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The New Coffee Room

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  3. Inflation

Inflation

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #37

    A minor detail...

    “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
    • LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on last edited by
      #38

      Store Credit Cards at 33%

      https://www.usatoday.com/story/money/2023/11/01/credit-card-interest-rates-climb-to-33-percent/71391622007/

      The Brad

      1 Reply Last reply
      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #39

        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.

        “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
        • George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #40

          GAYS_-CWwAAXuTz.jpeg

          "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
          • taiwan_girlT taiwan_girl

            Goldman Sachs report says that the chance of recession is down to 15%.

            https://thehill.com/business/4187314-soft-landing-summer-goldman-sachs-cuts-recession-odds-to-15-percent/

            Should President Biden get credit for this? 555

            (I think you all know my answer)

            89th8 Offline
            89th8 Offline
            89th
            wrote on last edited by
            #41

            @taiwan_girl said in Inflation:

            Goldman Sachs report says that the chance of recession is down to 15%.

            https://thehill.com/business/4187314-soft-landing-summer-goldman-sachs-cuts-recession-odds-to-15-percent/

            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.

            George KG JollyJ 2 Replies Last reply
            • 89th8 89th

              @taiwan_girl said in Inflation:

              Goldman Sachs report says that the chance of recession is down to 15%.

              https://thehill.com/business/4187314-soft-landing-summer-goldman-sachs-cuts-recession-odds-to-15-percent/

              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.

              George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #42

              @89th said in Inflation:

              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.

              "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 1 Reply Last reply
              • 89th8 89th

                @taiwan_girl said in Inflation:

                Goldman Sachs report says that the chance of recession is down to 15%.

                https://thehill.com/business/4187314-soft-landing-summer-goldman-sachs-cuts-recession-odds-to-15-percent/

                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.

                JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #43

                @89th said in Inflation:

                @taiwan_girl said in Inflation:

                Goldman Sachs report says that the chance of recession is down to 15%.

                https://thehill.com/business/4187314-soft-landing-summer-goldman-sachs-cuts-recession-odds-to-15-percent/

                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...

                “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
                • George KG George K

                  @89th said in Inflation:

                  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.

                  Doctor PhibesD Online
                  Doctor PhibesD Online
                  Doctor Phibes
                  wrote on last edited by
                  #44

                  @George-K said in Inflation:

                  @89th said in Inflation:

                  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.

                  I was only joking

                  1 Reply Last reply
                  • taiwan_girlT Offline
                    taiwan_girlT Offline
                    taiwan_girl
                    wrote on last edited by
                    #45

                    Overall US Inflation decreases to 3.1%

                    IMG_0228.JPG

                    LuFins DadL CopperC 2 Replies Last reply
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #46

                      Go sell that to the American public.

                      “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

                      George KG 1 Reply Last reply
                      • JollyJ Jolly

                        Go sell that to the American public.

                        George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #47

                        @Jolly said in Inflation:

                        Go sell that to the American public.

                        A home-buyer or renter.

                        "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
                        • JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #48

                          Or new car/truck buyer.

                          “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
                          • taiwan_girlT taiwan_girl

                            Overall US Inflation decreases to 3.1%

                            IMG_0228.JPG

                            LuFins DadL Offline
                            LuFins DadL Offline
                            LuFins Dad
                            wrote on last edited by
                            #49

                            @taiwan_girl said in Inflation:

                            Overall US Inflation decreases to 3.1%

                            IMG_0228.JPG

                            So things are still getting more expensive. Good to know.

                            The Brad

                            Doctor PhibesD 1 Reply Last reply
                            • taiwan_girlT taiwan_girl

                              Overall US Inflation decreases to 3.1%

                              IMG_0228.JPG

                              CopperC Offline
                              CopperC Offline
                              Copper
                              wrote on last edited by
                              #50

                              @taiwan_girl said in Inflation:

                              Overall US Inflation decreases to 3.1%

                              Prices are still going up.

                              1 Reply Last reply
                              • JollyJ Offline
                                JollyJ Offline
                                Jolly
                                wrote on last edited by
                                #51

                                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

                                MikM 1 Reply Last reply
                                • taiwan_girlT Offline
                                  taiwan_girlT Offline
                                  taiwan_girl
                                  wrote on last edited by
                                  #52

                                  A basic but good map of current inflation around the world.

                                  https://flo.uri.sh/visualisation/13458161/embed

                                  Doctor PhibesD 1 Reply Last reply
                                  • LuFins DadL LuFins Dad

                                    @taiwan_girl said in Inflation:

                                    Overall US Inflation decreases to 3.1%

                                    IMG_0228.JPG

                                    So things are still getting more expensive. Good to know.

                                    Doctor PhibesD Online
                                    Doctor PhibesD Online
                                    Doctor Phibes
                                    wrote on last edited by
                                    #53

                                    @LuFins-Dad said in Inflation:

                                    So things are still getting more expensive. Good to know.

                                    He's got it down lower than Reagan managed

                                    I was only joking

                                    George KG 1 Reply Last reply
                                    • taiwan_girlT taiwan_girl

                                      A basic but good map of current inflation around the world.

                                      https://flo.uri.sh/visualisation/13458161/embed

                                      Doctor PhibesD Online
                                      Doctor PhibesD Online
                                      Doctor Phibes
                                      wrote on last edited by
                                      #54

                                      @taiwan_girl said in Inflation:

                                      A basic but good map of current inflation around the world.

                                      https://flo.uri.sh/visualisation/13458161/embed

                                      Apparently North America ends at the 49th parallel.

                                      I was only joking

                                      1 Reply Last reply
                                      • JollyJ Jolly

                                        BTW, gonna see a jump in beef prices...

                                        MikM Offline
                                        MikM Offline
                                        Mik
                                        wrote on last edited by
                                        #55

                                        @Jolly said in Inflation:

                                        BTW, gonna see a jump in beef prices...

                                        Already have. Pretty standard cuts and ground beef are up 50 to 100%.

                                        “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
                                        • Doctor PhibesD Online
                                          Doctor PhibesD Online
                                          Doctor Phibes
                                          wrote on last edited by
                                          #56

                                          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?

                                          I was only joking

                                          LuFins DadL 1 Reply Last reply
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