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U.S. annual inflation rate drops to 8.5%

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

#761

Post by spookthesunset »

trebbble wrote: post #415
phkahler wrote: post #42

Earlier quoted context omitted.

A Sausage McMuffin and a coke used to cost $2.12 at most locations near me two years ago. Today it varies from $2.95 up to $3.85 (strangely this high value is in Detroit proper where income is lowest vs the burbs). I notice this price varies even at the same locations sometimes, but it's WAY up in general by a solid 50 percent in 2 years.

Everything I care about definitely seems to have gone up a lot more than the nominal inflation rate would suggest. Maybe not 50%, but... certainly more than 20% over the last two years. Then again that's been true since I started paying attention to this stuff almost 20 years ago. The reported inflation rate's never felt all that close to how much stuff I buy's actually going up in price (the reported rate's consiste…

Is the menu prices on the app less than you'd see at the drive through window?

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

#762

Post by BitwiseFool »

goodpoint wrote: post #728
floren wrote: post #673

Earlier quoted context omitted.

Your car is much less likely to be stolen while you're shopping?

A bike is so much cheaper than a car that even if it gets stolen every 2 months you are still saving.

I don't think this figure is accurate, but even so this isn't something I would want to accept - regardless of a convincing calculation that it is a net benefit.

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

#763

Post by nradov »

stuckinhell wrote: post #726
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.

In the real world, we all know Russia isn't going to surrender, and Ukraine is going to lose. That's why western leaders are putting distance between them and ukraine

The most likely outcome is that neither side surrenders or loses. Instead the conflict will just grind on indefinitely as a slow war of attrition. While some western leaders are distancing themselves from Ukraine, others will continue to support Ukraine as a way to bleed Russia to death and discourage future invasions of other countries.

Putin won't live forever. So the goal is just containment until he's replaced by someone less aggressive.

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

#764

Post by hunterb123 »

mike00632 wrote: post #575
hunterb123 wrote: post #495

Earlier quoted context omitted.

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.

They aren't more protein, but I eat beans and rice all the time. They are great.

I also love beef, tuna, shrimp and many other meats.

I like having a variety in my diet and to eat what I prefer.

See how quickly you hate beans and rice if you only have beans and rice.

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

#765

Post by gambiting »

cjrp wrote: post #452
rand49an wrote: post #401

Earlier quoted context omitted.

Damn what tariff are you on? My gas is currently 7.34p/kWh with Octopus.

Ditto EDF. Is op mixing up kWh and m3 perhaps?

No I'm not. The current fixed deal with Octopus here in UK is 18.53p/kWh + 48p/day as standing charge.

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

#766

Post by silksowed »

kombucha13 wrote: post #718
silksowed wrote: post #409

Earlier quoted context omitted.

in what world will people eat bugs instead of beef, do bugs taste anywhere as good as beef? all the push from the supply side doesn't fix the demand problem.

Honestly they are really delicious and satiate in a similar way to meat. Try some grasshoppers next chance you get.

ill try anything !

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

#767

Post by nradov »

tmikaeld wrote: post #218
lettergram wrote: post #131

Earlier quoted context omitted.

The inflation on food due to high fuel and fertilizer prices won’t really kick in until October -> February during harvest. Next year food will be far higher, largely due to - people skipping fertilizer a second year in a row - the feed price increases from year prior will impact next years meat - much of the cow herds have been reduced due to hay prices skyrocketing (but beef rates staying far lower, due to sell off…

> - if Ukraine doesn’t surrender, we can expect less food production I doubt that Russia would prioritize food production if they win the war, considering the huge list of "enemies" they've added to their list. Most likely, they send food production to allies and they'll attack the next neighboring country in a few years by keeping exports (Gas/food) towards "enemies" at a minimum.

Wheat and other grains are somewhat fungible on the world commodity market. If Russia sells more grain to select allies then there will be more available to other buyers from different sources. Transportation complicates things a little, but generally that's how it works.

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

#768

Post by roflyear »

mrep wrote: post #108
post_break wrote: post #61

Earlier quoted context omitted.

My natural gas bill used to be $16 before I used a single ccf, now it's over $20. This winter I'm going to keep the heat at 60. 1500 square foot house. My winter heating bill maxed out at like 60, I'm looking at double that this winter.

Do you not have base charges? I'm paying ~$50 a month even if I use no gas.

No, I do not.

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

#769

Post by silent_cal »

UncleMeat wrote: post #533
silent_cal wrote: post #98

These inflation numbers, as I assume other flagged posts have already pointed out, are extremely misleading. Does anyone really think that housing, food, gas, or any other major consumer expense has only risen 8.5% since a year ago?

Inflation is not a force that acts on prices. It is a weighted measurement of price increases. 8.5% CPI is perfectly possible even with 100% increases in the price of gasoline. "Wait, but this thing rose by more than 8.5%" is not a coherent argument. In fact, you can go look at the breakdown by price category and see the categories that have gone up by higher amounts.

You're making my point - it's a misleading metric.

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

#770

Post by _-david-_ »

kombucha13 wrote: post #730
_-david-_ wrote: post #456

Earlier quoted context omitted.

Clinton told the Biden he should not concede in 2020 if the results showed he lost. Not to mention Stacy Abhrams in 2018 and Clinton in 2016 saying the election was stolen from them. Not accepting elections and claiming elections were stolen is quite bipartisan.

Some of these things are not like the others....

Which ones?
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