Posted on 10/14/2021 3:04:01 PM PDT by navysealdad
The Producer Price Index (PPI) – which measures prices that businesses receive for their goods and services – surged 8.6 percent in September from the same period a year ago. That’s the biggest jump on records dating back to 2010.
(Excerpt) Read more at msn.com ...
LETS GO BRANDON
Thank goodness for that 5.9% SS COLA huh?
So this is building back better?
Gee Biden Democrat’s. Thanks for all this destruction you managed to create in only 9 months.
That’s the biggest jump on records dating back to Obama 1.0 - welcome to 3.0
didn’t see that coming /s
It is if you are Communist China.
Two depressing things:
This is a year over year comparison, not an annualized one-month bump.
And, most of it has occurred in the last 4 to six months. That says to me that the current annualized rate is well into the teens.
> So this is building back better? <
Biden actually said “build back butter”. So I want to know how butter prices are doing.
Building Back Butter.
Brandon figures inflation will be good for the dairy industry.
Hold on there, hoss. You’re using that racist white math.
Under the new, superior Woke Math, the media (who is the media precisely because white math was way beyond them) has calculated that that raise in costs actually costs you nuttin ‘cuz you’ll probably not buy that stuff now. Hence, you’ve saved money. Shazam, dat inflation din do nuffin now.
Ain’t leftism wunnerful?
Please call when we erect and utilize the guillotines following Bastille II.
Beat me to it.
who knew getting rid of mean tweets would be so expensive
Nope it is a small part of 6uilding 6ack 6etter.
Cola is a pathetic trailing indicator in times of high inflation.
This is gonna be a wild ride...
Once inflationary expectations kick in, all the rules of economics crash and burn—and human panic rules.
We saw this is the Jimmy Carter years...
And some t-shirt maker beat both of us.
Congrats Joe.
The stimulus checks are working
Inflation is growing and it isn’t going to stop for quite some time.
You and your Democrat buddies should be proud.
They try to scare us with COVID, we answer back, “Inflation!”
It’s a tie.
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