Inflation to be "Extraordinarily Elevated" due to Putin's price hike.
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@Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.
To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."
@George-K said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
@Doctor-Phibes said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
Anything they do that actually slows inflation is likely to be very unpopular with pretty much everybody. Much easier to blame Putin.
To paraphrase a saying. "It's gonna hurt. The only question is whether it's gonna hurt a lot now, or hurt a lot MORE later."
Why slow it? Our National Debt just went down effectively 5%!
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BTW, by 1980's standards, our inflation for The Resident's time in office exceeds 14%.
You know you're in trouble when Al Sharpton starts complaining about "limousine liberals" in Washington not having any sympathy for what inflation is doing to the average guy on the street. ..
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Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:
@Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:
That post didn't age well, did it.......
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@Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:
That post didn't age well, did it.......
@Larry said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
@Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
Just local observations … yeah, March’s inflation numbers will look bad when reported in April, but just by looking at grocery and gasoline prices, it looks like they are coming down lately. Deals and discounts are back in groceriy stores, and most gas stations have dialed gasoline prices back down. :man-shrugging:
That post didn't age well, did it.......
C'mon, you know what he's going to say.
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See, April's inflation numbers are slightly better than March's.
Will May's numbers be worse or better? Too soon to tell right now. Energy / gas prices are up, supply chain issues from China getting worse and cascading closer to consumers, so May does not look optimistic.
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See, April's inflation numbers are slightly better than March's.
Will May's numbers be worse or better? Too soon to tell right now. Energy / gas prices are up, supply chain issues from China getting worse and cascading closer to consumers, so May does not look optimistic.
@Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
See, April's inflation numbers are slightly better than March's.
Will May's numbers be worse or better? Too soon to tell right now. Energy / gas prices are up, supply chain issues from China getting worse and cascading closer to consumers, so May does not look optimistic.
How the everloving hell do you see that as an improvement? The rate of increase was slightly less, but it still increased…
The Brad
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@Axtremus said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
See, April's inflation numbers are slightly better than March's.
Will May's numbers be worse or better? Too soon to tell right now. Energy / gas prices are up, supply chain issues from China getting worse and cascading closer to consumers, so May does not look optimistic.
How the everloving hell do you see that as an improvement? The rate of increase was slightly less, but it still increased…
@LuFins-Dad said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
How the everloving hell do you see that as an improvement? The rate of increase was slightly less, but it still increased…
The percentage figures are “year over year” comparisons.
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How many average people will ever see that graph?
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@Jolly said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
How many average people will ever see that graph?
Doesn't matter. I should've posted that in the "Biden's Lies" thread.
All the average joe will see is increase in prices on pretty much everything, and a real-world decrease of about 3% in his purchasing power.
Graphs are irrelevantIt's the economy, stupid. -
I do the grocery shopping at my house. I'm not a coupon clipper, but I'm a very aggressive shopper ( I stopped at three stores for loss leaders Thursday). I'd say most stuff is up between 10-20%, with shrinkflation on many products.
BTW, among other things, I bought 4 chuck roasts for $3.47/lb, 10 pounds chicken leg quarters ( I cut them up) for $0.39/lb, Jimmy Dean sausage for $2.47/lb, bananas for $.029/lb, strawberries for $2.49/quart, eggs for $1.25/dozen, canned Cokes for $2.77/12 pack.
I shop.
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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I do the grocery shopping at my house. I'm not a coupon clipper, but I'm a very aggressive shopper ( I stopped at three stores for loss leaders Thursday). I'd say most stuff is up between 10-20%, with shrinkflation on many products.
BTW, among other things, I bought 4 chuck roasts for $3.47/lb, 10 pounds chicken leg quarters ( I cut them up) for $0.39/lb, Jimmy Dean sausage for $2.47/lb, bananas for $.029/lb, strawberries for $2.49/quart, eggs for $1.25/dozen, canned Cokes for $2.77/12 pack.
I shop.
@Jolly said in Inflation to be "Extraordinarily Elevated" due to Putin's price hike.:
I do the grocery shopping at my house. I'm not a coupon clipper, but I'm a very aggressive shopper ( I stopped at three stores for loss leaders Thursday). I'd say most stuff is up between 10-20%, with shrinkflation on many products.
BTW, among other things, I bought 4 chuck roasts for $3.47/lb, 10 pounds chicken leg quarters ( I cut them up) for $0.39/lb, Jimmy Dean sausage for $2.47/lb, bananas for $.029/lb, strawberries for $2.49/quart, eggs for $1.25/dozen, canned Cokes for $2.77/12 pack.
I shop.
Me too. And I buy in quantity if the deal is good enough.
