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(Twitter)   "US Inflation Expectations Drop Sharply Across All Time Horizons". Dark Brandon is now operating in the multiverse   (twitter.com) divider line
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2948 clicks; posted to Politics » on 08 Aug 2022 at 4:26 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-08-08 3:49:55 PM  
Original Tweet:

 
2022-08-08 3:52:21 PM  
"Expectations for US inflation three years ahead fell to 3.2% in July"

Does this mean that they expect an annualized rate of 3.2% over the next three years or that the annualized rate three years from now is expected to be 3.2%?
 
2022-08-08 3:57:03 PM  
DARK BRANDON SEES YOU

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2022-08-08 4:00:25 PM  
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2022-08-08 4:00:31 PM  
It's like, where a supply side problem begins to resolve when supply issues normalize.
It's like this round of inflation wasn't like most others.
It's like too many pundits have at best a C+ level understanding of undergraduate level economics.
 
2022-08-08 4:02:39 PM  

Metastatic Capricorn: "Expectations for US inflation three years ahead fell to 3.2% in July"

Does this mean that they expect an annualized rate of 3.2% over the next three years or that the annualized rate three years from now is expected to be 3.2%?


It means they will tell you what they meant AFTER the numbers come out.

Clever bunch they are.
 
2022-08-08 4:03:07 PM  

wademh: It's like, where a supply side problem begins to resolve when supply issues normalize.
It's like this round of inflation wasn't like most others.
It's like too many pundits have at best a C+ level understanding of undergraduate level economics.


IT'S LIKE RAAAAAAAAAAIN

149363654.v2.pressablecdn.comView Full Size
 
2022-08-08 4:07:08 PM  

Metastatic Capricorn: "Expectations for US inflation three years ahead fell to 3.2% in July"

Does this mean that they expect an annualized rate of 3.2% over the next three years or that the annualized rate three years from now is expected to be 3.2%?


Yes
 
2022-08-08 4:08:23 PM  
Thanks Obama.
 
2022-08-08 4:14:53 PM  
All time horizons?  Does he maybe mean all-time horizons?

Maybe I'm confused, it's been a long ass day.
 
2022-08-08 4:18:46 PM  
Could ya wait another week or so before the market goes on its next bull run?
 
2022-08-08 4:27:56 PM  
I eagerly await the next evolution to Darth Brandon
 
2022-08-08 4:28:22 PM  
I really like the Dark Brandon handle.
 
2022-08-08 4:28:54 PM  

HerptheDerp: I eagerly await the next evolution to Darth Brandon


And that would work too.
 
2022-08-08 4:31:50 PM  
Where we're going, we don't need eyes.
 
2022-08-08 4:32:45 PM  
This is bad news...for Biden.
 
2022-08-08 4:35:16 PM  

Metastatic Capricorn: "Expectations for US inflation three years ahead fell to 3.2% in July"

Does this mean that they expect an annualized rate of 3.2% over the next three years or that the annualized rate three years from now is expected to be 3.2%?


In three years the expected inflation rate will be 3.2%. Down from the 6% inflation they were predicting.

There's also more room for the fed to raise interest rates but they will most likely want to see the housing market recover first.
 
2022-08-08 4:35:45 PM  
So what they are saying is that three years from now ,after the next Presidential election, Biden will finally see his work result is a low 3.2% rate.

"Just vote for me, it's working , I swear." -Joe
 
2022-08-08 4:36:45 PM  
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2022-08-08 4:37:19 PM  

sinner4ever: So what they are saying is that three years from now ,after the next Presidential election, Biden will finally see his work result is a low 3.2% rate.

"Just vote for me, it's working , I swear." -Joe


I love the Farkdotcom tagging system.
It's the only thing we have to cull the Morans.
 
2022-08-08 4:37:50 PM  

Naido: All time horizons?  Does he maybe mean all-time horizons?

Maybe I'm confused, it's been a long ass day.


More like "all time-horizons", meaning for short time horizon (over the next 1 year), medium time horizon (what to expect 3-5 years from now), long time horizon (what to expect > 5 years from now).

I don't know how they can get ordinary polled people to give such numbers, even if it's a multiple-choice question. These percentages are rather difficult to predict or make sense of. What does a 3% annual inflation rate mean? How would that look for everyday items? Does it mean prices will go up by, on average, 3% within the year or that the dollar will weaken in its purchasing power? And how does that work? Ordinary folks don't have a good grasp of those measurables. They don't have a good idea how to assess economic changes.

Maybe the poll was of various economists?
 
2022-08-08 4:37:54 PM  

sinner4ever: So what they are saying is that three years from now ,after the next Presidential election, Biden will finally see his work result is a low 3.2% rate.

"Just vote for me, it's working , I swear." -Joe


Breaking shiat is fast with fast consequences. Buiding shiat takes time and has long term consequences. Anyone with an above room temperature IQ is aware of this.

It's not Fark's fault you're an idiot.
 
2022-08-08 4:39:34 PM  
Do you know what would work better?
A- Going after price gouging corporations reporting record profits instead of trying to lower wages and hurt people trying to buy homes.
 
2022-08-08 4:39:49 PM  
Dark Brandon....

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2022-08-08 4:39:54 PM  
We're supposed to believe this? Their previous predictions regarding inflation for the last year have been laughably wrong.
 
2022-08-08 4:41:17 PM  

Chthonic Echoes: Where we're going, we don't need eyes.


Fark user imageView Full Size

came for this, leaving happy someone made it before me
 
2022-08-08 4:41:22 PM  

Naido: All time horizons?  Does he maybe mean all-time horizons?

Maybe I'm confused, it's been a long ass day.


Biden used the Time stone to check all the possible outcomes.
 
2022-08-08 4:41:56 PM  

Naido: All time horizons?  Does he maybe mean all-time horizons?

Maybe I'm confused, it's been a long ass day.


Do you mean long ass day or long ass-day?
 
2022-08-08 4:41:58 PM  

wademh: It's like, where a supply side problem begins to resolve when supply issues normalize.
It's like this round of inflation wasn't like most others.
It's like too many pundits have at best a C+ level understanding of undergraduate level economics.


But I'm more interested in blaming corporate greed than acknowledging reality.

There was/is no inflation. It's a grand conspiracy by the gas stations who are making us pay an extra 61 cents for every gallon of gas.
 
2022-08-08 4:42:35 PM  

Glorious Golden Ass: When your just spouting B.S., you're not entertaining.  I genuinely wouldn't mind if they were clever.


Oh, come on! It's the same usage!

/ just claim you were trolling
 
2022-08-08 4:43:20 PM  
Republicans have been hanging their entire strategy on inflation and Biden's lack of a magic wand to make it go away. When faced with data showing inflation coming down, we can expect their usual response: to lie or to say the numbers were manipulated.
 
2022-08-08 4:44:17 PM  

Chthonic Echoes: Where we're going, we don't need eyes.


Fark user imageView Full Size
 
2022-08-08 4:44:34 PM  

sinner4ever: Do you know what would work better?
A- Going after price gouging corporations reporting record profits instead of trying to lower wages and hurt people trying to buy homes.


They tried that, GOP + Manchinema wouldn't let it pass a few months ago.

Old news is so farking exciting...
 
2022-08-08 4:44:39 PM  

sinner4ever: Do you know what would work better?
A- Going after price gouging corporations reporting record profits instead of trying to lower wages and hurt people trying to buy homes.


Aw but that might actually help people other than shareholders, and we can't have that now, can we?

/s
 
2022-08-08 4:45:47 PM  
Oh yeah... well then, explain this!
encrypted-tbn0.gstatic.comView Full Size
 
2022-08-08 4:45:51 PM  
I'm not too high on time horizons but I think I see a cold beer on my time horizon. That's for sure.
 
2022-08-08 4:46:09 PM  
I feel like I am MUCH better not knowing this, but yet, I feel like I need to ask it:

What is this "Dark Brandon?"
 
2022-08-08 4:46:34 PM  
This meme sucks and you know it. And just because I am always ripping on the democrat party doesn't mean I'm not a liberal progressive.
 
2022-08-08 4:46:35 PM  

Best in this World: wademh: It's like, where a supply side problem begins to resolve when supply issues normalize.
It's like this round of inflation wasn't like most others.
It's like too many pundits have at best a C+ level understanding of undergraduate level economics.

IT'S LIKE RAAAAAAAAAAIN

[149363654.v2.pressablecdn.com image 602x258]


Thanks to that whiney coont multiple generations have no idea what the word "ironic" actually means.
 
2022-08-08 4:46:46 PM  
What about the time horizon behind me? 'cause that's often seeing catastrophic deflation compared to today and I'm not sure I want to do that to past me.
 
2022-08-08 4:46:56 PM  

sinner4ever: So what they are saying is that three years from now ,after the next Presidential election, Biden will finally see his work result is a low 3.2% rate.

"Just vote for me, it's working , I swear." -Joe


I'll take it over 83 percent of tax cuts going to millionaires. How's that whole 2017 policy working out? Did it reduce the deficit? Do anything other than generate share buybacks?
 
2022-08-08 4:47:57 PM  

dericwater: Naido: All time horizons?  Does he maybe mean all-time horizons?

Maybe I'm confused, it's been a long ass day.

More like "all time-horizons", meaning for short time horizon (over the next 1 year), medium time horizon (what to expect 3-5 years from now), long time horizon (what to expect > 5 years from now).

I don't know how they can get ordinary polled people to give such numbers, even if it's a multiple-choice question. These percentages are rather difficult to predict or make sense of. What does a 3% annual inflation rate mean? How would that look for everyday items? Does it mean prices will go up by, on average, 3% within the year or that the dollar will weaken in its purchasing power? And how does that work? Ordinary folks don't have a good grasp of those measurables. They don't have a good idea how to assess economic changes.

Maybe the poll was of various economists?


Fark user imageView Full Size

Economists expect the overall consumer-price index to rise just 0.2% from a month earlier, compared with 1.3% in June, while the annual rate declines.


Neither consumers or economists are good with numbers.
 
2022-08-08 4:49:09 PM  
I'm going to wait until the "Dropping inflation is bad news for Biden" article comes out before I make my final judgment.
 
2022-08-08 4:49:10 PM  

Peki: sinner4ever: Do you know what would work better?
A- Going after price gouging corporations reporting record profits instead of trying to lower wages and hurt people trying to buy homes.

Aw but that might actually help people other than shareholders, and we can't have that now, can we?

/s


The other day, I was at a bar, and there was this guy there loudly composing about oil company profits, and how he doesn't understand how they can't be with $50 million in profits instead of $500 million in profits if it meant cheaper gas. And everybody at the bar AGREED with him.

It took every figure of my being to be like "no Matty, don't stand up and talk to these strangers at a sports bar about our lord and savior: democratic socialism. This is not the time me, place, or the people." But it just goes to show what I've always said: everybody hates living under capitalism, even if they don't realize it yet lol
 
2022-08-08 4:49:24 PM  
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Fark user imageView Full Size
 
2022-08-08 4:49:32 PM  
Corporatists want to pretend it is more complicated than it looks and you are too dumb to understand
1 - Inflation means companies are raising prices on Americans
2 - Conservatives want you to believe that hurting the working class is the only way to stop prices from rising
3 - The working class have no say over what the prices are because our system supports mainly monopolies and trusts
 
2022-08-08 4:49:35 PM  
Forget inflation, what about post COVID price adjustments?  Current lumber and food prices (especially meats) CANNOT become the new norm once production is restored.  Bacon and beef are becoming luxury items.
 
2022-08-08 4:49:44 PM  

geom_00: I feel like I am MUCH better not knowing this, but yet, I feel like I need to ask it:

What is this "Dark Brandon?"


You know how the MAGAts like to chant "Let's go, Brandon" as code to say "Fark Biden"?  Basically, this is turning it on its head, referring to Biden as "Dark Brandon", ie if the MAGAts want Brandon to do well, when Biden does well it is the opposite of that, thus a Dark Brandon.  I wouldn't say it is anywhere near the most deeply philosophic or effortlessly blithe reference, but it gets to piss on MAGAts, so I'll allow it.
 
2022-08-08 4:50:42 PM  

MattytheMouse: Peki: sinner4ever: Do you know what would work better?
A- Going after price gouging corporations reporting record profits instead of trying to lower wages and hurt people trying to buy homes.

Aw but that might actually help people other than shareholders, and we can't have that now, can we?

/s

The other day, I was at a bar, and there was this guy there loudly composing about oil company profits, and how he doesn't understand how they can't be with $50 million in profits instead of $500 million in profits if it meant cheaper gas. And everybody at the bar AGREED with him.

It took every figure of my being to be like "no Matty, don't stand up and talk to these strangers at a sports bar about our lord and savior: democratic socialism. This is not the time me, place, or the people." But it just goes to show what I've always said: everybody hates living under capitalism, even if they don't realize it yet lol


For reals.

But the moment you suggest they pay taxes to help others it's "oh no, they *earned* that money, you can't take it away from them!"

Like hell we can't.
 
2022-08-08 4:51:05 PM  

Halfabee64: Forget inflation, what about post COVID price adjustments?  Current lumber and food prices (especially meats) CANNOT become the new norm once production is restored.  Bacon and beef are becoming luxury items.


Houses became luxury items and we did nothing. Cars are right about there, too.
 
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