So insightful. It's always seemed fishy to me that inflation is discussed as if it applied universally when it clearly doesn't (but should, if it were caused only by increased money supply). Your analysis makes so much sense.
Higher interest rates are letting the air out of the housing market though, which is probably a good thing. The bank giving you loans at 3% - but only as long you spend this money on buying a McMansion - made real estate prices go insane over the past few years. "Inflation" in this particular market has been off the scale ever since 2010 pretty much
Pure BS. I just happen to live in California and believe you me, they GOT PLENTY of water to waste. In the apartment building I live, they waste"oh I'm sorry, water" the grass EVERY SINGLE NIGHT so hard, the sidewalk has been growing mold and our windows are all wet. We have been begging the manager to stop and lower the water. Nopeddy nope nope. If California doesn't have enough water as they claim, they WOULD HAVE PASSED A LAW FORBIDDING watering the grass several years ago when the claim the drought started. But they haven't done that, have they???? SO NO, California doesnt have "water shortage".
Once again, this is all pure 100% BS and lies, and they know exactly what they are doing. we are now 8 billion people, they dont need that many. They want to lower the number of people drastically, therefore they are coming up with all sorts of easily proven lies. Sorry, all lies. Strangely, the question comes: why is this article repeating their lies???
Residential is something like 10% of total water consumption. California has been trying to reduce residential water consumption through various programs, for example by literally paying you to pave over your lawn. But if it feels like there's not a lot of urgency to these initiatives, it's because we could cut it in half how much water we spend on lawns - and we should - but it's a drop in the bucket (heh) compared to agriculture. If you look at the numbers these policy behaviors are hence 100% rational.
So insightful. It's always seemed fishy to me that inflation is discussed as if it applied universally when it clearly doesn't (but should, if it were caused only by increased money supply). Your analysis makes so much sense.
Higher interest rates are letting the air out of the housing market though, which is probably a good thing. The bank giving you loans at 3% - but only as long you spend this money on buying a McMansion - made real estate prices go insane over the past few years. "Inflation" in this particular market has been off the scale ever since 2010 pretty much
Pure BS. I just happen to live in California and believe you me, they GOT PLENTY of water to waste. In the apartment building I live, they waste"oh I'm sorry, water" the grass EVERY SINGLE NIGHT so hard, the sidewalk has been growing mold and our windows are all wet. We have been begging the manager to stop and lower the water. Nopeddy nope nope. If California doesn't have enough water as they claim, they WOULD HAVE PASSED A LAW FORBIDDING watering the grass several years ago when the claim the drought started. But they haven't done that, have they???? SO NO, California doesnt have "water shortage".
Once again, this is all pure 100% BS and lies, and they know exactly what they are doing. we are now 8 billion people, they dont need that many. They want to lower the number of people drastically, therefore they are coming up with all sorts of easily proven lies. Sorry, all lies. Strangely, the question comes: why is this article repeating their lies???
Residential is something like 10% of total water consumption. California has been trying to reduce residential water consumption through various programs, for example by literally paying you to pave over your lawn. But if it feels like there's not a lot of urgency to these initiatives, it's because we could cut it in half how much water we spend on lawns - and we should - but it's a drop in the bucket (heh) compared to agriculture. If you look at the numbers these policy behaviors are hence 100% rational.