Inflation

awheelterd said:
You've eventually got to pay the Piper.

www.cnbc.com

Fed can't tame inflation without 'significantly' more hikes that will cause a recession, paper says

The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according to a research paper.
www.cnbc.com www.cnbc.com
Click to expand...
"Fed Governor Philip Jefferson released a reply to the report, saying the current situation differs from previous inflation episodes. He noted that this Fed has more credibility as an inflation-fighter than some of its predecessors."

Spoken like a whiny, ignorant teenager. :shaking:
 
jeepinmatt said:
Spoken like a whiny, ignorant teenager. :shaking:
Click to expand...
or any politician, or economist.
"Trust us, unlike the last guy, we know what we're doing."
 
RatLabGuy said:
or any politician, or economist.
"Trust us, unlike the last guy, we know what we're doing."
Click to expand...
Yeah, but anyone who works for the Fed already is a politician and economist, so that is redundant. ;)
 
Loganwayne said:
Went to the chicken and small animal auction today for the first time in a few years. Boy has it changed lots of non local people. Eggs selling for 35.00 a dozen and chickens were 75.00 a piece. I about shit myself
Click to expand...
Ive heard that locally chicks are selling for $10, hens for $25-50, and roosters for $20-30. The fact that roosters are selling tells me that its a bunch of newbs blowing money.
 
paradisePWoffrd said:
Ive heard that locally chicks are selling for $10, hens for $25-50, and roosters for $20-30. The fact that roosters are selling tells me that its a bunch of newbs blowing money.
Click to expand...
Meanwhile the price of eggs is already coming back down o something reasonable (at least compared w/ everything else) so all these folks getting into raising them now aren't going to be rolling in the bucks like they hope
 
RatLabGuy said:
Meanwhile the price of eggs is already coming back down o something reasonable (at least compared w/ everything else) so all these folks getting into raising them now aren't going to be rolling in the bucks like they hope
Click to expand...
yep. We got chickens a couple years ago. I sold a few dozen eggs here lately just because there was a demand. Guess Ill go back to giving away a dozen now and again.
 
JSJJ388 said:
yep. We got chickens a couple years ago. I sold a few dozen eggs here lately just because there was a demand. Guess Ill go back to giving away a dozen now and again.
Click to expand...
Easter is coming....
 
RatLabGuy said:
Meanwhile the price of eggs is already coming back down o something reasonable (at least compared w/ everything else) so all these folks getting into raising them now aren't going to be rolling in the bucks like they hope
Click to expand...

JSJJ388 said:
yep. We got chickens a couple years ago. I sold a few dozen eggs here lately just because there was a demand. Guess Ill go back to giving away a dozen now and again.
Click to expand...

Yup, and they will be sadly mistaken that even at the inflated prices, they arent making money selling eggs. Our layers are older, and took the winter off... they started back with a vengeance, but by the time i have a surplus no-one will want to support local anymore.
 
www.cnbc.com

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis.
www.cnbc.com www.cnbc.com

1678798380910.png
 
Last edited:
Last edited:
RatLabGuy said:
Encouraging - but rmember folks, that doesn't mean prices are coming down, it jut means they are going up less quickly.
Click to expand...
Inflation on inflation is fiduciary success if you work for the government! (No offense @RatLabGuy )
 
Ya'll hush on the eggs. Right now our support their own feed and pay for our two dogs and two cats feed. I call that a win. We average 8 a day and usually keep a dozen or less for us a week.
 
RatLabGuy said:
This is pretty neat
Click to expand...
1. There's no way that housing number is right. (But maybe. Stuff was stupid in 08 too.)
2. Clearly I should have invested in hospital companies instead of TV companies. Thing is, in 2008, there weren't so many hospital companies. Thanks Obama!
 
RatLabGuy said:
This is pretty neat
Click to expand...

Since I was a young/broke lad in 08...I don't really have a point of reference...but apparently I'm interested in the wrong things. I keep hearing 8-9% inflation, but I swear the last 2 years, it has cost me twice as much in bills.
 
Back
Top