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Thread: CPI jumps 5% in May of 2021, fastest since 2008

  1. #721
    Chief Economist Of The Bank Of England – Brits Need To Accept They Are Poor Now And Wages Are Low

    https://www.thefinancialtrends.com/2...wages-are-low/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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  3. #722
    LOL , ya , they'll get used to it.
    Do something Danke

  4. #723
    Argentina Hikes Benchmark Rate 1000 Basis Points Amid Spiraling Inflation

    https://www.thefinancialtrends.com/2...ing-inflation/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  5. #724
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  6. #725
    elevated apr and may inflation expected.corporate defaults move to highest level in years . european gas prices could triple in coming winter.
    Last edited by oyarde; 05-09-2023 at 10:13 AM.
    Do something Danke

  7. #726
    US consumer debt goes over 17 trillion for first time. argentina raises interest rate to 97 percent , inflation in canada 4 1/2 percent, home depot misses on revenue by half .
    Last edited by oyarde; 05-16-2023 at 06:49 PM.
    Do something Danke

  8. #727
    This is slightly off topic but I think the most interesting thing about the debt ceiling issue is how far off they were at calculating when we would run out of money. A couple months ago they thought it would be early fall. Now it's beginning of June. They are blowing thru money at a much faster pace that they thought. Probably because we are in a recession. I think deficits are a much better indicator of the economy then most bogus gov stats like unemployment. When we go into recession spending increases and tax revenue decreases which means the deficits rise. That's a hard objective stat that is hard to hide.

    The republicans are right to try to cut spending but they're major hypocrites. Almost all of them voted to increase the debt ceiling when Trump was in office.

    I think it's funny when the dems say we might not be able to make social security payments. Why can't they dip into the "trust fund"? Maybe because there's nothing there but IOUs. Duh.

  9. #728
    Quote Originally Posted by Madison320 View Post
    This is slightly off topic but I think the most interesting thing about the debt ceiling issue is how far off they were at calculating when we would run out of money. A couple months ago they thought it would be early fall. Now it's beginning of June. They are blowing thru money at a much faster pace that they thought. Probably because we are in a recession. I think deficits are a much better indicator of the economy then most bogus gov stats like unemployment. When we go into recession spending increases and tax revenue decreases which means the deficits rise. That's a hard objective stat that is hard to hide.

    The republicans are right to try to cut spending but they're major hypocrites. Almost all of them voted to increase the debt ceiling when Trump was in office.

    I think it's funny when the dems say we might not be able to make social security payments. Why can't they dip into the "trust fund"? Maybe because there's nothing there but IOUs. Duh.
    In order to have a bill read and voted house and senate by beginning of june ( say June 05 , broke dick govt time) they would need to be done with it by Fri afternoon and my sources say dems have not agreed to any cuts so youve got 72 hours roughly starting tomorrow morning or could be reaching into second week of June already. i think biden is headed out of town for g7
    Last edited by oyarde; 05-17-2023 at 09:28 AM.
    Do something Danke



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  11. #729
    Consumer spending in Apr up nearly a percent
    Do something Danke

  12. #730
    The Kingdom of God has come upon you. -- Matthew 12:28

  13. #731
    It's such a baffling mystery!

    What could it possibly be?



    https://twitter.com/CNN/status/1667177270409154562

  14. #732
    new number coming , people are hoping it is only slightly more than double the fed target. bank of america expecting used cars up 2.7 percent and were up 4.4 percent previous month.Basically no matter what still about five percent inflation
    Last edited by oyarde; 06-13-2023 at 06:35 AM.
    Do something Danke

  15. #733
    looks like increase of nearly half point and 5.3 percent . sorry no break for the avg joe , lol
    Do something Danke

  16. #734
    Netherlands Central Bank Warns Inflation To Remain High

    https://www.thefinancialtrends.com/2...o-remain-high/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  17. #735
    locally cofee jumped 23.25 percent per can in a week.
    Do something Danke

  18. #736
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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  20. #737
    It is possible that inflation could even show an uptick now but I would expect some slight improvement first qtr of next yr if it did because I think by then gdp will be slowing from slow to crawl
    Do something Danke

  21. #738
    In Britain, Shoplifting Surges As Cost Of Living Soars

    https://www.thefinancialtrends.com/2...-living-soars/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  22. #739
    Germans Skimp On Food Purchases Due To Inflation

    https://www.thefinancialtrends.com/2...-to-inflation/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  23. #740
    Quote Originally Posted by Swordsmyth View Post
    Germans Skimp On Food Purchases Due To Inflation

    https://www.thefinancialtrends.com/2...-to-inflation/
    I'd imagine that has been well entrenched about everywhere by now. During the obama - biden times bacon up 200 percent here.
    Do something Danke

  24. #741
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  25. #742
    As Italian Inflation Surges, Italians Cut Back On Food Expenditures

    https://www.thefinancialtrends.com/2...-expenditures/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  26. #743
    hard to keep count but i'm guessing we are 27 months into third world inflation now
    Do something Danke

  27. #744
    Retailers In UK Accused Of Profiteering By BoE

    https://www.thefinancialtrends.com/2...eering-by-boe/


    UK Housing Market Falls Fastest In Twelve Years

    https://www.thefinancialtrends.com/2...-twelve-years/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



  28. Remove this section of ads by registering.
  29. #745
    national debt about to hit 32 1/2 trillion , 97k per citizen , another 10k on avg for state and local debt on top
    Last edited by oyarde; 07-12-2023 at 06:07 AM.
    Do something Danke

  30. #746
    UK Mortgage Rates Reach 15 Year High
    https://www.thefinancialtrends.com/2...-15-year-high/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  31. #747
    mortgage rates will rise yet this yr, ten pecent of current mortgages are at 6 percent or more right now .
    Last edited by oyarde; 07-14-2023 at 07:07 PM.
    Do something Danke

  32. #748
    US life expectancy dropped now to 76.1. Probably got the small possibly temporary improvement in inflation from the clot shots killing off people with expendable income. That little govt bonus could be about up
    Do something Danke

  33. #749
    Public Debt Of Italy Hits Record High

    https://www.thefinancialtrends.com/2...s-record-high/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  34. #750
    Credit Card Debt Soars At Fastest Pace In 20 Years

    https://www.thefinancialtrends.com/2...e-in-20-years/
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

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