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  3. Inflation

Inflation

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  • J Offline
    J Offline
    Jolly
    wrote on 14 Jul 2022, 14:19 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

    M 1 Reply Last reply 13 Oct 2022, 14:33
    • A Away
      A Away
      Axtremus
      wrote on 13 Oct 2022, 14:10 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
      • J Jolly
        14 Jul 2022, 14:19

        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.

        M Offline
        M Offline
        Mik
        wrote on 13 Oct 2022, 14:33 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

        H 1 Reply Last reply 13 Oct 2022, 15:46
        • M Offline
          M Offline
          Mik
          wrote on 13 Oct 2022, 14:52 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
          • J Offline
            J Offline
            Jolly
            wrote on 13 Oct 2022, 14:55 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
            • M Mik
              13 Oct 2022, 14:33

              @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.

              H Offline
              H Offline
              Horace
              wrote on 13 Oct 2022, 15:46 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
              • M Offline
                M Offline
                Mik
                wrote on 13 Oct 2022, 16:24 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
                • G Offline
                  G Offline
                  George K
                  wrote on 13 Oct 2022, 16:35 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
                  • G Offline
                    G Offline
                    George K
                    wrote on 14 Oct 2022, 18:21 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 15 Oct 2022, 17:05 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
                      • M Offline
                        M Offline
                        Mik
                        wrote on 15 Oct 2022, 17:07 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
                          21 Nov 2021, 18:02

                          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 15 Oct 2022, 17:15 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

                          G 1 Reply Last reply 21 Nov 2022, 20:30
                          • taiwan_girlT Online
                            taiwan_girlT Online
                            taiwan_girl
                            wrote on 16 Oct 2022, 01:26 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 16 Oct 2022, 02:17
                            • taiwan_girlT taiwan_girl
                              16 Oct 2022, 01:26

                              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 16 Oct 2022, 02:17 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 G 2 Replies Last reply 16 Oct 2022, 02:46
                              • LuFins DadL LuFins Dad
                                16 Oct 2022, 02:17

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

                                taiwan_girlT Online
                                taiwan_girlT Online
                                taiwan_girl
                                wrote on 16 Oct 2022, 02:46 last edited by
                                #161

                                @LuFins-Dad Thanks!!!

                                1 Reply Last reply
                                • LuFins DadL LuFins Dad
                                  16 Oct 2022, 02:17

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

                                  G Offline
                                  G Offline
                                  George K
                                  wrote on 16 Oct 2022, 11:53 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 16 Oct 2022, 12:02
                                  • G George K
                                    16 Oct 2022, 11:53

                                    @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 Offline
                                    Doctor PhibesD Offline
                                    Doctor Phibes
                                    wrote on 16 Oct 2022, 12:02 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
                                    • G George K
                                      16 Oct 2022, 11:53

                                      @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 16 Oct 2022, 12:43 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 16 Oct 2022, 15:08
                                      • LuFins DadL LuFins Dad
                                        16 Oct 2022, 12:43

                                        @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 Offline
                                        Doctor PhibesD Offline
                                        Doctor Phibes
                                        wrote on 16 Oct 2022, 15:08 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

                                        H 1 Reply Last reply 16 Oct 2022, 15:25
                                        • Doctor PhibesD Doctor Phibes
                                          16 Oct 2022, 15:08

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

                                          H Offline
                                          H Offline
                                          Horace
                                          wrote on 16 Oct 2022, 15:25 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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