inflation a bit higher than expected

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Dallas82
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12:44p, 10/14/26
The Fed says Trump's tariffs contributed to inflation.

https://m.facebook.com/story.php?story_fbid=pfbid0WsveBeAppJnAzreALHpU35mMKWhxvcK2GjdR8p7UyEpYZjwrNcxCmCpErwftZko5l&id=100059577849134
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Old McDonald
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In reply to Dallas82 • 12:47p, 10/14/26
everyone warned this would happen when he started down this path, but trump and MAGA insisted it was 4D chess and this wouldn't happen
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tysker
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In reply to Old McDonald • 12:48p, 10/14/26
AG
Old McDonald said:
crazy that republicans won a trifecta on affordability and inflation concerns, only for trump to immediately do everything in his power to make things worse and insult his voters for even caring about those issues

At least SS recipients, who just got helicopter-dropped money into their checking accounts, will get a 3.6% raise next year.

Meanwhile, the workers covering that SS increase are watching their wages get further debased. Another octogenarian president promoting economic policy that steals from the young and healthy to buy votes of the old and fat.
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Ervin Burrell
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In reply to BusterAg • 12:50p, 10/14/26
AG
BusterAg said:
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.



Do you disagree with decimating Iran's conventional missile stockpile so that they could hold the ME hostage while they built nukes?

Glorious Leader declared we already did that back in summer of '25. Let me guess though, "what he akshuallllllyyyyyy meant was..."
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tysker
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In reply to Old McDonald • 12:53p, 10/14/26
AG
Old McDonald said:
everyone warned this would happen when he started down this path, but trump and MAGA insisted it was 4D chess and this wouldn't happen

Some of us on this board even have receipts from as far back as March 2020, when Trump signed the CARES Act.
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Ragoo
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In reply to HillCountry15 • 12:54p, 10/14/26
AG
HillCountry15 said:
Ducks4brkfast said:
Building materials have skyrocketed due to tariffs. Everything about our inflation situation is such an own goal. Incredibly frustrating.
building materials have gone up for sure, but nowhere near the price they were during peak covid.

I was selling 7/16 OSB for $56 a sheet during covid. Now it's running about $10
20 years ago I worked at Lowe's while in college and OSB was $6ish a sheet.
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No Spin Ag
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In reply to Dallas82 • 12:54p, 10/14/26
Dallas82 said:
The Fed says Trump's tariffs contributed to inflation.

https://m.facebook.com/story.php?story_fbid=pfbid0WsveBeAppJnAzreALHpU35mMKWhxvcK2GjdR8p7UyEpYZjwrNcxCmCpErwftZko5l&id=100059577849134


Coming from Trump's hand picked guy on not AOC/Bernie left leaning Fox News?

Oh the tweet will be an epic one I'm sure.

Brace yourselves, it's coming.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
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tysker
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In reply to Dallas82 • 1:01p, 10/14/26
AG
Dallas82 said:
The Fed says Trump's tariffs contributed to inflation.

https://m.facebook.com/story.php?story_fbid=pfbid0WsveBeAppJnAzreALHpU35mMKWhxvcK2GjdR8p7UyEpYZjwrNcxCmCpErwftZko5l&id=100059577849134

here is the report referenced:
https://libertystreeteconomics.newyorkfed.org/2026/10/how-fast-do-tariffs-pass-through-into-consumer-prices/

Quote:
In this post, we present results from our new research paper that estimates the effects of the 2025-26 tariffs on retail consumer prices. We find that for every percentage point increase in average tariffs, consumer goods prices increase by about a quarter of a percent after one year. Roughly two-thirds of the effect arises because tariffs raise the prices of imported consumer goods. The remaining third arises indirectly: tariffs increase the prices of goods made in the U.S. because producers pay more for imported parts and materials, and because producers raise their markups when competing imports cost more. The effects differ in their timing. Prices of imported goods respond quickly to tariffs, while prices of U.S.-made goods adjust over six to twelve months as higher costs move through the supply chain.

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Dallas82
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In reply to tysker • 1:06p, 10/14/26
tysker said:
Dallas82 said:
The Fed says Trump's tariffs contributed to inflation.

https://m.facebook.com/story.php?story_fbid=pfbid0WsveBeAppJnAzreALHpU35mMKWhxvcK2GjdR8p7UyEpYZjwrNcxCmCpErwftZko5l&id=100059577849134

here is the report referenced:
https://libertystreeteconomics.newyorkfed.org/2026/10/how-fast-do-tariffs-pass-through-into-consumer-prices/

Quote:
In this post, we present results from our new research paper that estimates the effects of the 2025-26 tariffs on retail consumer prices. We find that for every percentage point increase in average tariffs, consumer goods prices increase by about a quarter of a percent after one year. Roughly two-thirds of the effect arises because tariffs raise the prices of imported consumer goods. The remaining third arises indirectly: tariffs increase the prices of goods made in the U.S. because producers pay more for imported parts and materials, and because producers raise their markups when competing imports cost more. The effects differ in their timing. Prices of imported goods respond quickly to tariffs, while prices of U.S.-made goods adjust over six to twelve months as higher costs move through the supply chain.



Which is something every first year economics student can tell you. I honestly think Trump never attended class when he got his degree in "economics".
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BusterAg
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In reply to Dallas82 • 1:09p, 10/14/26
AG
Dallas82 said:
BusterAg said:
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.



Do you disagree with decimating Iran's conventional missile stockpile so that they could hold the ME hostage while they built nukes?


Sure, but Trump said we DID that last year. Did he lie?

which war are you talking about that Trump started?

We bombed the crap out of their nukes in June 2025. In March 2026, we bombed the crap out of their ballistic missile stockpile that they were amassing to overpower our anti-missile defense systems.

Which of these do you disagree with?
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HTownAg98
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In reply to BusterAg • 1:13p, 10/14/26
Nm.
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Logos Stick
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In reply to tysker • 1:16p, 10/14/26
tysker said:
Old McDonald said:
everyone warned this would happen when he started down this path, but trump and MAGA insisted it was 4D chess and this wouldn't happen

Some of us on this board even have receipts from as far back as March 2020, when Trump signed the CARES Act.


Give me a break.

State governments shut down businesses and people were out in the cold with NO income. Note the word STATE.

I guess you would have let people starve in the streets?!
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army01
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In reply to BusterAg • 1:29p, 10/14/26
AG
BusterAg said:
Dallas82 said:
BusterAg said:
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.



Do you disagree with decimating Iran's conventional missile stockpile so that they could hold the ME hostage while they built nukes?


Sure, but Trump said we DID that last year. Did he lie?

which war are you talking about that Trump started?

We bombed the crap out of their nukes in June 2025. In March 2026, we bombed the crap out of their ballistic missile stockpile that they were amassing to overpower our anti-missile defense systems.

Which of these do you disagree with?

Is that second one the war we won in one day that we are still fighting?
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FWTXAg
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In reply to rocky the dog • 1:37p, 10/14/26
AG
rocky the dog said:
I don't know if these figures are accurate, but anyway...



Or you could be a normal person with eyes and ears and see that the middle class is about to go through financial Armageddon. If you believe any numbers put out by the centrally controlled Ponzi scheme we call the United States governement, you should check yourself in somewhere.
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BusterAg
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In reply to army01 • 1:41p, 10/14/26
AG
army01 said:
BusterAg said:
Dallas82 said:
BusterAg said:
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.



Do you disagree with decimating Iran's conventional missile stockpile so that they could hold the ME hostage while they built nukes?


Sure, but Trump said we DID that last year. Did he lie?

which war are you talking about that Trump started?

We bombed the crap out of their nukes in June 2025. In March 2026, we bombed the crap out of their ballistic missile stockpile that they were amassing to overpower our anti-missile defense systems.

Which of these do you disagree with?

Is that second one the war we won in one day that we are still fighting?

We decimated their ballistic missile stockpile.

Then Iran decided to try and hold the straight hostage.

Definitely not great.

What would you have done differently?
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Dallas82
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In reply to BusterAg • 1:49p, 10/14/26
BusterAg said:
Dallas82 said:
BusterAg said:
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.



Do you disagree with decimating Iran's conventional missile stockpile so that they could hold the ME hostage while they built nukes?


Sure, but Trump said we DID that last year. Did he lie?

which war are you talking about that Trump started?

We bombed the crap out of their nukes in June 2025. In March 2026, we bombed the crap out of their ballistic missile stockpile that they were amassing to overpower our anti-missile defense systems.

Which of these do you disagree with?


Kind of hard for them to be a threat when 1) they had no nukes anymore and 2) nobody thought their missiles were a threat to us since they couldn't reach us.
Basically Trump went in hoping for regime change because Israel said it would be as easy as Venezuela. They lied.
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Ducks4brkfast
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In reply to BusterAg • 1:50p, 10/14/26
AG
Quote:
What would you have done differently?

Waited until after the midterms.And perhaps not start just 8 months prior to an election.
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YouBet
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In reply to agpetz • 2:18p, 10/14/26
AG
agpetz said:
The Green New Deal that didn't pass? How is it impacting inflation?

Much of the original GND legislation was repackaged into the "Inflation Reduction Act" which had nothing at all to do with reducing inflation.

Guess you missed that era in history.
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tysker
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In reply to Logos Stick • 2:52p, 10/14/26
AG
Logos Stick said:
tysker said:
Old McDonald said:
everyone warned this would happen when he started down this path, but trump and MAGA insisted it was 4D chess and this wouldn't happen

Some of us on this board even have receipts from as far back as March 2020, when Trump signed the CARES Act.


Give me a break.

State governments shut down businesses and people were out in the cold with NO income. Note the word STATE.

I guess you would have let people starve in the streets?!

And higher inflation was always going to be an outcome of this increase in spending. It was a trade-off Trump was willing to make. Trump had been calling on the Fed to lower rates, even suggesting rates be moved to below 0%, during the second half of 2019. He finally got his wish, for lower rates and higher spending, in March 2020.
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Logos Stick
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In reply to tysker • 2:57p, 10/14/26
tysker said:
Logos Stick said:
tysker said:
Old McDonald said:
everyone warned this would happen when he started down this path, but trump and MAGA insisted it was 4D chess and this wouldn't happen

Some of us on this board even have receipts from as far back as March 2020, when Trump signed the CARES Act.


Give me a break.

State governments shut down businesses and people were out in the cold with NO income. Note the word STATE.

I guess you would have let people starve in the streets?!

And higher inflation was always going to be an outcome of this increase in spending. It was a trade-off Trump was willing to make. Trump had been calling on the Fed to lower rates, even suggesting rates be moved to below 0%, during the second half of 2019. He finally got his wish, for lower rates and higher spending, in March 2020.


Yes, a simple trade off: let the people starve or spend money to prevent it.

And Biden had no choice not to claw back that money to mitigate it. /eye roll
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jwhaby
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In reply to flown-the-coop • 5:16p, 10/14/26
flown-the-coop said:
Blackhorse83 said:
Nothing to be concerned about. It's transitory.
inflation driven by an active conflict in the ME and global diesel shortage are actually more transitory than the inflationary impacts of the Green Mew Deal. HTH.


Crippling inflation is a small price to pay. If Trump didn't totally destroy Iran, we would all be speaking Farsi right now.
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pfo
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7:48p, 10/14/26
AG
Thank goodness we can count on democrats easing the inflation/affordability burden on Americans by raising our taxes, increasing fuel standards on cars and trucks, increasing regulation, impeaching Trump and putting men in girls bathrooms and in women's sports!
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BigRobSA
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In reply to Logos Stick • 8:24p, 10/14/26
Logos Stick said:
tysker said:
Old McDonald said:
everyone warned this would happen when he started down this path, but trump and MAGA insisted it was 4D chess and this wouldn't happen

Some of us on this board even have receipts from as far back as March 2020, when Trump signed the CARES Act.


Give me a break.

State governments shut down businesses and people were out in the cold with NO income. Note the word STATE.

I guess you would have let people starve in the streets?!

Still no reason to go ultralib and ruin the economy.

He was giving away a **** ton in UE, too. Made my job hiring a TON harder as we couldn't compete with the fedgov and stategov UE bankrolls.

His reaction to COVID, as a whole, was disastrous and stupid.
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Ducks4brkfast
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In reply to jwhaby • 8:29p, 10/14/26
AG
jwhaby said:
flown-the-coop said:
Blackhorse83 said:
Nothing to be concerned about. It's transitory.
inflation driven by an active conflict in the ME and global diesel shortage are actually more transitory than the inflationary impacts of the Green Mew Deal. HTH.


Crippling inflation is a small price to pay. If Trump didn't totally destroy Iran, we would all be speaking Farsi right now.


Iran would have conquered us?
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Ducks4brkfast
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In reply to BigRobSA • 8:30p, 10/14/26
AG
BigRobSA said:
Logos Stick said:
tysker said:
Old McDonald said:
everyone warned this would happen when he started down this path, but trump and MAGA insisted it was 4D chess and this wouldn't happen

Some of us on this board even have receipts from as far back as March 2020, when Trump signed the CARES Act.


Give me a break.

State governments shut down businesses and people were out in the cold with NO income. Note the word STATE.

I guess you would have let people starve in the streets?!

Still no reason to go ultralib and ruin the economy.

He was giving away a **** ton in UE, too. Made my job hiring a TON harder as we couldn't compete with the fedgov and stategov UE bankrolls.

His reaction to COVID, as a whole, was disastrous and stupid.


The PPP was nuts. We were an essential business and never shut down. Got a seven figure check for being able to make payroll. Like WTF haha
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94chem
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In reply to rocky the dog • 8:38p, 10/14/26
rocky the dog said:
I don't know if these figures are accurate, but anyway...



Like, do you buy stuff?
94chem,
That, sir, was the greatest post in the history of TexAgs. I salute you. -- Dough
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Red Fishing Ag93
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8:49p, 10/14/26
AG
3.7% inflation and 5% GDP.

We're definitely all going to die.
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BusterAg
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In reply to Dallas82 • 7:42a, 10/15/26
AG
Dallas82 said:
BusterAg said:
Dallas82 said:
BusterAg said:
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.



Do you disagree with decimating Iran's conventional missile stockpile so that they could hold the ME hostage while they built nukes?


Sure, but Trump said we DID that last year. Did he lie?

which war are you talking about that Trump started?

We bombed the crap out of their nukes in June 2025. In March 2026, we bombed the crap out of their ballistic missile stockpile that they were amassing to overpower our anti-missile defense systems.

Which of these do you disagree with?


Kind of hard for them to be a threat when 1) they had no nukes anymore and 2) nobody thought their missiles were a threat to us since they couldn't reach us.
Basically Trump went in hoping for regime change because Israel said it would be as easy as Venezuela. They lied.

Marco Rubio would like a word.

https://www.state.gov/releases/office-of-the-spokesperson/2026/03/secretary-of-state-marco-rubio-remarks-to-press-8
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BusterAg
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In reply to Ducks4brkfast • 7:43a, 10/15/26
AG
Ducks4brkfast said:
Quote:
What would you have done differently?

Waited until after the midterms.And perhaps not start just 8 months prior to an election.

Let's get this wrapped up before the 2028 election season, no?

One of the main reasons why Iran is still pressing is that it knows it hurts the GOP mid terms. IT would be much worse with a presidential election looming.
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BusterAg
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In reply to jwhaby • 7:46a, 10/15/26
AG
jwhaby said:
flown-the-coop said:
Blackhorse83 said:
Nothing to be concerned about. It's transitory.

inflation driven by an active conflict in the ME and global diesel shortage are actually more transitory than the inflationary impacts of the Green Mew Deal. HTH.


Crippling inflation is a small price to pay. If Trump didn't totally destroy Iran, we would all be speaking Farsi right now.

It's all fun and games until a suitcase nuke goes off in NYC.
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J. Walter Weatherman
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In reply to Dallas82 • 7:48a, 10/15/26
Dallas82 said:
BusterAg said:
Dallas82 said:
BusterAg said:
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.



Do you disagree with decimating Iran's conventional missile stockpile so that they could hold the ME hostage while they built nukes?


Sure, but Trump said we DID that last year. Did he lie?

which war are you talking about that Trump started?

We bombed the crap out of their nukes in June 2025. In March 2026, we bombed the crap out of their ballistic missile stockpile that they were amassing to overpower our anti-missile defense systems.

Which of these do you disagree with?


Kind of hard for them to be a threat when 1) they had no nukes anymore and 2) nobody thought their missiles were a threat to us since they couldn't reach us.
Basically Trump went in hoping for regime change because Israel said it would be as easy as Venezuela. They lied.


They were well within range of our bases in the Middle East. And they were obviously lying about their capabilities as we saw when they sent missiles to Diego Garcia 2,500 miles away.

The tariffs were idiotic own goals and Trump deserves all blame for the negative impacts of those. Attacking Iran came with costs but at least there's a long term benefit in disabling a terrorist regime.
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AustinAg2K
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In reply to rocky the dog • 7:56a, 10/15/26
rocky the dog said:
I don't know if these figures are accurate, but anyway...



That graphic was created after Trump's first 18 months in office. If you include the last two months, he's up to 6.1%. if you are to assume the same average CPI over an entire four years, then it's 14.9%.
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Yesterday
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In reply to Old McDonald • 7:58a, 10/15/26
AG
Old McDonald said:
crazy that republicans won a trifecta on affordability and inflation concerns, only for trump to immediately do everything in his power to make things worse and insult his voters for even caring about those issues


Good point. Let's go back to 21% inflation, masks and open borders to remedy this injustice.
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Coachlandryhat
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In reply to TxAG#2011 • 7:59a, 10/15/26
TxAG#2011 said:
Trump torpedoed his entire economic agenda for a war he promised not to start.


Is Tel Aviv safe? A small price to pay.
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Ellis Wyatt
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In reply to Coachlandryhat • 8:03a, 10/15/26
It's disturbing to imply that a terrorist Iran only threatens Israel. They've killed thousands of Americans.
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