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
#2The 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...
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#3Should have been jumps BY 3.8%
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#4A completely unnecessary war that benefits no one other than Israel and harms the rest of the world. The only positive to come from this is the annihilation of US military assets in the Middle East and an even deeper unity of the world against Zionism. It’s tough times but we will ultimately defeat this heinous ideology.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#5Should have been jumps BY 3.8%
No, it’s saying inflation increased from 3.3% to 3.8%, the article is correct.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#6A completely unnecessary war that benefits no one other than Israel and harms the rest of the world. The only positive to come from this is the annihilation of US military assets in the Middle East and an even deeper unity of the world against Zionism. It’s tough times but we will ultimately defeat this heinous ideology.
There was a time when USA guaranteed the safe passage of shipping, which helped secure a peaceful world order, apparently. I view this as a continuation of that legacy, but admit I only have 1-2 books supporting this view.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#7energy pricing is complex. some food for thought:
if everyone believes the straight of hormuz is open, even if it is not, even if 20% less oil is being moved globally, what happens to oil prices? what happens to oil deliveries?
is it possible for oil to be cheap in America while Bangladesh experiences shortages, instead of everyone paying more?
is oil the same as energy? or is it more relevant to transportation?
does it matter? suburban life is quite comfortable, a LOT of people keep choosing big single family home with yard, drive everywhere. driving everywhere is VERY comfortable. a lot of people like it. are they willing to pay more for it? does buying a house that is MUCH cheaper by virtue of being far away from a city stop making sense for 250m americans just because gas is 50% more expensive?
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#8A completely unnecessary war that benefits no one other than Israel and harms the rest of the world. The only positive to come from this is the annihilation of US military assets in the Middle East and an even deeper unity of the world against Zionism. It’s tough times but we will ultimately defeat this heinous ideology.
>benefits no one
isn't correct. There are plenty of people on HN working in military contract industries, high tech arms manufacturing and such. They lobby Gov and benefit financially as do their employees.
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#9now imagine this going on through January 2029 if Dems don't win the Senate too
because it took YEARS for Obama's team to get them to sign something
and he's already used up half of US war stockpiles
Iran's dictators will eat and sleep just fine for years while their people starve and get bombed to death
click on YTD here and imagine that flat-line for YEARS
https://en.macromicro.me/charts/94482/imf-strait-of-hormuz-n...
Re: US inflation jumps to 3.8% as energy costs surge from Iran war
#10energy pricing is complex. some food for thought: if everyone believes the straight of hormuz is open, even if it is not, even if 20% less oil is being moved globally, what happens to oil prices? what happens to oil deliveries? is it possible for oil to be cheap in America while Bangladesh experiences shortages, instead of everyone paying more? is oil the same as energy? or is it more relevant to transportation? does…
i live in the suburbs and gas could 2x, 3x in price and my wallet wouldn't notice. i fill up a couple times a month.