This number excludes all possibity of transient inflation. (EOM)

They will only cost more if they decide to gouge, need to look at actual commodities!  I hate to agree with Cramer but I said it before him as I saw overall commodities coming down way before and some of them are crashing.  Gas is down almost a $1 for unleaded, soybeans, cotton, wheat all back to 2021 levels.  Does this mean things are going to slow down you bet, are we nearing the end of interest rate hikes yup, always have to watch ground level stuff not what's reported especially by the media today!! 

Only reason gas is down is because I have cut down my driving in half hahaha

May be others are doing same? 

Problem is gas is still way higher than a year ago. And almost everything we use has to be transported.

Raw materials are extracted using energy.

Raw materials are transported to factory using energy.

Manufacturing process requires energy.

Manufactured goods need transportation to ship to retailers.

Customers need gas to go shopping.

Even if ordered on-line, the item has to be transported to Amazon warehouse.

And fedex driver needs gas to bring it to your home.

 

Let's say gas is 40% higher than year ago.

That then gets built into raising prices by 9.1% across the board.

How about the fact that we have 16 year old Girls driving to high school by themselves  in huge Ford trucks .

 

All the while we grow more and more grossly obese because we eat massive amounts of sugar and don't exercise.

 

How about folks ride bikes and drive smaller cars ?  

So yes, cost of doing business is up because of high gas prices.. Industrial commodities and gas is going down which should curb inflation of other products if the trend continues...   Lower gas prices mean more transport as well so supplies should become more abundant..     Prices will not come down without competition...  It will take awhile for competition to start happening or caring, because we need to get rid of shortages first.

How about the fact that we have 16 year old Girls driving to high school by themselves  in huge Ford trucks .

 

All the while we grow more and more grossly obese because we eat massive amounts of sugar and don't exercise.

 

How about folks ride bikes and drive smaller cars ?  

 

No kidding. High school parking lots in my town (Camas, WA) were full of expensive looking cars. I have less issues with sugar than salt. Sugar I can burn up with regular exercise. But sodium stays in my body and raises blood pressure. Higher than normal BP will damage kidneys, heart and blood vessels, and makes us look bloated.

Bank of Canada surprises with 100bps hike

 

Rents Rise at Fastest Pace in Nearly 40 Years...

Inflation Pain Reaches Beyond Sun Belt as More Cities Top 10%...

Edited by Rogerdodger, 13 July 2022 - 04:06 PM.

How about the fact that we have 16 year old Girls driving to high school by themselves  in huge Ford trucks .
 
All the while we grow more and more grossly obese because we eat massive amounts of sugar and don't exercise.
 
How about folks ride bikes and drive smaller cars ?

In the 1950 there was a doctor who showed people how they can heal their diabetes 2 with consuming lots of sugar!

Diabetes 2 is caused by fats and oils (thus we shouldn’t eat meat and dairy) but once you got it, then sugar becomes a problem.

gis
P.S. watch the documentary Forks over Knives.

1950 there was a doctor who showed people how they can heal their diabetes 2 with consuming lots of sugar!

 

Dr. Pepper?

My uncle and his daughter were both hooked on it by the case.

They both died in their 90's!

I have done 46 or 47 cruises because I love the desserts! There are 4 dessert choices at lunch and 4 more at dinner. I usually order 2 desserts. Not a big fan of red meat except rack of lamb with cup full of mint jelly. I stick to mostly seafood on cruises. Burned 82 candles this year and have zero health issues, and visit gym 5 times every week for treadmill & light weight lifting, total of 30 minutes. Body getting stronger with age. Unbelievable!!