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Forum » Inflation rate beats all expectations at 9.1
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Thread: Inflation rate beats all expectations at 9.1

post 1664319563 07-13-2022, 06:36 AM
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Inflation rate beats all expectations at 9.1





Nobody out there forecasted an expectation this high


https://www.bls.gov/news.release/cpi.nr0.htm

-9.1% y/y vs. +8.8% est.+8.6% in prior month
-Core +5.9% vs. +5.7% est. & +6% in prior month … -Headline +1.3% m/m vs. +1.1% est. & +1% in prior month
-Core +0.7% vs. +0.5% est. & +0.6% in prior month

Fuel Oil: +98.5%
Gasoline: +59.9%
Gas Utilities: +38.4%
Electricity: +13.7%
Food at home: +12.2%
New Cars: +11.4%
Overall CPI: +9.1%
Transportation: +8.8%
Food away from home: 7.7%
Used Cars: +7.1%
Shelter: +5.6%
Apparel: +5.2%



Real wages down 4.4%







post 1664319713 07-13-2022, 06:38 AM
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I for one am shocked.
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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
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post 1664319753 07-13-2022, 06:39 AM
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inflation on your wallet is much higher ..fuel up double since last year




bringing back this CNN gem


Why inflation can actually be good for everyday Americans and bad for rich people
https://www.cnn.com/2021/12/01/econo...ers/index.html
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post 1664319833 07-13-2022, 06:40 AM
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And yet the ones this hurt the most will continue to vote dem. More welfare incoming
post 1664320013 07-13-2022, 06:44 AM
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  1. gachase21
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Up 1.3 for June

Core even up .7

Some actually thought core might be even lol.
post 1664320253 07-13-2022, 06:49 AM
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post 1664320283 07-13-2022, 06:50 AM
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Originally Posted By AlfBundy⏩
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post 1664320303 07-13-2022, 06:50 AM
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Copy/paste

Fuel Oil: +98.5%
Gasoline: +59.9%
Gas Utilities: +38.4%
Electricity: +13.7%
Food at home: +12.2%
New Cars: +11.4%
Overall CPI: +9.1%
Transportation: +8.8%
Food away from home: 7.7%
Used Cars: +7.1%
Shelter: +5.6%
Apparel: +5.2%
post 1664320443 07-13-2022, 06:53 AM
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Originally Posted By Procta⏩
post 1664320493 07-13-2022, 06:55 AM
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#10
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Real wages down 4.4%

post 1664320623 07-13-2022, 06:58 AM
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“It’s the bill of rights, not the bill of requests. Rights are not up for negotiations.” Thomas Massie, MAGA enemy #1
post 1664320853 07-13-2022, 07:02 AM
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OP you think the fed is raising rates fast enough?
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
post 1664320903 07-13-2022, 07:04 AM
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Originally Posted By SaviorSelfJT⏩
OP you think the fed is raising rates fast enough?
2 years too late and way 2 slow.

We should have started .25 raises Fall 2020 - .5 quartet starting 1st thing 2021
post 1664321003 07-13-2022, 07:07 AM
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#14
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At least we’re beating Europe with something….

Core inflation



post 1664321023 07-13-2022, 07:07 AM
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[QUOTE=gachase21 post_id=1664320493]Real wages down 4.4%

[url=https://imgbb.com/][img]https://i.ibb.co/Lz4R4qf/B4-D1-D3-CC-19-F4-4507-B3-E2-8-C7866-C967-DE.jpg[/imrl][/QUOTE]I can't wait for the GDP numbers this month....
post 1664321073 07-13-2022, 07:08 AM
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#16
  1. Procta
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need Ecto to come in here to let me know the boom is about to happen...any minute now
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post 1664321993 07-13-2022, 07:22 AM
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It is brutal and it iseverywhere. You just can't stop seeing it...stopped at Taco Casa [cheap-ish fast food] to get one big taco for a late lunch yesterday and saw the price had jumped from $3.29 to $3.79.

I'm old enough to remember regular Campbell's Cream of Tomato soup selling @ 3 or 4 cans for $1. Now even at Aldi or Walmart it is at $1.19 for one can. Cream of Mushroom or Chicken are getting closer to $2. Name brand canned vegetables like green beans/corn/carrots at or nearing $2 a can. On that the store brands are at least still @ or under $1. I'm trying to stock up and was planning to get some canned salmon for salmon croquets which my grandma used to make....about $4 for 1 can.
Originally Posted By gachase21⏩
2 years too late and way 2 slow.

We should have started .25 raises Fall 2020 - .5 quartet starting 1st thing 2021
Yes. I don't see any way this system doesn't break, one way or another. And I've got two videos to share that break it down. Didn't get around to posting yesterday.
Originally Posted By gachase21⏩
At least we’re beating Europe with something….

Core inflation



Did you see the PPI number out of Germany? I think they will catch up.



Caught a comment late yesterday saying that sustained price of $120 or higher will set off the derivatives bomb, but the poster didn't explain why and I didn't try to figure it out.
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post 1664322803 07-13-2022, 07:36 AM
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Inb4 Sillie right? He is sure to come in here
post 1664324133 07-13-2022, 08:02 AM
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Good job getting what you ordered libs
“It’s the bill of rights, not the bill of requests. Rights are not up for negotiations.” Thomas Massie, MAGA enemy #1
post 1664324293 07-13-2022, 08:05 AM
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Originally Posted By sfgiants13⏩
And yet the ones this hurt the most will continue to vote dem. More welfare incoming
It doesnt hurt welfare people the government can give them more money.

It hurts working people who are getting poorer while working and people who are going to lose their jobs
post 1664324323 07-13-2022, 08:05 AM
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#21
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Originally Posted By Titansfan08⏩
Inb4 Sillie right? He is sure to come in here
he has performance issues rn
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post 1664325123 07-13-2022, 08:19 AM
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Originally Posted By Stizzel⏩


Good job getting what you ordered libs
Das it mayne


Brazilian Jiu Jitsu purple belt

guns
god
jiu jitsu
post 1664325393 07-13-2022, 08:24 AM
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Yeah but abortions?!?!
post 1664325493 07-13-2022, 08:25 AM
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You would have had to have been a fuggin retard to think this administration was going to do anything positive economically. Biden is doing what he said he do. You libs were just too smooth brained to see this would be chit for everyone. Adults are back in the White House…JFLOL!!!
post 1664325513 07-13-2022, 08:26 AM
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▪█─────█▪ Equipment Crew #53 ▪█─────█▪
^^^^^^^ 6' 6" and Over Crew ^^^^^^^
------------- No Vax Crew ----------------
post 1664325703 07-13-2022, 08:29 AM
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75 basis points, or even 100 basis points aren't enough of an increase. There needs to be a 200 basis point increase and extreme quantitative tightening. Yes, there will be a big recession, people will lose their jobs, etc, but will effect a good chunk of the US while hyperinflation effects like 95% of Americans.
post 1664327203 07-13-2022, 08:53 AM
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This biden boom is really great guys, let me tell you how inflation is actually good for you.
post 1664327293 07-13-2022, 08:55 AM
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Originally Posted By bluebeltATT⏩
Das it mayne


The numbers are fake though. If we used the inflation calculation from the 70's we'd be approaching 20%. We would have been better off electing Carter for his second term.

Zelensky is asking for 9 billion every month btw. I don't see paedo joe's teleprompter saying no to him
“It’s the bill of rights, not the bill of requests. Rights are not up for negotiations.” Thomas Massie, MAGA enemy #1
post 1664327373 07-13-2022, 08:56 AM
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post 1664328063 07-13-2022, 09:13 AM
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“It’s the bill of rights, not the bill of requests. Rights are not up for negotiations.” Thomas Massie, MAGA enemy #1
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