Higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture.

12 points

Whole lot of mixed messaging about the economy lately. I feel like they really cherry pick numbers sometimes. Groceries definitely don’t feel cheaper to me, I don’t give a shit how much a TV costs now.

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3 points

yeah. swear I just saw an article on how inflation is not slowing as much as before the other day.

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3 points

Yeah I swear every article I read contradicts the previous. Feels like a ton of mixed messages and BS

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1 point

That was a shift from 0.2% to 0.3%, which still isn’t nearly as bad as it was. Things fundamentally seem to be trending in a good direction.

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2 points

yeah but we are talking on a monthly basis.3.6 compared to 2.4 over a year if the one kept up from the other and the 2.4 is more target. Granted inflation generaly exludes many necessities so even in low inflation day to day essentials like food and energy can be high.

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11 points

Not in #Florida. Groceries are at an all time high, thanks to mismanagement from our #fascist #GOP government.

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3 points

That’s in line with the article. Prices aren’t going back down, but they’re rising slowly again, like we want them to.

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5 points

Um, they’re still in the stratosphere. The price gouging never stopped. Yes, we want them to come back down to normalcy.

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5 points

You don’t want deflation, no. I know we all want to pay less for the things we buy, especially necessities, but if your grocery prices, in general, came down in price, there’s a good chance that’s a reflection of worse economic conditions.

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9 points
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Who the hell is buying motor vehicles and furniture in this economy? We can’t even afford rent and food!

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2 points

My partner’s junk Hyundai Genesis that she loved died - the engine’s timing belt failed and destroyed the whole engine in the process. No new crate engines exist for sale so It was either spend $7500 on a used engine and hope it’ll last longer, or buy something else - it sucks as it was terrible timing all around.

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0 points

Yup, you’re supposed to replace those timing belts every so often so that doesn’t happen. I’m seeing recently sold engines on eBay for $1.5k -$3k so the quote you got was quite high since there shouldn’t be 40 hours of labor involved.

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1 point

Wrong engine block. This was the 2.0 Theta II RS T-MPi used in the Genesis Coupe. That engine has a timing chain, rated to last the lifespan of the engine - and it sure as hell did because it took the whole engine with it! haha this was a garbage engine, they discontinued it years ago.

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2 points

That’s the point.

Nobody can afford these goods, prices are falling.

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5 points

Well, that’s not a good thing. It means people are teetering on the brink of poverty, aren’t spending on anything but bare necessities, and that’s going to cause a major recession and put a buttload more people on the street.

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1 point

Consumer spending in general is actually still quite strong, but the growth has slowed a bit.

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7 points
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There aren’t any declining cost of ANYTHING! Everything is still going up!

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1 point

That’s what they’re saying, it just went up less compared to previous time periods. You will always have inflation unless something really bad happens.

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