Another month of controlled inflation

[Alias Detective 1,416]

1 hour ago, Ron_Artest said:

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.

 

Beef or meat.  Don't be so obtuse.  Caviar is up a smidge too.

[Ron_Artest 1,666]

3 minutes ago, Alias Detective said:

Beef or meat.  Don't be so obtuse.  Caviar is up a smidge too.

Beef and chicken primarily I've noticed.  Prok ribs have been stable.

[Alias Detective 1,416]

10 minutes ago, TimHauck said:

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

Declining from What?  And if they are it's because they were completely overinflated to begin with.  Da fuk.  yall want your cake and eat it too.

[Sandy Loam 210]

Controlled inflation!

[Alias Detective 1,416]

3 minutes ago, Ron_Artest said:

Beef and chicken primarily I've noticed.  Prok ribs have been stable.

How about shrimp/seafood.  Cheaper than beef and a healthier alternative.  When its all averaged out I assume food inflation is flat....just like reported.  Instead you take focking beef as an example and make your case on one item of food.

[TimHauck 2,994]

10 minutes ago, supermike80 said:

I'm just trying to understand what you are saying.   Cause I don't understand.  

 

I’m saying that if home prices are really declining (I’m not sure, you didn’t include a link in your OP), that’s not a good sign for the economy.  On the flip side, rising home prices are a sign of a good economy. Regardless of who is President.  And I’ve been consistent in saying this:

On 9/20/2024 at 9:59 AM, TimHauck said:

(that’s why I put housing prices in the neutral column - I understand why it’s bad for those with low and fixed incomes, but it’s generally a sign of a strong economy).

 

[Ron_Artest 1,666]

Just now, Alias Detective said:

Declining from What?  And if they are it's because they were completely overinflated to begin with.  Da fuk.  yall want your cake and eat it too.

Home prices are largely influenced by supply and demand.  If we were building new homes while demand was strong, you could see prices go down slightly without much concern.  But housing starts are near a 5 year low, so it would be more likely the result of lower demand which is not good for the economy.

[supermike80 1,965]

Just now, Alias Detective said:

How about shrimp/seafood.  Cheaper than beef and a healthier alternative.  When its all averaged out I assume food inflation is flat....just like reported.  Instead you take focking beef as an example and make your case on one food.

He is no longer talking about eggs.  Interesting

[Ron_Artest 1,666]

1 minute ago, Sandy Loam said:

Controlled inflation!

Yeah I know.  For the past 4 years these Maga idiots were calling for deflation.  Trump promised lower prices on day 1.  7 months in and we're cheering controlled inflation.

[edjr 6,633]

price of beef is outrageous.

not to worry pour people., mcdonalds won’t raise prices as they don’t use beef

[Sandy Loam 210]

Just now, Ron_Artest said:

Yeah I know.  For the past 4 years these Maga idiots were calling for deflation.  Trump promised lower prices on day 1.  7 months in and we're cheering controlled inflation.

I guess their idea of "controlled inflation" is Trump slapping tariffs on everything up to and including deserted islands and having a huge effect on inflation.

[Alias Detective 1,416]

3 minutes ago, Ron_Artest said:

Home prices are largely influenced by supply and demand.  If we were building new homes while demand was strong, you could see prices go down slightly without much concern.  But housing starts are near a 5 year low, so it would be more likely the result of lower demand which is not good for the economy.

RATES my friend RATES are the reason.

[Alias Detective 1,416]

4 minutes ago, edjr said:

price of beef is outrageous.

not to worry pour people., mcdonalds won’t raise prices as they don’t use beef

$6.49 a pound.  !/2 beef in my freezer. 

[TimHauck 2,994]

Just now, Alias Detective said:

RATES my friend RATES are the reason.

Not really.  Rates shot up 3 years ago now, yet prices overall continued to go up in 2023 & 2024

https://fred.stlouisfed.org/series/MORTGAGE30US/

[Alias Detective 1,416]

Just now, TimHauck said:

Not really.  Rates shot up 3 years ago now, yet prices overall continued to go up in 2023 & 2024

https://fred.stlouisfed.org/series/MORTGAGE30US/

Stay out of our conversation.  You have no clue what we are discussing.

[TimHauck 2,994]

1 minute ago, Alias Detective said:

Stay out of our conversation.  You have no clue what we are discussing.

Lol.  I’m the one that started the conversation focused on housing, and you just quoted me about it 10 minutes ago

[Ron_Artest 1,666]

20 minutes ago, Alias Detective said:

RATES my friend RATES are the reason.

Mortgage rates haven't changed much in a year.

[Ron_Artest 1,666]

14 minutes ago, TimHauck said:

Lol.  I’m the one that started the conversation focused on housing, and you just quoted me about it 10 minutes ago

Just to be clear, housing is not going down.

[TimHauck 2,994]

7 minutes ago, Ron_Artest said:

Mortgage rates haven't changed much in a year.

And they first got to about where they are now almost 3 years ago.

[seafoam1 3,187]

Liberals must really be broke and suffering.

All this whining. 

[MDC 7,546]

Trump campaigned on lowering costs, not inflation rates. HTH

[supermike80 1,965]

4 minutes ago, MDC said:

Trump campaigned on lowering costs, not inflation rates. HTH

Hang on.   A Presidential candidate didn't live up to a campaign promise.   This is the first time that's ever happened right?   Unprecedented!!!!  

[MDC 7,546]

3 minutes ago, supermike80 said:

Hang on.   A Presidential candidate didn't live up to a campaign promise.   This is the first time that's ever happened right?   Unprecedented!!!!  

Is it failing to live up to a campaign promise when the promise is something you couldn’t possibly do and you actively make the situation worse?

The unprecedented part is Trump’s shamelessness and your gullibility.  

[supermike80 1,965]

Just now, MDC said:

Is it failing to live up to a campaign promise when the promise is something you couldn’t possibly do and you actively make the situation worse?

The unprecedented part is Trump’s shamelessness and your gullibility.  

I mean..Never in my life have I seen a President not live up to a campaign promise.   You're 100% right...Can he be impeached for that?   What can be done?

I know for sure I am definitely not voting for him in 2028.  No way

[MDC 7,546]

Just now, supermike80 said:

I mean..Never in my life have I seen a President not live up to a campaign promise.   You're 100% right...Can he be impeached for that?   What can be done?

I know for sure I am definitely not voting for him in 2028.  No way

Like I said, all POTUSs don’t live up to promises. Trump makes Candyland promises he has no intention of keeping, and his assboys (I.e. you) either believe it or make excuses when he makes it worse.

I have no doubt Trump will make bank$ and sail off into the sunset. And that’s your main priority, because you’re his ball-sucking rube.

HTH  

[supermike80 1,965]

6 minutes ago, MDC said:

Like I said, all POTUSs don’t live up to promises. Trump makes Candyland promises he has no intention of keeping, and his assboys (I.e. you) either believe it or make excuses when he makes it worse.

I have no doubt Trump will make bank$ and sail off into the sunset. And that’s your main priority, because you’re his ball-sucking rube.

HTH  

Name calling isn't your forte bit fella.  You're upset.  I get it.  No need to be nasty.  But since you are obviously very very upset, what can be done?   How do we stop this from happening again?  Should we make political candidates sign a pledge that they will 100% honor every campaign promise they made?   Can they be flogged?   Impeached?  Your anger tells me you want change.   So...how do we change it going forward?

By the way...I am not making excuses.  Prices are rising it.  I see it, we all see it.  I don't like it....but Trump has done a lot of things that I do like, a lot.  Also campaign promises.  And honestly a little inflation doesn't impact me much.  I worked hard to get to that point by the way.  35 years in the scumbag trucking industry.  Working nights, 60+ hours a week, traveling my fool ass off so much my wife was ready to say that's it.   Stress, headache, job changes.  All of it.  So now I am comfortable enough to say inflation is not my top priority.   If it hurts you badly, I am truly sorry for that.  It's not what I want.   

My controlled inflation post was more geared toward the Tims who keep telling us we are going back to the stone age because of tariffs.   Well one Tim anyway, the other one just says anything Trump does is bad, so he's really hard to understand.

[MDC 7,546]

4 minutes ago, supermike80 said:

Name calling isn't your forte bit fella.  

You’re right, that was unnecessary. You’re probably a nice guy who’s been brainwashed by cable news into a zero sum game you barely understand.

Mea culpa.  

[seafoam1 3,187]

1 minute ago, MDC said:

You’re right, that was unnecessary. You’re probably a nice guy who’s been brainwashed by cable news into a zero sum game you barely understand.

Mea culpa.  

Watching you whine and cry is fun. 

[supermike80 1,965]

1 minute ago, MDC said:

You’re right, that was unnecessary. You’re probably a nice guy who’s been brainwashed by cable news into a zero sum game you barely understand.

Mea culpa.  

I am a nice guy.  What I am not is overly emotional.  I'm a republican after all.  We tend to lean more toward logic and calmness than liberals.

[TimHauck 2,994]

7 minutes ago, supermike80 said:

Well one Tim anyway, the other one just says anything Trump does is bad, so he's really hard to understand.

Stop lying, liar. I answered your question and proved I am consistent unlike most righties here.

[seafoam1 3,187]

Just now, TimHauck said:

Stop lying, liar. I answered your question and proved I am consistent unlike most righties here.

[supermike80 1,965]

Just now, TimHauck said:

Stop lying, liar. I answered your question and proved I am consistent unlike the righties here.

You did.  I understood it as anything Trump does is bad.  I'm pretty sure many on this board would agree with that.  I'm not alone on that one.

[MDC 7,546]

1 minute ago, supermike80 said:

I am a nice guy.  What I am not is overly emotional.  I'm a republican after all.  We tend to lean more toward logic and calmness than liberals.

Like Don, I am sure you’re a very stable genius too.  

[TimHauck 2,994]

4 minutes ago, supermike80 said:

You did.  I understood it as anything Trump does is bad.  I'm pretty sure many on this board would agree with that.  I'm not alone on that one.

I don’t think that.  You may remember that Trump was also President during 2017-2020 and home prices rose then, which was also a sign of a good economy.

[supermike80 1,965]

1 minute ago, MDC said:

Like Don, I am sure you’re a very stable genius too.  

I just said I have been in trucking for 35 years.  That by default makes me a dumbazz...not a genius

[edjr 6,633]

1 hour ago, Alias Detective said:

$6.49 a pound.  !/2 beef in my freezer. 

for what? 70% 

[Alias Detective 1,416]

14 minutes ago, edjr said:

for what? 70% 

Remember I live in the country and know farmers who raise the cow and then have it butchered and wrapped.  The average price per pound for 90/10 burger and all the steaks and roasts is $6.49.  i'm buying over 300 pounds at a shot too.

[edjr 6,633]

4 minutes ago, Alias Detective said:

Remember I live in the country and know farmers who raise the cow and then have it butchered and wrapped.  The average price per pound for 90/10 burger and all the steaks and roasts is $6.49.  i'm buying over 300 pounds at a shot too.

We call that a peefoams worth

[Ron_Artest 1,666]

More data on Food.  Food is not flat.  Anyone who tells you food is flat is an idiot.

https://www.cnbc.com/2025/08/12/heres-the-inflation-breakdown-for-july-2025-in-one-chart.html

Food at home +2.2%

Food out +3.9%

[seafoam1 3,187]

Just now, Ron_Artest said:

More data on Food.  Food is not flat.  Anyone who tells you food is flat is an idiot.

https://www.cnbc.com/2025/08/12/heres-the-inflation-breakdown-for-july-2025-in-one-chart.html

Food at home +2.2%

Food out +3.9%

cnbs.