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Inflation Beyond the Stars Thread for April 12


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2022 Apr 12, 12:49am   147,023 views  1,539 comments

by AmericanKulak   ➕follow (8)   💰tip   ignore  

Since we know the numbers are going to suck since Peppermint Patty is leading the Amen Corner Media to blame Putin for it:
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

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1165   HeadSet   2024 Jun 23, 6:57am  

The_Deplorable says




https://x.com/VigilantFox/status/1804208288503890169
Unless a blue state unexpectedly swings red, the election will come down to 5 or so swing states. In those states, it will come down to certain districts, and that is where the cheat will be. For example, Virginia will vote for Trump, but a blue district like heavily populated Fairfax County will "find" tens of thousands of votes late into the night after the polls close. If the number of needed fraud votes is high enough, they can add another DC suburban county into the cheat. Anyone who tries to expose or prevent the cheat risks arrest by the FBI or local police for "election interference.

I say this because during the during the 2021 Governers race, the Dems had 30,000 unsigned votes in Fairfax County waiting for a judge to bless them if needed. Fortunately, the Republican Glen Youngkin was over 60,000 votes ahead, so the Dems did not bother with the fake 30,000 votes.



That 30,000 unsigned votes was just one part of the steal, the Dems had planned to fraud some western Virginia counties, but unlike the 2020 Presidential race, the Republicans had manned every precinct, so that Dem fraud was thwarted.

Thus, the election will not come down to how many votes Trump gets, as Trump will be way ahead. The result will be determined by how well the Republicans can thwart the well planned vote fraud that will be implemented by the Dem/RIno alliance. Risky, as the DOJ will harass any whistle blowers and the blue district judges will refuse any investigations into vote fraud due to "lack of standing."
1168   zzyzzx   2024 Jun 24, 4:37am  

On less bar:


1170   zzyzzx   2024 Jun 24, 4:41am  

1 oz less:


1177   Al_Sharpton_for_President   2024 Jun 27, 5:20am  

So should one be allowed to claim a capital loss on cash one is holding?
1181   komputodo   2024 Jun 28, 12:15pm  

c'mon man...a $100 basket of groceries 2 years ago is only $120 now``````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````` zzyzzx says





that's just the chips "settling"
1182   komputodo   2024 Jun 28, 12:19pm  

zzyzzx says

Now 2oz less almonds:




ebt clowns should always have cocoa roasted almonds in their pantry...Its a GOD GIVEN RIGHT
1187   AD   2024 Jun 28, 11:16pm  

Overall PCE (annual inflation) reported today for end of May 2024 data as 2.6%.

Annual inflation (based on PCE) excluding food energy has been trending below 3% for last 6 months.

Overall PCE has been trending below 2.8% for last 6 months.

The new normal likely is annual inflation between 2.5% and 3.5%.

I noticed the 3 bedroom, 2.5 bath, 2 car garage townhomes within 2 miles of the Florida Panhandle's beaches are listed for around $295,000.

Their peak sales price was in early 2022 around $330,000, and the locked-in 30 year mortgage rate was around 3.25%.

And the rent price is around $2200 which is same as it was 2 to 3 years ago.

.
1188   AD   2024 Jun 28, 11:21pm  

Notice from the PCE data that durable goods continues to show deflationary or minimum inflationary pressure, as people are buying less computers, cars, refrigerators, furniture, etc.

That should be one of the first signs or symptoms that the economy is slowing down.

Its going to be interesting if the economy slows enough in next few months and right before the November election for people to allow that to influence their vote.

I am looking at Real Clear Politics composite poll data and all those Democrat Senators like in Nevada and Ohio are ahead in the polls. This should be the year that the Republicans can take back the Senate with a +3 seat lead.

.
1189   AD   2024 Jun 28, 11:49pm  

Here is another bellweather as far as the economy cooling:

https://finance.yahoo.com/news/nike-stock-sinks-after-company-projects-larger-sales-decline-than-expected-in-2025-192129443.html

The Democrats might be just lucky that the mainstream media and the federal bureaucracy manage the economy's narrative so that enough voters are fooled to think the economy is doing well going into the election.

The bough breaks after the November election when the false narrative cannot overcome that sour of economic conditions.
.
1192   DOGEWontAmountToShit   2024 Jun 29, 4:59pm  

Those are LEGOs locked up there:


1199   AD   2024 Jul 1, 11:31pm  

.

https://abc7.com/post/state-farm-seeking-30-rate-hike-california-homeowners/15009617/

State Farm raised property insurance rates in California by 20% this year.

They are requesting a 30% increase for next year.

So a 56% increase in 2 years

(calculation: 1.2 x 1.3 = 1.56)

How much of the increase is not due to increase in the home's replacement value ?

I would surmise at least 65% of the increase is not due to increase in the home's replacement value.

Home values in California went up about 40% to 60% since January 2020.

.
1201   zzyzzx   2024 Jul 2, 11:03am  

The good news is, soon you will be a millionaire. The bad news is, so will everyone else.

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