BigRedBuster Posted August 10, 2022 Author Share Posted August 10, 2022 9 minutes ago, Scarlet said: Year over year it's at 8.5%. For the month of July it was 0% primarily to falling gas prices. https://www.axios.com/2022/08/10/inflation-cpi-report-july Inflation is not 0. The change in inflation might be 0. Or, they are talking about inflation from June to July. Link to comment
BigRedBuster Posted August 10, 2022 Author Share Posted August 10, 2022 10 minutes ago, Scarlet said: https://www.bls.gov/news.release/archives/cpi_08102022.htm#:~:text=There were some indexes that,for the period ending June. OK, that makes more sense. But, the original tweet is misleading. Link to comment
Archy1221 Posted August 10, 2022 Share Posted August 10, 2022 2 hours ago, BigRedBuster said: OK, that makes more sense. But, the original tweet is misleading. Purposely, and with a retweet by the Chief of Staff. And a R admin would tweet the same thing I imagine. It’s frustrating to see the constant spin. 1 2 Link to comment
BigRedBuster Posted August 15, 2022 Author Share Posted August 15, 2022 OIl down another 4% today. All futures below $90. Sep gas futures, below $3. 1 1 Link to comment
BigRedBuster Posted August 25, 2022 Author Share Posted August 25, 2022 I think the feds are supposed to announce what they are going to do with interest rates maybe tomorrow. I think it would be a mistake to raise them again right now. Link to comment
teachercd Posted August 26, 2022 Share Posted August 26, 2022 The housing market sure has changed, at least here in Omaha, in the last two months. Everything is now listed as "XX reduced" prices are falling fast. Link to comment
BigRedBuster Posted August 26, 2022 Author Share Posted August 26, 2022 As always, I think the feds are behind on this. I think the economy is slowing faster than what is being reported. Just like when inflation really hit, their delay in reporting doesn't really tell the story of what is happening right now. Link to comment
Moiraine Posted August 26, 2022 Share Posted August 26, 2022 35 minutes ago, BigRedBuster said: As always, I think the feds are behind on this. I think the economy is slowing faster than what is being reported. Just like when inflation really hit, their delay in reporting doesn't really tell the story of what is happening right now. How/why the hell did they pick this photo? Link to comment
BigRedBuster Posted August 26, 2022 Author Share Posted August 26, 2022 5 minutes ago, Moiraine said: How/why the hell did they pick this photo? I thought it was funny. I'm assuming they wanted a pick of a poor person buying food. Link to comment
Archy1221 Posted August 28, 2022 Share Posted August 28, 2022 Bernie Sanders staffers need to take econ101 again 1 Link to comment
Moiraine Posted August 28, 2022 Share Posted August 28, 2022 2 hours ago, Archy1221 said: Bernie Sanders staffers need to take econ101 again What am I missing here with your comment? He has a follow up tweet adjusting for inflation. Still looks terrible. But they are fixing a symptom, not the problem. I wish they would fix both. They could start by not doing parent loans. Any loans for college taken out by someone other than the student should have to meet the same criteria as a normal loan. Maybe if a student is going out of state they should only get student loans worth the amount it would have cost to stay in state. And parents/high schools need to stop telling every kid they should go to school, and employers should stop requiring degrees for things it's stupid to require degrees for. I confess I don't know why the cost to attend school has increased so much. Maybe it's exactly because schools have an almost unlimited pool of students who have free money to spend. I'm sure there are other things too but I don't know much about it. Link to comment
Archy1221 Posted August 28, 2022 Share Posted August 28, 2022 9 minutes ago, Moiraine said: What am I missing here with your comment? 1 Link to comment
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