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Started By
Message
1
Posted on 11/14/23 at 10:13 am to Clyde Tipton
quote:
I can't stand when people that say this, or that it's slowing.
quote:
they've just leveled off now
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 10:14 am to jaytothen
quote:
Energy is down but amazingly my electric bill went up.
from September? I don't know how that is possible
Posted on 11/14/23 at 10:15 am to Salmon
quote:Actually, he's not very intelligent and he's just trying to compensate for it.
Exactly how many times did you vote for Biden in the last election?
You're flailing.
Posted on 11/14/23 at 10:19 am to sidewalkside
Your whole schtick sucks.
Posted on 11/14/23 at 10:19 am to LSURussian
quote:
he's not very intelligent
And what is your intelligent addition to this topic?
Posted on 11/14/23 at 10:20 am to JohnnyKilroy
quote:
that it's slowing.
quote:
they've just leveled off now
What's the gotcha?
Leveled off on a single month to month, but it will continue. Likely speed up...
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 10:26 am to sidewalkside
quote:Correcting your OP statement that says people are claiming "inflation in over."
And what is your intelligent addition to this topic?
You're the Drama Queen of outlandish exaggerations.
Absolutely no one is saying "inflation is over."
The markets are reacting this morning to inflation slowing in the latest report.
But since you obviously don't know what "inflation" means, that distinction escapes you.
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 10:30 am to nicholastiger
quote:
Everything will still be expensive until the man in the White House changes
Y'all are nuts. Never change.
Posted on 11/14/23 at 10:33 am to Salmon
quote:
The rate of inflation is slowing. It's a positive thing.
Is it or are they are just playing with the numbers?
quote:
GURGAVIN
@gurgavin
·
17m
I SEE A LOT OF PEOPLE MENTION TODAYS CPI REPORT SHOWED HEATH INSURANCE COSTS ARE DOWN 34% Y/Y AND HOW THATS NOT TRUE
THE REALITY IS THAT IT’S NOT DOWN 34% BUT THE WAY ITS CALCULATED WAS CHANGED
BLS THE AGENGY THAT CALCULATES CPI LITERALLY TOLD US LAST MONTH THEY ARE CHANGING IT
LINK
Posted on 11/14/23 at 10:34 am to TBoy
quote:
Y'all are nuts. Never change.
quote:
TBoy
Posted on 11/14/23 at 10:37 am to stout
quote:
they are just playing with the numbers?
Does the new methodology, updating every 6 months instead of annually, change the data more favorably?
Posted on 11/14/23 at 10:40 am to Salmon
quote:
Does the new methodology, updating every 6 months instead of annually, change the data more favorably?
I didn't go full dive into it. Just saw someone post that in my thread on the PT but I don't see how it couldn't in the short term (CPI calculations) when it shows a 34% decrease.
This post was edited on 11/14/23 at 10:41 am
Posted on 11/14/23 at 10:42 am to stout
I have no idea how they calculate this stuff. But to a dumb person like me, updating data every 6 months instead of annually seems like it would yield more accurate data, no?
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.
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