Popular Post Sparktrader Posted April 12, 2022 Popular Post Share Posted April 12, 2022 US inflation 8.5% worst since 1981. Going to result in higher borrowing rates. Will move around the world. 1 2 Link to comment Share on other sites More sharing options...
StayinThailand2much Posted April 12, 2022 Share Posted April 12, 2022 (edited) Had to laugh yesterday when I read official Chinese inflation figures for March 22; PPI: 108.3, but CPI: 101.5 ... What happened to the 7% difference? Exported? Edited April 12, 2022 by StayinThailand2much Link to comment Share on other sites More sharing options...
Sparktrader Posted April 12, 2022 Author Share Posted April 12, 2022 6 minutes ago, StayinThailand2much said: Had to laugh yesterday when I read official Chinese inflation figures for March 22; PPI: 108.3, but CPI: 101.5 ... What happened to the 7% difference? Exported? Data fudging 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 12, 2022 Author Share Posted April 12, 2022 5.28% Thai 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 12, 2022 Author Share Posted April 12, 2022 inflation just hit its highest level in 41 years, but if we use the methodology from 1980, the annual rate is closer to 16.8%. 1 1 Link to comment Share on other sites More sharing options...
Popular Post impulse Posted April 12, 2022 Popular Post Share Posted April 12, 2022 (edited) Anyone who believes that inflation is just 8.5% must be living in one of the states that just legalized weed. Or they hire someone else to do all their driving and shopping. Edited April 12, 2022 by impulse 3 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 12, 2022 Author Share Posted April 12, 2022 The data sets are manipulated. More like 12 or 13%. Add 50% to official figures. 2 Link to comment Share on other sites More sharing options...
Popular Post Neeranam Posted April 12, 2022 Popular Post Share Posted April 12, 2022 More like 15-20%. There are consequences for printing all that money. 7 Link to comment Share on other sites More sharing options...
freedomnow Posted April 12, 2022 Share Posted April 12, 2022 ...and mortgages below inflation in UK anyway - so that won't last long with banks bleeding real rate loss... Meanwhile people line up to pay crazy outbidder prices based on these rates under inflation currently... 1 Link to comment Share on other sites More sharing options...
dj230 Posted April 12, 2022 Share Posted April 12, 2022 (edited) Thats just headline inflation due to last months spike in oil prices, the core inflation was actually lower than expected, that's all that matters. Inflation is peaking in the US, economy already slowing down Edited April 12, 2022 by dj230 Link to comment Share on other sites More sharing options...
1FinickyOne Posted April 12, 2022 Share Posted April 12, 2022 5 hours ago, Neeranam said: More like 15-20%. There are consequences for printing all that money. sure, why print money when we could just sneeze out crypto Link to comment Share on other sites More sharing options...
NotYourBusiness Posted April 13, 2022 Share Posted April 13, 2022 It's strictly transitory. Didn't you get the memo? Link to comment Share on other sites More sharing options...
Popular Post Bangkok Barry Posted April 13, 2022 Popular Post Share Posted April 13, 2022 I'm confused. This is a Thai forum discussing inflation rates in the US and UK. As for Thailand, the actual rate seems to be out of control, at least regarding food prices. Many things that I buy have increased by over 50% and some have even doubled in the past few months. 6 1 Link to comment Share on other sites More sharing options...
Popular Post Henryford Posted April 13, 2022 Popular Post Share Posted April 13, 2022 But the Big Guy says it's all Putin's fault. Nothing to do with the $5 Trillion the Fed printed. 3 1 3 Link to comment Share on other sites More sharing options...
Popular Post ujayujay Posted April 13, 2022 Popular Post Share Posted April 13, 2022 2 hours ago, Bangkok Barry said: I'm confused. This is a Thai forum discussing inflation rates in the US and UK. As for Thailand, the actual rate seems to be out of control, at least regarding food prices. Many things that I buy have increased by over 50% and some have even doubled in the past few months. Whats increased "over 50% or doubled"???????????? 3 Link to comment Share on other sites More sharing options...
Neeranam Posted April 13, 2022 Share Posted April 13, 2022 3 hours ago, Bangkok Barry said: I'm confused. This is a Thai forum discussing inflation rates in the US and UK. As for Thailand, the actual rate seems to be out of control, at least regarding food prices. Many things that I buy have increased by over 50% and some have even doubled in the past few months. Although we live in Thailand, business around the world, especially from our home countries is of interest. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted April 13, 2022 Share Posted April 13, 2022 With the dollar losing value every year, sure the best play is to borrow some and put it in assets that don't lose value, and maybe even gain value? My brother owns an art gallery, I'm thinking of buying art, property, bitcoin, which actually increase in value. Link to comment Share on other sites More sharing options...
Popular Post CrunchWrapSupreme Posted April 13, 2022 Popular Post Share Posted April 13, 2022 I teach online and get paid in dollars. The students often ask why so many of us live in Thailand. I have to tell them because this is where the dollars are a nice bit of extra money, while in the US they're now a pittance. I'd make more flipping burgers, which still wouldn't put gas in my car, nor get me an apartment. 3 Link to comment Share on other sites More sharing options...
bkk6060 Posted April 13, 2022 Share Posted April 13, 2022 (edited) Those of us that reside here rather then western countries are fortunate on this issue. Inflation for food is generally lower, housing much much lower, hotels for a 3 to 5 star are much lower, fuel is difficult to control. Still can buy food from Thai markets and street food at low prices have not seen any large increase maybe 5 or 10 baht. Fruits and vegetables and some meats are triple in western places now compared to here. I fly a lot and surprised they still charge 1000 b including tolls from Pattaya to Suvarnabumi same as 5 years ago. Bottom line, it has not really hit here yet. But, a big part of inflation is demand. When tourists start coming again expect prices to go up much more. Edited April 13, 2022 by bkk6060 1 Link to comment Share on other sites More sharing options...
Photoguy21 Posted April 13, 2022 Share Posted April 13, 2022 14 hours ago, Sparktrader said: Data fudging I dont think they actually fudge them as that implies knowing what the real figures are. I would think they would decide on a number and ignore the facts. 1 Link to comment Share on other sites More sharing options...
newnative Posted April 13, 2022 Share Posted April 13, 2022 On the bright side, for those of us living here getting US social security, it should result in another nice bump in the COLA. 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 13, 2022 Author Share Posted April 13, 2022 11 hours ago, dj230 said: Thats just headline inflation due to last months spike in oil prices, the core inflation was actually lower than expected, that's all that matters. Inflation is peaking in the US, economy already slowing down So called core 6.5% still dodgy. All manipulated. % rates are supposed to be 3% higher than inflation. Link to comment Share on other sites More sharing options...
bronzedude Posted April 13, 2022 Share Posted April 13, 2022 My wife complained to me that her somtan seller just raised her price from 60 bht to 105 bht. The good news is that she went to the market and bought her own ingredients started making the somtam herself. 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 13, 2022 Author Share Posted April 13, 2022 75% inflation Link to comment Share on other sites More sharing options...
Troy Tempest Posted April 13, 2022 Share Posted April 13, 2022 4 minutes ago, bronzedude said: My wife complained to me that her somtan seller just raised her price from 60 bht to 105 bht. The good news is that she went to the market and bought her own ingredients started making the somtam herself. Unless her previous Somtam seller looks like this she won't be selling much at 105 Thb a time! Link to comment Share on other sites More sharing options...
Bangkok Barry Posted April 13, 2022 Share Posted April 13, 2022 2 hours ago, ujayujay said: Whats increased "over 50% or doubled"???????????? Potatoes from 28 to 48 a kilo, chicken carcasses for the dogs from 20 to 35 a kilo, various pork items by 50%. Beers that I buy from 51 to 58. And so on. Link to comment Share on other sites More sharing options...
Sparktrader Posted April 13, 2022 Author Share Posted April 13, 2022 Rent be less due to covid. So real figures in Thailand be higher if not for that. Link to comment Share on other sites More sharing options...
1FinickyOne Posted April 13, 2022 Share Posted April 13, 2022 2 hours ago, Neeranam said: With the dollar losing value every year, sure the best play is to borrow some and put it in assets that don't lose value, and maybe even gain value? My brother owns an art gallery, I'm thinking of buying art, property, bitcoin, which actually increase in value. you can't eat pictures of Campbell soup - choose carefully. 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted April 13, 2022 Author Share Posted April 13, 2022 Keystone pipeline closure will impact US for years. Massive hit to economy. Since then inflation been going up. Link to comment Share on other sites More sharing options...
1FinickyOne Posted April 13, 2022 Share Posted April 13, 2022 1 hour ago, Sparktrader said: Keystone pipeline closure will impact US for years. Massive hit to economy. Since then inflation been going up. inflation goes up because they print money... the more money in circulation, the less each bill is worth.. Link to comment Share on other sites More sharing options...
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