U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years

Anonymous
Inflation really hurts seniors and those on fixed incomes.
Anonymous
Anonymous wrote:Inflation really hurts seniors and those on fixed incomes.


DCUM doesn’t care. They’re all 29 with a $800K HI and have two Tesla’s in the garage.
Anonymous
Anonymous wrote:Inflation really hurts seniors and those on fixed incomes.


It hurts everyone. I can’t tell you how many FTPs I know in this area who consider themselves UMC but are paying through the nose because rent is escalating and so are the cost of basic goods, foods, and diapers.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Inflation memes so far from the administration:

-It's not real.

-It's real but temporary.

-It's Krogers fault (for having 2% profit margins) #ElizabethWarren #AOC

-High gas prices are no big deal, just buy a brand new electric car

Sometimes, when you try to spin something you just come away looking even worse for the attempt.



We do not have a centrally controlled economy. By definition it cannot be the fault of our president since he doesn’t control any part of our financial system.


Fiscal policy plays a tremendous role in affect macro inflation.

Try again.


Which is under the purview of congress, not the president. When all anyone talks about is Biden then it’s obvious they are just looking to score cheap political points.


Bingo. Anyone who lays this on Biden's door is either a GOP liar or just ignorant.
Anonymous
New inflation numbers coming up in 10 days. We were at 7.9% last month.

Who says 8.2% for March 2022? Do I hear 8.3%?
Anonymous
yield curve inverted, recession will occur in about 6 months
Anonymous
Anonymous wrote:yield curve inverted, recession will occur in about 6 months


2019 says hold my beer.
Anonymous
Anonymous wrote:yield curve inverted, recession will occur in about 6 months


Just in time for midterms ^.^
Anonymous
4 more days...

Anonymous
Inflation? Is that what we call gouging us? We all know that the cost of merchandise and food has not gone up that much, not enough to justify the insane prices. When profit increases this much for conglomerates and CEOs brag all over about their insane profit margins, we call that gouging the customer.
Anonymous
Anonymous wrote:Inflation? Is that what we call gouging us? We all know that the cost of merchandise and food has not gone up that much, not enough to justify the insane prices. When profit increases this much for conglomerates and CEOs brag all over about their insane profit margins, we call that gouging the customer.


Oh - so have we moved on from 'its the supply chain' remarks in regards to inflation? I guess that worked when inflation was 4.6% and you were ignoring it. Now its 7.9% - the argument has changed to...its those greedy corporations! Not the endless stimulus checks and child tax credit payments we sent out. Never that.
Anonymous
Anonymous wrote:
Anonymous wrote:Inflation? Is that what we call gouging us? We all know that the cost of merchandise and food has not gone up that much, not enough to justify the insane prices. When profit increases this much for conglomerates and CEOs brag all over about their insane profit margins, we call that gouging the customer.


Oh - so have we moved on from 'its the supply chain' remarks in regards to inflation? I guess that worked when inflation was 4.6% and you were ignoring it. Now its 7.9% - the argument has changed to...its those greedy corporations! Not the endless stimulus checks and child tax credit payments we sent out. Never that.

It has always been the greedy corporations, do a little research.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Inflation? Is that what we call gouging us? We all know that the cost of merchandise and food has not gone up that much, not enough to justify the insane prices. When profit increases this much for conglomerates and CEOs brag all over about their insane profit margins, we call that gouging the customer.


Oh - so have we moved on from 'its the supply chain' remarks in regards to inflation? I guess that worked when inflation was 4.6% and you were ignoring it. Now its 7.9% - the argument has changed to...its those greedy corporations! Not the endless stimulus checks and child tax credit payments we sent out. Never that.

It has always been the greedy corporations, do a little research.


Oh but that wasn't what the Biden White House was blaming in 2021?


Anonymous
What's your prediction for the print today?

I'm going with 8.2%. Psaki already preemptively moved and try to state it was a 'Putin price increase' (lol, what a joke). That must mean it is bad.
Anonymous
Anonymous wrote:What's your prediction for the print today?

I'm going with 8.2%. Psaki already preemptively moved and try to state it was a 'Putin price increase' (lol, what a joke). That must mean it is bad.


Well, its 7.9% now and we're USED to .3 increases (sad to say that). The White House is really scared.

So I'm going with 8.4 - 8.55%. Final answer.
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