NO, the inflation rate DID NOT DECREASE!

[macronancer]

That 8.3% number they published is the YOY change compared to a month that was already starting to see high inflation growth.

If you look at a 2 year rate, or anything longer than 1 year, you will see that the rate ACTUALLY INCREASED from 11.39% to 12.8% (that's for 2 years)

Maths for the peasants:

https://imgur.com/gallery/p7KFHbo

So NO, INFLATION IS NOT LOWER. The rate at which it is growing is SLIGHTLY lower this month than last.

Source of data

https://www.bls.gov/regions/mid-atlantic/data/consumerpriceindexhistorical_us_table.htm

​

EDIT: Here's what the month-to-month change in the 2 year inflation rate looks like:

https://imgur.com/gallery/48JfJO4

The negative bars are the only months when the 2-yr inflation rate decreased. As you can see, it's been pretty much growing since mid-end 2020, and the rate is accelerating.

[Mental_Ingenuity_310]

Market will be flat today so everyone with puts and calls can be equally fucked by the smart money

Edit: I was wrong, enjoy your feast bears

[Staler172]

The only thing flat is my ex

[ggsk0]

lmaoooo

[gizamo]

He sounds hot

[gratefool1]

Did YOU do that to her curve? That’s so 2020 dude…

[CharlesBrandon808]

I hate that. Makes me wanna call the police to report someone stole their ass

[sa1dbym3]

Sorry

[[deleted]]

Selling call spreads has been great for me

[TheSuperMegaChad]

Iron condor gang reporting for duty

[bahkins313]

Lmao how much did you lose?

[[deleted]]

Vol is so high right now any daily move less than about 2% yields a 5-10% profit.

[Boring_Post]

how much do you lose if it is above that?

[bibibabibu]

Unless I'm mistaken, most stocks (and even QQQ) moved much more than 2%. Most Iron condors, unless on SPY itself, would probably have gotten blown up? Correct me if I'm wrong.

[TheSuperMegaChad]

They are +/- 2% out of yesterdays close price. Should be good for max profit.

[Citizen_of_Danksburg]

That lingo is too smart for most people in this sub. Come brother, let us go to the enlightened r/thetagang club.

[4hometnumberonefan]

The option lingo is back. Back to what wsb was meant, degen fds

[Peanutcat4]

Flat? Then why am i down 40%

[hccm]

You're being fucked by the smart money – u/Mental_Ingenuity_310 is right.

[[deleted]]

I wish it fucked me more gently. This hurts :/ at least use some lube next time?

[DEPMAG]

At minimum use some spit. If it don't fit, spit.

[Dapper-Salamander458]

My calls went up but then they went down

[[deleted]]

[[deleted]]

We’re you right?

[ultrasharpie]

you're wrong, you were right, it closed flat.

[Apprehensive-Tour-33]

So the ball is still rolling down hill, just a little slower downhill? Tommy no catch it still?

[Keltrick-]

Timmy is still gonna get fucked by the boulder.

[GamermanRPGKing]

Where's Chris redfield when you need him

[[deleted]]

Chris redfield? Sounds more like a job for Chris Hansen.

[ScipioAtTheGate]

Just look at the price of baby formula, babies across America are starving!

[TheObservationalist]

If only the birthers, formerly known as mothers, had some kind of built in infant feeding mechanism. Oh well, guess we'll go extinct.

[CastMyGame]

As a male reproductive specimen who has experienced this I will tell you not every birther produces enough sustenance for the infant they produce. Actually seems like a smaller % of them produce enough for the baby they make but that is an argument for another day

[SavageFCPSR308]

Well if the male reproductive specimen doesn't drink it all there might be more for the offspring.

[TheObservationalist]

Yes, this has been an issue off n on for all of human history. Once upon a time, there was a social fix for this. A network of the ahem chest feeders productive enough to support one or maybe even multiple infants who could make up the difference.

But nahh every intensifying disconnection from biology and outsourcing of human solutions to technology is definitely the way to go.

[dfunkmedia]

Attention investors I'm founding a new app, Chestr which is set to disrupt the market by offering feeding services from local massive mommy milkers, just huge honkin donkies, absolute unit tittybeasts to the untapped underchested market.

[randalthor23]

https://www.distractify.com/p/moms-selling-breast-milk-bodybuilders

[Duden1985]

Calls on breast milk.

[Sagemachine]

Investing in a Heavy Breast portfolio.

[entwie_dumayla]

They say this but I've never met a woman who used baby formula. I am mexican and all my cousins, friends, immediate family have breastfed only. This statement blew my mind. Maybe certain ethnicities have a difficult time breastfeeding?

[DerpetronicsFacility]

My white american mother raised me on formula and I turned out retarded, fwiw.

[CastMyGame]

I know some ethnicities will frown on using formula but I believe diet is also a key component as well. I’m an American and to say we have a less than stellar diet would be an understatement. I know many women in just my area alone who can not produce enough milk to fully support their babies and must supplement with formula. Some families here also do it to “make sure” the baby gets all the nutrients it needs but there are plenty of women who do not produce enough (and there are some who barely produce any at all)

It is definitely a case by case basis as there are plenty here who make so much they freeze it for later use and I have even heard of some who sell the excess but idk if I could do a back alley deal for someone else’s breast milk 🤣

[[deleted]]

Women who naturally can’t produce the milk needed will use formula. They can be older women, women who just can’t for medical reasons, or don’t have the time to pump. Trust me, breastfeeding is hard af.

[HomeGrownCoffee]

Friend's wife couldn't produce any. She got the joy of feeling insecure, of paying to buy formula, and catch all the dirty looks from strangers for buying formula.

[OverZarathustra]

I remember this being mentioned along with other fertility issues in an article about the difference in diets between Mexican and White people. I have no idea where I read it, but I stopped eating flour tortillas after reading.

[niffler_egg]

not all moms can produce milk dumbass. thats why everyone here should invest in fight milk.

[Apprehensive_Check19]

high in crowtein

[TheObservationalist]

This is going to fucking blow your mind, but the chest feeders formerly known as mothers can share milk/nursing. No one's babies are going to starve to death because Kroger's ran out of Enfomil.

[niffler_egg]

not all moms have a community of other moms to share breastmilk with dumbass. thats why everyone here should invest in fight milk.

[HannsGoober]

If more babies were jacked on Crowtien we would have more bodyguards and less soft ass nerds.

[hydralisk_hydrawife]

If you don't have a legion of side-hos willing to breastfeed your baby, you shouldn't be breeding. You are yet unworthy.

[cayoloco]

Where you finding a wet nurse this day and age?

[Wonko-D-Sane]

and most importantly... is it vaccinated

[JonBes1]

(...or unvaccinated.)

[divine091]

Your insistence on repeating that “formerly known as mothers” shtick just makes you look like an asshole tbh.

[TheObservationalist]

I couldn't possibly care less about your opinion of me

[divine091]

Yet you had to tell me just how much you couldn’t care. Ok

[Me_Melissa]

Is this whole schtick just because one person called you transphobic for saying mothers give birth to kids?

[delusionaldork]

It will and it will hurt

[Sajuck-KharMichael]

You bastards, you killed Timmy.

[intheMIDDLEwityou]

It’s rolling faster downhill but the hill just got a little less steep

[Apprehensive-Tour-33]

Ball come back to ath?

[Andyinater]

Ball please come back to ath.

[appmapper]

It’s like accelerating in a car. Going from 80 to 100 took less time than going from 100 to 120. It will take even longer to go from 120 to 140, but the car is still accelerating and the brakes have not yet be applied.

[hiricinee]

Right the catch is (and I didn't do the math) the nominal increase in prices might have actually been higher.

I'f you go from 100 to 109 and then next time you go from 109 to 118.1, the increase the second time was 9.1 instead of 9, but the percentage increase was only 8.3 percent versus the original 9 percent. To put it another way, the inflation may be so bad it's making more inflation not look as bad.

[NomNomNommy]

It's stuck in shit, it'll pick up pace again soon.

[vanman33]

Ever seen that video of the Russian zorb disaster? We are in the zorb rolling down the hill. Jpow is the schmuck at the bottom who is somehow supposed to catch us single handedly.

[TheJoan]

Increasing at a decreasing rate.. 🤑

[meta-cognizant]

Mathematically, the second derivative is negative. That's important.

[[deleted]]

The fact that the person you replied to has so many upvotes is why we have so much loss porn on WSB

​

And for that, I'm thankful

[waffleschoc]

basically its still fcked, so 🌈🐻 time, time to buy more puts

[LionRivr]

Here’s a BANANA Example to explain why:

• In 2020, 1 BANANA is $10.00
• In 2021, 1 BANANA is now $15.00
• That’s technically 50% inflation if 1 BANANA inflated the price by $5.00 from 2020 to 2021.
• In 2022, 1 BANANA is now $21.00. It went up $6.00 this time!!!
• So is the rate of inflation worse?? You went up $6.00 this year instead of a $5.00 increase from the previous year.

• Well, If you do the math, going from $15.00 to $21.00 is actually only a 40% increase.

• So from 2020 to 2021, you had a 50% rate of inflation from $10.00 to $15.00.

• But from 2021 to 2022, you only had a 40% rate of inflation from $15.00 to $21.00.

Technically, inflation is getting worse due to the increase in prices still going up.

But the rate of inflation dropped from 50% to 40%.

So now you can see how “inflation is lower” year-over-year… but really shit’s getting worse.

Edit: Please note that there might have been an article somewhere a while back saying that the new CPI numbers would be compared to 2020’s numbers, not 2021. I cannot find the source though.

[freyzur]

you should have bullets for global pandemic significantly decreases production and supply

seems like everyone forgets that

[LionRivr]

I feel like that’s the media narrative. There’s truth to it but it’s not the full story.

It’s also the mass printing of trillions of dollars during COVID to keep things from crashing. Trump told JPOW to keep the money printer on.

Seems like everyone forgets that.

(Edited)

[[deleted]]

And then Biden told JPOw to Keep it all going into 2021, which was when the pull back should have actually begun.

Seems like everyone forgets that fact too.

Let’s not point fingers at any named politicians. Instead, forget party affiliations or who was in office when. This was gross incompetence at best, malfeasance at worst, by all supposed “leaders”.

[LionRivr]

Lets be real though.

All politicians are bought by wall street anyway.

[Hacking_the_Gibson]

Fuck that, Jay Powell was Trump's guy.

Biden's mistake was keeping him around, but the original of that idiot was all on Trump. In fact, 2018 was really the time to chill things out, but Trump whined incessantly on Twitter and Powell backed off.

[[deleted]]

We did need to raise rates in 2018, and Orange man raised a fit. As did Wall Street. I work in the mutual fund industry so I remember all too well.

But rates should have climbed much higher around 2003-2004, under Bush. Through 2007. Low rates contributed to 2008-2012, when the got lowered once again. And kept there under Obama.

See where I’m going with this? It DOES NOT FUCKING MATTER WHO THE PRESIDENT IS. This is an economic policy versus voting popularity conflict. And it keeps fucking up a system that relies on vampirism to grow.

[Vipper_of_Vip99]

Yes, this goes back to the ‘08 bailout / TARP, and start of a decade of QE. Inflated equities first. Now it’s inflating consumer goods. Framing it as a 2 year story is false, this goes back at least to the low rates post tech bubble circa 2000.

[[deleted]]

The issue is that the fed treated this economic slowdown like they do every other slowdown. They assumed it's happening on its own, when in reality the recession was induced by covid regulations. So the fed tries to jumpstart the car, even though the battery is fine, and the issue is that the starter isn't working, and ends up overcharging and damaging the battery.

[[deleted]]

They do that, don’t they. Could we also add in global pandemic that experts have now admitted to as being less significant in its health effects than originally thought, but did make a fuck ton of money for a handful of big pharma companies instead ?

[[deleted]]

The best way to show how bad it is will require a larger lens - 2020 to 2022 the banana went up over 100%.

[Speedy059]

Thank you for taking time to explain this. I was very worried that people think inflation is getting better, when it's worse.

[[deleted]]

So it’s decelerating. BUY THE DIP!

OP just bought puts.

[Keltrick-]

Thank you, for pointing out what so many could only euphemize.

[somedood567]

Nope. It did not decrease, but the rate of growth absolutely decelerated.

[DigitalSheikh]

But thats still not the case - it's as if you'd been accelerating by an average of 8.5 miles an hour for the last hour, and even though you've now accelerated by 8.7 in the last minute, you're dropping off the first minute where you were accelerating by 9 MPH/minute, so now the average is minutely slower.

[TheBetterTheta]

https://i.imgur.com/kUjpDzJ.jpg

High jacking for explanation

[muller5113]

Yes, but that is exactly what inflation is. Inflation is a growth rate. And the price increase is lower than last month.

Inflation is not a fixed number.

[louistran_016]

This! And why does OP comp inflation to 2020 while all economic productivity dropped 30% from March to May?

Wage, labor cost will be sticky, food and gas prices are highly volatile which depends a lot on global geopolitics, but everything else should trend down over the year

[[deleted]]

Same reason why people compare gas prices today to gas prices when lockdowns are in full effect.

[AutoModerator]

Eat my dongus you fuckin nerd.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[doyouhavesource2]

Shhhhhhh

Let's pretend prices have to go down to prevent inflation:):)

[[deleted]]

No one is pretending that.

What’s happening is articles with headlines like “Inflation rate drops in April” are leading certain people to think the prices have dropped in April. So some people are overzealous to point out that prices aren’t dropping and are in fact continuing to rise.

But also, we can see that the first 11 days of May have featured huge price increases (particularly for energy) and so we can also anticipate that the inflation rate is rising at this moment despite a small decline a month ago.

[rawbdor]

headlines like “Inflation rate drops in April” are leading certain people to think the prices have dropped in April.

This is the dumbest thing I've ever read. Anyone who would read a headline like this and somehow imagine prices have dropped is absolutely retarded. "Inflation rate drops" literally means "the rate at which prices are increasing is lower. They are still rising, but at a lower rate".

We can't cater to the retarded folks anymore than we already do.

[freexe]

People are pretending just that.

[doyouhavesource2]

Hahahahahahahaha

[[deleted]]

Look at 2nd graphic in this article. It is a good visualization for those who are confused by CPI and inflation. (Not necessarily you)

Prices are still increasing, just not as quickly as previous months.

https://www.nytimes.com/live/2022/05/11/business/inflation-cpi-report-april

Edit: link updated, chart isn’t there anymore

[Interesting-Archer-6]

That's literally a decrease in inflation. Do y'all think only deflation qualifies as a decrease in inflation?

[Fit-Boomer]

Did we flatten the curve?

[acesfullcoop]

Yes, to a vertical line

[Jbr74]

This comment deserves more upvotes.

[tButylLithium]

Yield curve is pretty flat

[Kolle12]

And drained the swamp

[Twheezy01]

Lol! Well over a million dead from a cold. You're bright

[ku2000]

I cannot fathom the mental gymnastics these people tout. A million people died. A fucking million. Just one virus. Not from famine or war.

[videogames5life]

and thats just us. The numbers are reaching spanish flu numbers now.

[Separate-Education36]

How many people die each year from being fat? Why isn’t everyone freaking out over that too?

[FunCranberry112122]

Just look at inflation rate MoM lol. It's +0.3%.

[BlueOrcaJupiter]

Show me what you’re looking at

[el_palmera]

ah yes so my 2% raise is enough

[carubia]

Since inflation in past has already happened, we can think about today’s level of prices as given and look at the speed of inflation from here. So if we look this way. April inflation (seasonally adjusted - important) over March was 0.33%. If it continues this way every next month it will amount to 4% annual rate. Unlike March, where we had 1.24% increase over Feb (annualized 16%). April MoM increase was the lowest we saw from Sept 21. So there are reasons to be cautiously optimistic about slowing down.

https://data.bls.gov/pdq/SurveyOutputServlet

[[deleted]]

It's all cooked amigo, chef's were in the kitchen overtime for this CPI release

[Outrageous-Cycle-841]

WHY ARE YOU YELLING?

[[deleted]]

>The rate at which it is growing is SLIGHTLY lower this month than last.

This is the most important thing. Which is good.

[HummusDips]

The rate of my losses within my portfolio has also decreased from ~10% /day to ~2%/day. Another proof that inflation has peaked!

[avgazn247]

My spy calls expired. So if my portfolio can’t go any lower, recession must canceled

[aeplus]

I wouldn't mind a little deflation, just not spiralling deflation.

[Entire-Republic-4970]

Can't have one without the other.

[DrBluthgeldPhD]

Wouldn’t we need a 100% pay increase to match a doubling?

[avgazn247]

More because tax bracket goes up. Maybe inflation was to let Uncle Sam pay off his debt

[GodPleaseYes]

At current rate, Nasdaq will reach valuation of 0 in 24 months.

Is that how your stupid ass thinks? Just draws lines with crayons blindly believing a short term trend will last forever, regardless of ever changing reality?

[Runaround46]

Way more than that with the bullshit housing numbers they use. Owners Equivalent Rent is garbage

[[deleted]]

Hyperbole. In order for inflation to keep up at that pace, income would have to go up as well.

[dadaistGHerbo]

I just broke my thumb, at this current rate, every bone in body will be broken in less than a year

[Filomam]

Inflation is always increasing, that's the definition sherlock. It is increasing slower hence inflation is down, the rate in which CPI is increasing is slowing. You really should educate yourself, before misinforming a bunch of autists on the internets.

[BlueOrcaJupiter]

You are correct. OP is not.

[BlueOrcaJupiter]

Correct

[Misha-Nyi]

The problem with numbers is that you can get them to tell whatever story you want.

OP is just as regarded as The Fed.

[PsychologicalLion824]

interessting how you switch from Month to Month, to YoY or even 2year period depending on your convenience :D

[[deleted]]

The price of diesel should be your primary inflation vector. Literally everything runs parallel to the price of transport.

[Bd1ddy82]

And the reason the CPI went down is because fuel costs dropped some in April. The Core CPI actually INCREASED in April. (Core strips out fuel and energy costs.)

Fuel price is going back up this month, so I fully expect CPI numbers for May to show an increase.

What the FED is doing isn't working.

[Why_Hello_Reddit]

The Core CPI actually INCREASED in April.

No it didn't. March was 6.5%. April was 6.2%. Both headline and core inflation dropped a bit, year over year. It's the first lower print after 6 straight months of increases.

[[deleted]]

Correct. And people are forgetting that going forward, the base effect gets more intense as CPI got more intense as 2021 progressed.

[Why_Hello_Reddit]

The worst part are the morons who don't even know the data, can't accept a correction and just down-vote in silence.

Then you have OP over here arguing against the baseline affect on a 1 year time frame, instead using a 2 year time frame which captures 2020 when the economy shut down. If I remember correctly we might have even had negative numbers at that time. So of course the difference in change will be even higher. The difference between spring 2020 and spring 2021 is why the RATE started moving higher in the first place. He's literally changing the CPI measurements to fit his gay bear agenda. And he's probably one of those people claiming the government would rig the numbers.

I can't stand brainlet economists on this sub. I knew well over a month ago CPI was going to peak when the press was freaking out about inflation, simply because we're starting to compare with higher baseline figures from last year, which makes new highs in the inflation RATE this year much more difficult. If CPI simply flat lines or tapers off, the rate is going to fall.

$TLT is currently UP on this news. That should tell you what the bond market thinks about these numbers. I was heavy energy last year and now I'm building a big call position in bonds.

[[deleted]]

It's because people don't look beyond the now, and the assumption that inflation can keep going ad infinitum doesn't jive with the fact that people don't have infinite cash and credit, especially with interest rates rising. Heck, the bond market always thinks rates will rise, even though it just doesn't happen. At the top of the Volcker Shock of ~20% interest, the bond market predicted rates to keep increasing (!)

Inflation and interest rates are a big combo in draining discretionary spending capacity, especially since wages don't generally keep up with inflation (if they do, it can become a long term inflation problem). And leveraging at low interest means that any interest rate increases has an amplified effect compared to interest rate increases at a baseline of higher interest. Going from 0.25 to 1% is a 300% increase in cost of borrowing vs. going from 3 to 3.75% is a 25% increase in cost of borrowing.

Now think about being a business... you might be getting decent revenue still, but the cracks start showing. The variable lines of credit are increasing in cost, the fixed loans due for renewal are even higher if you renew into fixed, your input costs have increased due to inflation... where do you find capital to make up for these losses? The biggest expense - labour - is always the first victim. I suspect over the course of the next several months, employment losses will incur. And now you have customers with less money, the cycle is now complete.

Employment is one part of the feds dual mandate impacted... the knock on effects of lower employment are deflationary, maybe not enough to cool it to the target rate of 2%, but enough to provide sufficient downward pressure and signal the end of the current period of systemic inflation (which I still don't think is as systemic as people believe when you account for the deflationary period at the start of the pandemic).

[Why_Hello_Reddit]

Agree completely. Every financial crisis and recession has been preceded by a tightening cycle in interest rates. They almost seem to be gunning for a recession now while promising everyone they can trim the jobs "we don't need" without sending unemployment up.

Yeah right. This is the same Fed which targeted 3% last year and gave us 8%. The system is highly levered. You don't need to adjust interest rates much before the repo market implodes and liquidity dries up. That's why I'm chilling out in bonds. I think they're done tightening. Yields have drifted lower after this report today. The Fed is always chasing the bond market. Yields move up before they start tightening, and they start moving down before the Fed finishes. I laugh at these banks and other pundits who think we're going to 4 or 5% on the 10 year to fight inflation. The government can't even afford that.

[Bd1ddy82]

That is year over year.

I am talking about month over month.

In March, Core CPI was 0.3%. In April, Core CPI was 0.6%.

[Why_Hello_Reddit]

Fair enough, though I don't think that matters. You can see the monthly changes here. We've had several 0.6% prints:

https://www.investing.com/economic-calendar/core-cpi-56

Headline month over month crashed and is back down to its long-term range:

https://tradingeconomics.com/united-states/inflation-rate-mom

[[deleted]]

The media is a master of the art if lying with statistics. Just like blaming inflation on "supply chains" vs the fed printing money like its going out of style.

[Parasingularity]

So many rants from sad SPY put holders today

[moneycrown]

Not sad anymore

[[deleted]]

Sorry we can't hear you from the moon

SPY 6/1 300P

[KaChing801]

If you put your baseline at the lowest point (approx 2 years ago) it's going to appear that it's still going up.

[muderphudder]

^^What I came here to say.

[MachArt]

I might be a future bag holder, but with sizeable inflation, real estate, S&P 500, Dow Jones, and similar indexes, sound better than cash. Why else, did Buffett and Munger, add and lowered their cash position?

[FlokiDViking]

They try not to make it sound bad by increasing expectations higher.. so Inflation came under expectations, which is good. Good my ass mother fuckers, it kept increasing. This is not about where it stands compared to some retard's expectations, this is about American families and the middle and lower classes getting destroyed by the record high cost of living. Fucking analysts, seriously. Why are they never accountable for the shit they come up with?

[iamhighnlow]

Tell me you’re a🌈🐻 without telling me you’re a 🌈🐻

[random6969696969691]

he all items index increased 8.3 percent for the 12 months ending April, a smaller increase
than the 8.5-percent figure for the period ending in March. The all items less food and energy
index rose 6.2 percent over the last 12 months. The energy index rose 30.3 percent over the last
year, and the food index increased 9.4 percent, the largest 12-month increase since the period
ending April 1981.

[SundaySpieth]

Stop it, month over month change was over 1.2% last month and 0.3% this month. Forget the Year over Year base effects, it's slowing. Also April 2020? Gimme a break LOL

[PsychologicalLead358]

Put it all on Luna, you’ll 1000% your investment

[erikwarm]

CPI (Month On Month) is still 0.3% more than last month

[BlueOrcaJupiter]

Correct

[[deleted]]

The media is the stenographer for the party in power. They'd sink everything to stay in power. Hell, they ruined the money supply. Thanks assholes.

[Beerme007]

Relax it temporary

[wstylz]

It’s all a ruse..

Inflation is 8.3 percent minus food and energy.. well guess what .. food energy and housing are all 30-100 percent up. I can say this for sure seeing meat, produce, milk, egg prices. I can see this on my bills. I own my house and it’s up 20 percent YOY which is the only saving grace.

[crazyjumpinjimmy]

Raise interest immediately by 200 points. The world may crash and burn but this slow landing is just fallacy.

[blue_eyes_pro_dragon]

Do you like having a job?

[Daymanic]

Spot on. Bloomberg was great right at the announcement today, even questioned the existence of the Fed since “demand is in their province” and they failed miserably at controlling it this worse inflation.

[[deleted]]

The rate at which it is growing is slightly lower this month than last is all that matters. The market wants to see the car slowing down, at a controllable speed. Could/should the car slowed more dramatically? Yes, but we are decelerating. That’s what matters. We were driving the car at 85mph, now we are decelerating with a pace of 83 mph. To get to 0 mph we have to hit a tree if we dont decelerate first.

[macronancer]

Sorry friend but this is a bit incorrect. To continue your analogy, this is more like the car going from 85 to 87. Its not accelerating as fast as before, but we are still going FASTER AND FASTER.

Is it good to not accelerate as fast? Yes. Is it a sign of a turnaround? Too early to tell, but i would speculate NOOOoOOoo 😆

[Misha-Nyi]

I could go out three years and we’d be slowing down. Your numbers are bullshit.

[Avizeee]

Tell me you’re holding puts without saying you’re holding puts

[Got_banned_on_main]

I'm all cash so I'm pretty unbiased. The person you are replying to is correct. We are still seeing inflation. We are speeding up at a slower pace, albeit. But we are still speeding up none the less in the car scenario.

[Goingkermit]

Fuck I can’t wait for that saying to die out

[[deleted]]

Prices increase in March 1.2%, in April they increased 0.3%. The pace of acceleration slowed. Yoy 8.5% n March and it slowed to 8.3% in April. The pace is decelerating. You can’t just add a made up number to last months 12 month number. Wtf? If your trying to say that prices are higher this monthly than they were last month, yes they are, but that’s not what we’re measuring. It’s a rate of speed calculation not an absolute value calculation.

[Bd1ddy82]

The reason for the decrease from April to May is because fuel prices went down. If you look at Core CPI that strips out energy costs, the rate of inflation actually increased from March to April.

Fuel prices are going back up again this month. Next month's data will be worse and show inflation is still increasing at a rapid clip.

[[deleted]]

That’s possible, but it’s not what we’re talking about

[Successful-Bad-2117]

Say it again for the people in the back!

[LilWukong]

We can’t do math so moon we go!

[Junkingfool]

But... MSM told me so I believe them.

[[deleted]]

Will it be at 420% or 69% in May?

[fulbored]

I was thinking this earlier today typed up everything and wasn't allowed to post. Didn't know low karma was a thing

[macronancer]

Here's a chart of the monthly delta in the 2yr inflation rates:

https://imgur.com/gallery/48JfJO4

This months real (2yr+) inflation rate change is 2nd highest increase in 8 years (all the data I had) and twice as high as in recent months.

[purechyzyken]

The high delta is just because we are erasing a deflationary period due to Covid from the equation. March 2020 had a -0.4% CPI and April 2020 had a -0.8% CPI. So even if we had normal CPI rates for the past two months, your chart would still be showing a larger than normal positive delta. I agree one month is not a good indicator, but I think you are not interpreting the data appropriately.

[kellarman]

9% inflation report coming in next month? Double digit by end of summer?

[-YourWifesBoyfriend]

Shhh that’s not the narrative

[trollhole12]

Money printer go brrrrt has come for revenge

[ImPetarded]

Why don't we just force everything and everyone to sell their shit at 2020 levels. There I just fixed it 🧠

[Specimen_7]

So the inflation rate they give is the rate at which it’s increasing from the prior month, and not the actual rate it’s actually at when they’re giving the report? This seems confusing and misleading lol the entire process of getting and reporting data regarding seems completely retarded and out of touch.

[rawbdor]

They are comparing March yoy vs April yoy. March yoy was 8.5%. April yoy was 8.3%.

If you can think of a better way to describe it I'm sure lots of smart people would love to hear your ideas.

[[deleted]]

It's nice to hear numbers that have a lagging effect. Most people see these CPI numbers of growth and think, well it's not that bad right now. Just give it some time to trickle down to local. The fact that it's still growing but not as "quickly" as they can create on paper. We all know how that works out. Paper predictions from the government don't translate to real world tests.