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Biden lessens inflation

Phys251

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bongsaway

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A little inflation was going to happen as the economy rebounded sharply. Or do these anti-maskers want their economy put back in time-out again?
The only thing they know they want for sure is to own the libs. Sadly they have no idea what that actually means and dying from covid ain't it.
 

gdgyva

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wow

inflation down to .5%

and only reason for that is used car prices finally started to subside

food, gas, energy, and rent....you know the important shit...ALL MUCH HIGHER

so not going to jump for joy at a lessening rate at just under 5% right now

inflation is still out of control....
 

rickc

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wow

inflation down to .5%

and only reason for that is used car prices finally started to subside

food, gas, energy, and rent....you know the important shit...ALL MUCH HIGHER

so not going to jump for joy at a lessening rate at just under 5% right now

inflation is still out of control....

Why Food and Energy Prices Are Excluded
Food and energy prices are exempt from this calculation because their prices can be too volatile or fluctuate wildly. ... As a result, food and energy prices for these goods are excluded from the calculation of core inflation.
 

gdgyva

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Why Food and Energy Prices Are Excluded
Food and energy prices are exempt from this calculation because their prices can be too volatile or fluctuate wildly. ... As a result, food and energy prices for these goods are excluded from the calculation of core inflation.
Energy prices rose 1.6% in July after a 1.5% gain in the prior month. Food prices moderated slightly, rising 0.7% after a 0.8% gain in June. Owners equivalent rent, a measure of housing, rose 0.3%.

They arent included in the .5% but were included in the article....and they do matter

food 1.5% in just 2 months
energy 3.1% in just 2 months

yeah....nothing to worry about

:sick: :cry:
 

DataPoint

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wow

inflation down to .5%

and only reason for that is used car prices finally started to subside

food, gas, energy, and rent....you know the important shit...ALL MUCH HIGHER

so not going to jump for joy at a lessening rate at just under 5% right now

inflation is still out of control....

Nope, gopper: it is normal adjustment, nothing more.

Economically, matters go from bad to worse for goppers, while it goes from good to great for the American people.
 

99percenter

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Energy prices rose 1.6% in July after a 1.5% gain in the prior month. Food prices moderated slightly, rising 0.7% after a 0.8% gain in June. Owners equivalent rent, a measure of housing, rose 0.3%.

They arent included in the .5% but were included in the article....and they do matter

food 1.5% in just 2 months
energy 3.1% in just 2 months

yeah....nothing to worry about

:sick: :cry:
Why didn't gophers complain when trump was calling for this?

 

American

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A little inflation was going to happen as the economy rebounded sharply. Or do these anti-maskers want their economy put back in time-out again?
It's your economy too, unfortunately.
 

rickc

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Check out wholesale lumber prices. That will give you an idea of how prices will go. As supply meets demand prices will return to a more normal range.

Our GDP growth has been stuck in the 2% to 3% range for a decade or more. GDP growth this year is over 6%.
 

gdgyva

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Why didn't gophers complain when trump was calling for this?

what do "negative rates" have to do with inflation?

the OP and the thread is about INFLATION

negative rates or lower interest rates are to try and boost the economy

the issue becomes when it doesnt work, and the FED no longer has anything left in its arsenal to try and jump start a failing economy
 

99percenter

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what do "negative rates" have to do with inflation?

the OP and the thread is about INFLATION

negative rates or lower interest rates are to try and boost the economy

the issue becomes when it doesnt work, and the FED no longer has anything left in its arsenal to try and jump start a failing economy
So you think negative rates won't cause inflation? :rolleyes:
 

highroller

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Energy prices rose 1.6% in July after a 1.5% gain in the prior month. Food prices moderated slightly, rising 0.7% after a 0.8% gain in June. Owners equivalent rent, a measure of housing, rose 0.3%.

They arent included in the .5% but were included in the article....and they do matter

food 1.5% in just 2 months
energy 3.1% in just 2 months

yeah....nothing to worry about

:sick: :cry:
I see we are back to complaining that CPI doesn’t include extremely volatile items.
 

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LostinThought

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Cherry picking some information over the rest can show that it might lessen, yes. However inflation is going to keep being a problem for a while and this administrations policies, don't seem to paint a comfortable way out off it for us.

I just wish we'd stop paying people to not work and have them get jobs again.
 

gdgyva

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I see we are back to complaining that CPI doesn’t include extremely volatile items.
no....not complaining about that

just not jumping for joy that inflation is ONLY .5% this month

countering the OP's joy.....
 

Common Sense 1

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Inflation is off and running. With Bidens crazy spending it's just going to get worse!
 

highroller

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Problem is most of us don't live only by Core-CPI expenses.
Most of us do by it’s very definition. People also rely of volatile commodities whose prices can’t be controlled with monetary policies.
 

99percenter

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please cite where that has happened before....

They cause asset bubbles, but not inflation
You all need classes on basic economics



"In general, as interest rates are reduced, more people are able to borrow more money. The result is that consumers have more money to spend. This causes the economy to grow and inflation to increase


The opposite holds true for rising interest rates. As interest rates are increased, consumers tend to save because returns from savings are higher. With less disposable income being spent, the economy slows and inflation decreases."
 

Bullseye

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Most of us do by it’s very definition. People also rely of volatile commodities whose prices can’t be controlled with monetary policies.
But contribute to actual on the ground inflation - yes? You think the difference matters to ordinary people?
 
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