Tmac
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Investing General Discussion
- Thread starter Furious
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Mist
Eeyore Enthusiast
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I don't know what you're trying to say with this.
Compound interest, or inflation, is a bitch. Even at a measly 2.5% inflation over the past 13 years, $4 dollar a gallon gas in 2008 would be $5.51 a gallon gas in 2021. We're not even close to $5.51 gas. Gas is still fucking cheap by historical standards, no matter how you look at the data.
Edaw
Parody
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United States Core Inflation Rates (1957-2023)
The annual core inflation rate for the 12 months ending in October was 4.0%, compared to the previous rate of 4.1%, according to a report released by the U.S. Labor Department's Bureau of Labor Statistics (BLS) on Nov. 14, 2023. As recently as September 2022, the core rate at 6.6% was the...
www.usinflationcalculator.com
Highest since Jan 1996....
Current US Inflation Rates: 2000-2023
The annual inflation rate for the United States was 3.2% for the 12 months ended October, compared to 3.7% previously, according to U.S. Labor Department data published on Nov. 14, 2023. The next update on inflation is scheduled for release on Dec. 12 at 8:30 a.m. ET. It will provide information...
www.usinflationcalculator.com
Average for 2020 - 1.2
Mist
Eeyore Enthusiast
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Inflation was around 5% for most of the 1980s and everyone thought the economy was great; senile Reagan won re-election in a fucking landslide.United States Core Inflation Rates (1957-2023)
The annual core inflation rate for the 12 months ending in October was 4.0%, compared to the previous rate of 4.1%, according to a report released by the U.S. Labor Department's Bureau of Labor Statistics (BLS) on Nov. 14, 2023. As recently as September 2022, the core rate at 6.6% was the...
Highest since Jan 1996....
Current US Inflation Rates: 2000-2023
The annual inflation rate for the United States was 3.2% for the 12 months ended October, compared to 3.7% previously, according to U.S. Labor Department data published on Nov. 14, 2023. The next update on inflation is scheduled for release on Dec. 12 at 8:30 a.m. ET. It will provide information...
Average for 2020 - 1.2
The low inflation we've had for the past 20 years was a result of economic stagnation, not a sign of anything good.
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Tmac
Adventurer
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United States Core Inflation Rates (1957-2023)
The annual core inflation rate for the 12 months ending in October was 4.0%, compared to the previous rate of 4.1%, according to a report released by the U.S. Labor Department's Bureau of Labor Statistics (BLS) on Nov. 14, 2023. As recently as September 2022, the core rate at 6.6% was the...
Highest since Jan 1996....
Current US Inflation Rates: 2000-2023
The annual inflation rate for the United States was 3.2% for the 12 months ended October, compared to 3.7% previously, according to U.S. Labor Department data published on Nov. 14, 2023. The next update on inflation is scheduled for release on Dec. 12 at 8:30 a.m. ET. It will provide information...
Average for 2020 - 1.2
No dude. High gas means the economy is super good. Listen to talking heads and Moist.
Mist
Eeyore Enthusiast
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Tmac
Adventurer
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The sky is not blue.
You literally just posted that high gas prices mean the economy is good.
Now gas prices aren’t high. Are you high?
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Edaw
Parody
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Made this just for you. You're welcome.
An Annual Review of the U.S. Economy Since 1929
U.S gross domestic product by year measures the yearly output of the U.S. economy since the Great Depression. The GDP changes based on fiscal and monetary policy.
Mist
Eeyore Enthusiast
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What's your point? High GDP growth correlations with high inflation.View attachment 353782
Made this just for you. You're welcome.
An Annual Review of the U.S. Economy Since 1929
U.S gross domestic product by year measures the yearly output of the U.S. economy since the Great Depression. The GDP changes based on fiscal and monetary policy.www.thebalance.com
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Edaw
Parody
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Mist
Eeyore Enthusiast
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Tmac
Adventurer
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Sanrith Descartes
Veteran of a thousand threadban wars
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LachiusTZ
Rogue Deathwalker Box
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The 3 series with turbos were faster than I expected.
Nice car, but since you said the make it feels pretentious. Lol
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Sanrith Descartes
Veteran of a thousand threadban wars
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Three series in sport mode with the twin turbos fully engaged, the steering tightening up and the gears not short shifting is a nice ride. It's not a lambo, but 90 mph rides like 30 mph.
And of course I'm pretentious, I drive a Beemer biatch.
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Hateyou
Not Great, Not Terrible
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It’s probably not a bad play but the price in used cars has me wary they will sell much. I was looking at a car that msrp at ~36k, 1-2 years old sells for ~31k. Those 1-2 year old used cars are now at $42k in just the last couple months. I have a feeling a lot of people are going to get priced out of decent used cars really fucking quick with that kid of ridiculous price hike happening that fast. I’m afraid 2022 new cars prices are going to be the largest yoy change we’ve ever seen. I personally know two people who were used car hunting the past couple months and this week they both said the prices skyrocketed this month and they stopped looking.Hey guys.
Thoughts on CarMax, Inc. (KMX)?
View attachment 353758
Dipped today. Up a little AA.
I have a feeling there are going to be a lot of used cars on the market soon. Can't make the payments when the Biden bucks run out and you're effective wage is cut in half.
I don’t have 146 IQ though so take this post with a grain of salt.
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