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supermike80

Another month of controlled inflation

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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!

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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. :thumbsup:

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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

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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. 

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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? 

🤣

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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

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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.

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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.

 

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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

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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.

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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

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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%?

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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.

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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". 😆

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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.

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1 minute ago, Sandy Loam said:

Wasn't me.

So just panicking now.  You should divest your investments now. Be safe

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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. 

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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. 

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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. 

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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

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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

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4 minutes ago, Meglamaniac said:

In fewer words

Just you wait and see

He's been wishing it for 10 months now. 

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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.  

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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

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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

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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.

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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

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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.

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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

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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.

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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?

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1 minute ago, TimHauck said:

No I’m talking about housing only.  Declining home prices is not a good sign for the economy.

😆

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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.

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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.

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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.  

 

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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

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