patrick.net

How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity

Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.

https://zero-sum.org/how-corporations-get-away-with-murder/

https://notthebee.com/article/the-cost-of-christmas-dinner-is-up-a-jolly-164-over-last-year

The cost of Christmas dinner is up a jolly 16.4% over last year!

This is one huge cost of election fraud by the deep state/Democrats.

https://notthebee.com/article/inflation-is-only-7-they-say-as-eggs-top-450-a-dozen

"Inflation is only 7 percent!" they say, as eggs top $5 a dozen

Remember way back in the ancient times of 2019 when you could get a dozen eggs for under a buck?

Remember last year when those prices started climbing and it seemed like $2.50 for a carton was bad?

Buckle up. ...

Think about that. Just over two years ago, you were paying less than 10 cents for an egg. You could make yourself a large breakfast omelet with five eggs for half a dollar.

Now you're paying $2-$3 for the same thing.

Heck, just a few years ago, you could get a pretty large omelet at Waffle House of Denny's for three bucks! Those were good times. Too bad Joe Biden had to build us back "better."

Wet Ass Pussy Cardi B Agrees, "You gonna go broke soon... the fuck"

PSA!!!! pic.twitter.com/YpJmHmuT2D

— Cardi B (@iamcardib) January 5, 2023

https://babylonbee.com/news/karine-jean-pierre-claims-everything-has-always-been-more-expensive-than-usual

https://notthebee.com/article/check-out-the-wild-grocery-prices-in-new-york-

https://twitter.com/WallStreetSilv/status/1612215194549211136?ref_src=patrick.net



Would be better with x time units, but the point is clear.

All of this is Biden's fault.

Of course, all Democrats who suppored/still support Biden are also to blame.

https://babylonbee.com/news/wef-attendees-discuss-how-to-make-eggs-even-more-expensive

https://twitter.com/POTUS/status/1616495778066796547?ref_src=patrick.net

Karine Jean-Pierre: “Biden’ s economic plan is indeed working,”

FACT: Real wages are down, Americans are poorer than when Biden took office, and inflation has been at or above 5% for 20 months.

I have a logsheet in my truck where I've recorded every fuel purchase since May 2006.

On May 15th of that year I paid $3.31 per gallon.

Last week I paid $3.80 per gallon.

That computes to annualized 0.8% (0.008x) inflation rate for gasoline in San Jose over the past almost 17 years.

The Sky Is Falling Down.

https://slaynews.com/news/trudeaus-green-agenda-policies-worsening-inflation-bank-canada-admits/

B.A.C.A.H. says

I have a logsheet in my truck where I've recorded every fuel purchase since May 2006.

On May 15th of that year I paid $3.31 per gallon.

Last week I paid $3.80 per gallon.

That computes to annualized 0.8% (0.008x) inflation rate for gasoline in San Jose over the past almost 17 years.

The Sky Is Falling Down.

You don't understand what is going on.

Our financial system has been attacking commodities for over 40 years. Energy and raw materials have been subsidized by the US government with US tax money for at least 40 years.

WHEN the reckoning comes, it's going to be devastating. Price the national debt in terms of any commodity - sugar, oil, gold, silver, anything, and you'll see something alarming. When it corrects, and it will correct, housing will be trivially inexpensive, and potatoes will and sugar will seem like luxuries.

We always return the mean, but it can take decades, even centuries. You know what a house cost in 1900? About $2,000 dollars and that was a pretty nice and comfortable home. That was about 1,500 ounces of silver.

The greatest fortune I had in my life is that as a kid, I had the wherewithal to talk to my elders who were young men and women when the Great Depression hit. I know what's coming, what I don't know, is WHEN it's coming.

Consumer price index data released on Tuesday showed that prices for a range of goods and services rose by 6.4% over the past 12 months, down slightly from an annual rate of 6.5% in December and a 40-year high of 9.1% in June.

However, inflation increased 0.5% from December 2022 to January 2023, compared to 0.1% increase from November to December 2022. The Fed is tracking inflation increases for 30 days, 90 days, and 180 days.

Natural gas prices going down... track the natural gas stocks like Antero Resources (down 50%) and Southwestern Energy Company (down 50%) as well as other companies that drill and transport natural gas such as Chesapeake Energy and EQT Corp
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Propane is down about 10% from recent 52 week high and is around 2018 price levels
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