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US inflation vs rest of the world
Posted on 9/27/23 at 6:47 am
Posted on 9/27/23 at 6:47 am
USA is in pretty good shape! Inflation coming down and much faster than most other countries.
Love to see it!
https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2
45
Posted on 9/27/23 at 6:49 am to Big_Sur
This is one of those things where people with apocalypse fetishes proclaim the death of the dollar because of our inflation/printing and ignore literally everywhere else in the world.
And someone can correct me, but the only reason Japan is lower than us is because they've been in a severe deflationary cycle for like 20 years, so I imagine their delta is bigger than our delta, too, but they started from a really low position.
And someone can correct me, but the only reason Japan is lower than us is because they've been in a severe deflationary cycle for like 20 years, so I imagine their delta is bigger than our delta, too, but they started from a really low position.
Posted on 9/27/23 at 6:51 am to Big_Sur
4% 
Posted on 9/27/23 at 6:51 am to Big_Sur
does the rest of the world use the same formula we use?
Remember the formula we used in the 70s/80s is now watered down.....
Remember the formula we used in the 70s/80s is now watered down.....
Posted on 9/27/23 at 6:54 am to Big_Sur
So you're saying that countries with socialist healthcare have higher inflation than the US? Interesting and very surprising. We should take note of this.
Posted on 9/27/23 at 6:54 am to Big_Sur
These numbers are horse shite. Is this a graph like the stat put out a few days ago where they calculated inflation but excluded homes, vehicles, energy, and food?
Posted on 9/27/23 at 6:54 am to SlowFlowPro
quote:
apocalypse fetishes
This gets amplified when the -other team- is occupying the White House.
Amplified further when folks start betting their retirement on the impending decline of the USA.
Posted on 9/27/23 at 6:59 am to Big_Sur
All that graph proves is that the government agencies are lying to the people
Posted on 9/27/23 at 7:00 am to dewster
quote:
4%? bullshite
Exactly.
I'm assuming 4% is the rate over a year, but still not correct. Taking one product, Speed Queen washer is up 30% in the last few years. It's all unicorn facts and rainbows, build back better is working from the middle out and bottom up.
Posted on 9/27/23 at 7:00 am to Big_Sur
"You conservatives need to stop preventing us from being more like Europe."
Also, "Stop freaking out, we're doing better than Europe."
Also, "Stop freaking out, we're doing better than Europe."
Posted on 9/27/23 at 7:02 am to Oilfieldbiology
quote:
These numbers are horse shite. Is this a graph like the stat put out a few days ago where they calculated inflation but excluded homes, vehicles, energy, and food?
Yep, is pure bullshite…
quote:
The annual core consumer price inflation rate in the United States, which excludes volatile items such as food and energy, fell to 4.7% in July 2023
As for the real inflation rate, as in what Americans feel every day when they do things like buy groceries or fill up their vehicles, all I can say is good luck finding it. Google won’t show it. That’s to be expected in a Marxist totalitarian state where the sources of information are all controlled by the Party.
This post was edited on 9/27/23 at 7:05 am
Posted on 9/27/23 at 7:05 am to LSUSUPERSTAR
quote:
It's all unicorn facts and rainbows, build back better is working from the middle out and bottom up.
Why are you only referencing BBB and not the trillions spent by Trump in 2020? They all causes inflation.
Posted on 9/27/23 at 7:06 am to Darth_Vader
quote:
Yep, is pure bullshite…
But it's pure bullshite for all the countries listed.
Whatever increase in prices for the "volatile items" y'all think will make us look worse will likely be worse in the countries listed, too.
Posted on 9/27/23 at 7:07 am to Big_Sur
Here is the kicker - America increased money supply by over 40% in a 2 year window.
Money supply volatility is your inflation.
Money supply volatility is your inflation.
Posted on 9/27/23 at 7:07 am to Big_Sur
quote:
USA is in pretty good shape!
You do realize inflation for the rest of the world often occurs because the dollar is the most commonly used currency globally? So if we weren't having inflation due to horrible policies that flooded our markets with dollars, likely the rest of the world wouldn't either or at least it wouldn't be as large.
Posted on 9/27/23 at 7:07 am to Big_Sur
Why is that graph labeled as "Data explorer: inflation forecasts for 2023" and there are comments from 2 years ago in that article?
It's all forecasts?
quote:
It includes economists’ expectations for the future, which show forecasts for inflation in several major economies have now stabilised. Including in the US, France and Germany, according to forecasters polled by Consensus Economics.
quote:
Investors’ expectations of where inflation will be five years from now have declined from their recent peaks.
It's all forecasts?
Posted on 9/27/23 at 7:09 am to Darth_Vader
quote:
which excludes volatile items such as food and energy
Why would food and energy be volatile?
Should we prioritize making the two most basic needs for civilization not be volatile?
Posted on 9/27/23 at 7:09 am to jivy26
quote:
You do realize inflation for the rest of the world often occurs because the dollar is the most commonly used currency globally?
Inflation is occurring around the world for the same reason it's hitting us hard: Covid spending.
quote:
So if we weren't having inflation due to horrible policies that flooded our markets with dollars, likely the rest of the world wouldn't either or at least it wouldn't be as large.
They flooded their own markets with their own currencies. You think the US is the only country that can print money?
Posted on 9/27/23 at 7:10 am to KillTheGophers
quote:
Here is the kicker - America increased money supply by over 40% in a 2 year window.
Money supply volatility is your inflation.
No shite.
We increased our money supply at lower rates than pretty much anywhere in the developed world (and even non-developed countries).
This is all reaction to Covid spending and EVERYONE was printing Covid bucks
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