Will be released Thursday.

2.97% last month.

I have no idea, except I don't trust Biden to release the real number. It'll be fudged lower than it is.

Whatever it is will be unexpectedly.

Whatever it is, it won't be the actual one.

hunter2012 said:

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Whatever it is will be unexpectedly.

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…and still underreported.

A decade from now someone will quietly admit that the true rate of inflation was closer to the 50%+ one-year increases we saw in necessities following their printing of trillions. They're just slow rolling the destruction so that the central bank's theft isn't as apparent.

It will be quietly revised two weeks later after leftists run the headline that the number released was lower than expected.

Wouldn't be surprised if it starts ticking back up....Things aren't getting any cheaper and the baseline effect is now moving in the opposite direction of what had been influencing Y/Y comparisons to decline.

I'll say 3.33 (repeating of course)

I don't know, but we are feelin it. I know we're all supposed to be millionaires on here on-pace for retirement by the age of 45, so it's kind of embarrassing to admit, but this family of three is feeling the sting, I must admit. Basically feels like we are paying an extra car note each month compared to how things used to be a short while ago, only without the nice extra car. And we are relatively fortunate. I honestly have no clue how so many are getting by. All of the people living paycheck to paycheck or just wondering how they're gonna make rent...at what point does this all bubble over?

My bowl of pho at lunch was just $13.65 after tax. I swear just a couple years ago it was like $7.50-$8.00. Feels like the cost of literally everything and every service has gone up substantially...but we had layoffs and reduced bonuses and freezes on any raises last year.

Sims said:

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Wouldn't be surprised if it starts ticking back up....Things aren't getting any cheaper and the baseline effect is now moving in the opposite direction of what had been influencing Y/Y comparisons to decline.

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Over the past few months Bidenomics claimed success because fuel prices fell. Now that they are going back up, ole Joe will be looking for a scapegoat. There's always 'blame Trump'. That hand hasn't been overplayed.

It will increase slightly for the next two months before finishing the year in the mid 2's.

Sims said:

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Wouldn't be surprised if it starts ticking back up....Things aren't getting any cheaper and the baseline effect is now moving in the opposite direction of what had been influencing Y/Y comparisons to decline.

I'll say 3.33 (repeating of course)

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Nice.

I think the more important rate is interest. It will be very difficult for anyone just starting to buy a home. That is a very important for a new family.

Who eats pho for lunch in 106 degree weather?!

You should never ever use govt reported data except for maybe amusement purposes. Although, it's more likely to piss you off to see in real time how much they lie to us.

Shadowstats is far more realistic and even then probably underreporting it. https://www.shadowstats.com/alternate_data

Peter Klaven said:

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Who eats pho for lunch in 106 degree weather?!

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Its Pho King hot.

Peter Klaven said:

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Who eats pho for lunch in 106 degree weather?!

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I eat it roughly once a week year round baby. I'm an addict.

Quote:

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My bowl of pho at lunch was just $13.65 after tax. I swear just a couple years ago it was like $7.50-$8.00.

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That's because it literally was. The cost of dining out has gone up significantly.

I just got my gun range renewal and it's up 40%. Sticker shock.

Logos Stick said:

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Quote:

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My bowl of pho at lunch was just $13.65 after tax. I swear just a couple years ago it was like $7.50-$8.00.

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That's because it literally was. The cost of dining out has gone up significantly.

I just got my gun range renewal and it's up 40%. Sticker shock.

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Just wait until the open borders policies let Democrats pass a 1,000 percent tax on fire arms transfers/sales, to say nothing of ammo/insurance. Good thing the communists are known for being law and order types when in office, as all major American cities have shown over the past 50 years.

Rocky Rider said:

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Sims said:

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Wouldn't be surprised if it starts ticking back up....Things aren't getting any cheaper and the baseline effect is now moving in the opposite direction of what had been influencing Y/Y comparisons to decline.

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Over the past few months Bidenomics claimed success because fuel prices fell. Now that they are going back up, ole Joe will be looking for a scapegoat. There's always 'blame Trump'. That hand hasn't been overplayed.

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Its getting close to "Bush's fault" that Obama rolled with for 8 years.

3.13%

2.008%, but feels closer to 20.08%

Sims said:

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Wouldn't be surprised if it starts ticking back up....Things aren't getting any cheaper and the baseline effect is now moving in the opposite direction of what had been influencing Y/Y comparisons to decline.

I'll say 3.33 (repeating of course)

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Peter Klaven said:

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Who eats pho for lunch in 106 degree weather?!

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Those who are tired of caldo.

I feel bad for single parents trying to feed their kids! A trip to the grocery store is painful and we buy real food. I'm sure these parents are having to buy the less expensive processed foods. It's really sad.

Gilligan said:

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I feel bad for single parents trying to feed their kids! A trip to the grocery store is painful and we buy real food. I'm sure these parents are having to buy the less expensive processed foods. It's really sad.

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Going in for "just a few quick things" is routinely $30-40.

The reality is we all new it was going to slow down, but costs never would.

You cannot give everyone a raise in the country or pay people not to work and expect costs to not go up and stay up. While it may be (D)ifferent in their world, it is just plain common sense.

BG Knocc Out said:

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Peter Klaven said:

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Who eats pho for lunch in 106 degree weather?!

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I eat it roughly once a week year round baby. I'm an addict.

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Same. Glad I'm not the only crazy one.

TriumphForks said:

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BG Knocc Out said:

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Peter Klaven said:

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Who eats pho for lunch in 106 degree weather?!

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I eat it roughly once a week year round baby. I'm an addict.

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Same. Glad I'm not the only crazy one.

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If people didn't eat pho when it's hot outside it would not be so popular in its country or origin

released: 2.15
revised report: 2.85
actual: 3.75

All I know is I paid $15 to get a hamburger and fries the other day and it wasnt exceptional

If it's 3.33, then they will indict a trump again on Friday morning.

PIlots across all major airlines getting 40+% raises. UAW asking for 40% raises and benefits increases on top of that.

Yellow just went bankrupt and shut down so that's 30k employees out of a job. Another 15k jobs in logistics were ****canned in June and July.

Shipping is slowing way down and people are buying less because things have gotten so expenseive so maybe that will help but who the hell knows anymore.

Was informed by my boss the "Sheriff" that we could be receiving a 2.5% raise.

After taxes, insurance, pension, I might be able to actually afford to upsize my fries and drink at Chick-fil-a.

They are setting up the pivot to QE. Wall st, CRE, and fedgov want or need the return to free money.

YouBet said:

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PIlots across all major airlines getting 40+% raises. UAW asking for 40% raises and benefits increases on top of that.

Yellow just went bankrupt and shut down so that's 30k employees out of a job. Another 15k jobs in logistics were ****canned in June and July.

Shipping is slowing way down and people are buying less because things have gotten so expenseive so maybe that will help but who the hell knows anymore.

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Always enjoy reading your posts and thoughts on matters!