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Inflation cools even more
Inflation cools even more
By Bruce
13 Jul 2023 1:09 pm in No Holds Barred Political Forum
14 Jul 2023 7:33 am
libtardos suffer from Münchhausen...create the crisis, improve it to within 25% of original and then pat each other on the back pretending they're the heroes...ConsRule » 14 Jul 2023, 6:55 am » wrote: ↑ 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.
“Show me the man and I’ll find you the crime”
LAVRENTIY BERIA
14 Jul 2023 7:53 am
I just put a gaping hole in Bruce's propaganda...Z09 » 14 Jul 2023, 7:30 am » wrote: ↑ And 4 years ago a young couple could afford a new home ...
And the same couple doesn't qualify now...
Thank you Joe Biden...
Just print more $$$
viewtopic.php?f=3&t=78850
npr no doubt...
“Show me the man and I’ll find you the crime”
LAVRENTIY BERIA
14 Jul 2023 8:06 am
Because of my dead angel mother, and bunch of crackerjack school teachers in a little hillbilly school.
My mother taught me a love for current events.
My teachers taught me to read, and not question official sources.
I’m sure my mother read me whatever the inflation numbers were for July 1963, and explained the basket of goods and services.
After I went to school I never quit reading them.
14 Jul 2023 8:09 am
The Dow, S&P 500 and NASDQ have all had nice run-ups over this past week. We'll see if there's a pull-back today. While I like making money, I care a lot more about getting good leadership into the Oval Office and Congress, which is anything BUT Democrats.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.
14 Jul 2023 8:10 am
Since Bill Clinton did finance reform that couple wouldn't have qualified in 1992 either. Evolving is a constant change in total sum to date everything is different forward from here now.Z09 » 14 Jul 2023, 7:30 am » wrote: ↑ And 4 years ago a young couple could afford a new home ...
And the same couple doesn't qualify now...
Thank you Joe Biden...
Just print more $$$
14 Jul 2023 8:13 am
14 Jul 2023 8:21 am
What's the monthly payment on an average priced (now $500,000) home at 7.5%? $3,496.07Z09 » 14 Jul 2023, 7:30 am » wrote: ↑ And 4 years ago a young couple could afford a new home ...
And the same couple doesn't qualify now...
Thank you Joe Biden...
Just print more $$$
14 Jul 2023 8:23 am
$500,000 is average priced?Skans » 14 Jul 2023, 8:21 am » wrote: ↑ What's the monthly payment on an average priced (now $500,000) home at 7.5%? $3,496.07
14 Jul 2023 8:23 am
LOL - lots of luck ever owning a home and a car, you stupid Millennials! How's that global warming and Joe Biden treating ya?Skans » 14 Jul 2023, 8:21 am » wrote: ↑ What's the monthly payment on an average priced (now $500,000) home at 7.5%? $3,496.07
14 Jul 2023 8:25 am
Pretty much, for a 3/2 2500sf home in a place someone actually wants to live, and needs to work to pay the mortgage.
14 Jul 2023 8:34 am
What is the ratio of interest paid and amount goes to principle? is that a variable or fixed rate? what is the duration of the loan? easy math of 8% breaks down to .667% a month goes to interest and simple math 500,000 times .667% is about 3,200 on interest alone maybe 300 A MONTH GOES TO PRINCIPLE BORROWED.Skans » 14 Jul 2023, 8:21 am » wrote: ↑ What's the monthly payment on an average priced (now $500,000) home at 7.5%? $3,496.07
I understand how ruling elites fool the governed 24/7 and how rule of law doesn't tolerate honest soles adapting to the moment civil or otherwise. Instinctive honesty is a death sentence in any court of humanity..
14 Jul 2023 8:39 am
30 year loan, fixed rate of 7.5%, because Millennials have mediocre credit.Nostradamus'omh » 14 Jul 2023, 8:34 am » wrote: ↑ What is the ratio of interest paid and amount goes to principle? is that a variable or fixed rate? what is the duration of the loan?
As for the "ratio of intertest paid and amount goes to principle" - when you learn to ask this question properly, given the time aspect of an amortized loan, I will answer it.
No you don't. You don't have a clue.I understand how ruling elites fool the governed 24/7
F- the rule of law. Or, any "rules" for that matter.and how rule of law doesn't tolerate honest soles
14 Jul 2023 8:47 am
Pride before the downfall is glowing in your vernacular. You still won't use your brain, just all you were trained to mind maybes.Skans » 14 Jul 2023, 8:39 am » wrote: ↑ 30 year loan, fixed rate of 7.5%, because Millennials have mediocre credit.
As for the "ratio of intertest paid and amount goes to principle" - when you learn to ask this question properly, given the time aspect of an amortized loan, I will answer it.
No you don't. You don't have a clue.
F- the rule of law. Or, any "rules" for that matter.
14 Jul 2023 8:49 am
******* can't ask the right question, so he blames me. Just like a woke liberal.Nostradamus'omh » 14 Jul 2023, 8:47 am » wrote: ↑ Pride before the downfall is glowing in your vernacular. You still won't use your brain, just all you were trained to mind maybes.
14 Jul 2023 8:54 am
That explains a lot!Bruce » 14 Jul 2023, 8:06 am » wrote: ↑ My teachers taught me to read, and not question official sources.
Precisely how they indoctrinate good little liberal sheep like you!
14 Jul 2023 8:55 am
BSSkans » 14 Jul 2023, 8:25 am » wrote: ↑ Pretty much, for a 3/2 2500sf home in a place someone actually wants to live, and needs to work to pay the mortgage.
14 Jul 2023 9:03 am
Well, I think you're wrong. You need to look at the following areas and then tell me "BS":
- Dallas Ft. Worth greater metro area
- Atlanta greater metro area
- Dade county, FL
- Hillsborough County, FL
- JAX, FL
- Orlando, FL
- Raleigh NC greater metro area
- Charlotte NC greater metro area
- Nashville TN
- Chattanooga TN
- Knoxville TN
- Charleston, SC
- Columbia, SC
I could go on and on, but these are the places people are moving to for jobs. These are the places companies are moving to and hiring people. If you want to work you will need to be near a city like the ones named above and pay $500K if you want a 2,500 sf house, unless you want to live in the Ghetto.
14 Jul 2023 9:07 am
covid caused a delay in the usa depression. do not focus on the current economic news. all crap. government stimulus due to covid caused market disruptions. your now in for the massive depression. what a ride it will be. finger pointing, with no leadership. wealth swiped out. suicides. and then there is you. no debt. own home. have gardening skills. your own problem is that you feel sorry for the starving people. well do not!!!!! let the greedy bastards starve. as they jump off tall buildings, spit on their dead bodies.
14 Jul 2023 11:20 am
not in the free sunshine stateSkans » 14 Jul 2023, 9:03 am » wrote: ↑ Well, I think you're wrong. You need to look at the following areas and then tell me "BS":You can forget places like LA, NY City, San Francisco, a bunch of other places where you can't even touch a house for under a million.
- Dallas Ft. Worth greater metro area
- Atlanta greater metro area
- Dade county, FL
- Hillsborough County, FL
- JAX, FL
- Orlando, FL
- Raleigh NC greater metro area
- Charlotte NC greater metro area
- Nashville TN
- Chattanooga TN
- Knoxville TN
- Charleston, SC
- Columbia, SC
I could go on and on, but these are the places people are moving to for jobs. These are the places companies are moving to and hiring people. If you want to work you will need to be near a city like the ones named above and pay $500K if you want a 2,500 sf house, unless you want to live in the Ghetto.
Miami 515,000 outlier
orlando 390,900
jax 302,000
Tampa 441,000
14 Jul 2023 12:04 pm
Will couldn't spell "lose", either?
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