U.S. annual inflation rate drops to 8.5% • Hacker News Board

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

#571

Post by atyppo » Wed, Aug 10, 2022, 4:17 PM UTC

tshaddox wrote: post #565

atyppo wrote: post #517

Earlier quoted context omitted.

I'm in a pretty small apartment in Manhattan (albeit with an abnormally large kitchen). I can always get the value of my Costco membership in my first trip there, even without a car. Basic goods like Advil, laundry detergent and dishwasher detergent are miles cheaper than other options in Manhattan.

We find it difficult to use the Costco OTC drugs like Advil among two people before the expiration date.

Expiration dates on some OTC drugs like Advil aren't as important as you might think. [See this.](https://www.healthdigest.com/756305/does-ibuprofen-expire/)

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

#572

Post by User23 » Wed, Aug 10, 2022, 4:17 PM UTC

gt565k wrote: post #485

kjkjadksj wrote: post #453

Earlier quoted context omitted.

Its tough when you live in an apartment with no storage. You often are paying more because you dont have room for bulk. Costco is great if you have a garage or basement though

What I do is buy meat in bulk from costco and marinate and preseason then cut it up and vacuum seal it with a $30 vacuum sealer and sousivide bags from amazon. I can then stuff my freezer with ready to cook chicken, steak, fish, etc. I just take it out the night before to thaw in the fridge.

You probably know this, but sous vide will cook fine from frozen too. You just have to give it an extra hour or so. Heat baths are cool!

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

#573

Post by drost » Wed, Aug 10, 2022, 4:17 PM UTC

gt565k wrote: post #485

kjkjadksj wrote: post #453

Earlier quoted context omitted.

Its tough when you live in an apartment with no storage. You often are paying more because you dont have room for bulk. Costco is great if you have a garage or basement though

What I do is buy meat in bulk from costco and marinate and preseason then cut it up and vacuum seal it with a $30 vacuum sealer and sousivide bags from amazon. I can then stuff my freezer with ready to cook chicken, steak, fish, etc. I just take it out the night before to thaw in the fridge.

Skip the thaw step and cook those things sous vide.

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

#574

Post by ac29 » Wed, Aug 10, 2022, 4:17 PM UTC

galdosdi wrote: post #494

nradov wrote: post #445

Earlier quoted context omitted.

Your numbers are way off. The MSRP for the cheapest Nissan Leaf with 200+ mi of range is $36K (plus sales tax and registration fees, so total cost out the door is significantly higher). And that's if you can even find one; most dealers are out of stock, or are gouging customers with additional mark-ups. Federal EV tax credits can bring the net price down for some customers but that depends on their individual income…

The Bolt is about $26k. I looked it up last night while fantasizing about car purchases. I guess the Leaf is more expensive now, oops? Not sure why my point wouldn't still stand? The new car shortages are real but I don't see how they speak to long term EV viability which is what was being discussed. ICE cars are just as affected, and it's bound to get better eventually. EDIT: It appears you have lied. The price you…

They said the cheapest model with 200+ mile range, the base model you saw a lower price for is only 150 mile range.

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

#575

Post by mike00632 » Wed, Aug 10, 2022, 4:17 PM UTC

hunterb123 wrote: post #495

thatfrenchguy wrote: post #478

Earlier quoted context omitted.

You can also, not buy meat, and avoid the electricity cost of running an additional freezer!

You can also, live in a tent, and avoid electricity all together! But for those who like protein packed meals in a comfortable environment an additional deep freezer is a great investment. You can deep freeze extra veggies/fruit if you have a beef with meat.

Or you can buy beans and rice. More protein. More cooking options. No need for freezing.

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

#576

Post by User23 » Wed, Aug 10, 2022, 4:18 PM UTC

bialpio wrote: post #564

hunterb123 wrote: post #513

Earlier quoted context omitted.

Or pull your generator out and power your cooler and other essentials. Much easier than trying to get and find dry ice in an emergency.

Where does one normally find dry ice in the US, even when there's no emergency? Is it a commonly stocked thing?

Grocery stores usually have it, you just have to ask someone.

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

#577

Post by [deleted] » Wed, Aug 10, 2022, 4:18 PM UTC

jjcon wrote: post #526

weberer wrote: post #332

"In the fall of 1972, President Nixon announced that the rate of increase of inflation was decreasing. This was the first time a sitting president used the third derivative to advance his case for reelection." - Civ5

Would that be third derivative or just second? My brain doesn’t want to parse that

[deleted]

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

#578

Post by Invictus0 » Wed, Aug 10, 2022, 4:19 PM UTC

ambientenv wrote: post #77

It is interesting, at best, aggravating mostly, that folks are still adamant that we can apply the heuristics of the past to conditions in the present. Evidence suggests we cannot. Governments, government bodies and other vested interests around the globe are covertly managing (taking liberties with the "numbers"?) the downward spiral in order to maintain some semblance of control and not have everything derail too q…

Sir this is a monthly inflation report

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

#579

Post by s1artibartfast » Wed, Aug 10, 2022, 4:21 PM UTC

sanderjd wrote: post #454

koboll wrote: post #350

Earlier quoted context omitted.

Since the baseline fear level was "inflation will keep going up and the Fed will keep raising rates, sending us deeper into a recession in the process", this seems extremely encouraging. If inflation has peaked and is starting to fall, we will get out of this much less painfully than prior recessions.

It is unlikely that there is a recession currently. We added like 500k jobs in the most recent report.

It depends on what you think the word recession conveys.

If you think it is a decrease in the real gross domestic production and purchasing power of Americans, we are clearly already there.

If you think it is the slope employment for some reason, then no.

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

#580

Post by ailef » Wed, Aug 10, 2022, 4:21 PM UTC

Balero wrote: post #528

ailef wrote: post #501

Earlier quoted context omitted.

I don't understand what kind of bubble people are in if they think Russia is about to surrender soon. According to the Western media they were running out of ammo in March, April, May and June. Meanwhile, with an incompetent army running out of supplies, they were apparently able to occupy 20% of Ukraine's territory.

To be clear. I agree with you, I doubt Russia will surrender any time soon. The conclusion as far as food goes is that globally, plans should be made that do not count on any food from Ukraine, or Russia entering global markets. I just took umbrage that OP was seemingly (and probably unintentionally) putting the blame for the situation on Ukraine and not Russia.

My interpretation is that he phrased it like that because he sees Ukraine surrendering as the most likely scenario. Not to put blame or responsibility on Ukraine.