Page 23 of 23 FirstFirst ... 13212223
Results 661 to 677 of 677

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

  1. #661
    Looking forward it seems as though inflation could be permanently be twice or more any GDP growth that could be obtained unless the economy totally collapsed . Say you could eventually summon 2 percent GDP on a consistent basis ( not been done in modern times) , I doubt youd get below 4 or 5 percent inflation.
    Last edited by oyarde; 01-02-2023 at 03:21 PM.
    Do something Danke



  2. Remove this section of ads by registering.
  3. #662
    Labor Force Participation rate at 62.3 percent in Dec , below pre plague levels . The avg work week has declined over the past two yrs and at 34.3 hours in Dec does not appear poised to improve gdp .
    Do something Danke

  4. #663
    Tomorrow will be new inflation number from the magic hat , could it be 6.6 ? 6.45 ? no matter . I see no changes for positive
    Do something Danke

  5. #664
    New number is 6.5 . Keeps on Chooglin'
    Do something Danke



  6. Remove this section of ads by registering.
  7. #665
    Last edited by Occam's Banana; 01-12-2023 at 10:51 PM.

  8. #666
    Quite possibly in the next couple months inflation may not even go down. Fed probably moves a couple more 1/4 point moves and stops. That isnt ever going to reduce inflation under 4 perdent next yr and it could remain higher , say 5 percent easily. Keep in mind that percent has double digit third world food inflation removed. Reality check , your still living in a third world coutry. Services less shelter rent was up .4 percent and could even cause increases in inflation in near fuure.
    Last edited by oyarde; 01-13-2023 at 02:07 AM.
    Do something Danke

  9. #667
    Quote Originally Posted by oyarde View Post
    New number is 6.5 . Keeps on Chooglin'
    6.5% above Dec 2021. Which was 7% above 2020. Only in clown world do people say that inflation is coming down.
    "And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

    "It is difficult to free fools from the chains they revere." - Voltaire

  10. #668
    Quote Originally Posted by CaptUSA View Post
    6.5% above Dec 2021. Which was 7% above 2020. Only in clown world do people say that inflation is coming down.
    1. The rates you cited are backward looking and have nothing to do with what inflation is currently doing. The current rate is lower than Dec 2020 and Dec 2021

    2. Inflation is dropping precipitously and is much lower than currently stated because of how they calculate housing. We are in deflation right now.

    M2 growth is negative year over year which only happens a few times a century. The Fed's job should be done now.

  11. #669
    Quote Originally Posted by Krugminator2 View Post
    The Fed's job should be done now.
    If we're going to talk about what "should" be, the Fed shouldn't have a job.
    "And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

    "It is difficult to free fools from the chains they revere." - Voltaire

  12. #670
    https://twitter.com/WallStreetSilv/s...23303579303936

    Quote Originally Posted by Swordsmyth View Post
    And?
    Dems cheat.
    Trump stopped them cheating.

    A clear case of Liberty preserving authoritarianism.

  13. #671
    The ScienceTM:

    "Inflation is always and everywhere a monetary millennial phenomenon." -- Milton Friedman

    https://twitter.com/cnbc/status/1547812464263213056

  14. #672
    Quote Originally Posted by Occam's Banana View Post
    The ScienceTM:

    "Inflation is always and everywhere a monetary millennial phenomenon." -- Milton Friedman
    Uh huh. Because more people makes for a greater demand for currency, and when demand goes up, value goes--down?

    Only if you print like Parker Brothers, $#@!s.
    Quote Originally Posted by Swordsmyth View Post
    And?
    Dems cheat.
    Trump stopped them cheating.

    A clear case of Liberty preserving authoritarianism.



  15. Remove this section of ads by registering.
  16. #673
    Quote Originally Posted by acptulsa View Post
    Uh huh. Because more people makes for a greater demand for currency, and when demand goes up, value goes--down?

    Only if you print like Parker Brothers, $#@!s.
    From what I can gather from the article's "everything but the kitchen sink"[1] approach to "explaining" inflation, it isn't so much that there are too many millennials, but that there are too many millennials with too much money and not enough stuff for them to consume.



    [1] Apparently, "[t]he causes behind the steep jumps [in inflation] include high [...] prices [...]" - so I guess maybe they included the kitchen sink, after all.

  17. #674
    Looking forward In the new banana republik america ( sorry no bananas just a $#@!ty currency )you'll still have 4 or 5 percent inflation ( when it isnt 6.6) , double digit inflation on groceries and the fed probably will raise a 1/4 point a couple more times. There wont be any positive gdp , wages will lag behind inflation for months and yrs ( like the past 21 months ). You just have to find a way to be happy in it . The good times are gone , inflation may never be under 3 percent , unemployment may rise but these are the new good times because it can get quite worse than this .
    Do something Danke

  18. #675
    Chicom populations decline for first time since last great Mao famines (1961), last yrs gdp there was around 3 percent or about half the target.
    Do something Danke

  19. #676
    Japan Sees Corporate Bankruptcies Rising

    https://www.thefinancialtrends.com/2...ptcies-rising/
    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

  20. #677
    new poitburo inflation number should be ready for St Valentines Day
    Do something Danke

Page 23 of 23 FirstFirst ... 13212223


Similar Threads

  1. FORD GT. Fastest American sports car.
    By JK/SEA in forum Open Discussion
    Replies: 5
    Last Post: 05-12-2017, 01:57 PM
  2. Rushwallet - Fastest and safest wallet.
    By AndrewB in forum Bitcoin / Cryptocurrencies
    Replies: 1
    Last Post: 08-12-2014, 08:05 AM
  3. Japan Fastest Growth in 2 Years: Why?
    By ItsTime in forum Economy & Markets
    Replies: 14
    Last Post: 11-16-2009, 02:19 PM
  4. LoL existignhome sales fastest in 2 years
    By NewEnd in forum Economy & Markets
    Replies: 4
    Last Post: 08-21-2009, 10:01 AM
  5. Fastest Gunman Ever
    By ryanduff in forum Second Amendment
    Replies: 24
    Last Post: 02-11-2009, 05:36 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •