Inflation down, Dow up 1000 points

TOP said:
I did answer the question so not sure why you're asking .. which is why I did not repeat myself...
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No, you didn't. You appear unable to do math. Because year over year inflation is lower, therefore prices are DROPPING. Would you maybe like me to state this in the form of a word problem? Would that help, teach?
 
Joe Capitalist said:
Yep, I made a ton of money today in the market.

MAGA wets panties!
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The last month has been very good. Mainly because, as always, the market overreacted to inflation, and is now adjusting. The market is up because INFLATION IS DOWN. Investors like numbers better than the feelings of a bunch of idiots.
 
Concart said:
No, you didn't. You appear unable to do math. Because year over year inflation is lower, therefore prices are DROPPING. Would you maybe like me to state this in the form of a word problem? Would that help, teach?
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I do, explain why my bills continue to increase?
 
Nope



I gave a link to the facts I proffered


Unlike the right here and their lame personal insults in place of facts
 
The government figure for inflation (not accurate btw) might have eased slightly from the prior month, but it is still in an upward trajectory.
 
Concart said:
Yes it is down. I hope you didn't teach math, because you should have figured out that 7.7 is less than 9.1. You get that, right? You haven't won anything yet. In fact, there is universal agreement that Republicans vastly underperformed. You misread EVERYTHING. Outside chance that Dems will win the House and increase their advantage in the Senate. Your party is feckless. They can put on a dog and pony show, but the party is weak, and in the middle of a Civil War. If you call that winning, teach, I'd hate to see what you think a loss would have been.
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a little more detail and context from http://www.shadowstats.com/

down .45. better than up certainly but not enough to start popping Dom Perigon corks.

November 10th, 2:00 p.m. ET]. -– IN THE NEWS: Headline CPI-U year-to-year inflation eased to 7.75% in October 2022, from 8.20% in September, with the ShadowStats Alternate CPI easing to 15.9% in October from 16.4% in September, despite some rebound in gasoline prices. Although off near-term peak in the post-Pandemic cycle, those current year-to-year inflation rates otherwise remain at respective 42-year and 75-year highs.
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Also of note... The moron in the OP thinks that "inflation is down" because it is "growing at a slower rate", per government year over year numbers.

Guess what, dude... Inflation is still up, even if it, according to government year over year numbers, is up at a "slightly less unsustainable level" than it was before.

This is also a misleading narrative. Inflation will continue to skyrocket for the foreseeable future.
 
gfm7175 said:
Also of note... The moron in the OP thinks that "inflation is down" because it is "growing at a slower rate", per government year over year numbers.

Guess what, dude... Inflation is still up, even if it, according to government year over year numbers, is up at a "slightly less unsustainable level" than it was before.





This is also a misleading narrative. Inflation will continue to skyrocket for the foreseeable future.
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Some internets poster or the experts?



That was easy
 
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