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re: Inflation numbers come in a little hotter than anticipated

Posted on 10/10/24 at 9:27 am to
Posted by Bass Tiger
Member since Oct 2014
55732 posts
Posted on 10/10/24 at 9:27 am to
quote:

quote:Overall prices are up 20.5% lol! I wish


Total/accumulated inflation over the past 3 years is easily 25-30%
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
49520 posts
Posted on 10/10/24 at 9:32 am to
quote:

microwaved diaper full of baby food turds & tuna fish.

DAMN MAN!! - show some mercy!!! -
Posted by Crimson Wraith
Member since Jan 2014
30093 posts
Posted on 10/10/24 at 9:42 am to
Numbers will be "adjusted" later.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 9:49 am to
You can say that again!!
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 9:50 am to
Bingo!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98005 posts
Posted on 10/10/24 at 9:54 am to
quote:

Shocking that cutting rates when according to the Feds own metrics/prior comments it was still premature, is going to be inflationary.


Its clear that many of you dont know how to read the report
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 9:56 am to
Why read it? I see about the same amount of truthful information as I see on my used toilet paper
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98005 posts
Posted on 10/10/24 at 10:03 am to
quote:

Why read it?


I wouldnt expect you to since you wouldnt understand it

But how do you at the same time believe the report headline
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 10:05 am to
Thanks ole wise one!

I anxiously await your wisdom! I’m sure you have consulted with your buddy displaced cuckeye
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98005 posts
Posted on 10/10/24 at 10:05 am to
Thats what i figured
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 10:09 am to
Why do think I believe the report headline?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98005 posts
Posted on 10/10/24 at 10:12 am to
Because you responded to a poster that believes the headline with bingo

Good grief
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299280 posts
Posted on 10/10/24 at 10:16 am to
quote:

They even said the economy was at "maximum employment" after announcing the 50 bps cut.


The economy isn't working, we've been borrowing and manipulating at full employment for 15 years

In classic economics, that's an econ.y that doesn't work.

"Growing" the economy at full employment is how you end up with ope borders.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 10:20 am to
I don’t believe anything coming from the federal bureaucracy. It wasn’t expected to be under control. They know inflation has not been adequately suppressed. It was a completely political move to cut rates. I said we’re going to see “resurgence” (wink wink) of inflation after the cut. Not that I believe the cut was the stimulus but rather inflation was still a problem. Of course it’s only transitory /s
This post was edited on 10/10/24 at 10:21 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98005 posts
Posted on 10/10/24 at 10:23 am to
You can just say you dont know how to read the report and you beleived the headline
Posted by trinidadtiger
Member since Jun 2017
19974 posts
Posted on 10/10/24 at 10:23 am to
Regarding employment numbers.

Illegals were given SS# so when they go to work they are jobs added. But they arent in the "denominator" of that equation because they are not citizens counted in the census (very few, particularly since the census was a few years ago).

So they would be counted in jobs added AND reduce the overall percentage of unemployed.

Is the federal government just pretending 11 million more illegals arent having any impact on the economy, particularly the detrimental effect on employment?
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 10:25 am to
You’re just as slimy as displaced Cuckeye. Don’t like what you read & proceed to attack the poster. You be you displaced!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98005 posts
Posted on 10/10/24 at 10:27 am to
You clowns always lash out when you get caught being dumb. You are no different than cuckeye he does the same

Its ok to admit you dont know what you are talking about
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98005 posts
Posted on 10/10/24 at 10:28 am to
quote:

Regarding employment numbers.


Powell said this

He also said they dont believe the last BLS jobs report hencd why they are on track for .25 .25 or more
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 10:29 am to
quote:


Its ok to admit you dont know what you are talking about



then you shouldn't feel ashamed
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