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US Wholesale Inflation Rises by Most in 3 Years

bloomberg.com

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Re: US Wholesale Inflation Rises by Most in 3 Years

#351

Post by dchftcs »

abtinf wrote: post #203
Havoc wrote: post #36

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

Gold. The purchasing power of Gold has been remarkably consistent over the long term. That is, if you convert the gold to dollars, how many eggs could you buy? To learn more, read up on the work of Keith Weiner of Monetary Metals, or listen to the early episodes of his podcast “The Gold Exchange”.

The price of gold is not immediately responsive to goods inflation, it can be lagging or leading and the correlation can also fluctuate. Long term it's been good at tracking money supply but short term it doesn't necessarily give you a timely signal.

Re: US Wholesale Inflation Rises by Most in 3 Years

#352

Post by jalapenos »

troyvit wrote: post #342
projectazorian wrote: post #335

Earlier quoted context omitted.

The problem the admin has is that economists at the BLS by and large aren't scared of getting fired. That work experience is gold in the private sector - most of them can easily get a job in finance and 3x-4x their comp.

I'm not being sarcastic when I say it probably looks great on an economist's resume to say they were fired by the Trump admin.

You'd just open the interview with that - go straight to salary neg

Re: US Wholesale Inflation Rises by Most in 3 Years

#353

Post by [deleted] »

enraged_camel wrote: post #340
monkeyelite wrote: post #337

Earlier quoted context omitted.

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.

Tariffs went into effect ~4 months ago. 2 months after that, inflation started to pick up. Interest rates have remained unchanged since January 2025.

[deleted]

Re: US Wholesale Inflation Rises by Most in 3 Years

#354

Post by dchftcs »

AtlasBarfed wrote: post #346
_DeadFred_ wrote: post #294

Earlier quoted context omitted.

One is selling off our national parks/forests, removing protections for marine sanctuaries, but you essentially have no party?

The Democrats have functionally done nothing about global warming in the last thirty years except released even more CO2 in hot air paying lip service Yes, one is worse than the other. But in terms of real environmental policy, they are functionally the same.

Democrats brought EV credits and renewable energy subsidies, this government ended them.

Re: US Wholesale Inflation Rises by Most in 3 Years

#355

Post by skirmish »

ivape wrote: post #323
churchill wrote: post #319

Earlier quoted context omitted.

Since I'm holding onto half the odds, it's closer to 50%. but, since I'm motivated to stay alive, your chances probably look worse.

Fighting amongst ourselves when we should be shaming the mayonnaise and baloney sandwich over-pricers. That’s the problem with the petite bourgeois and proletariat.

Shaming is so effective, the sellers' faces will turn red with shame, and they will immediately drop prices by 2/3 at least. Hah, hah, no, they won't. Of course, they will overprice when you have no other options.

Re: US Wholesale Inflation Rises by Most in 3 Years

#356

Post by monkeyelite »

enraged_camel wrote: post #340
monkeyelite wrote: post #337

Earlier quoted context omitted.

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.

Tariffs went into effect ~4 months ago. 2 months after that, inflation started to pick up. Interest rates have remained unchanged since January 2025.

100% the cause

Re: US Wholesale Inflation Rises by Most in 3 Years

#357

Post by skirmish »

myrmidon wrote: post #286
marknutter wrote: post #277

Earlier quoted context omitted.

McDonald's was never sourcing chicken for their chicken nuggets from outside the country.

Yeah, but that does not really matter; everyone else that imported meat (or feed ) now competes for McDonalds suppliers, which means higher prices. You can also expect to pay more for labor itself, because every bit of industry that you bring back (or scale up, at least) with tariffs competes with the essentially fixed labor pool, and there was not a lot of slack (unemployment) to start with.

Fast food prices jump a lot whenever minimum wages increase. I am convinced this is a major contributor to McDonald's price rise.

Re: US Wholesale Inflation Rises by Most in 3 Years

#358

Post by lovich »

epistasis wrote: post #79
elzbardico wrote: post #58

Earlier quoted context omitted.

[flagged]

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!

He is just lying. His edit shows that he isn’t actually focused on both sides but is trying to muddy the waters to blame specifically democrats.

He couldn’t even keep the mask on for two statements

Re: US Wholesale Inflation Rises by Most in 3 Years

#359

Post by lovich »

AtlasBarfed wrote: post #346
_DeadFred_ wrote: post #294

Earlier quoted context omitted.

One is selling off our national parks/forests, removing protections for marine sanctuaries, but you essentially have no party?

The Democrats have functionally done nothing about global warming in the last thirty years except released even more CO2 in hot air paying lip service Yes, one is worse than the other. But in terms of real environmental policy, they are functionally the same.

They’ve functionally done a fuck ton while not knee capping the economy at the same time. The IRA injected a massive amount of funds into environmentally friendly technology and infrastructure. Half my street put up solar in the past 2 years because of these subsidies.

The state of California passed the 2/3rds powered by renewables mark https://www.gov.ca.gov/2025/07/14/in-historic-first-californ...

The Republicans are looking at bringing back coal mining. You’re just completely incorrect in your classification of both parties being as bad on the environment unless your bucket is so broad as to be meaningless for use in comparing two organizations

Re: US Wholesale Inflation Rises by Most in 3 Years

#360

Post by lovich »

jjk166 wrote: post #321
kevin_thibedeau wrote: post #45

Earlier quoted context omitted.

Gasoline prices are not higher. Above $4 was commonplace across the country 20 years ago. Now that only exists in high tax states and large metros. Gas is cheap in the US.

20 years ago (ie mid 2000s) was a unique time of extremely high gas prices with 2008 being the all time high both adjusted for inflation and absolute. Adjusted for inflation, oil is currently higher than any point between 1990 and 2004, and in absolute terms since 2022 its been higher than any point outside of the 2006-2014 period.

It’s really not https://fred.stlouisfed.org/series/APU000074714

This is only the nominal price, I can’t find the inflation adjusted graph, but I assume it’s clear that if the nominal price now is the same as several other periods over 10 years ago, then the gas today is cheaper over inflation adjusted dollar

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