[removed]

Went shopping at Costco last night. Holy fuck, it's like everything jumped 50%+ since my last visit.

Interesting data. How accurate have prediction markets been historically?

They claim to be +/- .13% on a monthly basis (not YoY so each months inflation.) when months are averaging around 1% inflation that’s pretty good. On months averaging .2-.3% inflation, that’s not good estimation.

[removed]

Curious what the fed will do come Feb 1. I feel like they might announce a short pause to rate hikes to assess. I am worried about the monetary policy lag

[removed]

Your experience differs from mine. Out of a dozen items in my latest trip (all consumables/perishables), one of them jumped by about 50% (eggs), the rest jumped by a buck or so, one item actually went down (dish detergent).

Feb 14

same here

What a shame voters don't seem to care. Fucking abortions was the biggest issue in the midterms.

The same prediction market has a Fed forecast here: kalshi.com/forecasts/fed

[removed]

Agreed, given that if you care solely about the performance of the economy, you vote for the Democratic party. There are far too many people who have regressive opinions about abortion and vote against their economic best interests and voted for Republicans.

Source for the evidence that Democrats give a better return on investment in the stock market than Republicans, going back to 1946.

https://markets.businessinsider.com/news/stocks/stock-market-election-democratic-republican-presidents-better-performance-economy-gdp-2020-8-1029528932?op=1

Because the economy’s been so great under Biden lmao

>voting against their interests

“Why won’t the peasants do what I want”

Go give Biden a big thumbs up next time you can manage to find some eggs or baby formula to buy

Do you have any data more substantive than "here's a couple products that had supply-driven price spikes in recent memory"?

Perhaps you can point to any economic policies that the Republican party actively advocates for and are opposed by the Democratic party, that are proven to reduce the cost of eggs and baby formula, as demonstrated to actually work in another developed economy?

For the answer to be taken seriously, please provide a policy that Republicans advocate for, where it has been implemented elsewhere that actually resulted in a drop in prices for those (or similar) items, and how Democrats are opposing it.

So, Biden is responsible for avian flu and the cooperate monopoly on baby formula? Is that correct? Try again.

[removed]

Who is to blame for inflation? It was started under Bush, then Obama, then Trump and we see it under Biden. 0-2% interest rates will almost always be inflationary

You’re in the wrong sub, data or bounce. Emotional opinions and personal experience have zero value.

That's the way government wants it. That way them and their corporate cronies can steal more money from the American people in peace.

You’re right, there’s no saving this earth. But being on reddit posting about it isnt helping. U should take out these commie republicans to actually put some change in place. They aren’t doing anything that you would want