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52 sats \ 10 replies \ @Cje95 OP 11 Jun \ parent \ on: Another Miss By MSM As U.S. Inflation Rises 0.1% in May Far Less Than Expected econ

They made a point to note the price of eggs did in fact fall!!!

It was noted that apparel inflation went negative so the prices fell which is surprising given the importation factor

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230 sats \ 0 replies \ @kepford 11 Jun

Important note. The price of eggs went up because the government forced ranchers to kill a massive number of their flocks. I suspect that under a critical eye we would find that this was largely an over-reaction. Many such cases...

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42 sats \ 3 replies \ @Signal312 11 Jun

The price of beef definitely went up in the past couple months. Big bummer since I eat a LOT of beef.

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106 sats \ 2 replies \ @Undisciplined 11 Jun

There’s a big disruption right now that’s shut down imports from Mexico.

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21 sats \ 1 reply \ @Signal312 11 Jun

Oh, is that what's causing the rise in prices for beef?

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34 sats \ 0 replies \ @Undisciplined 11 Jun

Not sure, but it can’t be helping.

It’s related to a parasite, so it may also be leading to more biosecurity measures in American producers.

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0 sats \ 4 replies \ @Undisciplined 11 Jun

It is very nice when prices actually do come down.

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21 sats \ 3 replies \ @028559d218 11 Jun

They don't. That's deflation

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0 sats \ 2 replies \ @Undisciplined 11 Jun

Every so often particular prices do.

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21 sats \ 1 reply \ @028559d218 11 Jun

But that's not what government inflation readings measure... they measure prices across the economy ie a wide range of consumer goods.

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0 sats \ 0 replies \ @Undisciplined 11 Jun

Indeed, but I was replying to a comment about egg prices coming down.

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