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:ohdear::popcorn::bigbow::bigbow: |
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Oh, did Brexit change your status? Just curious. |
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U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon) Inflation notches a fresh 30-year high as measured by the Fed'''s favorite gauge |
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While predicted that inflation would occur after the worst of the pandemic had passed, it's a shame that those on the lower part of the economic ladder are seeing their increased gains in wages being eroded by it.
https://www.washingtonpost.com/busin...rkers-october/ While there are some levers that can be pulled by those in charge to try and help, there are a lot (such as the world price of crude), that no single person (regardless of their position) - can meaningfully affect. Right now, there is also an effort being made by corporations to try and make up for lost profits since the pandemic started. Ironically, for the +-52% of Americans that own stock in one form or another (individually/mutual funds/pensions/Etc.), the steady rise in stock prices outweigh the cost of inflation. Once again, it is those who don't own stocks - that are being hit the hardest. |
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OPEC running the show, inflation and a housing crisis…we saw this before in the late 70’s. We will over come it just like we did then. Enjoy life in the Villages and let the young sort out their problems.
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Highest Core Inflation in 40 Years Crossing Wall Street Japan'''s wholesale inflation hits 40-year high as fuel costs spike | Reuters Fed'''s inflation gauge hits fresh 31-year high as prices continue to soar | Fox Business Inflation surges to its highest since 1990 : NPR |
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However, I recall the horrible 1970's when were raising a family, and I hate to see inflation rearing its ugly head. |
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Thanksgiving Gas Prices at Least $1.20 More than Last Year The point is we now are experiencing extremely high inflation, be it the highest in in 30 or 40 years, it is bad news, especially to seniors on fixed incomes. BTW, it is just getting started. Wait and see! |
Since we've had about six years of the stock market Rising and at least doubling am I would say most people are quite happy
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Yes, I have three children in their 30s, the oldest bought a House ten years ago, now worth well over a million, the middle child just two years ago and still a double in value, but the third child while making six figures cannot afford anything since the average house where they live is at least $500,000. You shouldn't be so snide in your remarks as this really does affect everybody down the line
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Turkey is only $0.49 a pound this week typically Publix sales turkey frozen their brand at $1 .49 per pound I want to see let's just keep the facts straight Charlie
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It's a tax everyone, but felt the most by those with less.
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