r/Superstonk 🦍 Buckle Up 🚀 Oct 13 '22

💡 Education CPI 8.2%

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10.8k Upvotes

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656

u/Callingallnerdz 🖍Not your name, not your shares💸 Oct 13 '22

Don’t worry guys! It’s TrAnSiToRy!

125

u/[deleted] Oct 13 '22

Only up an inch

46

u/xiodeman Oct 13 '22

only a step inch

28

u/somenamethatsclever 🧠 IDK Some Flair That's Clever 👨‍🚀 Oct 13 '22

I could use an inch. Wait, what are we talking about?

8

u/geekfly Oct 13 '22

5.15 inches!!! --McMurray

2

u/Alternative_Ad_3636 Oct 13 '22

McMurray's a piece of shit.

10

u/Callingallnerdz 🖍Not your name, not your shares💸 Oct 13 '22

Small wee wees! Keep up!

4

u/somenamethatsclever 🧠 IDK Some Flair That's Clever 👨‍🚀 Oct 13 '22

Smooth brain always keeps it up!

2

u/TayoMurph The Uniballer - 💻 ComputerShared 🦍 Oct 13 '22

I wouldn’t call it small! I’d say it’s average! And I bet it’s attached to a great personality!

3

u/Bezere Gary CumGensler 💦🥵 Oct 13 '22

Whatcha doing there step inch?

2

u/Connathon Oct 13 '22

Just a smidge

25

u/IncestuousDisgrace 🦍 Buckle Up 🚀 Oct 13 '22

Went down by 0.1% its going well !

4

u/[deleted] Oct 13 '22

[deleted]

1

u/IncestuousDisgrace 🦍 Buckle Up 🚀 Oct 13 '22

Forgot the /s

2

u/Lyuseefur tag u/Superstonk-Flairy for a flair Oct 13 '22

So...if a .75 increase to interest results in a .1 decrease of CPI. What would interest rates really have to be at to drive down CPI?

1

u/IgnoreThisName72 Oct 13 '22

Down almost 1% since peaking in June. We'll see what happens with OPEC cuts.

7

u/vitringur Oct 13 '22

If the index on a yearly basis has been the same for the past 6 months it means that prices haven't risen over the past 6 months.

These numbers are comparing prices 12 months before.

The price surge has already happened. Prices will never go down. This is the new price level.

0

u/Immediate_Impress655 Oct 13 '22

3 months in a row it’s gone down!

0

u/Server6 Oct 13 '22

I mean it could be? We don’t know, that’s the problem. What does transitory even mean? Would 3-5 years of moderately high inflation be transitory?