1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Inflation at its highest in 40 years…

Discussion in 'BBS Hangout: Debate & Discussion' started by LosPollosHermanos, Dec 10, 2021.

  1. Kemahkeith

    Kemahkeith Member
    Supporting Member

    Joined:
    Mar 27, 2018
    Messages:
    4,068
    Likes Received:
    5,638
    Just jumping in,
    With very little mention of any reason unleaded gas has gone from 3.37 a gallon maybe 2 months ago to 3.04 here in NY state.
    Has anyone else noticed a pretty substantial decrease down in Texas or other parts of the country??
     
  2. Space Ghost

    Space Ghost Member

    Joined:
    Feb 14, 1999
    Messages:
    18,091
    Likes Received:
    8,536
    Election is 6 weeks away. Economy is cooling off. We are coming off the summer travel.
     
  3. Xopher

    Xopher Member

    Joined:
    Feb 1, 2017
    Messages:
    5,462
    Likes Received:
    7,451
    Also they are now producing winter gas which is cheaper
     
  4. Amiga

    Amiga Member

    Joined:
    Sep 18, 2008
    Messages:
    25,035
    Likes Received:
    23,294
    $2.50ish around Houston. This time last year was ~$3.50ish
     
  5. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,785
    Likes Received:
    7,924
  6. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,785
    Likes Received:
    7,924
    at a news conference today, Fed Chair Powell hinted there will be more cuts

     
  7. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,785
    Likes Received:
    7,924
  8. cheke64

    cheke64 Member

    Joined:
    May 12, 2009
    Messages:
    25,752
    Likes Received:
    17,667
  9. droxford

    droxford Member

    Joined:
    Oct 26, 2001
    Messages:
    10,598
    Likes Received:
    2,129
    Friggin' $20 or more for a non-chain pizza?!?!?
     
  10. Kemahkeith

    Kemahkeith Member
    Supporting Member

    Joined:
    Mar 27, 2018
    Messages:
    4,068
    Likes Received:
    5,638
    Here in Albany NY, there are so many independent pizza places that prices remain pretty minimal due to competition.
    I also pick my pizza up on the way home from work to avoid the 1,000-dollar delivery fees by the Hub of the Grub.
     
    Nook likes this.
  11. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,785
    Likes Received:
    7,924
    Dockworkers’ union to suspend strike until Jan. 15 to allow time to negotiate new contract

    despite these recent developments pointing to a soft landing.
    • after ~~ 2 yrs of rate hikes and pauces, Fed cut the discount rate by 1/2 point
      • and hinted that there would be more cut in the horizon
    • dock strike averted,
    on the heels of a strong September job report/a surprising drop in unemployment/higher wages,


    [​IMG] [​IMG]
    as a result, Treasury yields have been surging, post the Sep blow-out job report.


    looking forward to Fed's next cut, giving these bond traders the finger; Fed's next FOMC meeting will be on Nov 6-7, 2024.
     
    #2091 adoo, Oct 12, 2024
    Last edited: Oct 12, 2024
  12. Amiga

    Amiga Member

    Joined:
    Sep 18, 2008
    Messages:
    25,035
    Likes Received:
    23,294
    My TX home insurance renewal for November went up almost 50% this year compared to last year. Home prices didn’t move, and core inflation is pretty much back to normal, but we did have one hurricane that directly hit Houston and two very scary hurricanes causing major devastation.

    This isn’t sustainable.
     
  13. Commodore

    Commodore Member

    Joined:
    Dec 15, 2007
    Messages:
    33,543
    Likes Received:
    17,505
  14. HP3

    HP3 Member

    Joined:
    Apr 22, 2018
    Messages:
    24,359
    Likes Received:
    33,849
    Lmao Americans are morons. Did they tell you that inflation was DOING THIS TO EVERYONE EVERYWHERE ELSE IN THE WORLD. My god, conservatives in literally almost every single group, ruin things for everyone.

    Bottom of the barrel trash
     
  15. dmoneybangbang

    Joined:
    May 5, 2012
    Messages:
    22,530
    Likes Received:
    14,262
    Can’t wait to see Conservatives get prices down by expanding the trade war via tariffs.

    We import several hundreds of billions of food.
     
    Xerobull and FranchiseBlade like this.
  16. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,785
    Likes Received:
    7,924
  17. juicystream

    juicystream Member

    Joined:
    Apr 17, 2001
    Messages:
    30,567
    Likes Received:
    7,091
    Really ignores the causes of inflation in those sectors. Eggs have been devastated by multiple bird flu outbreaks. OJ is similarly under pressure to Citrus Tree disease.
     
    Xerobull likes this.
  18. Invisible Fan

    Invisible Fan Member

    Joined:
    Dec 5, 2001
    Messages:
    45,954
    Likes Received:
    28,046
  19. Xerobull

    Xerobull ...and I'm all out of bubblegum
    Supporting Member

    Joined:
    Jun 18, 2003
    Messages:
    36,769
    Likes Received:
    35,609
    Can we get off the egg price bullshit, please?

    There. Is. A. Bird. Plague.

    Less birds = less eggs.

    130m dead in 3 years.
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now