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Inflation up 3.2% YOY in October, beats estimates
Archived Message
Posted by Carl Spackler
on November 14, 2023, 8:12:57
https://x.com/byheatherlong/status/1724419826624368879?s=46&t=PK4q4J8N-OYM63HtUwy-PQ
Message Thread:
Inflation up 3.2% YOY in October, beats estimates
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Carl Spackler
November 14, 2023, 8:12:57
NYT: a shift in economic thinking is underway
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ATL
November 16, 2023, 6:40:21
Home Depot on its earnings call sounds a positive note on the economy
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ATL
November 15, 2023, 19:52:42
Relevant FT article about US performance vs world and US economy in general
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reggiedunlop
November 15, 2023, 12:08:12
Here's a Justin Wolfers thread on the report
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reggiedunlop
November 15, 2023, 10:18:40
there is no rake.....
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suburbanmyth
November 14, 2023, 21:25:47
best economy in the world*
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gvibes
November 14, 2023, 12:35:47
whenever i see these, i want to try to put it in context of how other countries are doing.
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VIV
November 14, 2023, 9:19:29
Don't worry, Mr. Fiscal Responsibility is going to come back and fix those countries too.*
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Warrin'_Illini
November 14, 2023, 9:22:17
We're doomed. *
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doubledown
November 14, 2023, 8:45:32
Best economy ever*
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bigbop85
November 14, 2023, 8:22:06
well, the US has the best economy in the world right now, of that there is little doubt*
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cpsteine
November 14, 2023, 12:14:07
...and that's why this is bad for Joe Biden*
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KCWildcat
November 14, 2023, 8:21:06
in fact yes, 3.3% inflation over October 2022 inflation of 7.7% is in fact, bad*
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bigbop85
November 14, 2023, 8:59:41
Some additional context/perspective:
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Tortillini
November 15, 2023, 10:06:43
Great context*
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snipes824
November 15, 2023, 10:40:25
What?
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Blazer
November 14, 2023, 12:51:50
WTF are you talking about*
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cpsteine
November 14, 2023, 12:11:23
LOL*
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ATL
November 14, 2023, 9:04:16
Cannot be satisfied until we have deflation. I wonder why the right is hoping for this*
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John Coctostan
November 14, 2023, 9:11:54
same people who wonder "why do Americans not like this economy? why is Biden behind Trump in every..
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bigbop85
November 14, 2023, 9:18:50
most americans (like you) don't care to put things in context
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VIV
November 14, 2023, 9:22:31
ahh yes, it's America thats out of touch
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bigbop85
November 14, 2023, 9:27:36
ooooo
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Blazer
November 14, 2023, 12:53:43
i'd go more for willfully ignorant, purposefully uneducated, or fundamentally incurious.
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VIV
November 14, 2023, 9:33:34
So you really do think that someone who's income isn't keeping up with life costs
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bigbop85
November 14, 2023, 9:36:12
Let's revisit this thread when the Cubs announce their ticket prices for 2024
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LWillhite
November 14, 2023, 9:54:57
They've already been announced, they are up 3%
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bigbop85
November 14, 2023, 10:10:01
That makes sense
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LWillhite
November 14, 2023, 10:17:12
we announced this years rates in August with the postseason invoices*
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bigbop85
November 14, 2023, 10:21:53
[glass]People who raise prices 3% complaining about 3% inflation. [/houses]*
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complainant
November 15, 2023, 10:54:41
i love that you always lean on these little imaginary vignettes.
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VIV
November 14, 2023, 9:42:53
It's not anecdotal, every survey done for the last year plus shows Americans dissatisfied
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bigbop85
November 14, 2023, 10:07:06
you're specifically asking me to react to the hypothetical emotions of "someone"
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VIV
November 14, 2023, 10:10:25
the facts of 3.3% inflation on top of 7.7% inflation is a pretty in your face fact
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bigbop85
November 14, 2023, 10:13:30
ON TOP OF THE 148% INFLATION WE'VE SEEN SINCE REAGAN LEFT OFFICE
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VIV
November 14, 2023, 10:24:50
and given the desire for a "soft landing", it would be bad to be shooting for 2% right now.
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ghost_of_clt
November 14, 2023, 10:53:59
Somewhat tangential to Bops point though...
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haighter
November 14, 2023, 10:33:35
i agree. *
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VIV
November 14, 2023, 10:38:15
Agreed. But you jump to fault, of dems of course. Which is absurd given global inflationary pressure
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Desert
November 14, 2023, 10:19:03
I've never said that inflation was entirely Biden's fault, it's not
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bigbop85
November 14, 2023, 10:29:43
you're certainly linking it to him here
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VIV
November 14, 2023, 10:37:43
yes correct, I am linking record modern inflation to the sitting President
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bigbop85
November 14, 2023, 10:42:50
Also without the bills Trump passed but hey*
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gvibes
November 14, 2023, 12:36:28
what inflation numbers this month would you consider "good"?*
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VIV
November 14, 2023, 10:47:38
Relative to when?
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bigbop85
November 14, 2023, 10:53:26
year over year. y'know, how it's calculated?*
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VIV
November 14, 2023, 12:03:21
spiking the football over 3.3% inflation
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bigbop85
November 15, 2023, 10:27:59
jumping back in the thread just to dodge the question again. perfect.
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VIV
November 15, 2023, 10:29:49
less than 3%, more than 1.5%
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bigbop85
November 15, 2023, 10:31:53
but that still would be 9.2 to 10.7 since 2021.*
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VIV
November 15, 2023, 10:46:51
correct, the 9% inflation under Biden was really, really bad!
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bigbop85
November 15, 2023, 11:02:03
so you'd still be complaining. thanks for proving my point.
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VIV
November 15, 2023, 11:06:17
yes, I'll continue to throw cold water on people who think the economy is great under Biden*
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bigbop85
November 15, 2023, 11:41:25
keep tilting at those windmills*
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VIV
November 15, 2023, 13:21:06
though
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VIV
November 14, 2023, 12:10:41
did i ever get an answer to my question?*
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VIV
November 15, 2023, 9:58:02
I think he's saying he wants government to control corporate prices+profits for inflation reduction.
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ghost_of_clt
November 14, 2023, 9:48:42
A deborking of antitrust jurisprudence would go a long way. But that ship has sailed. *
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doubledown
November 14, 2023, 9:51:30
Yeah, the explicit goal and result of generations of Republican policy…
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DT
November 14, 2023, 10:50:29
LOL*
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ATL
November 14, 2023, 9:19:17
More importantly, he stepped on the "because he doesn't read" rake again*
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ATL
November 14, 2023, 9:18:11
i understand that simply backing out of your garage is a difficult task
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bigbop85
November 14, 2023, 9:31:34
It’s pretty clear from this thread that the person who doesn’t Understand is the one that doesn’t
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ATL
November 14, 2023, 9:49:09
if we could just be like china.
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VIV
November 14, 2023, 9:13:05
Dots
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Carl Spackler
November 14, 2023, 8:26:07
Searching