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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 3:46 pm 
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An enigma of a man shaped hole in the wall between reality and the soul of the devil.
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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 3:51 pm 
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4/5 wrote:
Inflation up to 8.6% now. Good times.

i swear i can't get out of the grocery store for less than $50


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 4:00 pm 
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if you're trying to figure out the real number, remember that congress gave themselves a 21% raise last month


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 4:06 pm 
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How long before the price controls hit?

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 4:07 pm 
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4/5 wrote:
How long before the price controls hit?


Only 1 gallon of milk per person!

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Last edited by verb_to_trust on Tue April 12, 2022 4:09 pm, edited 1 time in total.

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 4:08 pm 
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verb_to_trust wrote:
4/5 wrote:
How long before the price controls hit?


Only 1 Fallon of milk per person!

This is a unit of measurement we can all get behind.

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"I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle



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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 4:09 pm 
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Lol

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 4:36 pm 
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gave NPR a listen, and hearing "inflation has hit record highs in the wake of russia's invasion and the resulting sanctions" is just such insidious propaganda, less because of the content and more because of its breeziness, its ease. it just floats along, effortlessly priming the cattle to accept the state of affairs as such

sometimes i wonder why bernays ever decided to pull back the curtain on the consensus-molding machine


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 4:40 pm 
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--- wrote:
gave NPR a listen, and hearing "inflation has hit record highs in the wake of russia's invasion and the resulting sanctions" is just such insidious propaganda, less because of the content and more because of its breeziness, its ease. it just floats along, effortlessly priming the cattle to accept the state of affairs as such

That's better than the "corporate greed" explanation at least.

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"I want to see the whole picture--as nearly as I can. I don't want to put on the blinders of 'good and bad,' and limit my vision."-- In Dubious Battle



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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 7:07 pm 
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I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 7:11 pm 
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elliseamos wrote:
I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?

I think some food prices aren't included either.

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“And truly, if life had no purpose, and I had to choose nonsense, this would be the most desirable nonsense for me as well."


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 7:40 pm 
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elliseamos wrote:
I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?

in 1983 the BLS shifted the way it calculated the housing portion of the CPI, from nominal housing prices to "owner's equivalent rent"

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 7:40 pm 
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stats are juking


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 7:42 pm 
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i don't know why i can't get this tweet to post correctly

https://twitter.com/michaeljburry/statu ... r7vIIqAAAA


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 7:45 pm 
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--- wrote:
i don't know why i can't get this tweet to post correctly


RMers are aging

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 7:54 pm 
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E.H. Ruddock wrote:
--- wrote:
i don't know why i can't get this tweet to post correctly


RMers are aging

maybe they should control for female promiscuity in multi-unit residential dwellings


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 8:07 pm 
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Now that’s the kind of oblique reference to obscure RM lore I was hoping for with the return of thodoks


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 8:32 pm 
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--- wrote:
stats are juking

what will become of this economy's bunny colvin?

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue April 12, 2022 9:21 pm 
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washing machine wrote:
--- wrote:
stats are juking

what will become of this economy's bunny colvin?

Image


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed April 13, 2022 6:30 pm 
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--- wrote:
elliseamos wrote:
I read today that in the early 80s they took mortgage and rent increases out of the figure to make inflation look lower. Is that true? Or did I read it wrong?

in 1983 the BLS shifted the way it calculated the housing portion of the CPI, from nominal housing prices to "owner's equivalent rent"

Image

So it was already heading down and then the equation was changed? Or the changed caused that sudden drop?


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