Over the last year oil and gas inflation has been double digits. Since all of our food and Chinese shit is delivered by trucks who use diesel, inflation is now seeping into all goods. Do these charts match the bullshit BLS inflation number of 2.1% over the last year? This doesn’t include the raging inflation in healthcare and rents/home prices.
Crude Oil
Heating Oil
Unleaded Gas
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It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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You are correct…the real inflation is running at 8-10%. BLS = BS.
http://www.shadowstats.com/alternate_data/inflation-charts
Just a few years ago gas & diesel were $4.25-$4.75 per gallon. We never heard abour deflation as prices slipped back down to $2.00. Seeing gas recently move from $2.35 to $2.65 does not seem like big-time inflation, maybe call it re-flation.
commodity prices have nothing to do with inflation but are rather market driven. Inflation is an increase in the supply of money relative to the supply of goods. period. Because it is measured in the costs of things, it only makes sense over a period of time. Really a year isn’t even enough unless the inflation is severe enough that it becomes obvious.
So if you end up paying more and more for something, say bread or even pork bellies or pig iron, that isn’t the result of inflation and has nothing to do with it?
Commodities are real things that real people buy.
Maybe you didn’t mean it that way?
I meant it as I wrote it. Some things have become much cheaper over the years. Televisions, cell phones, phone service, computers… If inflation is rising prices, splain’ that…
You mean OUR government is lying to us??? Heaven forfend!
I guess it could be that they made a mistake-Hey we all make mistakes. Or they’re trying to string out old farts like me by screwing us on our social security cost of living adjustments like the filthy cocksuckers they are.
I’ll think it over and get back to ya.
The market seems to be handling inflation well, currently up about 175 instead of a down trend based on the threat of rising Fed interest rates to combat inflation.
Where were you and your happy talk last week when it was down 2,000 points? You’re a non-thinking shill.
I commented on the market reaction to it, not is current or past values, which is where inflation fears among investors usually show up as losses. That’s something everyone with any degree of financial knowledge pays attention and responds to in his investment activity.
I take it you don’t bother thinking much about what was said before you post a reply?
FWIW, the markets always go both up and down, the higher they are the more they swing when they move either way. It’s percentages that count more than anything when making an evaluation.
Pay attention to the MA, along with daily volume trending, if you want to make an investment and you’ll do far better in the long run than you will making investments based on wishful thinking.
What a load of drivel from the shill. What was the market reacting to last week mr. investing guru? You boobs always have an answer after the fact as if MA is some magical line in the sand. When the markets go crashing below the MA, you’ll have some bullshit excuse for why that happened. You assholes bore me.
Can’t we all just pretend the government numbers are correct?
If we all pretend, the markets wont panic and we will still be king’s sitting on top of the US Petro Dollar, forever.
So, please stop yelling the truth and quiet down, we are trying to sleep here.
ELD’s are currently your MAJOR driver of transportation related cost increases – by far. They kill productivity….I think the CSA rules enforced by the DOT, are designed to to just that.
Why sure it is that is why the fed wants to raise rates. Because the economy is doing great, wage growth, corporate pricing power, low unemployment….and then they say we only have 2.1% inflation….no lies here. None at all. But they forget we see them raising rates to tame inflation. All lies everywhere. No price discovery. They need rates up so they can tame the mkt then lower rates. This is how the elite club makes their money. The cycle of boom n doom and you ain’t in that club but you will pay your dues with your 401k again when it becomes a 201k.