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Inflation down again

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  • Goduckies
    Goduckies Member Posts: 8,101 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.

    No, they are just dumb and can't do simple math
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,869 Standard Supporter
    HHusky said:

    under 3%

    thoughts and prayers

    Did it retreat the 20% it increased over 2 years after Joe got in?
  • UWerentThereMan
    UWerentThereMan Member Posts: 3,475
    edited December 2023

    HHusky said:

    under 3%

    thoughts and prayers

    Did it retreat the 20% it increased over 2 years after Joe got in?
    Rapid deflation is no good either. The fed cant print 6 trillion dollars one year (good thread on whose idea that was here)and then rip it out of the economy with rate hikes the next.

    It should be no surprise to anyone except @MelloDawg (retarded) that the dollar would go down in value when a shitload of it appears out of thin air.
  • WestlinnDuck
    WestlinnDuck Member Posts: 18,007 Standard Supporter

    HHusky said:

    under 3%

    thoughts and prayers

    Did it retreat the 20% it increased over 2 years after Joe got in?
    Rapid deflation is no good either. The fed cant print 6 trillion dollars one year (good thread on whose idea that was here)and then rip it out of the economy with rate hikes the next.

    It should be no surprise to anyone except @MelloDawg (retarded) that the dollar would go down in value when a shitload of it appears out of thin air.
    Well, Yellen, Powell, the dementia patient and the dems and RINOs in Congress were ostensibly surprised. Why Ivy League graduates would debase their degrees by siding with Team Dazzler and his mythical MBA against Milton Friedman is still beyond me.
  • WestlinnDuck
    WestlinnDuck Member Posts: 18,007 Standard Supporter
    This is the stuff that Team Dazzler voted for in the Make Inflation Greater Act. Sure, who would vote for 700,000 new jobs in 7 years for a new industry that would be up and running by 2030? Someone who would let a dem sh*t in his mouth and tell him its chocolate ice cream. So, we don't have enough cheap green renewable solar and wind power and the transmission to charge all the mythical EVs that are supposed to be on the road, we will need even more solar and wind power to create hydrogen without using natural gas which is the cheapest way to make hydrogen. Remember all the billions of dollars we needed from the fed to adopt the internal combustion engine as a replacement for horses? Here is some numbers and shit about hydrogen.

    Hydrogen has more energy per unit mass than other fuels (61,100 BTUs per pound versus 20,900 BTUs per pound of gasoline). The problem with hydrogen is that it is much less dense (pounds per gallon) than other fuels. A gallon of gasoline has a mass of 6.0 pounds, the same gallon of liquid hydrogen only has a mass of 0.567 pounds or only 9.45% of the mass of gasoline. Therefore one gallon of gasoline yields 125,400 BTUs of energy while a gallon of liquid hydrogen yields only 34,643 BTUs or 27.6% of the energy in a gallon of gasoline.





  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,632 Founders Club
    Bidenomics is so successful that even this lying regime has given it up as a talking point. @HHusky I completely agree you should keep attributing it to this president.

    I don't even need to get into the actuals.

    Fucking l-o-l own goals.
  • UWerentThereMan
    UWerentThereMan Member Posts: 3,475

    HHusky said:

    under 3%

    thoughts and prayers

    Did it retreat the 20% it increased over 2 years after Joe got in?
    Rapid deflation is no good either. The fed cant print 6 trillion dollars one year (good thread on whose idea that was here)and then rip it out of the economy with rate hikes the next.

    It should be no surprise to anyone except @MelloDawg (retarded) that the dollar would go down in value when a shitload of it appears out of thin air.
    Well, Yellen, Powell, the dementia patient and the dems and RINOs in Congress were ostensibly surprised. Why Ivy League graduates would debase their degrees by siding with Team Dazzler and his mythical MBA against Milton Friedman is still beyond me.
    That's a qualifier for the job.
  • Sources
    Sources Member, Swaye's Wigwam Posts: 4,420 Founders Club
    https://budget.house.gov/press-release/families-crushed-as-bidens-total-inflation-breaks-17

    Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for September stated inflation grew at a rate of 3.7 percent and cumulative inflation under President Biden grew to a staggering 17.1 percent:

    Even Biden's cooked books on CPI are gruesome

    But let's celebrate inflation is "down" because the middle class can't afford higher prices as it is
  • HHusky
    HHusky Member Posts: 24,521
    Sources said:

    https://budget.house.gov/press-release/families-crushed-as-bidens-total-inflation-breaks-17

    Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for September stated inflation grew at a rate of 3.7 percent and cumulative inflation under President Biden grew to a staggering 17.1 percent:

    Even Biden's cooked books on CPI are gruesome

    But let's celebrate inflation is "down" because the middle class can't afford higher prices as it is

    Why wouldn’t we want to celebrate? The inflation caused by Daddy’s pandemic is finally ending.
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,424 Founders Club
    HHusky said:

    Sources said:

    https://budget.house.gov/press-release/families-crushed-as-bidens-total-inflation-breaks-17

    Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for September stated inflation grew at a rate of 3.7 percent and cumulative inflation under President Biden grew to a staggering 17.1 percent:

    Even Biden's cooked books on CPI are gruesome

    But let's celebrate inflation is "down" because the middle class can't afford higher prices as it is

    Why wouldn’t we want to celebrate? The inflation caused by Daddy’s pandemic is finally ending.
    It was there to claim that and not call it transitory. Whoops.