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Inflation Beyond the Stars Thread for April 12


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2022 Apr 12, 12:49am   147,387 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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1078   stereotomy   2024 May 20, 2:21pm  

I'm seeing 50% inflation in REAL food and REAL stuff. Shittastic Chindian garbage is only up 25%. Sure, my investments (inflation leading assets) are up 50% - that just means that I've gone nowhere in the past 4 years adjusted for Bidenomics.
1083   zzyzzx   2024 May 22, 5:23am  

Filled less and with more oil as filler.

1085   zzyzzx   2024 May 22, 5:30am  

Mostly empty bag:


1086   zzyzzx   2024 May 22, 5:31am  

These were expensive before all the Bidenflation:


1087   zzyzzx   2024 May 22, 5:32am  

With less cards now, and more expensive (Dollar Tree):


1089   Onvacation   2024 May 22, 8:06am  

AD says

I am wondering if the Big Mac meal has always cost about 80% of the entry level hourly wage (assuming that the meal size and quality remains the same).

Or was it 50% back in the 1990s ?

In 1970 a big mac, fries, and soda cost about $1.25. Minimum wage was $1.50.

Still about an hours work for a meal.

McDonald's was better back then.
1090   zzyzzx   2024 May 22, 9:57am  

https://www.reddit.com/r/tacobell/comments/1ctt99t/decreasing_sour_cream_serving/

Decreasing sour cream serving

I’m a Taco Bell manager, and today we got new sour cream guns. They give out at least half the amount of sour cream as before for the same price! Just wanted to let y’all know. I’m also wondering if other locations are doing this too.
1091   HeadSet   2024 May 22, 11:00am  

zzyzzx says

I’m a Taco Bell manager, and today we got new sour cream guns. They give out at least half the amount of sour cream as before for the same price!

Maybe their customer will become less obese.
1112   zzyzzx   2024 May 30, 5:12am  

Now with less alcohol:


1114   AD   2024 May 31, 9:06am  

Inflation is holding steady below 3% based on PCE, which is what the Federal Reserve applies to determine Federal Funds Rate changes.

..............................

Stock indexes were mostly lower Friday after the release of the Fed's preferred inflation gauge, the personal-consumption expenditures price index.

The core April PCE, which excludes volatile food and energy prices, rose 0.2% from March and 2.8% year-over-year. Both numbers were close to economists' expectations.

The Chicago Business Barometer declined by more than economists expected to the lowest level in four years, a sign of declining businesses activity.

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-earnings-05-31-2024

.
1115   AD   2024 May 31, 9:49pm  

.

One indicator as far as the economy cooling (and hopefully inflation decreasing): https://www.mypanhandle.com/news/nearly-40-of-americans-paid-a-late-fee-in-past-12-months-survey

I saw the PCE (which the Federal Reserve uses to monitor inflation) is at 2.7% for last 12 months so at least annual inflation remains below 3%.

.
1116   zzyzzx   2024 Jun 3, 5:29am  

AD says


I saw the PCE (which the Federal Reserve uses to monitor inflation) is at 2.7% for last 12 months so at least annual inflation remains below 3%.


Fixed:
so at least annual inflation remains below 6%

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