0% Inflation!

[RSF]

On 8/10/2022 at 4:33 PM, Cleopatra said:

probably the most inflation is food and gasoline

then there is health insurance, insterest rates, and electricity cost

don't tell me these aren't going up it has sucked this past year

My electric rates have been stable.

[TheSanDiegan]

On 8/10/2022 at 2:23 PM, halfmanhalfbronco said:

blueberries... also slow down aging and help inflation.  

[Maji]

On 8/10/2022 at 3:23 PM, halfmanhalfbronco said:

 

After that bad injury to my pancreas several years ago and the following bouts of pancreatitis, blueberries are a staple of my diet.  Not a better food in the world for healing your pancreas.  They also slow down aging and help inflation.  

blueberries are awesome. the only problem is that the quality of blueberries from the grocery store is very hit or miss

[toonkee]

Inflation is like porn. You know it when you see it. Whatever the eggheads or politicians decide inflation is or isn't on any given day really doesn't matter. 

[grandjean87]

On 8/10/2022 at 9:23 PM, toonkee said:

Inflation is like porn. 

The latter requires the former. Often. 

[halfmanhalfbronco]

On 8/10/2022 at 7:02 PM, TheSanDiegan said:

Damn it.....

[toonkee]

On 8/10/2022 at 8:28 PM, grandjean87 said:

The latter requires the former. Often. 

[bornontheblue]

On 8/10/2022 at 9:28 PM, grandjean87 said:

The latter requires the former. Often. 

[grandjean87]

On 8/11/2022 at 9:11 AM, bornontheblue said:

toonke pointed out it can work both ways

PPI -0.5% MoM.  Dark Brandon rides again. 

[grandjean87]

On 8/11/2022 at 9:11 AM, bornontheblue said:

Just for you, born.  The lovely @jodiecongirl.  Okay, for everyone:

 

[TheSanDiegan]

On 8/11/2022 at 10:13 AM, grandjean87 said:

Just for you, born.  The lovely @jodiecongirl.  Okay, for everyone:

 

Yeah, that "0% inflation" attempted brag last week made me lul in my pants a little.

[grandjean87]

On 8/11/2022 at 12:49 PM, TheSanDiegan said:

Yeah, that "0% inflation" attempted brag last week made me lul in my pants a little.

Velocity = distance/time

@jodiecongirl's analogy would be Inflation = change in price level/time.  An analogy not a parallel.  So analogizing, Inflation = 0%/month. 0 divided by anything is 0.

Btw, if you missed it, a key wholesale price metric (PPI) came in today at -0.5% MoM.

[thelawlorfaithful]

On 8/10/2022 at 8:23 PM, toonkee said:

Inflation is like porn. You know it when you see it. Whatever the eggheads or politicians decide inflation is or isn't on any given day really doesn't matter. 

[toonkee]

 

 

[grandjean87]

On 8/10/2022 at 9:12 AM, mugtang said:

The price of socks dropped but the cost to feed your family went up 13%.  Congrats!

https://finance.yahoo.com/news/inflation-grocery-prices-increased-in-july-despite-cool-down-143205313.html

The August PCE is out and we still have inflation.  Headline, including gas/energy, was up 0.3% MoM (July was -0.1%) and rest of the details in the link.  Personal incomes and spending also up slightly. M0ar inflation. For now.

https://www.cnbc.com/2022/09/30/pce-inflation-august-2022-inflation-accelerated-even-more-than-expected-in-august.html?__source=iosappshare|com.apple.UIKit.activity.Mail

[bsu_alum9]

On 9/30/2022 at 8:01 AM, grandjean87 said:

The August PCE is out and we still have inflation.  

Looks like its flattening to me. 

[grandjean87]

On 9/30/2022 at 11:06 AM, bsu_alum9 said:

Looks like its flattening to me. 

PCE is a slightly different and (theoretically) broader measure. That graph looks to be the headline (full) CPI (urban).  The + 0.3% CPE MoM ≈ 3.6% annualized. I'd take 4% inflation for now.  However, there are subtexts to the August CPE that reflect continued inflation. How much?  TBD. 

[grandjean87]

Deflationary:

Well, not exactly, but the R-word looming. 

[thelawlorfaithful]

On 10/3/2022 at 2:16 PM, grandjean87 said:

Deflationary:

Well, not exactly, but the R-word looming. 

Your gallows humor is a good addition to the board.

[Nevada Convert]

My ego is in check at the moment. 0% Inflation all the way, baby.