Will inflation ever reach 2%?

[human1234]

Everyone refinanced their mortgages at very low interest during covid times. This alone is saving thousands per year which inturn creates inflation. Everyone's house price is up 30 to 50%. Everyone's stock portfolio is all time high. This year because of elections Fed will cut interest rates. Other than tech all other sectors have plenty of jobs. Unemployment at all time low. I think it will take atleast couple of years to see 2% inflation.

[pakeer_saab]

52 minutes ago, human1234 said:

Everyone refinanced their mortgages at very low interest during covid times. This alone is saving thousands per year which inturn creates inflation. Everyone's house price is up 30 to 50%. Everyone's stock portfolio is all time high. This year because of elections Fed will cut interest rates. Other than tech all other sectors have plenty of jobs. Unemployment at all time low. I think it will take atleast couple of years to see 2% inflation.

real inflation is above 10%, never trust govt data specially in election

go and check what items are used in inflation calculation, you will know

[dasari4kntr]

3 minutes ago, pakeer_saab said:

real inflation is above 10%,

where did you get this..?

[dasari4kntr]

7 minutes ago, pakeer_saab said:

go and check what items are used in inflation calculation, you will know

CPI basket ni FED asalu pattinchukodhu..

PCE numbers are key factors of fed decisions...

 

 

[dasari4kntr]

repu ellundi....GDP numbers...PCE numbers vastayi

 

Gross Domestic Product, 4th Quarter and Year 2023 (Advance Estimate)	January 25	08:30 AM
Personal Income and Outlays, December 2023	January 26	08:30 AM

[pakeer_saab]

20 minutes ago, dasari4kntr said:

CPI basket ni FED asalu pattinchukodhu..

PCE numbers are key factors of fed decisions...

 

 

even PCE numbers is grossly deflated.

just do one thing, do a cost analysis of all the items typically you use for your family and compare the price today

my numbers show around 10%-20% inspite of adding govt reported inflation as typical rise in costs.

for example check this, car buying contributes significantly to living costs and it is nowhere in the PCE

 

 

spare parts for cars, service costs pretty much everything increased way over than reported inflation

this is not something i need to argue to prove, you should have experienced it already

[kevinUsa]

26 minutes ago, dasari4kntr said:

where did you get this..?

Anna Nenu chputa aagu

2020 Jan lo no name sunflower oil in Canada was 2.99

 Now 7.99

5 $ difference

Cagr is 8-9%

[kevinUsa]

10 minutes ago, pakeer_saab said:

even PCE numbers is grossly deflated.

just do one thing, do a cost analysis of all the items typically you use for your family and compare the price today

my numbers show around 10%-20% inspite of adding govt reported inflation as typical rise in costs.

for example check this, car buying contributes significantly to living costs and it is nowhere in the PCE

 

 

spare parts for cars, service costs pretty much everything increased way over than reported inflation

this is not something i need to argue to prove, you should have experienced it already

Modern manufacturing techniques valla prices of products should go down but it's reverse

[futureofandhra]

1 minute ago, kevinUsa said:

Modern manufacturing techniques valla prices of products should go down but it's reverse

supply chain issue still going on

[dasari4kntr]

3 hours ago, pakeer_saab said:

even PCE numbers is grossly deflated.

just do one thing, do a cost analysis of all the items typically you use for your family and compare the price today

my numbers show around 10%-20% inspite of adding govt reported inflation as typical rise in costs.

for example check this, car buying contributes significantly to living costs and it is nowhere in the PCE

 

 

spare parts for cars, service costs pretty much everything increased way over than reported inflation

this is not something i need to argue to prove, you should have experienced it already

2021 is spoiler bro...

2022, 2023 stats vunte cheppu...

 

this CPI...number since 2015.. see how it went up 2020-2021...its all stimulus money...people invested heavily in stocks and houses...

 

Date	Value
Dec 2023	3.298
Nov 2023	3.121
Oct 2023	3.232
Sep 2023	3.690
Aug 2023	3.708
Jul 2023	3.299
Jun 2023	3.092
May 2023	4.129
Apr 2023	4.957
Mar 2023	4.987
Feb 2023	5.986
Jan 2023	6.347
Dec 2022	6.445
Nov 2022	7.135
Oct 2022	7.762
Sep 2022	8.215
Aug 2022	8.227
Jul 2022	8.413
Jun 2022	8.933
May 2022	8.502
Apr 2022	8.228
Mar 2022	8.515
Feb 2022	7.955
Jan 2022	7.595
Dec 2021	7.194
Nov 2021	6.862
Oct 2021	6.238
Sep 2021	5.384
Aug 2021	5.188
Jul 2021	5.222
Jun 2021	5.282
May 2021	4.915
Apr 2021	4.131
Mar 2021	2.631
Feb 2021	1.693
Jan 2021	1.395
Dec 2020	1.322
Nov 2020	1.168
Oct 2020	1.183
Sep 2020	1.371
Aug 2020	1.309
Jul 2020	1.014
Jun 2020	0.716
May 2020	0.226
Apr 2020	0.345
Mar 2020	1.543
Feb 2020	2.339
Jan 2020	2.500
Dec 2019	2.314
Nov 2019	2.062
Oct 2019	1.769
Sep 2019	1.717
Aug 2019	1.747
Jul 2019	1.780
Jun 2019	1.650
May 2019	1.794
Apr 2019	1.992
Mar 2019	1.853
Feb 2019	1.520
Jan 2019	1.551
Dec 2018	2.002
Nov 2018	2.147
Oct 2018	2.492
Sep 2018	2.332
Aug 2018	2.643
Jul 2018	2.854
Jun 2018	2.808
May 2018	2.782
Apr 2018	2.471
Mar 2018	2.331
Feb 2018	2.263
Jan 2018	2.151
Dec 2017	2.130
Nov 2017	2.172
Oct 2017	2.021
Sep 2017	2.181
Aug 2017	1.928
Jul 2017	1.725
Jun 2017	1.641
May 2017	1.856
Apr 2017	2.176
Mar 2017	2.441
Feb 2017	2.810
Jan 2017	2.510
Dec 2016	2.051
Nov 2016	1.684
Oct 2016	1.686
Sep 2016	1.549
Aug 2016	1.055
Jul 2016	0.868
Jun 2016	1.079
May 2016	1.078
Apr 2016	1.173
Mar 2016	0.892
Feb 2016	0.847
Jan 2016	1.238
Dec 2015	0.639
Nov 2015	0.436
Oct 2015	0.128
Sep 2015	0.009

[dasari4kntr]

6 minutes ago, kevinUsa said:

Anna Nenu chputa aagu

2020 Jan lo no name sunflower oil in Canada was 2.99

 Now 7.99

5 $ difference

Cagr is 8-9%

we are talking about USA inflation bro...

 

[kevinUsa]

26 minutes ago, dasari4kntr said:

we are talking about USA inflation bro...

 

Similar ga unnayi Le prices even after having conversion

[Konebhar6]

4 hours ago, human1234 said:

Everyone refinanced their mortgages at very low interest during covid times. This alone is saving thousands per year which inturn creates inflation. Everyone's house price is up 30 to 50%. Everyone's stock portfolio is all time high. This year because of elections Fed will cut interest rates. Other than tech all other sectors have plenty of jobs. Unemployment at all time low. I think it will take atleast couple of years to see 2% inflation.

Its tough to guage. The parameters that Govt measures compared to what we often sue in daily usage, inflation matters differently. 

[human1234]

11 hours ago, human1234 said:

Everyone refinanced their mortgages at very low interest during covid times. This alone is saving thousands per year which inturn creates inflation. Everyone's house price is up 30 to 50%. Everyone's stock portfolio is all time high. This year because of elections Fed will cut interest rates. Other than tech all other sectors have plenty of jobs. Unemployment at all time low. I think it will take atleast couple of years to see 2% inflation.

With so much money in the system/people, cpi target of 2% by the fed isn't possible in the next few years

[dasari4kntr]

9 hours ago, kevinUsa said:

Similar ga unnayi Le prices even after having conversion

but fed and interest rates…etc are different kadaa…aa country ki ee country ki…

as long as human resources wages increasing every product rate also increases …it doesn’t come down…

for example year on year 2-3% vundi ante…last year vunna rate ee year rate 2%-3% perigindhani…