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How high does inflation and the cost of living have to go up before it’s not “political”?

Posted on 10/15/21 at 11:15 am
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57204 posts
Posted on 10/15/21 at 11:15 am
5%
10%
50%

What says the OT lemmings with their heads up their asses ?
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51209 posts
Posted on 10/15/21 at 11:17 am to
When it gets to levels we've never seen before?
Posted by Chad504boy
4 posts
Member since Feb 2005
166028 posts
Posted on 10/15/21 at 11:18 am to
quote:

How high does inflation and the cost of living have to go up before it’s not “political”?


trick question: who is president?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/15/21 at 11:18 am to
I Bonds are going over 7% but it’s “transitory”
Posted by blueboxer1119
Baton Rouge
Member since May 2013
7948 posts
Posted on 10/15/21 at 11:19 am to
Prepare for over 10% increase in 2 yrs.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57204 posts
Posted on 10/15/21 at 11:20 am to
quote:

When it gets to levels we've never seen before?


Brace your taint stain

We are about to print 70% of every dollar ever printed in history over the last 18 months
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51209 posts
Posted on 10/15/21 at 11:20 am to
quote:

I Bonds are going over 7% but it’s “transitory”



Link? For real, curious.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70645 posts
Posted on 10/15/21 at 11:23 am to
If Bad Orange Man is in charge, it's the worst economic crisis in history and is especially harmful to marginalized communities.

If Brandon is president, it's irrelevant because hot dogs are two cents cheaper than last year.
Posted by Ajo Devil
Tempe, AZ
Member since Sep 2006
2428 posts
Posted on 10/15/21 at 11:24 am to
'bout 350
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/15/21 at 11:25 am to
quote:

New inflation rate prediction. March 2021 CPI-U was 264.877. September 2021 CPI-U was 274.310, for a semi-annual increase of 3.56%. Using the official formula, the variable component of interest rate for the next 6 month cycle will be 7.12%.
LINK
Posted by Sun God
Member since Jul 2009
44874 posts
Posted on 10/15/21 at 11:25 am to
Honestly why does anyone care about any of this stuff? Of course everyone here will make it political. That’s what this board is for ever since Trump got elected. Inflation has always gon up and gone down.

I know a guy who’s son has let it take over his whole life. Constantly posts on the internet, attending rallies, refusing the vax, the whole yards. We’ve talked and I just shake my head and so does my friend. These things come and go. One day she will wake up we all know it.

The bottom line is y’all Trump supporters who voted for a Republican have made everything too political when it’s best just to let these things go and aw frick my wheelchair fell over
This post was edited on 10/15/21 at 11:29 am
Posted by Hangover Haven
Metry
Member since Oct 2013
26379 posts
Posted on 10/15/21 at 11:26 am to
I don't know but I just paid $22 for 4#'s of Wrights Applewood smoked bacon at Sam's...
This post was edited on 10/15/21 at 11:27 am
Posted by OceanMan
Member since Mar 2010
19961 posts
Posted on 10/15/21 at 11:27 am to
The reasons for inflation are obviously political

People need to stop being afraid of talking politics. We have reached a tipping point that Washington is ignoring the country’s best interests. They currently are arguing in front of our faces that the only possible way to pay our country’s debt is to raise more debt, and got pissy that they couldn’t raise the ceiling any further so they could put us into $3T+ more debt immediately. This is all while we are experiencing inflation due to unprecedented monetary policy measures implemented over the past year.

Anyone with a brain can see this is a bad plan, let’s not hide behind “politics” a it’s their damn fault
Posted by bulldog95
North Louisiana
Member since Jan 2011
20682 posts
Posted on 10/15/21 at 11:28 am to
When everyone is told what day to go to store and what they can buy.

Posted by WavinWilly
Wavin Away in Sharlo
Member since Oct 2010
8781 posts
Posted on 10/15/21 at 11:28 am to
quote:

Honestly why does anyone care about any of this stuff?


Why does anyone care about inflation? Really?
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 10/15/21 at 11:28 am to
When the masses are no longer able to afford their fill of twinkies and hohos. That’s when it is going to get real.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 10/15/21 at 11:29 am to
By a show of votes (up - yes; down - no), check in if you have taken and passed both macro and micro economics classes?
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51209 posts
Posted on 10/15/21 at 11:29 am to
quote:

quote:
New inflation rate prediction. March 2021 CPI-U was 264.877. September 2021 CPI-U was 274.310, for a semi-annual increase of 3.56%. Using the official formula, the variable component of interest rate for the next 6 month cycle will be 7.12%.
LINK



We saw 7% ~20 years ago, didn't we?
Posted by tom
Baton Rouge
Member since Jun 2007
8150 posts
Posted on 10/15/21 at 11:32 am to
quote:

When it gets to levels we've never seen before?

We are already there.
Posted by GumboPot
Member since Mar 2009
118550 posts
Posted on 10/15/21 at 11:33 am to
quote:

Honestly why does anyone care about any of this stuff?


If you don't care can you pay the OT the difference in the costs of food and energy using January 1, 2020 as the baseline?

Thanks for the generous gift.
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