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Inflation Beyond the Stars Thread for April 12


               
2022 Apr 12, 12:49am   203,398 views  1,895 comments

by TheAntiPanicanLearingCenter   follow (9)  

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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1872   AD   2025 Dec 9, 1:47pm  



1873   Eric_Holder   2025 Dec 9, 5:36pm  

mell says


It's not his fault as it takes a while but making this promise was dangerous, it may come back haunting him.


It was the Fed who slowed down inflation by jacking up rates. If anything, Donnie might have contributed to prices going (or staying) up by shotgunning tariffs on everything and everybody. Good thing he TACOed from many of these but the remaining do not help. And now he is whining about lowering rates and planning sending out $2K stimulus checks. Both are inflationary. He needs to supress his realtard instincts and let higher rates do their thing. And no fucking stimulus checks - enough of that shit!
1874   Patrick   2025 Dec 9, 9:26pm  

AD says

Gas and egg prices are lower than what they were in the Birdbrain Biden regime.


This is definitely true where I live.
1875   AD   2025 Dec 12, 7:20pm  

price of slice of pizza increased about 4.5% annually since 1970s


1876   AD   2025 Dec 12, 8:22pm  

The compound annual growth rate (CAGR) of ACA benchmark Silver plan premiums in Florida from 2014 to 2025 is about 6.9% per year.

The average ACA Silver plan premium has inflated at ~5.7% CAGR since 2014, significantly outpacing general inflation and employer health plan costs. This underscores why subsidies are critical: without them, affordability would erode quickly.
1877   AD   2025 Dec 12, 8:40pm  

Eric_Holder says

It was the Fed who slowed down inflation by jacking up rates.


As I mentioned Trump has taken specific measures to reduce egg and gas prices. So Presidential policies do matter, along with the monetary policies of the Fed.

I guess Trump could offer incentives to counties and builders to build affordable housing like townhomes with at least 1 car garages.
1878   zzyzzx   2025 Dec 17, 5:40am  

Less dental floss:


1879   zzyzzx   2025 Dec 17, 5:47am  

Less trash bags:


1880   AD   2025 Dec 18, 10:34am  

CPI (i.e., annual inflation) reported today at 2.6%, and the lowest its been since 2021.

WINNING !
1881   clambo   2025 Dec 18, 10:40am  

Although I hate to throw cold water on good news, that $2000 per person free money from the US Treasury (income limits apply) will probably be inflationary.

Oh well, I don't care; inflation will be caused by people buying shit and my stocks will go up (e.g. AAPL) as people line up at the Apple Store.

Further off the subject, I'm absolutely loving my MacBook Air for $800; it's "insanely great."
1882   Patrick   2025 Dec 19, 11:33am  

https://slaynews.com/news/core-inflation-plunges-lowest-since-early-2021/


Inflation dropped more sharply than economists predicted in November, giving U.S. consumers long-awaited relief and bolstering President Donald Trump’s argument that the price surge that began under the previous administration has finally been reversed.

The Department of Labor reported Wednesday that the consumer price index rose 2.7 percent year-over-year.

The figure is down from three percent in September and well below the 3.1 percent economists expected.
1883   HeadSet   2025 Dec 20, 9:16am  

Patrick says


The figure is down from three percent in September and well below the 3.1 percent economists expected.

Gasoline and rent prices fell.
1884   HeadSet   2025 Dec 20, 9:18am  

clambo says

Although I hate to throw cold water on good news, that $2000 per person free money from the US Treasury (income limits apply) will probably be inflationary.

Yep.

clambo says

my stocks will go up (e.g. AAPL) as people line up at the Apple Store.

I have Apple stock as well, but I do not think AAPL will see much more price appreciation.
1885   AD   2025 Dec 20, 3:47pm  

HeadSet says

I have Apple stock as well, but I do not think AAPL will see much more price appreciation.


Can Apple maintain its current growth rate and enough repeat and loyal buyers of its products and services (i.e., Apple TV, Apple Store, iPhone, etc) ?

Or are the younger generations not as much interested in Apple ?
1886   Misc   2025 Dec 21, 10:48pm  

Patrick.net should be the first to warn humanity about the new and latest form of shrinkflation.

That is having one or more servings per package be defective. Happening more and more frequently.
1887   zzyzzx   2026 Jan 7, 5:29am  

Peppermint bark tin has a false bottom to make it look full:


1888   The_Deplorable   2026 Jan 9, 12:40pm  

Is this Inflation or just plain fraud?


1889   Misc   2026 Jan 9, 1:02pm  

In Arizona, the minimum wage went from $11.00 per hour to $15.15 per hour now. The number of items served didn't increase. A lot of people from California moved in and didn't want people to be paid "slave" wages.

It didn't help out the employees a bit, the increase in rent as well as other price increases put them further behind, except for those living with Mom and Dad.
1890   RWSGFY   2026 Jan 9, 4:16pm  

The_Deplorable says

Is this Inflation or just plain fraud?





How is it fraud? Have words lost all meaning?
1891   HeadSet   2026 Jan 9, 7:58pm  

The_Deplorable says

Is this Inflation or just plain fraud?

Rise in minimum wage.
1892   AD   2026 Jan 10, 12:04am  

RWSGFY says

How is it fraud? Have words lost all meaning?


That is true as far as the rise in working class wage. They are now paying a starting hourly rate about $16 an hour at McDonald's in Panama City Beach. It was around $10 an hour in 2019. It is now about $9 for a Big Mac meal.

California's minimum wage is around $17 but they probably pay $20 as a starting hourly wage at McDonalds.
1893   The_Deplorable   2026 Jan 10, 12:58am  

RWSGFY says
"How is it fraud? Have words lost all meaning?"

No... I am wondering because my income did not double or triple in the same
period of time.
1894   Booger   2026 Jan 10, 3:37am  

The_Deplorable says

Is this Inflation or just plain fraud?




Besides food inflation, minimum wage increases, insurance and property tax increases, and probably McDonald's increasing prices until people stop buying. I'd love to see the accounting on this.

Remember that prices today have more to do with what the market will bear, not the cost of production.
1895   HeadSet   2026 Jan 10, 9:48am  

Booger says


Remember that prices today have more to do with what the market will bear, not the cost of production.

Always have. Production costs always eat into profit, not revenue.

Odd that the public will complain about a high-priced hamburger, but not about the $800 iPhone that cost Apple $20 to make.

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