Inflation Keeps Rising

31 Jul 2023

I know it may appear silly that I have to post this but some do not understand that Year over Year fall from 9 to 3% does not mean inflation is falling. It simply means the rate of growth has fallen.

For a true fall in inflation, we would need to see YOY negative growth. Something the FED and Politicians do not want to see.

10 Agu 2023

Catatan

Increases in inflation over last 3 years...
CPI Medical Care: +4.3%
CPI Apparel: +12.8%
US Wages: +14.8%
CPI Shelter: +17.0%
CPI Food at home: +20.0%
CPI Food away from home: +20.5%
CPI New Cars: +21.6%
CPI Electricity: +23.5%
Actual Rents: +23.8%
CPI Transportation: +26.7%
CPI Gas Utilities: +34.1%
CPI Gasoline: +34.1%
Actual Home Prices: +39.6%
CPI Used Cars: +42.1%
CPI Fuel Oil: +59.2%

Inflation growth coming down does not mean inflation is falling.
This really helps us understand that wages with the exception of apparel and medical care are not able to support all the increases in prices
It's just basic mathematics nothing complicated. Anyone can understand this fact.

So when I say core inflation is BAD JUJU it is. Bc people no longer have the ability to pay higher and higher prices as such year over year growth starts falling until we hit a recession.