Inflation cools even more

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By Bruce
13 Jul 2023 1:09 pm in No Holds Barred Political Forum
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Bruce
13 Jul 2023 1:09 pm
13 Jul 2023 1:09 pm
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The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States.

 The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting an increase of 0.2%. The PPI climbed 0.1% when excluding food, energy and trade services, which was in line with expectations.

 The producer report comes a day after the consumer price index for June showed a smaller-than-expected increase. The CPI rose just 3% year over year, its lowest level since March 2021, bolstering hopes for investors that the Federal Reserve is near the end of its rate-hiking cycle.

 The wholesale producer numbers have declined faster than the consumer inflation data. In May, the headline PPI number actually fell 0.4%, and was unchanged when excluding food, energy and trade services.

——

If month by month inflation keeps falling, Uncle Joe can invite Hunter to blow coke in the White House and nobody will care.

MAGA only exists in the swamp of despair.

Unless there’s a recession Trump (or any other Republican) is going to loose in November 2024, and there isn’t anything they can do to stop it.

People are selfish. They vote their pocketbooks.
 
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Warcok
13 Jul 2023 1:26 pm
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sooted up Cyndi
13 Jul 2023 1:29 pm
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Bruce » 13 Jul 2023, 1:09 pm » wrote: The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States.

 The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting an increase of 0.2%. The PPI climbed 0.1% when excluding food, energy and trade services, which was in line with expectations.

 The producer report comes a day after the consumer price index for June showed a smaller-than-expected increase. The CPI rose just 3% year over year, its lowest level since March 2021, bolstering hopes for investors that the Federal Reserve is near the end of its rate-hiking cycle.

 The wholesale producer numbers have declined faster than the consumer inflation data. In May, the headline PPI number actually fell 0.4%, and was unchanged when excluding food, energy and trade services.

——

If month by month inflation keeps falling, Uncle Joe can invite Hunter to blow coke in the White House and nobody will care.

MAGA only exists in the swamp of despair.

Unless there’s a recession Trump (or any other Republican) is going to loose in November 2024, and there isn’t anything they can do to stop it.

People are selfish. They vote their pocketbooks.
Heres what's wrong with your theory. You believe the stats being released!  gubmint says. Oh i believe them. Hoot! Image   Image   Image  most honest folks on the planet. Giggle.
 
 
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Bruce
13 Jul 2023 1:43 pm
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sootedupCyndi » 13 Jul 2023, 1:29 pm » wrote: Heres what's wrong with your theory. You believe the stats being released!  gubmint says. Oh i believe them. Hoot! Image   Image   Image  most honest folks on the planet. Giggle.
The side the stats hurt has rejected the stats all my life.

And they’ve kept on keeping those stats the same way, all my life.

There are minor updates.  They don’t monitor television and radio repair prices anymore because there isn’t any.

But even though he’s ancient and his son is a coke head, Uncle Joe is the incumbent.

He’ll have four years of his photo in every federal building in the country, four years of kids graduating, and four years of old people dying, to help him win another term.

I’m one of those 81 million that voted against Trump in 2020.

A good economy means even more than 81 million will vote for old Uncle Joe in 2024.


It’s not fair.  It’s life.

 
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sooted up Cyndi
13 Jul 2023 1:53 pm
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Bruce » 13 Jul 2023, 1:43 pm » wrote: The side the stats hurt has rejected the stats all my life.

And they’ve kept on keeping those stats the same way, all my life.

There are minor updates.  They don’t monitor television and radio repair prices anymore because there isn’t any.

But even though he’s ancient and his son is a coke head, Uncle Joe is the incumbent.

He’ll have four years of his photo in every federal building in the country, four years of kids graduating, and four years of old people dying, to help him win another term.

I’m one of those 81 million that voted against Trump in 2020.

A good economy means even more than 81 million will vote for old Uncle Joe in 2024.

It’s not fair.  It’s life.
85 percent now think the country is headed in the wrong way...LOL its over!
sorry. Americans finances are speaking. not the fake news.  :rofl:  
 
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Bruce
13 Jul 2023 2:44 pm
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 sootedupCyndi
85 percent now think the country is headed in the wrong way...LOL its over!
sorry. Americans finances are speaking. not the fake news.  Image
Campaign season is one year from now.

A recession could change it, but in July 2024, Biden can have the same lock on the electoral college Eisenhower did in 1956 and Reagan in 1984 and Clinton in 1996.

I voted for Bob Dole, realizing he would loose beyond any doubt.

Next year, in Tennessee, America’s long legged sweetheart Taylor Swift (who owns the Country Hall of Fame) and Willie Nelson who owns the Grand Ole Opry and WSM  (if Willie is still with us) will just blanket Tennessee with pro Biden concerts and broadcasts.

Trump may win Tennessee, probably will win it, at great cost.  They’ll have to run ads about Hunter Biden and using the wrong rest room and such. Those cost money.

My ancestors flat out won the Civil War.

But they won it because there were way more of us than them.

The biggest reason incumbents win massively during good times is more of us come out to vote.

I’ve known since I was a kid, more people are decent and good, than nasty and bad.

The key is getting them to sort of attend church and vote, you know?

I want to see Taylor Swift’s Country Hall of Fame.

Maybe next 4th of July, in Nashville.

My great grandfathers beat Nathaniel Bedford Forrest there, and I’d like to tour those spots, too.

https://youtu.be/hbcljSf0Vq0

 
 
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Deezer Shoove
13 Jul 2023 4:14 pm
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Bruce » 13 Jul 2023, 1:43 pm » wrote: The side the stats hurt has rejected the stats all my life.

And they’ve kept on keeping those stats the same way, all my life.

There are minor updates.  They don’t monitor television and radio repair prices anymore because there isn’t any.

But even though he’s ancient and his son is a coke head, Uncle Joe is the incumbent.

He’ll have four years of his photo in every federal building in the country, four years of kids graduating, and four years of old people dying, to help him win another term.

I’m one of those 81 million that voted against Trump in 2020.

A good economy means even more than 81 million will vote for old Uncle Joe in 2024.

It’s not fair.  It’s life.
You are Will Franklin.
Please seat yourself.

Image

I like the very things you hate.
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Bruce
13 Jul 2023 5:20 pm
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Z09 » 13 Jul 2023, 4:52 pm » wrote: So inflation cooled off?

Have you check interest rates for homes recently?
Interest rates for homes ticked up today.

That’s bad, for Uncle Joe.

But inflation is on a persistent downward trajectory to 2%.  

That means by July next year, there’s massive refinancing as rates fall.  Reagan benefited so much from such things in 1984 Walter Mondale had to wait up to see if he won his home state, or Reagan would have literally cleaned the table.

And like Reagan Uncle Joe is shoveling money towards the military till who flung the chung.

Should Uncle Joe win in Ukraine by next 4th of July AND a booming economy he then might clean the table.

Reagan fought the Cold War.

Who won?











 
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righteous
13 Jul 2023 9:49 pm
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Bruce » 13 Jul 2023, 1:09 pm » wrote: The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States.

 The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting an increase of 0.2%. The PPI climbed 0.1% when excluding food, energy and trade services, which was in line with expectations.

 The producer report comes a day after the consumer price index for June showed a smaller-than-expected increase. The CPI rose just 3% year over year, its lowest level since March 2021, bolstering hopes for investors that the Federal Reserve is near the end of its rate-hiking cycle.

 The wholesale producer numbers have declined faster than the consumer inflation data. In May, the headline PPI number actually fell 0.4%, and was unchanged when excluding food, energy and trade services.

——

If month by month inflation keeps falling, Uncle Joe can invite Hunter to blow coke in the White House and nobody will care.

MAGA only exists in the swamp of despair.

Unless there’s a recession Trump (or any other Republican) is going to loose in November 2024, and there isn’t anything they can do to stop it.

People are selfish. They vote their pocketbooks.
IS THIS A JOKE, FRUITY BRUCE?
TRYING TO DOWNPLAY THE DESTRUCTIVE ECONOMIC POLICIES OF THE BIDEN CRIME ORGANIZATION 
REPUBLICANS WILL LOOSE AGAIN BY THE LEFTIST POISONED ELECTORAL PROCESS
 
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righteous
13 Jul 2023 9:54 pm
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Bruce » 13 Jul 2023, 5:20 pm » wrote: Interest rates for homes ticked up today.

That’s bad, for Uncle Joe.

But inflation is on a persistent downward trajectory to 2%.  

That means by July next year, there’s massive refinancing as rates fall.  Reagan benefited so much from such things in 1984 Walter Mondale had to wait up to see if he won his home state, or Reagan would have literally cleaned the table.

And like Reagan Uncle Joe is shoveling money towards the military till who flung the chung.

Should Uncle Joe win in Ukraine by next 4th of July AND a booming economy he then might clean the table.

Reagan fought the Cold War.

Who won?
WHAT ARE YOU SMOKING, FRUITY BRUCE?
CATEPILLAR?
 
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walkingstick
14 Jul 2023 3:21 am
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only an imbecilic uses government numbers for long term planing. fact: monopolies control prices. monopolies want bigger earnings. as job market shrinks, due to automation, less consumers mean need to increase prices by monopolies. look at soylent green. artificial shortage. surplus dead bodies. people demand what is a monopoly surplus. future is happening fast!!!! homeless up 18% in 2022. and look at the increase in prices. so what does the government propaganda machine do? focuses on short term drop in some prices, rather than the monopoly problem. massive growth of homelessness. and how to redistribute automation profits to society.
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michaelf
14 Jul 2023 4:21 am
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Bruce » 13 Jul 2023, 5:20 pm » wrote: Interest rates for homes ticked up today.

That’s bad, for Uncle Joe.

But inflation is on a persistent downward trajectory to 2%.  

That means by July next year, there’s massive refinancing as rates fall.  Reagan benefited so much from such things in 1984 Walter Mondale had to wait up to see if he won his home state, or Reagan would have literally cleaned the table.

And like Reagan Uncle Joe is shoveling money towards the military till who flung the chung.

Should Uncle Joe win in Ukraine by next 4th of July AND a booming economy he then might clean the table.

Reagan fought the Cold War.

Who won?

Win in Ukraine? Is that supposed to be a joke? Why doesn't he print a bunch of money and just light it on fire? Or maybe just deposit it straight into the family   bank accounts?  If Biden talks nice to Putin maybe he'll keep this up a little longer. Looks like a hell of a racket.
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RebelGator
14 Jul 2023 4:46 am
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Bruce » 13 Jul 2023, 1:43 pm » wrote:

I’m one of those 81 million that voted against Trump in 2020.


 
That's a lot if scum, it's a wonder America is still functioning.....oops, my bad, it isn't functioning at all.
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ConsRule
14 Jul 2023 6:55 am
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Bruce » 13 Jul 2023, 1:09 pm » wrote: The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States.

 The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting an increase of 0.2%. The PPI climbed 0.1% when excluding food, energy and trade services, which was in line with expectations.

 The producer report comes a day after the consumer price index for June showed a smaller-than-expected increase. The CPI rose just 3% year over year, its lowest level since March 2021, bolstering hopes for investors that the Federal Reserve is near the end of its rate-hiking cycle.

 The wholesale producer numbers have declined faster than the consumer inflation data. In May, the headline PPI number actually fell 0.4%, and was unchanged when excluding food, energy and trade services.

——

If month by month inflation keeps falling, Uncle Joe can invite Hunter to blow coke in the White House and nobody will care.

MAGA only exists in the swamp of despair.

Unless there’s a recession Trump (or any other Republican) is going to loose in November 2024, and there isn’t anything they can do to stop it.

People are selfish. They vote their pocketbooks.
Let's see if I understand what you're saying.  After 14+ months of year over year Bidenflation at the highest rates in 40 years, having 3% year over year Bidenflation is an accomplishment?  Is your liberal talking point really going to be "Forget that our policies caused prices last year to increase more than they had in a generation, when we compare current prices to those extremely inflated prices, the increase isn't that bad."?

When compared to 2020, the dollar today will purchase 85% of what it purchased then.
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Squatchman
14 Jul 2023 7:10 am
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And a lot of people vote with their wallet.
Inflation down,jobs up, Biden wins.
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Bob
14 Jul 2023 7:17 am
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Bruce » 13 Jul 2023, 1:09 pm » wrote: The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States.

 The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting an increase of 0.2%. The PPI climbed 0.1% when excluding food, energy and trade services, which was in line with expectations.

 The producer report comes a day after the consumer price index for June showed a smaller-than-expected increase. The CPI rose just 3% year over year, its lowest level since March 2021, bolstering hopes for investors that the Federal Reserve is near the end of its rate-hiking cycle.

 The wholesale producer numbers have declined faster than the consumer inflation data. In May, the headline PPI number actually fell 0.4%, and was unchanged when excluding food, energy and trade services.

——

If month by month inflation keeps falling, Uncle Joe can invite Hunter to blow coke in the White House and nobody will care.

MAGA only exists in the swamp of despair.

Unless there’s a recession Trump (or any other Republican) is going to loose in November 2024, and there isn’t anything they can do to stop it.

People are selfish. They vote their pocketbooks.
  Dollar store products are up 25% and they have new products that cost 50% to 100% more however products at other stores have dabbled and tripled.  People are saying that social security cost of living may only increase by 3% because of said claimed low inflation.  A 3% cost of living increase may possibly happen and that's the way you and the democrats have been negotiating contracts for the people. Democrats said that $600.00 was more than enough after shutting down thousands of small business, Trump republicans negotiated for $2000.00.

  Wonderful representation for favored corporation groups, little or no representation for the individual citizen, just take your hokey experimental medical treatments and limp down the open road as you promote WWIII.
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ROG62
14 Jul 2023 7:24 am
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“Show me the man and I’ll find you the crime” LAVRENTIY BERIA
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ROG62
14 Jul 2023 7:25 am
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sootedupCyndi » 13 Jul 2023, 1:29 pm » wrote: Heres what's wrong with your theory. You believe the stats being released!  gubmint says. Oh i believe them. Hoot! Image   Image   Image  most honest folks on the planet. Giggle.
Image 
“Show me the man and I’ll find you the crime” LAVRENTIY BERIA
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ROG62
14 Jul 2023 7:26 am
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Bruce » 13 Jul 2023, 1:43 pm » wrote: The side the stats hurt has rejected the stats all my life.

And they’ve kept on keeping those stats the same way, all my life.

There are minor updates.  They don’t monitor television and radio repair prices anymore because there isn’t any.

But even though he’s ancient and his son is a coke head, Uncle Joe is the incumbent.

He’ll have four years of his photo in every federal building in the country, four years of kids graduating, and four years of old people dying, to help him win another term.

I’m one of those 81 million that voted against Trump in 2020.

A good economy means even more than 81 million will vote for old Uncle Joe in 2024.

It’s not fair.  It’s life.
why are you such a sap, bruce?
 
“Show me the man and I’ll find you the crime” LAVRENTIY BERIA
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ROG62
14 Jul 2023 7:28 am
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Z09 » 13 Jul 2023, 4:52 pm » wrote: So inflation cooled off?

Have you check interest rates for homes recently?
yep, just hit 7pts 30 yr...
 
“Show me the man and I’ll find you the crime” LAVRENTIY BERIA
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