CPI jumps 5% in May of 2021, fastest since 2008

[ClaytonB]

 

[oyarde]

new inflation report out tomorrow from propaganda ministry as we settle into yr 3 of third world inflation , US producer prices increase in Apr

 

[acptulsa]

 

[Occam's Banana]

https://x.com/LibertyLockPod/status/1791026532158247228

 

[Occam's Banana]

//

 

[Occam's Banana]

https://twitter.com/RAZ0RFIST/status/1581222850022674432

https://x.com/BobMurphyEcon/status/1791211493733601574

//

 

[acptulsa]

 

[Occam's Banana]

THREAD: Federal Reserve study proves Biden is lying about inflation

 

[ClaytonB]

 

[oyarde]

inflation about as low as it is going to get now due to oil being low without a complete collapse , will fed announce first 1/4 point cut ? Govt ministry will say 3 1/3 percent , isnt going to 2. today is fed day, unemployment already over 4 percent.

 

[oyarde]

Median list price of avg home increasesd in 70 pecent of US counties May 2023 to May 2024 w/ a median increase of 22K. Median price was 444k in May 2024 , 75k over avg median income ability to buy according to redfin data , I say way more over considering median income under 40k. On brite side , all numbers given are reported as improvements ( over previous yr I guess). 22K is an improvement yearly at around 5 percent , past 24 years avg is 6.67 percent on new median. So inflation went from 7 to 5. I know all of youve been getting 8 to 11 percent raises ea yr past 2 1/2 decades to stay almost even w/ inflation ( meaning in five yrs went from 60k to over 100K and same for anoter 20 yrs). Zillow suggesting 128k down payments to make typical more affordable, I say no way, still financing 316k at 7 percent on yer 40K salary ? Ridiculous

 

[oyarde]

National debt clock on pace to exceed 56 trillion in next decade

 

[oyarde]

Federal budget deficit forecast blows up , up 400 more billion

 

[pmbug]

... and it will probably still be under the actual.

 

[Madison320]

The markets sure have been quiet for awhile now.

 

[oyarde]

The markets sure have been quiet for awhile now.

Silver looks to be steadying up at 29 and gold at 2320

 

[oyarde]

Unemployment 4.1 percent and rising , is fed waiting for 4 1/4 percent unemployment before 1st cut of 1/4 point ?Ive been convinced feds got no idea wat it is doing . No real improvement yet

 

[oyarde]

Workforce participation still only 62.6 percent, debt gonna keep on cooglin

 

[oyarde]

Silver got to 31.52 earlier before dropping to 31 1/4 , gold 2392.10 . Gold getting ready for first couple 1/4 point Fed cuts , takes off after

 

[ClaytonB]