Social Security benefits are on pace to lose buying power in 2025

[mathjak107]

Like I said, the government ran the printing presses overtime.

what we experienced is more inflation from supply demand and push pull inflation then monetary inflation .

you can clearly see this because the money supply has not changed but inflation has fallen a lot from the highs

 

[Teacher Terry]

3 years ago when inflation started I eliminated or substituted cheaper items for services that I regularly use. I also lengthened time between services such as getting my dogs groomed every 3 months instead of two, etc. I’m constantly changing the brands I buy at the grocery store because of cost increases.

 

[mathjak107]

most people have changed their buying habits .

which is another reason the cpi which is only a price change index does not actually reflect anyone’s cost of living

 

[OneEyedDiva]

3 years ago when inflation started I eliminated or substituted cheaper items for services that I regularly use. I also lengthened time between services such as getting my dogs groomed every 3 months instead of two, etc. I’m constantly changing the brands I buy at the grocery store because of cost increases.

That's how it's done Terry.

 

[Brookswood]

I don’t even groom myself every three months.

 

[seadoug]

For anyone interested in the reasons for inflation this is a good watch. I found it quite interesting. The interview is with the President of the European Central Bank.

 

[HermitHogan]

For anyone interested in the reasons for inflation this is a good watch. I found it quite interesting. The interview is with the President of the European Central Bank.

That was good!

I wish she would have suggested an excess profits tax and a tax on stock buybacks, and maybe a little trust busting, too.

 

[mathjak107]

That was good!

I wish she would have suggested an excess profits tax and a tax on stock buybacks, and maybe a little trust busting, too.

stock backs occur generally when a company’s investors , namely the shareholders are seeing a poor return on their money .

stock buy backs help bolster the stocks when investors might other wise bail out causing a further decline .

that can cause loss of jobs , loan defaults, etc .

there are ramifications for every thing and it effects all of us as consumers.

no corporation has ever paid a penny in tax or tariffs .

they only tack it on the prices we pay and pass the costs to us.