Posted on 08/02/2023 3:38:07 PM PDT by CFW
You’ve heard it all. “Inflation has peaked.” “Inflation is no longer a problem.” “Disinflation is now a greater threat.” “Inflation is 0.” These are the greatest hits of government propaganda and misinformation.
But this is serious fake news. This kind of lie effects the lives of the entire American middle class. The middle class is being sacrificed. This is the murder of the middle class.
*When I go grocery shopping, the bills are through the roof. It doesn’t matter if the cost of bread, butter, eggs, cream cheese, meat, chicken, fish and a hundred other items has stopped rising. That’s where the fraud comes in. The media quotes economists who say, “inflation has peaked.” Let’s assume that’s true.
Let’s assume in the past three years a cart of groceries has risen from $80 to $120 to $180 to $220. Which it has. So, does it matter if so far this year it hasn’t gone up? None of us could afford it when the groceries were $120, or $180. We certainly can’t afford it when they sit at $220. Whether they’re up this year is of no consequence.
*My electric bill is soaring. Last July, my electric bill was $780.13. This July my bill is $989.20. I know because just paid it today. My math says this is an increase of over 25% in one year. Isn’t green energy great! Our electric company is using more and more green energy. That’s precisely why electric bills across the country are soaring. Green energy is simply unaffordable. It will drive us all to the poor house.
I’m not a politician, or economist, or a member of the mainstream media. I’m a businessman in the real world. And in the real world where I live inflation is alive and well.
(Excerpt) Read more at rootforamerica.com ...
Gas $3.55 in SOUTH CAROLINA
Biden’s going to have to release a bunch of oil again right before Q3 ends
Saw $3.69 in north Georgia today.
$3.99 in upstate NY, just filled up.
“Biden’s going to have to release a bunch of oil again “
Is there any left to release?
Those salt caverns only held so much.
At least Georgia has a new nuke plant .... the lights will stay on for a while.
Spot on story.
Like so much else, the official inflation numbers have been politicized. Their definition(s) are routinely tweaked to put the best possible spin on the economy. The numbers are then quietly revised months later. And yes, a stroll thru your local supermarket is proof positive prices have skyrocketed.t
Is there any left to release?
Biden cleaned us out. Do a deep dive and you’ll see it’s gone. The turnip released 140 million barrels. The remainder is on contract to other entities. For all intents and purposes the strategic reserve is empty. It’s almost as if it was all planned.
“Their definition(s) are routinely tweaked to put the best possible spin on the economy. The numbers are then quietly revised months later.”
Indeed they are. The reporting agencies are massaging the numbers in order to get the headlines they want at the moment. Financial news sites (formerly trusted but not any longer) never question the numbers but take the information received at face value and post the headlines to give the people the message they want them to see. A few months later, the number are quietly revised.
Tomorrow’s reporting will be interesting to see. Below is a link to a site where you can see the numbers reported, the last reporting period’s figures, and the economic forecast of those numbers. I find it quite handy.
https://tradingeconomics.com/calendar
Scroll down and you can see the U.S. job numbers which will automatically be updated at 8:30 a.m. for the prior week, month, and year. Factory orders will be updated at 10:00. Other nation’s economic data is posted there as well. As I said, it is a handy site to have especially if you do your own stock trading.
The Government and the Media Are Lying
In other breaking news the sun rises in the East and Sets in the West
A stroll through the nearest grocery or big-box store will prove these statements are LIES. Big, ugly LIES.
“The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Wednesday for the 10th consecutive day and 11th time in 12 days, increasing 1.2 cents to $5.122, its highest amount since Nov. 27. The average price has increased 14.4 cents over the past 12 days, including 1.9 cents Tuesday. ALL Quiet on the Western Front!”
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Today in NE Georgia, the price of regular gas at a store I passed was $3.66. Prices per gallon have increased between .40 and .60 cents in the past three weeks in our area. The Biden administration and the media have been lying about our nation’s economy for several years.
The media lied about Trump’s economy causing everyone to believe unemployment was high, manufacturing was decreasing at record numbers due to his actions, and our nation’s economy was in peril. Now, they tell us our economy is great while at the same time the middle-class workers, who are the ones who support our nation, are suffocating financially due to inflation.
I took my wife and grown daughter out to lunch yesterday. A place that we have been going to for years. Same food, but about 5 years ago our dinner bill was about 40-45 bucks.
Yesterday it was $90.
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