Inflation Down Again: Under 3% Now

[Harpy Eagle]

You actually think people that were living pay check to pay check before and now have been forced to absorb another $11,000 in expenses are wasting their money on 6 dollar coffee and Door Dash meals? And people actually believe that liberals care about working people! (eye roll)

Not any more they are not. But chances are they were.

I am not a liberal, but yeah I am not real big in the fake sympathy thing....but hey, it is a good look on you.

 

[Lesh]

Oooops......

So you just admitted to being a hack.

lol. Nice try. Nope

People (unlike yourself) can read

 

[Lesh]

The rate of INCREASE keeps dropping...inflation is still going up. The cost of most things are up almost 20% and those costs are STILL going up!

As long as there is GDP growth there is inflation dumbass.

When have we not had inflation and what were things like then?

 

[Lesh]

A better question would be, is inflation of almost 20% healthy for any normal family's budget? The Biden/Harris administration's economic policies have cost the average family an estimated eleven thousand dollars plus per year to buy the same things they were buying before Biden/Harris took office.

20% inflation is not healthy and we have not had that in our lifetime…

 

[HikerGuy83]

20% inflation is not healthy and we have not had that in our lifetime…

That's a rate of inflation you moron.

Grocery prices are well above 20% greater over two years.

 

[Lesh]

That's a rate of inflation you moron.

Grocery prices are well above 20% greater over two years.

Inflation is not figured that way and your numbers are of course (as always) way off

Being the admitted liar you are..

 

[HikerGuy83]

Inflation is not figured that way and your numbers are of course (as always) way off

Being the admitted liar you are..

Hiding from it does not make it go away.

https://www.npr.org/2024/07/12/nx-s1-5037875/inflation-food-prices-grocery-supermarket-wages

Funny how that works.

While I know you are ignorant, I also know you have no devotion to the truth.

IOW: You are fabricator.

 

[HikerGuy83]

Prices are still way higher than two years ago.

But the rate of inflation is low.

Lesh's head is up..........................his ass.

 

[Harpy Eagle]

That's a rate of inflation you moron.

Grocery prices are well above 20% greater over two years.

Liar

 

[HikerGuy83]

Liar

Really ?

I guess NPR was lying.

And so are my eyes.

Cranberry Juice Cocktail used to be 2.78. Is now 3.98. Who knew.

 

[Harpy Eagle]

I guess NPR was lying.

 

[HikerGuy83]

Post 107

 

[Harpy Eagle]

Prices are still way higher than two years ago.

But the rate of inflation is low.

Yes.

The inflation rate was high 2 years ago.

Now it is not.

What part of this is confusing for you?

 

[HikerGuy83]

Yes.

The inflation rate was high 2 years ago.

Now it is not.

What part of this is confusing for you?

I told him what he was quoting he rate of inflation.....which is low.

He's got his head in the sand (more likely in his ass) over what has happened in the last three years.

 

[Harpy Eagle]

Post 107

Nothing in there about grocery prices being well above 20% greater over two years.

 

[Lesh]

Prices are still way higher than two years ago.

But the rate of inflation is low.

Lesh's head is up..........................his ass.

2.9 inflation is historically low

Sorry jackass

 

[HikerGuy83]

2.9 inflation is historically low

Sorry jackass

Did being stupid come naturally to you, or do you work at it ?

 

[Harpy Eagle]

Did being stupid come naturally to you, or do you work at it ?

View attachment 996337

Yet, what he said was correct.

U.S. Inflation Rate by Year: 1929 to 2024

By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.

www.investopedia.com

The average inflation rate since the year I was born, 60 years ago, is 3.94%

 

[HikerGuy83]

Yet, what he said was correct.

U.S. Inflation Rate by Year: 1929 to 2024

By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.

www.investopedia.com

The average inflation rate since the year I was born, 60 years ago, is 3.94%

I didn't argue that point.

 

[Freedomisneverfree]

CPI Inflation Report: July Data Falls Below 3% for First Time Since 2021; Housing Costs Surge; How the Release Affects the Fed

Follow live coverage and analysis of the July Consumer Price Index report, released earlier this morning today.

www.barrons.com

Inflation keeps dropping

In fact it will likely trigger a Fed rate cut

Way to go Joe

What about groceries? Eggs are UP again! 6 eggs over $2. How are you going to fix the grocery and meat prices I can't afford?