What impact do you think it will have on you?
Are there critical items to purchase now that will be too expensive to afford next year?
Are you changing your savings or investments?
What impact do you think it will have on you?
Are there critical items to purchase now that will be too expensive to afford next year?
Are you changing your savings or investments?
Somebody should make a website that tracks prices on goods and other items from the day Trump becomes president and throughout his term.
He said he would lower prices. His politics says the opposite. Let’s see.
This should be tracked regardless of who’s in charge
Well, yeah, but he’s made it a big part of his campaign. In reality somebody should make a list of ALL promises they make, and then see who’s trustworthy.
probably would only work well if backed by a browser extension, camelcamelcamel is nice but IDK what covers local prices for grocery stores.
That’s the Consumer Price Index.
There’s also the related Producer Price Index which unfortunately does not include tariffs but will be interesting to watch.
Far better would be something like:
After data pool is established from many users (or even just one):
That kind of shit needs to be built. Government will probably find some way to make it illegal, but whatever.
If you think government metrics during trumps presidency will be accurate, i have a bridge to sell you.
Most .gov websites are essentially useless the moment trump takes the throne.
Funny that you think they’re accurate now. Doesn’t matter WHO is in office, the feds tell you what they want you to hear.
The CPI is a key economic indicator. It’s unlikely that banks and markets would tolerate that kind of meddling.
But, if the CPI was changed for political reasons, there are other similar stats.
In plain language: Wall Street can make or lose billions of dollars based on correctly/incorrectly forecasting this stat, so you can bet your ass they have accurate data. Some of it is private; some is available to paying customers. Even if the data is not public, it is often publicly characterized, for example, in economic forecasts and in publications like The Economist.
Some examples of alternative CPI sources are: PriceStats and The Economist’s Intelligence Unit. Both require paid access.
Be aware that freely-available stats may be published with political agendas, by Fox News conspiracy theorists, etc.
Don’t forget the Big Mac index, apropos given the incoming administration.