Inflation
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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.
@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
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A basic but good map of current inflation around the world.
@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?
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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?
@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
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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%.
@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?
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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
@Doctor-Phibes said in Inflation:
@LuFins-Dad said in Inflation:
So things are still getting more expensive. Good to know.
He's got it down lower than Reagan managed
Absolute number? Yeah. Inflation has fallen from a high of 7.04% to 3.66%. About half.
Decrease in rate? Under Reagan it fell from from 8.92% to 3.83%.
https://www.macrotrends.net/2497/historical-inflation-rate-by-year
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And BTW, Ben Shapiro said on his last podcast that the employment numbers are a bit misleading. Job growth has occurred in three sectors - healthcare, government and hospitality. Hospitality is seasonal, of course. Other than that, most sectors have been flat or declining for eight months.
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All I know is my wife said a few minutes ago to me that there is a good deal where a 12-pack of Diet Pepsi is 2 for $10 whereas normally it is $7-8 now. I told her I still think it's going to be $2.50-$3.99 whenever I go to the store. Then again, I still think there is a dollar menu at McD's.
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All I know is my wife said a few minutes ago to me that there is a good deal where a 12-pack of Diet Pepsi is 2 for $10 whereas normally it is $7-8 now. I told her I still think it's going to be $2.50-$3.99 whenever I go to the store. Then again, I still think there is a dollar menu at McD's.
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Kevin's groceries:
I looked at what was in his grocery cart and did an amazon fresh cart to compare.
It came to about $65 for this year, iirc.
Toy soldiers are expensive.
Politifact rates this meme as false.
I added up their numbers: $55.81. Add sales tax - $61.39.
So, yeah. The meme is false, but by Politi"fact"s own numbers it $15 more than last years.
The inflation calculator says that it should have cost $46.59.
