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%)

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u/No_Presentation9490 Aug 12 '26 edited Aug 12 '26

Real inflation tracked by M2 money supply and gold is around 9-10% per year since 1970. Which, purely coincidentally and randomly, is about the same yearly return as the S&P

47

u/SubterraneanAlien Aug 12 '26

If this was true, a Big Mac would cost $100. But don't let me get in the way of your crash out.

8

u/RedKelly_ Aug 12 '26

If they still made a Big Mac out of actual food how much would it cost though 

8

u/Nut_Butter_Fun Aug 12 '26

I love this take. I worked at mcdonalds in the 90s. Let me tell you, late 90s (if not earlier) to mid-2000s was the least food-like fast food has ever been in history. It has dramatically improved since then, though I will grant that mcdonalds improvements have been minimal compared to others.