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Message
Inflation not even close to finished with beating our arse,,
Posted on 6/10/22 at 7:51 am
Posted on 6/10/22 at 7:51 am
https://www.cnbc.com/2022/06/10/consumer-price-index-may-2022.html
Even with our current manipulated indexes inflation is the highest since 1981. If we were to have a real index that measured actual buiying power and reflected real family expenditures the rate would be double or more.
The problems with the CPI
quote:
Inflation accelerated further in May, with prices rising 8.6% from a year ago for the fastest increase since December 1981, the Bureau of Labor Statistics reported Friday.
Even with our current manipulated indexes inflation is the highest since 1981. If we were to have a real index that measured actual buiying power and reflected real family expenditures the rate would be double or more.
The problems with the CPI
This post was edited on 6/10/22 at 7:53 am
22
Posted on 6/10/22 at 7:52 am to Olderthandirt
I-bonds= $$$$
Posted on 6/10/22 at 7:53 am to Olderthandirt
(no message)
This post was edited on 11/7/22 at 7:25 am
Posted on 6/10/22 at 7:54 am to Olderthandirt
Welcome to Biden’s America
Posted on 6/10/22 at 7:57 am to jivy26
quote:
Nice way to increase tax revenue, without passing legislation to increase our taxes.
If so, it is a plan that has the intellect of every other government plan as their cost will go up more than any incease in revenue from inflation. Receipts would likely go down.
Posted on 6/10/22 at 7:57 am to Olderthandirt
It’s affecting nobody, boohoo you have to pay more for your F850 truck nuts boat lift.
This post was edited on 6/10/22 at 7:58 am
Posted on 6/10/22 at 7:58 am to Palmetto98
Posted on 6/10/22 at 7:59 am to TigerintheNO
quote:
I-bonds= $$$$
My wife and I both put the max we could into I bonds a few months ago. I wish I had put the max last year, too.
Posted on 6/10/22 at 7:59 am to Olderthandirt
81 million voted for it. Or so they say
Posted on 6/10/22 at 8:00 am to Olderthandirt
quote:
If we were to have a real index that measured actual buiying power and reflected real family expenditures the rate would be double or more.
The CPI isn’t meant to measure everyone specifically. You can always track what you purchase on a monthly basis to see how your own inflation is changing.
Posted on 6/10/22 at 8:00 am to Palmetto98
quote:
It’s affecting nobody
Wait, what?
Posted on 6/10/22 at 8:06 am to Palmetto98
quote:
It’s affecting nobody, boohoo you have to pay more for your F850 truck nuts boat lift.
Spoken like a child or an uneducated adult.
You have no clue what this is doing to the economy.
Posted on 6/10/22 at 8:08 am to Palmetto98
you’ve been on like a 72 hour melt about inflation this week, it’s impressive.
did your meds run out?
did your meds run out?
Posted on 6/10/22 at 8:09 am to BurningHeart
quote:
Spoken like a child or an uneducated adult. You have no clue what this is doing to the economy.
Let me know when it actually does please
Posted on 6/10/22 at 8:09 am to Olderthandirt
quote:
Inflation accelerated further in May, with prices rising 8.6% from a year ago
Only 8.6% my butt!
Posted on 6/10/22 at 8:10 am to Olderthandirt
But. But. The experts said it was transitory.
It’s not going to get better because nothing has changed. Deficits do matter.
It’s not going to get better because nothing has changed. Deficits do matter.
This post was edited on 6/10/22 at 8:13 am
Posted on 6/10/22 at 8:10 am to Palmetto98
quote:
Let me know when it actually does please
even you as dense as you are, will feel how much inflation is effecting Americans come November.
Posted on 6/10/22 at 8:12 am to Palmetto98
quote:
It’s affecting nobody, boohoo you have to pay more for your F850 truck nuts boat lift.
You have to be fake.
Posted on 6/10/22 at 8:12 am to Klark Kent
quote:
even you as dense as you are, will feel how much inflation is effecting Americans come November.
With the amount of people on vacations, buying expensive cars, and etc…I’m definitely convinced!! Quit fricking crying over your overpriced avocados!
This post was edited on 6/10/22 at 8:13 am
Posted on 6/10/22 at 8:12 am to FredBear
quote:
81 million voted for it. Or so they say
Wait, people voted for a major pandemic and the brink of WW3?
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