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Posted on 9/27/23 at 11:00 am to Big_Sur
4%?????????
BULL frickING shite
BULL frickING shite
Posted on 9/27/23 at 11:02 am to RandoBigot
quote:
We are in an absolute free fall economically.
Are you a female?
Posted on 9/27/23 at 11:09 am to JohnnyKilroy
quote:
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.
Its was this. Like obviously what I was doing.
Posted on 9/27/23 at 11:15 am to JohnnyKilroy
quote:
Are you a female?
Nope. White male, above average IQ (vs other white males, vs minorities in the US higher or lower depending on the minority)even higher net worth.
Posted on 9/27/23 at 11:22 am to Big_Sur
Are all the rates calculated the same? How is Fx impact normalized? What’s in each countries basket?
I’m calling BS on thebUS reported numbers.
I’m calling BS on thebUS reported numbers.
Posted on 9/27/23 at 11:32 am to White Bear
quote:
Closer to 40%. Over the last few years.
I think UI is just as much fiction as reported.
Either there's significant latency in these numbers or our friends in the ruling class are curating the stats carefully to justify whatever monetary or fiscal policy that supports the currency war underway now. The tail wagging the dog scenario would not shock me anymore.
Posted on 9/27/23 at 11:33 am to dewster
quote:
4%? bullshite.
Before you declare bullshite there are two factors to consider. The first is that not all goods are considered. And while you might think that negates the data, it is still a good way to compare relative inflation in different countries.
Also, even if the inflation is only a little high it still sits on top of previous inflation. So prices are still extraordinarily high. We need to get inflation down to a flat 2% for a sustained period to allow wages to catch up to prices of goods.
Posted on 9/27/23 at 11:58 am to SlowFlowPro
In this paper, we find President Trump has proposed between $530 billion and $870 billion of additional spending and tax relief to address the current public health and economic crisis, with a central estimate of $650 billion. We find Vice President Biden has proposed between $2.0 trillion and $4.2 trillion of additional measures to address the crisis, with a central estimate of $3.1 trillion.
LINK
LINK
Posted on 9/27/23 at 12:12 pm to Penrod
If the feds had started a more aggressive rate hike plan 6 months sooner than they had, I think we would be in a good place right now.
with oil prices continuing to shoot up, I’m not sure what’s going to happen now
with oil prices continuing to shoot up, I’m not sure what’s going to happen now
Posted on 9/27/23 at 12:14 pm to Big_Sur
This being downvoted 
Posted on 9/27/23 at 12:19 pm to WestCoastAg
give us your well thought out take as to why the information graphic posted is accurate and relevant vs what American's are feeling via their wallets.
can't wait.
can't wait.
This post was edited on 9/27/23 at 12:20 pm
Posted on 9/27/23 at 12:19 pm to SlowFlowPro
quote:
Why are you only referencing BBB and not the trillions spent by Trump in 2020? They all causes inflation.
"The truth is that Biden didn’t do this to us. Our Republicans did this to us too. When they passed that $2.2 trillion Covid stimulus bill, they left us with 90 million people on Medicaid, 42 million people on food stamps."
...
"And so at the end of the day, you look at the 2024 budget, Republicans asked for 7.4 billion in earmarks, Democrats asked for 2.8 billion. So you tell me who are the big spenders. I think it’s time for an accountant in the White House." - Nikki Haley
Facts hurt.
Posted on 9/27/23 at 12:20 pm to notiger1997
quote:
If the feds had started a more aggressive rate hike plan 6 months sooner than they had, I think we would be in a good place right now.
And not layered on that last BBB trillions.
Posted on 9/27/23 at 12:20 pm to Big_Sur
It is closer to 10% than 4%.
That graph if trash.
That graph if trash.
Posted on 9/27/23 at 12:37 pm to dewster
quote:
4%? bullshite.
Classic denialism
Posted on 9/27/23 at 12:39 pm 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 12:54 pm to notiger1997
quote:
with oil prices continuing to shoot up
Things gonna get real interesting when oil hits $150 per.
Posted on 9/27/23 at 1:00 pm to Big_Sur
quote:
I don't know what that graph is of, but it's not Inflation. US inflation from July 2022 was ~8.5% (so, roughly double what that picture shows).
Posted on 9/27/23 at 1:01 pm to notiger1997
quote:
If the feds had started a more aggressive rate hike plan 6 months sooner than they had, I think we would be in a good place right now.
with oil prices continuing to shoot up, I’m not sure what’s going to happen now
It was that goddamn Biden's fed chair Jerome Powell.
Oh wait.
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