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U.S. annual inflation rate drops to 8.5%

bls.gov

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

#731

Post by ffggvv »

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…

https://twitter.com/jessefelder/status/1557405859986038785?s...

'Grocery prices were up 1.3% in July from the prior month and rose 13.1% in July from a year ago, the fastest annual pace since 1979.'

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

#732

Post by norwalkbear »

Dylan16807 wrote: post #686
norwalkbear wrote: post #661

Earlier quoted context omitted.

Yea insects typically have a high amount of allergens to humans. It's why bioreactors for things like insulin, igb, etc avoid insects cells if they can.

You want to go as low as possible for a medicine, but how common are allergies to the kind of breeds that make reasonable food? For comparison, it would be silly to say we shouldn't normalize eating peanuts because of the allergy risk.

Are you kidding? Insect cells used in bioreactors would be an order of magnitude safer than possible insect food ( medical grade is much much higher standard than food grade), and people still avoid it as much as possible . That should tell you "food grade" insects have enormous risk associated with them.

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

#733

Post by cjrp »

KallDrexx wrote: post #640
cjrp wrote: post #535

Earlier quoted context omitted.

Why would the insurance company pay more than the adjuster's estimate? Isn't that the point of them sending a loss adjuster, to determine how much they should pay?

When the adjuster comes out, the roof shingles are still there on the roof. No demolition has occurred yet. What happens is the roofing company claims to the insurance company that they had to replace more boards, they needed more nails, and a bunch of other material costs they claimed they needed. Since the policy states that the coverage warrants a replaced roof (of the same type) in this instance, the roofing comp…

Interesting, thank you. My assumption was if the repair cost more than the adjuster estimated, the insurance company would say well.. too bad!

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

#734

Post by switchbak »

Jalad wrote: post #672
kjkjadksj wrote: post #455

Earlier quoted context omitted.

Just get panniers

Yeah this might be a good idea. Haven't looked into it yet but I might end up doing something like this. A sibling comment mentions a trailer and I like that idea as well

I used to do that, trying to load anything reasonable on a bike makes it handle like serious crap. It jackknifes and good brakes become very important.

A trailer would probably be a lot better.

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

#735

Post by ailef »

jazzyjackson wrote: post #721
ailef wrote: post #713

Earlier quoted context omitted.

I was talking about official statements defining the goal as occupying 100% of Ukraine's. Taking an ambiguous word in a propaganda speech doesn't cut it. > How do you demilitarize a nation by taking only 20% of it? The only way to do this would be to capture the entirety of the country. Really? What if Ukraine surrenders and negotiates sovereignty over the remaining 80% of their territory while dismantling (or at lea…

In what way is a president's speech not an official statement?

It's an official statement, it just doesn't say that the goal is occupying 100% of Ukraine.

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

#736

Post by jhallenworld »

roflyear wrote: post #714
jhallenworld wrote: post #306

Earlier quoted context omitted.

There are other reasons: the boiler is from the 1940s (59% efficiency) and the oil tank is at least 30 years old. It's not pretty if the oil tank leaks... https://www.youtube.com/watch?v=djpH8pUSpjM

Sounds paranoid. Is your tank indoors? It'll probably outlast you.

It is indoors, you might be right. The tank might also be from the 1940s for all I know. In Canada, you are supposed to replace the tank every 10 years.

The last time oil was this high, the heating bill was $3800 for the year. At that price the decision is easy.

What could happen is we go into more competition for our natural gas with Europe this winter. For sure the price would be much higher. Luckily (for USA consumers) that the Freeport LNG terminal is off-line..

Oh well foo, they soon will be back on line:

https://www.reuters.com/markets/commodities/us-regulator-all...

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

#737

Post by ailef »

zz0rr wrote: post #725
ailef wrote: post #685

Earlier quoted context omitted.

I've never heard the goal was 100% of the country. Can you point to a source?

"...it is a risky business for a senior politician to put on public record an estimate of future events which, if wide of the mark, would provide ammunition to his adversaries. Similarly, a President who announces specific policy goals affords the public a measure of his failure if he falls short of his hopes. Hence it is common practice for officials to define foreign policy goals in the broad generalities of peace,…

I agree that it may be the goal. We just can't know it.

But in the post I was replying to it was stated as a certainty rather than a possibility.

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

#738

Post by cbm-vic-20 »

randomdata wrote: post #187
radioactivist wrote: post #97

So the year over year CPI increase each month this year (starting from January) was 7.5%, 7.9%, 8.5%, 8.3%, 8.6%, 9.1%, 8.5%. So this value has been jumping around a bit as it has been going up. This drop is being taken as good news -- but I worry whether this is really a meaningful drop or whether we are just over interpreting what could be a fundamentally noisy metric?

Corn seems to be a good leading indicator here[1]. Cash bids were $4 in 2019, $5 in 2020, $6 in 2021, $7 at the start of 2022, $9 when the war in Ukraine broke out, down to $8 in June, and now at $7.50 where it has remained stable at since the beginning of July. Which suggests that things are indeed slowing. [1] Which likely ends up being a proxy for oil, but as a farmer I watch food commodities much more closely.

Anecdotally, corn has the supermarket has been really expensive this year compared to the past few years. Like 3x the usual price.

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

#739

Post by thrashh »

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?

The next time you go into a grocery store, look at the front and see if you see a dry ice storage box

I get it all the time for camping trips

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

#740

Post by daemoens »

ailef wrote: post #735
jazzyjackson wrote: post #721

Earlier quoted context omitted.

In what way is a president's speech not an official statement?

It's an official statement, it just doesn't say that the goal is occupying 100% of Ukraine.

The idea that Ukraine would reduce the capabilities of their armed forces after 8 years of war with Russia in the separatists and constant training with NATO is nonsensical. They wouldn't have spent 8 years preparing for this war if they would just throw it all away. Clearly those years training weren't wasted because Russia has barely made any gains in the past month. Everyone was speculating the whole government would collapse in 24 to 48 hours. Now, 5 months in, and they've lost up to 80,000 soldiers for 20% of Ukraine.
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