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Thread: US Consumer prices rise .04%

  1. #11
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    Re: US Consumer prices rise .04%

    Quote Originally Posted by GottaGo View Post
    This is what is of concern:



    They, as usual, have taken out the items of biggest impact on those with low or fixed incomes.

    Hence why I said the details do not look good.

    Between drought and floods, general inflation and demand, getting by on the basics of life is going to put the squeeze on a lot of people.
    : Who needs food or energy anyway? Nobody I know! Good idea to take those items out of their calculations, as they tend to skew statistics in the wrong direction, "due to their price volatility."

    Greetings, GottaGo.

  2. #12
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    Re: US Consumer prices rise .04%

    Quote Originally Posted by GottaGo View Post
    They, as usual, have taken out the items of biggest impact on those with low or fixed incomes.
    The overall numbers don't exclude food and energy. Those two are responsible for 0.1% of the direct increase.

    Slightly higher inflation also isn't necessarily a bad thing. Typically, wages tend to keep up with inflation. A small amount of inflation -- up to 5% -- is also seen as beneficial for the economy.

  3. #13
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    Re: US Consumer prices rise .04%

    Quote Originally Posted by Visbek View Post
    The overall numbers don't exclude food and energy. Those two are responsible for 0.1% of the direct increase.

    Slightly higher inflation also isn't necessarily a bad thing. Typically, wages tend to keep up with inflation. A small amount of inflation -- up to 5% -- is also seen as beneficial for the economy.
    Exactly who benefits from inflation? Not the average person. Mostly those who are on the receiving end of taxes are the ones who benefit....
    Building block or stumbling block.... choose.

  4. #14
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    Re: US Consumer prices rise .04%

    Quote Originally Posted by GottaGo View Post
    Exactly who benefits from inflation? Not the average person. Mostly those who are on the receiving end of taxes are the ones who benefit....
    In my 52 years I never heard it said that inflation is a benefit to any normal, hardworking American.

  5. #15
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    Re: US Consumer prices rise .04%

    Quote Originally Posted by penn1954 View Post
    I highly disagree with your analysis!
    Each time I go to the grocery its more money for the same food.
    Each week gas is up .30c

    So to me inflation is back with a vengeance.
    Tell me that when American gas reaches 6.25$-7$ a gallon. 2% on food is not very much, the only large price increases I see is on out of season food.

  6. #16
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    Re: US Consumer prices rise .04%

    Quote Originally Posted by GottaGo View Post
    To the ordinary person, or at least the ones who want to understand their economic environment, those are the numbers that DO matter. While I have a good understanding of what drives inflation, removing major factors, volatile or not, gives a very skewed view of what is truly happening in the economy.
    Not really, what the core inflation rate reflects is the health of the growth of the economy within 1% - 3% is usually means you have a healthy economy.

  7. #17
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    Re: US Consumer prices rise .04%

    Quote Originally Posted by Carjosse View Post
    Not really, what the core inflation rate reflects is the health of the growth of the economy within 1% - 3% is usually means you have a healthy economy.
    Not with the unemployment rates we are currently...enjoying. Nor with the supposed stagnation of wages.

    If neither one of those negatives were in play, then I might consider 1% inflation a positive movement.
    Building block or stumbling block.... choose.

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    Re: US Consumer prices rise .04%

    Quote Originally Posted by Helix View Post
    and gas here just shot through the roof because of more Middle East instability bull****. doesn't matter how much we drill; any excuse to gamble up the price is enough.
    A duck sneezed in Canada? $4.50 a gallon, now!
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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