The tidbid they're not talking about are the fact that wages are down .5% https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.ht...
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US inflation jumps to 3.8% as energy costs surge from Iran war
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Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#82I understand it is a complicated calculation but to me personally, inflation feels much more than that. I have been tracking the price of milk. Around 3 months ago, i was getting a gallon of milk at $2.97, then it went up to 3.07, then 3.25. Yesterday I paid 3.40. That's like 15% gain on something as basic as milk. All numbers from the same store.
offical inflation numbers are just LIE and wrongg for decades. Now you see it yourself. Via wrong numbers, they steal trillions
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#83Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#84I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#85Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#86I understand it is a complicated calculation but to me personally, inflation feels much more than that. I have been tracking the price of milk. Around 3 months ago, i was getting a gallon of milk at $2.97, then it went up to 3.07, then 3.25. Yesterday I paid 3.40. That's like 15% gain on something as basic as milk. All numbers from the same store.
The fed tracks this data: https://fred.stlouisfed.org/series/APU0000709112
Example report https://mymarketnews.ams.usda.gov/filerepo/sites/default/fil...
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#87The tidbid they're not talking about are the fact that wages are down .5% https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.ht...
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That's what you call stagnating wages?
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#88Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#89I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…
Your top point is honestly the biggest. Until this year, US military bases were seen as an asset. They were thought to deter attacks, and in the case of someone being crazy enough to attack the country that hosted a US military base, they sold the promise of a quick and decisive response. But for countries in the Middle East, every base was nothing but a liability with nothing but a long list of detriments. The bases…
It was pushed out, by force.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#90Earlier quoted context omitted.
Those are real wages. We would expect to see that during a sudden jump in inflation. Wages tend to lag inflation. The other interesting part in that article is that excluding fuel and food still shows 2.8% inflation - only 1% attributable to food and fuel. Makes it seem like the main article and this article have different spins. Edit: Wow people are jumping on this. The point is that food and fuel increases account…
I think you're misinterpreting that. Everything other than food and fuel went up 2.8%. Everything (including food and fuel) went up 3.8%. Therefore food and fuel went up more than 3.8%.