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re: Inflation is cratering

Posted on 4/1/25 at 3:08 pm to
Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
10460 posts
Posted on 4/1/25 at 3:08 pm to
April fools?
Posted by L1C4
The Ville
Member since Aug 2017
16554 posts
Posted on 4/1/25 at 3:38 pm to
Lol. Who you gonna believe, John/Eric or your lying eyes?
Posted by LightHeat
Member since Oct 2020
558 posts
Posted on 4/1/25 at 5:36 pm to
quote:

Groceries are definitely down from several weeks ago.


Inflation also seems to have been tamed in the stock market.
Posted by FATBOY TIGER
Valhalla
Member since Jan 2016
13090 posts
Posted on 4/1/25 at 5:59 pm to
Diesel is down but, I remain skeptical.
This post was edited on 4/1/25 at 6:07 pm
Posted by wackatimesthree
Member since Oct 2019
13162 posts
Posted on 4/1/25 at 6:04 pm to
There are a lot of people posting as though they think that inflation going down (if that is, in fact, what's happening) will result in prices falling.

Y'all know that's not how it works, right?

It means prices stop going up nearly as fast. It doesn't mean prices come down.
Posted by Robcrzy
Mandeville
Member since Nov 2007
1326 posts
Posted on 4/1/25 at 6:15 pm to
Truflation is a modern, decentralized inflation index aiming to offer a more transparent, real-time alternative to traditional inflation metrics like the U.S. Consumer Price Index (CPI). Instead of relying on surveys and delayed reporting like the Bureau of Labor Statistics, Truflation uses blockchain technology, real-world data sources, and oracles to calculate inflation daily.

Here’s how Truflation is calculated:

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1. Data Sources

Truflation pulls data from hundreds of public and private APIs—think e-commerce websites, insurance companies, food retailers, utility providers, and more. This gives it real-time prices across many categories of consumer goods and services.

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2. Category Weights

It uses a weighted basket of goods and services, much like the CPI. Truflation currently mirrors the same category weightings as the U.S. CPI (e.g., housing, transportation, food, medical care, etc.). These weights are based on how much each category contributes to the average household’s spending.
• Example: If food accounts for 13% of household spending, it holds that weight in the inflation calculation.

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3. Price Changes

Within each category, Truflation tracks actual price changes daily, using up-to-date market data.
• Example: If groceries from major stores go up 2% in a week, that 2% change affects the “food” portion of the index.

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4. Calculation

Each category’s price movement is multiplied by its weight, and then all those weighted changes are summed to get the overall inflation figure.

Formula (simplified):
Truflation Rate = S (Weight of Category × % Price Change of Category)

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5. Delivery via Blockchain

Truflation publishes its results on-chain via oracles like Chainlink, making the data tamper-resistant and publicly auditable.

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Bottom Line

Truflation’s goal is to cut out government lag and bias and deliver a faster, more transparent view of what your money is really doing in the real world. It’s like the CPI, but souped-up, decentralized, and updated
Posted by OceanMan
Member since Mar 2010
23155 posts
Posted on 4/1/25 at 7:12 pm to
quote:

There are a lot of people posting as though they think that inflation going down (if that is, in fact, what's happening) will result in prices falling. Y'all know that's not how it works, right? It means prices stop going up nearly as fast. It doesn't mean prices come down.


That’s not entirely true. Inflation is an index based on aggregated data. Prices for specific goods can certainly drop, with a net result of a shrinking rate that is still inflationary, without crossing into deflationary territory.

I mean certainly you are aware that prices can go down, right?
Posted by Penrod
Member since Jan 2011
55166 posts
Posted on 4/1/25 at 7:39 pm to
quote:

Inflation is cratering

Because the economy is crashing.

Is there another way to bring prices down? I’ve been predicting on here for months that Trump will cause a Reagan-like recession upon taking office. That will squeeze out inflation. He is using a novel way to do it - tariffs. But he’s getting three for one on those tariffs, not only the deflation, but also getting trade barriers against the US removed and NATO nations to increase defense spending.

When trade agreements are squared up, and inflation is history, Trump will remove the tariffs. At that point all of the investment in reshoring, and loose money, will cause the economy to boom.
Posted by Oneforthemoney
A town near you, la
Member since Dec 2013
2504 posts
Posted on 4/2/25 at 5:33 am to
quote:

Anything in a box goes for five bucks or more.


500+ lbs/ obese/ diabeetus
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