Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Deputy Treasury Sec’y: We’ve Seen ‘Prices Come Down,’ ‘Inflation Keeps Coming Down’
Breitbart ^ | 08/10/2023 | Ian hatchett

Posted on 08/10/2023 6:48:46 PM PDT by ChicagoConservative27

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-70 next last
To: Seaplaner
If the rate slows the damage is still done.

We do not have a system of money... we have a system of debt. Inflation is built-in. The FED tells us their target is 2% inflation. $1 is worth 3 cents in 1913 dollars.

The debt-based system we have now is pure insanity - a private corporation creates $'s into a ledger, as the M2 money supply expands, and then we pay interest on those new $'s from the gitgo.

The real cure for inflation is to switch from a debt-based system to a PM-based system. We'll see how that goes with dozens of countries on Aug 20.

In a debt-based system, the private FED INC is paid for the $'s they create. In a PM-based system, there is no FED to "make more".

41 posted on 08/10/2023 11:45:51 PM PDT by C210N
[ Post Reply | Private Reply | To 35 | View Replies]

To: ten18

Our AEP-Ohio increased electricity 30% in June 2023. (69.00 to 117.00) Another smaller increase is coming for “security “.
Diesel went up 50cents a gallon. That will be paid by the consumer.


42 posted on 08/11/2023 2:11:10 AM PDT by griswold3 (Truth, Beauty and Goodness )
[ Post Reply | Private Reply | To 27 | View Replies]

To: ChicagoConservative27

Just paid $7 for bottle of shampoo.


43 posted on 08/11/2023 2:27:37 AM PDT by bort
[ Post Reply | Private Reply | To 1 | View Replies]

To: griswold3

Correct. Most people have not noticed that diesel prices have skyrocketed much more than gas prices. Truckers are getting crushed.


44 posted on 08/11/2023 2:36:42 AM PDT by bort
[ Post Reply | Private Reply | To 42 | View Replies]

To: ChicagoConservative27

And just now the Ministry of Plenty has announced that the chocolate ration has been increased from 30 to 20 grams! We expect to see spontaneous demonstrations thanking the Big Guy for this!


45 posted on 08/11/2023 2:58:44 AM PDT by Fresh Wind (Faux News: "We distort, you deride")
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

D-) D-) D-) D-) D-)


46 posted on 08/11/2023 3:01:12 AM PDT by sauropod (I will stand for truth even if I stand alone.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27
LIES, LIES, LIES, LIES!!!!

FJB!

47 posted on 08/11/2023 3:16:14 AM PDT by high info voter (Delivery )
[ Post Reply | Private Reply | To 1 | View Replies]

To: bort

Truckers are increasing rates and passing those costs into consumers. No one stays in business operating at a loss.


48 posted on 08/11/2023 3:28:48 AM PDT by griswold3 (Truth, Beauty and Goodness )
[ Post Reply | Private Reply | To 44 | View Replies]

To: ChicagoConservative27

Says someone who doesn’t buy gas.


49 posted on 08/11/2023 3:41:58 AM PDT by GnuThere
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

This is a total lie. It is getting worse. My crazy neighbor who only has MSM to listen to was saying this was a lie because things are getting even worse.


50 posted on 08/11/2023 3:44:43 AM PDT by dforest
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

preparing the stupid and the fictitious wins for this A hole’s re election


51 posted on 08/11/2023 3:56:41 AM PDT by ronnie raygun
[ Post Reply | Private Reply | To 1 | View Replies]

To: Blood of Tyrants

yes
I am seeing 30-100% increase in prices (the 100% is in some construction materials)


52 posted on 08/11/2023 3:57:35 AM PDT by SisterK (it's controlled demolition)
[ Post Reply | Private Reply | To 8 | View Replies]

To: kb2614

Indeed.


53 posted on 08/11/2023 3:57:54 AM PDT by Gaffer ( )
[ Post Reply | Private Reply | To 3 | View Replies]

To: ChicagoConservative27

Yes it is gaslightimg, gaslighting the gullible. Those of us awake realize what’s happened and is happening. The prices have gone up on everything, consumer goods increases will never ever go back down. Commodities maybe.


54 posted on 08/11/2023 3:59:42 AM PDT by TermLimits4All ("If you stand for nothing, you'll fall for anything.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: LegendHasIt

my PO box went from $80 last year to $180 this year


55 posted on 08/11/2023 4:00:32 AM PDT by SisterK (it's controlled demolition)
[ Post Reply | Private Reply | To 30 | View Replies]

To: kb2614

Yep. It sure doesn’t affect the EBT card carriers. They’ll just increase the benefits.


56 posted on 08/11/2023 4:00:45 AM PDT by TermLimits4All ("If you stand for nothing, you'll fall for anything.")
[ Post Reply | Private Reply | To 3 | View Replies]

To: Fresh Wind
the Ministry of Plenty

make Orwell fiction again

57 posted on 08/11/2023 4:03:09 AM PDT by SisterK (it's controlled demolition)
[ Post Reply | Private Reply | To 45 | View Replies]

To: EEGator
Same broad who said Rus v Ukr is good for the economy.

repeating louder for deaf war cheerleaders

58 posted on 08/11/2023 4:10:59 AM PDT by SisterK (it's controlled demolition)
[ Post Reply | Private Reply | To 16 | View Replies]

To: ChicagoConservative27
The TODAY show must be LYING to us this morning.

https://www.cnbc.com/2023/08/09/cpi-inflation-report-for-july-high-prices-are-still-a-problem.html


Thursday’s consumer price index report likely will show that the pace of price increases is easing...

Prices STILL increasing - just not as fast.

59 posted on 08/11/2023 4:19:39 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jess Kitting
Upside down won't work.

90° will.

60 posted on 08/11/2023 4:21:20 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
[ Post Reply | Private Reply | To 21 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-70 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson