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Lolololol. If there's every been more dispositive proof of how stupid the "It's the Price of Eggs!!!" talking point has always been, I've never seen it.
Compared to 2022, the inflation rate is only a third of that spiked rate, but it does look like we are seeing wholesale impact of the tariffs settling and being factored into pricing (the portion attributable to tariffs is not true inflation from an economic perspective — increases attributable to tariffs are an artificial increase from tax/government policy, not truly inflationary supply/demand pressure, though beef certainly has separate supply/demand inflation issues).
Yep inflation is back, big time. But this time, it brings a Stag along with it. Thanks idiot voters.
The impact of the tariffs is just starting to build. We should probably expect more increases.Compared to 2022, the inflation rate is only a third of that spiked rate, but it does look like we are seeing wholesale impact of the tariffs settling and being factored into pricing (the portion attributable to tariffs is not true inflation from an economic perspective — increases attributable to tariffs are an artificial increase from tax/government policy, not truly inflationary supply/demand pressure, though beef certainly has separate supply/demand inflation issues).
Maybe the real life cartoon mob boss this country elected president can extort those companies to “eat the costs”.The impact of the tariffs is just starting to build. We should probably expect more increases.
So many own goals and self-inflicted wounds with this administration, and we have 3 1/2 more years of this.
Yeah, PPI (sometimes aka wholesale CPI) is broader than CPI and measures price increases at the production level. It also includes more stuff than products headed for retail (like services), while CPI measures changes in what consumers were paying for retail items last measurement period in sampled areas (urban).I'm not an economist, but isn't the PPI considered a predictor of the inflation to come as opposed to CPI which is considered a lagging indicator of inflation ?
I will be interested to see where things are in October as we head into the holiday season.
I have had several friend with 40ish type Kids that jumped right into IT jobs out of college All of them work for large contractors that do work for the Dept of Defense..I think about their future careers when I see posts like this...Don't get me wrong I think about aGDevil2k also.......Tech firms have been leading the cuts for 4 years straight. I swear if I can just get these next 11 years done, I almost want to wish part of my life away to get out and get to retirement
I just heard one of the hosts on CNBC say that 80% of this increase was attributable to services (haven’t verified). That wouldn’t seem to be driven by tariffs.Yeah, PPI (sometimes aka wholesale CPI) is broader than CPI and measures price increases at the production level. It also includes more stuff than products headed for retail (like services), while CPI measures changes in what consumers were paying for retail items last measurement period in sampled areas (urban).