*Huey » Today, 10:03 am » wrote: ↑1. THat is not vague at all.
2. Is Inflation higher or lower than Jun 2021?
If you prove it is lower you will then show I don't know ****. If you can't, it proves you are an asshole.
Answer the first time.
This is INDISPUTABLY vague.And there are a whole host of items that are killing the middle class.
It is much lower.2. Is Inflation higher or lower than Jun 2021?
Say itIf you prove it is lower you will then show I don't know ****.
^^^
You are one stupid SOB.....go to a grocery store between posts, Dimwit.Blackvegetable » 11 Jul 2024, 8:01 pm » wrote: ↑ I guess @*HooooeyVagina is getting some exercise. ....again.
I paid for your tribute to Huey.Blackvegetable » 11 Jul 2024, 7:42 pm » wrote: ↑
This is INDISPUTABLY vague.
It is much lower.
Remember, you don't know ****..
For the month, it was NEGATIVE.
The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May,
https://www.cnn.com/2024/07/11/economy/ ... index.html
In June, 2021 it was 0.9
On a monthly basis, headline and core prices rose 0.9% against 0.5% estimates.
https://www.cnbc.com/2021/07/13/consume ... imate.html
Say it
…..seemingly, you grasp for that silver lining, urging us not to believe what we see with our own eyes. …..after all, it was my vivid imagination that I saw $3.46 per gallon for one gas station and $3.40 per gallon of unleaded for another. (could it be the meds? no no)Blackvegetable » 11 Jul 2024, 7:42 pm » wrote: ↑
This is INDISPUTABLY vague.
It is much lower.
Remember, you don't know ****..
For the month, it was NEGATIVE.
The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May,
https://www.cnn.com/2024/07/11/economy/ ... index.html
In June, 2021 it was 0.9
On a monthly basis, headline and core prices rose 0.9% against 0.5% estimates.
https://www.cnbc.com/2021/07/13/consume ... imate.html
Say it
All other data is lying to you.jefftec » 11 Jul 2024, 10:59 pm » wrote: ↑ …..seemingly, you grasp for that silver lining, urging us not to believe what we see with our own eyes. …..after all, it was my vivid imagination that I saw $3.46 per gallon for one gas station and $3.40 per gallon of unleaded for another. (could it be the meds? no no)
….there’s a kind coolaid that you’re slinging, and I just can’t ignore that wry smile that you must giving at that moment.
Was it TL so you DR?
Look, I'm not one of these chicken **** who is going to sit here and pretend that trump had no part in the **** show. He had PLENTY. But pretending that a small drop in the price of certain goods and services we are instructed amount to fair and impartial indicia is some achievement? That is just silly.Blackvegetable » 11 Jul 2024, 7:42 pm » wrote: ↑
The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May,
https://www.cnn.com/2024/07/11/economy/ ... index.html
It gets funnier when you click on it.
I certainly hope you are not suggesting that the "basket of commonly purchased goods" has been cherry picked for political purposes, sir. Damn your hide if you are, sir - damn your hide!jefftec » 11 Jul 2024, 10:59 pm » wrote: ↑ …..seemingly, you grasp for that silver lining, urging us not to believe what we see with our own eyes. …..after all, it was my vivid imagination that I saw $3.46 per gallon for one gas station and $3.40 per gallon of unleaded for another. (could it be the meds? no no)
….there’s a kind coolaid that you’re slinging, and I just can’t ignore that wry smile that you must giving at that moment.
Cannonpointer » 12 Jul 2024, 3:06 am » wrote: ↑ I certainly hope you are not suggesting that the "basket of commonly purchased goods" has been cherry picked for political purposes, sir. Damn your hide if you are, sir - damn your hide!
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom Interest rates have doubled under Biden.Blackvegetable » 12 Jul 2024, 12:40 am » wrote: ↑ All other data is lying to you.
Only retail gasoline prices, and those airheads on The Five, tell you anything.....
The old adage applies here as you so systematically disassembled it that "when figures lie, it's because liars figured..."Cannonpointer » 12 Jul 2024, 3:03 am » wrote: ↑ Look, I'm not one of these chicken **** who is going to sit here and pretend that trump had no part in the **** show. He had PLENTY. But pretending that a small drop in the price of certain goods and services we are instructed amount to fair and impartial indicia is some achievement? That is just silly.
From the embedded link in the cnn story:
"The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May, which helped to slow the annual rate of inflation to 3% from 3.3% in May, according to the Bureau of Labor Statistics’ latest report."
How a tenth of a percent price drop brings five months at 3.3% down to 3% is some mathematics they don't teach at the various JuCos and community colleges I attended. The way my math works, a growth rate of 3.3% per annum over a 5 month period would put prices up by 5/12ths of 3.3%, which comes to a 1.375% increase over those five months. So, a basket of goods costing 100 bucks on 1 January would cost 101.37(5) on 30 May.
Okay, take one tenth of one percent off the cost off that basket, and that basket now costs 101.27(5). One tenth of one percent of 101.37(5) is a dime. Plus a bit over a tenth of a penny. A tenth of a percent drop in one month does not bring 3.3% inflation down to 3% inflation, as best my intermediate algebra chops can cipher.
Another point to consider is this, from the same link: "Falling gas prices as well as a drop in new and used car prices helped to usher in the first month-on-month decline since May 2020, BLS data showed." When you consider that prices grew (at a rate not specified) for 48 straight months, a price drop of 1/10th OF A PENNY ON THE DOLLAR is not a reprieve from the bonfire.
Why don't you, as the Pride of Brown and a champion googler, DEFEND YOUR OP by showing us what I am missing and how the math ACTUALLY works?
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom Pssssst. DICKSUCKER....Blackvegetable » 11 Jul 2024, 7:42 pm » wrote: ↑
This is INDISPUTABLY vague.
It is much lower.
Remember, you don't know ****..
For the month, it was NEGATIVE.
The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May,
https://www.cnn.com/2024/07/11/economy/ ... index.html
In June, 2021 it was 0.9
On a monthly basis, headline and core prices rose 0.9% against 0.5% estimates.
https://www.cnbc.com/2021/07/13/consume ... imate.html
Say it
YOU LOSE!! TODAY it's at 3%.What was the US inflation rate in June 2021?
The 12-month trimmed mean inflation rate was 2.0 percent in June, up from 1.9 percent in May. The 12-month inflation rate for headline PCE was 4.0 percent, unchanged from May, while the 12-month inflation rate for PCE excluding food and energy was 3.5 percent, up from 3.4 percent a month earlier.
Behind the Numbers: PCE Inflation Update, June 2021 - Dallasfed.org
Here, let me get it out of the way...HOW MANY HOURS?BooRadley » 12 Jul 2024, 6:07 am » wrote: ↑ Interest rates have doubled under Biden.
I suppose you'll deny that too.
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom All the data is lying?Blackvegetable » 12 Jul 2024, 12:40 am » wrote: ↑ All other data is lying to you.
Only retail gasoline prices, and those airheads on The Five, tell you anything.....
Thanks for asking...