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re: Never mind your eyes and the actual prices you're paying...inflation is over!!!
Posted on 11/14/23 at 10:44 am to sidewalkside
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
1
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 10:46 am to Salmon
quote:
updating data every 6 months instead of annually seems like it would yield more accurate data, no?
Read what it says, though. They are still using a two-year moving average to smooth the changes. There's still a lag and not a real indication of current rates.
LSURussian understands this stuff better than most. Maybe he can chime in.
Posted on 11/14/23 at 10:46 am to LSURussian
quote:
My latest electricity/gas bill (month of October) was lower by more than 50% from September.
Isn't that normal for you know, fall weather?
Posted on 11/14/23 at 10:47 am to bayouvette
quote:
Let's forget about the last 2 years. Smh
Who is suggesting to forgot about the last two years?
Posted on 11/14/23 at 10:49 am to notiger1997
Posted on 11/14/23 at 10:52 am to The Boat
quote:
Good news, inflation is over. Ignore that everything is up 50% from 2 years ago.
First of all they ain't up 50%. Second of all inflation slowing, as the link suggests is happening, is not deflation, which is what you are talking about.
Posted on 11/14/23 at 10:52 am to dakarx
Still patiently waiting for my 38% raise so I can have the same purchasing power I did in 2019
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 10:55 am to ABearsFanNMS
Posted on 11/14/23 at 11:00 am to Salmon
quote:
The rate of inflation is slowing. It's a positive thing.
So we are supposed to be happy that inflation didn’t go up another 8% over the previous month. Until it gets back down to where it was before Pedo Joe took office I will not be happy. He is such an embarrassment representing our country. He can’t even walk up the stairs to Air Force One so now they let him go up the small steps at the back of the plane. What’s scary is if he croaked the person that would take his place is worse than him. And that’s saying something
Posted on 11/14/23 at 11:01 am to nicholastiger
This is bigger than the current idiot in the white house!
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%.
Posted on 11/14/23 at 11:06 am to sidewalkside
CPI is shite as it doesn't measure a lot of actual items people purchase.
Posted on 11/14/23 at 11:07 am to sidewalkside
I'm still trying to figure out how so many people can still afford to eat out all the time. That stretch of restaurants just north of Conroe on 45 stays packed.
Is my family the only suckers who tightened their belts? I mean we're OT rich, but we do ok.
Is my family the only suckers who tightened their belts? I mean we're OT rich, but we do ok.
Posted on 11/14/23 at 11:10 am to sidewalkside
Sweet Jesus, do you poor people ever shut up? God bless the free market and Capitalism. Don't like your economic situation? Work harder and improve it! This is one of the few countries where that can happen. If you stay poor, it is because your are either stupid or lazy....which is it?
Posted on 11/14/23 at 11:12 am to Miketheseventh
quote:
So we are supposed to be happy that inflation didn’t go up another 8% over the previous month.
well yeah... if it never stopped going up 8% a month we are gonna be in a lot more trouble than we already are.
Posted on 11/14/23 at 11:16 am to Corinthians420
I mean, I see the usual suspects posting in this thread that normally sky scream about political posts on the OT, but I haven't seen a single post mentioning it in this one.
Probably just an oversight.
Probably just an oversight.
Posted on 11/14/23 at 11:21 am to Miketheseventh
quote:
Until it gets back down to where it was before Pedo Joe took office I will not be happy.
LOL
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