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How juicy is tomorrow's inflation report going to be?
06-09-2021, 09:57 AM
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#1
How juicy is tomorrow's inflation report going to be?
China just reported 9% in May for their producer price index.
Curious to see what kind of numbers they fudge for tomorrow's CPI report.
My guess is they report ~4.5%, with the actual number being 15-20%.
Curious to see what kind of numbers they fudge for tomorrow's CPI report.
My guess is they report ~4.5%, with the actual number being 15-20%.
Misc Entrepreneur Crew
06-09-2021, 09:58 AM
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#2
- twovalvekid
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- twovalvekid
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Oof. If china is actually reporting "9%" i wonder what it actually is.
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06-09-2021, 10:00 AM
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#3
06-09-2021, 10:04 AM
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#4
- ProudKraut
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- ProudKraut
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Looks like everyone agrees that the numbers will be fake so who cares.
06-09-2021, 10:07 AM
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#5
- BroImNigerian
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- BroImNigerian
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Unaware
Since when are inflation reports fake?
Since when are inflation reports fake?
06-09-2021, 10:20 AM
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#6
06-09-2021, 10:23 AM
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#7
06-09-2021, 10:24 AM
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#8
- kcadrenalin
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- kcadrenalin
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no more mean tweets though
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Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. -Benjamin Franklin
Tits and Beer
06-09-2021, 10:31 AM
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#9
- BulkingIsHard
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- BulkingIsHard
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15% is a little excessive, I've been betting on around 7% -9%
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
06-09-2021, 10:32 AM
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#10
- exxtracool
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- exxtracool
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Originally Posted By BulkingIsHard⏩
they been printing money like its board game brother.15% is a little excessive, I've been betting on around 7% -9%
06-09-2021, 10:34 AM
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#11
06-09-2021, 10:34 AM
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#12
06-09-2021, 10:35 AM
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#13
- FAPhaggot
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It's going to be fukked. As a Calibrah, we have statewide rent control now that allows landlords to hike rents by 5% + CPI inflation number. If I renewed today, my rent would have gone up 10% in 8 months, and that's WITH a rent cap. Who knows wtf tomorrow will bring. My complex is currently listing identical units for 13% more than what I pay.
The Fed needs to raise rates and fukking nuke this broken market.
The Fed needs to raise rates and fukking nuke this broken market.
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06-09-2021, 10:35 AM
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#14
- BulkingIsHard
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Originally Posted By exxtracool⏩
I literally did curve fitting analysis on the trend brotherthey been printing money like its board game brother.
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
06-09-2021, 10:46 AM
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#15
- RICHSTRONG
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Originally Posted By Dogkrack⏩
If you have trouble deciding between fake inflation numbers and real ones than you ain't black manThe report will say 0.4%. Come on, man
See monster0ultra's sig
06-09-2021, 10:50 AM
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#16
06-09-2021, 11:06 AM
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#17
- SoutheastBeast1
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Just don’t pay the inflation
Problem solved
Problem solved
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
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06-09-2021, 11:10 AM
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#18
- WrathOfPecan
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Soon it'll be easy to raise the minimum wage to $15/hr.
06-09-2021, 11:31 AM
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#19
06-09-2021, 11:35 AM
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#20
06-09-2021, 11:36 AM
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#21
- Ratfish
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Originally Posted By Midi77⏩
i believe it's primarily a social security scam so the adjustments are minorSure it will be BS, what's funny, each side states they are for the "working man" they keep the number low intentionally so employers can say, nope, cost of living is this, further keeping workers down.
if they paid out with the 1980 adjustments, it would be instantly mega bankrupt
Make Europe Germany Again
06-09-2021, 11:41 AM
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#22
- kcadrenalin
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We just raised all of our prices 6.5% across the board. (Manufacturing) That didn't come close to covering the price increase in our raw materials so far this year.
Material
Freight
Labor
electricity
It has all increased way more than 4%. They can try to hide it, but everyone is feeling it and it's only going to get worse.
Material
Freight
Labor
electricity
It has all increased way more than 4%. They can try to hide it, but everyone is feeling it and it's only going to get worse.
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Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. -Benjamin Franklin
Tits and Beer
06-09-2021, 11:45 AM
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#23
06-09-2021, 11:55 AM
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#24
- BredRoller
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Just start your own currency! LMAO!
06-09-2021, 12:04 PM
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#25
Originally Posted By Midi77⏩
Only for the votes.Sure it will be BS, what's funny, each side states they are for the "working man" they keep the number low intentionally so employers can say, nope, cost of living is this, further keeping workers down.
Neither side cares about anyone but the 0.01%. Srs.
Just LOL@us calling South American, Russia, and East Asian countries corrupt. We're no better.
Misc Entrepreneur Crew
06-10-2021, 08:56 AM
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#26
06-10-2021, 08:59 AM
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#27
- kcadrenalin
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Originally Posted By lockdev⏩
Rule of 3Looks like they're reporting 5%.
We have to treat this like a sloot talking about her kill count. So double it and add 5.
No stopping the inflation train. Transitory is the new norm.
We have to treat this like a sloot talking about her kill count. So double it and add 5.
No stopping the inflation train. Transitory is the new norm.
so 15%
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Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. -Benjamin Franklin
Tits and Beer
06-10-2021, 09:00 AM
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#28
- BulkingIsHard
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Originally Posted By Midi77⏩
Yea, why don't they just raise wages, that'll solve thingsSure it will be BS, what's funny, each side states they are for the "working man" they keep the number low intentionally so employers can say, nope, cost of living is this, further keeping workers down.
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
06-10-2021, 09:12 AM
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#29
06-10-2021, 09:14 AM
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#30
- twovalvekid
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- twovalvekid
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Originally Posted By rootcon⏩
Intangible assets like stocks....How much worse would these numbers be if people didn't divert a big percentage towards intangible assets like stocks and crypto?
Interesting take.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
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