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Inflation Beyond the Stars Thread for April 12


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2022 Apr 12, 12:49am   147,537 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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1516   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.
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1517   RWSGFY   2024 Nov 27, 9:37pm  

AD says

.

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.
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,


Buy your own quote says it's still below 3%, so it's still "the days".
1518   AD   2024 Nov 28, 9:55am  

RWSGFY says

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.

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1519   preed   2024 Nov 29, 6:14am  

AD says

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.
1522   zzyzzx   2024 Nov 29, 8:44am  

They might actually be doing good here:


1523   Maga_Chaos_Monkey   2024 Nov 29, 12:50pm  

preed says

No. I paid in and I want what I paid.
1525   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?
1527   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
1536   zzyzzx   2024 Dec 12, 6:06am  

Less packets now:


1538   zzyzzx   2024 Dec 17, 7:39am  

Same price, but half the dose:


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