Inflation change the lowest in over two years

Concart said:
If the idea was to bring down inflation, then it's hard to argue that the rate cuts weren't effective. That said, there are so many variables that impact both supply and demand, it's impossible to know how much each of those variables has impacted prices. For example, we know that the Covid variables (pent up consumer demand, supply side issues, infusion of dollars into the money supply, etc.) were and are still at work. Egg prices shot up due to avian flu, and they are now dropping at a record pace. The Ukraine war was a huge variable.

Point is there is no way to know how much one factor that impacts demand had on prices. But the good news is that it appears we have adjusted the levers such that we have NOT gone into recession, job creation remains strong, and growth is slow but steady. That says we have, through legislation and policies, mitigated the impact of the Fed raising rates. IMHO it's impressive.
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The ONE factor is DEMOCRATS.

DEMOCRATS ordered the Fed to print more money (faster than wealth being created through capitalism), a direct cause of inflation.
DEMOCRATS started the current economic depression in 2019 by fear mongering Covid19.
DEMOCRATS caused 'supply side issues' by causing higher fuel costs and lingering problems with ports due to covid19 bullshit. Not enough trucks and ships, dude.
Only the Fed can infuse dollars into the money supply. It's been ordered by DEMOCRATS to do so.
Egg prices shot up because of DEMOCRAT interference with the market, blaming it on 'avian flu' and destroying birds not even infected with it!
The Ukraine war is not part of our economy and doesn't affect it. It was enabled, BTW, by DEMOCRATS. Putin has nothing to fear from Biden.
There are no magick 'levers'.
Job creation in GOVERNMENT remains strong. Jobs in private industry are going unfilled because of government welfare caused by DEMOCRATS.

Economic depression is NOT 'mitigating' anything.
 
Into the Night said:
Never have.
* price controls do not work.
* managing an economy does not work.
* socialism does not work.

Inversion fallacy. The current economic ideas of Democrats is the problem.

You are describing Democrats.


Correct...for Democrats.

Inversion fallacies. You are describing yourself again.
Click to expand...

Poly is a Russian cracker
 
Concart said:
CPI rose 4.0 percent year over year. That's the lowest figure in over two years. Unemployment is at a 50 year low, and growth is slow but steady.

What happened to the great depression? What happened to the stock market crash? Why am I buckled up when the car isn't moving?

"The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in May on a seasonally adjusted basis, after increasing 0.4 percent in April, the U.S. Bureau of Labor Statistics
reported today. Over the last 12 months, the all items index increased 4.0 percent before seasonal adjustment."

https://www.bls.gov/news.release/cpi.nr0.htm

Discuss.
Click to expand...

Countries are dropping the dollar like a hot potato. Buckle up butter cup.


23 Countries Now Abandoning US Dollar
 
Concart said:
CPI rose 4.0 percent year over year. That's the lowest figure in over two years. Unemployment is at a 50 year low, and growth is slow but steady.

What happened to the great depression? What happened to the stock market crash? Why am I buckled up when the car isn't moving?

"The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in May on a seasonally adjusted basis, after increasing 0.4 percent in April, the U.S. Bureau of Labor Statistics
reported today. Over the last 12 months, the all items index increased 4.0 percent before seasonal adjustment."

https://www.bls.gov/news.release/cpi.nr0.htm

Discuss.
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that is 4 % YEAR OVER YEAR inflation meaning we have 4% more inflation than we did one year ago so you add 4% to the 7% inflation and we are up more than 11% higher than when Biden took office THAT SUCKS
 
Geeko Sportivo said:
The only thing that is causing prices to come down, is the supply meeting the demand thing.

As long as stupid or rich people continue to buy all the overpriced things such as meat and meat products, as just one example, those prices will never come back down to Earth. I don't even buy meat anymore unless it is on sale. I just wait for it to go on sale. And someone always has a sale somewhere.
But you have to take advantage of them, be willing to shop around and compare like your Mother did, and HOLD FIRM on your buying decisions.

See what you can do without for a couple of months and watch the prices come back down.
Click to expand...

I was raised poor


Was poor until I was around 30

I always shopped like this


The vast majority of my furniture is second hand

Bought in junk stores and refinished

I have pieces I have had for decades

Beautiful wood furniture build like brick houses

Nick nack decorative items with awesome stories behind their finding and then the research as to their old use


Never bought a pet

Only rescues


Both my homes were fixers

Nearly all the plants in my yard are things people offered me or grown from cuttings


To me saving money on things is a fun game
 
ExpressLane said:
that is 4 % YEAR OVER YEAR inflation meaning we have 4% more inflation than we did one year ago so you add 4% to the 7% inflation and we are up more than 11% higher than when Biden took office THAT SUCKS
Click to expand...

Your party crashes the economy with their corporate whoredom Economic ideas


History clearly shows that asshole
 
Geeko Sportivo said:
The only thing that is causing prices to come down, is the supply meeting the demand thing.

As long as stupid or rich people continue to buy all the overpriced things such as meat and meat products, as just one example, those prices will never come back down to Earth. I don't even buy meat anymore unless it is on sale. I just wait for it to go on sale. And someone always has a sale somewhere.
But you have to take advantage of them, be willing to shop around and compare like your Mother did, and HOLD FIRM on your buying decisions.

See what you can do without for a couple of months and watch the prices come back down.
Click to expand...
So now meat is luxury item . Thanks Biden :facepalm:
 
ExpressLane said:
Yourparty’s attack on fossil energy and massive over spending caused inflation
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They are destroying the planet idiot


That’s why Americas youth hate the Republican Party


They are a dying industry


Time for better technology to kill them off
 
evince said:
I was raised poor


Was poor until I was around 30

I always shopped like this


The vast majority of my furniture is second hand

Bought in junk stores and refinished

I have pieces I have had for decades

Beautiful wood furniture build like brick houses

Nick nack decorative items with awesome stories behind their finding and then the research as to their old use


Never bought a pet

Only rescues


Both my homes were fixers

Nearly all the plants in my yard are things people offered me or grown from cuttings


To me saving money on things is a fun game
Click to expand...

I didn’t buy a new car until I was 50


That was a focus

Cheap, one of the safest at the time


And notorious for being fun to drive


I still have it


I love it
 
Which direction is your standard of living going in? I saw a report the other day that inflation has now outpaced wage growth for 26 months.
 
evince said:
I was raised poor


Was poor until I was around 30

I always shopped like this


The vast majority of my furniture is second hand

Bought in junk stores and refinished

I have pieces I have had for decades

Beautiful wood furniture build like brick houses

Nick nack decorative items with awesome stories behind their finding and then the research as to their old use


Never bought a pet

Only rescues


Both my homes were fixers

Nearly all the plants in my yard are things people offered me or grown from cuttings


To me saving money on things is a fun game
Click to expand...

Most of my money-saving and money-making opportunities stem from hobbies.

One of my hobbies is comparing sales ads and visiting $1.00 stores, and grocery shopping in general.

Kroger's sells a 5 oz. bottle of A1 Steak sauce for $3.95 and the very same thing sells at the Dollar Tree for $1.49- same brand- same bottle- same expiration date.

People just don't know how to shop, and don't even venture out to compare these things. That is the only reason why Kroger gets away with such ridiculous mark-ups as this.

You have to just make grocery shopping another one of your hobbies. I look at visiting $1 stores and Thrift stores as Treasure Hunts.
 
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ExpressLane said:
that is 4 % YEAR OVER YEAR inflation meaning we have 4% more inflation than we did one year ago so you add 4% to the 7% inflation and we are up more than 11% higher than when Biden took office THAT SUCKS
Click to expand...

Concart never was any good at math. He denies even the simplest of math.
 
evince said:
Your party crashes the economy with their corporate whoredom Economic ideas


History clearly shows that asshole
Click to expand...

You are describing Democrats, dumbass.
Corporations are just businesses. They can only exist when there is an ongoing profit. That IS the economy, dumbass...everything from the local pizza shop or the local bicycle shop to Walmart.
 
ExpressLane said:
Yourparty’s attack on fossil energy and massive over spending caused inflation
Click to expand...

Sounds like you don't know what the fuck you are even talking about.

You found something that is just easy for any cynic on a political agenda to just say, but unable to prove!

If you want to actually get intelligent people to agree with you, you should offer proof of your claims!

Otherwise, it is just another unproven Conspiracy Theory coming from a BUTT HURT man who can't get over losing an election!

You have nothing but your own opinion Sir!

Opinions have one thing in common- EVERY ONE WITH AN ASSHOLE HAS ONE!

And every assholes has an opinion, as well!
 
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Into the Night said:
You are describing Democrats, dumbass.
Corporations are just businesses. They can only exist when there is an ongoing profit. That IS the economy, dumbass...everything from the local pizza shop or the local bicycle shop to Walmart.
Click to expand...

Think of that during fireworks viewing at your city fireworks display this year. Someone makes those fireworks (no, they are NOT from China!), someone gets them to the show site and sets them up and fires them. That's all economy too, dumbass. Corporations and other businesses.
 
Into the Night said:
You are describing Democrats, dumbass.
Corporations are just businesses. They can only exist when there is an ongoing profit. That IS the economy, dumbass...everything from the local pizza shop or the local bicycle shop to Walmart.
Click to expand...

The facts:in modern economic history all the USA economic downturns happened under the helm of the Republican Party


Shove those facts up Trumps fat ass next time you reach in there for your next lie
 
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