471–480 of 566 posts
Earlier quoted context omitted.
5% is not that much higher than historic averages. 1990 had 5.4% inflation, and 2008 close to 4%.
Worse than 2008, got it.
Earlier quoted context omitted.
Coke’s advertising isn’t “hey this is what Coke is” it’s “hey aren’t you thirsty and don’t you remember how much fun you’ve had in the past while drinking Coke?”
I've never once grabbed a coke because of seeing a commercial. And I barely drink it because I have enough sugar in my life and don't want my kids chugging soda all day long like I did as a kid. So I do see your point, I just don't get how that influences people. But again, I recognize it must to enough of a degree- I just don't feel like I'm one of them so it's hard to personally understand. Maybe I am, but I think…
Sure, not every person is a Coke consumer. What drinks do you drink?
Keep in mind, a very meaningful part of Coke's (and any other CPG company) advertising budget is paying grocery stores to put their products in prominent locations.
Earlier quoted context omitted.
Which is partly what we’re seeing. CPI rose 0.4% MoM in October, or 4.8% seasonally adjusted. That’s above target, but better than YoY.
Seasonally adjusted != multiply by 12. Prices naturally fluctuate throughout the year due to weather, consumer patterns, and business cycles. Seasonal adjustment is an attempt to account for those changes.
Anyone notice that brand name soda (looking at you Coke) has increased almost 100% while the generic/house brand has had slight increases. I feel like Coke is testing the pricing limits of its customers especially with the smaller packaging and these prices will not come back down.
It bears repeating because this is a common mistake in inflation discussions: a decrease in inflation metrics means price increases are slowing down, it doesn’t mean that prices are going down （that would require a negative CPI print). Also, this number is year over year, so the decrease just means the price increases between Oct 21 and Oct 22 are not as steep as between Sept 21 to Sept 22, which is not hard to achie…
Earlier quoted context omitted.
How did student loan cancellation reverse inflation reduction when it's on hold due to legal challenges? No one has received a penny.
I haven’t been paying anything since non-penalized forbearance started. Why pay when interest is 0% and there’s no penalty for not paying? I’ve been using money that normally goes to loans for other bills. I imagine plenty of other people are buying more stuff with the money so i imagine it does contribute to inflation
Earlier quoted context omitted.
Why is it a bad idea to buy a new gas car? ExxonMobil is not going to stop pumping oil out of the ground.
My reasons: in 10 years time most local gas stations will be closed, 95% of the demand for used cars will be for electrics and 97% of the supply will be gasoline so the car will only have its scrap metal value. But most people aren't thinking that far ahead. They just know I can recharge my car for $10 but it costs them $100 to refill theirs. They know that electricity prices are a lot more stable than gas prices.
Earlier quoted context omitted.
Depends on your time horizon. In the very short term, inflation linked bonds as other comments mention. In the 15+ year bracket, probably equities. Perhaps real estate at a low mortgage rate but it's not very diversified. Gold is commonly touted as an inflation hedge, but that's over a much longer time horizon, probably longer than most people are alive. In the end it really depends on the cause of inflation - expect…
Is gold still the inflation hedge? One the one hand yes, but if i.e SpaceX starship is a total success, asteroid mining could be the black swan for that. Though I may be totally wrong (and off by orders of magnitude) about that.
Earlier quoted context omitted.
Then buy generic. This is one way to fight inflation. Coke will get the message very quickly if their sales start coming down.
If you drink neither and choose water, then it'll really come down. Bonus: you'll feel better
It bears repeating because this is a common mistake in inflation discussions: a decrease in inflation metrics means price increases are slowing down, it doesn’t mean that prices are going down （that would require a negative CPI print). Also, this number is year over year, so the decrease just means the price increases between Oct 21 and Oct 22 are not as steep as between Sept 21 to Sept 22, which is not hard to achie…
Anyone else feel like this is such a dumb way for the general public to track inflation. Like, a simple line chart with the X axis being time and the Y axis being the price of a basket of goods would be so much clearer