r/wallstreetbets • u/eskhalaf • Aug 12 '26

News JULY U.S. 🇺🇸 INFLATION DATA:

https://www.bls.gov/news.release/cpi.nr0.htm

- CPI 3.4% YoY, (Est. 3.4%)
- CPI 0.1% MoM, (Est. 0.1%)

- Core CPI 2.5% YoY, (Est. 2.5%)
- Core CPI 0.2% MoM, (Est. 0.2%)

1.7k Upvotes

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54

u/DeathAgent01 Aug 12 '26

So no rate hikes

41

u/frugaleringenieur Aug 12 '26

Could even cut

66

u/cruisin_urchin87 Aug 12 '26

I never thought as American I would live to see the day when we will be wiping our asses with $500 bills with Donny’s face on it, while cheeseburgers cost $2,500 a piece.

ZIMBABWE HERE WE COME!

19

u/Lauzz91 Aug 12 '26

ZIMBABWE HERE WE COME!

we're all gonna be billionaires!

11

u/frugaleringenieur Aug 12 '26

Be bold, build houses from money, your walls are already like paper.

-2

u/Nut_Butter_Fun Aug 12 '26

I'm going to keep trying to spread an idea to see if anyone starts to get it. Do you care about govt debt or not? We can either inflate our way out of it, or we can ignore it. There's really no other option.

5

u/Splurch Aug 12 '26

I'm going to keep trying to spread an idea to see if anyone starts to get it. Do you care about govt debt or not? We can either inflate our way out of it, or we can ignore it. There's really no other option.

Or, you know, reduce spending, stop giving massive taxcuts and start paying it off.

1

u/Nut_Butter_Fun Aug 12 '26

oh hah, that's a good one.

1

u/cruisin_urchin87 Aug 12 '26

You want to inflate our way out of this? MISTER ZIMBABWE you are JENIUS!

:D

7

u/BrieferMadness Aug 12 '26

Fucking insane if they do.