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re: Somebody please explain the supposed bullshite 8.5% inflation rate
Posted on 9/5/22 at 3:26 pm to Geekboy
Posted on 9/5/22 at 3:26 pm to Geekboy
Fuel, housing and food are not usually factored in to inflation. Too variable. They are included in the consumer price index which has a truer reflection on the damage done to consumers.
I’m a home builder. My cost of goods and labor has been inflated about 80% in a little over a year.
I’m a home builder. My cost of goods and labor has been inflated about 80% in a little over a year.
1
Posted on 9/5/22 at 3:30 pm to Geekboy
It is calculated using a tiny fraction of what Americans purchase in order to make it seem lower.
Posted on 9/5/22 at 3:32 pm to XenScott
quote:
I’m a home builder. My cost of goods and labor has been inflated about 80% in a little over a year.
I’m in the refining business. Chemicals have gone up over 100% since 2021 and over 60% since January.
Posted on 9/5/22 at 3:33 pm to thejuiceisloose
quote:
Did you expect each and every item to be raised 8.5%? Some items are up 3%, other things are up 10%. Inflation effects different items differently
This….and inflation also measures goods and services. So while the goods you purchase at the store may be up well over 8.5% year over year, the fixed cost of a service like insurance and mortgage payments help reduce the overall rate.
Posted on 9/5/22 at 3:42 pm to tigerbutt
quote:
Please name one item that has only gone up 3%.
Actually stocks are down at least 10% this last year so that’s -10%. And if you throw some tech stocks in that CPI then inflation is much less than 8%. Biden could make an argument for DEflation !
Posted on 9/5/22 at 3:52 pm to Geekboy
Old Roy getting pricey, huh?
Posted on 9/5/22 at 3:53 pm to Geekboy
What kind of POS buys their dog 12 dollar dog food.
Posted on 9/5/22 at 3:54 pm to Geekboy
Here we go with another inflation crying thread! When is and who will start the newest Cane’s one?
You are pathetic. You spend so much time worried about sports and other useless bullshite that you don’t educate yourself enough and put in enough effort to better your financial situation so that you’re not affected and don’t get thrown into a tizzy by a $5 increase in the price of a bag of dog food.
Smarten up and get your priorities straight before all you have to rely on in old age is social security and need to eat dog food for dinner. Quit being a slave to others and the government.
I spend about an hour each day reading financial information and news to make money off the current inflationary and political environment instead of wasting my time on bullshite sports stories or crying about the price of dog food.
You couldn’t even google how the frick they calculate the inflation rate. Instead you post here asking it to be spoon fed to you. Learn mother fricker!
Like I already said, pathetic.
You are pathetic. You spend so much time worried about sports and other useless bullshite that you don’t educate yourself enough and put in enough effort to better your financial situation so that you’re not affected and don’t get thrown into a tizzy by a $5 increase in the price of a bag of dog food.
Smarten up and get your priorities straight before all you have to rely on in old age is social security and need to eat dog food for dinner. Quit being a slave to others and the government.
I spend about an hour each day reading financial information and news to make money off the current inflationary and political environment instead of wasting my time on bullshite sports stories or crying about the price of dog food.
You couldn’t even google how the frick they calculate the inflation rate. Instead you post here asking it to be spoon fed to you. Learn mother fricker!
Like I already said, pathetic.
Posted on 9/5/22 at 3:55 pm to BabyTac
quote:
Who cares??? You afforded it didn’t you? Nobody is changing their lifestyle. Things costs more. So what. If you couldn’t afford it, you wouldn’t have bought it.
You can't be this stupid...
Posted on 9/5/22 at 3:57 pm to Geekboy
We building back better!!!
It’s only going to get worse as long as these commies are in charge. Buckle up!
It’s only going to get worse as long as these commies are in charge. Buckle up!
Posted on 9/5/22 at 4:03 pm to Realityintheface
who’s alter are you? or just our latest $90k “millionaire” in Livingston Parish?
Posted on 9/5/22 at 4:06 pm to Smeg
quote:
You can't be this stupid...
Yes that poster is a yuge JB fan
Posted on 9/5/22 at 4:06 pm to Porpus
quote:
This is true. The number is always a "per year" figure.
Dog food going up more than goods in general tells me that dog food exhibits low price elasticity of demand. That is, the people making it think you're going to buy it regardless of price. There's no price point at which you starve your dog (or make him eat corn cobs and coffee grounds or whatever).
Congrats on the economics minor.
Posted on 9/5/22 at 4:08 pm to Geekboy
The inflation rate goes down the faster you drive.
Posted on 9/5/22 at 4:12 pm to Smeg
BabyTac proudly voted for this, so likes to pretend inflation doesn’t exist. his broke arse is likely hurting as bad as anyone, he’s just lying
This post was edited on 9/5/22 at 4:21 pm
Posted on 9/5/22 at 4:12 pm to Geekboy
I'd say more than 70% percent of the trash on this board voted for this.
And by trash I mean LITERAL trash. Cuz trash is trashy.
And by trash I mean LITERAL trash. Cuz trash is trashy.
Posted on 9/5/22 at 4:28 pm to Geekboy
Bidens* America. It’s what happens when the money printing machine works overtime………
Posted on 9/5/22 at 4:39 pm to Geekboy
It's just (D)ifferent
Posted on 9/5/22 at 5:16 pm to BabyTac
quote:
BabyTac
Full. Blown. Retard.
Posted on 9/5/22 at 5:20 pm to Klark Kent
quote:
who’s alter are you? or just our latest $90k “millionaire” in Livingston Parish?
I would embarrass you with my rates of return.
You already tried to clown me with this joke.
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