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» How juicy is tomorrow's inflation report going to be?
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post 1640507953 06-09-2021, 09:57 AM
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#1
  1. lockdev
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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%.
Misc Entrepreneur Crew
post 1640508053 06-09-2021, 09:58 AM
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  1. twovalvekid
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Oof. If china is actually reporting "9%" i wonder what it actually is.
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post 1640508213 06-09-2021, 10:00 AM
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  1. Destor
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It's just transitory brah
post 1640508633 06-09-2021, 10:04 AM
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Looks like everyone agrees that the numbers will be fake so who cares.
post 1640508873 06-09-2021, 10:07 AM
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Unaware

Since when are inflation reports fake?
post 1640509953 06-09-2021, 10:20 AM
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#6
  1. lockdev
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Originally Posted By BroImNigerian
Unaware

Since when are inflation reports fake?
They're curated brah. They pick and choose what they want to include in the report to fit their narrative. srs.
Misc Entrepreneur Crew
post 1640510193 06-09-2021, 10:23 AM
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  1. Ratfish
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i haven't encountered any inflation yet srs hehe

but yeah, true inflation is probably at least 15% with the 1980 calculation
Make Europe Germany Again
post 1640510283 06-09-2021, 10:24 AM
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#8
  1. 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
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post 1640510893 06-09-2021, 10:31 AM
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  1. 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
post 1640511013 06-09-2021, 10:32 AM
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#10
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Originally Posted By BulkingIsHard
15% is a little excessive, I've been betting on around 7% -9%
they been printing money like its board game brother.
post 1640511133 06-09-2021, 10:34 AM
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#11
  1. Ratfish
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Originally Posted By BulkingIsHard
15% is a little excessive, I've been betting on around 7% -9%
check out shadowstats, brah
Make Europe Germany Again
post 1640511173 06-09-2021, 10:34 AM
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The report will say 0.4%. Come on, man
post 1640511263 06-09-2021, 10:35 AM
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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.
FA Crew
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"Experience is something you get right after you need it."
post 1640511293 06-09-2021, 10:35 AM
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Originally Posted By exxtracool
they been printing money like its board game brother.
I literally did curve fitting analysis on the trend brother
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1640512203 06-09-2021, 10:46 AM
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#15
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Originally Posted By Dogkrack
The report will say 0.4%. Come on, man
If you have trouble deciding between fake inflation numbers and real ones than you ain't black man
See monster0ultra's sig
post 1640512603 06-09-2021, 10:50 AM
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#16
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Even if it says something like 4.5%, that's really, really bad. Scary stuff.
post 1640514153 06-09-2021, 11:06 AM
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Just don’t pay the inflation

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."
-SoutheastBeast1
post 1640514653 06-09-2021, 11:10 AM
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#18
  1. WrathOfPecan
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Soon it'll be easy to raise the minimum wage to $15/hr.
post 1640516513 06-09-2021, 11:31 AM
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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.
post 1640516813 06-09-2021, 11:35 AM
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Fear not, Janet Yellen said inflation is good for us.
post 1640516873 06-09-2021, 11:36 AM
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  1. Ratfish
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Originally Posted By Midi77
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.
i believe it's primarily a social security scam so the adjustments are minor

if they paid out with the 1980 adjustments, it would be instantly mega bankrupt
Make Europe Germany Again
post 1640517263 06-09-2021, 11:41 AM
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#22
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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.
________

MFC

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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
post 1640517483 06-09-2021, 11:45 AM
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#23
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Originally Posted By kcadrenalin
no more mean tweets though
post 1640518283 06-09-2021, 11:55 AM
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Just start your own currency! LMAO!
post 1640519023 06-09-2021, 12:04 PM
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  1. lockdev
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Originally Posted By Midi77
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.
Only for the votes.

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
post 1640579983 06-10-2021, 08:56 AM
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#26
  1. lockdev
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Looks 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.
Misc Entrepreneur Crew
post 1640580253 06-10-2021, 08:59 AM
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#27
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Originally Posted By lockdev
Looks 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.
Rule of 3

so 15%
________

MFC

________
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
post 1640580373 06-10-2021, 09:00 AM
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#28
  1. BulkingIsHard
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Originally Posted By Midi77
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.
Yea, why don't they just raise wages, that'll solve things
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1640581063 06-10-2021, 09:12 AM
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#29
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How much worse would these numbers be if people didn't divert a big percentage towards intangible assets like stocks and crypto?
post 1640581263 06-10-2021, 09:14 AM
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#30
  1. twovalvekid
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Originally Posted By rootcon
How much worse would these numbers be if people didn't divert a big percentage towards intangible assets like stocks and crypto?
Intangible assets like stocks....

Interesting take.
MFC
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RIP YGST
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