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Thystra 2k posts, incept 2009-07-12
2023-11-15 08:40:00

Only if the people want to change it.
Aquapura 4k posts, incept 2012-04-19
2023-11-15 09:56:04

Last night I went down a rabbit hole on YouSlob watching TicTok videos of people whining about inflation. Not always the brightest bulbs but I'd wager a good cross section of everyday Americans. Lots and lots of people showing their grocery receipts and what it bought. It was also revealing that many had already cut back on buying things like meat or name brand stuff, with plenty saying things like "this $100 will feed my family for 3 days tops" or "I'm scared" etc. etc.

I don't think any avg Joe/Jane believes the 2.1% print. What are they going to do about it?? Likely vote for more freebies.
Ee4fire 1k posts, incept 2011-03-24
2023-11-15 10:22:54

I am wondering if the BLS is trying to trigger a stabilization or decrease in interest rates. Since the gov't service on the debt is becoming a larger part of the budget, they are trying to slow or lower that outlay from the US Treasury?

Gov't is the great fiction, through which everybody endeavors to live at the expense of everybody else. - Frederick Bastiat
Tsherry 14k posts, incept 2008-12-09
2023-11-15 13:26:35

Elections matter.

Father forgive me for the times I craved a place at a table that you would have flipped.
Doladin 201 posts, incept 2022-01-15
2023-11-16 08:19:13

ASX200 flew up 1.5% on the news (nothing else)

None of the commentators mentioned that 4% YoY growth comes on the back of double digit growth we've had previously. We need consecutive NEGATIVE inflation to get back to a suitable baseline for COL.
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