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This would've happened regardless. Donnie did nothing basically. And he DID promised that prices will go down.
AD says
Eric Holder says
We were promised that prices will go down, not keep going up at 2.8%.
Gas and egg prices are lower than what they were in the Birdbrain Biden regime.
Check our Panama City Beach rents such as Hathaway Townhomes and they are at 2021 levels.
So Trump has helped to keep costs down, but I'm not sure he can help us fully recover from the disastrous policies and legislation of the Birdbrain Biden regime.
2 to 3% annual inflation is likely the outcome. Still is a lot better than Biden's 9% annual inflation in 2022.
This would've happened regardless. Donnie did nothing basically. And he DID promised that prices will go down.
It's not his fault as it takes a while but making this promise was dangerous, it may come back haunting him.
Gas and egg prices are lower than what they were in the Birdbrain Biden regime.
It was the Fed who slowed down inflation by jacking up rates.
Inflation dropped more sharply than economists predicted in November, giving U.S. consumers long-awaited relief and bolstering President Donald Trump’s argument that the price surge that began under the previous administration has finally been reversed.
The Department of Labor reported Wednesday that the consumer price index rose 2.7 percent year-over-year.
The figure is down from three percent in September and well below the 3.1 percent economists expected.
The figure is down from three percent in September and well below the 3.1 percent economists expected.
Although I hate to throw cold water on good news, that $2000 per person free money from the US Treasury (income limits apply) will probably be inflationary.
my stocks will go up (e.g. AAPL) as people line up at the Apple Store.
I have Apple stock as well, but I do not think AAPL will see much more price appreciation.
Is this Inflation or just plain fraud?
How is it fraud? Have words lost all meaning?
"How is it fraud? Have words lost all meaning?"
Is this Inflation or just plain fraud?
Remember that prices today have more to do with what the market will bear, not the cost of production.
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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