Posted on 02/09/2024 7:14:03 AM PST by zeestephen
The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched revisions the government released Friday...[Other business news sources are reporting that the CPI was revised UP +0.1 in October and UP +0.1 in November - so - 4th Quarter 2023 CPI is UP +0.1 MORE than originally reported!]
(Excerpt) Read more at cnbc.com ...
Well my car insurance is up 30% this quarter and my home owners insurance is up 60%, $600, but whatever you say government.
(If I keep rolling my eyes that hard they're gonna get stuck that way...)
Anyone who brings up “core inflation”, is an economic charlatan IMO.
It’s like a “spending cut” is a decrease in the rate of increase in spending.
Not where I buy groceries.
Is inflation somehow better. Taxation without representation.
When the central bank targets 2% yearly inflation as the "sweet spot" it will always be the case. Some products and sectors may come down, like electronics and such, but that is due to technological advancements and cheaper manufacturing costs, etc...
When I was a working man(for wages) I was never guaranteed a yearly 2% wage increase! Why the fuck do these Democrats think an inflation is normal?
It is still horrible.
No price reduction happening here in Los Angeles gas is still at $4.47 food prices are still climbing.
Grab ankles
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