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Roland99

(53,345 posts)

5. Inflation is quite real. It's measurable. Much is based upon housing (mortgage/rent)

Reply to Demsrule86 (Reply #3)

Wed Aug 10, 2022, 10:25 AM

Aug 2022

so rents going up sharply and then mortgage rates went up which made mortgage payments higher.

Then gas prices soared due to Putin invading Ukraine and production cuts from Covid-shutdown days have yet to be restored to normal.

It affected many things

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Breaking: Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit [View all] Roland99 Aug 2022 OP

This is great news! Johnny2X2X Aug 2022 #1

Bump Johnny2X2X Aug 2022 #2

I believe there wasn't any inflation and there never was. It all had to do with companies Demsrule86 Aug 2022 #3

Inflation is quite real. It's measurable. Much is based upon housing (mortgage/rent) Roland99 Aug 2022 #5

Food prices up 10.9% year over year -13.1% food at home Sympthsical Aug 2022 #6

Gouging still caused it. Ukraine and covid were the excuses. Hermit-The-Prog Aug 2022 #8

month over month the inflation rate was zero moonshinegnomie Aug 2022 #4

and yet, the price of a dozen eggs went from 1.79 last week to 2.69 today. niyad Aug 2022 #7