Inflation
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https://www.theatlantic.com/ideas/archive/2023/12/inflation-prices-buying-habits/676191/
... And in surveys, people say that they are trading down because of cost pressures. But in fact they are spending more than they ever have, even after accounting for higher prices. ...
Everything is going along swimmingly.
https://www.theatlantic.com/ideas/archive/2023/12/inflation-prices-buying-habits/676191/
... And in surveys, people say that they are trading down because of cost pressures. But in fact they are spending more than they ever have, even after accounting for higher prices. ...
Everything is going along swimmingly.
And rates have gone from 17% to 23%.
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Goldman Sachs report says that the chance of recession is down to 15%.
Should President Biden get credit for this? 555
(I think you all know my answer)
@taiwan_girl said in Inflation:
Goldman Sachs report says that the chance of recession is down to 15%.
Should President Biden get credit for this? 555
(I think you all know my answer)
Honestly we need a recession. Or something that'll bring prices backdown. It's hard to imagine meals at McDonalds will never go back down... I still pull up thinking there is a dollar menu. The McDouble that was $1 a few years ago is now like $3.79.
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@taiwan_girl said in Inflation:
Goldman Sachs report says that the chance of recession is down to 15%.
Should President Biden get credit for this? 555
(I think you all know my answer)
Honestly we need a recession. Or something that'll bring prices backdown. It's hard to imagine meals at McDonalds will never go back down... I still pull up thinking there is a dollar menu. The McDouble that was $1 a few years ago is now like $3.79.
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@taiwan_girl said in Inflation:
Goldman Sachs report says that the chance of recession is down to 15%.
Should President Biden get credit for this? 555
(I think you all know my answer)
Honestly we need a recession. Or something that'll bring prices backdown. It's hard to imagine meals at McDonalds will never go back down... I still pull up thinking there is a dollar menu. The McDouble that was $1 a few years ago is now like $3.79.
@taiwan_girl said in Inflation:
Goldman Sachs report says that the chance of recession is down to 15%.
Should President Biden get credit for this? 555
(I think you all know my answer)
Honestly we need a recession. Or something that'll bring prices backdown. It's hard to imagine meals at McDonalds will never go back down... I still pull up thinking there is a dollar menu. The McDouble that was $1 a few years ago is now like $3.79.
Beef prices are fixing to jump.
Just thought I'd share that tidbit...
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Honestly we need a recession. Or something that'll bring prices backdow
Nothing brings prices down. The best you can hope for is a slower rise.
We don't actually want prices to come down. I'm not 100% sure why, but that's what clever people say. And by clever people, I mean of course economists.
Clever, but not quite clever enough to do a proper science degree. -
Overall US Inflation decreases to 3.1%
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Overall US Inflation decreases to 3.1%
@taiwan_girl said in Inflation:
Overall US Inflation decreases to 3.1%
So things are still getting more expensive. Good to know.
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Overall US Inflation decreases to 3.1%
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A basic but good map of current inflation around the world.
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@taiwan_girl said in Inflation:
Overall US Inflation decreases to 3.1%
So things are still getting more expensive. Good to know.
@LuFins-Dad said in Inflation:
So things are still getting more expensive. Good to know.
He's got it down lower than Reagan managed
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A basic but good map of current inflation around the world.
@taiwan_girl said in Inflation:
A basic but good map of current inflation around the world.
Apparently North America ends at the 49th parallel.