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7 % inflation LOL LOL LOL #7459483
01/13/22 01:20 PM
01/13/22 01:20 PM
Joined: Feb 2014
Posts: 9,444
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
trapper
J

Joined: Feb 2014
Posts: 9,444
Ky
On the news last night they announced 7 % inflation over last years prices. BUT they then post a chart of comparision to certain products.
Gas up 54%
Cars up 37%
rent up 41%
Meat up 39%
Cleaning products up29%
How in the heck do they come up with only 7 % . Not anything I seen gone down to pull the inflation down to 7 %

Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459489
01/13/22 01:23 PM
01/13/22 01:23 PM
Joined: Jan 2013
Posts: 2,901
7mtns of CENTRAL PA
GROUSEWIT Offline
trapper
GROUSEWIT  Offline
trapper

Joined: Jan 2013
Posts: 2,901
7mtns of CENTRAL PA
New libtard DemonRats math grin


NRALIFER,HUNTER,FURTAKER(PTA)(FTA)(NMTA)(RMEF)
Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459539
01/13/22 01:53 PM
01/13/22 01:53 PM
Joined: Dec 2017
Posts: 5,294
Kansas
Pawnee Offline
trapper
Pawnee  Offline
trapper

Joined: Dec 2017
Posts: 5,294
Kansas
I think they base it off the consumer price index which makes the numbers look better but donít quote me on that. Either way itís junk math


Everything the left touches it destroys
Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459543
01/13/22 01:57 PM
01/13/22 01:57 PM
Joined: Jan 2014
Posts: 15,697
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 15,697
North East Kansas
it is all bs and the thing is that alot of folks believe it.....some people watch cnn all day long... frown

I think we have trouble coming....well, more than is already here...way more.


Live/Die with Integrity and Honor.
Ultra Maga Forever.
Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459548
01/13/22 02:02 PM
01/13/22 02:02 PM
Joined: Sep 2014
Posts: 4,732
carolina, Alabama
The Possum Man Offline
trapper
The Possum Man  Offline
trapper

Joined: Sep 2014
Posts: 4,732
carolina, Alabama
yep that 30 to 40 percent inflation seems closer to real.


"If you're gonna be stupid you better be tough"
Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459561
01/13/22 02:11 PM
01/13/22 02:11 PM
Joined: Jan 2007
Posts: 3,527
Northern Minnesota
BernieB. Offline
trapper
BernieB.  Offline
trapper

Joined: Jan 2007
Posts: 3,527
Northern Minnesota
7% per day.

Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459567
01/13/22 02:16 PM
01/13/22 02:16 PM
Joined: May 2010
Posts: 143
MN
C
ceelmo.trap Offline
trapper
ceelmo.trap  Offline
trapper
C

Joined: May 2010
Posts: 143
MN
SS went up 5.9% and then they raised the medicare premium cost wiped out the raise. Ive said it before money profit greed rule, man creates inflation man can stop it or bring under control.Those that have the deep pockets dont care about inflation. Have ya ever heard a millionaire complain about cost, gas food medical .

Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459584
01/13/22 02:29 PM
01/13/22 02:29 PM
Joined: May 2009
Posts: 11,648
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Posts: 11,648
Champaign County, Ohio.
Originally Posted by jbyrd63
On the news last night they announced 7 % inflation over last years prices. BUT they then post a chart of comparision to certain products.
Gas up 54%
Cars up 37%
rent up 41%
Meat up 39%
Cleaning products up29%
How in the heck do they come up with only 7 % . Not anything I seen gone down to pull the inflation down to 7 %


There are literally million of different products sold in the US. Some of those products only increased very little in price and some even decreased. The actual inflation rate may well be 7%. Since most Americans don't buy those other products and do buy the ones listed, the effective inflation rate is beyond terrible right now.

Lets Go Brandon!

Keith

Re: 7 % inflation LOL LOL LOL [Re: ceelmo.trap] #7459594
01/13/22 02:34 PM
01/13/22 02:34 PM
Joined: Sep 2012
Posts: 713
Perry, NY
D
Dana I Offline
trapper
Dana I  Offline
trapper
D

Joined: Sep 2012
Posts: 713
Perry, NY
Originally Posted by ceelmo.trap
SS went up 5.9% and then they raised the medicare premium cost wiped out the raise. Ive said it before money profit greed rule, man creates inflation man can stop it or bring under control.Those that have the deep pockets dont care about inflation. Have ya ever heard a millionaire complain about cost, gas food medical .



Yes I have. They didn't get to be millionaires by being foolish with their money. The ones I know tend to have a pretty good handle on where every penny is going.

Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459603
01/13/22 02:40 PM
01/13/22 02:40 PM
Joined: Dec 2006
Posts: 701
MO
N
NEMOparttimer Offline
trapper
NEMOparttimer  Offline
trapper
N

Joined: Dec 2006
Posts: 701
MO
Must be the fur prices that are offsetting the increases of other consumer goods! Doing our part to keep inflation down, LOL.

Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459610
01/13/22 02:44 PM
01/13/22 02:44 PM
Joined: Mar 2007
Posts: 33,287
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 33,287
McGrath, AK
I would think those with deep pockets care most about inflation. They have a lot more to lose than those with shallow pockets.


Mean As Nails
Re: 7 % inflation LOL LOL LOL [Re: white17] #7459621
01/13/22 02:52 PM
01/13/22 02:52 PM
Joined: May 2009
Posts: 11,648
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Posts: 11,648
Champaign County, Ohio.
Originally Posted by white17
I would think those with deep pockets care most about inflation. They have a lot more to lose than those with shallow pockets.


Inflation hurts those who save money at no or low rates of return worst. It hurts those whose income doesn't rise to keep pace with inflation the second worst.

Keith

Re: 7 % inflation LOL LOL LOL [Re: KeithC] #7459632
01/13/22 03:00 PM
01/13/22 03:00 PM
Joined: Dec 2012
Posts: 1,017
NC - Here there and everywhere
C
coondagger2 Offline
"Brat"
coondagger2  Offline
"Brat"
C

Joined: Dec 2012
Posts: 1,017
NC - Here there and everywhere
Originally Posted by KeithC
Originally Posted by white17
I would think those with deep pockets care most about inflation. They have a lot more to lose than those with shallow pockets.


Inflation hurts those who save money at no or low rates of return worst. It hurts those whose income doesn't rise to keep pace with inflation the second worst.

Keith

Good point Keith. I don't think anyone will see a 7% cost of living raise


Gotta live up to the nickname...
Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459633
01/13/22 03:01 PM
01/13/22 03:01 PM
Joined: May 2010
Posts: 143
MN
C
ceelmo.trap Offline
trapper
ceelmo.trap  Offline
trapper
C

Joined: May 2010
Posts: 143
MN
The rich have exploited the tax loopholes like forever to keep from paying a fair taxable amount on their millions or billions some even say it isnt right but they keep doin it.Those that control the markets are the ones that control cost. Everyone should be sick and tired of pandemic blame for this. Find it hard to pat a the filthy rich on the back when they made that money on the sweat and labor by what i believe to be were the middle and lower class. Wages for years have not keep up with inflation, how many times have workers got a pay raise to have it wiped out by a tax increase or insurance that went and other rising costs at the time.

Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459634
01/13/22 03:02 PM
01/13/22 03:02 PM
Joined: Mar 2007
Posts: 33,287
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 33,287
McGrath, AK
Correct . That's why many people try to spend their money as fast as possible in an inflationary environment. But.........all that does is drive prices higher, faster.


Mean As Nails
Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459651
01/13/22 03:26 PM
01/13/22 03:26 PM
Joined: May 2010
Posts: 143
MN
C
ceelmo.trap Offline
trapper
ceelmo.trap  Offline
trapper
C

Joined: May 2010
Posts: 143
MN
And those that try to not to blow what monies they have are still at the mercy of what seems to be constant rising prices,those monies only go so far. Still when ya step back and look at D.C and the house and senate and make a list of all the millionaires that have been elected that are supposed to be working for all the people that they are not.they are the ones that write the laws our nations rule book have the biggest hand in writing what should be fair tax laws for all people. maybe they should all make public their net worth and all things and companies they have ties to and show all Americans where the money lays.

Re: 7 % inflation LOL LOL LOL [Re: ceelmo.trap] #7459652
01/13/22 03:28 PM
01/13/22 03:28 PM
Joined: Jan 2007
Posts: 3,527
Northern Minnesota
BernieB. Offline
trapper
BernieB.  Offline
trapper

Joined: Jan 2007
Posts: 3,527
Northern Minnesota
Originally Posted by ceelmo.trap
SS went up 5.9% and then they raised the medicare premium cost wiped out the raise. Ive said it before money profit greed rule, man creates inflation man can stop it or bring under control.Those that have the deep pockets dont care about inflation. Have ya ever heard a millionaire complain about cost, gas food medical .


Yup! Everyone I know who has made a lot of money in life watches their spending closely. That's nothing new. Read the book, "The Millionaire Next Door" it will be a real eye-opener for you.

Re: 7 % inflation LOL LOL LOL [Re: ceelmo.trap] #7459655
01/13/22 03:29 PM
01/13/22 03:29 PM
Joined: Jan 2007
Posts: 3,527
Northern Minnesota
BernieB. Offline
trapper
BernieB.  Offline
trapper

Joined: Jan 2007
Posts: 3,527
Northern Minnesota
Originally Posted by ceelmo.trap
The rich have exploited the tax loopholes like forever to keep from paying a fair taxable amount on their millions or billions some even say it isnt right but they keep doin it.Those that control the markets are the ones that control cost. Everyone should be sick and tired of pandemic blame for this. Find it hard to pat a the filthy rich on the back when they made that money on the sweat and labor by what i believe to be were the middle and lower class. Wages for years have not keep up with inflation, how many times have workers got a pay raise to have it wiped out by a tax increase or insurance that went and other rising costs at the time.


Spoken by a guy who can't wait to get his tax "Refund" of the money he never even paid in. Oh wait, that money is provided by those rich people you hate.

Re: 7 % inflation LOL LOL LOL [Re: BernieB.] #7459658
01/13/22 03:34 PM
01/13/22 03:34 PM
Joined: May 2009
Posts: 11,648
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Posts: 11,648
Champaign County, Ohio.
Originally Posted by BernieB.
Originally Posted by ceelmo.trap
SS went up 5.9% and then they raised the medicare premium cost wiped out the raise. Ive said it before money profit greed rule, man creates inflation man can stop it or bring under control.Those that have the deep pockets dont care about inflation. Have ya ever heard a millionaire complain about cost, gas food medical .


Yup! Everyone I know who has made a lot of money in life watches their spending closely. That's nothing new. Read the book, "The Millionaire Next Door" it will be a real eye-opener for you.


In Cincinnati, Ohio, the long term employees of Proctor & Gamble, including the factory workers, who took the stock options offered them, all became millionaires.

Rich people, for the most part work smarter, harder and longer hours than poor people. They also take much more risk.

Keith

Re: 7 % inflation LOL LOL LOL [Re: jbyrd63] #7459660
01/13/22 03:35 PM
01/13/22 03:35 PM
Joined: Mar 2007
Posts: 33,287
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 33,287
McGrath, AK
smile


Mean As Nails
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