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Inflation numbers vs reality
Posted on 1/12/23 at 8:28 am
Posted on 1/12/23 at 8:28 am
It sure seems like costs have risen higher than the inflation numbers would indicate.
I know it's anecdotal, but eggs, meat, produce, gas, etc, have all gone up a lot more than 8% over the last year. A LOT more. Something must be offsetting those costs.
Seems like all the necessities are way up and the non-essentials are down...
I know it's anecdotal, but eggs, meat, produce, gas, etc, have all gone up a lot more than 8% over the last year. A LOT more. Something must be offsetting those costs.
Seems like all the necessities are way up and the non-essentials are down...
This post was edited on 1/12/23 at 8:30 am
6
Posted on 1/12/23 at 8:30 am to Jax-Tiger
The government is full of shite. What else is new?
Posted on 1/12/23 at 8:37 am to Jax-Tiger
Biden and his ilk are so incompetent.
Posted on 1/12/23 at 8:37 am to Jax-Tiger
Eggs are up over 200% in the last 2 years. They are trying to bankrupt us through inflation.
Posted on 1/12/23 at 9:30 am to Jax-Tiger
So things you need to survive are skyrocketing and things you need to distract you from the skyrocketing inflation are free falling. Makes sense.
Posted on 1/12/23 at 9:37 am to Jax-Tiger
Sharing this here because I am no finance wizard.., BUT.
Twitter
Twitter
quote:
They don't want the public to see this video.
The bankers don't trust the banks.
(Nov 2022)
They're talking about financial crisis and their lack of faith in our banking system and how to keep the public from freaking out (Federal Deposit Insurance Corporation) ??
??sound ??
quote:
FDIC quote:
"You don't want a huge run on the institutions, and, and they're going to be".
Another major clip from the FDIC meeting showing this is going down, soon. They are expecting it.
From Nov 2022 meeting ...
??sound ...??
Posted on 1/12/23 at 9:37 am to Jax-Tiger
When all the monthly expenses for a typical middle class household are factored in to the inflation calculation I would guess inflation is running between 15-20% annually. The rate of inflation may be slowing down but the damage is done. Look at how many Americans worked through the COVID19 pandemic and didn't receive 20-30-40% pay raises....those hard working Americans got screwed.
Posted on 1/12/23 at 9:45 am to Bass Tiger
Biden on TV right now, saying inflation is down.
"Core Inflation"?
"Core Inflation"?
Posted on 1/12/23 at 10:06 am to LookSquirrel
This is Biden definition of deflation
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