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Message
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
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 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 10:03 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 10:07 am to sidewalkside
quote:DRAMA QUEEN!!!!!!!!!!!!!!!
inflation is over!!!
Nobody is saying "inflation is over." SMFH...
Posted on 11/14/23 at 10:09 am to sidewalkside
Riveting information posted here
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 10:13 am to sidewalkside
Joe Biden has really delivered for the American people.
High Inflation
high Interest rates
High illegal immigration
.....
High Inflation
high Interest rates
High illegal immigration
.....
Posted on 11/14/23 at 10:21 am to sidewalkside
The propagandists hate the issue of inflation because it's much harder for them to spin or pull the wool over people's eyes. Even the dumbest prole out there tends to notice sticker shock when they grab a few items at the grocery store, pay their bills, buy gas, shop for a used car, etc...
Posted on 11/14/23 at 10:27 am to sidewalkside
still well above the target, and probably will stay well above the target for who knows how long
Posted on 11/14/23 at 10:28 am to sidewalkside
Unless you have deflation, the prices you see now are here to stay and are not returning to pre 2020 levels.
inflation has already happened.....and although it is slowing sown, that doesn't mean prices will return to old levels. that just means they are not growing as fast as they were last year.
inflation has already happened.....and although it is slowing sown, that doesn't mean prices will return to old levels. that just means they are not growing as fast as they were last year.
Posted on 11/14/23 at 10:30 am to sidewalkside
Inflation isn’t a problem if you make enough money to cover it
Posted on 11/14/23 at 10:43 am to sidewalkside
Understanding the distinction between inflation and high prices is crucial for economic analysis.
Inflation is the CHANGE in prices in a basket of goods over time, which is DECELERATING. Stayed another way, inflation = the rate of change of prices. Just because prices are high doesn't mean inflation is accelerating, even if you don't like it!
Prices can still go up 2%/ year and the Fed can claim victory. Inflation “going away” won’t lower prices.
Inflation is the CHANGE in prices in a basket of goods over time, which is DECELERATING. Stayed another way, inflation = the rate of change of prices. Just because prices are high doesn't mean inflation is accelerating, even if you don't like it!
Prices can still go up 2%/ year and the Fed can claim victory. Inflation “going away” won’t lower prices.
Posted on 11/14/23 at 10:44 am to sidewalkside
Inflation is flat from last month! Yea. Let's forget about the last 2 years. Smh
Posted on 11/14/23 at 10:44 am to sidewalkside
quote:
sidewalkside
Never mind your eyes and the actual prices you're paying...inflation is over!!!
dude what are you freaking out about?
the article says "Inflation was flat in October from the prior month, core CPI hits two-year low"
not that all the inflation that happened is gone.
Posted on 11/14/23 at 10:53 am to sidewalkside
If you want to see the inflationary impact go to your Amazon account and order something. Before they take you to the checkout it tells you all the price changes that have occurred since you bought items last.
Posted on 11/14/23 at 11:02 am to sidewalkside
quote:
Never mind your eyes
Your acceleration can be zero when flying at the speed of sound.
Inflation can be zero when paying a fortune for basic goods.
OP doesn't seem to grasp the concepts.
Posted on 11/14/23 at 11:03 am to sidewalkside
Groceries alone has gone up 10X 3.2%.
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