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2022-05-12 Economy

Latest Inflation Numbers Released, Surprising Economists

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Posted by Besoeker 2022-05-12 02:50|| || Front Page|| [11128 views ] Top

#1

While the DC Swamp is filling other nations and special interest groups pockets with $$$$$.

They should remember 8.9% is big chuck for a retiree / fixed income to live w/o until the next COLA.

They might want to remember their Wuhan Virus did not kill as many fixed income and retiree voters they planned on.

Posted by NN2N1 2022-05-12 07:15|| 2022-05-12 07:15|| Front Page Top

#2 Just a very basic knowledge of economics would be helpful. But I'm not holding my breath.

Posted by Tom 2022-05-12 07:36|| 2022-05-12 07:36|| Front Page Top

#3 doubt many economists were really surprised by the inflation numbers

what is surprising is some of the other metrics, e.g. productivity (in the toilet at -7.5% for Jan-Mar2022)

The EU had about 7.8 YoY in March, only a little better than the USA.

Posted by Lord Garth 2022-05-12 09:27|| 2022-05-12 09:27|| Front Page Top

#4 'Surprising' is this month's 'unexpected' economic news.

Posted by Raj 2022-05-12 09:39|| 2022-05-12 09:39|| Front Page Top

#5 Think about all the Weber grill propane costs we'll save when hamburger finally reaches $39. per pound.

Posted by Besoeker 2022-05-12 09:43|| 2022-05-12 09:43|| Front Page Top

#6 all the Weber grill propane costs we'll save

You'll need it for heat.

Posted by Skidmark 2022-05-12 10:56|| 2022-05-12 10:56|| Front Page Top

#7 Anyone surprised is a shill, not an economist.

Posted by swksvolFF 2022-05-12 11:29|| 2022-05-12 11:29|| Front Page Top

#8 What me worry? My first mortgage in 1972 had a 13.5%, 30 year interest rate.

Posted by Papa Cooky 2022-05-12 12:30|| 2022-05-12 12:30|| Front Page Top

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