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Started By
Message
So, this inflation is 8% annualized?
Posted on 4/12/22 at 12:48 pm
Posted on 4/12/22 at 12:48 pm
They're telling me things that cost $10 this time last year, costs only $10.80 today?
bullshite.
bullshite.
23
Posted on 4/12/22 at 1:00 pm to East Coast Band
I don't think this wonderful, honest government include fuel or food when calculating the CPI. Kinda like how they count "unemployment"
Posted on 4/12/22 at 1:00 pm to East Coast Band
LINK
There is a thread complaining about steak prices being ridiculous from almost the same time last year.
There is a thread complaining about steak prices being ridiculous from almost the same time last year.
Posted on 4/12/22 at 1:01 pm to East Coast Band
quote:
They're telling me things that cost $10 this time last year, costs only $10.80 today?
They also told you that masks prevented the spread, Vaccines were effective, and the vegetable was the most popular president ever.
(They've been lying to you)
Posted on 4/12/22 at 1:04 pm to East Coast Band
Your 4th of July last year was cheap though.
Posted on 4/12/22 at 1:05 pm to East Coast Band
Posted on 4/12/22 at 1:09 pm to stout
Posted on 4/12/22 at 1:41 pm to East Coast Band
Wake up and smell the government lying to you.
Posted on 4/12/22 at 1:46 pm to East Coast Band
I put everything on a credit card and pay it off monthly. Been doing that for years. I haven’t changed my life style and my monthly payment definitely feels way higher than 8%.
Posted on 4/12/22 at 1:48 pm to dlambe5
quote:
I put everything on a credit card and pay it off monthly. Been doing that for years. I haven’t changed my life style and my monthly payment definitely feels way higher than 8%.
Exact same here. We haven't changed our spending habits (except for cutting out a few small things here and there), but when it comes time to pay the CC bill every month, it's plain as day our costs are up significantly more than 8%
Posted on 4/12/22 at 1:51 pm to East Coast Band
Pedo joey's party changed how this was calculated the day the came to power. It is probably closer to double that.
Posted on 4/12/22 at 2:15 pm to East Coast Band
Inflation is easier to understand if we recognize it as a fall in the purchasing power of money instead of a general rise in prices of goods.
Posted on 4/12/22 at 2:43 pm to Ronaldo Burgundiaz
Annualized.... Monthly.
Posted on 4/12/22 at 3:08 pm to East Coast Band
It is analized. Guess whose they are using? 
Posted on 4/12/22 at 3:11 pm to East Coast Band
Along with the current unemployment rate being only 3.6%. I have never plugged into the way that figure is calculated but something is fishy.
Posted on 4/12/22 at 3:12 pm to East Coast Band
Brisket still the same price
This post was edited on 4/12/22 at 3:12 pm
Posted on 4/12/22 at 3:15 pm to dlambe5
quote:
I put everything on a credit card and pay it off monthly. Been doing that for years. I haven’t changed my life style and my monthly payment definitely feels way higher than 8%.
I bet if you add them up it is at least 23% higher. These numbers are comical. I know certain products at Wal-Wart that are currently 36% higher than one year ago. I have bought those products stand-alone at least once every two weeks for the last year and have watched the price increase at least quarterly.
Posted on 4/12/22 at 3:24 pm to East Coast Band
Salad in a bag, limited and scaled back vacations, campbells soup, very very little red meat, no unnecessary purchases, very limited eating out, conserving gas and energy, etc. That’s my reality.I make a very comfortable living but I have a certain spending ethic that was drilled into me as a kid. I just won’t pay these prices on principle.
Posted on 4/12/22 at 4:13 pm to tiger7166
quote:
don't think this wonderful, honest government include fuel or food when calculating the CPI.
Last time I checked, consumers buy fuel and food and need both to survive, therefore it makes no sense not including consumer products in the consumer price index. Now if they want to discard tranny dicks because Republicans don’t use them, that would be fine.
This post was edited on 4/12/22 at 4:14 pm
Posted on 4/12/22 at 4:31 pm to Hurricane Mike
quote:I'm not sure what is being discussed here, but the headline inflation number includes food and energy, while the core inflation number removes those 2 since they are more volatile (e.g., gas prices here are down quite a bit from their high a few weeks ago) whereas everything else is more durable and sticky.
Last time I checked, consumers buy fuel and food and need both to survive, therefore it makes no sense not including consumer products in the consumer price index.
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