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Started By
Message
re: US inflation vs rest of the world
Posted on 9/27/23 at 9:23 am to Jcorye1
Posted on 9/27/23 at 9:23 am to Jcorye1
He posted a link showing food prices have stayed the same for a few months. Yea they have and the prices are through the roof. He's arguing something different or at least posting info that's not what the topic is about.
Food has gone up a ridiculous amount in the last 2 years. It shot up and has no signs of going back down. Saying it hasn't gone up anymore in the last 5 months doesn't mean anything with the current prices
Food has gone up a ridiculous amount in the last 2 years. It shot up and has no signs of going back down. Saying it hasn't gone up anymore in the last 5 months doesn't mean anything with the current prices
2
Posted on 9/27/23 at 9:25 am to SlowFlowPro
quote:
Why are you only referencing BBB and not the trillions spent by Trump in 2020? They all causes inflation.
Because a coordinated bioweapon was released on Trump to create chaos and disrupt his re-election.
Posted on 9/27/23 at 9:26 am to Deactived
quote:
Food has gone up a ridiculous amount in the last 2 years. It shot up and has no signs of going back down.
Well that would require deflation.
quote:
Saying it hasn't gone up anymore in the last 5 months doesn't mean anything with the current prices
It means a lot when talking about current inflation rates.
Posted on 9/27/23 at 9:29 am to SlowFlowPro
'Food is so damn expensive. Inflation sucks'
'Well it hasn't gone up anymore this month so you can't blame it on inflation.'
This is where yall are at.
'Well it hasn't gone up anymore this month so you can't blame it on inflation.'
This is where yall are at.
Posted on 9/27/23 at 9:29 am to Deactived
I think he was just combating the people who are going on and on about how the numbers are fake (i.e., lower than they should be) because they exclude energy and food. The latest numbers we have show that inflation is *higher* when you exclude those items.
If the government wanted to paint a rosier picture they would keep energy and food in.
If the government wanted to paint a rosier picture they would keep energy and food in.
Posted on 9/27/23 at 9:31 am to JohnnyKilroy
That's what I said earlier. Both sides are arguing two different things.
Doesn't help that no one can ever back down though
Doesn't help that no one can ever back down though
This post was edited on 9/27/23 at 9:32 am
Posted on 9/27/23 at 9:33 am to Deactived
quote:
'Food is so damn expensive. Inflation sucks'
'Well it hasn't gone up anymore this month so you can't blame it on inflation.'
This is where yall are at.
I've been pushing for deflation since 2008.
However, I'm also accurately using the words involved in this discussion.
Posted on 9/27/23 at 9:34 am to SlowFlowPro
quote:
I've been pushing for deflation since 2008
Umm OK
Posted on 9/27/23 at 9:38 am to Big_Sur
quote:
We know that price certainty is important to our clients for budgeting and planning; however, the price to deliver quality services and solutions has risen dramatically for Redacted – and all other technology and service companies over the past years.
In the last 3 years alone, the CPI price index and the Average Wage Index have increased +18% and +16% respectively.
And just this year, the Social Security cost of living adjustment increased nearly +9%.
Given the significantly increased costs from our business partners, as well as the higher expenses of delivering services given persistent inflation and prior year cost trends, we are required to increase our prices by 8% (eight percent) effective October 1, 2023.
Oh yeah? Ive been getting price increases like this monthly since potato became president.
Posted on 9/27/23 at 9:39 am to Deactived
All of this inflation we are experiences is based around our government and society's push to prevent deflation after the inflationary housing era (that became the Housing Crash™). Our society has been so scared avoiding the necessary deflation that we've been using inflation to prop up values for 15 years. Covid created a scenario where we finally felt actual inflation in terms of pricing, instead of saving dying assets to keep their value somewhat normalized.
We are going to pay the piper one day unless we can discover technology to increase our GDP by a substantial amount.
We are going to pay the piper one day unless we can discover technology to increase our GDP by a substantial amount.
Posted on 9/27/23 at 9:53 am to Big_Sur
All I know is my 401k had a return rate of 4.5% as of December 31, 2021. Now it's 1.59%. Wonder what changed?
Posted on 9/27/23 at 9:55 am to RandoBigot
quote:
Because a coordinated bioweapon was released on Trump to create chaos and disrupt his re-election.
Posted on 9/27/23 at 9:58 am to Darth_Vader
quote:
That’s to be expected in a Marxist totalitarian state where the sources of information are all controlled by the Party.
Why do you call everything you don't like Marxist totalitarian?
Do you unironically believe the US is a communist country? lmao.
Posted on 9/27/23 at 10:02 am to Wing T
quote:
All I know is my 401k had a return rate of 4.5% as of December 31, 2021.
Like for the year 2021 or total?
Posted on 9/27/23 at 10:13 am to Wing T
quote:
Now it's 1.59%. Wonder what changed?
I don’t even want to get into the whole pissing match of who we can blame, but if your return rate has gone down since Jan 1, 2022, you are doing something wrong
Posted on 9/27/23 at 10:16 am to Wing T
quote:
All I know is my 401k had a return rate of 4.5% as of December 31, 2021. Now it's 1.59%. Wonder what changed?
Lol that's some poor investing right their. Just buying the S&P would have you up double digits.
Posted on 9/27/23 at 10:19 am to Big_Sur
quote:
Lol that's some poor investing right their.
100% truth.
I guess the Burger King 401k has limited fund options.
Posted on 9/27/23 at 10:24 am to Big_Sur
There is somewhat of an apples to oranges comparison. Not every country uses the same "market basket" to measure inflation.
Posted on 9/27/23 at 10:31 am to blueridgeTiger
quote:
There is somewhat of an apples to oranges comparison. Not every country uses the same "market basket" to measure inflation.
Even if they did four countries is not "the rest of the world".
Posted on 9/27/23 at 10:35 am to blueridgeTiger
quote:
There is somewhat of an apples to oranges comparison. Not every country uses the same "market basket" to measure inflation.
Who you gonna trust, government or your lying eyes? The average person in the US has 7k in credit card debt and 5k in savings. Bankruptcies? Up 18% YoY. Interest rates? Keep going up because stability?
We are in an absolute free fall economically. Anyone who says otherwise is not a serious person.
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