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"I don't feel the pain of inflation anymore. I see prices rising but I have enough... I sometimes balk at the price of things, but I don't find myself in a space where I have to make tradeoffs because I have enough, and many Americans have enough."
- SF Fed President Mary Daly
In 2021, Mary Daly made $500K, just in salary. There were 1,800 employees at the San Francisco branch alone. She had 140 'other officers’ making an average of $272k each, plus juicy benefits, bonuses and pensions.
"Yeah, she has enough, so fuck the plebes. "
Ripped off from another thread:
This demographic plays a crucial role in driving consumer spending, and the sudden increase of approximately $393 per month in loan payments will likely lead to reduced discretionary income and a potential decrease in spending capacity. "
Biden's regulations have cost Americans almost $10,000 per household - and could spike to $60,000 if he is elected in 2024
Analysis found Biden regulations cost Americans $10,000 per household since 2021 – with one-third of the cost coming from new fuel and emission standards
Total per household could equal $60,000 by 2028 if Biden wins a second term
So, gas prices can only go to $9.99 a gallon because the pumps only have 3 digits, right?
Inflation continues to trend downward. I suspect it will settle between 2.5% and 3.5% in 12 months.
.
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Damage is already done. What is the overall inflation since Biden got in.
"Cheap bread 2 yrs ago: 88c/loaf
Now: 2.19"
Bd6r says
"Cheap bread 2 yrs ago: 88c/loaf
Now: 2.19"
This says that the inflation on bread alone is 249%. The claim that we have 8% inflation is bunk.
The cost of everything depends on the cost of energy.
Biden shut down Keystone XL on the first day of his illegitimate regime after the mass election fraud of 2020.
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https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net