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uponit7771

(93,464 posts)

12. CPI isn't back to 2% inflation from 2019 to now, even if inflation "rate" goes to .00001 the CPI

Reply to Tomconroy (Original post)

Sun Dec 17, 2023, 11:52 AM

Dec 2023

... Isn't guaranteed to fall

Housing prices are are 1/3rd of CPI and are too stupid because too many large investors bought up inventory since 2020 and stopped in 2022. Now builders and large investors hold on to inventory with high prices keeping housing prices at the least affordable in US history.

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Costco finds inflation is at zero; deflation looms. [View all] Tomconroy Dec 2023 OP

My interpretation of this is as follows...Corporate America has raised prices up to the point Ferrets are Cool Dec 2023 #1

Call Me RobinA Dec 2023 #2

you do NOT want deflation. ret5hd Dec 2023 #4

Only If sustained for a long period of time. Tomconroy Dec 2023 #7

once started, deflation is much harder... ret5hd Dec 2023 #8

DU can even find a dark side to lower prices. LOL. Tomconroy Dec 2023 #9

I'm not too worried about deflation happening Zeitghost Dec 2023 #11

In the process of hitting used and now new cars, Tomconroy Dec 2023 #6

Lower fuel costs and the end of supply chain shortages should result in deflation on some items andym Dec 2023 #3

One Of My Pet Peeves ProfessorGAC Dec 2023 #14

Wage growth Johnny2X2X Dec 2023 #5

Wage growth isn't like an automatic COLA increase MichMan Dec 2023 #10

CPI isn't back to 2% inflation from 2019 to now, even if inflation "rate" goes to .00001 the CPI uponit7771 Dec 2023 #12

In economics, I learned deflation could be very bad cally Dec 2023 #13