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Started By
Message
CPI ticks up in November
Posted on 12/12/23 at 2:51 pm
Posted on 12/12/23 at 2:51 pm
Never underestimate Joe's ability to frick things up
CPI was up .1 MOM for November (but down .1 YoY, thanks almost solely to a drop in energy prices) with Core CPI remaining stuck at 4%.
CPI was up .1 MOM for November (but down .1 YoY, thanks almost solely to a drop in energy prices) with Core CPI remaining stuck at 4%.
6
Posted on 12/12/23 at 2:53 pm to Bard
But they said inflation is slowing.
L
O
L
L
O
L
Posted on 12/12/23 at 2:55 pm to Bard
Can you imagine how much book cooking is going on just to pretend it is only 4%?
Posted on 12/12/23 at 2:56 pm to loogaroo
quote:
But they said inflation is slowing.
No.
Potato said inflation was going down
Posted on 12/12/23 at 2:58 pm to loogaroo
quote:
But they said inflation is slowing.
Biden explained that the reason inflation isn't dropping is because businesses are not lowering their prices.
BTW, if anyone saw Biden's sit down with Zelensky an hour ago, it was fascinating to see the new fashion with neckties. Biden wore his tie dropping way below the zipper of his pants.
Posted on 12/12/23 at 2:58 pm to RaginCajunz
quote:
Can you imagine how much book cooking is going on just to pretend it is only 4%?
Yea they don’t include food and energy in the core figures.
Which are the two things every household needs on a daily basis.
How convenient
Posted on 12/12/23 at 3:03 pm to TigerAttorney
quote:
Yea they don’t include anything you are required to buy to live in the core figures.
fixed
the inflation numbers only use things that will get them the numbers they want to pretend are real
Posted on 12/12/23 at 3:07 pm to TigerAttorney
quote:
Yea they don’t include food and energy in the core figures.
Core was up because the only thing really pulling the numbers down is energy with Shelter being a big driver as rents continue to grow.
Posted on 12/12/23 at 3:11 pm to Zach
quote:
Biden explained that the reason inflation isn't dropping is because businesses are not lowering their prices.
Greedy bastards. Imagine wanting to have a profitable business.
Posted on 12/12/23 at 3:14 pm to Bard
Problem is people see statistics they way they want. So many BS stat charts showing growth in jobs and or prices dropping.
Whether they are accurate or not people believe the narrative the admin is pushing if they are Dems.
There is no hope for most of em.
Whether they are accurate or not people believe the narrative the admin is pushing if they are Dems.
There is no hope for most of em.
Posted on 12/12/23 at 3:21 pm to Bard
quote:
drop in energy prices
What? What???
Posted on 12/12/23 at 3:32 pm to Bard
I noticed the Gaslight Media is emphasizing pump prices are down which has eased the inflation burden on working class Americans.....they also report Bidenomics is working. 
Posted on 12/12/23 at 3:34 pm to Bard
Those billions of dollars that Biden spent to fight inflation just haven't had a chance to kick in yet. Just wait until those dollars all find their ways into pockets to see prices really plummet!
Posted on 12/12/23 at 3:54 pm to loogaroo
quote:
But they said inflation is slowing.
It is. Used cars where the reason it was slightly up
Posted on 12/12/23 at 4:00 pm to SDVTiger
Inflation will climb again by the end of January. OPEC is cutting one million barrels to drive up prices again ....
When the bulk of the employment numbers are in two sectors ....Government employment and seasonal hires ......The employment sector is based on lies ....exactly what Obama did during his tenure ...
When the bulk of the employment numbers are in two sectors ....Government employment and seasonal hires ......The employment sector is based on lies ....exactly what Obama did during his tenure ...
Posted on 12/12/23 at 4:36 pm to bluedragon
quote:
Inflation will climb again by the end of January. OPEC is cutting one million barrels to drive up prices again ....
They’ve cut and cut and cut, while American producers drill and drill and drill and prices have tanked. I’d be more worried the Saudis say frick it, we need to teach these frickers a lesson again, and they open up the chokes and crash prices.
This post was edited on 12/12/23 at 4:42 pm
Posted on 12/12/23 at 4:44 pm to RaginCajunz
quote:
Can you imagine how much book cooking is going on just to pretend it is only 4%?
Ironically, the book cooking was done after the government got clowned by inflation in the 80s. It's actually working against them right now because of how lagged certain price increases are to the current market.
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