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Freethinker65

(11,202 posts)

3. This was a spike that will come down.

Fri Dec 10, 2021, 09:27 AM

Dec 2021

Gas prices are already coming down. After media created hysteria and panic, turkeys were abundant and cheap this past Thanksgiving. Many goods and services remain significantly higher (cars, appliances, certain parts and materials and resources) because we still have not emerged fully from an historic pandemic.

I will get concerned if this trend continues into the spring of next year.

Businesses that have thrived that do not reward their employees will see many of their core employees leave for other opportunities. My husband plans to just retire because of under appreciation and under compensation.

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Nov CPI data shows 6.8% inflation, highest in 40 years [View all] Amishman Dec 2021 OP

This inflation has been caused by the trump Republican party. They own it. DemocraticPatriot Dec 2021 #1

I hate to be the bearer of bad news... Act_of_Reparation Dec 2021 #7

The GQP score ALL of their points by blaming the other guy... DemocraticPatriot Dec 2021 #16

The reality for this inflation melm00se Dec 2021 #21

I agree Johonny Dec 2021 #24

And nothing for retired people thanks to the Medicare premium increase dalton99a Dec 2021 #2

You have a good sense of humor. walkingman Dec 2021 #10

Nor the disabled among us CountAllVotes Dec 2021 #19

This was a spike that will come down. Freethinker65 Dec 2021 #3

I do not think prices will fall significantly, the money supply has grown too much Amishman Dec 2021 #4

Possibly. But I can also see people have found they can live with less crap they do not need. Freethinker65 Dec 2021 #5

Are you an economist? BannonsLiver Dec 2021 #12

I do have a degree in economics Amishman Dec 2021 #14

This is a discussion board. Feel free to scroll past. Freethinker65 Dec 2021 #20

Thanks for the tip, Dad. BannonsLiver Dec 2021 #23

With a larger M1 monetary stock, the velocity of money becomes more sensitive. roamer65 Dec 2021 #15

Agreed, core inflation Sgent Dec 2021 #6

I disagree Chuuku Davis Dec 2021 #8

And this is why all the talk about the booming economy is irrelevant. Drunken Irishman Dec 2021 #9

Keep amplifying GOP talking points BannonsLiver Dec 2021 #11

Why in the hell can't everybody, you and I included, Ron Green Dec 2021 #13

A vicious circle... WarGamer Dec 2021 #17

This is what I'm thinking The Revolution Dec 2021 #22

CEO pay isn't a fraction of what you'd need... WarGamer Dec 2021 #26

I won't get more than 2 percent iemanja Dec 2021 #18

I don't think we will see the Carter years again Johonny Dec 2021 #25