Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 07-14-2009, 07:52 AM
 
Location: West, Southwest, East & Northeast
3,463 posts, read 7,282,975 times
Reputation: 871

Advertisements

BREAKING NEWS: Wholesale prices, a key inflation indicator, rise by biggest amount since late 2007
Reply With Quote Quick reply to this message

 
Old 07-14-2009, 08:48 PM
 
Location: Conejo Valley, CA
12,460 posts, read 19,994,347 times
Reputation: 4365
Oh no I better go out and buy gold and ammo.
Reply With Quote Quick reply to this message
 
Old 07-15-2009, 08:57 AM
 
Location: Heartland Florida
9,324 posts, read 26,653,761 times
Reputation: 5038
The fact that prices go up at all during a recession is a very bad sign. Guess it will be an inflationary depression after all as we predicted.
Reply With Quote Quick reply to this message
 
Old 07-15-2009, 09:30 AM
 
Location: West, Southwest, East & Northeast
3,463 posts, read 7,282,975 times
Reputation: 871
Quote:
Originally Posted by tallrick View Post
The fact that prices go up at all during a recession is a very bad sign. Guess it will be an inflationary depression after all as we predicted.
I think there's little doubt we're in for some major inflation. We'll really see it when the economy/jobs start improving. I strongly suspect inflation will outpace improvement in the economy, which will set everyone back a lot.
Reply With Quote Quick reply to this message
 
Old 07-15-2009, 03:46 PM
 
Location: Sinking in the Great Salt Lake
13,139 posts, read 22,710,554 times
Reputation: 14115
Quote:
Originally Posted by user_id View Post
Oh no I better go out and buy gold and ammo.
You still haven't!?
Reply With Quote Quick reply to this message
 
Old 09-27-2009, 07:41 PM
 
Location: USA
9 posts, read 29,742 times
Reputation: 11
Just thinking out loud: I sure hope they hurry and get that health care bill passed because the way its looking we all are going to be unemployed and need health insurance.
Reply With Quote Quick reply to this message
 
Old 09-27-2009, 08:46 PM
 
Location: Great State of Texas
86,052 posts, read 84,125,061 times
Reputation: 27718
Some commodities have been going up all along if you look at the details of the BLS reports.
The MSM reports numbers either "less energy" or "less food" which is a different number.
When energy had that big drop it offset those others rising and was used to report the numbers by the MSM.

Here's a link...take a look at the tables and look at YOY from 2008 or 6 months ended.
You'll see some items are tanking (dairy) while others rising (sugar) and tobacco the largest of them all for rising.

I'm not surprised. I've been reading the reports monthly and look at the tables.

Archived Consumer Price Index Detailed Report Information
Look at the "2009 CPI detailed report tables" list.
Reply With Quote Quick reply to this message
 
Old 09-28-2009, 12:37 PM
 
Location: Heartland Florida
9,324 posts, read 26,653,761 times
Reputation: 5038
Quote:
Originally Posted by jerryf09 View Post
Just thinking out loud: I sure hope they hurry and get that health care bill passed because the way its looking we all are going to be unemployed and need health insurance.
It will do you no good. Once unemployed you will not be able to afford government mandated insurance and therefore will be without coverage. Is anyone really gullible enough to think that non-deadbeat people who need help will ever get it?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6. The time now is 12:13 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top