Domain: tiger-web1.srvr.media3.us Inflation @ 6.8% | Page 2 | Political Talk
Started By
Message

re: Inflation @ 6.8%

Posted on 12/10/21 at 7:49 am to
Posted by Mo Jeaux
Member since Aug 2008
62678 posts
Posted on 12/10/21 at 7:49 am to
quote:

Yet futures are up nearly 200 points. It doesn't make sense



Well, you have to park your money somewhere. And until inflation starts adversely affecting issuers' performance, assets like real estate and equities sure look better than cash.
Posted by themunch
bottom of the list
Member since Jan 2007
71585 posts
Posted on 12/10/21 at 7:51 am to
Biden Boomin' the inflation.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
43688 posts
Posted on 12/10/21 at 7:56 am to
I just watched a segment on CNN about it and I think you guys are blowing this way out of proportion. It really doesn’t seem that bad.
Posted by Lsut81
Member since Jun 2005
84004 posts
Posted on 12/10/21 at 7:56 am to
CNBC doing work... Already took down the red banner at the top with the inflation number.
Posted by M. A. Ryland
silver spring, MD
Member since Dec 2005
2137 posts
Posted on 12/10/21 at 7:56 am to
quote:

Yet futures are up nearly 200 points. It doesn't make sense



With high inflation, you don't want to be holding cash.
You have to buy something now to hold the value of your money (since cash wont). So the price of stock and real estate goes up.
Think of it as the value of a Dollar going down.

In 1965 you could buy a cup of coffee for a quarter.
In 2021 you could still buy a cup of coffee with the same quarter, and get change back. The 1965 quarter was 90% silver and is worth about $4 today. The cost of a cup of coffee has gone down, but the value of a dollar has gone down more.
Posted by trinidadtiger
Member since Jun 2017
19188 posts
Posted on 12/10/21 at 8:03 am to
quote:

quote:
Excluding food and energy prices


I always get a kick out of this.


I do too Mo. The reasoning, "well these are volatile". Isnt that what inflation is supposed to measure??????
Posted by TDTOM
Member since Jan 2021
25386 posts
Posted on 12/10/21 at 8:03 am to
quote:

Yet futures are up nearly 200 points. It doesn't make sense



They really took off as soon as the number came out. Maybe the market was actually expecting worse?
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
24176 posts
Posted on 12/10/21 at 8:03 am to
quote:

Excluding food and energy prices

Because those are optional and such a small part of people’s spend.
Posted by saints5021
Louisiana
Member since Jul 2010
19286 posts
Posted on 12/10/21 at 8:05 am to
I just know I am locking in as many low interest loans as possible ... inflation goes up and my debt looks better and better.
Posted by trinidadtiger
Member since Jun 2017
19188 posts
Posted on 12/10/21 at 8:05 am to
quote:

Same Fed that has repeated “transitory” 10 million times this year??

I feel sooooo much better now.



Same fed who finally thinks that quantitative easing may be causing a problem???
Posted by Lsut81
Member since Jun 2005
84004 posts
Posted on 12/10/21 at 8:05 am to
quote:

Because those are optional and such a small part of people’s spend.


Posted by alpinetiger
Salt Lake City
Member since Apr 2017
5864 posts
Posted on 12/10/21 at 8:10 am to
What would inflation be if we measured it like the US goverment did during the Carter administration? 12%? 15%?
Posted by CleverUserName
Member since Oct 2016
16862 posts
Posted on 12/10/21 at 8:12 am to
quote:

Yet futures are up nearly 200 points. It doesn't make sense


It means the number was expected…. They were bracing for it to possibly be worse. Which is even more scary.

Hell… Treasuries are falling too.
Posted by member12
Bob's Country Bunker
Member since May 2008
33113 posts
Posted on 12/10/21 at 8:18 am to
Everyone getting their raise this year:

Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 12/10/21 at 8:21 am to
quote:

With unemployment claims running at their lowest pace since 1969


Would be nice to know the differences on how UE was determined in 1969 vs today to see what the # would actually be.
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
27304 posts
Posted on 12/10/21 at 8:21 am to
Buy bologna stocks!!
Posted by TS1926
Alabama
Member since Jan 2020
7946 posts
Posted on 12/10/21 at 8:21 am to
quote:

I just watched a segment on CNN about it


You have to be joking?
Posted by H newman
Member since Oct 2021
2035 posts
Posted on 12/10/21 at 8:22 am to
This shite is just getting started. 2022 is gonna be a disaster
Posted by TS1926
Alabama
Member since Jan 2020
7946 posts
Posted on 12/10/21 at 8:24 am to
quote:

Because those are optional and such a small part of people’s spend.


Wow. I'm speechless with this one.
Posted by UncleFestersLegs
Member since Nov 2010
16860 posts
Posted on 12/10/21 at 8:30 am to
Fed has no option but to let it go. Raising interests rates will explode the interest payments on $30T in debt. Its a case of how you want to die. Suddenly or slowly bleed out. They will choose the latter
first pageprev pagePage 2 of 5Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram