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Posted on 10/11/23 at 8:53 am to MrLSU
quote:
inflation skyrockets
Posted on 10/11/23 at 8:58 am to MrLSU
I've been saying from the get go that it'll take > 10% to get it done. All this pussyfooting around is just prolonging things.
Posted on 10/11/23 at 9:00 am to MrLSU
quote:
September PPI inflation unexpectedly rises to 2.2%, above expectations of 1.6%.
Makes sense why they were parading around after the allegedly better than expected job numbers
Posted on 10/11/23 at 9:03 am to Sheep
quote:
I'm not sure what people thought was going to happen
They did know. This had to be intentional.
This is Econ 201 shite. It takes a bare minimum of financial understanding to see what is going on and what the end result will be.
There is no way these decisions were made expecting a different result than is occurring.
Posted on 10/11/23 at 9:03 am to Klark Kent
quote:
Big_Sur is now scouring the internet
Posted on 10/11/23 at 9:04 am to MrLSU
Must be really up then if they're admitting it now before their quiet revisions months later
Posted on 10/11/23 at 9:07 am to Sheep
So you’re just going to leave out the long list of ridiculous decisions made starting in January 2021?
Posted on 10/11/23 at 9:12 am to SloaneRanger
It’s crazy that a policy war on a commodity that touches every product that’s consumed would have an inflationary impact on consumers.
I’m fricking stunned. Hey, we got clean air and no global warming. Don’t worry, China and India are picking up our slack.
I’m fricking stunned. Hey, we got clean air and no global warming. Don’t worry, China and India are picking up our slack.
Posted on 10/11/23 at 9:16 am to LSUfanNkaty
quote:
You know that's based on your search history....
Lol beat me to it.
Posted on 10/11/23 at 9:18 am to MrLSU
quote:
September PPI inflation unexpectedly rises to 2.2%, above expectations of 1.6%.
Core PPI inflation rose to 2.7%, above expectations of 2.3%.
Joe's puppet-masters will spin this into a positive within 24 hrs.
Posted on 10/11/23 at 9:20 am to SloaneRanger
quote:
starting in January 2021?
Posted on 10/11/23 at 9:24 am to MrLSU
I like how inflation is now being treated as a horrible thing.
Anything sub 3% is normal. What isn’t normal was the near decade of almost flat inflation.
Anything sub 3% is normal. What isn’t normal was the near decade of almost flat inflation.
Posted on 10/11/23 at 9:26 am to MrLSU
quote:
skyrockets
Pump the breaks a bit...thank you
Posted on 10/11/23 at 9:29 am to geauxtigahs87
quote:
Bidenomics yall
Muh "created" jobs
This is such bullshite. Every president/congress since I've been alive has spent money like a drunken sailor. I'm not fan of Biden, but damn this falls on both sides of the spectrum. Rebuilding a country or two isn't exactly a great ROI.
Posted on 10/11/23 at 9:35 am to fareplay
quote:
Stocks are up
PPI is a leading indicator. It's not priced into the market yet, but will be soon.
Posted on 10/11/23 at 9:36 am to MrLSU
Posted on 10/11/23 at 9:42 am to BigPerm30
It’s crazy that a policy war on a commodity that touches every product that’s consumed would have
Give us some examples
Give us some examples
Posted on 10/11/23 at 9:44 am to SloaneRanger
So should the market be up 25% to account for it?
I argue with myself on this... lol
I argue with myself on this... lol
Posted on 10/11/23 at 9:45 am to Jcorye1
quote:
Every president/congress since I've been alive has spent money like a drunken sailor. I'm not fan of Biden, but damn this falls on both sides of the spectrum.
You do realize that people on the right and left are going to have an issue with your statement.
I’ve learned that being objective with politics is not well received in today’s world.
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