on items that are already selling for ridiculously high prices , groceries , new trucks etc , i would expect no improvement in pricing if demand stays anywhere close to similar levels and we all know americans dont want to give up eating.
Do something Danke
According to University of Michigan consumer survey Americans are expecting inflation at 4.4 percent for 2023 and five years out still at about 1 1/4 percent over Fed target.
Do something Danke
inflation unchanged . Gold 1972 today , 1965 1/2 tonight. If the fed leaves rates and cuts even 1/4 to 1/2 between now and end of Apr I'll expect the 2200 gold I've been expecting to be a pretty good chance
Last edited by oyarde; 11-14-2023 at 09:27 PM.
Do something Danke
Originally Posted by fisharmor
//
Last edited by Occam's Banana; 11-25-2023 at 02:18 PM.
Rumors are Black Friday spending up 7 1/2 percent from yr prior , store traffic up 2 percent , cyber Mon spending up 9 1/2 percent. Credit purchases now driving inflation , only thing keeping it from runaway inflation now is cheap oil
Do something Danke
Made this:
Jer. 11:18-20. "The Kingdom of God has come upon you." -- Matthew 12:28
And those government propagandists have hated you for years and years.
https://twitter.com/redsteeze/status...72034836185281
core inflation remains unchanged at four percent . Twice the fed target .No improvements.
Last edited by oyarde; 12-13-2023 at 08:39 AM.
Do something Danke
A summary of where we are now ; in May 2021 when Collins started the thread inflation was said to be 5 percent , now , Christmas of 2023 , 11 days from 2024 inflation is said to be 4 percent . So , no significant change of any kind.
Do something Danke
We just hit 34 trillion in debt. The root cause of inflation is government spending and debt. We borrowed almost 3 trillion in calendar year 2023. The next round of inflation will be worse than the last. The Biden regime is hoping the fed can raise rates and the price inflation will hold off until after the election. My guess is it won't matter and Trump wins. I think the price inflation comes roaring back with Trump in office and the Trumpsters will have to come up with an excuse. The reality is that both parties are inflating the money supply due to their excessive spending.
Jobs numbers continue to be suspect to the point I'll soon call them completely fabricated.
Do something Danke
I already call them completely fabricated, and will soon call them comedy.
Yep, the two party system is a lie. We know the dems are demonic and we've known for a while team red is too. I am the angriest at the pubbies, because they have led generally good and honest people down a primrose path. Now the country is experiencing calamity. Debt...War...Bigger and Bigger government...Collapse. Republicans are co-conspirators. They deserve to pay a severe price.
On Trump:
How conservative Republicans can continue to support this arrogant imposter—the man who brags about inflicting the world with the Covid mark of the beast; the man who said, “Take the guns first, go through due process second”; and the man who deliberately played and then set up Stewart Rhodes (of course, Stewart was all too eager to be Trump’s patsy) for an 18-year prison sentence—is truly beyond my comprehension.” Chuck Baldwin
core inflation still about 4 percent , no real improvements, again cheap oil the only thing keeping the lid on right now
Do something Danke
Americans credit card payments being missed at highest rate in a decade. I noticed this morning those $#@!s at American express cancelled my account without notifying me , I probably havnt used it in a couple years but still that seems like bad customer service .
Do something Danke
Fed posts largest operating loss ever last yr , they say114.3 billion. So nothing going to treasury been losing since Sept 2022 I think
Do something Danke
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