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re: Annual inflation reading coming in at 6.5%...Not good

Posted on 11/13/26 at 8:32 am to
Posted by Bunk Moreland
Member since Dec 2010
71801 posts
Posted on 11/13/26 at 8:32 am to
FLTech says the restaurants in his corner of Atlanta are packed every night.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
26662 posts
Posted on 11/13/26 at 8:39 am to
quote:

Home Sales are stalled.

Vehicle Sales are stalled.


These two need to crash. The economy will be better if they do.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
14919 posts
Posted on 11/13/26 at 8:43 am to
quote:

Something is going to have to give...interest rates? The economy? Tariffs?


It’s going to be with us for a while and it stems from the ridiculous Covid response. Maybe it wasn’t a good idea to shut down the world. Nothing the Fed does will have a meaningful effect. Tariffs are a necessary evil to some extent whether you like it or not. We have to have industry and build things here. Can’t keep relying on cheap, exploitable foreign labor.
Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
142376 posts
Posted on 11/13/26 at 8:47 am to
quote:

Something is going to have to give...interest rates? The economy? Tariffs?
The cause of inflation >2% is known ... at least 2/3rds is d/t oil. Raising the Fed Rate will not do a damn thing to address oil related increases. Aggressively raising rates may successfully bring on a recession though.
Posted by JellyRoll
Member since Apr 2024
2606 posts
Posted on 11/13/26 at 8:50 am to
You're kind of dumb, aren't you.
Posted by Tomatocantender
Boot
Member since Jun 2021
5992 posts
Posted on 11/13/26 at 8:52 am to
quote:

Aggressively raising rates may successfully bring on a recession though.


Spot the frick on. This is my biggest fear because all Fed guidance being given points to a Hawkish, tightened tone, at least in the next 6 months to a year.
Posted by Rip Torner
Member since Jul 2023
4743 posts
Posted on 11/13/26 at 8:53 am to
Hey genius, it’s because of fuel shortages associated with Iran and Russia. Fuel prices are already coming down so it’s a lagging indicator. Tariffs have had very impacts on most industries outside of certain produce and manufacturing industries. Home sales and vehicle sales are stagnant because of high labor costs for vehicles which are never coming down and home sales are stagnant because of higher interest rates with combined over valuation of homes. Raising interest rates won’t do anything to fuel driven price spikes but it has further depressed the housing market. Mortgage rates are going to have to drop to a more affordable level to get buyers back in the market. The car industry largely did it to itself over high labor costs and ridiculously unnecessary technology
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
102369 posts
Posted on 11/13/26 at 8:54 am to
quote:

Is this sarcasm?


Clearly not

quote:

The October 2026 Producer Price Index (PPI) confirmed that monthly wholesale inflation cooled significantly to 0.3% (down from a revised 1.4% surge in September)
Posted by dgnx6
Member since Feb 2006
92661 posts
Posted on 11/13/26 at 8:56 am to
quote:

What about Biden in 3,2,1


It was higher under Biden. So how are the Democrats going to bring down inflation?

Ppi and cpi are not the same either. Just for those seeing 6.5% thinking that's the inflation number.






Posted by dgnx6
Member since Feb 2006
92661 posts
Posted on 11/13/26 at 8:58 am to
quote:

FLTech says the restaurants in his corner of Atlanta are packed every night


They probably are since wages are outpacing inflation.


Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
102369 posts
Posted on 11/13/26 at 8:58 am to
quote:

It was higher under Biden. So how are the Democrats going to bring down inflation?

Ppi and cpi are not the same either. Just for those seeing 6.5% thinking that's the inflation number.



Retardgator isnt the brightest
Posted by wackatimesthree
Member since Oct 2019
16122 posts
Posted on 11/13/26 at 8:59 am to
quote:

You're kind of dumb, aren't you


Not even close, no.

Thanks for asking, though.
This post was edited on 11/13/26 at 9:00 am
Posted by roadGator
DeBoar’s hollow dome
Member since Feb 2009
161510 posts
Posted on 11/13/26 at 9:00 am to
quote:

wages are outpacing inflation.


Source?
Posted by roadGator
DeBoar’s hollow dome
Member since Feb 2009
161510 posts
Posted on 11/13/26 at 9:00 am to
Said unironically
Posted by notiger1997
Metairie
Member since May 2009
62298 posts
Posted on 11/13/26 at 9:02 am to
quote:

restaurants in his corner of Atlanta are packed every night.


It’s probably true.
People are still spending like crazy, which is partly why inflation is so high.
Posted by dgnx6
Member since Feb 2006
92661 posts
Posted on 11/13/26 at 9:02 am to
quote:

Retardgator isnt the brightest



I know they are and this thread is extremely dishonest.

Inflation is 3.2-3 4%.

These idiots also forgot the government shut down last October, lots of short memories here. Which is how Democrats get elected.




Posted by wackatimesthree
Member since Oct 2019
16122 posts
Posted on 11/13/26 at 9:06 am to
quote:

We have to have industry and build things here.


We do have industry and we do build things here. We're second in manufacturing in the world. Unless we're talking about national security items that we currently depend on foreign manufacturing for (and there are other ways of solving that problem), there's absolutely no reason we can't manufacture whatever the numbers dictate makes sense here and outsource whatever the numbers dictate that it would be less expensive to outsource.

quote:

Can’t keep relying on cheap, exploitable foreign labor.


Of course we can. In fact, "globalization" is one of the huge factors that allowed inflation to stay as low as it did from the late 90s up to COVID.

Interest rates too.

quote:

It’s going to be with us for a while and it stems from the ridiculous Covid response.


This, however, is the correct answer.



Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
102369 posts
Posted on 11/13/26 at 9:08 am to
Those types of posters got duped by Bryan Tyler Cohens bot farm about affordability

I mean look how dumb the op is

Someone needs to change the title
Posted by geauxEdO
Member since Aug 2017
378 posts
Posted on 11/13/26 at 9:12 am to
quote:

So it is not as high as it was 4 years ago. The auto pen set inflation records, did it not?


acting like 6.5% inflation is a win because it’s lower than 2022 is pathetic.
Posted by Tomatocantender
Boot
Member since Jun 2021
5992 posts
Posted on 11/13/26 at 9:15 am to
quote:

there are other ways of solving that problem), there's absolutely no reason we can't manufacture whatever the numbers dictate


A manufacturing boom doesn't happen in a time period of rising interest rates, which is why Trump ran on a platform of a lowered interest rate environment. I fail to see what Trump has done in these 2 years to get us to a lowered interest rate environment, nor can I see what he has planned in the next 2 years to allow the Fed to lower.
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