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Never mind your eyes and the actual prices you're paying...inflation is over!!!
Posted on 11/14/23 at 9:57 am
Posted on 11/14/23 at 9:57 am
LINK
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy and giving a potential green light to the Federal Reserve to stop raising interest rates.
But if you read the very next paragraph...
The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month,
So month over month it's flat but year over year it's up 3.2% but don't look at that
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy and giving a potential green light to the Federal Reserve to stop raising interest rates.
But if you read the very next paragraph...
The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month,
So month over month it's flat but year over year it's up 3.2% but don't look at that
30
Posted on 11/14/23 at 10:00 am to sidewalkside
Everything will still be expensive until the man in the White House changes
Posted on 11/14/23 at 10:01 am to nicholastiger
quote:
Everything will still be expensive until the man in the White House changes
A republican president results in deflation?
uh oh
Posted on 11/14/23 at 10:01 am to sidewalkside
I'm really confused as to what you are so upset about 
It literally gives you all the information in that article.
The rate of inflation is slowing. It's a positive thing.
It literally gives you all the information in that article.
The rate of inflation is slowing. It's a positive thing.
Posted on 11/14/23 at 10:02 am to sidewalkside
Good news, inflation is over. Ignore that everything is up 50% from 2 years ago.
Posted on 11/14/23 at 10:02 am to nicholastiger
quote:
Everything will still be expensive until the man in the White House changes
Because we didn’t massively overprint currency when Trump was in office?
Posted on 11/14/23 at 10:03 am to sidewalkside
And not counting food or energy (which nobody needs/uses).
Posted on 11/14/23 at 10:03 am to sidewalkside
CPI is a lagging indicator.
Prices will never fall all the way back down or, perhaps, not fall much at all...corporations are gonna corporation. But flat? I'll take flat after the way the last year has been.
Prices will never fall all the way back down or, perhaps, not fall much at all...corporations are gonna corporation. But flat? I'll take flat after the way the last year has been.
Posted on 11/14/23 at 10:04 am to Salmon
Like I said before...you probably pronounce the "L" in Salmon
Posted on 11/14/23 at 10:06 am to Ace Midnight
quote:
And not counting food or energy (which nobody needs/uses).
There's one!
Posted on 11/14/23 at 10:06 am to Ace Midnight
quote:
And not counting food or energy (which nobody needs/uses).
It would be lower if you counted food and energy since energy dropped in October
Posted on 11/14/23 at 10:07 am to sidewalkside
quote:DRAMA QUEEN!!!!!!!!!!!!!!!
inflation is over!!!
Nobody is saying "inflation is over." SMFH...
Posted on 11/14/23 at 10:08 am to Salmon
quote:Shhhh
It would be lower if you counted food and energy since energy dropped in October
Posted on 11/14/23 at 10:09 am to sidewalkside
Riveting information posted here
Posted on 11/14/23 at 10:10 am to nicholastiger
quote:
Everything will still be expensive until the man in the White House changes
Everything will remain expensive...inflation is horrible...but deflation can be a sign of much bigger problems.
Posted on 11/14/23 at 10:10 am to Salmon
quote:
It would be lower if you counted food and energy since energy dropped in October
Energy is down but amazingly my electric bill went up.
Posted on 11/14/23 at 10:11 am to Salmon
quote:
Salmon
Exactly how many times did you vote for Biden in the last election?
Posted on 11/14/23 at 10:11 am to sidewalkside
quote:
inflation is over!!!
So dishonest. I can't stand when people that say this, or that it's slowing.
The prices aren't going back to what they were, they've just leveled off now that they are much higher.
Posted on 11/14/23 at 10:12 am to sidewalkside
quote:
Exactly how many times did you vote for Biden in the last election?
You're flailing.
Posted on 11/14/23 at 10:13 am to jaytothen
quote:If it did you must be leaking electrons somewhere.
Energy is down but amazingly my electric bill went up.
My latest electricity/gas bill (month of October) was lower by more than 50% from September.
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