Earlier quoted context omitted.
If the US dollar was being devalued faster than reported, and the Euro wasn't, wouldn't that be visible in the exchange rate?
I think Europe has worse financial problems than we do.
Who is we?
US Wholesale Inflation Rises by Most in 3 Years
81–90 of 412 posts
Re: US Wholesale Inflation Rises by Most in 3 Years
#82[flagged]
Re: US Wholesale Inflation Rises by Most in 3 Years
#83Earlier quoted context omitted.
What does debt have to do with the calculation of inflation? It may impact inflation but you seem to be claiming debt is a component of inflation calculation, when inflation is little more than the change in prices.
>> What does debt have to do with the calculation of inflation? Debt isn't a component of inflation calculation but they are related. During Covid the US government increased the deficit (not debt, the derivative of debt) by a trillion dollars (no partisan stuff here, Trump did it first and then Biden). The infusion of money into the economy was one of the drivers of inflation between 2021 and 2025. You may ask, wher…
Technically speaking, the deficit peaked in 2020, fell a hit in 2021, and then fell a lot more in 2022, and then rose a bit in 2023 and 2024. The deficit on 2025 Inauguration Day was way smaller than on 2021 in Inauguration Day, so I’m not sure it would be fair to claim that Biden increased the deficit. See the graph at https://fiscaldata.treasury.gov/americas-finance-guide/natio...
Downvotes on this are weird, it’s just basic math (the deficit bar in 2025 is way lower than the deficit bar in 2021). I get FoxNews thinking math is a liberal conspiracy, but not HN.
Re: US Wholesale Inflation Rises by Most in 3 Years
#84Earlier quoted context omitted.
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Honesty would require admitting that the parties are different. They are not the same, they have different values, and we can see that by who gains and loses power in the party. Which actions are unacceptable, and which actions are rewarded. The difference is stark!
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Re: US Wholesale Inflation Rises by Most in 3 Years
#85And this is after they massaged the numbers, to avoid getting fired?
I don't think any existing numbers were officially changed, just that the head of BLS was fired.
Yes, for THAT head of the BLS. It is super clear to the next head of the BLS that they deliver the number the president likes or they will be fired.
So, just like in Venezuela, that number will be delivered.
Re: US Wholesale Inflation Rises by Most in 3 Years
#86Over the years I have read a few articles or blogs that make the argument that if government inflation figures in the US were calculated as they do in Europe, then our reported US inflation figures would be much higher. Can anyone here verify this? Our main problems involve under the table unreported to the public military expenditures. If you look at a map of our military bases, we have many bordering China. I think…
Had trouble following your core point. Do you have references regarding 900 bases with many bordering China. I have never seen such figures or that they border China.
Google Gemini 2.5 Pro just estimated 200 military bases close to China (I used “close” in my prompt, not very precise, so that number is likely including bases in the general area.)
Gemini estimated 750 to 800 total military bases.
Re: US Wholesale Inflation Rises by Most in 3 Years
#87Earlier quoted context omitted.
> Frankly, I haven't seen a single country where I spent any significant amount of time, where official inflation numbers were not seeing as a complete joke by the common folks. The public in general can be really bad at perceiving the truth. I might take note of people's feelings to go and recheck something but I would not trust peoples feelings with stuff like this to make any sort of conclusion. Verifiable metrics…
No. It's more like the elites don't GaF about the ordinary people, and then there is no trust between the two.
Fortunately (or unfortunately) the world is not nearly as nefarious or conspiratorial as people with shorter sticks tend to make it out to be.
Re: US Wholesale Inflation Rises by Most in 3 Years
#88Earlier quoted context omitted.
No. It's more like the elites don't GaF about the ordinary people, and then there is no trust between the two.
Fortunately (or unfortunately) the world is not nearly as nefarious or conspiratorial as people with shorter sticks tend to make it out to be.
No, it is not. They simple don't care to cover up anymore so we don't need to invent tin hats anymore.
Re: US Wholesale Inflation Rises by Most in 3 Years
#89In Norway our food prices has gone up by more than 4 in one month while we are destroying any capacity for local production while we have protectionism that would make Trump blush. How is that not newsworthy, but this is?
Norway has a population half that of New York City.
Re: US Wholesale Inflation Rises by Most in 3 Years
#90Over the years I have read a few articles or blogs that make the argument that if government inflation figures in the US were calculated as they do in Europe, then our reported US inflation figures would be much higher. Can anyone here verify this? Our main problems involve under the table unreported to the public military expenditures. If you look at a map of our military bases, we have many bordering China. I think…
https://www.shadowstats.com/ Tl;Dr. The outlook has changed little. ShadowStats numbers show that the economy remains in a deepening downturn, intensified by ongoing Federal Reserve Rate Hikes. Headline inflation faces a near-term rebound, thanks to the continuing and broadly based excessive growth in the Money Supply and Systemic Liquidity, as triggered by the Fed. Separately, with the Debt Ceiling now eliminated by…
Shadow stats is a crank blog with absolutely no validity. Choose your debunking source, but the owner of the blog literally just adds an amount to the official rate that he thinks represents the government error. There’s no calculation, there’s no “pre-1980 methodology”, just one dude’s vibes. If the rate has averaged 9% over the past 25 years, you’d be talking about over 750% inflation since 2000. You can buy any manner of new car today for $35k - could you buy a new car for $5k in 2000? Did a gallon of gas cost $0.40/gallon? Could you rent a modern $1,500 apartment for $200/month?
https://www.fullstackeconomics.com/p/no-the-real-inflation-r...