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The New Coffee Room

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  3. Inflation

Inflation

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #140

    It's higher than that, and we all know it.

    “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

    1 Reply Last reply
    • George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #141

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

      1 Reply Last reply
      • George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #142

        91INFLATION-587x600.jpg

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • JollyJ Offline
          JollyJ Offline
          Jolly
          wrote on last edited by
          #143

          When I first started buying this dog food a little over two years ago, it was $30/bag. Then it went to $32 about a year or so ago. Then, in the last ten months or less, it went to $38. Then $42. Today, it's $50.
          alt text

          That ain't 9.1%.

          And it's the same for meat, milk, eggs, flour. gas, diesel, car parts, etc.

          “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

          1 Reply Last reply
          • JollyJ Jolly referenced this topic on
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          • George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #144

            https://www.bls.gov/news.release/ppi.nr0.htm

            The Producer Price Index for final demand increased 1.1 percent in June, seasonally adjusted, the
            U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in
            May and 0.4 percent in April. (See table A.) On an unadjusted basis, final demand prices moved
            up 11.3 percent for the 12 months ended in June, the largest increase since a record 11.6-percent
            jump in March 2022.

            In June, three-fourths of the advance in the index for final demand was due to a 2.4-percent rise
            in prices for final demand goods. The index for final demand services increased 0.4 percent.

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            1 Reply Last reply
            • LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #145

              Holy crap - CNN -

              (CNN)The White House has been so wrong, so often, on inflation

              https://www.cnn.com/2022/07/14/politics/democrats-frustrated-biden-inflation-2022/index.html

              The Brad

              1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #146

                Nothing new. Dems are scared and they've come to the conclusion that The Resident is dragging them down. He's the lamest of lame ducks. So, they've decided to start criticizing him, in two-fold strategy:

                1. To create some daylight between the White House and all those guys running for the House and the Senate.
                2. To make sure Biden does not run in 2024, and encourage other Dems to start the process of a Presidential run (interest, organizations, vetting, money).

                IMO, of course.

                “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

                1 Reply Last reply
                • JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #147

                  And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                  I wish them well.

                  “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

                  MikM 1 Reply Last reply
                  • AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote on last edited by
                    #148

                    https://www.bls.gov/cpi/latest-numbers.htm

                    September 2022's CPI's headline number is +8.2%.

                    1 Reply Last reply
                    • JollyJ Jolly

                      And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                      I wish them well.

                      MikM Offline
                      MikM Offline
                      Mik
                      wrote on last edited by
                      #149

                      @Jolly said in Inflation:

                      And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                      I wish them well.

                      But I suspect it will be done selectively. They have for years built a biased organization. That will not be turned around easily.

                      Deep News.

                      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                      HoraceH 1 Reply Last reply
                      • MikM Offline
                        MikM Offline
                        Mik
                        wrote on last edited by
                        #150

                        As far as inflation, groceries are up between 25 and 50%.

                        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                        1 Reply Last reply
                        • JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #151

                          Vote Demonrat.

                          “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

                          1 Reply Last reply
                          • MikM Mik

                            @Jolly said in Inflation:

                            And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                            I wish them well.

                            But I suspect it will be done selectively. They have for years built a biased organization. That will not be turned around easily.

                            Deep News.

                            HoraceH Online
                            HoraceH Online
                            Horace
                            wrote on last edited by
                            #152

                            @Mik said in Inflation:

                            @Jolly said in Inflation:

                            And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

                            I wish them well.

                            But I suspect it will be done selectively. They have for years built a biased organization. That will not be turned around easily.

                            Deep News.

                            The indoctrinated masses feel, deep in their feeliest feels, that Republicans are an existential threat. Not sure how that becomes negotiable. These people may be permanently lost and broken when it comes to political affiliation.

                            Education is extremely important.

                            1 Reply Last reply
                            • MikM Offline
                              MikM Offline
                              Mik
                              wrote on last edited by Mik
                              #153

                              Well, I watched the Ohio US senate and house for my district debates in full. In both cases the GOP candidate won out over the opponent with facts. Both Dems stood up there and lied through their teeth.

                              “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                              1 Reply Last reply
                              • George KG Offline
                                George KG Offline
                                George K
                                wrote on last edited by
                                #154

                                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #155

                                  Someone needs to DO something about this!

                                  joe_biden_inflation_1978.jpg

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  1 Reply Last reply
                                  • LuFins DadL Offline
                                    LuFins DadL Offline
                                    LuFins Dad
                                    wrote on last edited by
                                    #156

                                    So we’re a year in to this with no sign of relief.

                                    https://www.cnn.com/2022/10/13/business/fed-interest-rates-inflation-nightcap/index.html

                                    Last year our September numbers showed a 5% -6% increase, this year it’s 8%-9%. So over 2 years it’s what? 15%-17% now that inflation is stacking on top of inflation?

                                    The Brad

                                    1 Reply Last reply
                                    • MikM Offline
                                      MikM Offline
                                      Mik
                                      wrote on last edited by
                                      #157

                                      It's transitory, they said.

                                      Of course, transitory only means it won't stay where it was then. So it got worse.

                                      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                      1 Reply Last reply
                                      • LuFins DadL LuFins Dad

                                        Remember the Farm Bureau’s .14 cent 4th of July?

                                        They’re back…

                                        https://www.fb.org/newsroom/farm-bureau-survey-shows-thanksgiving-dinner-cost-up-14

                                        LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #158

                                        @LuFins-Dad said in Inflation:

                                        Remember the Farm Bureau’s .14 cent 4th of July?

                                        They’re back…

                                        https://www.fb.org/newsroom/farm-bureau-survey-shows-thanksgiving-dinner-cost-up-14

                                        Can’t wait to see this year’s number.

                                        The Brad

                                        George KG 1 Reply Last reply
                                        • taiwan_girlT Offline
                                          taiwan_girlT Offline
                                          taiwan_girl
                                          wrote on last edited by
                                          #159

                                          How is the inflation measured?

                                          When they say that Sept was 8.2%, are they taking the month by month increase (or decrease) from the last 12 months and adding it together? So, a "rolling" 12 month average?

                                          Or is it calculated differently?

                                          LuFins DadL 1 Reply Last reply
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