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  3. Inflation

Inflation

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  • 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 Away
      AxtremusA Away
      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 Offline
              HoraceH Offline
              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
                              • LuFins DadL LuFins Dad

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

                                taiwan_girlT Offline
                                taiwan_girlT Offline
                                taiwan_girl
                                wrote on last edited by
                                #161

                                @LuFins-Dad Thanks!!!

                                1 Reply Last reply
                                • LuFins DadL LuFins Dad

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

                                  George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #162

                                  @LuFins-Dad said in Inflation:

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

                                  Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                  Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                  Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                  "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.

                                  Doctor PhibesD LuFins DadL 2 Replies Last reply
                                  • George KG George K

                                    @LuFins-Dad said in Inflation:

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

                                    Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                    Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                    Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                    Doctor PhibesD Online
                                    Doctor PhibesD Online
                                    Doctor Phibes
                                    wrote on last edited by
                                    #163

                                    @George-K said in Inflation:

                                    @LuFins-Dad said in Inflation:

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

                                    Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                    Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                    Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                    That would be hilarious if it wasn't so sad.

                                    I was only joking

                                    1 Reply Last reply
                                    • George KG George K

                                      @LuFins-Dad said in Inflation:

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

                                      Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                      Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                      Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                      LuFins DadL Offline
                                      LuFins DadL Offline
                                      LuFins Dad
                                      wrote on last edited by
                                      #164

                                      @George-K said in Inflation:

                                      @LuFins-Dad said in Inflation:

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

                                      Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                      Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                      Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                      July of 2021 had a lower CPI than September of 2021. Finding the actual CPI numbers goes beyond my simple Googlefu but I know that 8.2% increase ~5.5% is greater than 8.2% over 4.2%…

                                      The Brad

                                      Doctor PhibesD 1 Reply Last reply
                                      • LuFins DadL LuFins Dad

                                        @George-K said in Inflation:

                                        @LuFins-Dad said in Inflation:

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

                                        Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                        Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                        Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                        July of 2021 had a lower CPI than September of 2021. Finding the actual CPI numbers goes beyond my simple Googlefu but I know that 8.2% increase ~5.5% is greater than 8.2% over 4.2%…

                                        Doctor PhibesD Online
                                        Doctor PhibesD Online
                                        Doctor Phibes
                                        wrote on last edited by
                                        #165

                                        Biden and Pelosi seem to be unaware of the difference between an increase and an increase in rate of change.

                                        I was only joking

                                        HoraceH 1 Reply Last reply
                                        • Doctor PhibesD Doctor Phibes

                                          Biden and Pelosi seem to be unaware of the difference between an increase and an increase in rate of change.

                                          HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by
                                          #166

                                          @Doctor-Phibes said in Inflation:

                                          Biden and Pelosi seem to be unaware of the difference between an increase and an increase in rate of change.

                                          I suspect they are dumbing down the messaging so that people with circa 5th percentile critical thing skills will buy this story that makes their party look competent.

                                          Education is extremely important.

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