Inflation Beyond the Stars Thread for April 12
invite response
2022 Apr 12, 12:49am 144,917 views 1,494 comments
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1290
Patrick
2024 Aug 15, 11:30am
Patrick
2024 Aug 15, 11:30am
https://slaynews.com/news/america-suffers-worst-food-inflation-four-decades-biden-harris/
America Suffers Worst Food Inflation in over Four Decades under Biden-Harris
It is not just any inflation, but the kind that strikes at the heart of every family’s kitchen—grocery prices.
If we can expect a free and fair election, then the numbers should spell doom for Harris’s election bid.
Polls consistently show that inflation is the top concern for voters.
1294
FortwayeAsFuckJoeBiden
2024 Aug 16, 8:19am
Patrick says
covid lockdown and spending inflation caused this. thing is, both parties were behind this massive bank bailout that was excused under faux covid bullshit. economy was gonna collapse.
covid lockdown and spending inflation caused this. thing is, both parties were behind this massive bank bailout that was excused under faux covid bullshit. economy was gonna collapse.
1298
AD
2024 Aug 16, 10:48am
AD
2024 Aug 16, 10:48am
.
I've been tracking Urban Blu apartments in Panama City Beach as they have been offering 1 month free rent for a 13 month lease
The prices are holding steady especially for 2 bedroom apartments over the last 3 years
https://finance.yahoo.com/news/free-rent-free-parking-landlords-080004654.html
Seems like it is more a renters and buyers market in Panama City Beach
.
I've been tracking Urban Blu apartments in Panama City Beach as they have been offering 1 month free rent for a 13 month lease
The prices are holding steady especially for 2 bedroom apartments over the last 3 years
https://finance.yahoo.com/news/free-rent-free-parking-landlords-080004654.html
Seems like it is more a renters and buyers market in Panama City Beach
.
1303
mell
2024 Aug 18, 11:50am
HeadSet says
People don't move anymore. Lots of exercise and (hetero) sex is good for you
The_Deplorable says
Seems like waist sizes should have come down as well.
People don't move anymore. Lots of exercise and (hetero) sex is good for you
1306
AD
2024 Aug 18, 4:38pm
AD
2024 Aug 18, 4:38pm
DemocratsAreTotallyFucked says
US median home price increased by by about 3.9% from $165,000 in 2000 to $412,000 in 2024.
I recall about 10 years ago Professor Shiller (of Case-Shiller Index) stating home prices historically have increased by 4% over the last 100 years.
Income was flat, at least for me as there were no wage increases for GS level federal employees from 2010 to 2013.
Average Wage Index was $32,000 in 2000 and in 2022 it was $64,000; hence AWI went up about 2.9% a year from 2000 to 2022.
https://www.ssa.gov/oact/cola/awidevelop.html
So housing has been going up at least 1% more a year compared to wages (or household total income) since 2000 ?
That means other aggregates or segments that are used to calculate annual inflation need to be less than wage inflation. Hence, utilities, transportation, healthcare and food inflation should be 2% if wage inflation is 3%.
.
US median home price increased by by about 3.9% from $165,000 in 2000 to $412,000 in 2024.
I recall about 10 years ago Professor Shiller (of Case-Shiller Index) stating home prices historically have increased by 4% over the last 100 years.
Income was flat, at least for me as there were no wage increases for GS level federal employees from 2010 to 2013.
Average Wage Index was $32,000 in 2000 and in 2022 it was $64,000; hence AWI went up about 2.9% a year from 2000 to 2022.
https://www.ssa.gov/oact/cola/awidevelop.html
So housing has been going up at least 1% more a year compared to wages (or household total income) since 2000 ?
That means other aggregates or segments that are used to calculate annual inflation need to be less than wage inflation. Hence, utilities, transportation, healthcare and food inflation should be 2% if wage inflation is 3%.
.
1315
AD
2024 Aug 19, 8:13am
AD
2024 Aug 19, 8:13am
Back in late 2019, chicken legs were 99 cents per pound at Walmart on Front Beach Road in Panama City Beach. They are now $1.26 a pound.
1321
DemocratsAreTotallyFucked
2024 Aug 20, 1:26pm
DemocratsAreTotallyFucked
2024 Aug 20, 1:26pm
The_Deplorable says
And we are starting to do what he is stopping.
We STOPPED Printing Money
https://x.com/CilComLFC/status/1825299191662567920
And we are starting to do what he is stopping.
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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