Whole Foods has a loan department now.
they dont count food price increases as inflation
that would be silly
Bwahahahaha
We would NEVER be in this mess except for BIDEN and his Marxist buddies.
Same at Sam’s.
Eggs will get even more expensive since the millions of chickens died of Bird Flu...................................
Not in New York. Lower income people get heating relief welfare. People who pay the taxes do not. Talk about compounding the problem, Biden pushes energy prices higher then prints money for non-taxpayers to get to pay their heating bills. Why not produce more energy and drive the prices down for everyone? The problem with big government is that they spend too much, they pay off everyone and "own" them, including our institutions that rely on gov't subsidies. I say go to a 10% flat tax and a balanced budget requirement except for a Congressionally declared war.
LOL - a 'relief'? Who do they think they're kidding?
It government ever stops lying the nukes have been launched
Inflation is now “down” to a 7.1% increase YoY and that is relief??? ROFL - these folks need to stop doing drugs and wake up to the real world.
Real hourly wage growth at -1.9%, Food at home up 12% YoY, Fuel Oil up 65.7% YoY and “shelter” up 7.1% YoY. HOW is this relief???
Tent cities all around, every thing now has a payment plan and no one can afford to eat but it's never been better.
It's clear the plan isn't collapse.
The plan to is to slowly chip away and gaslight anyone who dares mention what they see happening. Slowly but surely people falling like dominoes. The energy prices, the taxes, the growing food prices, the fees, the insurance premiums, medical bills, etc etc. --slowly engulfing people and until they can no longer tread water. No big revolts, no taking to the street. Everyone just trying to maintain their position in their social strata in quiet desperation until we all own nothing and have never been happier.
Usually inflation does come down as the nation enters even deeper into the recession we are already in.
It’s like a house fire. The house is burned, gutted and we celebrate the fire is subsiding....
In the ‘70s the inflation cycle was accompanied by some wages going up. The only wages going up this time around are only at the bottom rungs, where the competition is with government relief. But if everything goes up 10% this year, and 7% next year, and your salary stays the same, there is no relief, only more pain, because you never get that 10% back.
Here, IMO, is where the game-playing stops working.
First, we ALL know the 7.1% figure us a joke, but even using it, 7.1% over last year’s already high inflation is horrific.
The Wall St. tulip-bulbers are hoping the historic inflation and Biden’s distopia are just another bubble, like late 90s tech or 2008. They will be sorely disappointed.
None of the behaviors or variables that got us here are being changed (massive spennding, scarcity, input costs, labor shortages/expenses, dollar devaluation), in fact, we’re doubling down on all of it.
We’re in clown-world, with clown leaders and clown policies. Nothing gets better until that changes.
This is complete BS! Just came back from the grocery store last evening. Prices were in many cases DOUBLE what they’ve been from last year. Empty shelves as well.
These folks are scum. The real headline should read “Inflation still holding firm at 7.1 percent, Fed rate cuts having little effect.
7.1 percent spells relief? They are insane!
Maybe we’ll see some minor changes like people having a brighter outlook on the future.
If that happens, I attribute it to the fact that the Rs took over the House. I know I breathed a little easier.
“November slowdown in inflation could give consumers relief both from rising prices and rapidly rising interest rates.”
Did car, food and gas prices come back down.