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Inflation Beyond the Stars Thread for April 12
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2022 Apr 12, 12:49am 145,802 views 1,536 comments
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1516
AD
2024 Nov 27, 9:32am
AD
2024 Nov 27, 9:32am
.
https://apnews.com/article/inflation-federal-reserve-economy-3f7af74b5e5f814593999f3786dae949
https://www.bea.gov/data/personal-consumption-expenditures-price-index
The Federal Reserve's preferred inflation indicator (Personal Consumption Expenditure (PCE)) was 2.3% for last 12 months as reported today, and it is up from 2.1%.
From 1992 to 2020, the PCE was primarily between 1 and 3%. Those were the days.
,
,
https://apnews.com/article/inflation-federal-reserve-economy-3f7af74b5e5f814593999f3786dae949
https://www.bea.gov/data/personal-consumption-expenditures-price-index
The Federal Reserve's preferred inflation indicator (Personal Consumption Expenditure (PCE)) was 2.3% for last 12 months as reported today, and it is up from 2.1%.
From 1992 to 2020, the PCE was primarily between 1 and 3%. Those were the days.
,
,
1517
RWSGFY
2024 Nov 27, 9:37pm
RWSGFY
2024 Nov 27, 9:37pm
AD says
Buy your own quote says it's still below 3%, so it's still "the days".
.
https://apnews.com/article/inflation-federal-reserve-economy-3f7af74b5e5f814593999f3786dae949
https://www.bea.gov/data/personal-consumption-expenditures-price-index
The Federal Reserve's preferred inflation indicator (Personal Consumption Expenditure (PCE)) was 2.3% for last 12 months as reported today, and it is up from 2.1%.
From 1992 to 2020, the PCE was primarily between 1 and 3%. Those were the days.
,
,
Buy your own quote says it's still below 3%, so it's still "the days".
1518
AD
2024 Nov 28, 9:55am
AD
2024 Nov 28, 9:55am
RWSGFY says
I am hoping we return to "those days" with Trump in the White House. At least he can slow down the government's rate of growth to just below the annual inflation rate.
.
Buy your own quote says it's still below 3%, so it's still "the days".
I am hoping we return to "those days" with Trump in the White House. At least he can slow down the government's rate of growth to just below the annual inflation rate.
.
1519
preed
2024 Nov 29, 6:14am
AD says
No. I paid in and I want what I paid. I worked three jobs while going to college at night, then busted my butt to save money. Why should those who spent down everything get more?!
One idea is to have a slight means test for social security
No. I paid in and I want what I paid. I worked three jobs while going to college at night, then busted my butt to save money. Why should those who spent down everything get more?!
1521
clambo
2024 Nov 29, 8:14am
Re: Saving for retirement, to AD's post above.
Any "broke boomer on social security alone" who had invested ANY amount per month in the stock market would have made a bundle in the last 30 years.
Since 1992, the S&P 500 index return average until 2024 is an amazing 10.39%.
This return will double your principal every 7 years ("rule of 72").
There should never be a Cost of Living Increase to Social Security; it's impossible in any true pension.
Any "broke boomer on social security alone" who had invested ANY amount per month in the stock market would have made a bundle in the last 30 years.
Since 1992, the S&P 500 index return average until 2024 is an amazing 10.39%.
This return will double your principal every 7 years ("rule of 72").
There should never be a Cost of Living Increase to Social Security; it's impossible in any true pension.
1525
RWSGFY
2024 Nov 30, 11:46pm
RWSGFY
2024 Nov 30, 11:46pm
DOGEWontAmountToShit says
Yeah, it's the acceleration vs speed thing. Does he really not know the difference or just trying to yank bread and butter out of Cucker Tarlson's muzzle?
Yeah, it's the acceleration vs speed thing. Does he really not know the difference or just trying to yank bread and butter out of Cucker Tarlson's muzzle?
1527
RWSGFY
2024 Dec 3, 8:15am
https://x.com/joebrusuelas/status/1861902819571433631
RWSGFY
2024 Dec 3, 8:15am
... the price of butter up 30%. Dairy, oil and vegetables are up 74% since December ...
https://x.com/joebrusuelas/status/1861902819571433631
1534
Misc
2024 Dec 9, 5:41pm
So...according to the governor of New York, the cure to inflation is sending out more "Free Money"
This time it will work for sure
https://www.msn.com/en-us/money/markets/new-york-governor-proposes-500-inflation-refund-checks-for-residents/ar-AA1vxSif
This time it will work for sure
https://www.msn.com/en-us/money/markets/new-york-governor-proposes-500-inflation-refund-checks-for-residents/ar-AA1vxSif
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https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net