I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
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Quote:You would have saved even more by using less. My bills:
Originally posted by 6IXSTRINGJACK:
THIS is how you get stuff done, Second. Instead of just bitching and moaning about everything all the time like you do.
-$98.48 ENTEX Natural Gas kept the house warm, showers Hot, and 2-3 loads of laundry daily.
-$105.45 MP2 ENERGY TEXAS Electricity and I charged the Ford Lightning on that.
Think how much money could be saved if I stopped driving and stopped taking hot showers twice per day, but instead did things the 6ixStringJack way: cold, dark, smelly and dirty clothes.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by second:Quote:You would have saved even more by using less. My bills:
Originally posted by 6IXSTRINGJACK:
THIS is how you get stuff done, Second. Instead of just bitching and moaning about everything all the time like you do.
-$98.48 ENTEX Natural Gas kept the house warm, showers Hot, and 2-3 loads of laundry daily.
Nobody is impressed that you kept your house warm in Texas.
Plenty of hot showers and clean clothes here, and my gas bill was $25 less than you in the Midwest February.
Fuck the environment so you can keep your house at 75 degrees, huh?
Quote:
-$105.45 MP2 ENERGY TEXAS Electricity and I charged the Ford Lightning on that.
No you didn't. You don't have a coal burning truck.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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WSJ: More Auto Payments Are Late, Exposing Cracks in Consumer Credit
Borrowers with low credit scores fall behind in numbers unseen since 2010
https://www.wsj.com/articles/more-auto-payments-are-late-exposing-crac
ks-in-consumer-credit-3cbc2382?mod=hp_lead_pos5
Three-Quarters Report Suffering ‘Hardship’ From Bidenflation: I&I/TIPP Poll
There is no free lunch. President Biden's profligate fiscal policies and the Federal Reserve's lax monetary policies come at a price: American suffering.
https://tippinsights.com/three-quarters-report-suffering-hardship-from
-bidenflation-i-i-tipp-poll/
Quote:
When it comes to inflation, apparently, there are no parties, genders, classes, or races. Only pain.
Remember when we all saved $0.16 on 4th of July back in 2020? Those were the days, huh?
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Strong upward revisions push real personal income to new highs - Angry Bear
Strong upward revisions push real personal income to new highs, put 2 important coincident indicators firmly in expansion territory
Almost all of the news in this morning’s release for personal income and spending for January was positive.
Nominally, personal income rose +0.6% and personal spending rose 1.8%. The deflator also rose +0.6%, making real personal income close to unchanged, and real spending (after rounding) up 1.1%.
But that wasn’t the biggest news. There were major upward revisions to real personal income in the past 6 months. The below graphs show the former values (blue) vs. the current revisions (red):
What had looked like moderate growth in real personal income suddenly looks very strong (once again: a big decline in gas prices can work wonders for inflation-adjusted data!).
This affects one of the coincident indicators used by the NBER to calculate if a recession has begun, real personal income less transfer receipts:
Again, what looked like tepid growth or even a YoY stall now looks strong.
There were only minor revisions for the last several months to personal consumption expenditures, making December -0.2% lower than previously reported. Still, the big growth in January took real personal spending to its highest level ever. As I’ve previously noted, personal spending is like the opposite side of the transaction from real retail sales. Here’s what the monthly changes in each look like for the past 18 months:
Both had an extra dose of seasonality, as big declines in November and December were offset by big increases in January.
The good news also applied to real manufacturing and trade sales for December. This which was updated this morning as well, jumping 1.5% for the month to an all time high except for March 2021 and January 2022:
This is also one of the coincident indicators tracked by the NBER, which means that both of them are at the moment firmly in expansion territory.
The only negative in this morning’s report was that the personal saving rate increased 0.2% to 4.7%:
While that’s good for individual households, due to the paradox of saving it is bad for the economy. When in the aggregate consumers save more, they spend less, which is a negative for the economy as a whole. As the above graph shows, typically as expansions go on, consumers save less. Then, as financial conditions like interest rates worsen, they tighten their belts and save more. That’s what we are seeing now.
https://angrybearblog.com/2023/02/strong-upward-revisions-push-real-pe
rsonal-income-to-new-highs
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Japan’s core CPI hits more than 41-year high in January
Published: Feb. 23, 2023 at 6:43 p.m. ET
By Megumi Fujikawa
TOKYO — Japan’s core consumer prices excluding fresh food rose 4.2% from a year earlier in January, hitting a more than 41-year high, government data showed Friday.
That was faster than a 4% increase in December and marked the highest level since September 1981. It was the 10th consecutive month that inflation exceeded the Bank of Japan’s 2% target.
Consumer prices excluding fresh food and energy prices rose 3.2% from a year earlier in January, compared with December’s 3% increase.
The central bank has said it expected inflation to fall below its 2% goal in the fiscal year beginning in April.
https://www.marketwatch.com/story/japan-core-cpi-hits-more-than-41-yea
r-high-in-january-c31f352
United States Core Inflation Rates (1957-2023)
The annual core inflation rate is 5.6% for the 12 months ending January 2023 as compared to 5.7% previously, according to the U.S. Labor Department reported Feb. 14, 2023. As recently as September 2022, the core rate at 6.6% was the largest since August 1982.
Core inflation excludes certain items that are known for their volatility — namely, food and energy. (Read more about core inflation.) It is monitored almost as much as the bellwether inflation rate that measures pricing changes across all items.
https://www.usinflationcalculator.com/inflation/united-states-core-inf
lation-rates/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Introducing the ‘Presidential Inflation Rate’: Biden trails only Carter
Overall prices have jumped 15 percent since president was sworn in
https://rollcall.com/2023/03/15/introducing-the-presidential-inflation
-rate-biden-trails-only-carter/
Fuck Joe Biden*.
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Inflation is transitory. Nothing to see here.
You dumb fuckin' goons.
Hope you're proud of your votes and your covid behavior.
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The price of crude oil is now down to roughly its price before the pandemic.
https://jabberwocking.com/raw-data-the-price-of-oil/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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NOT ON THAT GRAPH: Oil just went up today and will continue to rise since nobody at OPEC+ (or anybody else with half a working brain) respects Joe Biden* or his administration.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Quote:The point of OPEC is to raise prices. Rich oil people set the prices, not from respect of the Presidents in France or South Korea or anywhere. The reason why oil prices never go to infinity is that rich oil people start undercutting each other's price to make more money for themselves, but they don't pay any attention to what Presidents want the price to be. Unless the President also is a rich oil person or controls a Strategic Oil Reserve with infinite amounts of oil already stored, the President has no control over the price.
Originally posted by 6IXSTRINGJACK:
NOT ON THAT GRAPH: Oil just went up today and will continue to rise since nobody at OPEC+ (or anybody else with half a working brain) respects Joe Biden* or his administration.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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