US Inflation

Not to stir up the hornets nest... but this inflation is wild.
The Consumer Price Index has gone up so much it is insane. (CPI is basically the calculation for the spending power of a US dollar.)

I highly recommend going and calculating your income from the beginning of 2021 vs what it should be now due to inflation.
Here is an example of what that would look like. I used $35 per hour because I thought that was probably a good square number that is reasonable for a programmers salary.

Here is the link to the calculator from the Bureau of Labor Statistics website.
http://data.bls.gov/cgi-bin/cpicalc.pl

Rant over sorry guys lol

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bfire85 over 2 years ago

I just saw a news report last night where gas station chains in some areas are having their pumps reprogrammed to display double digit prices. They are expecting gas to get to $10/gallon or more in some areas.

I called that a couple months back already. We'll most likely see $10/gallon gas before Thanksgiving. I think something BIG is going to happen in August that will catapult that into existence. There is something that is supposed to happen, some kind of treaty/agreement or passage of law. I just can't recall what that is at the moment.

Hopefully I am wrong.
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bfire85 over 2 years ago

I just saw a news report last night where gas station chains in some areas are having their pumps reprogrammed to display double digit prices. They are expecting gas to get to $10/gallon or more in some areas.

I called that a couple months back already. We'll most likely see $10/gallon gas before Thanksgiving. I think something BIG is going to happen in August that will catapult that into existence. There is something that is supposed to happen, some kind of treaty/agreement or passage of law. I just can't recall what that is at the moment.

Hopefully I am wrong.
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