Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

U.S. annual inflation rate drops to 8.5%

bls.gov

Post reply on HN
Print view View original

381–390 of 918 posts

Re: U.S. annual inflation rate drops to 8.5%

#381

Post by scottLobster »

antiverse wrote: post #343
scottLobster wrote: post #266

Great. All I know is I'm trading a lot more time for money this year. Way less takeout, avoiding toll roads unless it saves at least 30 minutes, fewer streaming services (will renew on a show-by-show basis), and food is getting so crazy I might start going to multiple stores to try and save money instead of my one consolidated trip to Wegmans. I'm also stuffing my freezer with meat and have a year's supply of non-per…

> fewer streaming services Pessimist's take: When thinking about what we trade our time for, TV shows (and films, to some degree) have always been to me an endless source of a time sink for relatively little return. Games, slightly better, more social in some ways, certainly more mentally engaging, but also parasitic of time. To concurrently pay for multiple streaming services is unfathomable to me, moreso right now…

On the flip side, it's a relatively cheap form of entertainment. $5-30/month and you get access to hundreds or thousands of hours of quality entertainment per service. And there are some awesome shows that my family legitimately enjoys watching together.

It was nice having multiple options on a Friday/Saturday night without the overhead of having to think about subscriptions, because the services combined were the equivalent of one or two hours of my hourly rate a month, and we were in the black month-to-month. So who cares? Now my hourly rate doesn't cover nearly as much as it used to what with everything else through the roof, so I have to care, and I'm lucky to be in that position. Fun times.

Re: U.S. annual inflation rate drops to 8.5%

#382

Post by thematrixturtle »

manimino wrote: post #244
propogandist wrote: post #233

Earlier quoted context omitted.

They’re pushing all kind of narratives to make cattle seem like they’re terrible for the world, and linking everything to climate change. No one wants to accept the push to start eating bugs. Don’t give into the WEF propaganda https://www.theguardian.com/environment/2021/mar/18/cows-sea...

Who exactly is "they"? The... Big Bug industry?

"Eat the Bugs" has become a far-right/anti-woke catchphrase. This video is typical:

https://youtu.be/8_8LTUmHWP0

Re: U.S. annual inflation rate drops to 8.5%

#383

Post by Consultant32452 »

donatj wrote: post #146

What are the actual metrics they use to measure inflation? My electric bill is 33% higher than previous years, my gas bill is similar. City/Water/Sewer doubled. Trips to the grocery store are up close to 20%, and gasoline doubled. Everything you actually purchase day-to-day is up far more than the inflation benchmarks, so much so it’s beginning to feel like propaganda. I overnight went from thinking “I make good mone…

You should be suspicious of any metric that attempts to whittle inflation down to a single number. The purpose of single number measures of inflation is so that the people who get judged by those metrics can manipulate them.

Re: U.S. annual inflation rate drops to 8.5%

#384

Post by vegardx »

politician wrote: post #341
vegardx wrote: post #308

Earlier quoted context omitted.

Quoted post unavailable.

He's probably not a Russian troll (see for yourself). I think your comment would've stood by itself without dressing him down. Something to consider.

Good point. I'll do better in the future.

Re: U.S. annual inflation rate drops to 8.5%

#385

Post by nativespecies »

bamboozled wrote: post #344
deanmoriarty wrote: post #111

No freaking way! My rent just went up 15% (and last year too, which forced me to move out and look for a cheaper apartment), all groceries are up 30% across the board compared to last year, I know because mobile apps show my previous receipts. These are the times I feel dumb for not being a homeowner (despite technically being able to afford it, just didn't want to get locked down in an area for 8+ years to make the…

Your mortgage repayments won't go up too?

With a fixed rate mortgage? Uh, no.

Re: U.S. annual inflation rate drops to 8.5%

#386

Post by asah »

lettergram wrote: post #274
Balero wrote: post #210

Earlier quoted context omitted.

>- if Ukraine doesn’t surrender, we can expect less food production and potential oil disruption to center Europe If Russia doesn't surrender. Don't put the responsibility of global food prices on the people being repressed and killed in their own homes. Do it on the aggressors and war criminals.

Lol I’m not “placing blame” I’m stating what I see as facts. Russia will not surrender. The longer the Ukraine is in the war, the higher likelihood the people of Ukraine starve. We can make an argument that they shouldn’t surrender. That’s a moral position. I’m pointing out if we don’t figure it out within the next few months you’re not going to get the food from the region, as people are fighting over it. I don’t ca…

Where do you get this "fact" that Russia won't surrender? More powerful armies have been forced to retreat from unsuccessful invasions.

Re: U.S. annual inflation rate drops to 8.5%

#387

Post by sangnoir »

post_break wrote: post #92
roflyear wrote: post #78

Earlier quoted context omitted.

Quoted post unavailable.

My previous plan was 8c per kWh, it's now 16c per kWh. I live in Texas where you shop for rates. Before you're quick to crap on comments give a little benefit of the doubt.

> My previous plan was 8c per kWh, it's now 16c per kWh

Didn't ERCOT allow the Texas energy resellers to "recoup" the winterstorm losses (running into billions) from their customers over a decade? That increase was not primarily driven by inflation, but by good old socialization of losses while privatizing profits.

Re: U.S. annual inflation rate drops to 8.5%

#388

Post by stall84 »

I'm sure everyone noticed .. but the ONLY index that actually deflated (decreased) this past month was gasoline. .. Not energy (electric, nat-gas, gas).. JUST gasoline.. It declined nearly 8% (significant) net-nulling the rest of the indexes which all continued to increase (food, building, all-other-energy-forms).

Re: U.S. annual inflation rate drops to 8.5%

#389

Post by rhexs »

vegardx wrote: post #308
lettergram wrote: post #290

Earlier quoted context omitted.

The issue has to do with the harvest coming up. The next harvest will come from fields with less fertilizer and higher fuel prices. We can expect corn prices in the fall jumping significantly. Next year will even be worse, we are using a fuel reserves now and fertilizer will still be an issue (unless peace is made with Russia). I’m expecting a significant increase in the next 2-3 months then again in 15-16 months.

Quoted post unavailable.

Anyone who I disagree with is fascis…oh a Russian troll now. Got it.

Re: U.S. annual inflation rate drops to 8.5%

#390

Post by nirav72 »

antiverse wrote: post #343
scottLobster wrote: post #266

Great. All I know is I'm trading a lot more time for money this year. Way less takeout, avoiding toll roads unless it saves at least 30 minutes, fewer streaming services (will renew on a show-by-show basis), and food is getting so crazy I might start going to multiple stores to try and save money instead of my one consolidated trip to Wegmans. I'm also stuffing my freezer with meat and have a year's supply of non-per…

> fewer streaming services Pessimist's take: When thinking about what we trade our time for, TV shows (and films, to some degree) have always been to me an endless source of a time sink for relatively little return. Games, slightly better, more social in some ways, certainly more mentally engaging, but also parasitic of time. To concurrently pay for multiple streaming services is unfathomable to me, moreso right now…

I found having 3-4 streaming subscriptions is still quite a bit cheaper than cable tv or satellite. Also I get to watch what I want to watch when and where. Like many others, I cut the cord 3 years ago when I was paying $100/month for just basic cable with mostly useless channels or content that didn’t interest me. Now my total cost is under $50/month for a family of 4 for streaming subscriptions.
Post reply on HN