Who Are The Folks Who Favor Inflation?

[PoliticalChic]

1. "But what does an inflation rate of 7.5% mean for working families? Ryan Sweet, a senior economist at Moody's Analytics, crunched the numbers and determined that current price levels are costing the typical family about $250 a month in extra spending. “A lot of people are hurting because of high inflation.20 hours ago

Soaring consumer prices are costing you an extra $250 a month | WFLA​

https://www.wfla.com › news › national › soaring-consum...

2. Crude oil tests $95 per barrel; Saudi Arabia increases oil prices​

https://www.business-standard.com › ... › News › Markets

— Saudi Arabia raised oil prices for customers in Asia, the US and Europe after crude's surge to almost $95 a barrel.
Under Trump, oil was $42 a barrel.

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3. Inflation to hit 10% if Russia-Ukraine conflict grows ...​

https://www.cnn.com › 2022 › 02 › 15 › economy › russia-ukraine-inflation › index.html
7 days agoThe current rate of inflation -- consumer prices soared by 7.5% in January from the year before -- is the highest since February 1982.

4. Inflation Actually Near 10% Using Older Measure​ https://www.cnbc.com › id › 42551209 Inflation, using the reporting methodologies in place before 1980, hit an annual rate of 9.6 percent in February, according to the Shadow Government Statistics newsletter.
5. BTW....if you'd like to know what the rate was when Trump left........1.4%
Jan '21	1.4%

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6 days ago

• United States - monthly inflation rate January 2021/22 | Statista​

https://www.statista.com › Economy & Politics › Economy




Who'd you say you voted for again?????

 

[jwoodie]

Fixed rate mortgage holders like inflation, as do variable rate lenders.

 

[PoliticalChic]

 

[Woodznutz]

I benefit from inflation. Savings rates are up, and SS is getting an 8% bump. There are also great deals to be had on many consumer goods. I live a rather spartan lifestyle so higher prices hardly affect me.

 

[PoliticalChic]

 

[PoliticalChic]

"Inflation could cost your family an extra $11,500 this year​

Prices are up 8.5% year over year"​

Inflation could cost your family an extra $11,500 this year

The impact of inflation now has another number. According to a new study by Nerdwallet household spending could increase by more than $11,500 this year. Consumer Investigator Rachel DePompa explains ways you can fight back against rising costs.

www.ky3.com

 

[Woodznutz]

"Inflation could cost your family an extra $11,500 this year​

Prices are up 8.5% year over year"​

Inflation could cost your family an extra $11,500 this year

The impact of inflation now has another number. According to a new study by Nerdwallet household spending could increase by more than $11,500 this year. Consumer Investigator Rachel DePompa explains ways you can fight back against rising costs.

www.ky3.com

It's not all gloom and doom. There are now great bargains out there as some businesses reduce prices just to survive. Craig's List will be filled with bargains as well. Savings rates have already increased substantially for those with cash to spare. Of course, not everyone is so positioned but many are.