Catholic Info

Traditional Catholic Faith => The Greater Depression - Chapter I => Topic started by: Matthew on January 03, 2023, 02:40:29 PM

Title: Real inflation rate
Post by: Matthew on January 03, 2023, 02:40:29 PM
Real inflation rate 2022 +32%

https://www.armstrongeconomics.com/armstrongeconomics101/economics/2022-inflation-is-final-32-for-the-year/ (https://www.armstrongeconomics.com/armstrongeconomics101/economics/2022-inflation-is-final-32-for-the-year/)

Anecdotal Reports of food inflation since 2019 +110%


Money supply finally barely decreasing - burn it all down:

https://www.zerohedge.com/markets/money-supply-growth-turns-negative-first-time-33-years (https://www.zerohedge.com/markets/money-supply-growth-turns-negative-first-time-33-years)
Title: Re: Real inflation rate
Post by: DigitalLogos on January 03, 2023, 03:45:45 PM
32% makes a lot of sense. I remember a few months ago when it started to hit locally and I was seeing prices jump up 20-25%, not the measly 9% the (((Media))) was trying to push.

Eggs here in WI went from about $1.80 for the kind I buy to over $5.
Title: Re: Real inflation rate
Post by: SeanJohnson on January 03, 2023, 04:07:57 PM
Quote from: DigitalLogos on January 03, 2023, 03:45:45 PM
Eggs here in WI went from about $1.80 for the kind I buy to over $5.
$6 here (if they have them at all).
Title: Re: Real inflation rate
Post by: Cornelius on January 04, 2023, 09:39:30 AM

A box of eggs at Walmart where I'm at in Florida is up 40%.
Title: Re: Real inflation rate
Post by: SeanJohnson on January 04, 2023, 11:59:03 AM
Quote from: SeanJohnson on January 03, 2023, 04:07:57 PM
$6 here (if they have them at all).

And now $7/dozen at Walmart.

I took a pic to prove it (see attachment).

Not even organic or cage free.  Just plain eggs.

Title: Re: Real inflation rate
Post by: SeanJohnson on January 04, 2023, 12:36:25 PM
I imagine the explanation in this 2:20 British video applies worldwide:

https://rumble.com/v1smklw-november-8-2022.html 
Title: Re: Real inflation rate
Post by: Yeti on January 04, 2023, 12:41:33 PM
Sometimes I would get lunch at Subway. I've always gotten the same order for years. In 2019 my order cost $9.xx. Now it costs $15.xx.
Title: Re: Real inflation rate
Post by: Proselytize on January 04, 2023, 07:56:30 PM
Dollar Tree exposed it earlier this year in Georgia with everything going to $1.25.
I appreciate the open honesty. Just waiting g now for it to go to $1.50 in 2023.
Title: Re: Real inflation rate
Post by: SeanJohnson on January 05, 2023, 02:25:32 PM
Quote from: Proselytize on January 04, 2023, 07:56:30 PM
Dollar Tree exposed it earlier this year in Georgia with everything going to $1.25.
I appreciate the open honesty. Just waiting g now for it to go to $1.50 in 2023.

Yeah, that's an instant 25% across the board right there.