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Message

Inflation hits new 40 year high - consumer prices surged another 8.6% in May
Posted on 6/11/22 at 10:40 am
Posted on 6/11/22 at 10:40 am
That smothering feeling just isn’t going away….

quote:
LINK
Inflation remained painfully high in May, with consumer prices hitting a new four-decade high that exacerbated a financial strain for millions of Americans and worsened a political crisis for President Biden.
The Labor Department said Friday that the consumer price index, a broad measure of the price for everyday goods, including gasoline, groceries and rents, rose 8.6% in May from a year ago. Prices jumped 1% in the one-month period from April. Those figures were both higher than the 8.3% headline figure and 0.7% monthly gain forecast by Refinitiv economists.

This post was edited on 6/11/22 at 10:42 am
Posted on 6/11/22 at 10:42 am to member12
If you voted for this, you can go suck start a shotgun. There’s no excuse, we all fricking told y’all this shite was going to happen if the democrats took over.
Posted on 6/11/22 at 10:42 am to member12
quote:
a broad measure of the price for everyday goods, including gasoline, groceries and rents, rose 8.6% in May from a year ago
That is a straight up fricking lie. Gas is up 100%, grocery bill is up 50%, electricity bill is up 33%.
Posted on 6/11/22 at 10:44 am to Pintail
quote:Fact.
That is a straight up fricking lie. Gas is up 100%, grocery bill is up 50%, electricity bill is up 33%.
Posted on 6/11/22 at 10:45 am to member12
The new Potato famine.
Screw everyone of you that voted for this. FJB
Screw everyone of you that voted for this. FJB
Posted on 6/11/22 at 10:46 am to member12
This is all planned.
Inflation is great for debt holders like the federal government. They get to pay old debt with new dollars.
Inflation is great for debt holders like the federal government. They get to pay old debt with new dollars.
Posted on 6/11/22 at 10:47 am to member12
We are cutting back on business travel again. Sorry if you work for the airlines or the hotels.
Honestly this sucks for almost everyone.
Honestly this sucks for almost everyone.
Posted on 6/11/22 at 10:50 am to TDsngumbo
quote:
If you voted for this, you can go suck start a shotgun. There’s no excuse, we all fricking told y’all this shite was going to happen if the democrats took over.
It's going to get worse.
Wait until harvest season (August-October). That's when all the spring crops go to market and were fertilized with record fertilizer prices and fuel prices. Big Ag has to cover their costs and that will happen on the grocery store shelves early fall.
Posted on 6/11/22 at 10:50 am to member12
quote:
That smothering feeling just isn’t going away….
This isn't changing till November 6, 2024.
Posted on 6/11/22 at 10:53 am to dewster
quote:
We are cutting back on business travel again. Sorry if you work for the airlines or the hotels.
Honestly this sucks for almost everyone.
Not only was the previous GDP negative 1.5% but it's anecdotal evidence like this that tells me we are already in a recession.
Posted on 6/11/22 at 10:54 am to member12
There is no other reason for inflation except what the government wants it to be.
Economics 101. The government controls inflation
Economics 101. The government controls inflation
Posted on 6/11/22 at 10:54 am to member12
What I wouldn’t give for a mean tweet right about now……
Posted on 6/11/22 at 10:56 am to member12
Please watch the Jan. 6 hearings bro we're broadcasting them on every DNC mouthpiece news network at primetime so you can watch it when you get home from work please bro I know gas is $10 a gallon but this is more important think of our democracy yeah it happened a year and a half ago but it's still important please bro just watch look Liz Cheney is on she's a Republican so you know it's neutral and unbiased please bro just turn it on for a couple minutes please
Posted on 6/11/22 at 10:56 am to GumboPot
I said yesterday in another thread, I knew we were in big trouble a year ago when you and SFP were posting charts like this.


Posted on 6/11/22 at 11:03 am to member12
incoming Palmetto98 melt.
Warning: DO NOT FEED THE TROLL
Warning: DO NOT FEED THE TROLL
Posted on 6/11/22 at 11:07 am to member12
quote:
price for everyday goods, including gasoline, groceries and rents, rose 8.6% in May from a year ago.
Is this a fairy tale? Where do I sign up to pay for this 8.6% increase?
Posted on 6/11/22 at 11:10 am to member12
Biden really fricking this country up
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