331–340 of 412 posts
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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.
And this is after they massaged the numbers, to avoid getting fired?
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We all know Trump voters didn't give two shits about the price of eggs. That's not why they vote for him.
I'm less concerned with Trump voters (more or less the same people keep voting for him), and more with why ~10 million people didn't vote for his opponent (who had voted for her predecessor). I don't believe it had anything to do with the price of eggs, either. That was presented as the primary reason, and it's so clearly wrong that it makes me suspicious.
Oh no someone is getting fired again. This poor soul forgot that telling the truth is forbidden
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That is explained by housing also becoming more valuable. It wasn't that long ago that owning a house was considered a necessary evil at best, not the path to riches as it is recognized as today. Historically, you were lucky if you got your money back out of a house when you decided to sell it. Nowadays, if one doesn't get a double digit percentage return on investment they are crying like it is the end of the world.…
Yes, it became "more valuable" to corporations that want to extract wealth from them instead of living inside them. Another way for the wealthy to extract wealth from the poor.
Home ownership rate today is pretty much the same today as it was in the 1970s, its slightly higher.
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> 100% due to Trump's illegal tariffs This is false on its face. Inflation has been a problem for years.
Inflation was on its way down in 2024. It has now reversed course and going back up again. This is not a random occurrence.
Trump has been president for fewer than 9 months.
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. And my experience usually matched it. There's plenty of space to hide reality when building a price index. Price index do not capture the reality of most people cost of living. They don't capture the family that have to buy margarine instead of…
I don't know how this works in other countries, but in the US the weights do not change month to month like this. If consumers keep making this choice over a period of years the index will eventually get reweighted, but reweighting only happens once every few years.
(Of course, if you were an official put in charge specifically to cook the books you could just reweight on a monthly basis like you describe, which is something that might well happen now...)
Earlier quoted context omitted.
I'm less concerned with Trump voters (more or less the same people keep voting for him), and more with why ~10 million people didn't vote for his opponent (who had voted for her predecessor). I don't believe it had anything to do with the price of eggs, either. That was presented as the primary reason, and it's so clearly wrong that it makes me suspicious.
https://assets.aseannow.com/forum/uploads/monthly_2024_11/Vo...
[0] - https://en.wikipedia.org/wiki/United_States_presidential_ele...
Earlier quoted context omitted.
Inflation was on its way down in 2024. It has now reversed course and going back up again. This is not a random occurrence.
So nothing to do with interest rates Jerome Powell or any decisions at the fed? Nothing to do with any other spending? Trump has been president for fewer than 9 months.
Interest rates have remained unchanged since January 2025.
