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Inflation Beyond the Stars Thread for April 12
invite response
2022 Apr 12, 12:49am 146,479 views 1,539 comments
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1327
zzyzzx
2024 Aug 22, 9:16am
zzyzzx
2024 Aug 22, 9:16am
Patrick says
@Patrick https://www.reddit.com/r/shrinkflation/new/
zzyzzx, where do you get these inflation pictures?
@Patrick https://www.reddit.com/r/shrinkflation/new/
1329
AD
2024 Aug 22, 11:15pm
AD
2024 Aug 22, 11:15pm
zzyzzx says
Its about $12 for a foot long meatball marinana sub at Subway in Panama City Beach. Use to be $5 in 2014, hence it increased about 11% a year in price :-/
I heard this week about the Subway CEO warning franchise owners about the survival of the company
This is from 2023: https://nypost.com/2023/08/28/subway-foot-traffic-crumbles-more-than-20-as-sandwich-maker-oks-9-6b-sale-data/
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Sub sandwich no longer fits the container:
Its about $12 for a foot long meatball marinana sub at Subway in Panama City Beach. Use to be $5 in 2014, hence it increased about 11% a year in price :-/
I heard this week about the Subway CEO warning franchise owners about the survival of the company
This is from 2023: https://nypost.com/2023/08/28/subway-foot-traffic-crumbles-more-than-20-as-sandwich-maker-oks-9-6b-sale-data/
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1342
AD
2024 Aug 24, 12:27am
AD
2024 Aug 24, 12:27am
Housing Affordability Index (source data from https://www.nar.realtor/research-and-statistics/housing-statistics/housing-affordability-index)
I believe housing accounts for about 35% of Consumer Price Index (CPI)
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I believe housing accounts for about 35% of Consumer Price Index (CPI)
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1344
HeadSet
2024 Aug 24, 10:50am
HeadSet
2024 Aug 24, 10:50am
AD says
No first-time buyers means no trade up buyers either. Prices will have to drop, or folks will have to double up to buy a house.
No first-time buyers means no trade up buyers either. Prices will have to drop, or folks will have to double up to buy a house.
1345
AD
2024 Aug 24, 12:13pm
AD
2024 Aug 24, 12:13pm
grocery at 721 Church Street Santa Maria California 93458 (805) 928-2006
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1353
AD
2024 Aug 26, 9:59pm
AD
2024 Aug 26, 9:59pm
Landlord just dropped it to $1950 from $2100 a month. At $1950, that is same price nearly paid for rent in 2021.
3 bedroom, 1 car garage about 2 miles from beach and 10 minute walk to strip mall with Dollar General, Gurus Pizza (Indian and Italian food restaurant), Asian massage parlor, Cricket Wireless store, etc
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3 bedroom, 1 car garage about 2 miles from beach and 10 minute walk to strip mall with Dollar General, Gurus Pizza (Indian and Italian food restaurant), Asian massage parlor, Cricket Wireless store, etc
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1362
AD
2024 Aug 30, 6:06pm
AD
2024 Aug 30, 6:06pm
Annual inflation as per PCE is 2.5% as reported today. PCE has average 3% or less since October 2023.
If I was the Federal Reserve I'd not lower rates until it averages 2.25% for at least 6 consecutive months.
https://www.bea.gov/data/personal-consumption-expenditures-price-index
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If I was the Federal Reserve I'd not lower rates until it averages 2.25% for at least 6 consecutive months.
https://www.bea.gov/data/personal-consumption-expenditures-price-index
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1365
AD
2024 Sep 2, 1:08pm
AD
2024 Sep 2, 1:08pm
this is in the best place on Earth, the Florida panhandle
and it includes WiFi and electric, water and sewer
at the height of the COVID pandemic, this would easily rent for $1500
just to show you even in the desirable Florida panhandle that housing costs (rents) are going down
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and it includes WiFi and electric, water and sewer
at the height of the COVID pandemic, this would easily rent for $1500
just to show you even in the desirable Florida panhandle that housing costs (rents) are going down
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1366
AD
2024 Sep 2, 11:48pm
AD
2024 Sep 2, 11:48pm
if guvmint-reported inflation continues to steady around 2.5% then the 30 year Treasury likely will steady around 3.75% and the 30 year mortgage will steady around 5.5%
My forecast the 30 year mortgage rate will steady around 5.5% by next February
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My forecast the 30 year mortgage rate will steady around 5.5% by next February
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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