in the 70s-80s ditch weed era.
the shit today is chronic
Grow your own. It's kind of like a hedge if you plant one row.
my thoughts exactly... hopefully scotch is toppin out though
Hey Tyler, could ZH start an official "Barter" section where we faithful ZHers can trade, for example, our crates of booze for weaponry? This would be an inestimable practical addition to ZH for us. You could even add a 2% surcharge for ZH like PayPal does. The surcharge revenue might come in handy when you want to upgrade your servers, or buy some information, etc.
lol. Good idea:)
Barter Heds.
Not for Reuse, yes I know, the HK auction houses saturated the secondary market with Lafite and the price went down 40% overnight. I am still sitting on 500-800% gains on this wine though.
not just saturation, HK money tap has been running on empty since last fall... Ask our friend chindit13. I just don't personally think the stuff is worth the premium right now, and the production stats on Lafite - vis-a-vis natural demand from people (such as myself) who actually drink $1k+ bottles - aren't conducive to speculation. Just my opinion, ymmv...
Yes, I agree, it is not worth the premium, that is why I am dumping it. LOL. (Mostly to Chinese buyers via EZ conduits). Plus, you are right, there is tons of this stuff, much more than people imagine. 1st growths are over-produced (albeit in finite quantities) by comparison to a smaller vineyard like Petrus. It is really a matter of HK and China still searching for Western luxury status trinkets. If that no longer is feasible, then the 1sts will go back to $200 where they should be anyhow. Sp please, HK, let's keep the ball rolling.
I will drink to HK keeping the ball rolling, maybe rio now... please? :)
yeah, I'll be stepping out shortly to the local CVS and get a couple of bottles of JD, fuck inflation!
I had the pleasure of a glass of Ch Margaux 75 when it was 22 years old. It was extraordinary.
congrats!
This rigged market will drive anyone to drink........if they can afford it.
The market looks like a frigg'in full blown alcoholic going through the DT's awaiting their next drunk.
My delirium tremens have actually cancelled out my Parkinson's completely.
Drinking is cheap if you can brew your own hooch.
Homebrewers unite!!!
We can all make some right now.
All you need is some bread, water, orange peels and sugar... add it into a pitcher and let it sit in the corner for a few days.
And than ny the end of this week...mmm MMM good stuff.
All you need is some bread, water, orange peels and sugar... add it into a pitcher and let it sit in the corner for a few days.
And than ny the end of this week...mmm MMM good stuff
Good God man, you make Iron City look good.
"A man can never have enough books, red wine or ammunition" - John Keats
How about if we just offload "The Rothchilds" and we won't have to worry about any of this shit?!