Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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Inflation DECLINE?
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Last edited by Moderator; 11-08-2023 at 06:33 PM. |
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#32
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Inflation
Inflation has nothing to do with our current administration or any administration!!!!!!!!!!!!
Simple Economics........demand is outstripping supply and wages are at an all time high!!! Thats spells higher prices. Like the dinosaur, if you don't adjust your budget you will perish. Lets add in the cost of computerization and you have runaway inflation. The fed is the only way to decrease demand/higher interest rates. If the consumer stops buying prices will come down,BUT, they won't. Unlike the older generation they have no sense of things they need vs things they want. Its a conundrum. And it aint political. Lets not forget the population growth. The supply of things has to increase past demand for prices to fall. The good news is savings interest rates at 5%, lock them in. This situation isn't going away for a while, adjust. If the Saudis want to turn off the taps and increase gas its at their whim. We are not oil independent. Strap in boys and girls, your in for a bumpy ride regardless of politics, they have just turned into entertainment and that is a dangerous situation. Hopefully we will not be attacked. Welcome to the new world. God bless the bubble!!!!!!!!! Quote:
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#33
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#34
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We won’t have any currency in near future, paper worthless anyway and coins can’t be tracked. Once online banking only way every invisible cent can’t be tracked, account for, And easily taken.
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#35
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#36
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Oil on Decline
Crude dropped below 75 briefly, gas was below $3 in Wesley Chapel today. This is one driver for a decrease in inflationary pressure.
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Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
#37
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Well you have to set date parameters like month over month or on an annual basis. You just can't take say gas at the pump today is $3 and tomorrow it jumps to $3.6 because of a pipeline attack and claim inflation's at 20%. The OP said "inflation decline", this DOES NOT mean prices are falling. It means THE RATE OF PRICE INCREASES are falling. Hypotethically speaking, gas was $3 on 1/1/2022. Inflation was 8% is 2022, so gas on 1/1/2023 would be $3.24. Inflation for 2023 is 4%, so INFLATION IS FALLING. However, gas on 1/1/2024 would be $3.37. $3.37 is a HIGHER PRICE than $3.24. So, prices can rise and we can still have inflation falling, or what is referred to as a disinflationary period.
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#38
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And this is only my second post in this thread, and you posted as well, so you are inside as much as i am inside, so since I never watch CNBC, (mostly read online) and it is a high of 40 degrees today, i don't consider this fall, i will post a second one while its dahhhhk and cohhhld out. And who said i wasn't happy? Other than the weather, life is great! |
#39
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All I know is when are interest rates going to come down so I can sell my house?
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I wish I knew what I don’t know. |
#40
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Hard to imagine under 5% without a deep recession. If your selling price is right someone will buy it with the hope of refinancing in the future.
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#41
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Policy Can Inflate
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Too much money….policy Too little oil….policy Too many rules….policy
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Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
#42
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Tastes like a political post. Looks like a political post.
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Identifying as Mr. Helpful |
#43
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Another definition re-stated to suit the few. __________________________________________________ ___ |
#44
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I am sure your data will suit the many and be much accurate and reflect reality. So share it with us.
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Men plug the dikes of their most needed beliefs with whatever mud they can find. - Clifford Geertz |
#45
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Closed Thread |
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