US Core inflation level lowest in 3 years

Amazing what happens to inflation when you don't calculate any expense that is felt in the course of everyday life.

 

I’m about to grab some winter rye as well. Good to know.

 

My pt/arg is as it has been from the get go. Use monetary policy to control general prices levels. In the case of inflation, raise rates, reduce inflation. HARD STOP. If you want to keep getting deeper in the big muddy by "exchanging points" you can just paste this in as my reply each time.

 

I bet you feel better too! lol

 

Why can't you guys just put it in real world terms, the huge price increases we've seen the past few years are starting to level off?

 

YOUR graph shows inflation rising faster than wages for nearly 2 years from about March 21 to about Jan 23. Now we have a few flats months, and everything is now grand? A ton of folks are still trying to climb out of the debt they created for those 2 years. You just keep posting graphs that tell us how great things are and that Biden is the economic genius. The rest of us will live in the real world.

 

Coke stated over a year ago as long as consumer behavior didnt change they wouldn't adjust their pricing and increased them at that time. Aluminum prices received the biggest blame yet beer prices and off brand sodas didn't increase at nearly the same clip.

Diet coke was one of my guilty pleasures but we have since moved to off brand when we even bother keeping it at the house at all. We have dropped a lot of the more unhealthy foods due to price increases.

 

12 pack of Diet Coke was priced yesterday at Kroger in north Atlanta at $8.99. Which is insane.

 

My advice would be to quit drinking Diet Coke.

 

I understand math just fine and understand your graph just fine, do you? Yes, current is inflation is about flat to 2 years ago. It's just that big ass mountain of inflation in the middle that increased the base by nearly 20 % that we all live with every day!

 

By your reasoning we live with that mountain of inflation from the late 70s every day too!

 

Really!!! Why bother with you guys? Yes, in several to 5 to 10 years it will not make a difference. But today everyone is looking at how they paid 20-30-40% less just 2 years ago.
Do you guys get out much with any common people and actually talk to and interact with them or are guys just stuck ion the keyboard for any social interactions?

 

it seems this pt shoulda been saved for an instance where the textbook ans didn't work, unlike here.

 

Real wages are about the same as they were 2 years ago too.

 

Consumer debt service has increased. Why is that good?