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06-10-2022, 06:29 PM
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#1
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,444
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Inflation now at 40-year high...pay no attention to that though...
Jan 6 hearings are definitely where it's at!
https://www.cnbc.com/2022/06/10/cons...-may-2022.html
Quote:
The consumer price index rose 8.6% in May from a year ago, the highest increase since December 1981. Core inflation excluding food and energy rose 6%. Both were higher than expected.
Surging food, gas and energy prices all contributed to the gain, with fuel oil up 106.7% over the past year.
Shelter costs, which comprise about one-third of the CPI, rose at the fastest 12-month pace in 31 years.
The rise in inflation meant workers lost more ground in May, with real wages declining 0.6% from April and 3% on a 12-month basis.
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Let's go Brandon!
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06-10-2022, 06:36 PM
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#2
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Registered User
Join Date: Jan 2007
Posts: 18,962
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Inflation is so bad, a truckload of Americans were caught sneaking into Mexico! 
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06-10-2022, 06:38 PM
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#3
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Registered User
Join Date: Jan 2015
Location: Beaverdam Virginia
Posts: 12,591
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As I have said numerous times, sign me up for that 8.6% inflation. My business supplies are up a hell of a lot more than that. I can't pass it on either as damn near all my currently active customers cater to hobbyists.
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06-10-2022, 07:18 PM
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#4
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Registered User
Join Date: Mar 2010
Posts: 1,438
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Let's go Brandon!
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06-10-2022, 08:14 PM
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#5
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,744
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Oscar Meyer baloney, $5.99 this past winter, $8.69 today.
Must be 8.6% each freaking slice!
__________________
Who does the Racing Form Detective like in this one?
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06-10-2022, 11:05 PM
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#6
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Registered User
Join Date: May 2010
Posts: 2,021
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Just make the minimum wage $15 and all will be fine.
Just make the minimum wage $20 and all will be fine.
Just make the minimum wage $30 and all will be fine.
Mostpost will be in soon to let us know inflation right now is a GOOD thing.
Meanwhile, in the non-taxpayer-supported-retiree world, people are suffering and can't make ends meet. The next few months will be extra rough.
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06-10-2022, 11:20 PM
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#7
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Registered User
Join Date: May 2011
Posts: 22,617
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People will die this summer from heat stroke and freeze next winter.
thx Joe
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06-10-2022, 11:23 PM
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#8
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Join Date: Mar 2001
Location: Reno, NV
Posts: 16,900
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Quote:
Originally Posted by tbwinner
Just make the minimum wage $15 and all will be fine.
Just make the minimum wage $20 and all will be fine.
Just make the minimum wage $30 and all will be fine.
Mostpost will be in soon to let us know inflation right now is a GOOD thing.
Meanwhile, in the non-taxpayer-supported-retiree world, people are suffering and can't make ends meet. The next few months will be extra rough.
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Very astute. 
The people who have worked a lifetime are being screwed on everything from Social Security --- WHICH IS NOT BEING ON THE DOLE --- to paying their own student loans.
Hey... old white folk have to die, right?
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06-11-2022, 12:09 AM
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#9
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Registered User
Join Date: Jan 2015
Location: Beaverdam Virginia
Posts: 12,591
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Quote:
Originally Posted by Tom
Oscar Meyer baloney, $5.99 this past winter, $8.69 today.
Must be 8.6% each freaking slice!
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Damn! I like baloney and grilled cheese. The last package of baloney was $6.99 I bought two weeks ago and thought WTF, $7 for a package of baloney.
I did not know that was cheap.
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06-11-2022, 12:33 AM
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#10
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Son O'War
Join Date: Feb 2003
Location: Bettorthaneverstreet, Boston
Posts: 7,211
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Quote:
Originally Posted by tbwinner
Meanwhile, in the non-taxpayer-supported-retiree world, people are suffering and can't make ends meet. The next few months will be extra rough.
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I hear that 
__________________
...as I lied down last night and looked up at the moon and stars, I said to myself, where the hell did my ceiling go
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06-11-2022, 02:11 AM
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#11
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Registered User
Join Date: Jan 2015
Location: Beaverdam Virginia
Posts: 12,591
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Quote:
Originally Posted by davew
People will die this summer from heat stroke and freeze next winter.
thx Joe
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What I pay for electricity is one of the few things that had no price increase in the last year, heating oil was up 25%.
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06-11-2022, 06:20 AM
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#12
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Registered User
Join Date: Jun 2008
Posts: 10,128
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What are you people griping about? Inflation is a high class problem. Just like Brandon and company said about supply chain issues.
Has anyone noticed that not one of these transitory, high class problems is going away?
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06-11-2022, 07:02 AM
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#13
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Just Deplorable
Join Date: Mar 2003
Location: Lebanon, Ohio
Posts: 8,061
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My elliptical cross-trainer is still on a ship in Long Beach harbor, I think. 
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06-11-2022, 07:07 AM
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#14
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Registered User
Join Date: May 2011
Posts: 22,617
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Quote:
Originally Posted by Inner Dirt
What I pay for electricity is one of the few things that had no price increase in the last year, heating oil was up 25%.
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see what it is in the fall
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06-11-2022, 09:39 AM
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#15
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,597
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I read yesterday that the average American’s monthly bills are going to rise between 400-450 per month. Considering most were already heavily in debt and living week to week, I think we have a serious problem.
__________________
"Unlearning is the highest form of learning"
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