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swag (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 07:38 AM Original message |
U.S. Consumer Prices Jumped in June by the Most in 26 Years |
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whistle (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 07:48 AM Response to Original message |
1. Isn't 1.1% from one month to the next the simple annualized equivalent of 13.2% |
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raccoon (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 08:41 AM Response to Reply #1 |
2. Is it? I don't know how to figure the annualized equivalent, but I'd like to know. |
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whistle (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 09:43 AM Response to Reply #2 |
5. Simple annualized is current month inflation change (increase) times twelve |
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Ghost Dog (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 09:43 AM Response to Reply #1 |
6. Compound rate (use a calculator) is higher. n/t |
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Bonhomme Richard (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 08:41 AM Response to Original message |
3. Can anyone say PERFECT STORM? n/t |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 09:37 AM Response to Original message |
4. I Lived Through Double-Digit Inflation in the 70s |
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whistle (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 09:46 AM Response to Reply #4 |
7. It was called stagflation, an economic condition of both continuing inflation and stagnant business |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 11:32 AM Response to Reply #7 |
9. Unemployment is Still Not as Bad as in the 70s |
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whistle (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 02:19 PM Response to Reply #9 |
10. I suppose not, what was it back then 8.5%-8.8% as I recall, but then |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 02:57 PM Response to Reply #10 |
11. I am Admittedly Going from Personal Experience |
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still_one (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 09:49 AM Response to Original message |
8. Actually, it is since 2005, not 25 years /nt |
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depakid (1000+ posts) Send PM | Profile | Ignore | Wed Jul-16-08 02:59 PM Response to Original message |
12. No surprise given that petrol prices can't realistically be excluded |
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DU AdBot (1000+ posts) | Thu Oct 17th 2024, 08:51 PM Response to Original message |
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