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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation

Inflation

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  • 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 Offline
              Doctor PhibesD Offline
              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 Offline
                                Doctor PhibesD Offline
                                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 Offline
                                  Doctor PhibesD Offline
                                  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%.

                                    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

                                    1 Reply Last reply
                                    • Doctor PhibesD Offline
                                      Doctor PhibesD Offline
                                      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
                                      • Doctor PhibesD Doctor Phibes

                                        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?

                                        LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #57

                                        @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%.

                                        The Brad

                                        Doctor PhibesD 1 Reply Last reply
                                        • JollyJ Offline
                                          JollyJ Offline
                                          Jolly
                                          wrote on last edited by
                                          #58

                                          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...

                                          “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

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