Skip to comments.
Wholesale inflation fell 0.1% in December, up 1% for 2023
Breitbart ^
| 01/12/2024
| UPI
Posted on 01/12/2024 7:52:14 AM PST by ChicagoConservative27
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-24 next last
Comment #1 Removed by Moderator
To: ChicagoConservative27
Are prices now going to decline to get us back where we were when President Trump was cheated out of his second term?
2
posted on
01/12/2024 7:54:01 AM PST
by
ProtectOurFreedom
(“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
To: ProtectOurFreedom
Are prices now going to decline to get us back where we were when President Trump was cheated out of his second term?No, they just won't go up as fast.
3
posted on
01/12/2024 7:56:49 AM PST
by
1Old Pro
To: ChicagoConservative27
“Wholesale inflation fell 0.1% in December...”
Someone should tell my grocer.
4
posted on
01/12/2024 7:57:56 AM PST
by
fwdude
(.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
To: 1Old Pro
Guess I needed a “/s” or “jk” tag, didn’t I?
5
posted on
01/12/2024 7:59:30 AM PST
by
ProtectOurFreedom
(“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
To: fwdude
No kidding-—or the restaurants. Eating out used to be common place for all-—now it’s more of a “upper middle” class than can afford to eat out.
To: ChicagoConservative27
Consumers don’t have confidence in Joe’s economy. Deinflation next?
To: ChicagoConservative27
Wholesale inflation was up only 1% for all of 2023. This is really good news!
And now a word from George Carlin:
8
posted on
01/12/2024 8:04:48 AM PST
by
Leaning Right
(The steal is real.)
To: Leaning Right
Carlin nailed a lot decades ago about where this country was headed.
9
posted on
01/12/2024 8:06:39 AM PST
by
CatOwner
(Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
To: mikelets456
No kidding-—or the restaurants. Eating out used to be common place for all-—now it’s more of a “upper middle” class than can afford to eat out.A nice restaurant you used to be able to be out the door at $125-$150 for 2, now it is well over $200 with drinks. So even people who can afford it are scaling back. I suspect we'll see an impact on the Restaurant Industry is some way.
10
posted on
01/12/2024 8:07:39 AM PST
by
1Old Pro
To: ProtectOurFreedom
Audit the BLS figures — first chance you get.
To: ProtectOurFreedom
Really? Inflation is a measure on how much prices are going up.
Low inflation means prices are not going up as fast.
If prices were going down, we would have negative inflation. We don't have that.
Excuse me if I don't believe these numbers.
12
posted on
01/12/2024 8:11:04 AM PST
by
BitWielder1
(I'd rather have Unequal Wealth than Equal Poverty)
To: ProtectOurFreedom
That’s just one tiny piece of the inflation puzzle. Looks like general inflation will rise again soon. Another rate raise would not be a surprise but the situation is fluid due to so many possible inputs and influences, including armed conflicts.
Wholesale prices paid by companies decline slightly but wages are up, and that alone could flip that inflation number positive.
13
posted on
01/12/2024 8:29:32 AM PST
by
SaxxonWoods
(Are you ready for Black Lives MAGA? It's coming.)
To: fwdude
1. Lies
2. Damn Lies
3. Statistics
14
posted on
01/12/2024 8:50:29 AM PST
by
Jan_Sobieski
(Sanctification)
To: ProtectOurFreedom
15
posted on
01/12/2024 8:54:17 AM PST
by
bertmerc1
(Conservative Buddhist)
To: 1Old Pro
Yep. Took my son out for dinner last week. One shared appetizer, two beers, and two Beef Tenderloin entrees. With tip, $215. It used to be a regular thing for us when you could get two out the door for $75 - $80. Now it’s maybe four times a year. The restaurants have to be hurting.
It’s gotten SO bad in the past five years. It’s going to get a LOT worse, too, with this horrendous, out-of-control, fiscally irresponsible federal government.
I spent the last 45 years scrimping and saving to make it to retirement and all my planning was predicated on annual inflation below 4% just as it’s been post-Reagan through Trump.
Paying people FIVE TRILLION DOLLARS to sit on their asses for two years and produce nothing really screwed the whole country.
We are going to be paying that COVID price for a LONG time.
16
posted on
01/12/2024 8:54:40 AM PST
by
ProtectOurFreedom
(“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
To: ProtectOurFreedom
17
posted on
01/12/2024 8:58:57 AM PST
by
bertmerc1
(Conservative Buddhist)
To: bertmerc1
LOL...who ARE those 34%?? Who the hell is “better off”? Maybe the new freeloaders who went on the dole the moment they snuck into the USA?
“Here, Jose and Maria...your new phone, your new EBT card, your new apartment, your free health care, your SNAP payments. Are you better off than you were in the old country?”
18
posted on
01/12/2024 9:01:28 AM PST
by
ProtectOurFreedom
(“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
To: ProtectOurFreedom
Producer Price Index measure of wholesale inflation, seasonally adjusted, IOWs, produced by a gubmint agency, adjusted with a special sauce that removes any bias caused by what consumers pay for their daily keep this year as opposed to a year ago.
To: ProtectOurFreedom
"LOL...who ARE those 34%??"
Those are hard core Rats
20
posted on
01/12/2024 9:37:20 AM PST
by
bertmerc1
(Conservative Buddhist)
Navigation: use the links below to view more comments.
first 1-20, 21-24 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson