Posted on 07/22/2021 3:27:29 PM PDT by SteveH
where can one find the website for the real usa inflation rate?
in the past i have used google to find it, but now i apparently cannot do that any more (at least not easily).
thanks.
You beat me to it. You have to be quick around here. Shadowstats is by far the best for honest econometric analysis.
The proper use of capital letters couldn’t hurt.
Even search engines don’t like working for morons.
Based on my experience seeing 10% yoy inflation in food, shadow stats is accurate.
“Based on my experience seeing 10% yoy inflation in food, shadow stats is accurate.”
Food is not included in inflation rate calculations, along with a lot of other things, and that’s a good thing because the price of those things jumps around too and much too often for anyone to plan by those numbers.
For future reference
Search engines are not case sensitive but I guess you are.
he is my very own personal stalag kommandant (no internet knowledge required!) so please leave him alone, lol.
so, we are now up to what inflation rate, 13% (if i read the graph correctly)?
isn’t that getting somewhat close to a jimmy carter era level rate? /* rhetorical */
Right why would anyone want to include food and commodities in monetary inflation statistics, that would be weird, and stuff. Naturally, they wouldn’t want to use “volatile” energy prices like gasoline, or heating oil, or elsctricity either. No, that makes no sense.
Oh, and housing costs are right out too. Have you seen what houses cost these days? “Imputed rent” - that’ll just have to do.
So then what’s left? All that imported scheisse and plastic el-cheapo gee-gaws produced by near slave labor in sweatshops on the other side of the world.
ProTip: All the official gubbmint stats are bogus and have been since the first bout of monetary inflation in the 1970s. True Bond yields are waaaay negative and have been for many years.
Case means nothing but one’s choice of search engine does.
The big difference between then, and now, there isn’t anyone like Paul Volcker around. And it wouldn’t matter even if there was. The Overnight fed lending rate hit 15 or 16 percent. Something like that. But their hands are tied.
They can’t raise interest rates, not even a little, or the entire thing blows up in their face. They can save the dollar or they could save the markets ... but they sure as hell can’t save both. Remember they haven’t even passed a budget, deficit or otherwise in years.
They just call them “spending packages” or “continuing resolutions” or “reconciliation”. Nominal interest rates of 4 or 5 percent would mean no money for anything else except making interest payments on existing debt. That’s why nobody publicly talks about government financial matters. And is probably why everything is completely fooked in the last several years.
If you ever wondered how they were going to renege on everything when the time came, look around, look at current events, look at the shitshow at the last few years. They are just getting warmed up.
preaching to choir lol
thanks anyways
> “Imputed rent” - that’ll just have to do.
a friend rents to a dermatologically challenged family. they moved in about two decades ago. the property manager has continually resisted the notion of raising the rent, which according to turbotax is about half or more of what it should be, because the current renters are “good.” The friend thinks that what the PM means by good is “good enough under the circumstances.” There is pain in raising the rent prices— the renter might trash the place out of spite rather than agree to a rent hike, even if more than justified. And that does not count the bug era rate (iow, effectively rent free to renters who are work ethic challenged). i know a renter in NYC who has not moved in 40 years and pays the same rent as he did when he moved in (a magic deal, but very fortuitious for a NYC artistic type). anyways, this leads me to believe that rent is one of those “elastic” costs, or income streams. they might not move right away under stress, but they will suddenly snap back to realistic values at semi-random times after the stress is applied... maybe in a good way for some (renters) but in a not-so-good way for others (landlords). etc.
That 1980-Based CPI chart is pretty realistic and accurately reflects the CURRENT ACTUAL inflation rate, IMHO. In six short months of Biden & crew’s governance our nation has been driven into Jimmy Carter’s inflation range… except we now (June 2021) have a national debt of $28.5 Trillion instead of the $908 Billion (billions… not trillions) that Jimmy had in 1980.
God help us!
bitte nicht berühren, humblegunner ist mein eigener Privatzensor
:)
:-) :-)
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