Inflation numbers due in 1 minute

[HJCane]

Expectations for month .08% annually 7.9%

Number came in at 6.4% minus food and energy and 7.9% total so inline
February .08% energy up 3.5% and food 1% housing up .05%
Gas February up 6.6% WAIT TILL MARCH REPORT ! WOW

Shelter (housing) food, energy the 3 biggest contribiutors/

We are at a 40 year high for inflation and with the situation unfolding it's about to get MUCH worse.

 

[NO.SHORECANE]

Diesel over $5.00 per gallon first time ever. Will raise prices on everything brought by truck.

 

[Allied2651]

Jimmy Carter all over again once the interest rates start going up . Get prepared to lock in those Treasuries and CD's when you think it's high.

 

[ddimaggio]

Fck Brandon
There are millions of retired baby boomers
Like me
We don’t give a shyt about how wages are increasing
I never hear anything about retired folks , fixed income people. The SS adjustment is a joke .
$75 a month ?
Can’t fill up my tank with that !

We are retiring on 1990 dollars, not making 2022 dollars
The morons in charge don’t care
They are too interested in redistribution of wealth
Fck em

 

[NO.SHORECANE]

Expectations for month .08% annually 7.9%

Number came in at 6.4% minus food and energy and 7.9% total so inline
February .08% energy up 3.5% and food 1% housing up .05%
Gas February up 6.6% WAIT TILL MARCH REPORT ! WOW

Shelter (housing) food, energy the 3 biggest contribiutoWait until next month.rs/

We are at a 40 year high for inflation and with the situation unfolding it's about to get MUCH worse.

Wait until next month CPI.

 

[central17]

These horrible numbers do not yet factor in the Russia-Ukraine invasion. Double digit inflation is a real possibility next month.

 

[ddimaggio]

#blamebrandon
Not Putin

 

[mahb]

Jimmy Carter all over again once the interest rates start going up . Get prepared to lock in those Treasuries and CD's when you think it's high.

Think about THIS,,,,,,,,,,,,,, by the time Brandon leaves and disappears into an ALF we will be WISHING we had Jimmy Peanut Carter. Brandon isn't 1/2 the President Carter was, and Carter was a Compleat Failure

 

[lyndiola]

I'm surprised CD and Cems haven't weighed in on this

 

[NO.SHORECANE]

Inflation has been over 10% for the last two months if you separate them from the year.

 

[JCR Cane]

I'm surprised CD and Cems haven't weighed in on this

To busy watching Heels Up's presser with the President of Poland.....

 

[NO.SHORECANE]

She was great as usual with inappropriate cackling. Embarrassment to our country.

 

[central17]

To busy watching Heels Up's presser with the President of Poland.....

"A friend in need is a friend indeed"
national embarassment.

 

[El Cubano]

She was great as usual with inappropriate cackling. Embarrassment to our country.

She’s an idiot her public speaking is like a high schooler ..
She must of swallowed a lot to have gotten where she is today…

 

[ddimaggio]

Cuntala at her best .
Cackling, moronic comments,

Russia is a big country, Ukraine is a small country
The big country invaded the small country
Really this idiot is one heart beat away ( an ancient heart beat at that ) from the Presidency?
God help us

 

[Kinggeorge3]

Surprised it was that high since Buttigieg said supple chain problems are under control about a month ago.

 

[HJCane]

"A friend in need is a friend indeed"
national embarassment.

INSANITY!

 

[grbcane]

 

[HJCane]

Inflation has been over 10% for the last two months if you separate them from the year.

Strip out energy 6.5% is that Putin? Is he causing the increase in Peanut Butter?

 

[central17]

Fck Brandon
There are millions of retired baby boomers
Like me
We don’t give a shyt about how wages are increasing
I never hear anything about retired folks , fixed income people. The SS adjustment is a joke .
$75 a month ?
Can’t fill up my tank with that !

We are retiring on 1990 dollars, not making 2022 dollars
The morons in charge don’t care
They are too interested in redistribution of wealth
Fck em

But do you think the Republicans have the courage to make tying Social Security increases to inflation. I know Mitch McConnell would poop a furry animal over the idea of increasing SS, but when you look at the stupid dollars we spend on illegal aliens, wasteful education studies, $86B in military gifts to the Taliban and a litany of other progressive interest group garbage, why not draw a distinction. Repbullcans should say they will protect old people that worked and paid in more money from disastrous Bidenomics. Also commit to drill for oil, close the border and stop the stupid spending. I bet Grandma votes herself a raise over funding a CRT trainer, no less writing off their student loan.

 

[NO.SHORECANE]

She was great as usual with inappropriate cackling. Embarrassment to our country.

Ukraine's former Presidential Press Secretary-" It would be a tragedy if Harris became President".

 

[HJCane]

But do you think the Republicans have the courage to make tying Social Security increases to inflation. I know Mitch McConnell would poop a furry animal over the idea of increasing SS, but when you look at the stupid dollars we spend on illegal aliens, wasteful education studies, $86B in military gifts to the Taliban and a litany of other progressive interest group garbage, why not draw a distinction. Repbullcans should say they will protect old people that worked and paid in more money from disastrous Bidenomics. Also commit to drill for oil, close the border and stop the stupid spending. I bet Grandma votes herself a raise over funding a CRT trainer, no less writing off their student loan.

central they already are tied to CPI average for the year. This year COLA increases were 5.5% for Social Security. Of course Medicaire premiums also rose so that cuts into the increase.

 

[central17]

central they already are tied to CPI average for the year. This year COLA increases were 5.5% for Social Security. Of course Medicaire premiums also rose so that cuts into the increase.

HJ,
Have a Ma in La on SS, I can say real world, the increases don't even come close to reality. The government increase formula's leave out and underweight a number of factors that affect life. Especially gas and food. Last month studies showed Bidenomics costs each US household $369 per month. That is not being made up by the 2022 increases.

 

[miamimike]

Expectations for month .08% annually 7.9%

Number came in at 6.4% minus food and energy and 7.9% total so inline
February .08% energy up 3.5% and food 1% housing up .05%
Gas February up 6.6% WAIT TILL MARCH REPORT ! WOW

Shelter (housing) food, energy the 3 biggest contribiutors/

We are at a 40 year high for inflation and with the situation unfolding it's about to get MUCH worse.

So if Biden policies are the cause of our inflation, what is the cause of record-setting global inflation? Inflation by definition is caused by a demand/supply imbalance. Would it not make sense that rising global inflation rates are being caused by supply shortages?

 

[HJCane]

HJ,
Have a Ma in La on SS, I can say real world, the increases don't even come close to reality. The government increase formula's leave out and underweight a number of factors that affect life. Especially gas and food. Last month studies showed Bidenomics costs each US household $369 per month. That is not being made up by the 2022 increases.

Of course they don't and Medicaire premiums rising eat into any increase.

 

[central17]

HJ,
You are also missing a larger point of my post, of how much federal funding goes towards progressive wet dreams such as green energy and social engineering. They are not paying for grandma's groceries. These programs are guaranteeing government connected "non profits - LOL" with $B contracts that pay their execs millions of our tax dollars to produce and teach Progressive propoganda. These give aways are put into warm and fuzzy programs names like "educating poor children". But the kids don't get a new computer, the Board of Directors of the CRT company get six and seven figure bonuses.

 

[HJCane]

HJ,
You are also missing a larger point of my post, of how much federal funding goes towards progressive wet dreams such as green energy and social engineering. They are not paying for grandma's groceries. These programs are guaranteeing government connected "non profits - LOL" with $B contracts that pay their execs millions of our tax dollars to produce and teach Progressive propoganda. These give aways are put into warm and fuzzy programs names like "educating poor children". But the kids don't get a new computer, the Board of Directors of the CRT company get six and seven figure bonuses.

Ok that's true but unrelated to Social Security buddy

 

[ddimaggio]

So if you get $2000 a month in SS , the Inflation adjustment ( COLA) is 5% , so you get an additional $$100, figure an additional 5% increase in SS , so you net $90 .
You have a 20 Gallon gas tank , you pay $5 a gallon premium fill up - you down $10
Whoopee doo
All the rest of your assets are losing value ,
You are not employable ( too old and infirm, me lol )
You are fcked
#blamebrandon , # cuntalaisamoron,

 

[lyndiola]

So if Biden policies are the cause of our inflation, what is the cause of record-setting global inflation? Inflation by definition is caused by a demand/supply imbalance. Would it not make sense that rising global inflation rates are being caused by supply shortages?

We've been through this multiple times. Simply put, as the biggest world economies go, so goes the rest of the world.

 

[miamimike]

We've been through this multiple times. Simply put, as the biggest world economies go, so goes the rest of the world.

You're right we've been through this multiple times. The pandemic disrupted global supply chains and supply has yet to catch up with demand. Biden policies did not cause global inflation. It is a demand/supply imbalance as it always is. That is the definition of inflation.

 

[ddimaggio]

You're right we've been through this multiple times. The pandemic disrupted global supply chains and supply has yet to catch up with demand. Biden policies did not cause global inflation. It is a demand/supply imbalance as it always is. That is the definition of inflation.

The ridiculous spending , including extended unemployment, two stimulus checks ( including payments to imprisoned terrorists $ and other no essential payments generated increased spending ( demand ) with devalued dollars, was responsible for much of the increase
Read Rattners thoughts on this . Steve may just be the democrats brightest mind on economic real world issues . He was Obama’s go to guy.
This is just another excuse . First it was temporary, then a supply chain issue , now it’s Russia.
#blamebrandon , #cuntalaisamoron

 

[central17]

Ok that's true but unrelated to Social Security buddy

Hence my point. The Republicans should be the party of any give aways go directly to the citizens. Not the billions that go to special interest groups under fuzzy bill names like "feed the poor", "education for the disadvantaged" etc.. Would rather see a million Americans receive $1,000, then a single well connected DC swamp creature/group receive $1B.

 

[central17]

Fully expect democrats to begin running "Republicans want to take away your Social Security" adds this summer. As fraudulent and stupid as they are, they have proven to have a double digit effectiveness with SS recipients.

They will just put Kevin McCarthy in the place of Paul Ryan. Please watch the 40 second video, it is funny. And Nancy will be repeating it.

 

[NO.SHORECANE]

The ridiculous spending , including extended unemployment, two stimulus checks ( including payments to imprisoned terrorists $ and other no essential payments generated increased spending ( demand ) with devalued dollars, was responsible for much of the increase
Read Rattners thoughts on this . Steve may just be the democrats brightest mind on economic real world issues . He was Obama’s go to guy.
This is just another excuse . First it was temporary, then a supply chain issue , now it’s Russia.
#blamebrandon , #cuntalaisamoron

This. Facts not fantasy.

 

[miamimike]

The ridiculous spending , including extended unemployment, two stimulus checks ( including payments to imprisoned terrorists $ and other no essential payments generated increased spending ( demand ) with devalued dollars, was responsible for much of the increase
Read Rattners thoughts on this . Steve may just be the democrats brightest mind on economic real world issues . He was Obama’s go to guy.
This is just another excuse . First it was temporary, then a supply chain issue , now it’s Russia.
#blamebrandon , #cuntalaisamoron

Everything you've just mentioned has nothing to do with rising GLOBAL inflation rates! If you would take time to do the research, you would learn that rising inflation rates are a concern for every developed economy in the world.

 

[central17]

Everything you've just mentioned has nothing to do with rising GLOBAL inflation rates! If you would take time to do the research, you would learn that rising inflation rates are a concern for every developed economy in the world.

Mike,
Have said it many times, but you don't seem to get it. So I'll write it Kamala Harris style:

The US is the worlds largest economy. If the US has inflation it will likely cause inflation in smaller countries like Bolivia & Bulgaria. Inflation in Bulgaria & Bolivia do not create inflation in the US.

 

[miamimike]

Mike,
Have said it many times, but you don't seem to get it. So I'll write it Kamala Harris style:

The US is the worlds largest economy. If the US has inflation it will likely cause inflation in smaller countires like Bolivia & Bulgaria. Inflation in Bulgaria & Bolivia do not create inflation in the US.

Have said it many times but you don't seem to get it. Rising inflation is a concern for every developed economy in the world. Inflation, by definition, is a demand/supply imbalance. Inflation is not specific to the U.S. and Biden policies. The pandemic caused supply chain disruptions globally and is the reason for current rising inflation rates worldwide.

 

[lyndiola]

You're right we've been through this multiple times. The pandemic disrupted global supply chains and supply has yet to catch up with demand. Biden policies did not cause global inflation. It is a demand/supply imbalance as it always is. That is the definition of inflation.

You just can't blow through that many trillions of dollars without paying the piper and in this case the piper is inflation. The vast majority of top economists have this opinion

 

[HJCane]

So if Biden policies are the cause of our inflation, what is the cause of record-setting global inflation? Inflation by definition is caused by a demand/supply imbalance. Would it not make sense that rising global inflation rates are being caused by supply shortages?

You back with this nonsense again? We have the largest economy in the world. Bad policies here and the rest follow suit.

 

[HJCane]

Have said it many times but you don't seem to get it. Rising inflation is a concern for every developed economy in the world. Inflation, by definition, is a demand/supply imbalance. Inflation is not specific to the U.S. and Biden policies. The pandemic caused supply chain disruptions globally and is the reason for current rising inflation rates worldwide.

Incorrect. In this case inflation is directly attributable to a 4 trillion $ increase in USA money supply. Low interest rates near zero, and pumping RECORD amounts of money into the public has led to this. If anything this inflationary period is more DEMAND driven then supply driven. Supplies simply can not keep up with the demand because we pumped out too many dollars.