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The New Coffee Room

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  3. Inflation

Inflation

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  • 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
        • 89th8 89th referenced this topic on
        • JollyJ Jolly referenced this topic on
        • 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
                                        • taiwan_girlT taiwan_girl

                                          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 Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #160

                                          @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                          The Brad

                                          taiwan_girlT George KG 2 Replies Last reply
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