skyrider

https://edition.cnn.com/2021/05/09/investing/stocks-week-ahead/index.html

Hyper inflation is here. No surprise here.

Milosia2 Loc: Cleveland Ohio

There’s always Somalia. For rest and relaxation !

Milosia2 Loc: Cleveland Ohio

You want lower prices ?
Make it here !

proud republican Loc: RED CALIFORNIA

You want me to book a flight for you?

JFlorio Loc: Seminole Florida

Even that crap hole country wouldn’t take him.

lpnmajor Loc: Arkansas

It was inevitable, which has nothing to do with biden OR trump.

skyrider

True statement

America 1 Loc: South Miami

A great suggestion for Biden, since he's hell-bent on stopping our oil production.
Corn, soybeans, wheat are made here, and prices way up since Nov. 2020.
And our US Dollar getting destroyed.

America 1 Loc: South Miami

Inflation is not coming. It is already here! Gold should benefit, given that it could be higher and more lasting than the pundits believe.
“Knock, knock, knockin’ on heaven’s door”, so sing Bob Dylan and Guns N’ Roses. Now, inflation is knocking on the golden door. According to the BLS, the U.S. CPI inflation rate recorded a monthly jump of 0.6% in March, while soaring 2.6% on an annual basis. And the core inflation has also accelerated. So, inflation has significantly surpassed the Fed’s target of 2%, as one can see in the chart below.
And remember that this is what the official data shows, which rather underestimates the true inflation. This is because of several issues, including hedonic quality adjustments, shifts in the composition of the consumer baskets, and methodological changes. It is enough to say that the rate of inflation calculated by the John Williams’ Shadow Government Statistics that uses methodology from the 1980s is over 10% right now.
There are some controversies about this alternate data, but I would like to focus on something else. The CPI doesn’t include houses (or other assets) into the consumer baskets, as they are treated as investments. The index only takes rents into account. But homeowners don’t pay rents, so for them, the cost of shelter, which accounts for about one-fourth of the overall CPI, is the implicit rent that owner-occupants would have to pay if they were renting their homes. And this component rose just 2 percent in March, while the Case-Shiller Home Price Index, which measures the actual house prices, soared more than 11% in January (the latest available data). According to Wolf Street, if we had replaced the owners’ equivalent rent of primary residence with the Case-Shiller Index, the CPI would have jumped 5.1 instead of 2.6%. The chart below shows the difference between these two measures.
Rates of input cost and output charge inflation reached fresh record peaks, as firms sought to pass on steep rises in input prices to clients (…) A number of companies also stated that stronger client demand allowed a greater proportion of the hike in costs to be passed through. The resulting rate of charge inflation was the quickest on record.
https://www.barchart.com/story/news/1659390/inflation-knock-knock-knockin-on-golden-door

lindajoy Loc: right here with you....

Absolutely right it is already here and has been just tucked away so as not to draw attention to what is the next fear index for investors and citizens..

You are right about gold too, that is to say if the little I have is any index to what is taking place...

I just read this~~CPI for all items rises 0.6% in March as gasoline index continues to rise 04/13/2021 In March, the Consumer Price Index for All Urban Consumers rose 0.6 percent on a seasonally adjusted basis; rising 2.6 percent over the last 12 months, not seasonally adjusted... Why do they stagger inflation numbers. Its not like it isn’t patently obvious anyway and denial just another repeated lie...

America 1 Loc: South Miami

One reason is it lowers SSA recipient's payments.
Causes of this shift include reduced government spending,
stock market failure, consumer desire to increase savings,
and tightening monetary policies (higher interest rates).

Uncle Sam has promised to spend at least $6 trillion in C****-** relief, and whenever the government writes checks that big, you can expect a lot of talk about the “i” word—inflation. Flooding an economy with extra cash can indeed lead to more dollars chasing the same goods, which is a classic recipe for rising prices.
It’s not hard to tell a scary story about inflation and retirement. Take a person with $1 million saved for retirement who expects to spend $50,000 annually. Assuming 3% annual inflation and a steady 3% rate of return, that $1 million would last for 20 years. But if inflation rose to 12% a year, $1 million would run out in 11 years and nine months—and that’s a good reason to be alarmed.
Keep Working in Retirement
What’s the best way to preserve your capital? Keep earning. Every dollar you earn in retirement is a dollar you don’t have to withdraw.
https://www.forbes.com/advisor/retirement/inflation-retirement-investments/
It appears the best resort is to work until you expire.

skyrider

Food and fuel are not included in the reported inflation rate. It's much much more than the reports say.

lindajoy Loc: right here with you....

Yup, work until we die, ss payout less that way while adding to it for the overall net return the government needs to fund it!!

Our numbers so skewed on everything its a wonder these wonder boys economist have any clue !! Which speaks volumes in the intended suppression of what is really the financial stability of our coyntry.. Even GDP is manipulated..

lindajoy Loc: right here with you....

That is why it is not reported...Food and energy prices are exempt from calculation because their prices can “be too volatile” or fluctuate wildly. And if we added g****l w*****g (energy) funding into the mix of funding good Lord inflation Richter scale!!!!

JFlorio Loc: Seminole Florida

What a coincidence. they leave out the two most important components that everyone must have. they should also publish a dollar value index. What a dollar was worth a year ago and do that monthly.