101–103 of 103 posts
Earlier quoted context omitted.
No fun for you, but nationwide piped gas went up 3%, not 100%. Your cost per unit (not overall gas bill) doubled in december? What gas provider do you have?
SoCal Gas company. They sent out notifications to everyone warning about the coming price hikes.
My gas company priced units 3.8% higher in Dec than Nov.
Earlier quoted context omitted.
> Eggs are significant ingredient in many homemade things (eggs, bread, pancakes, pastas, brownies) and one of the cheapest,cleanest protein sources in the American diet. Yes, and food makes up ~13% of the BLS CPI. This is taken into account when they do their surveys to see what people are spending their money on: * https://en.wikipedia.org/wiki/Consumer_Expenditure_Survey Remember that the CPI is the national avera…
I'm not questioning the survey results, I am challenging the lack of importance of eggs.
The survey would determine how many eggs people eat, both directly (omelettes) or indirectly (or as a component, as in cake):
* https://www.statista.com/statistics/183678/per-capita-consum...
And from there the BLS would know how many to put in the basket of goods it uses. Which they have listed in this table:
* https://www.bls.gov/news.release/cpi.t02.htm
And here's the data series for the price of eggs:
* https://data.bls.gov/timeseries/APU0000708111
* https://fred.stlouisfed.org/tags/series?t=bls%3Beggs
What people put in the the survey would indicate the the "importance of eggs" (in the average case).
Cash is trash. It’s headed toward zero in the long run. They’ve barely unwound any of the Feds balance sheet. I think it’s ridiculous for the markets to assume the fight is over and position for a pivot. Imagine what would happen if the fed started selling $100B+ in treasuries per month. EVENTUALLY we’re gonna have to address that plus our enormous congressional deficit.
The fact you are getting downvoted is simply amazing to me. It shows people are just not ready to look at reality of budgeting. People are honestly under the illusion that debt is just a number and can never get too high. Nothing is forever.
It doesn’t take a genius to observe cash is GUARANTEED to loose value. In the current environment it’s the least safe asset…it just doesn’t have the same volatility to it!