Anyone Afraid Of Inflation?

[bacha29]

As a follow up. The Producer Price Index (PPI) actually fell 0.1% in December and for the year ended up at a better than expected 2.5%. The PPI which is the wholesale price index is generally considered a forecast of future CPI numbers.

Keep in mind the Federal Reserve, you know, the people who actually run this country uses the PCE index. The Personal Consumption Expenditures index when it comes to setting the rate of inflation they use to set interest rates. Of course the Fed only sets short term rates. The bond market sets long term rates but are affected the what the Fed does with short term rates.

And BTW, the CPI number yesterday? More than half the increase came not from food but rather.....shelter.
No question the shortage of affordable housing is at a crisis level and has been that way for many years . Out in rural America however single family houses in decent condition are dirt cheap In many cases selling for half what they would bring in the city. But, nobody wants to live out there.

 

[Thebrownblob]

As a follow up. The Producer Price Index (PPI) actually fell 0.1% in December and for the year ended up at a better than expected 2.5%. The PPI which is the wholesale price index is generally considered a forecast of future CPI numbers.

Keep in mind the Federal Reserve, you know, the people who actually run this country uses the PCE index. The Personal Consumption Expenditures index when it comes to setting the rate of inflation they use to set interest rates. Of course the Fed only sets short term rates. The bond market sets long term rates but are affected the what the Fed does with short term rates.

And BTW, the CPI number yesterday? More than half the increase came not from food but rather.....shelter.
No question the shortage of affordable housing is at a crisis level and has been that way for many years . Out in rural America however single family houses in decent condition are dirt cheap In many cases selling for half what they would bring in the city. But, nobody wants to live out there.

Correct because there is no employment.

 

[Over70irregs]

Forward to 17:00 mark.

Look up Proverbs 13:22

 

[bacha29]

Forward to 17:00 mark.

Look up Proverbs 13:22

Harry Dent is a financial newsletter WRITER with limited knowledge when it comes to economic theory and how markets work. He makes his living selling books and his economic forecasts have been repeatedly proven incorrect. That however was never the goal. The goal is to fill his wallet with his readers cash while enjoying the good life living in San Juan .

 

[Over70irregs]

The average person slaves away their entire life to earn ~$2M-$3M during their entire career

The US government has borrowed and given at least $100B in military support to other countries in the last 2 years

The lifetime earnings of 40,000 people - created out of thin air
-Soni

 

[Up In Smoke]

The average person slaves away their entire life to earn ~$2M-$3M during their entire career

The US government has borrowed and given at least $100B in military support to other countries in the last 2 years

The lifetime earnings of 40,000 people - created out of thin air
-Soni

The products that are being sent to foreign countries is being produced here in the US. Jobs in military equipment, food, clothing, medical and energy help to support families and communities in America. The government, directly or indirectly is the largest employer by far. Companies trip over themselves in efforts to secure government contracts.

 

[Wally]

Prices rose more than expected in January as inflation won't go away

The consumer price index was expected to show a 0.2% increase in January, according to economists surveyed by Dow Jones.

www.cnbc.com

 

[Over70irregs]

How much rent can you "afford"?
$3,000/mo income= $1,000
$5,000/mo income = $1,667
$7,000/mo income =$2,333
$10,000/mo income = $3,333
$12,000/mo income = $4,000

Do these numbers surprise you?

 

[Over70irregs]

Someone computationally anticipated inflation to take it out of human hands. Few

“Bitcoin’s mining rewards will be cut in half in April in what’s known as the Bitcoin Halving. To fight inflation, Bitcoin’s programmers baked the reduction into the token’s structure roughly every four years. The last time Bitcoin’s mining reward halved was in May 2020.”

 

[Wally]

US inflation rose 3.2% in February — with consumer prices not falling yet during Biden’s time in office

US inflation rose 3.2% in February — yet another stubbornly high figure that won’t inspire the Federal Reserve to slash interest rates this spring.

nypost.com

 

[Darmark7]

US inflation rose 3.2% in February — with consumer prices not falling yet during Biden’s time in office

US inflation rose 3.2% in February — yet another stubbornly high figure that won’t inspire the Federal Reserve to slash interest rates this spring.

nypost.com

Democrats like to say inflation is down to 3.2% but the truth is inflation added another 3.2% on top of the last 3 years of extreme inflation.

 

[Wally]

Democrats like to say inflation is down to 3.2% but the truth is inflation added another 3.2% on top of the last 3 years of extreme inflation.

Consumer prices have not fallen year-over-year since President Joe Biden’s term began
.

 

[Over70irregs]

Consumer prices have not fallen year-over-year since President Joe Biden’s term began
.

1 Trillion every 100 days. Joe is having fun

 

[bottomups]

1 Trillion every 100 days. Joe is having fun

Last I looked the repubs controlled the purse strings. Why don't they stop spending?

 

[Wally]

Last I looked the repubs controlled the purse strings. Why don't they stop spending?

Look at what Dems are doing right now, twisting what Trump said about finding waste in entitlement spending. Instant Medi-Scare!

We are doomed.

 

[Over70irregs]

Last I looked the repubs controlled the purse strings. Why don't they stop spending?

I’m hearing mathematically its too late to stop spending. We cannot pay it off. Both parties spend. They have an agreement to keep it between themselves and rotate. Alert!!!! Ukraine got another $300 million.

 

[Wally]

OOPS! M&M Mars calls out Biden lying about Snickers shrinkflation.

Snickers fires back at Joe Biden's claim that the company is duping customers with 'shrinkflation' | Blaze Media

Snickers is contradicting President Joe Biden's claim that the size of its candy bars are being secretly reduced.In his State of the Union address last Thursday, Biden accused snack companies of shrinkflation, a process whereby a manufacturer includes less product in packaging while not...

www.theblaze.com

 

[IVE GOTTA PACKAGE 4U]

OOPS! M&M Mars calls out Biden lying about Snickers shrinkflation.

Snickers fires back at Joe Biden's claim that the company is duping customers with 'shrinkflation' | Blaze Media

Snickers is contradicting President Joe Biden's claim that the size of its candy bars are being secretly reduced.In his State of the Union address last Thursday, Biden accused snack companies of shrinkflation, a process whereby a manufacturer includes less product in packaging while not...

www.theblaze.com

Blue Moon just reduced their 24oz cans to 19.2 ounces and keeping it at the same price

 

[Wally]

Blue Moon just reduced their 24oz cans to 19.2 ounces and keeping it at the same price

Are they doing it out of pure greed or to stay competitive?

 

[IVE GOTTA PACKAGE 4U]

Are they doing it out of pure greed or to stay competitive?

That's 20% less beer
I don't see other companies doing that