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Forum ยป Does anyone actually believe the current inflation rates? (1.4% LOL)
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Thread: Does anyone actually believe the current inflation rates? (1.4% LOL)

post 1633110503 03-06-2021, 03:24 PM
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Does anyone actually believe the current inflation rates? (1.4% LOL)

https://www.usinflationcalculator.co...flation-rates/

Almost everything significantly costs more now. Food, cars, energy, electronics, houses, healthcare, college, exercise equipment

Maybe clothes are the only thing that doesn't cost more

And they say the inflation rate is 1.4%, what a joke
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post 1633110633 03-06-2021, 03:25 PM
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isn't it about a basket of goods? maybe other things are less expensive which is keeping the rate 'low'? prolly not dollar weighted as things like housing, education, and healthcare cost way more.
<HTC>
post 1633110853 03-06-2021, 03:29 PM
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Originally Posted By solidus2k3⏩
isn't it about a basket of goods? maybe other things are less expensive which is keeping the rate 'low'? prolly not dollar weighted as things like housing, education, and healthcare cost way more.
That's always been the explanation, that even though house/college/healthcare costs have been exploding, inflation is low because other stuff is pulling the rate down. Like cars and electronics and food.

But now electronics, cars, and food cost a lot more so they can't pull that card
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
post 1633111153 03-06-2021, 03:32 PM
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Originally Posted By solidus2k3⏩
isn't it about a basket of goods? maybe other things are less expensive which is keeping the rate 'low'? prolly not dollar weighted as things like housing, education, and healthcare cost way more.
They arbitrarily change the basket. What items they choose has a big effect on the number.http://www.shadowstats.com/

Goldman says commodities are the best hedgehttps://www.zerohedge.com/commoditie...ity-supercycle

I bought some GSG, IYE, MXI, FILL, VEGI, IYM
post 1633111353 03-06-2021, 03:34 PM
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Originally Posted By rootcon⏩
They arbitrarily change the basket. What items they choose has a big effect on the number.http://www.shadowstats.com/

Goldman says commodities are the best hedgehttps://www.zerohedge.com/commoditie...ity-supercycle

I bought some GSG, IYE, MXI, FILL, VEGI, IYM
I don't have the mental focus to read the CPI documents, but wouldn't surprise if their index assumes now that an average person spends 90% of their income on clothes, 5% on housing, and 5% on food. Cause thats the only possible way I can see 1.4% inflation over the past year. LOL

Don't forget the US has an incentive to report low inflation, as it affects social security payouts, TIPS (inflation protected bonds) etc
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
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