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Inflation Nation! US Grocercies UP 25% Since 2020 But Slowing Growth As M2 Money Growth Dies
Confounded Interest ^ | 11/28/2023 | Anthony B. Sanders

Posted on 11/28/2023 9:57:12 AM PST by Kaiser8408a

Despite Biden/KJP’s ridiculous lies about about this Thanksgiving being the 4th “cheapest” in history, inflation while cooling is still way up under Biden. In fact, food prices are up 25% since 2020.

Since 2020, US groceries are up 25%, used cars climbed 35% and rents roughly 20%. In 2020, a survey showed a 4-person household spent an average of $238.32 in a week on food at home. A similar survey in 2023 showed that figure had jumped 32% to $315.22.

Notice that food CPI peaked at 11.33% in August 2022 and has been declining since as M2 Money growth dies.

US President “Vigorous” Joe Biden. Quick Jill, wake him up before you go, go.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: bidenomics; economy; food; inflation
Wake Joe up before you go, go.
1 posted on 11/28/2023 9:57:12 AM PST by Kaiser8408a
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To: Kaiser8408a

Inflation only cools if prices actually drop. What we see are prices increasing at a slower rate. That is continued inflation not cooling inflation.


2 posted on 11/28/2023 10:06:23 AM PST by ClearCase_guy
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To: Kaiser8408a

No they are not. They are up 50% to 100% retail on the shelves. Production costs might only be up 25%, but not after the price gouging markups at retail.

If your costs only go up 25% and you mark it up 100% it is price gouging by the very definition.


3 posted on 11/28/2023 10:20:32 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: Kaiser8408a

Money growth has been slowing since the tightening started. But we are still adding $2 trillion to the debt every year. That will start swinging the M2 up as the interest rate hikes slow/stop/reverse.

4 years from now...we will be looking at a $50T debt.


4 posted on 11/28/2023 10:39:51 AM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: Vermont Lt

Just the (planned) excuse our globull overlords need to usher in their new money system.


5 posted on 11/28/2023 10:42:49 AM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: RckyRaCoCo

I honestly....don’t think the people running our system are that smart. Greedy and Corrupt? Absolutely.

I think they are terrified of what happens when the EBT cards don’t work. Or the SSI funds are not credited.

They don’t care about SS-Retirment...we are too old to “march” very far. But when the Gen Z folks have to take care of the elders...thats gonna cause some “emotion.”


6 posted on 11/28/2023 10:58:42 AM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: Kaiser8408a

I walked past a $7 box or Raisin Bran normal size yesterday.


7 posted on 11/28/2023 11:16:50 AM PST by conservativeimage (Divorce the Deep State Peacefully: Become a State National: https://tasa.americanstatenationals.org)
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To: conservativeimage

… I suppose. I’m off carb breakfast but just checked local prices… $4.29 Kellogg’s which I wouldn’t buy as they’re pushing LGBTQUERTY in the kids’ cereals (but 2/$5) and $3 for the store brand.

One can pick and choose stats but what’s certain is the intentional crush of energy supply which in turn hit all other products combined with a string of food chain accidents and government driven culling.


8 posted on 11/28/2023 1:30:49 PM PST by No.6
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To: No.6

Four reasons we walk past the cereal aisle:

1. Carbs

2. Sugar

3. Unaffordable

4. They're putting LGBTQ in the cereal that turns the frickin kids gay.

9 posted on 11/28/2023 1:55:27 PM PST by conservativeimage (Divorce the Deep State Peacefully: Become a State National: https://tasa.americanstatenationals.org)
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