supermike80 1,964 Posted Tuesday at 03:19 PM Energy down. Food flat. Housing down. These tariffs are killing us!!! One more month passed until the end of the world economy as we know it. Whew! Share this post Link to post Share on other sites
seafoam1 3,186 Posted Tuesday at 03:25 PM 6 minutes ago, supermike80 said: Energy down. Food flat. Housing down. These tariffs are killing us!!! One more month passed until the end of the world economy as we know it. Whew! It's amazing when you pay attention to what's actually going on. Winning. Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 03:27 PM I was told...many times...that this will drive recession and cripple the US economy. Absolute certainty. Been 4 months now I think? It was going to be utterly catastrophic. Weird 1 Share this post Link to post Share on other sites
The Real timschochet 6,936 Posted Tuesday at 03:42 PM The mass inflation from tariffs hasn’t hit yet for three reasons: 1. Trump keeps backing off, suspending the main increases. Yesterday he put off the main tariffs on China again for another 90 days. For most of the rest of the world, the bulk of tariffs promised in April only began last week. 2. After the announcement in April, but before the tariffs began, many of the largest companies furiously increased their stockpiles of goods so as to prolong current consumer prices as long as possible. Now these stockpiles are starting to run out. 3. Also many large companies thus far have opted to swallow the cost rather than pass it on to the consumer. But this won’t last very long. Here is an article from Fortune magazine (hardly a liberal source) that explains my arguments in more detail and predicts bad times ahead (bad, not catastrophic). https://fortune.com/2025/08/12/us-inflation-flat-tariffs-price-pressures-fed-trump-bls/ Basically we are currently in the lull before the storm hits. 1 3 Share this post Link to post Share on other sites
Sandy Loam 208 Posted Tuesday at 03:43 PM https://www.nytimes.com/live/2025/08/12/business/cpi-inflation-tariffs-fed?smid=nytcore-android-share It takes time. Inflation on the rise. 1 Share this post Link to post Share on other sites
Ron_Artest 1,662 Posted Tuesday at 03:44 PM It will be fun to bump this in October. Share this post Link to post Share on other sites
MDC 7,546 Posted Tuesday at 03:48 PM Update on lower prices? Is it Day 1 yet? 1 Share this post Link to post Share on other sites
seafoam1 3,186 Posted Tuesday at 03:55 PM 6 minutes ago, MDC said: Update on lower prices? Is it Day 1 yet? mdpee looking for handouts again. Anyone have an egg they can give him? Share this post Link to post Share on other sites
BrahmaBulls 796 Posted Tuesday at 04:00 PM 16 minutes ago, Ron_Artest said: It will be fun to bump this in October. Still rooting for pain on people because it's fun for him 1 Share this post Link to post Share on other sites
Ron_Artest 1,662 Posted Tuesday at 04:02 PM 1 minute ago, BrahmaBulls said: Still rooting for pain on people because it's fun for him You voted for this, not me. Bad karma day will come and I'll be here reminding you and everyone who supported this president and his tariffs. 1 Share this post Link to post Share on other sites
Ron_Artest 1,662 Posted Tuesday at 04:09 PM Also reading the report, it's odd. Food is flat? Seriously? Anyone buy meat recently? After the BLS firing and calls for fake numbers and given Trump's history of lying and faking everything, I would not be surprised at all if these numbers he's putting out are actually fake. 1 Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 04:47 PM 1 hour ago, The Real timschochet said: The mass inflation from tariffs hasn’t hit yet for three reasons: 1. Trump keeps backing off, suspending the main increases. Yesterday he put off the main tariffs on China again for another 90 days. For most of the rest of the world, the bulk of tariffs promised in April only began last week. 2. After the announcement in April, but before the tariffs began, many of the largest companies furiously increased their stockpiles of goods so as to prolong current consumer prices as long as possible. Now these stockpiles are starting to run out. 3. Also many large companies thus far have opted to swallow the cost rather than pass it on to the consumer. But this won’t last very long. Here is an article from Fortune magazine (hardly a liberal source) that explains my arguments in more detail and predicts bad times ahead (bad, not catastrophic). https://fortune.com/2025/08/12/us-inflation-flat-tariffs-price-pressures-fed-trump-bls/ Basically we are currently in the lull before the storm hits. So youre saying keep panicking 1 Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 04:49 PM So the guy above says Trump is lying about 0% on food but 100% accepts the numbers for everything else. This friends...is exactly what TDS is. 1 Share this post Link to post Share on other sites
Sandy Loam 208 Posted Tuesday at 04:49 PM MAGAs now labeling price spikes as Trump's masterful "controlled inflation." Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 04:51 PM 1 minute ago, Sandy Loam said: MAGAs now labeling price spikes as Trump's masterful "controlled inflation." Hey smart guy. Do you want 0% inflation forever. Let me know Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 04:53 PM 3 minutes ago, Sandy Loam said: MAGAs now labeling price spikes as Trump's masterful "controlled inflation." Price "spikes" Are you the same guy who says. "THE MARKETS ARE CRATERING! TANKING!" when the dow is down .5%? Share this post Link to post Share on other sites
Ron_Artest 1,662 Posted Tuesday at 04:53 PM 2 minutes ago, Sandy Loam said: MAGAs now labeling price spikes as Trump's masterful "controlled inflation." Core inflation 3.1%, likely from tariffs. Oil at $63 is not good for domestic production but it's keeping the inflation number low. Lower oil caused by higher OPEC production and a lower demand globally which means slowing growth. I don't get calling food flat with the spikes in beef, coffee, and other stuff as well. Share this post Link to post Share on other sites
seafoam1 3,186 Posted Tuesday at 05:02 PM 7 minutes ago, Ron_Artest said: Core inflation 3.1%, likely from tariffs. Oil at $63 is not good for domestic production but it's keeping the inflation number low. Lower oil caused by higher OPEC production and a lower demand globally which means slowing growth. I don't get calling food flat with the spikes in beef, coffee, and other stuff as well. Coming from the guy who ran from the market this past February and lost out big. If you want to be uninformed and stupid, follow this guys "research". Share this post Link to post Share on other sites
Sandy Loam 208 Posted Tuesday at 05:02 PM 9 minutes ago, supermike80 said: Price "spikes" Are you the same guy who says. "THE MARKETS ARE CRATERING! TANKING!" when the dow is down .5%? Wasn't me. Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 05:04 PM 1 minute ago, Sandy Loam said: Wasn't me. So just panicking now. You should divest your investments now. Be safe Share this post Link to post Share on other sites
The Real timschochet 6,936 Posted Tuesday at 05:06 PM 13 minutes ago, supermike80 said: So youre saying keep panicking Sigh. I offered you reasoned arguments. It’s up to you to accept or reject them. I differ from my friend Ron in that I take no enjoyment out of this. I will perfectly happy if none of these concerns are real and if prices continue to be stable. I would like nothing more than for you to be able to start another of these threads 6 months from now, laughing at the rest of us. That would be far preferable to any “I told you so” on my part. I don’t want to see any pain. But facts are facts. Economic laws are what they are and they can’t change at the whim of a single person. If you place fees on imports the consumer will pay them. You should know this already. Everybody should know this. It’s basic math. Share this post Link to post Share on other sites
seafoam1 3,186 Posted Tuesday at 05:08 PM Poor liberals. They should have gone to a good schools and got good jobs instead of focusing on trying to government handouts all their lives. Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 05:15 PM 5 minutes ago, The Real timschochet said: Sigh. I offered you reasoned arguments. It’s up to you to accept or reject them. I differ from my friend Ron in that I take no enjoyment out of this. I will perfectly happy if none of these concerns are real and if prices continue to be stable. I would like nothing more than for you to be able to start another of these threads 6 months from now, laughing at the rest of us. That would be far preferable to any “I told you so” on my part. I don’t want to see any pain. But facts are facts. Economic laws are what they are and they can’t change at the whim of a single person. If you place fees on imports the consumer will pay them. You should know this already. Everybody should know this. It’s basic math. Tim, Your sources said it in March, April, May, June and July. Each time they got it wrong. And each time they have an excuse. "We didnt anticipate this." Or "We didnt expect that." For experts, they seem to not consider a lot. Hard to truly trust a source that blows the play over and over and over. I'm glad you're not Ron and wanting this to happen so he can gloat. 1 Share this post Link to post Share on other sites
Meglamaniac 575 Posted Tuesday at 05:20 PM 1 hour ago, The Real timschochet said: The mass inflation from tariffs hasn’t hit yet for three reasons: 1. Trump keeps backing off, suspending the main increases. Yesterday he put off the main tariffs on China again for another 90 days. For most of the rest of the world, the bulk of tariffs promised in April only began last week. 2. After the announcement in April, but before the tariffs began, many of the largest companies furiously increased their stockpiles of goods so as to prolong current consumer prices as long as possible. Now these stockpiles are starting to run out. 3. Also many large companies thus far have opted to swallow the cost rather than pass it on to the consumer. But this won’t last very long. Here is an article from Fortune magazine (hardly a liberal source) that explains my arguments in more detail and predicts bad times ahead (bad, not catastrophic). https://fortune.com/2025/08/12/us-inflation-flat-tariffs-price-pressures-fed-trump-bls/ Basically we are currently in the lull before the storm hits. In fewer words Just you wait and see 1 Share this post Link to post Share on other sites
Meglamaniac 575 Posted Tuesday at 05:22 PM 1 hour ago, Ron_Artest said: You voted for this, not me. Bad karma day will come and I'll be here reminding you and everyone who supported this president and his tariffs. You're here now reminding us, of what no one knows Share this post Link to post Share on other sites
seafoam1 3,186 Posted Tuesday at 05:26 PM 4 minutes ago, Meglamaniac said: In fewer words Just you wait and see He's been wishing it for 10 months now. Share this post Link to post Share on other sites
TimHauck 2,994 Posted Tuesday at 05:28 PM 2 hours ago, supermike80 said: Energy down. Food flat. Housing down. These tariffs are killing us!!! One more month passed until the end of the world economy as we know it. Whew! Guaranteed if housing was down a year ago righties would be crying about Biden crashing the housing market. And they would’ve been right. Housing being down isn’t really a good sign for the economy. Share this post Link to post Share on other sites
BrahmaBulls 796 Posted Tuesday at 05:39 PM 1 hour ago, Ron_Artest said: You voted for this, not me. Bad karma day will come and I'll be here reminding you and everyone who supported this president and his tariffs. Rooting for people to have tough times. Garbage human Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 05:40 PM 11 minutes ago, TimHauck said: Guaranteed if housing was down a year ago righties would be crying about Biden crashing the housing market. And they would’ve been right. Housing being down isn’t really a good sign for the economy. Ok. So i can understand you correctly. Rising prices=Trump bad Lower prices=Trump bad Share this post Link to post Share on other sites
Ron_Artest 1,662 Posted Tuesday at 05:41 PM 11 minutes ago, TimHauck said: Guaranteed if housing was down a year ago righties would be crying about Biden crashing the housing market. And they would’ve been right. Housing being down isn’t really a good sign for the economy. Housing isn't down. Don't listen to that idiot. Housing was up .2% in July. Source: https://finance.yahoo.com/news/housing-inflation-is-easing-but-its-still-the-biggest-factor-driving-prices-higher-143440415.html Rent and owner’s equivalent rent, which estimates how much a homeowner would pay to rent an equivalent property, each jumped 0.3% last month from June. Lodging away from home, which includes spending on things like hotels, dropped 1% — one of the few major categories to see a decline. hotels and rentals dropped because of low travel. All in, shelter costs rose 3.7% in the last year. The rate of housing inflation is decelerating — July’s annual increase was the smallest jump since October 2021 — but continues to be hotter than broad inflation. Across all items, prices were up 2.7% annually and 3.1% after stripping out volatile food and energy costs. Share this post Link to post Share on other sites
Meglamaniac 575 Posted Tuesday at 05:42 PM 1 minute ago, supermike80 said: Ok. So i can understand you correctly. Rising prices=Trump bad Lower prices=Trump bad Que the 'check yes or no ' question from TimHack Share this post Link to post Share on other sites
Ron_Artest 1,662 Posted Tuesday at 05:43 PM 1 minute ago, BrahmaBulls said: Rooting for people to have tough times. Garbage human Wrong again. I'm rooting for prosperity. If Trump taco's everything and brings prosperity to all, I will eat crow. I'm assuming that won't happen. Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 05:47 PM 6 minutes ago, BrahmaBulls said: Rooting for people to have tough times. Garbage human Don't believe him. He literally said he would be happy to watch people suffer under the horrors that are expected to EVENTUALLY come from the tariffs, just so he could gloat at MAGA. Reminds me of the libs openly rooting for a recession during Trump's first term 1 Share this post Link to post Share on other sites
TimHauck 2,994 Posted Tuesday at 05:48 PM 7 minutes ago, supermike80 said: Ok. So i can understand you correctly. Rising prices=Trump bad Lower prices=Trump bad No I’m talking about housing only. Declining home prices is not a good sign for the economy. Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 05:50 PM Just now, TimHauck said: No I’m talking about housing only. Declining home prices is not a good sign for the economy. Ok Just want to make sure that if: Housing prices rise...Trump Bad. Housing prices fall...Trump Bad. I got that right yes? Share this post Link to post Share on other sites
seafoam1 3,186 Posted Tuesday at 05:50 PM 1 minute ago, TimHauck said: No I’m talking about housing only. Declining home prices is not a good sign for the economy. Share this post Link to post Share on other sites
Cdub100 3,948 Posted Tuesday at 05:51 PM Tarrifs don't drive inflation. Government spending does and we have a whopper of a bill. When interest rates start falling watch inflation to start moving up bigly. Share this post Link to post Share on other sites
TimHauck 2,994 Posted Tuesday at 05:52 PM 1 minute ago, supermike80 said: Ok Just want to make sure that if: Housing prices rise...Trump Bad. Housing prices fall...Trump Bad. I got that right yes? No. @Meglamaniac you gonna complain about this guy saying “check yes or no”? No, you’re not. Share this post Link to post Share on other sites
supermike80 1,964 Posted Tuesday at 05:53 PM Just now, TimHauck said: No. @Meglamaniac you gonna complain about this guy saying “check yes or no”? No, you’re not. I'm just trying to understand what you are saying. Cause I don't understand. Share this post Link to post Share on other sites
Meglamaniac 575 Posted Tuesday at 05:54 PM 1 minute ago, TimHauck said: No. @Meglamaniac you gonna complain about this guy saying “check yes or no”? No, you’re not. check yes or no and sign my year book Share this post Link to post Share on other sites