Conquer Club

Instead of looking at very limited data, such as the price of gold or silver, what does the BIG PICTURE tell us about INFLATION?

Inflation now is MUCH better than under Feeble Old Joe, when, in Sept. 2022, inflation was MORE THAN Double, at 6.5 - 8%:

https://tradingeconomics.com/united-sta ... %200.3%25.

https://www.usinflationcalculator.com/i ... %202.9%203

https://www.usinflationcalculator.com/i ... 100065392/

https://www.investopedia.com/us-inflati ... nt-8546447

NOTE the graphs here, and where the worse inflation occurred since 2015.

and:

https://www.jec.senate.gov/public/index ... ion-update

Please see the graph here for CPI-U and Core CPI-U

The annual U.S. inflation rate was 3.0% in September 2025, an increase from 2.9% in August, according to the Bureau of Labor Statistics and U.S. Congress Joint Economic Committee. The Consumer Price Index (CPI) rose 0.3% month-over-month, driven primarily by a 4.1% increase in gasoline prices, though core inflation (excluding food and energy) slowed slightly to 3.0% annually.

Key data points
Annual Headline Inflation: 3.0% (September 2025)
Annual Core Inflation: 3.0% (September 2025)
Monthly Inflation: +0.3% (September 2025)
Year-over-Year Core CPI: 3.1% (August 2025)

I think that noted Economist Mookie predicted inflation under Trump:

https://www.conquerclub.com/forum/viewt ... t#p5328495

AND MORE predictions and discussions:

https://www.conquerclub.com/forum/viewt ... t#p5321592

and here was my Reponse back in 2021 to the BIDEN-CAUSED INFLATION:

https://www.conquerclub.com/forum/viewt ... t#p5231617

And note that "Bidenomics" was SUCH A SUCCESS that Biden was re-elected in 2024.....! Oh, I must have been having a brief nightmare. Thank Goodness Biden and his appointed (NOT elected) heir apparent Kamala BOTH LOST in 2024.

$6.40CDN for a 591ml bottle of sugar water(Dr. Pepper) and a 48g package of corn nuts, lol - I would've bitched, but there were two attractive women standing behind me & I didn't want to look cheap, or worse, poor... . but f*ck me, that is bloody retarded.

riskllama wrote:$6.40CDN for a 591ml bottle of sugar water(Dr. Pepper) and a 48g package of corn nuts, lol - I would've bitched, but there were two attractive women standing behind me & I didn't want to look cheap, or worse, poor... . but f*ck me, that is bloody retarded.

ain't life a bitch?

50 year mortgages on tap?

My parents had a 30 year mortgage. I had a 20 year, paid it off in 9 years and 8 months. Housing is so expensive now realtors are mentioning 50 year mortgages. Yikes!

It's a foul trap. A person with a 50-year mortgage is likely to pay twice as much interest over that time as a person with a 30-year mortgage.

Furthermore, it upends the life-cycle plan of many people. Right now, a person who buys a house at the age of 30 will own it free-and-clear by the time he retires. A person with a 50-year mortgage will not.

This is a desperate attempt by the Trumpists to keep pumping house prices and postpone the bursting of the real estate bubble. It won't work. The bubble is due to pop, and gimmicks won't prevent it.

Dukasaur wrote:It's a foul trap. A person with a 50-year mortgage is likely to pay twice as much interest over that time as a person with a 30-year mortgage.

Furthermore, it upends the life-cycle plan of many people. Right now, a person who buys a house at the age of 30 will own it free-and-clear by the time he retires. A person with a 50-year mortgage will not.

This is a desperate attempt by the Trumpists to keep pumping house prices and postpone the bursting of the real estate bubble. It won't work. The bubble is due to pop, and gimmicks won't prevent it.

A 50 year mortgage is essentially rent for the first 15-20 years. In year one assuming 6% interest about 4% of your payment goes towards the principle and 96% goes to interest. If you have in impound account it's likely to be around 1.5-2% that goes to principle. This isn't home ownership, you have no equity, you are just renting from a bank.