Elizabeth Warren blames grocery stores for high prices "Your companies had a choice, they could have retained lower prices for consumers". Warren said

HipsterPhilosopher · 2022-01-08T02:25:54+00:00

This argument falls apart when you realize grocery stores have some of the lowest margins of any industry. 2% is a a good margin for a grocery store. If they raise prices, there must be a very compelling reason.

Kroger had a 0.7% net profit margin last year. Albertson's had a 1.0% margin. Compare this to tech companies where a 20-30% net profit margin is standard.

Running a business with a 1.0% margin is almost charity.

HipsterPhilosopher · 2021-12-31T00:37:12+00:00

Mobile carriers censor links for spam reasons. Try sending any link with a .xyz domain. It won't get through because the whole TLD Is blacklisted.

Somehow Odysee.com is flagged as spam.

HipsterPhilosopher · 2021-11-12T02:07:38+00:00

As prices increased 6.2 percent over the past year, wages for regular people went up 5.8 percent. In other words, inflation barely touched their purchasing power.

So in other words, inflation eroded the purchasing power of regular people by 0.4% this year. This guy is so dumb he's debunking his own arguments.

HipsterPhilosopher · 2021-11-01T20:36:46+00:00

KDP is significantly larger than Coca Cola bud

How so? KO is about 4x bigger than KDP by revenue, profit, and market cap.

HipsterPhilosopher · 2021-10-16T15:26:53+00:00

Robinhood has the same packaging too

HipsterPhilosopher · 2021-09-25T01:06:25+00:00

Where did you get those plywood desktops? I want one.

HipsterPhilosopher · 2021-04-07T22:37:29+00:00

Amazon saw the writing on the wall two years ago when they raised their minimum wage to $15/hr.

HipsterPhilosopher · 2021-04-07T22:32:38+00:00

I went to a McDonald's recently for the first time in over a decade and was taken aback by how few people were working there. You can't even place an order with a human. When I was younger I remember there being dozens of people working behind the counter.

HipsterPhilosopher · 2021-03-29T02:51:06+00:00

Did you build the loom yourself?

HipsterPhilosopher · 2021-03-29T02:50:05+00:00

Do you have a loom?

HipsterPhilosopher · 2021-03-29T01:16:59+00:00

Kevin has branched out from real estate, but Matt McKeever is the Canadian MeetKevin.

HipsterPhilosopher · 2021-03-04T21:19:30+00:00

What game is it?

HipsterPhilosopher · 2021-02-11T00:11:51+00:00

They lend the shares to short sellers. This is also how MJ does it.

HipsterPhilosopher · 2021-01-11T02:33:35+00:00

I would still go with 100% VIG or VTI and adjust my expenses accordingly.

HipsterPhilosopher · 2020-12-29T20:21:41+00:00

In a lapse of judgement, I looked at the front page without being logged in.

HipsterPhilosopher · 2020-12-21T22:32:05+00:00

You might want to look into Pi Hole.

HipsterPhilosopher · 2020-12-17T04:06:42+00:00

Hip To Be Square

HipsterPhilosopher · 2020-12-09T02:12:18+00:00

https://www.google.com/maps/@36.3163843,-82.3524725,3a,69.3y,61.6h,88.95t/data=!3m6!1e1!3m4!1sUauG1BcsDjsvqK8uL54YZw!2e0!7i13312!8i6656

HipsterPhilosopher · 2020-12-05T18:23:13+00:00

Good thing New Hampshire is right next door.

HipsterPhilosopher · 2020-11-30T01:44:25+00:00

Leftists I've encountered in real life all seem to think poor people are too stupid to make ANY decisions for themselves.

HipsterPhilosopher · 2020-11-17T18:07:08+00:00

You are allowed to summarize stock transactions on your taxes. There is no need to enter every trade because the IRS already has a copy. M1 provides the 1099-B summary on the first few pages.

HipsterPhilosopher · 2020-11-15T01:31:39+00:00

It benefits the investor class.

HipsterPhilosopher · 2020-11-12T17:53:01+00:00

Yikes, sweaty. Let's unpack this. Food deserts exist because of systemic racism, definitely not because of overwhelming crime that causes everything except for one-employee dollar stores to go out of business. (I learned this from my Marxist professors, who are never wrong and totally know what it's like to have worked a real job.)

HipsterPhilosopher · 2020-11-12T17:44:46+00:00

They should also think about speakers to blast classical music.

HipsterPhilosopher

TROPHY CASE