Economy GOP back to Inflation worries. "Hyperinflation" (Update: 2022 Inflation Highest in 40 Years)

[GoldenWolf87]

Biden’s commerce chief ‘confident’ inflation will be short-lived
The Biden's Commerce Chief seems to b clueless. Economists are saying that this inflation is likely to stay for longer.

 

[Rob Battisti]

April 2021 on the table referenced in the bet notes wouldn’t be used. It’s May 2021 to May 2022. The notes even reference May 2021 was 5%. I don’t think you guys are that far apart in what you said aside from being disappointed about the lap month.

I’m ok with a 1 month lap, even if I made the mistake, I’m not ok with a 2 month lap.


May 2021 5%
June 2021 5.4%
July 2021 5.4%
August 2021 5.3%
September 2021 5.4%
October 2021 6.2%
November 2021 6.8 %
December 2021
January 2022
February 2022
March 2022
April 2022
May 2022

Can we agree the reports from those months are the ones that will be reviewed? @Jack V Savage despite my error, I won’t press to get the month back, but you’re not getting 2 months.

 

[Lead]

I’m ok with a 1 month lap, even if I made the mistake, I’m not ok with a 2 month lap.

May 2021 5%
June 2021 5.4%
July 2021 5.4%
August 2021 5.3%
September 2021 5.4%
October 2021 6.2%
November 2021 6.8 %
December 2021
January 2022
February 2022
March 2022
April 2022
May 2022

Can we agree the reports from those months are the ones that will be reviewed? @Jack V Savage despite my error, I won’t press to get the month back, but you’re not getting 2 months.

Those are the months I would be using, yes. Again, I think Jack was saying April is when the spike occurred so April 2022 will be a good month for him. It’s lapping in the sense of when the spike occurred (March 21 was 2.6, April was 4.2), not lapping meaning two Aprils are in the bet range.

Further bet talk should be handled in the bet thread though. I don’t usually like to chime in on this stuff while the bet is in process and it’s useful to have any of those conversations on the same place.

 

[Jack V Savage]

Uh no. I just complimented you for being a good sport. Now you’re suggesting the deal wasn’t for 12 months starting in May 2021? I honestly wasn’t going to give you a terrible sig but … really? This is the move?

???

 

[Jack V Savage]

Really confused by this. I thought the bet was super clear.

 

[Rob Battisti]

???

move to the bet thread

 

[GoldenWolf87]

Really confused by this. I thought the bet was super clear.

I think mods should move that post to a betting thread or MMA section?

 

[cottagecheesefan]

Seems like each week the numbers get worse

 

[rob mafia]

9.6% ppi

 

[cottagecheesefan]

hate not being able to edit. Meant to add this as well

 

[ShadowRun]

 

[ShadowRun]

hate not being able to edit. Meant to add this as well

 

[cottagecheesefan]

lol so true. It is getting so bad you have even Musk and Dorsey starting to call these clowns out. I guess I should add musk's comments to the build back better thread







And of course the 2.5 trillion will certainly solve all this, m i rite?

 

[ShadowRun]

lol so true. It is getting so bad you have even Musk and Dorsey starting to call these clowns out. I guess I should add musk's comments to the build back better thread







And of course the 2.5 trillion will certainly solve all this, m i rite?

Yea such incompetent leaders ..

 

[White Whale]

https://www.entrepreneur.com/article/402368
Bloomberg telling people to spend their checks as soon as they get then is basically saying they think hyperinflation is coming.

 

[west42]

nO moor mEan twEEtz!

 

[Staph infection]

Wow, look at Biden setting records...first for Executive Orders and now for wholesale price increases



Wholesale Prices Rise 9.6% In Year-Over-Year Average, Record Setting Increase

The United States Department of Labor announced more troubling news for the Biden administration as wholesale prices of consumer goods rose 9.6% year-over-year from November 2020-November 2021, setting a record since the department started tracking these figures in 2010.

also
The Bureau of Labor Statistics announced last week that inflation rose at a 6.8% pace last month — the largest year-over-year increase since June 1982. Households are grappling with significantly higher price levels in staples such as gasoline, food, vehicles, electricity, and apparel.
https://www.dailywire.com/news/whol...ear-over-year-average-record-setting-increase

Move over "ma'am", Biden be breaking records more than you

but but but unemployment.....which measures people ACTIVELY looking for employment...not those loafing around on government handouts.

Who is that tasty treat?

 

[cincymma79]

Jack assvage said this isn’t inflation. It’s just prices being more than they were. Totally different

 

[Rob Battisti]

May need to start placing my shorts ASAP

 

[Rygu]

Wow double shitty for people with massive student loan debt. They have to pay their student loans off after all and they get to face a 40 year high month for inflation. they'll still vote D, almost like a sadomasochistic self harm fetish.