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August inflation numbers worse than expected

Posted on 9/13/22 at 7:36 am
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124222 posts
Posted on 9/13/22 at 7:36 am
New CPI numbers just announced.
August inflation numbers worse than expected, 8.3% vs 8.0 est.

Food price inflation lead the way. DJIA dropped 400 points on the news.
Posted by The Easter Bunny
Minnesota
Member since Jan 2005
45570 posts
Posted on 9/13/22 at 7:38 am to
No wonder they’re doing all they can to put the spotlight on potential Trump allegations
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57441 posts
Posted on 9/13/22 at 7:39 am to
“Worse than expected” seems to be quoted a lot when commies are in charge
This post was edited on 9/13/22 at 7:39 am
Posted by Lawyered
The Sip
Member since Oct 2016
29508 posts
Posted on 9/13/22 at 7:39 am to
MSM is still all trump all the time

No real wins for Biden at all to report on
Posted by llfshoals
Member since Nov 2010
15544 posts
Posted on 9/13/22 at 7:40 am to
Spin…inflation is less than expected, Biden policies having significant effect.

Or…prices decreased, inflation is not a concern now due to Biden policies.

Depending on how stupid the person delivering the message is which we’ll get IMO
Posted by bamacoullion
Fayette, Alabama
Member since Oct 2008
1776 posts
Posted on 9/13/22 at 7:41 am to
What happened to ZERO?????
Posted by LRB1967
Tennessee
Member since Dec 2020
15903 posts
Posted on 9/13/22 at 7:42 am to
Unfortunately I don't see the economic outlook improving in the near future. I just hope that the Democrats are held accountable for this in November.
Posted by TeaParty
Member since May 2022
935 posts
Posted on 9/13/22 at 7:54 am to
quote:

What happened to ZERO?????


Wasn't true then. Goofball doesn't understand economics since he has made so much it doesn't matter. And the press already let this go instead of having a field day with it that would continue.
Posted by waiting4saturday
Covington, LA
Member since Sep 2005
9747 posts
Posted on 9/13/22 at 7:55 am to
ALL IS FINE!!! REMAIN CALM!!!!
Posted by The Maj
Member since Sep 2016
27249 posts
Posted on 9/13/22 at 7:56 am to
But I heard on the radio news that they would be touting a better inflation this month and Biden bringing us back from the brink of economic disaster today...

Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1168 posts
Posted on 9/13/22 at 8:01 am to
CNBC (propaganda media) had a few articles on its website early this morning with the "experts" stating the market was going to rally because the inflation numbers were going to show moderation in August. Futures were several hundred points higher prior to the dpi release. What a joke! These "experts" do not live in reality and/or shill for the administration

cpi
This post was edited on 9/13/22 at 8:02 am
Posted by The Maj
Member since Sep 2016
27249 posts
Posted on 9/13/22 at 8:02 am to
quote:

These "experts" do not live in reality and/or shill for the administration


My 15 year old son called BS on the news... He asked me "who believes this stuff?"...
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1168 posts
Posted on 9/13/22 at 8:04 am to
smart kid! Dad must be teaching him well!

Posted by SingleMalt1973
Member since Feb 2022
12191 posts
Posted on 9/13/22 at 8:04 am to
So 8.3% is the fake number. What is the real number? 15%?
Posted by the_truman_shitshow
Member since Aug 2021
2755 posts
Posted on 9/13/22 at 8:04 am to
They intentionally mislead the masses.

It's all a game.
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1168 posts
Posted on 9/13/22 at 8:05 am to
definitely closer to 15% than the bullshite 8% released for public consumption
Posted by C
Houston
Member since Dec 2007
27832 posts
Posted on 9/13/22 at 8:06 am to
Yeah I couldn’t believe people were talking moderation especially in the area of food. A freaking loaf of bread is easily 50% higher than it was a year ago. Lots of pain in the future…
Posted by PhDoogan
Member since Sep 2018
14947 posts
Posted on 9/13/22 at 8:07 am to
quote:

No real wins for Biden at all to report on


Not true. The Inflation Reduction Act is already kicking inflation's arse![/sarcasm]
Posted by CamdenTiger
Member since Aug 2009
62546 posts
Posted on 9/13/22 at 8:08 am to
New reset is working
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 9/13/22 at 8:11 am to
But it is down from a few months ago....that will be the narrative.

Amazing how this bunch of liars are trained to go "mum" on the bad stuff...
Inflation
Border
Drugs
Crime
Energy
Grooming

and so on.....
This post was edited on 9/13/22 at 8:14 am
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