mastodon.ar.al is one of the many independent Mastodon servers you can use to participate in the fediverse.
This is my personal fediverse server.

Administered by:

Server stats:

1
active users

#inflation

23 posts18 participants1 post today

1995: I had a studio apartment in a pretty good part of north Austin, TX between $300-$400/mo (I think it was around $330, but I'm certain of the bounds). According to usinflationcalulator dot com, that's between $631-$842 in 2025 money

The price of an actual studio in the exact same apartment complex today? $868

Same apartment complex, now 30 years older.

Dang, yo.

Continued thread

GlobalData managing director Neil Saunders told Axios that #Walmart's comments help other #retailers justify their own price increases.

"If a low-price focused player like Walmart is putting up #prices, it explains why others may follow suit. Walmart is being honest about this, & it encourages other retailers to have open dialogues."

#Walmart's announcement today that it plans to raise #prices is expected to open the floodgates for #retail price hikes.

The world's largest retailer—whose brand is inextricably linked to low prices & affordability—said despite the #China #trade deal earlier this week it is too late to avoid higher #costs for #consumers.

#Trump #tariffs #economy #inflation #recession
axios.com/2025/05/15/walmart-s

Illustration of the side of a Walmart store with the company tagline "Save money. Live better." featuring their logo as an asterisk with a note below that reads "exemptions apply"
Axios · Walmart prices will rise — and other retailers may followBy Kelly Tyko

cbsnews.com/news/cost-of-livin “From 2001 to 2023, the cost of affording what amounts to a basic level of economic security doubled, according to LISEP's analysis. Housing and health care costs surged, while the amount of savings required to attend an in-state, public university soared 122%.” #housing #inflation #shortage #HigherEd

#armut #inflation #lebensmittel

Die Inflation sinkt. Wirklich? Auch für #Armutsbetroffene ?

"Preistreiber blieben Nahrungsmittel. Diese verteuerten sich um 2,8 (März: +3,0) Prozent. Besonders für Obst (+6,0 Prozent) und Gemüse (+5,6 Prozent) musste mehr bezahlt werden. Auch für Speisefette und Speiseöle (+4,4 Prozent), Molkereiprodukte und Eier (+3,8 Prozent) sowie Zucker, Marmelade, Honig und andere Süßwaren (+3,7 Prozent) fiel die Preiserhöhung überdurchschnittlich ⬇️

"the 'deal' means that imports from #China will be subjected to significantly higher #tariffs than when #Trump took office. Those tariffs will continue to be a serious economic burden for American businesses and consumers, and the threat of even higher tariffs remains—because the "deal" only pauses those tariffs for 90 days"
reason yahoo.com/news/trumps-deal-chi
#inflation #TrumpTradeWar

Yahoo News · Trump's 'Deal' With China Leaves American Consumers and Exporters Facing Higher Tariffs Than BeforeBy Eric Boehm

Inflation, Wachstum, Schulden: Die die US-Wirtschaft dasteht

US-Präsident Trump beklagt oft das hohe Handelsdefizit der Vereinigten Staaten. Dabei ist das auch ein Zeichen von Wohlstand. Wie geht es der größten Volkswirtschaft der Welt? Von Ingo Nathusius.

➡️ tagesschau.de/wirtschaft/weltw

tagesschau.de · Inflation, Wachstum, Schulden: Die die US-Wirtschaft dastehtBy Ingo Nathusius
Continued thread

…Retailers warned that #prices would rise & shelves would go empty. #Markets tumbled.

The hits to the #economy weakened #Trump’s negotiating position, & #China knew it [everyone but Trump knew. Americans spent the last few years fuming about #inflation & #supply mishaps, & they would be furious if those problems continued. And unlike previous bouts of inflation that leaders could pin on the pandemic or the Ukraine war, this time it would clearly be Trump’s fault.

Continued thread

Here’s the problem: #Trade is mutually beneficial. The buyer gets a good, & the seller makes a profit. The #UnitedStates runs a trade deficit with #China — it buys more than it sells — because Americans have the cash & want what China is selling.

#Trump’s #tariffs on China were so high that they were effectively an embargo that threatened to end all of those mutually beneficial transactions.

Continued thread

If we end up w/ 15% global effective #tariffs rate, how much will unemployment rise?

historically, during the 2009 Great Recession, GDP fell 4% and we lost more than 8.7M jerbs.
8.7÷4×1.33=2.89

Okuns Law says for 1%GDP drop, you get a .5% rise in unemployment.
167M workers X .665% increase in unemployment = 1.1M

So we could lose 1.1-2.9M jobs

Conclusion: the markets are celebrating the US dropping 1.33%GDP, increasing #inflation 2.1% & losing 1-3M jobs, cool

If we end up w/ 15% global effective #tariffs rate, how much does #inflation rise over next year?

Direct effect:
15%(imports share of consumer purchases) X 12% tariff increase X 70% pass thru rate = 1.26%

Indirect effect:
10%(domestic goods import parts %) X 12% X 70% = .84%

2.1%overall #economy

Continued thread

The punitive levies are already disrupting the world’s #SupplyChains. US companies are scrambling to source products from countries other than #China, while Chinese factories are looking for ways around the #US #tariffs & exporting more to #SoutheastAsia. At the same time, US businesses are weighing how much they can increase #prices to offset the tariff costs.

Economists warn that the #trade dispute will slow global growth & fuel #inflation, potentially tipping the US into a #recession.