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Official US inflation hits 7.5 percent
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02-10-2022, 07:45 AM
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#1
- SaviorSelfJT
- clownslayer
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- SaviorSelfJT
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Official US inflation hits 7.5 percent
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
02-10-2022, 07:46 AM
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#2
- Titansfan08
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- Titansfan08
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Loving Biden's America
02-10-2022, 07:47 AM
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#3
- kcadrenalin
- Permanent Vacation
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- kcadrenalin
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So in actuality it's 15%
________
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
02-10-2022, 07:48 AM
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#4
02-10-2022, 07:48 AM
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#5
- Critter5592
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- Critter5592
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I feel like my pension is going to be useless and im not even going to be able to retire despite saving from a fairly young age. No way in hell I work past the age of 55 though
Uncontrollable behavior with some psychopathic tendencies
02-10-2022, 07:50 AM
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#6
- DesiredUserphag
- 1:12TilTheDayIFukinDie
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- DesiredUserphag
- 1:12TilTheDayIFukinDie
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Patiently waiting for my 8% bonus like FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
𝗣𝗨𝗥𝗘𝗕𝗟𝗢𝗢𝗗
ωσяℓ∂ тяανєℓєя ȼяєω ₅₀/₁₉₅
𝕬𝖊𝖘𝖙𝖍𝖊𝖙𝖎𝖈𝖆𝖑𝖑𝖞 𝕮𝖚𝖙 𝕸𝖆𝖘𝖙𝖊𝖗 𝕽𝖆𝖈𝖊 ®
ᗪIᔕᑕᖇIᗰIᑎᗩTIOᑎ E᙭ᑕᒪᑌᔕIOᑎ IᑎᗪOᑕTᖇIᑎᗩTIOᑎ
02-10-2022, 07:53 AM
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#7
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
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luckily the stonks aren't getting absolutely obliterated (again) by this news.
02-10-2022, 07:53 AM
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#8
- litljay
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- litljay
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I can tell you that our expenses at my business have jumped 30% YoY.
I'd like to see them calculate inflation the same way they did when Carter was Pres and compare. Would be an interesting exercise.
I'd like to see them calculate inflation the same way they did when Carter was Pres and compare. Would be an interesting exercise.
You don't have to be great to start, but you have to start to be great.
02-10-2022, 07:54 AM
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#9
02-10-2022, 07:58 AM
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#10
- KathleenRyan
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- KathleenRyan
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Originally Posted By kcadrenalin⏩
This. 7.5 may be the "official" number, but something closer to 15%+ is much more accurate.So in actuality it's 15%
Meanwhile my multi-billion dollar international company decided to give all employees ONE HUNDRED DOLLARS for a Christmas bonus last year, which was $60 after taxes (completely serious). Phuckin JFL.
drvillain PM's mods to do his bidding - CONFIRMED.
02-10-2022, 08:00 AM
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#11
- PenorBrahNoHomo
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- PenorBrahNoHomo
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I'm sure raising rates 0.5% and merelyreducingQE will effectively fight inflation LOL

02-10-2022, 08:03 AM
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#12
02-10-2022, 08:04 AM
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#13
02-10-2022, 08:06 AM
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#14
- puristhndrwrth
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- puristhndrwrth
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02-10-2022, 08:11 AM
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#15
02-10-2022, 08:13 AM
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#16
- BraneyGumble
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- BraneyGumble
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02-10-2022, 08:25 AM
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#17
- r32gojirra
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- r32gojirra
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Originally Posted By Vhagar⏩
It’s not so much the basket of goods but the fact they “look through” what they claim to be one-off or short term increases in prices in specific goods (which makes zero sense because, like, those prices were still paid) and also I feel they don’t weight “housing costs” enough because for most people that’s a huge part of their ongoing expendituresI’d like to see the basket of goods they’re calculating this off of
02-10-2022, 08:32 AM
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#18
- GuineaDago585
- Bert McGirt
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- GuineaDago585
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It’s way higher than that and it’s not even close. A luxury apartment outside of the city I was looking at moving into at the beginning of the pandemic was just over $1,000 per month (nice building in low COL area), now they’re advertising $1,650. That’s almost a 40% increase in less than 2 years. Makes no fuking sense.
The true rate of inflation is closer to 20%.
And it’s not just housing. Anyone who has shopped at a grocery store in the past year can attest to the insane rise in cost of goods. Some items are up over 50% in a single year.
Meanwhile our wages are absolutely stagnant. I haven’t had a meaningful raise in over two years. My employer offered me a measly 3% after singing my praises about how wonderful of a worker I am during my annual review. So I’ve looked elsewhere. Well it seems the only companies hiring during this “labor shortage” are fast food restaurants that pay minimum wage. I’ve submitted dozens of white collar job offers in recent weeks, but have yet to hear back from even one.
/rant
Tl;dr: We’re fuked.
The true rate of inflation is closer to 20%.
And it’s not just housing. Anyone who has shopped at a grocery store in the past year can attest to the insane rise in cost of goods. Some items are up over 50% in a single year.
Meanwhile our wages are absolutely stagnant. I haven’t had a meaningful raise in over two years. My employer offered me a measly 3% after singing my praises about how wonderful of a worker I am during my annual review. So I’ve looked elsewhere. Well it seems the only companies hiring during this “labor shortage” are fast food restaurants that pay minimum wage. I’ve submitted dozens of white collar job offers in recent weeks, but have yet to hear back from even one.
/rant
Tl;dr: We’re fuked.
02-10-2022, 08:37 AM
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#19
- rectifryer
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- rectifryer
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Only way this will stop is if the workforce revolts over pay
Boycott foodservice industry crew
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