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Inflation down again

HHusky
HHusky Member Posts: 23,898
under 3%

thoughts and prayers
«1345678

Comments

  • Sledog
    Sledog Member Posts: 37,748 Standard Supporter
    Gas too! Still $1.50 to $2 bucks more than when he took office. What a win!
  • HHusky
    HHusky Member Posts: 23,898

    So still up

    Thanks for the update

    Keep your Deutschmarks dry.
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,677 Founders Club
    How dare people be mad about over 20% permanent price increases in last 3 years.
  • Bendintheriver
    Bendintheriver Member Posts: 7,009 Standard Supporter
    Trillions lost. Trillions spent. Trillions printed. Biden fucked up this economy for 3 years and right on schedule, this year, an election year, miraculous things just happen!

    HH comes on here bragging about inflation that is down to 3.14% after his sides bad fiscal policies decimated home savings and forced families into dept to pay bills. Increased food, fuel, clothing, anything imported, electricity, interest rates on a mortgage, rents are sky high, but hh's leaders told him to brag about inflation at 3.14% and to ignore the current misery caused by the biden team. Mission accomplished hh. Good job.
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,677 Founders Club

    Groceries are through the roof.

    I approve the media and Biden for continuing to belittle the poor and middle class on this issue.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,568 Standard Supporter
    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Toss in monthly electric and natural gas bills, monthly gasoline bills with the huge increase in food costs and the average private sector American family knows all about Bidenomics.
  • thechatch
    thechatch Member Posts: 7,226 Standard Supporter

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Toss in monthly electric and natural gas bills, monthly gasoline bills with the huge increase in food costs and the average private sector American family knows all about Bidenomics.
    Many many Americans are on autopay.

    I get an email from the utilities co letting me know my bill has been paid. Never look at it. I imagine many Americans don’t.

    Same with cable, water, sewage etc etc. Many Americans are probably like me in that regard. Also many aren’t going to start looking at things until money gets tight.

    I have a 200k foundation/remodel coming up. I’ll look closely at that.

    The fucking electric bill? Who wants to inspect that and compare it to 2 years ago.

    No one.

    So it becomes the weekly receipts that drive our consciousness. Groceries. Gas. Diapers. Shit like that. Add in the fact that 80% of the country can’t balance a checkbook in 2023 and it’s really only the folks that are 40 and older with a mortgage and kids that care about inflation.

    Everyone else is happy to click through Amazon in between TiKTok binges because saving for the future is pointless. Trying to buy a house is pointless. Solution is to not have kids and rent forever. If that doesn’t work demand that the government just take care of your expenses. An entire generation of state wards.

    It’s unsustainable, but there just enough people like Mello and HH telling people in their 20s and 30s that this is ok.

    Also, orange man bad so blindly support the absolute disaster on the other side of the ticket. John Oliver and a bunch of Hollywood actors told me to!👍
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,870 Founders Club
    I'm a man of the people

    I track my natural gas bill. 300 this November compared to 220 last year. And we had a freeze last November


    60 dollars of groceries is 100 now

    I feel sorry for families

    And it's true that I do a lot of Amazon and door dash and you just accept the higher cost
  • thechatch
    thechatch Member Posts: 7,226 Standard Supporter
    I mean I should look at my bills but what’s the point?

    It’s not like I’m gonna change my consumption habits.

    At this point I’m not selling the house I have a 3% IR on a JL and moving to CDL, Scottsdale, Tucson or Ft. Worth.

    It is what it is for another 10 years. But I’m certainly not going to spend a red cent of retirement supporting this lunacy.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,568 Standard Supporter

    I'm a man of the people

    I track my natural gas bill. 300 this November compared to 220 last year. And we had a freeze last November


    60 dollars of groceries is 100 now

    I feel sorry for families

    And it's true that I do a lot of Amazon and door dash and you just accept the higher cost

    In the real world where tens of millions of private sector Americans are living paycheck to paycheck they know what things are costing and when Team Dazzler is pissing on their leg and tells them its raining, they know the truth. More good news for Portland electric users who vote for the dems lie of cheap green renewable energy and that inflation is done.
    PS "Infrastructure spending" means solar and wind farms and the associated necessary transmission upgrades to get power from nowhere to somewhere. 18% > 3.1%



  • PurpleJ
    PurpleJ Member Posts: 37,643 Founders Club
    1. CPI underestimates inflation. Flawed statistic.
    2. It’s winter, dumbass.
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,677 Founders Club
    edited December 2023

    I'm a man of the people

    I track my natural gas bill. 300 this November compared to 220 last year. And we had a freeze last November


    60 dollars of groceries is 100 now

    I feel sorry for families

    And it's true that I do a lot of Amazon and door dash and you just accept the higher cost

    In the real world where tens of millions of private sector Americans are living paycheck to paycheck they know what things are costing and when Team Dazzler is pissing on their leg and tells them its raining, they know the truth. More good news for Portland electric users who vote for the dems lie of cheap green renewable energy and that inflation is done.
    PS "Infrastructure spending" means solar and wind farms and the associated necessary transmission upgrades to get power from nowhere to somewhere. 18% > 3.1%



    Power companies are spending big on green capex that delivers less energy, and less reliable energy at a higher cost. That's the reason for the higher prices. So even if LNG prices come down, energy prices to consumers won't come down as the depreciation from the capex needs to be covered in the margins.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,870 Founders Club
    thechatch said:

    I mean I should look at my bills but what’s the point?

    It’s not like I’m gonna change my consumption habits.

    At this point I’m not selling the house I have a 3% IR on a JL and moving to CDL, Scottsdale, Tucson or Ft. Worth.

    It is what it is for another 10 years. But I’m certainly not going to spend a red cent of retirement supporting this lunacy.

    I get that

    I started when we moved back up here because I wanted to dig out from some covid debt

  • Sledog
    Sledog Member Posts: 37,748 Standard Supporter
    Imagine increasing the price of oil by decreasing our production canceling leases, blocking leases and buying from our enemies then starting wars in the region that also increase prices so they can kill more American and others.

    Couldn't have had anything to do with inflation.

    Diesel was 2 bucks when Mumbles took office. look at the signs after the massive price reductions..... $3.85 here. Was almost $5.00. Last rip to Kali in october it was $6.75+ Good thing I have a slip tank to get me in and outta Kali while pulling my 5th wheel.

    Everything moves on diesel!
  • HHusky
    HHusky Member Posts: 23,898
    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,870 Founders Club
    Energy and inflation matter again as an issue

    Trump got everyone fat and happy so they thought voting in a compromised dementia patient couldn't hurt because George Floyd or something

    I learned in 1980 that it doesn't matter what the media is saying. People pay attention to a shrinking wallet

    Carter was supposed to get re elected

    Had Trump fucked up the economy and lost he wouldn't be the front runner today

    Quite the opposite
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,677 Founders Club
    HHusky said:

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
    The entire economy is a matter of belief. Go ahead and argue it's not.
  • HHusky
    HHusky Member Posts: 23,898

    Groceries are through the roof.

    sure
  • thechatch
    thechatch Member Posts: 7,226 Standard Supporter
    HHusky said:

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
    Depending on your news consumption, yes.

    Btw everyone sees your snark as a white flag. Not sure if you’ve realized that yet.
  • HHusky
    HHusky Member Posts: 23,898
    thechatch said:

    HHusky said:

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
    Depending on your news consumption, yes.

    Btw everyone sees your snark as a white flag. Not sure if you’ve realized that yet.
    When have I ever accused you girls of seeing things correctly?
  • HHusky
    HHusky Member Posts: 23,898
    Bob_C said:

    HHusky said:

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
    The entire economy is a matter of belief. Go ahead and argue it's not.
    The economy benefits from a type of faith. True.

    We still take some measurements, though.
  • thechatch
    thechatch Member Posts: 7,226 Standard Supporter
    HHusky said:

    thechatch said:

    HHusky said:

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
    Depending on your news consumption, yes.

    Btw everyone sees your snark as a white flag. Not sure if you’ve realized that yet.
    When have I ever accused you girls of seeing things correctly?
    Keep trying

    I’ll play with you for a little while but then it’s back to coloring books and some warm milk to get you settled down.
  • HHusky
    HHusky Member Posts: 23,898
    thechatch said:

    HHusky said:

    thechatch said:

    HHusky said:

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
    Depending on your news consumption, yes.

    Btw everyone sees your snark as a white flag. Not sure if you’ve realized that yet.
    When have I ever accused you girls of seeing things correctly?
    Keep trying

    I’ll play with you for a little while but then it’s back to coloring books and some warm milk to get you settled down.
    Pretending you have self-esteem is a bit of a tell.
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 12,677 Founders Club
    HHusky said:

    Bob_C said:

    HHusky said:

    thechatch said:

    It’s amazing to me how some people can fill their car with gas, go to a grocery store or a hardware store and believe that inflation is really down.

    My suspicion is that E-commerce has softened the average consumer’s awareness of price increases. You know you’re paying more but you justify it in your head because of the convenience.

    Driving to the grocery store and spending 300.00 for 5 bags of essentials is what really lays bare the cost of living, because that’s a weekly phenomenon for a normal family of 4.

    Apparently, inflation is simply a matter of belief. Like Tinkerbell. This is the Tug after all.
    The entire economy is a matter of belief. Go ahead and argue it's not.
    The economy benefits from a type of faith. True.

    We still take some measurements, though.
    Why isn't Biden bragging about this one? Most interesting part of this chart is that Q4 2022 to Q1 2023, total debt didn't go down at all. The only Q4 to Q1 year shown here that it didn't. Any explanation for that?