Datasets:

---

innovation-hacking2

/

shitposting_dataset1

like 0

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington", ">\n\nEasing means it's going up, but slower. This is the desired outcome, because you don't want deflation." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington", ">\n\nEasing means it's going up, but slower. This is the desired outcome, because you don't want deflation.", ">\n\nIt feels like it gained 6.5%" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington", ">\n\nEasing means it's going up, but slower. This is the desired outcome, because you don't want deflation.", ">\n\nIt feels like it gained 6.5%", ">\n\nLies! my groceries still cost twice as much as last year." ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington", ">\n\nEasing means it's going up, but slower. This is the desired outcome, because you don't want deflation.", ">\n\nIt feels like it gained 6.5%", ">\n\nLies! my groceries still cost twice as much as last year.", ">\n\nThat doesn't contradict the claim that inflation has eased. (Also, twice as much would mean your groceries inflated by 100%, which I doubt.)" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington", ">\n\nEasing means it's going up, but slower. This is the desired outcome, because you don't want deflation.", ">\n\nIt feels like it gained 6.5%", ">\n\nLies! my groceries still cost twice as much as last year.", ">\n\nThat doesn't contradict the claim that inflation has eased. (Also, twice as much would mean your groceries inflated by 100%, which I doubt.)", ">\n\nWhich country? r/USdefaultism" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington", ">\n\nEasing means it's going up, but slower. This is the desired outcome, because you don't want deflation.", ">\n\nIt feels like it gained 6.5%", ">\n\nLies! my groceries still cost twice as much as last year.", ">\n\nThat doesn't contradict the claim that inflation has eased. (Also, twice as much would mean your groceries inflated by 100%, which I doubt.)", ">\n\nWhich country? r/USdefaultism", ">\n\nReading is your friend" ]

[ "We'll have to see how the Fed reacts.", ">\n\nI think this locks in a 25 bps increase. I doubt they'll do nothing and inflation cooling doesn't warrant 50 bps which is a little more aggressive.", ">\n\nIn all fairness, they may have slammed on the brakes too hard anyway. These things tend to have a delayed effect, from what I understand.\nEDIT: I get that downvoting is easier, but if I am mistaken about my statement, can someone point out what's wrong with it? I'm not an economist by any means, so I'd benefit from knowing my error.", ">\n\nI'm just mad that you spelled \"brakes\" wrong", ">\n\nYou're correct, that issue has been corrected.", ">\n\ninflation changes in the last year per cpi report:\nFuel oil: +41%\nGas utilities: +19.3%\nTransportation: +14.6%\nElectricity: +14.3%\nFood at home: +11.8%\nFood away from home: +8.3%\nShelter: +7.5%\nNew cars: +5.9%\nGas: -1.5%\nUsed cars: -8.8%", ">\n\n. . . How do those numbers end up at 6.5%??\nEdit: Some people have pointed out that the \"Commodities less food and energy commodities\" category which is not listed above is only up 2.1% over the last year, which is a big factor in lowering the final CPI value.\nEdit 2: I appreciate /u/thegreger linking the full table including weights for anyone that is interested in seeing the details.", ">\n\nWeighted average by total spending in each category, I presume.", ">\n\nAhhhh. Different neutrons same protons. \nGot ya", ">\n\nHow does that more niche explanation explain a more general situation for you? lol", ">\n\nReddit tends to attract people with \"specialized intelligence\", so to speak. The type of person who's incredibly intelligent in a particular area, but merely average (or worse) in other matters of smarts. That niche explanation simply maps on to their brain better. \nThis is also why the stereotype of a redditor is someone who defines themselves by how intelligent they are while still being of average intelligence.\nI'm digressing at this point, but the reason reddit attracts those types is because of how it's not actually a social media website, despite what the owners want you to think. Rather, it's a place where users go to discuss Things, rather than people — I don't care about the person who posted a 20 page lore theory on the Dark Souls 3 subreddit, I care about what it means for Dark Souls. It's really interesting seeing how all this stuff compares and contrasts with other websites IMO!", ">\n\nCan you post the source to this study of Reddit users please.", ">\n\n\"Pulled from the butt\"", ">\n\n…and everyone’s wages here kept pace with inflation, right? RIGHT?", ">\n\nMine did!\n...because I switched employers after my original employer gave a 1.5% increase.", ">\n\nThat's the only way to really get substantial wage increases. Job switchers usually earn more money than job stayers.", ">\n\nHow long do you think one should stay at a (new) job before switching?\nI’m gonna start doing that from now on.", ">\n\nAs often as you find better offers. Sure, switching jobs every year for 5 years might have your next potential employer being wary, but it’s not a real concern if you got a 20% raise each time you jumped ship.", ">\n\nAs someone who's interviewed candidates (software development), 5 years wouldn't scare me, but 3 or less might be cause for concern.", ">\n\nNobody who grocery shops believes this bullshit.", ">\n\nIf you watch the video, the report says\nShelter went up .8% in Dec vs up .6% in Nov\nFood went up .3% in Dec vs up .5% in Nov\nWhile gas went down 9.4% in Dec vs down 2% in Nov.\nGas is what made those numbers look good.", ">\n\nExcept in places that are still paying over $5 a gallon… like we are here in the poorest district of Hawaii, $5.19. The gas stations have been raking it in and refuse to lower prices.", ">\n\nBut were you paying 6 months ago?", ">\n\nSix months ago we were paying $5.89 gallon. They came down very slowly, stayed at $5.39 for several months now down to the $5.19. Costco is $4.49 but two hours away. All grocery prices continue to climb as do all other expenses…rent is through the roof and average home sales are hitting a million. The locals are leaving. The grocery stores in our area are still paying $10 an hour because they’re “exempted” from the new minimum wage here of $12 an hour. But hey, the tourists keep coming and we keep paying.", ">\n\nBased on the numbers you posted, you are experiencing the correct inflation %. $5.89 to $5.39 is a 10% drop. $5.39 to $5.19 is another 10% drop.\nI think your statement is more shocked at the overall price as a % of the income, which I personally think agreed with, but is different than inflation rates.\nWages and expenses are way out of line in a lot of parts of the US.", ">\n\nYes, you are correct in what I’m reacting to. But before all of this we had prices around the $4 mark which we’ll probably never see again. I mean other states had $5 gas prices and are at $3 now. \nOf course no one is working service jobs because of the low pay. An assistant manager of a local grocery store was gripping they couldn’t get anyone to work. I asked him if what the store was paying was enough to rent a room in a shared apartment and he snorted and said “of course not. “ he’s also the one who went to Walmart because they’re advertising $20 an hour. He went through the entire process to be told that they would start him at $12 hr. He asked what happened to $20 and they clapped him on the back and said that he absolutely would make $20 an hour after working full time for one year there. Of course they never give you full time. \nThis is just the most flagrant theft from the general population that I’ve ever witnessed and still it continues, with platitudes of, but inflation is down 2%. Whoop whoop. Rant over.", ">\n\nI agree 💯 with you.", ">\n\nToo bad corporate profits are still at record highs. The important part is we’ve lowered effective wages for individual workers", ">\n\nOver the past 24 months, lower income workers have increased their real income and has been one of the biggest real increases in years, while middle income workers have seen real income decrease.", ">\n\nIf that’s true for lower income workers that’s awesome. Truly. There are very few times this happens. I’m skeptical because the poverty trap in America is real not because I don’t believe you", ">\n\nI know it is true for the poorest of americans. They had the highest real income growth. I can try to find it, but I've heard it on several podcasts.", ">\n\nWhat you hear on podcast may not be true or they may be true but the real income growth being highest can still only be .01% of the white collar workers.", ">\n\nGas is the main reason numbers went down as an overall figure a bit. \nThat can change on a dime as pricing on that is volatile. \nStickier items like housing are still higher than even 6.5% (which is in itself high) and that should still be a major cause of concern.", ">\n\nThe inflation rate definitely feels worse than what they are reporting.", ">\n\nDifferent things have different inflation rates. They trt to get a sort of average of what average consumer pays but that may not match the percentages of goods and services you buy so for you it may be higher or lower. Also if you focus on on specific categories such as dairy, prices in dairy grew by 15% but if you focus on that you may be ignoring things which inflated less then the average or went down in price.", ">\n\nIt’s time to ask, would you consider 6-8 months of high inflation as transitory?\nThe past 6 months there has been .9% inflation or 1.8% annualized, so it seems like a fair question to ask considering how much people made fun of the FED for calling inflation transitory", ">\n\nEven the fed gave up on the \"transitory\" narrative a while back.\nHypothetically speaking I would call it transitory if it did only last 6-8 months but obviously that's not the world we live in.", ">\n\nSo it was high inflation for 6-8 months, but it is a year on year comparison. It won't go back down it just is not continuing to inflate.\nWhen these numbers are reported and you hear 6% inflation, that means 6 percent more than prices a year ago. But if you compare just to the last few months, there has been very low inflation.", ">\n\nInflation already has gone down. It's prices that won't go down.", ">\n\nPrices will likely not go down for most industries because those sweet sweet margins.", ">\n\nOddly cheese has gone down a bit where I am.\nMeijer brand cheese went from $2.50/8oz to $2.25/8oz \nStill not completely down, but it's something.\nGranted this might be a temporary price reduction for Superbowl season but still", ">\n\nYeah, and eggs are up to 5 bucks a dozen. Though that has more to do with avian flu. I don't see them coming back down to $1 a dozen ever. \nIf only I wasn't under an ordinance banning chicken farming of any sort.", ">\n\nSomehow they're still $2.10/dz here.\nMost of the food inflation in my area is beef and baked goods. Though I'm in the Midwest so Kroger probably uses eggs as a loss leader and recoups the cost in beer.", ">\n\nSame here. When walking through the center aisles, nothing catches my eye as having increased ridiculously with a few exceptions such as potato chips and cereal. The sides and end aisles are where the big increases have been here. Fresh meat, bread, eggs, ice cream, deli, and bakery. But not milk strangely. It’s been the same price of $1.39/half gallon for the past couple of years where I shop.", ">\n\n\"Eases\" what a manipulative word. Everything suddenly has a shortage. Then when it catches up the price stays high. It is a profit grab and we are going along with it.", ">\n\nwhat would it look like to not go along with it?", ">\n\nIn capitalism, there are competitors, boycotts, and the use of alternative sources of products. There is also strict budgeting and being mindful of where every dollar goes.", ">\n\nGermany: Food +21%\nGas: +13%", ">\n\nNot in my part of town", ">\n\nNow do it to corporate price gouging", ">\n\nYes, thankfully everything that cost $100 in November that was going to cost $112 in December managed to only cost $106… and the companies selling everything made 40 Trillion dollars.", ">\n\n“Inflation” aka corporate mergers allowing the reduction in competition so they can increase prices despite no increases in production costs.", ">\n\nI guess the big question now is if Conservatives are going to now put up new \"I did that\" Biden stickers on gas pumps.", ">\n\nDid the cost of food go down?", ">\n\nNo it only went up 6.5%", ">\n\nNot in the uk still 10%+", ">\n\nJust came back from the grocery store. I can assure you that inflation has not eased.", ">\n\nYet eggs are 50 percent more expensive, used cars 33 percent more expensive, gas 2x as expensive as dec 2020......\nI'm gonna have to call shenanigans on this one.", ">\n\neases..?? inflation is still 14%+, what kind of hooey is this", ">\n\nDon’t worry, once the Fed forces a few million people into poverty prices will go down. The system works!", ">\n\nAs long as the company executives don't lose money it's okay!", ">\n\nI don’t buy it. What the hell is going on with iceberg lettuce? It went from $0.99 to $2.30 and they’re small heads too.\nI get inflation but why don’t they let the damn head of lettuce grow until it’s ready.\nIceberg lettuce is the new economic indicator!", ">\n\nthey conveniently exclude food, energy, and housing in these reported inflation numbers. so all the things you ACTUALLY use are excluded. havent we all figured out yet that the government is just set up to deceive us no matter what party they are from?", ">\n\nWrong, wrong and wrong again.\nHave you every actually read a CPI report?", ">\n\nyes and the CPI is different from the number reported. they have many different CPI indexes, you have to know which one was reported to know what is excluded.", ">\n\nWell then you’d see that food energy and housing are a part of the 6.5% number!\nFood and energy are particularly volatile so they are left off of the “core” index.\nWhen people report headline inflation they are referring to overall inflation not “core”.", ">\n\ni was commenting on core inflation. i thought that is what was being reported. i have seen it reported both ways.", ">\n\nWell the headline is not core inflation…", ">\n\ni realize that now. thank you", ">\n\nfor you know a basket of goods that excludes food, energy, or anything else a person needs day to day.", ">\n\nThe metric that excludes food and energy actually is higher. Headline CPI (with energy and food) is -0.1%. Core CPI, which excludes energy and food, is 0.3%.", ">\n\nyeah it might just not feel like it as the increase over the last 3 years then down .1% it feels like its still going up.", ">\n\nTell that to my egg prices! I used to buy a dozen for like $2 and now they are like $5 a dozen or $7.50 for 18.", ">\n\nEgg prices are hurting.. but that's because of the bird flu", ">\n\nIt doesn't help that birds aren't real either.", ">\n\nExcept when they Attack.", ">\n\nReally? Where? Because nothing I need for my daily life has gotten cheaper. Housing, electricity, gas, food, all the basics are still sky high.\nEdit: Makingusername174 thanks for the clarification!! I did not know that.", ">\n\n0 inflation wouldn’t mean things would get cheaper. You are thinking of deflation. We typically do not want deflation.", ">\n\nWell the middle class has been squeezed and has shrunk once again because salaries have not kept pace. So who's to blame?", ">\n\nI blame you, personally.", ">\n\nYeah fuck that guy", ">\n\nYeah For a minute there I was getting some anxiety.\nBut now that we have someone to blame, I feel much better about the state of things.\nAnyway, back to work", ">\n\nLol… it changed after they changed the way it’s calculated", ">\n\n\"Eases\" ha ha okay. That's still 3.5 percentage points more than my raise this year.", ">\n\nJanuary 2023\nCPI: Most common, but simpler\nPCE: What Fed uses. Better models actual shopping habits. \nMonthly\nCPI: 0.50\nPCE: 0.40\nYear over year\nCPI: 6.31\nPCE: 4.88\nSince this is how much prices have changed from a year ago, it captures high inflation in earlier months. That can distort what is happening now. \nQuarterly Annualized\nCPI: 4.26\nPCE: 3.64\nThis is what the full years inflation would be, if the last quarters inflation continued for a full year. This is encouraging!", ">\n\nLet’s combat price gouging please. Companies shouldn’t be posting record PROFITS and simultaneously firing employees and not giving raises.", ">\n\nThat is that stupidest title. \n\" don't worry guys inflation is now only 3 times worse than normal\"", ">\n\nIt’s the stupidest title because it’s still using YoY inflation. MoM inflation was 0.3%. Absolutely cooling down.", ">\n\nYet our wages stay the same.", ">\n\nIf they're saying 6.5, that's probably more like 9-10. But still probably a reduction, insofar as the numbers can be trusted.", ">\n\nSee? All it took was elect Republicans to the House and it magically disappeared. /s", ">\n\nIf its still going up then it isn’t easing.\narrestwashington", ">\n\nEasing means it's going up, but slower. This is the desired outcome, because you don't want deflation.", ">\n\nIt feels like it gained 6.5%", ">\n\nLies! my groceries still cost twice as much as last year.", ">\n\nThat doesn't contradict the claim that inflation has eased. (Also, twice as much would mean your groceries inflated by 100%, which I doubt.)", ">\n\nWhich country? r/USdefaultism", ">\n\nReading is your friend", ">\n\nAccording to biden it is 0 percent. The border is secure and we're not in a recession. Oh.. prosecute Trump for having classified material in his home. Who would do that?" ]

[]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?" ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th" ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ..." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?" ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white.", ">\n\nGOP don’t give af anymore" ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white.", ">\n\nGOP don’t give af anymore", ">\n\nRepublican hate American democracy. Source: their every action for the last decade." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white.", ">\n\nGOP don’t give af anymore", ">\n\nRepublican hate American democracy. Source: their every action for the last decade.", ">\n\nAh said the quiet part out loud again, huh?" ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white.", ">\n\nGOP don’t give af anymore", ">\n\nRepublican hate American democracy. Source: their every action for the last decade.", ">\n\nAh said the quiet part out loud again, huh?", ">\n\nThe GOP no longer believes in quiet parts. Quiet parts are for commie Rinos" ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white.", ">\n\nGOP don’t give af anymore", ">\n\nRepublican hate American democracy. Source: their every action for the last decade.", ">\n\nAh said the quiet part out loud again, huh?", ">\n\nThe GOP no longer believes in quiet parts. Quiet parts are for commie Rinos", ">\n\nOh my god, he needs to be removed. He is bragging about voter suppression!" ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white.", ">\n\nGOP don’t give af anymore", ">\n\nRepublican hate American democracy. Source: their every action for the last decade.", ">\n\nAh said the quiet part out loud again, huh?", ">\n\nThe GOP no longer believes in quiet parts. Quiet parts are for commie Rinos", ">\n\nOh my god, he needs to be removed. He is bragging about voter suppression!", ">\n\nRepublics doing what they do best obstruct democracy." ]

[ "Buried way down at the bottom of the article:\n\nSpindell is one of the 10 Wisconsin Republicans who in 2020 submitted false paperwork to Congress and the National Archives claiming to be an elector for former President Donald Trump despite Trump losing the election, and has falsely claimed the 2020 election was \"rigged\" but legal.\n\nThis shithead took part in Donald Trump’s criminal conspiracy to defraud the United States, violate the Electoral Count Act, and overthrow the duly elected government.", ">\n\nJesus, how shitty of a country is this that nothing will be done? These types of people should be pushed off a cliff, yet here we are, seeing this behavior being brushed aside.", ">\n\nOnce again, saying the quiet part out loud. They never learn.", ">\n\nThey’ve learned that they can say it and no one will do a damn thing. Our democracy is hanging on by a thread, one more hit and it will be gone for a while. I do believe it will prevail in the end, but that is little comfort to those of us who will have to endure all of their ills until then.", ">\n\nVoting should be as widespread & as easy as breathing. Easier, in fact.", ">\n\nWithout mandatory voting, it's up to the people to defend that notion.\nPoliticians gonna politician.", ">\n\nIntent to disenfranchise voters, exhibit A.", ">\n\nPatriotism is wanting to empower your fellow citizens, not silence them.", ">\n\nYou ever just look at someone and think… I bet he touches little children?", ">\n\nHe touts that they suppressed 37,000 votes in Milwaukee alone. Mandela Barnes lost the Senate election by less than 27,000 votes.", ">\n\nOh look, a POS that took part in Trumps BS as a fake elector.\nOf course he's proud. Lock his stupid ass up.", ">\n\nThings that happen when you don’t imprison him for trying to overturn the election back in 2020.", ">\n\nAnother ‘quiet part loud’ guy. Jeeze the Republicans are really going big with these mask off tactics.", ">\n\nFittingly rat like features.", ">\n\nDude looks like he’s about to eat your liver with a nice Chianti.", ">\n\nth-th-th-th-th", ">\n\nCheating others is how they live...we don't have to support cheaters but should let everyone know about their actions and call them out by name ...", ">\n\nbeing proud of or actively trying to lower voter turn out is nothing more than an admission that you are not the party that would win in a fair and open election. Which in itself is an admission you oppose democracy.", ">\n\nAfter all the bullshit is sorted, there is only one thing you need to know about each party: one wants everyone to vote, the other doesn’t. What else does anyone even need to hear?", ">\n\nThis goes back decades, Republicans have gone on record numerous times, saying that they don't want everyone to vote and say that Republicans only win when less people vote.\nThey're VERY transparent about this.", ">\n\nUgly on the inside as well as on the outside.", ">\n\nSounds about white.", ">\n\nGOP don’t give af anymore", ">\n\nRepublican hate American democracy. Source: their every action for the last decade.", ">\n\nAh said the quiet part out loud again, huh?", ">\n\nThe GOP no longer believes in quiet parts. Quiet parts are for commie Rinos", ">\n\nOh my god, he needs to be removed. He is bragging about voter suppression!", ">\n\nRepublics doing what they do best obstruct democracy.", ">\n\nLower turnout, especially in certain areas, is and has been their strategy." ]

[]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place.", ">\n\nCame here to say this. What year is it again?" ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place.", ">\n\nCame here to say this. What year is it again?", ">\n\n44 apparently." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place.", ">\n\nCame here to say this. What year is it again?", ">\n\n44 apparently.", ">\n\nExcept this timez the Americans are on the German's side." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place.", ">\n\nCame here to say this. What year is it again?", ">\n\n44 apparently.", ">\n\nExcept this timez the Americans are on the German's side.", ">\n\nIF this is true then Russia's so fucked." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place.", ">\n\nCame here to say this. What year is it again?", ">\n\n44 apparently.", ">\n\nExcept this timez the Americans are on the German's side.", ">\n\nIF this is true then Russia's so fucked.", ">\n\nUltimately, they will be when F-16 birds are landed in Ukraine." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place.", ">\n\nCame here to say this. What year is it again?", ">\n\n44 apparently.", ">\n\nExcept this timez the Americans are on the German's side.", ">\n\nIF this is true then Russia's so fucked.", ">\n\nUltimately, they will be when F-16 birds are landed in Ukraine.", ">\n\nF16’s, if ever approved, would be a super long time until they’d ever get to Ukraine." ]

[ "This is the best tl;dr I could make, original reduced by 70%. (I'm a bot)\n\n\nBERLIN - Germany should not stand in the way if Poland decides to send Leopard 2 battle tanks to Ukraine, Vice Chancellor Robert Habeck said Thursday, seemingly putting the ball in Warsaw's court on supplying Kyiv with Western tanks.\nPolish President Andrzej Duda said Wednesday that a Polish \"Company of Leopard tanks for Ukraine will be transferred as part of international coalition building,\" adding that \"Such a decision is already [taken] in Poland.\" However, it was unclear whether Warsaw would get Berlin's approval, given the Leopard 2 tanks are made in Germany and have restrictions about being re-exported.\nAlthough German Chancellor Olaf Scholz can, in theory, have the final word on whether Poland's German-made tanks go to Ukraine, Habeck's public statement will make it difficult for him to say no without fracturing his ruling coalition.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: tanks^#1 Ukraine^#2 Germany^#3 Poland^#4 Leopard^#5", ">\n\nGiven that Russia might be running out of tanks to generously abandon in Ukraine, since they've been reaching into museums to refurbish T62s, I think I can comfortably say \"bout time!\"", ">\n\n\nto refurbish T62\n\nWe have seen 1967 model T-62s already, totally unupgraded (Apart from a cope cage)", ">\n\n\ncope cage\n\nThanks for the absolute laugh lmao\nWhen will we start seeing t34 hulls with some sort of gun strapped onto them?", ">\n\nI can’t wait until they roll out a tractor covered in corrugated sheet metal.", ">\n\nAh yes, the good ol Bob Semple Tank.", ">\n\nWell a Bob Semple, but somehow even worse at being a tank and smelling like expired MREs and Vodka.", ">\n\nWould leopards even make a difference?", ">\n\nOn a tactical level? Sure. Leopard 2s aren't exactly a shitbox tank. Deployed together and with the proper support they can be a great offensive and defensive tool.\nOn a wider level? Probably not. There's only so much 14 Leopard 2s will be able to do to change the entirety of the war.", ">\n\nPoland have 250 leopard 2 tanks, 14 would be about 5% of their stock. They will probably send more in the future. \nEurope has about 2000 Leo 2, would 5% be sent then it would matter, would 10-20% be sent then some real results could be achieved!", ">\n\nPoland also is buying a shit ton of tanks and it makes sense on a financial basis that giving these tanks away is cheaper than maintaining them so why not give them to Ukraine", ">\n\nGerman armor rolling against Russians again. This world is a crazy place.", ">\n\nCame here to say this. What year is it again?", ">\n\n44 apparently.", ">\n\nExcept this timez the Americans are on the German's side.", ">\n\nIF this is true then Russia's so fucked.", ">\n\nUltimately, they will be when F-16 birds are landed in Ukraine.", ">\n\nF16’s, if ever approved, would be a super long time until they’d ever get to Ukraine.", ">\n\nI dunno man. They're pretty fast!" ]