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re: Inflation numbers come in a little hotter than anticipated

Posted on 10/10/24 at 10:32 am to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98026 posts
Posted on 10/10/24 at 10:32 am to
Says the guy who believed the headline then lashed out like a child when called out

You probably are cuckeye alter
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
59248 posts
Posted on 10/10/24 at 10:32 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.


The .5 cut was foolish, and I believe time will prove that, but blaming September's CPI failure on the rate cuts which didn't happen til mid-month makes no sense.

quote:

If you properly account (discount) for the roaring government spending that is disproportionately propping up the GDP are we ready to admit stagflation is here?


We would be in a serious recession if it weren't for ongoing consumer and federal debt creation. The problem is that basic math says you can't deficit spend yourself into prosperity. The longer we see consumers and the federal government doing this in increasing amounts, the worse it's going to be when that debt bubble pops.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
20082 posts
Posted on 10/10/24 at 10:32 am to
quote:

You and I don't agree on a lot but we agree here. Rates need to hold steady for a while. We aren't in the clear at all yet. The soft landing is bullshite.


The people clamoring for lower rates are the same people complaining that housing is too expensive. They don’t see that ZIRP for an extended time created a lot of the mess we’re dealing with now.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 10:33 am to
show me where I believed the headline? be specific. don't be vague
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98026 posts
Posted on 10/10/24 at 10:36 am to
Its already been answered

Im sorry your iq is on par with Mamala
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 10:43 am to
no you didn't. you said I agreed with the other poster's comments by saying "bingo"

"it was still premature" - I agree

"If you properly account (discount) for the roaring government spending that is disproportionately propping up the GDP are we ready to admit stagflation is here?" - I agree

The “soft landing” looks to have been in a pit of quicksand. - I agree

didn't see any of that in the headline


clarification: you insinuated I believed the headline because I said "bingo" to the comments
This post was edited on 10/10/24 at 10:47 am
Posted by Jasharts77
Knoxville
Member since Nov 2019
1105 posts
Posted on 10/10/24 at 10:47 am to
Suck it up. The guys in the little hats need Russia and China to fall.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98026 posts
Posted on 10/10/24 at 11:07 am to
quote:

clarification: you insinuated I believed the headline because I said "bingo" to the comments


You agreed with the poster that believed the headline

Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
6292 posts
Posted on 10/10/24 at 11:12 am to
Yeah, overall prices are up much higher than that.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1889 posts
Posted on 10/10/24 at 11:15 am to
I agreed with the comments, you falsely extrapolated.

I don't agree with the headline that inflation is up 2.4% over last year, I think it's higher.

And "more than expected" - happens all the time so I don't believe the "experts" who constantly get it wrong.

Posted by BHS78
Member since May 2017
3851 posts
Posted on 10/10/24 at 11:22 am to
Economic experts are about as accurate as weather people. ??
Posted by Big4SALTbro
Member since Jun 2019
24413 posts
Posted on 10/10/24 at 11:23 am to
We all know they are lying and it’s more like double the number
Posted by JellyRoll
Member since Apr 2024
1987 posts
Posted on 10/10/24 at 11:31 am to
quote:

Overall prices are up 20.5% since Kamala took office.


Much much higher in the areas that affect citizens on a daily basis.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98026 posts
Posted on 10/10/24 at 11:42 am to
quote:

I agreed with the comments,


Yes we know you agreed with him inhave said that 3 times

quote:

don't agree with the headline that inflation is up 2.4% over last year, I think it's higher.



Yes I know cause you dont know how to read an inflation report
Posted by Fat Bastard
alter hunter
Member since Mar 2009
91079 posts
Posted on 10/10/24 at 11:48 am to
quote:

ronricks


where you been CUCK soylord? hiding on DU?

how dumb do you feel now?

muh drumpf is only in it for himself!
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
95635 posts
Posted on 10/10/24 at 2:53 pm to
quote:

higher than expected


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