/biz/ - Business & Finance

[Anonymous No.56812621]

Record black friday sales again. These numbers don't lie. Bidenomics really does work!

https://fortune.com/2023/11/27/cyber-monday-forecast-record-holiday-online-sales/

[Anonymous No.56812640]

>>56812621
i'd really like to see how they arrive to these conclusions, as in where their raw data is sourced from and what their statistical sampling methodology is like. i imagine it's a total fraud.

[Anonymous No.56812642]

>>56812621
I work at an Amazon and it's been more chill this peak than it has in my 5 years working at the warehouse

[Anonymous No.56812644]

>>56812621
Biden is no doubt the best president we've ever had. It's simply incredible what he's doing for the working class.

[Anonymous No.56812671]

>>56812642
I’m am Amazon wagie too and July prime sales had higher volume than last weekend kek. They hired a lot more people than they ever have at my site for peak it’s never been this relaxed

[Anonymous No.56812673]

>>56812621
>real inflation about 25% since January 2021
>measure sales in nominal value

Wow, what an increase in sales!

[Anonymous No.56812699]

>if we expand monetary base number go up!
Remember to short the real economy by buying BTC

[Anonymous No.56812707]

>>56812673
>UHH YIKES DOOMER CHUD ARE YOU SUGGESTING THAT THE GOVERNMENT WOULD LIE ABOUT INFLATION WITH HEDONIC QUALITY ADJUSTMENTS AND ARBITRARY RE-BALANCINGS OF THE CONSUMER PRICE BASKET TO THE EXTENT THAT IT NO LONGER RESEMBLES ANY CONSUMER'S PURCHASING HABITS?

[Anonymous No.56812715]

>>56812621
We're basically full blown spiraling towards a credit crisis for consumers, I just don't see how they're spending like this without credit. Aren't we reaching peak levels of credit card debt?

[Anonymous No.56812734]

>>56812707
Inflation = Monetary expansion. Prices increases are caused by inflation, they are not inflation.

[Anonymous No.56812768]

>>56812644
>Biden is no doubt the best president we've ever had. It's simply incredible what he's doing for the working class.
Lol

[Anonymous No.56812794]

>>56812671
Yeah it's weird. I doubt any seasonals get full time blue badge after peak

[Anonymous No.56812836]

>>56812642
>>56812671
So much Amazon employees here, huh? Or maybe you're magas seething

[Anonymous No.56812848]

>>56812715
Minimum payments haven’t kept pace with inflation. The few raises people get have added up and it currently takes less than 1 day of work to buy another month. I’d imagine a lot of retards are deep in this trap

[Anonymous No.56812852]

>>56812715
Only nominally. Remember, debt = money under debt based fiat, they will never allow money stock to constrict (muh contagion!)

[Anonymous No.56812855]

no one gives a shit about DEBT lol just SPEND MONEY AND DON'T WORRY

[Anonymous No.56812858]

>>56812621
More like record credit card debt. Dumb americucks and their retarded consumerism.

[Anonymous No.56812863]

>>56812836
Lmao you dumbass biden cock suckers will believe anything. The economy is burning but if the old fuck says it's not, "then it's not!!!!" LMFAO

[Anonymous No.56812914]

>>56812836
Amazon employs more people than you think. They are everywhere and will hire anyone with a pulse. A lot of sites suck but some are pretty comfy if you know where to look.

[Anonymous No.56812921]

>>56812642
>>56812671
Amazon deals were absolute shit. Of course it was calm.

[Anonymous No.56812941]

>>56812914
Outbound shipdock is pretty based. I'd kill myself if I had to work pick or pack

[Anonymous No.56812948]

>>56812640
Everything is more expensive than the previous year so new revenue records of product sold are set each year despite a decrease in numbers of sales. I work in cement and it's even happening here. We have only sold a fraction of cement as years past but our prices are higher so we "made more money" at the end of the year despite less sales. The cost to produce also is increasing as well so I don't believe we are actually netting any more money than years past. Everything is just getting more expensive.

[Anonymous No.56812970]

>>56812640
They're buying less but paying more. If you only look at top line revenue, it looks like growth.

[Anonymous No.56812989]

Credit Card companies gonna be happy in January

[Anonymous No.56812992]

>>56812715
Where we're going you won't need consoomers for GDP line go up. Megacorps divorced from reality will wash trade with printed dollars and make numba go up while wagies eat the bugs. Daily reminder that your weekly rental payment is due.

[Anonymous No.56813031]

>>56812921
They usually are lol. Amazon sells a ton of cheap Chinese garbage that people love for some reason.
>>56812941
Pick and pack are both soulless you can really see it their eyes. AFM is fun if you have a good ar floor. You can look at other sites with mma and some of them are a nightmare though

[Anonymous No.56813120]

>believing jew lies
kek

[Anonymous No.56813172]

>>56812621

Cool. Show me the raw data.

[Anonymous No.56814066]

>>56812863
Speak for yourself kid. Not everyone cleans toilets like you.

[Anonymous No.56814085]

>>56812921
Legitimately could smell the fried rice as I logged on to amazonibaba and bought nothing

[Anonymous No.56814107]

>>56812621
Shit was crazy though.
Bought 20 things and only came out at 100 dollars.
Should have bought more..

[Anonymous No.56814127]

Black Friday was a giant fail for my company and I assume most, the deals were fucking shit. It did so bad we didn't bother with a Cyber Monday push.

[Anonymous No.56814160]

>>56812642
People are realizing that Amazon isn't giving as much of a discount as they claim. They show the msrp as the original price and show the percentage reduced, or discount, from that. In reality they're discounting only a small amount from the price for which Amazon usually sells it.

[Anonymous No.56814162]

>>56812621
isn't credit card debt exploding?

[Anonymous No.56814167]

>>56812621
>Make everything more expensive
>"DUDE, everyone is spending more!"
Really makes you think.

[Anonymous No.56814172]

>>56812914
where should you look?

[Anonymous No.56814182]

>>56812621

Everyone gripes about inflation but no one is hurting that much. They are spending like crazy. Yeah, the housing market might dip a little with these rates, but meh.

The big factor is jobs basically grow on trees. You have to work to be unemployed in this market, and if the money keeps rolling in, who really gives a shit about fast food slop costing a bit more?

[Anonymous No.56814239]

>>56814182
What reality did you come from?

[Anonymous No.56814253]

>>56814239
You always get these absurd
>economy's great!
posts with reddit spacing

[Anonymous No.56814284]

>>56814182
>The big factor is jobs basically grow on trees. You have to work to be unemployed in this market

Bullshit

[Anonymous No.56814314]

>>56812734
>Prices increases are caused by inflation
They're also caused by corporate greed and then blamed on inflation in order to keep consumers from being upset about it. There were even some leaked company memos from the peak of covid where they were basically bragging about doing this

[Anonymous No.56814340]

>>56814253

And yet there are never any posts debunking them because the economy is strong by every objective measure. Fascinating.

[Anonymous No.56814414]

>>56814340
So everything's more expensive and people are spending more. Where's the money coming from? Are wages going up or is it all just debt?

[Anonymous No.56814419]

>>56814340
Why would anyone bother

[Anonymous No.56814441]

>>56814340
The dept of commerce publishes propaganda, they're a government agency under Biden you dipshit. There isn't a single objective measure of the economy.

[Anonymous No.56814459]

>import millions of mindless consumers and pay them to be here
>number go up
amazing

[Anonymous No.56814600]

>>56812621
I've spent more this black Friday than ever in the past because I fear inflation will make everything more expensive

[Anonymous No.56814616]

>>56812621
I spent about $3k so this is accurate

[Anonymous No.56814620]

>>56814314
No. Rising Prices =/= Inflation, Inflation (monetary expansion) = Inflation.

[Anonymous No.56814642]

>>56812621
>PLS SIR WE'RE NOT IN RECESSION SEE? ECONOMY IS INCREDIBLE PLS BUY MY BAGS
If it was so wao smashing it wouldn't be in the news

[Anonymous No.56814673]

>ITT we thank Jerome Powpow for landing us softly

Repeat after me:

THANK YOU DADDY POWPOW FOR KILLING INFLATION AND SAVING THE ECONOMY!!!

[Anonymous No.56814722]

OWO DADDY BIDWEN STIMMY MY WITTLE BANKHOLE WITH YOUR BIG FAT STIMMY WIMMY CHWEKS. DA WAST WON STWETCHED MY TWINY WITTLE BANKHWOLE SOOOOOO MUUUUUUCH tee hee PWEASE GWIVE ME MWORE. HARDER DADDY BIDIE HAWDER

[Anonymous No.56814731]

>>56814600
Yeah I bought a shitload of stuff off Amazon too. Might as well hit up my regular buys on discount. Bought some bullshit too for the hell of it. God bless Amazon

[Anonymous No.56815238]

>>56812621
You can just lie in the news. What are you gonna do? Hold them to it?
Libel is fake.

[Anonymous No.56815583]

>>56814066
your insults don't even make sense. Stupid lefties

[Anonymous No.56815600]

>>56812715
Protip: it's through "buy now pay later" which is "totally not a credit card."

[Anonymous No.56817119]

>>56814673
You're talking shit but we already have confirmation he beat inflation

[Anonymous No.56817133]

>>56817119
Paul is fucking unreal.

[Anonymous No.56817137]

>>56812734
Jeez we are a long way down the pipeline if this even needs to be said.

[Anonymous No.56817144]

>>56817119
removing used cars and homes as lagging indicators makes perfect sense desu
but excluding food and energy without further context still feels disingenuous

[Anonymous No.56817153]

>>56814314
when the money supply increases by 1/3, it is a corporation's fiduciary duty to soak up whatever they can of that
on the off chance that this is not bait, this is a literal and textbook case where you should be hating the game for being rigged this way, not the player for adhering to economic basics

[Anonymous No.56817468]

Amazon delivery drone here. Routes were much easier than the last couple years. Only 350ish packages.
That said, warehouse held us for 30 min while getting our stuff ready.

[Anonymous No.56817493]

>>56812642
>>56812671
Really shitty deals this year and one product I was waiting to buy they just raised the price the day before black friday and then with the discount it was the same price as before

Bunch of crooks, but does not surprise me since a jew is in charge now, thinking of deleting my prime desu

[Anonymous No.56817543]

>>56817119
I wasn't talking shit, I was being honest. All these incels want to believe America is going to implode. All I can say is, I hope they're shorting

[Anonymous No.56817696]

>>56812621
People in distress will actually buy more as a way of retail therapy. It's better to measure the drop off after a one off yearly sale instead.

[Anonymous No.56817711]

>>56812621
Record sales after inflation. Are they 20% higher than last year, and 20% higher than the year before, and 20% the year before that. No, shut the fuck up. Its like 3% above record which doesnt match inflation for the last 3 years.

[Anonymous No.56817721]

Also high demand low supply = inflation, so this just means more pain. If people stopped spending their money and held onto it, the dollar would do the opposite and gain in purchasing power. They cant do that though because the dollars inflating and that would be dumb, so they can only spend spend spend and throw their weight further into it. Thats why the banks are raising rates, its why people are encouraged to max out debt because in 3 years itl be worth 30% of what it is now.

[Anonymous No.56817746]

Corporations dont lie right?

[Anonymous No.56817748]

>>56812941
OB dock in a FC is comfy as fuck once you out hustle the other retards into getting a better job where you are in charge of some process like managing the trucks or the sorting allocations.

[Anonymous No.56817811]

>>56812621
We are in a recession. This is an undeniable fact. NPCs who were so excited about Biden getting elected are constantly crying on tiktok about how they can't afford anything.
Also Black Friday is dead, it's a fact that for 2023 most people didn't shop on Black Friday. There are numerous reports and even footage of malls and big retailers being as empty of customers as a typical weekday. This means people likely waited until Cyber Monday, which is coincidentally what this stupid article is trying to spin as a huge win for Leftard economics.
There's a stupid drug for morons who go out of their way to find any crumb of info to reinforce their easily proven false biases, it's called copium.

I hope Biden does get elected again because it's obviously clear those who are hurt the most are the very same NPCs that voted for him. For the past few years this has been sweet schadenfreude and a great source of happiness to me.
If the U.S. were to be energy independent again with a booming and prosperous economy... this'll only give Leftoids more leisure time to create imaginary problems and more time to complain about said imaginary problems to the point where another moron like Obama or Biden gets elected. Rinse, repeat.

[Anonymous No.56817847]

>>56817543