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re: Instead of focusing on his political opponents- Trump needs to focus on his failing econom
Posted on 8/22/25 at 11:37 am to GoblinGuide
Posted on 8/22/25 at 11:37 am to GoblinGuide
There’s a lot of squabbling in here about certain groceries in certain places, you can make a case for any argument you want.
You need to zoom out and look at all groceries. Luckily there’s a CPI (essentially a bundle of goods, aggregated) specifically for measuring the price of US groceries from the FRED.
On that, the data is quite clear. To date, since inauguration, grocery prices have gone up.
LINK
You could argue they will come down in the future for whatever reason but to say “Trump has brought down grocery prices” is patently false. Personal anecdotes don’t change that.
You need to zoom out and look at all groceries. Luckily there’s a CPI (essentially a bundle of goods, aggregated) specifically for measuring the price of US groceries from the FRED.
On that, the data is quite clear. To date, since inauguration, grocery prices have gone up.
LINK
You could argue they will come down in the future for whatever reason but to say “Trump has brought down grocery prices” is patently false. Personal anecdotes don’t change that.
This post was edited on 8/22/25 at 11:57 am
0
Posted on 8/22/25 at 11:38 am to wdhalgren
quote:
Now, under any president, a rising stock market means that more inflation is coming.
You’re pretty smart.
Under Trump 45 the market practically doubled (with low inflation). Then came Potato and the market only gained about 23% (while inflation tried to break the gauge).
Enjoy the current downturn dumbass
Posted on 8/22/25 at 11:39 am to GoblinGuide
quote:
Looks great! So groceries are getting cheaper, right?
You poors are so short-sighted. It's why you are poor though.
Posted on 8/22/25 at 11:43 am to GoblinGuide
quote:
So groceries are getting cheaper, right?
Groceries are down because oil and natural gas are down. Cheaper transportation, fertilizer, pesticides, and herbicides.
But, once inflation weakens the dollar, it’s set in stone. (Thanks Democrats!) The key is to hold inflation low and have income increase faster, making prices more affordable.
And that’s exactly what Trump is doing!!!!
Posted on 8/22/25 at 11:46 am to TDTOM
quote:It was $14.50 at Giant Eagle, but it may have been on sale.
Beef is expensive, but it has been for a while. My beef prices are not increasing. In fact, Rouses is running whole prime tenderloin for $15/lb. this week.
My dad has a walk in freezer and we buy a side of beef from Amish farmers.
Posted on 8/22/25 at 11:50 am to MikkUGA
quote:
lowest number of cattle since 1952
bingo
Posted on 8/22/25 at 11:54 am to GoblinGuide
quote:
groceries are getting cheaper, right?
Somewhat, yes. I might add the border is secured and the DEI & tranny cancer is being purged from our military, as well.
Posted on 8/22/25 at 11:54 am to Gaspergou202
quote:
Groceries are down
Again, false. Unless you’re talking about a very narrow window and very certain goods.
LINK
This post was edited on 8/22/25 at 11:55 am
Posted on 8/22/25 at 11:57 am to Joe_Dirte
quote:
lowest number of cattle since 1952
And US population in 1952 about 156 million compared to 347 million today. Significant amount of stress on beef pricing for sure.
Posted on 8/22/25 at 11:58 am to FLTech
quote:
political opponents-
AKA Political Establishment Crooks
Posted on 8/22/25 at 11:59 am to GoblinGuide
quote:not even close. Groceries are fricking out of control
So groceries are getting cheaper, right?
Posted on 8/22/25 at 12:17 pm to Victor R Franko
quote:
I'm of the opinion that with interest rate cuts on horizon as fed chief seems to imply, money on the sidelines in interest bearing accounts are coming back into the market. People reallocating investments.
Money flowing in from the sidelines is an alluring concept, but it doesn't really happen. For every dollar that goes into an asset (like a share of stock on the secondary market), a dollar comes out. What we're seeing today is an increase in the prices of both stocks and bonds. Everybody bidding up assets in anticipation of future increases in the money supply, nobody wants to hold cash, so you have to pay up to entice them to liquidate. When confidence in a currency reaches a breaking point, there's no coming back. That's how stock prices soar even as hyperinflation is destroying an economy.
Now that the fed has apparently neutered the bond market, the only remaining regulator of our fiscal insanity is the dollar. Foreigners hold way more dollars and dollar assets than the US does of theirs, due to the combination of perpetual US trade deficits and asset price inflation. If they ever start liquidating those positions, and they will at some point, the value of a dollar will decline and probably the value of dollar based assets (debt/stocks/property). If the Fed tries to support asset prices, the dollar will fall faster. If the Fed tries to support the dollar, asset prices will fall faster. No matter how this plays out, we end up in a negative feedback loop that undoes all of the artificial economic stimulus of the past.
This post was edited on 8/22/25 at 1:08 pm
Posted on 8/22/25 at 12:19 pm to GoblinGuide
quote:
Looks great! So groceries are getting cheaper, right?
LOLOL
Mine are cheaper, for sure.
It is beyond hilarious watching your groomers concerned about this again. Your own party owned itself just a couple weeks ago with a clever post on social media about all this.
Where are your posts from 2020 to now when the retarded pedophile you voted for had prices of some items on a 30% increase? Oh, that's right, you were nowhere to be found.
Posted on 8/22/25 at 12:20 pm to GoblinGuide
quote:
Looks great! So groceries are getting cheaper, right?
It's cheaper on my end. What are you seeing?
Posted on 8/22/25 at 12:21 pm to SludgeFactory
quote:
Where are your posts from 2020 to now when the retarded pedophile you voted for had prices of some items on a 30% increase?
Trump's been basically cleared of the Epstein stuff. Chill on the pedo language.
Posted on 8/22/25 at 12:26 pm to GoblinGuide
When Trump got elected the first time he turned the other cheek and focused on being President. in the years that followed the democrats took things to the absolute extreme. Apparently it's no more Mr.Nice guy and there's going to be hell to pay.
Posted on 8/22/25 at 12:36 pm to mwade91383
quote:
Again, false. Unless you’re talking about a very narrow window and very certain goods.
My narrow window is the grocery store.
The all-items Consumer Price Index (CPI), a measure of economy-wide inflation, increased 0.3 percent from May 2025 to June 2025
The food-at-home (grocery store or supermarket food purchases) CPI increased 0.2 percent from May 2025 to June 2025
LINK
Posted on 8/22/25 at 12:50 pm to Gaspergou202
Got it, looks like we agree. Grocery prices by no means are down, they’re up.
Curious, why did you only pick May to June?
Curious, why did you only pick May to June?
This post was edited on 8/22/25 at 12:51 pm
Posted on 8/22/25 at 1:27 pm to GoblinGuide
quote:
Looks great! So groceries are getting cheaper, right?
post what grocery prices were from 2020-2023 when you weren't complaining. Eggs are $2 now they were $7 to $9
I bought ground meat for $2.60 pound on sale. We are winning in every category there is.
Posted on 8/22/25 at 1:40 pm to whatiknowsofar
quote:
Which groceries arent cheaper at the moment
quote:
According to the latest Consumer Price Index data from the Bureau of Labor Statistics, ground beef prices rose 11.5% and beef steak prices rose 12% compared to this time last year.
so you pick one thing on the market in a short supply, dont provide any context and run away from your post
quote:
Beef prices are rising due to a historic drought-driven decline in U.S. cattle herds, which have shrunk to their lowest levels in decades, combined with strong consumer demand. This shrinking supply means fewer cattle are available for slaughter. Ranchers are sending more cattle to slaughter due to the difficulty in feeding them on drought-stricken pastures and a lack of profitable growth opportunities, further contracting the herd. The combination of high demand and low supply is sending beef prices to record highs, with herd recovery expected to take several years.
its hard to take people like you seriously, so I dont
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