The pundits, economists and financial media are shocked, perplexed, befuddled and flummoxed. The Bureau of Labor and Statistics has released the January inflation data [SEE HERE] and the results are much better than they expected.
Overall inflation is 2.4% year-over-year, and there are zero indications that tariffs are having any impact on consumer prices [See Apparel].
CORE inflation, which removes food and energy, comes in at 2.5% year-over-year, the lowest number since March 2021. This is like reliving 2018 all over again, when the pundits proclaimed with absolute certainty that Trump’s tariff approach was going to cause inflation; it never happened.
VIA ABC – Inflation cooled in January, dropping price increases to their lowest level in nine months, new data from the Bureau of Labor Statistics showed. The lower-than-expected reading defied fears of a tariff-induced hike in overall costs.
Prices rose 2.4% in January compared to a year earlier, according to the Consumer Price Index.
The data arrived days after fresh hiring figures showed stronger-than-expected job growth in January, even though an updated estimate released at the same time indicated a near-paralysis of the labor market last year. (read more)
While it is likely prices will never reset to the 2021 levels, at least right now we have wages growing faster than inflation, which essentially nulls the inflationary impact within the economy.
🚨 HOLY SMOKES. CNN was just forced to report that President Trump successfully lowered annual inflation to the LOWEST in YEARS
“That’s the lowest annual inflation rate for core since March of 2021 — before the inflation crisis!”
WOW! Going back to Trump Term 1! 🔥🔥
“It’s… pic.twitter.com/2Nth2WlD3U
— Eric Daugherty (@EricLDaugh) February 13, 2026
The reset doom narrative will have to be reset.
“CORE inflation, which removes food and energy …”
They’re excluded because they’re “volatile” … yada yada
Volatility is not a valid reason for them to be removed
It’s a reason to run a frikken smoothing average through them !!!
Is it just me? Am I taking crazy pills here?
What the hell else do you spend money on week to week?
Food and Energy:
Groceries
Fast food
Gas up your car
Heat / cool your house
The only thing not included is that mortgage payment once a month
“Volatile” my a$$
I agree wholeheartedly! I’ve often wondered why they exclude food and energy when those are the items whose cost most affects the average household. And why do we never hear the inflation rate if those items were included? The pundits over analyze everything else, so why not that? 🤷🏻♀️
I believe the Rats did that originally. You know how financially savy(sp?) they are! SPIT!!!
Exactly. Democrat/Communist policies always lead to economic decline; so they fudge the numbers. They spend millions smoothing, seasonality, and hundreds of other ways. Compare year over year, Month over same month a year ago and there is no need for all these number crunchers. But then your policies have to work.
They did it to tamp down Cost of living adjustments for social security payments.
And to hide the true impacts of their policies.
Oh, H*ll yeah says the angry old woman receiving Social Security!!!
Give those WBs (the phrase I grew up calling those Illegal Aliens) all kinds of money that I worked my Aspirin off earning just so I could be robbed by the government and short-sheeted in my retirement.
It would not be a very pleasant conversation to sit back and watch if I was ever close enough to actually talk to, more like Scream at, John Cornyn, Ted Cruz, or Chip Roy.
Yep. The real increase should of been 12 to 20%. Not 2.8%
And how did you come up with that precise number? 🙄
😂 😂
your about as reliable as the msm is at reporting things.
Bingo!
Sharon they excluded it because it makes Dem policies / administrations look bad. MHO
Perhaps I misunderstand your comment but the article states “…Overall inflation is 2.4% year-over-year…” and “…CORE inflation, which removes food and energy, comes in at 2.5% year-over-year…”
because the governments published inflation rate is not for the sweaty walmart people. its for the donor class.
Core inflation reflects less for the average consumer than do the excluded items. And for retirees, the excluded items represent most of their expenses.
Just like they exclude anyone unemployed that is not collecting unemployment benefits from the numbers of unemployed. Anyone unemployed long-term is excluded from their published count. The U-6 numbers are closer to actual.
EXACTLY!
And, that is the problem. My wife has seen zero good movement on grocery prices – and that is a problem as I’m sure she is not alone. Same experience with gas – no real changes since Biden.
The economy is not “fixed” until those are “fixed”.
Regardless of the good news and a great stock market, the perception was that Republicans would “fix” Biden’s errors that ran deep into people’s daily lives. So far, no real change.
She has not seen lower gas prices?
Sometimes, but not really anything “wow” worthy (in south central Ohio.)
What’s wow? $2? Give me a break. Gas is a lot less. Try harder.
Gas is $3.19 (regular) in central Oregon right now. That’s at the “low priced” places like Safeway and Space Age.
SW burbs of Chicagoland, still high at 3.29.
Compare the State gas price to others that are 2.49 or less in NC
Coastal SC 2.44
Well There Is Your Problem.
The People’s Socialist Republic of Oregon is not a whole lot different than The People’s Socialist Republic of California.
Either Change your state or change your State.
$2.78 in North Florida. Check your state gas tax!
Hopefully your snarky attitude is not shared by the people running the Republican campaigns this year, because if it is, we’ll get wiped out.
Perception is KING. If people do not perceive any big changes, they will not value all of the work that has been done to improve the economy.
Grocery stores and gas pumps are what people experience and that forms their perceptions whether you like it or not.
You have seen Karen with purple hair, horned rimmed glasses, and pierced tongue. She is mad & screeching at the pump that under Biden her auto could hold $100 of gasoline and now under that damned Trump her auto only holds $65.
My house is worth triple what I paid for it. Now I can sell it and buy a house three times as big!
That is FUNNY, but probably ALL TOO TRUE!
you just said it, ‘perception’. the lie. what has to happen to get TDS victims to acknowledge anything good under trump? nothing. it will never happen. the repubs also have to present the other aspects of dem rule. up to our ears in transvestites. open border again. nut job climate change leaders and boots on the ground in ukraine. and if they take the executive in 28, a DOJ/FBI/CIA that will force regular americans hand. civil conflict.
I knew you were up here for a reason,and it was not cost of living. There are many variables on gas prices , like the state gas tax that is on it. The cost of food is not what the raw material costs,but how much is set by middle men and grocer himself.
See hows this sounds now. ” Hopefully your snarky attitude is not shared by the people running the Republican campaigns this year, because if it is, we’ll get wiped out.”
I remember a time when gas was extraordinarily high, and grocers, locally, shook their heads and said they HAD to raise grocery prices because they had to pay a lot more for the gas for their trucks to bring the groceries to their stores. Guess what?
After gas prices went back down, the grocery prices did not!
It’s $5 in California and the gas tax isn’t $3 a gallon.
Paid $2.59/gallon in NE Ohio this past week.
It’s an improvement, but not the $1.87 in VSGPDJT’s first term. VSG= Very Special Genius 😊
Giving it time due to many other important efforts – World peace; catapulting illegals; waste, fraud, and abuse; abuse; free and fair elections; halting child trafficking; drug boats and cartels; fair trade agreements; ditching NATO, Marshall Plan, USMCA, and WHO; and many good MAHA wins, etc.
Actually, the “S” is “stable” not “special” — but otherwise, spot on!
Good catch, thank you!
No but it is almost a $1 a gallon.And your dimwit gov ,just closed down the last two oil refineries in your state.That is alright ,you got plenty of solar and wind,go by a EV.
“…and the gas tax isn’t $3 a gallon.”…YET!
Gas where I am runs 2.75 to 3.29 for regular
$2.35 east Tennessee
And my recollection was we were bumping or over 3.00 with Biden/Obama
Wow! That’s crazy! Near my home Regular gas $2.15/gal. and deisel $2.79/gal. I consider these prices really good.
I know I have and I use mid-grade octane. Of course I drive a minimal amount ($25/mo.). Was over $30.
I’ve seen the snow melting faster this winter than the gas prices dropping appreciably.
Last fill up it was still hovering at about $2.89 or so for regular unleaded.
Have you seen gas prices lower? I admittedly only buy premium, but it has been $3.75+/- for the last 4-5 years in my neck of the woods. (NC)
Best price this winter was $2.59 cash in central NH
Washington State (western Washington) Costco
Reg: $3.85
Prem: $4.49
Yes, I’ve seen them much lower. Gas in Oregon was $2.25 before O’Biden was installed.
I use Smiths in Utah and with my points from grocery shopping, paid $1.99. My husband and I said Thank You Trump out loud.
Good chance those prices never go down. Certainly not as much as they went up.
and “shrinkflation”
all those 12-ounce cans of green beans, kidney beans, canned corn, etc
… are now 7-ounce cans
I’ve been astounded at the change in that aisle at the supermarket
think of the waste of canning metal to put 12 ounces of kidney beans in that pot of chili you’re making on the stove !
it’s almost TWICE as much metal (precisely, it’s a factor of 1.7 greater)
where are Greta and the environmentalists?
Greta? I think you need to say her name three times in a row, like Beetle Juice. Don’t do it.
Amen!
Yep. And coffee went from 16oz to 12oz now it’s 10oz but the price hasn’t changed.
Yep, shrinkflation at it’s best.
Things never come down as fast as they go up?? HMMM? Squeeze those consumers for every last penny they’re willing to spend.
Yes it has, it’s gone up!!!
Good evening nim. I do not use canned beans for my chili. I buy the dry beans and they taste much better. I just soak them overnight and they cook up fairly quickly. I then add them to the other chili ingredients and cook it. But then, I cook most of my meals from scratch.
I store my bags of dry beans and my bags of rice in the freezer. They stay fresher that way. I use rice and beans in a lot of my recipes, especially when the weather is cold.
Have a blessed and wonderful weekend.
Soak those beans in a bucket of water overnight. The next day drain them, wash them again, then soak them a few more hours, then pressure cook them.
They will cause less gas on your digestive system.
Beans, beans, eat more beans.
The more you eat, the more you want😂.
Lots of protein and fiber, and they keep the digestion marching.
Think I’ll make a batch of chili this week.
From dry beans. Mmmmm.
That last line is not exactly how my daddy said it!
His went, “Beans, beans, a wonderful fruit. The more you eat, the more you poot!”
(Now more commonly referred to as “toot”.)
Been doing more dried beans lately. We have two Instant Pots. Soaking beans 10-12 hours then Instant Pot pressure cooking for a short time with a follow-up short slow pressure release time produces perfect results.
Thanks Pat, but I was mainly using cans as an example of shrinkflation because we’ve all picked them up in the aisle and tossed them in the shopping cart
Beets, if you will
Beans… I crave them. I buy them dry in 1 pound bags, dirt cheap compared to canned and NO salt unless I add some. They’re a nutritional bomb, plus they’re creamy and delicious. Extra cooked beans freeze well for another meal.
Yeah, those same 7 oz are the same price though. So you get less and pay more per oz.
During the ScamDemic I stockpiled, among other things, Bounty paper towels in the big sheets, not the little ones.
After the Inauguration of Donaldus Magnus I started using the stockpile.
Wow! You should see the roll size difference. Those old ones are Yuge up against these tiny ones of today.
Toilet paper too. Rolls used to be a 1/2″ wider. Joe did that.
Amen, again!
Amen!
The packaging shrinkage is ridiculous. Soon the cereal aisle will be lined with those tiny single serving boxes you see at restaurants.
The other thing we’ve noticed is that the old “cheap” home cooking staples, like dried beans, rice, etc. are also at all time highs. Same for fresh produce. Sometimes the cost difference between those their more prepared alternatives is not as significant as it used to be.
My wife has seen zero good movement on grocery prices
What your wife is describing perfectly is ZERO inflation
We must keep notions of “price” separate from “inflation”
Prices are now higher than we’d like because of gross inflation mostly in the Biden years
Higher prices are a racheting result of inflation rotating the price gear
The gear rotates and the rachet wedge clicks in on a new tooth farther around the gear, preventing the wheel from back-rotating (to lower prices)
Prices have inflated to where they are now
The only thing that will bring prices down is if the costs of producing and transporting goods to markets decline, and if cost savings are honestly conveyed on to the consumer by producers, middlemen, and retailers
If you’re waiting for prices to decline, you better make a big pot of coffee
So you can go back to your wife and tell her
“That’s great, honey, that means that President Trump’s administration has cut inflation to ZERO !”
Signed,
How Things Actually Work
… I’ll be here all week, try the veal …
ps — if PresTrump and the Republicans can’t explain this to Americans by the mid-terms, they’re gonna take a beating
no joke
I still blame the greedy wholesalers.
Before November 2024 eggs in Bandera county, about 35 miles Northwest of The People’s Socialist Republic of San Antonio, eggs were and had been for the past 4 years, $3.89 for large grade A.
On Inauguration Day the price jumped to $6.50 or more and stayed that way until Donaldus Magnus threatened legal action against those Sons of Biscuit eaters.
The price quickly fell to the 4.00 Plus range, then in the summer those Sons of Biscuit eaters finally dropped back to the $3.89 range.
Later, after I cool off, you might want to ask me how I really feel about those €£¥$.
im your neighbor over in Kendall County NN! Love the “Donaldus Magnus” moniker!
I feel your pain! On all counts!
However, we do need to remember that MILLIONS UPON MILLIONS OF CHICKENS, INCLUDING EGG LAYERS, WERE SLAUGHTERED DUE TO THE BIRD VIRUS THAT WAS RAVENGING THE FLOCKS. The egg producers/companies had to spend money to install innovations to protect their chickens. Then, they had to regrow their laying hen stock.
I give them a break.
“A break.” Nudge, nudge, wink wink… Get it?
Definitely one of the 9,000 things I worry about!
Part of the inflationary pressure was also due to fuel costs (which you’ll find Sundance himself has talked about). Therefore, not all of the upward pressure needs to stay.
Secondly, your comments are applicable to many things, but I fuel (gas) prices go up and down all the time, and thus movement in this area would be expected.
Look at the inflation rates for those items in the chart Sundance posted.
Food at Home is 2.1 – good
Food away from Home is 4.0 (I wonder if higher wages contribute to this increase)
Food as a category is 2.9
Fuel oil is down 4.2 (good for people using oil to heat.
BUT then look at electricity and piped gas (not gasoline)
Electricty up 6.3
Utility gas Piped up 9.8
Under services, there is Shelter up 3.0
These items hit the average family every week, every month. So I can easily understand the continuing complaints about those areas. And it is easy to blame the administration. And remember the average Joe/Jill don’t make a lot of money in the stock market since all their money goes into food, utilities, shelter and insurance.
I’m not sure President Trump takes these facts into consideration.
yeah, like I said, he and his administration need to find the right story to the American Public before the midterms or they’re sunk
… to TELL the American Public …
Looked at the last statement from Puget Sound Energy. We’ve got gas heat.
For most recent month, cost of gas was up 32%, correcting for slight diffenece in usage.
At 32% per year increase, it will take a little over 2 years to double.
For most recent month, cost of electricity was up $14, again, usage corrected.
At that rate, cost will double in about 5 years.
As I recall, a few years ago, the brilliant Washington voters authorized a requirement to purchase carbon credits. We never lear.
We Can’t make a big pot of coffee; it is $15.00 a can up here in Northern NYS. and I think that was at Walmart.
I switched to Bustelo espresso. I use a moka pot and save 30%. Dang good coffee too, I won’t be switching back either because drip coffee tastes watered down now.
You’re an Economist? And to think, all this time we thought you were a somewhat deranged basketball player!
LOL 🏀🏀🏀🏀🏀
Prices are now higher than we’d like because of gross inflation mostly in the Biden years
Exactly. I heard a PDJT Cabinet Member (Brooke Rollins, IIRC) state that cumulative inflation over Biden’s 4 years was just below 24%. I often throw out this nugget for the moonbats.
I doubt we’re going to see deflation to that level, if at all. However, I also let the moonbats know that wages are currently outpacing inflation. That along with tax breaks will see Main Street America with more spending power in 2026.
By the way, gas 25 miles south of Boston is around $2.65/gallon for 87 Octane; immensely better than the routinely $3+ during the biden years.
To get prices down to the level they were when Biden took office will require deflation to the tune of 20+%. That isn’t going to happen.
So your wife expects deflation?
Yesterday, I filled up my car with $1.99 regular. On January 26 last year, I paid $2.52. That’s a 21% decrease since President Trump took office.
I’m happy for you. Our gas prices stay well above that.
https://gasprices.aaa.com/?state=OH
But, hopefully they’ll eventually come down to your level.
Not all of America is able to “enjoy” lower gas prices…blue state blues…
Under modern Fed Fiat currency easing policy. spending induced Inflation never allows the grocery prices to return to their costs/prices prior to the Fed’s Quantitative Easing (See Biden’s $ 7 Trillion spent/9+ inflation results).
The best Trump/Admin can do is to slow and reduce the rate of inflation. This is an historical economic pattern,….. not an excuse for Team Trump.
More Winning, Please.
I am seeing food prices (except for beef) coming down in our area. Natural gas and electricity are up, but those have been off set by lower gasoline prices.
last year at this time, egg prices in my Inland NW town were about 29.99 for 5 dozen. They are currently 11.79. This is a huge decrease. Coffee is up but then there was a world wide virus that to kill the virus they had to pull the plants and burn them. #10 cans are about the same, some went up, others came down. Flour, sugar and salt all stayed about the same or came down a little. A gallon of milk was 2.82 for whole milk today. Now I can’t talk about veggies or fruits because I do not buy them. We grow what we eat and eat what we grow. Chicken prices are down from a year ago but about the same unless you buy only organic which frankly is a rip off. I would not be organic because I feed my chickens table scraps, things from the garden, things i canned and then decided nope that just tastes nasty. I have been told this makes my chickens non organic. Also they have no vaccines at all. The feed is from a local mill that uses no GMO or corn in their products. They pay more to get wheat that is non GMO and pass on the cost to those of us who buy from them. If we need cow (right now the freezer is full of a 1/2 angus we bought a year ago) we buy local and make sure they are not grain feed for the last 2 weeks. Pigs is a different story because I need lean (no gall bladder anymore) and most pig sellers want to fatten up the pig for a higher hanging weight. SO I do go to the store for pork, buy loins at a place that only deals with local pig farmers and then we cut it into chops, roasts or make sausage from it with our grinder. So no I can’t comment on prices of things I do not buy, but remember that inflation only goes by the previous years costs. I also live in a blue state and therefore am not getting the major reduction in gas prices, but even here in Wa state we are at about 3.79/gallon. So in the summer when we do go places we go to ID for gas since it is about .50-1.00 less per gallon. They have added about 75 cents in new taxes to each gallon in the past year here, so there is that also.
think about it this way. bidens 9% is the rate it went up. all you can do is stop the rate going up. up is up. it’s there man. all indicators ,jobs ,etc. are looking good. 39000000000000 debt, not so much. better be buying land or gold. commodities. better yet, learn to be happy with what you have, that you are breathing. your health is your first million.
Health is Wealth!
Me? No white coats since 1978. 2020 medical check in Mexico….doc told me to keep doing what I’m doing! Gracias Dios!
isn’t that a blessing? i get up every morning knowing i’m not in a nursing home. chopping fiewood. running heavy equipment, at least as soon as the weather breaks. PTL.
We’ve seen gas prices down from $4.50 to $3.25 for premium. One driver of food prices was natural gas from which fertilizer is created. It takes a season for lower prices for fertilizer to work its way through the supply line, but that should come when the first crops hit the market.
Food prices may take some time, but inflation due to an increase in money supply (federal borrowing to fund illegal immigration) is not going away any time soon. That is the real tragedy of the previous administration.
You can blame Jotard for that. Once prices go up they won’t come down. The money in your pocket is going to come from higher earning and less taxes. Jotard screwed us and we shouldn’t let President Trump get blamed. I go to Walmart for groceries at least ten percent less than the chains. Capitalism will work if given the time. Remember the blue states don’t want you to see gains. They are afraid to let you see a good economy for of course their votes. They are even adding taxes to make sure of that!
Exactly.
Thank you very much, Nimrodman.
Nimrodman, I agree with your comment, entirely. However, the removal of the food & energy stats are not some concoction of the great Donald Trump administration(s). The food & energy stats have been excised from the Federal CPI (and where I live in California) for decades.; they do need to be included, otherwise the CPI stats are fairly useless.
understood, Michael
it’s been an outright fraud since the CPI was first concocted decades ago
nimrod, you are right again.
The rationalization is that food and energy price fluctuations can be can be highly volatile. Look at headline inflation which includes all items in the consumer price index (CPI) for a more complete picture.
understood, American – thx
like I said – run a smoothing average thru them instead of excluding them
CPI includes food and energy.
Sundance referred to “core inflation”, which I guess would correspond to the “core CPI” that excludes food and energy
Core CPI: Excludes volatile items like food and energy.
https://www.brimco.io/terms/consumer-price-index-cpi/
the image by Sundance shows both the inflation with and then the inflation without, and without is higher. Am I missing something here?
dunno – there are several inflation indexes, the impression will vary depending on which is presented
What is Consumer Price Index (CPI)? Definition and Formula
Scam. Scam. And mO
st people go….Oh! OKAY!!
SHEEP!!
It’s been that way since the late 70s. Apples to apples.
Anyone have the inflation rate with foods and energy included? Or is it to overwhelming to calculate? Anybody?
God help USA!!
you can search and self-educate on various inflation indexes, here’s a start
What is Consumer Price Index (CPI)? Definition and Formula
Limitations of the Consumer Price Index (CPI)
The reset doom narrative will have to be reset.
“Unexpectedly.”
My heavy cream used to cost $7 per pint but now costs $3.50. My sardines are 99cents per tin. Gas is way down.
The most gains were concentrated in health care. I hope that is a lot of doctors and nurses rather than insurance paper pushers.
It was paper pushers.
And procedure and prescription deniers…
🎯
“Women and minorities hardest hit!”
..and the chilren. Don’t forget the chilren.
Too-late Powell should lower interest rates, and the Supreme Court should let US prosper.
Interest rates are fine where they are. So sick and tired of savers always getting punished by extremely low interest rates. Having kept interest rates near zero for so many years, the central bank criminals have stolen so much money from savers and let the criminal big banks keep that money so that banks could speculate in the stock market and in other volatile investments. President Trump doesn’t care about savers, many of whom are seniors who depend on earning a fair return on their savings which they worked all their lives to accumulate. Trump would probably want to keep interests near zero always.
How many up votes can I give you…
Only one here alas.
I would like to add this idea….the investor pundits all “push” the idea of “diversifying” one’s portfolio…to avoid the squish when some sectors explode and others tank. Formulated to keep one “in” the market…
Another way we get tanked by “diversity”…..when Congress picks and choses the “winners”.
“Diversity”…ain’t it grand?/sarc.
I believe diversity is an old wooden ship
Oh and Do They WIN! … the F#cker$
So with low interest rates, minimal return on savings, we older folks are encouraged to speculate and play the market for equity appreciation in order to have any chance of a reasonable return on investments.
Always a game….
As an aside, are the statistics from government reports adjusted for the decline in the dollar against other currencies, or just against the domestic inflation?
I’m still not a fan of the big club.
I know we’ve missed out…
But should another catastrophic financial or economic event (remembering Bear Stearns and the ’87 Black Monday) cause an horrific drop, we wouldn’t have the luxury of time to watch it recover. It would be devastating for us, and so we don’t enter the Wall Street casino. We live by that age old truth…what goes up must come down.
So instead we cut our cloth accordingly and sleep better for it.
(The Big Club would not have me as a member 😎)
All the investment markets are rigged by the billionaire cabal.
I had never thought about how bad the average American is screwed once they need to rely on savings when they retire.
I had been pouring every penny I can into the S&P 500 for over 30 years.
When JObama stole the election, I took all my money and parked it in cash.
Once President Trump was re-elected, l moved everything into real companies making real things and precious metals.
Next step is converting these stocks into direct ownership of real businesses, land, and commodities.
I used to laugh at the “conspiracy theorists” that claimed the system is rigged against the little guy. Never again
That light bulb moment, eh??
And there hasn’t been only one I dare say. A veritable tsunami.
Good evening Betsy. I do not have the extra finances to even begin to get into the stock market. I’m just extremely careful with a tight budget and make sure all bills are covered, I have groceries, and gas in my car, and a roof over my head. I thank God every day for the blessings. I can do without the wants and just take care of the needs, and as Sundance said, Live My Best Life.
Have a blessed weekend.
Pat, my granddaughter makes notes in her Bible; and I asked her what sort of things she writes. So today she sent me a photo of the following…
“Cover yourself with the words of the Lord, not the clothing of this world.”
And…
“Find peace in simple things.”
And…
“Don’t be materialistic.”
This is my beautiful granddaughter who has her priorities… and her spirit…intact.
I think many people these days confuse wants with needs. We who are older and who watch our pennies understand the difference perfectly. How right you are, dear friend. Counting blessings, unto the smallest, puts into perspective what true wealth really is. Blessings always, sis…
I buy ETFs. Mostly the the S&P 500 ETFs and some invested in gold bullion ETF. The risk is much lower than trying to figure out which individual stocks to buy.
Buy as much physical gold bullion as you can safely store.
Make sure your gold EFT cannot pay you off with cash when they don’t have the real metal. (Sprott funds are backed by real metals)
Consider broadening the S&P500 beyond USA. Shift a portion into Global blend with emerging markets
“Buy as much physical gold bullion as you can safely store.”
And do not store it all in the same place. Same thing goes if you have ammunition. The only way you can have too much ammo is if you are swimming or on fire. Even if you do not have firearms, ammo can be used as barter.
Didn’t the government confiscate people’s gold after Franklin Roosevelt issued an executive order? What would keep Trump or a future president from doing it again?
That may work for you, but for my children looking to get a loan for a home or a car, lower interest rates are better for them and their families.
Buying bonds (or even a CD) will yield better than a savings account.
And, savings accounts used just for savings, have the risk of Escheatment by the state. Example: https://www.foxnews.com/opinion/carol-roth-money-your-safe-savings-account-could-vanish-overnight
You should not expect to do well “saving”. Don’t put cash under your mattress or in a CD or low interest bond. Invest it. There are a million ways to do so.
I’m an eighty something, I invested in stocks (Covid) until stocks dropped below my comfort level … then bought cds and watched stocks head back up. Sheeeet!
When PDT took office last year, changed investments in my retirement account to a stable energy based mix. Actually ended 2025 with net zero from that account. The growth in those funds offset my monthly distributions for the year. Basically lived free from that growth
Very true, but I think Trumps main reason for wanting lower interest rates is to reduce the deficit and eventually get rid of the national debt. Once those major problems are sorted out the whole country will be in great economic shape. It’s a huge undertaking and very difficult to turn around but very important that it does get turned around.
Sure, for these still alive!
It’s the high interest payments on the federal debt that is killing us. A drop from 4% to 1% will save us trillions in interest on the debt!
Mr. LincolnBeard said, “So sick and tired of savers always getting punished by extremely low interest rates.”
I understand that perspective. If someone relies entirely on interest income from savings, low rates can feel frustrating. But today’s economy requires more than just putting money in the bank and waiting for high interest rates to return like they did in the 1980s. That strategy alone simply doesn’t build long-term wealth anymore.
Early in my adult life, I realized that keeping money in a savings account would earn around 1% at best. I learned about compound interest and how, historically, a 10% annual return could potentially double your money in about seven years. That changed how I thought about money. Instead of seeing myself as limited to being a saver, I focused on becoming an investor.
You also said, “President Trump doesn’t care about savers… Trump would probably want to keep interest rates near zero always.”
Interest rates aren’t set by a president’s personal preference. They’re influenced by inflation, economic growth, and Federal Reserve policy. Low interest rates do reduce returns on savings accounts, but they also lower borrowing costs for millions of Americans. That includes families buying homes, small businesses expanding, and people refinancing debt.
Think back to 2016–2020. Thirty-year mortgage rates were around 2–3%. That allowed many Americans to purchase homes or refinance at historically low rates, reducing monthly payments and increasing long-term financial stability. Low rates helped homeowners, entrepreneurs, and investors alike.
Instead of focusing on what savings accounts aren’t paying, it may be more productive to focus on what opportunities low rates create. Every economic environment has advantages and disadvantages. The key is adapting.
Between 2021 and 2024, I bought four houses — one each year. I chose to move money out of low-yield accounts and into tangible assets. Real estate gave me something I could see, manage, and potentially grow over time. That decision was based on understanding how policy, taxes, and interest rates create opportunities for those willing to adjust.
My broader point is this: economic conditions will never perfectly favor everyone. But rather than viewing low interest rates as punishment, it’s more empowering to ask, “How can I position myself to benefit from this environment?”
Savers aren’t powerless. They simply need to expand their strategy.
low interest rates hurt those of us who save our money and don’t put everything on a credit card, except for buying a home.
And don’t buy cheap junk from Chyna.
😂
Interest rates on savings are pretty low at 7%
Where can one get 7% interest rates on savings??
I’d jump at that.
There are other investment vehicles than your savings accounts. If you spent over a decade waiting for interest rates on your CDs and savings to improve, you only have yourself to hold responsible for not seeking out options for growth.
While it is easy to predict what will happen when interest rates take a haircut, but having the SC rule against the President’s authority to apply tariffs unfettered and at will would be catastrophic in ways not even imaginable. Pray for the Justices!
Here’s a good article on the President’s options if the SC rules against the tariffs. Might work out better. Worth the read.
https://www.breitbart.com/economy/2026/02/12/breitbart-business-digest-the-trump-administrations-hidden-ace-to-rebalance-trade-even-if-tariffs-are-struck-down/
Thanks for sharing. The article clearly defines the approach he can/will take to maintain, entirely, his international economic influence and leadership regardless of an adverse SCOTUS decision on his tariff authority.
Thanks so much for sharing this excellent read, Toolnut. I had previously seen somewhere that PDJT has an ace-in-the-hole/trick up his sleeve, but I had never seen what it is. Trump seems to prefer tariffs, but that could be a head-fake by our VSGPDJT. He plays the game at much higher level.
Can you rephrase that? I can’t follow your logic. Thanks.
Trump is a master troller. This “head fake” could be just like the head fake over the Epstein files where he prodded the Democrats to clammer for their release knowing there is nothing in those files to hurt him but only things in it that hurt Democrats.
In the same manner, he may prefer what the article proposes rather than using tariffs, but he will act like he wants tariffs knowing the SC may strike it down, and in the process, he will get want he really wanted.
When Trump says look here, you need to look there instead. You know, the whole Very Stable Genius playing 5D chess thing.
Hope that helps!
The unfortunate thing is that Utilities continue to raise their rates even with fuel costs nudging downwards.
Power companies are facing reality. The days of making electricity at some dam and then shipping it out across hundreds of thousands of lines and towers, which cost a fortune to maintain, are coming to an end.
Small, mobile, and local truck sized nuclear power generators are going to replace this antiquated power delivery system. This portable power comes from the same family of power sources that have been running our battleships and submarines for over 50 years.
Oh, I certainly hope so! That makes much more sense to have a small, local power source rather than running power lines for hundreds of miles. Too much can go wrong that would affect tens of thousands of homes.
Yep. Imagine a safe, unlimited, and local power source unaffected by drought, wind, freezes, snow, rain? A landscape devoid of giant towers and lines. I wont live long enough to see it all change, but change it will.
It will all go the way of the rotary dial phone with the long telephone cord.
That is interesting. Sounds very cool!
OK, I’ll agree … as long as these nuclear start-ups do NOT receive indemnity for any ‘accidents’.
Not in all cases. We received notice from Eversource that due to the severe cold snap here in Massachusetts, they are reducing gas bills by 10% for February and March.
In addition, they are reducing bills by $35 for February and March and will add those $35 back in the summer when gas bills are much lower.
Yes.
Ignore the pundits, live your best life.
The so called “experts” are almost always wrong.
Take the Federal reserve for instance. It is little more than a group home for the economically retarded.
It’s a group home for thieves!
Proof once again that most economists have their heads so far up their behinds that they have a very limited view of things, only what they can see through their belly buttons.
They are beholden to their sock-puppet masters to skew their ‘calculations’ and reporting to be anti-Trump.
Other than tenured university professors (who mostly follow mainstream-media-omics unfortunately), they have to say what they are paid to say or they can end up without sufficient income and black-balled.
Reagan tagged these so called experts. “It’s not that they’re stupid, it’s just that so much of what they know isn’t true”.
Meanwhile, the fausses informations is gleefully reporting that all the polls, including Rasmussen, are reporting the public now believes Joe Biden did a better job with the U.S. economy than Donald Trump!
Mwhah-ha-ha, hardy-har-har!
Yeh, that’s what they’re saying!
Of course that’s not true and that’s precisely why the falske nyheder smears it across every channel!
They are desperately trying to shrink Trump’s stature in the public’s eyes…like Mary Jane, who, whenever she wanted to shrink herself said, “Magic words of Poof, Poof, Piffles…make me just as small as Sniffles!”
But President Trump is not Sniffles the mouse!
He is a giant in the world of politics!
And that, boys and girls, is why the notícias falsas’ ratings are shrinking!
PS – If you never heard of Mary Jane and Sniffles, look it up!
The propaganda tried to downplay the success of Melania. Failed miserably.
Play that video of former President Barack Obama scoffing at Presidential Candidate Donald J. Trump –
“What? Does he have some kind of magic wand?”
That was your own paucity of knowledge on display, Barack!
I seem to recall he muttered that while he travelled through the 57th state as the power crackled through the crease in his slacks. [Whew]
Quick!
Someone call a Corpse-man!!
The demokRAT party is bleeding.!
Let it bleed out.
Then call a grave digger.
Grave digger not needed.
Let the buzzards clean them up.
“Buzzards gotta eat too” J Wales
Did Barack, the “Smartazzed Man in the Room”, mutter that in his Austrian language?
(in my best Lurch voice) You Rang?
I’m sorry but mine is currently in use by PDJT.
I do have a 2nd hand wand that I am using, but it is not quite as good.
“You didn’t build that”
People can get by without almost everything included in this metric but can’t get by without food and fuel making this statistic meaningless.
Are you still paying $4/gal for gas, or has your fuel bill dropped bigly?
Which food group(s) has remained high cost, and which has reduced, in the past year on your shopping list? As SD said, you can’t expect prices to drop to pre- 2021 levels, but they’re sure close on a lot of staples.
At the gym this morning, cnn was talking tarrif trash all morning Long!!!!
Orange man badddddd
Gonna hafta finda new gym
Naw, enjoy idiot drama!
Rage is a great workout emotion -_-
Why would globalist economists lie about the relationship between tariffs and inflation? Answered my own question!
I’m old enough to remember a click of posters who’s hair was on fire due to tariffs.
Would you like a serving of humble pie to go along with that crow?
The prices will stay at Biden loser levels. I hope the “public” realize that their wages going up are from president Trump to offset the losers price hikes from his out of control spending. The “public” I pray wake up and vote GOP so we keep the house and senate. I pray pray pray and pray some more.
Under Biden, the Democrats immediately printed $1.9 trillion and dumped it while the corporatists who control the politicians engaged in “greedflation.” There were other influences as well but those two were significant.
I know how I feel and President Trump is my man.
Tariffs didn’t cause inflation in President Trump’s first term (as SD has regularly noted). Why would they in the second term? Answer: they don’t. But that doesn’t fuel the Trump Bad narrative trying to poison his agenda.
Come on man!!! You can’t keep ruining the narrative like that….
Scientists and doctors are befuddled too. Trust “the economics” says Dr. James Cramer.
This is good news, and expected for those of us who understand and follow bias-free economics. People need to understand who is getting the new jobs though as it may not be who they think.
I can’t figure out why we listen to the experts when every single month or quarter it is always “Exceeds, defies, surprises…” their expectations! They are never correct and are always surprised that they are wrong, but continue to be wrong all the time and still are referred to as “experts!”
Wages don’t grow for those retired on Social Security, prices are high on rent, food, utilities and car insurance.
This is a fact.
Every year I track, in detail, the increased “COLA” on SS as compared to increased fixed costs on auto insurance, medicare insurance, utilities, etc. Sometimes it’s an even wash. Sometimes I lose a little ground. It is NEVER a net increase in income.
As it was designed to do. It’s Social ‘Security’, not ‘Profits’.
However, my investments have and I am better off at this point this year than last.
IMHO… social security is to exist. If you count on social security to live large, it does not work that way. You needed to plan better. I will get beat up, however, if you think SS and Medicare will let you live your lifestyle you are incorrect and will be disappointed.
100% agree
I do not “live large”, but it would be nice if the dang insurance companies didn’t raise the rates every year. That happens to be the biggest chunk that comes out of my SS. Fortunately my house is paid for, so no mortgage payment and my older auto is paid for. If I had those expenses as well, I would probably have to give up the house, and I’ll be damned if I give up my home! I’ve worked since I was 14 years old and worked hard, but every COLA I get, the majority goes into paying for health insurance and that goes up every year as well. Thank God I am in good health or I’d be up caca creek without a paddle!
Rant over!
While there is no evidence yet that these numbers have been tampered with, I’ve got my tin foil hat on.
It is my contention that all these companies just continue to edge up the cost of necessary utilities and services and insurances a dollar or two each month and thereby over a three year period have tripled in price increases (24 to 36 dollar increase per year per service) while there was a negative increase in fixed incomes (due to increase in Medicare and prescription plans) and ARE NOT EVER GOING TO COME DOWN OUT OF SPITE. We have three more years of this.
Trumpnomics 101
The 5% GDP Call Everyone Doubted – Now the Data Confirms It
https://investorplace.com/market360/2026/01/the-5-gdp-call-everyone-doubted-now-the-data-confirms-it/
The issue I see in my world is that folks are still struggling mightily with high prices. The GDP includes a massive amount of spending on data centers. Remove those and the numbers and GDP drops at least 1%.
CBO: One Big Beautiful Bill Grows the Economy, Cuts Taxes & Slows Welfare Spending
https://epicforamerica.org/federal-budget/cbo-one-big-beautiful-bill-grows-the-economy-cuts-taxes-slows-welfare-spending
inflation is from printing money i.e. fractional reserve banking. how did humanity become so stupid.
Not so much stupid, as evil.
The Cantillon effect describes a mechanism where people closest to where the newly created money is injected into the economy get an outsized benefit from the same. Naturally, there are classes of people who benefit from inflation in general, like rent seekers.
The federal Department of “Education”
The “economy is GREAT” is a hard sell right now for most families. When the food bill is as much as the mortgage for a moderate sized family combined with the Big Freeze and crazy high power bills, and when credit card interest rights are still in the “usury” realm…
I’m all for the direction we are headed, but it hasn’t made a big impact on regular American families yet.
The Winning continues. Still, the Panicans gotta panic,….. it’s fund raising season, so any fraudulent emotional scream will suffice,… the Dims are way behind (90 to 10) to the Repubs in the $ race for the Mid Terms.
A large majority of voters and consumers have ZERO UNDERSTANDING of these numbers and after they figured out these numbers have little impact on COST at the register today … they pretty much IGNORE the report.
It is that fact the MSM, Pundits, democrats and RINOS are using to attack using the “affordability” issue. NONE of these numbers translate to the COST at the grocery shelf, the gas pump, point of necessary services, etc.
The BILL at the cash register is still not moving down. That is the number that matters.
Note: as for prices at the gasoline pump, those still flex up and down in 50-75 cents per gallon band on a REGULAR Basis. That band has slightly indexed down but not in a steady appreciable manner. As for diesel, which hits costs of goods at the grocery store, there has been NO DECREASE nor index down of the price band.
The media has successfully put a curtain in place at the date 20 January 2025 … as in nothing exist to see before that point. I have only seen the President show a chart 1-time that shows the difference between 2019-2024-Today in terms of COST.
A massive and continuous education effort …. using the language of the consumer … COST at the Register for Goods and Services is needed.
“Affordability” [i.e. COST] is a real issue … use it to beat the democrats at their own game and drive the message home to show what has happened 2019 to 2024 and what is happening today.
Yield curve!!! hahaha. It would be kind of comical if it wasn’t such a serious issue.
There are always offsets. What’s interesting to me is that inflation only goes up 0.1% once energy and food are removed. Those are obviously the most sensitive to gas/oil prices, which have been dropping since Trump returned to office. If you take those out and prices only go up a tiny bit, that means the tariffs aren’t being offset by the drop in the price of gas. Obviously, what’s really happening is that producers and governments are taking steps to prevent price increases from going to consumers.
Competition really does work.
Anyway, that’s great news. Not a surprise around here, but I’m sure there are people inside the bubble/echo chamber/hive who are just completely confused. So they’ll probably just claim the data is fake.
In the above graph, positive numbers are price increases and negative numbers are price decreases. If the data were plotted with a line graph, over time, the positive numbers would continue to show “inflation” and the negative numbers would show “deflation.” The Federal Reserve target is 2% inflation over a 12 month period, and that’s where the concept of a “stable dollar” comes from. Don’t expect many price decreases…it is hard enough to slow the rate of inflation down to 2%. The current reading is very good at 2.4%. Please celebrate the win.
In terms of “core inflation” and why the removal of food and energy makes sense, is because agriculture uses lots of fuel for equipment, vehicles, tractors, combines, fertilizer, heating hog confinements and chicken houses, planting, spraying, harvesting…well, it’s very dependent on the cost of fuel. That is before shipping to processors, who use fuel, and then shipping to wholesalers, distributors, and to your local store. That takes a lot of fuel, too.
By including food and fuel (and there is a reason to include as well as exclude) is to determine overall prices. But excluding it removes the fact that gas/diesel might have increased or decreased 15 cents last month, or Saudi Arabian oil fields were bombed by Iran, or there was a hail storm and crops were damaged, or maybe a freeze killed crops…it eliminates the variability from those events that show up very quickly in the grocery store price. Economists try to isolate the underlying inflation rate to inform their short vs. long term views regarding economic activity and the outlined above short term “volatility.”
The price of oil touches everything from toothbrushes and golf clubs to clothing and makeup, but these items are less sensitive to short term oil price fluctuations. That’s why it makes sense to look at the “excluding food and fuel” inflation rate. When the “core” inflation rate (2.5%) is still above the nominal inflation rate (2.4%), don’t expect the Fed to do much. They are still above their target of 2%. The core inflation is less sensitive to the notable oil price decreases (7.5% gasoline price decrease over the last 12 months.)
As an example, my suburban Philadelphia gas price has dropped about 9% over the last couple of months (about 30 cents/gallon) but it fluctuates almost daily. My overall groceries haven’t moved down in price except for eggs from a year ago, and beef has gone up…so, sit tight, some price decreases may appear in your locality in the future, but I wouldn’t expect much for a while. It takes time to un-FUBAR a $30 trillion economy at Biden’s 20%+cumulative inflation rate over 4 years.
You would never know this if you read the MSN articles on tariffs. I went to peek in on the crazy people there. It was all doom and gloom. I read a few articles, and the comments are off the wall. That site feeds the crazy.
The LAST thing the multinational corporatist controlled media wants is a symbiotic labor relationship between U.S. citizen workers and the U.S. business sector.
Other than President Trump, BOTH political parties have worked tirelessly to eliminate that through offshoring to foreign countries, outsourcing to foreign firms, and in-sourcing of foreign replacement labor EN MASSE since NAFTA was introduced by George H. W. Bush and ratified into law by William J Clinton.
This has resulted in high “functional unemployment,” high non-entitlement social service costs, increasing income inequality, escalating government debt, lower real-wages, etc. for decades.
And after President Trump finishes his second term in office, they’ll go right back to driving the nation into ruin through those practices again.
Enjoy the Maga-intermission. The politicians will never willingly stop using public office as a leverage by which to enrich themselves and the only ones lined up to pay their price are the corporatists, multinational globalists and their organizations, wealthy leftist elitists, etc. At least you can say that you witnessed a pause of it, a pause on the way to the bottom: an intermission.
Hard to get people to think positively about the economy when so many live in New York and California.
How many of their residents are illegals though? Would that not skew the results?
I am with you on that. Too many people blame the federal when it is their state and the regulations in their state that has a bigger effect on food, energy and housing. My daughter in Texas pays $2.45 for a gallon of gas. I pay $2.79. We used almost the same amount of energy last month, but my daughter had a $500 gas/electric bill last month. I had a $227 gas/electric bill. My daughter pays sales tax. We don’t. Her property tax on a 1300 sq ft home is less than my 1100 sq ft home by almost $1500. I could go on and on. My sister who lives in Illinois pays more for everything than me and my daughter.
Lowering oil and gasoline prices are essential to offset the cost of the tariffs. However, every time President Trump rattles the sabers on bombing Iran the price of oil and gasoline shoots up higher. I realize that Israel is an important issue for President Trump and his major billionaire donors but lowering inflation and interest rates is more important to Americans than Israel especially when the midterms are only several months away! A prosperous and peaceful Israel isn’t going to win any elections here?
Fuel, as are other commodities, is subject to laws of supply and demand. When was the last refinery built in the US? I am aware of some that have and are closing. Those closures will have an effect on prices and in some areas, availability.
“Lowering oil and gasoline prices are essential to offset the cost of the tariffs” NO NO NO
Same as above,NO NO NO
“President Trump and his major billionaire donors”
The only thing I see that totally volatile is the Democrat mouth piece .. And their bowels yep Democrat bowel volatility is just oral leakage everywhere
Like the Potomac River of late, raw sewage from Democrat states spilling everywhere.
J
I support tariffs, but it’s a stretch to say that they don’t have any evidence. Products from China that I used to pay $450 for are now 780.
Food and energy shouldn’t be excluded from the CORE inflation. It skews the numbers. Have any of these clowns calculating the inflation numbers been to the grocery store lately? Asked people how much their energy bills are?
Those 128 economists who wrote that letter can shove it.
But look! Squirrel…er…that is…Epstein!
J
As CTH has said all along, Our President’s use of tariffs is
Non-Inflationary.
But the ‘experts’ say it can’t be so!
Probably the same experts who said:
Man will never fly
Space travel is science fiction
We can win the War on Poverty!
And so many, many more ‘facts’.
Imagine if this administration’s economic policies had been in place for the past 20 years!
I’m starting to think the DJT saw the economic disconnect as long as 40 years ago… in a way that few (probably none!) of the ‘experts’ could even conceive of.
It is difficult for someone to understand something when their salary depends on not understanding it.
Ignorance can be rectified but willful blindness is evil.
Yet, the non-MAGA, anti-Trumper MEDIA AND DEM/RINO POLITICIANS will continue to screech about tariffs causing everything to cost more! (They’ve even taken it to “court.”) The “low information” crowd will believe every word.
IF A TREE FALLS IN THE WOODS, BUT THE PROPAGANDA MEDIA SAYS IT DIDN’T, DID IT REALLY FALL?
Re c-dem media
( distract from good news related to current President policies )
sarcasm intended:
Hurry!
( again)
cue up the perpetual:
– epstein
– illegal immigrants are good, law enforcement is bad
– looking into 2020 election has no purpose so SAVE has no use
– ‘unaffordable’ things
– where did so n so go?
etc.
sarcasm ended
After 4 years of soaring inflation and huge accumulated credit card debts accrued to miss pretend that inflation did not matter
( bran done era )
…
the inflation rate is decreasing.
and private industry jobs are increasing
( govmt jobs decreasing at savings to taxpayers over time)
Does anyone notice the games people play on people?
Love thy neighbors…
Come now. We are men of action. Lies do not become us.
Life Lessons from The Princess Bride
In the meantime we received the following notice from that Bozo Bezos guy of Amazon;
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Bozo Bezos thinks that the American people, especially MAGA, are so stupid that he can lie to us with impunity.
Some time, after I cool off, remind me to tell you how I honestly feel about liars.
You have to understand, man, that $2 billion wedding he just had to the plastic woman, where he bought out half of Italy, set him back a bit.
“Tariffs” are a routine “cost of goods sold” in international trade. Every country imposes them. OUR problem was that we didn’t impose them enough.
You recall that “table of tariffs” poster that Trump showed. Well, those were calculated as 50% of what THOSE countries have been charging US!
I’m not saying that the charges were excessive. Rather, that we didn’t reciprocate. We left money on the table. Of course they were happy to let us do it! (“Stupid is as …”)
You are correct.
Under U.S. GAAP, specifically ASC 330 (Inventory), import tariffs (also referred to as import duties) are generally treated as part of the capitalized cost of inventory.
When the inventory is sold, the capitalized tariffs flow through the income statement as a component of cost of goods sold (COGS) as the full cost of acquiring the goods is recognized in the same period as the associated revenue. In other words, the tariffs are capitalized into inventory and subsequently recognized in COGS when the inventory is sold.
Now, inventory that is not sold in a company’s fiscal year is capitalized as part of the inventory cost on the balance sheet. Of course ASC 330 requires that the cost of inventory include all expenditures and charges directly or indirectly incurred to bring an item to its existing location and condition. Tariffs qualify as such a cost.
So, the inventory that is not sold at the end of the company’s fiscal year is capitalized as inventory cost (including the cost of any tariffs associated with it) on the balance sheet until it is sold and then when it is sold (hopefully in the following fiscal year) the COGS (with the tariffs) show up on the income statement.
You are also right about U.S. politicians undercutting the U.S. Treasury by acting in a non-reciprocal manner when they leave money on the table in trade negotiations as they have been doing in spades since the end of WWII.
Here is a view of STATE GAS TAX.
PLUS, depending on which state you live in… ALL OTHER TAXES ON FOOD AND UTILITIES, VARY.
https://worldpopulationreview.com/state-rankings/gas-taxes-by-state
Just one example:
Heating oil in my area went from 3.29/gal to 4.19 /gal recently. That is a 27% increase
The bitter cold weather in the last several weeks has been driving a greater demand for heating oil regionally.
Somewhat higher prices should not be unexpected with the increased demand in the short term for the immediately available stock on hand.
Yes I am aware of this and that most comes up the Hudson. The ice on the Hudson right now is a deterrent for oil companies relying on replenishing fuel this way.
It goes back down but only a little. Never back to what it was before.
White House celebrates inflation drop, wage growth
https://justthenews.com/politics-policy/white-house-celebrates-inflation-drop-wage-growth?utm_source=mux&utm_medium=social-media&utm_campaign=social-media-autopost
Well, food and energy may be removed from the over all calculation, but they are right there in the document. Food at home was up 2.9% and food away from home was up 2.1%. Home energy services [electricity and natural gas] were up 7.2%. The only decline was in energy commodities [gasoline/diesel/fuel oil] which were down 7.2%.
We have to turn off the the printing press for fiat currency.