Inflation
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wrote on 3 Dec 2023, 15:49 last edited by
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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)
wrote on 4 Dec 2023, 16:45 last edited by@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.
wrote on 4 Dec 2023, 18:08 last edited by@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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wrote on 4 Dec 2023, 21:06 last edited by
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. -
wrote on 12 Dec 2023, 15:20 last edited by
Overall US Inflation decreases to 3.1%
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wrote on 12 Dec 2023, 15:25 last edited by
Go sell that to the American public.
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wrote on 12 Dec 2023, 15:31 last edited by
Or new car/truck buyer.
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Overall US Inflation decreases to 3.1%
wrote on 12 Dec 2023, 15:35 last edited by@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%
wrote on 12 Dec 2023, 15:37 last edited by -
wrote on 12 Dec 2023, 15:39 last edited by
BTW, gonna see a jump in beef prices...
“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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wrote on 12 Dec 2023, 16:35 last edited by
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.
wrote on 12 Dec 2023, 18:35 last edited by@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.
wrote on 12 Dec 2023, 19:02 last edited by@taiwan_girl said in Inflation:
A basic but good map of current inflation around the world.
Apparently North America ends at the 49th parallel.
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wrote on 12 Dec 2023, 19:14 last edited by
So US inflation is at 3% and that's really bad, and China's is negative, and that's really bad too.
What would be considered a good level?
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So US inflation is at 3% and that's really bad, and China's is negative, and that's really bad too.
What would be considered a good level?
wrote on 12 Dec 2023, 19:41 last edited by@Doctor-Phibes said in Inflation:
So US inflation is at 3% and that's really bad, and China's is negative, and that's really bad too.
What would be considered a good level?
After 2 years of high inflation? We will need to see several years at 1-1.5%.
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wrote on 12 Dec 2023, 21:41 last edited by
Case-in-point...At the beginning of Biden's term, the house note for a $400k home will now buy a $295k home...And homes are a bit more expensive than three years ago.
That's inflation that people can relate to...
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@Doctor-Phibes said in Inflation:
So US inflation is at 3% and that's really bad, and China's is negative, and that's really bad too.
What would be considered a good level?
After 2 years of high inflation? We will need to see several years at 1-1.5%.
wrote on 12 Dec 2023, 22:07 last edited by@LuFins-Dad said in Inflation:
@Doctor-Phibes said in Inflation:
So US inflation is at 3% and that's really bad, and China's is negative, and that's really bad too.
What would be considered a good level?
After 2 years of high inflation? We will need to see several years at 1-1.5%.
At one time 3% would have been considered really low. It’s really more important that we don’t have big fluctuations in my fairly untutored opinion, and that wages keep pace?
