241–250 of 412 posts
Are there inflation indicators that aren’t government controlled? Don’t think anything coming out of trump influenced bodies is worth the paper it’s on anymore
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That's what tariffs do though. If you have a product that competes with another that now costs more due to tariffs, you're now free to raise your prices as well, in order to maximize profit. Your product may not have a tariff, but it does have greedy shareholders that see that they can now raise their earnings because competitors suddenly aren't so competitive anymore. Try going on a shareholder earnings call. They'r…
We’re talking about a lot of domestic goods here. Why’s the BLT more expensive? It’s literally just bacon, lettuce and tomato. Scams are scams, man. This is not economics, it’s human nature. Tariffs did not make the price of your BLT go up, it’s greed.
Even for products made in the US if other things increase the cost of running a business those costs will get passed on to the buyer. It takes LABOR to get bacon, lettuce and tomato....have you heard about ICE raids and crops getting wasted because people are not showing up to work? That will affect prices as less produce = higher prices as demand increases.
If equipment gets more expensive, then cost of produce gets more expensive. I work for a manufacturing company...under Trump our cost has been spiking due to insane tariffs....those costs are passed to people who make equipment and to farmers, then to YOU.
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Well, look at the history of removing things like living necessities and increasing things that have dropped in price like TVs. Calculation of CPI is deranged by the cherry picking of what they measure.
The basket of goods that they base the inflation rate on is created by surveying people and asking what they spent their money on. It's intended to reflect how households actually spend money. Not sure how that would be called "cherry picking". How do you think they should do it?
What mechanism was that done through? The census or Walmart data?
I don't think anyone has seen a staffed table outside a retail store labeled "CPI Survey". This feels like an important question.
Whatever the problem is, it's everything but unicorn funding. We can be sure of that on this forum.
The domain name here isn't really driving the comments or content that I can tell.
In 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?
Over 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…
The defence budget is America's job program. Very little of the money that is defense spending ends up in defense shareholder pockets. The overwhemling vast majority goes to propping up America's (now) anemic industrial base. Remember that virtually all defense dollars are constrained to only be spent on American made things and services. And most of money sent to the big contractors goes to the gazillion sub-contrac…
If you don't think it makes sense to scale it by GDP (though I do), then in real terms it has gone through cycles since 1965, with definite periods of decrease, even though the overall trend is upward: https://www.johnstonsarchive.net/policy/edgraph.html
Oh no someone is getting fired again. This poor soul forgot that telling the truth is forbidden
Maybe these are the numbers after they were fudged to save a job?
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It still baffles me that he has convinced so many of his followers that he's going to lower grocery prices by raising prices. It almost doesn't even make grammatical sense, let alone any practical sense. Before someone decides to try and explaining to me that tariffs will bring back work to the US and help our economy, I just need to say that is orthogonal to the point of inflation . It's possible that the tariffs wi…
Most companies are looking for countries other than China with no tariffs and bringing it back to US is not even a consideration.
Plus, by the time you can start manufacturing in the US it would take at least 1-3 years to get a factory ready. Then, you have a new president and these might go away. Too much risk to make rash decisions on moving manufacturing.
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It’s the tariffs. You’re assuming that everyone will raise the price and have the same goals. Some businesses will see it as an opportunity to undercut and gain market share. After all, total profit = sales margin * sales volume. You can increase your profit by increasing your volume because you kept your prices unchanged while your competitors decided to increase prices.
Tariffs don't affect products that are produced locally.