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Old 10-16-2021, 05:28 PM
  #121  
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Originally Posted by Tjeff View Post
At AA if you’re hired on the young side you’re looking at 20 years WB CA, 30 NB CA, most of those years with good seniority.
That was the problem I had when comparing waiting to flow and getting hired elsewhere. I would have got to AA in my late 40s. ACMI pays better than NB CA these days. Over a million dollars more in career earnings at ACMI for me than if I waited for flow. If you get to AA in your 20s, it's an awesome deal. For older guys, not so much.
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Old 10-16-2021, 05:34 PM
  #122  
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Originally Posted by Tjeff View Post
At AA if you’re hired on the young side you’re looking at 20 years WB CA, 30 NB CA, most of those years with good seniority.
For you and everyone else focused on how great it has to be, look back at threads from 2019, than read threads from 2020. You need to be emotionally/financially prepared for the unexpected shocks to the system. Additionally, airline management across the industry will be looking for ways to increase pilot supply and decrease demand. I can’t predict exactly how it will work out, but the rosy forecasts are likely wrong. Today’s too big to fail is tomorrow’s Lehman Bros.
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Old 10-16-2021, 05:40 PM
  #123  
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Originally Posted by tnkrdrvr View Post
For you and everyone else focused on how great it has to be, look back at threads from 2019, than read threads from 2020. You need to be emotionally/financially prepared for the unexpected shocks to the system. Additionally, airline management across the industry will be looking for ways to increase pilot supply and decrease demand. I can’t predict exactly how it will work out, but the rosy forecasts are likely wrong. Today’s too big to fail is tomorrow’s Lehman Bros.
Anybody that doesn’t think we are looking at serious inflation and quite possibly stagflation isn’t paying attention.
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Old 10-17-2021, 05:18 AM
  #124  
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Originally Posted by Excargodog View Post
Anybody that doesn’t think we are looking at serious inflation and quite possibly stagflation isn’t paying attention.
Might want to talk to your doctor about increasing your dose of prozac.

Yes, there are problems right now. Everyone sees them. Some may impact the industry. Some are actually helping the industry right now, and we will need to see how this all plays out.

To pretend that anyone knows how this is going to change aviation is laughable.
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Old 10-17-2021, 07:34 AM
  #125  
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Inflation is already here. The only two questions are whether it becomes stagflation and also whether it also turns into hyperinflation
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Old 10-17-2021, 08:40 AM
  #126  
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Originally Posted by SonicFlyer View Post
Inflation is already here. The only two questions are whether it becomes stagflation and also whether it also turns into hyperinflation
Hyperinflation? Seriously, put down the crack pipe. You really think you will see 50-100% inflation rates?

US hyperinflation would mean a global economic collapse in a scale never experienced in history.
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Old 10-17-2021, 09:13 AM
  #127  
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Originally Posted by dera View Post
Hyperinflation? Seriously, put down the crack pipe. You really think you will see 50-100% inflation rates?

US hyperinflation would mean a global economic collapse in a scale never experienced in history.
Almost like a great reset that we can build back better from
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Old 10-17-2021, 10:22 AM
  #128  
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Originally Posted by dera View Post
Hyperinflation? Seriously, put down the crack pipe. You really think you will see 50-100% inflation rates?

US hyperinflation would mean a global economic collapse in a scale never experienced in history.
You realize that 40% of dollars in existence were printed in the last year, right?
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Old 10-17-2021, 11:23 AM
  #129  
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Originally Posted by SonicFlyer View Post
You realize that 40% of dollars in existence were printed in the last year, right?
You realize that is not what inflation means, right?
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Old 10-17-2021, 04:55 PM
  #130  
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Originally Posted by SonicFlyer View Post
You realize that 40% of dollars in existence were printed in the last year, right?
More Dollars X Lower Velocity of those Dollars = Essentially Unchanged, thus NOT a cause of inflation.

Most of those extra government payments went to savings or paying down personal debt. They did not go to extra spending. My investment management firm presented clear graphs that show this. (Unfortunately I am not permitted to reproduce them here.)
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