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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 12-14-2021, 01:22 AM   #16
Ripmany
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Quote:
Originally Posted by Jacuzzme View Post
Not for most here, I’d assume. If you’re banging hoes at $300+/hr you’re probably ok and a few hundred a month for high energy, and everything else, costs is no big deal. This place isn’t a microcosm of society tho. Upping the cost of living, so far and so fast, is a ball breaker for at least 100 million people. .
It the start asking of ramp 6.8 now next 7 then it compounds turning everything into thousands.
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Old 12-17-2021, 02:51 PM   #17
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Default Did not see this thread before I posted the below. My bad.

Joe and da Ho are doing this. Not Trump. (cross posted)


Inflation is pretty bad when you don't count most of what you normally purchase (red line), but is more bad when you do (black line)




The producer price index is basically price from manufacturers of big-ticket items to wholesalers, i.e. consumers don't see it yet. This is what is in the pipe so to speak.





If you don't pay attention, you won't see this coming either

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Old 12-17-2021, 05:02 PM   #18
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We are all fucked. Imagine if they measured inflation the same way they did in 1984! Real inflation is more like 15%!
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Old 12-21-2021, 08:47 AM   #19
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We are all fucked. Imagine if they measured inflation the same way they did in 1984! Real inflation is more like 15%!

That is the dark (top line) in the first graphic I posted.
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Old 12-22-2021, 08:54 AM   #20
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.

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Originally Posted by Why_Yes_I_Do View Post
Inflation is pretty bad when you don't count most of what you normally purchase (red line), but is more bad when you do (black line)

This stuff has been promulgated by the "shadowstats guy" (John Williams) for years, and it's based on some combination of misunderstandings and/or wild exaggerations.

Here's a pretty good explanation of the issue:

https://fullstackeconomics.com/no-th...nt-14-percent/

.
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