Inflation
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A minor detail...
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Sorry, if you don't have a graph and a couple of sets of data tables, Ax does not take just any evidence to heart.
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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.
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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Go sell that to the American public.
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Or new car/truck buyer.
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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.
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BTW, gonna see a jump in beef prices...
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A basic but good map of current inflation around the world.
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@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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@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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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?