Posted on 10/13/2021 4:41:43 PM PDT by MtnClimber
I do not expect White House Spokesperson Jennifer Psaki to understand how her bosses policies are driving massive price increases; nor do I expect Psaki to understand economics and inflationary impacts. However, the scale of her false statements surrounding inflation are not just false, they are now dangerous.
Following the release of the consumer price index [SEE table 2], in her press briefing today, Jen Psaki outlined the White House perspective on inflation, and specifically the Fed claims surrounding “transitory inflation.”
In her statements today, Psaki referenced people comparing the prices of 2021 consumable goods to 2020 and 2019. [Video prompted below] Within the statements, the scale of falsity is off the charts. WATCH [Video at 19:00 to 22:42, prompted]
There is not one single thing about that three minute verbal exchange that is accurate. Fast turn consumable goods, groceries etc., did not drop in 2020 during the first year of the pandemic. Factually, all goods but especially consumable goods increased in price throughout the pandemic, because demand actually increased and the supply chains were unable to keep up.
Example. A loaf of bread at $2.50 in 2019, climbed to $3.00 in 2020. That price jumped again to $3.75 this year (2021) and will likely continue rising as monetary policy driven inflation continues devaluing our currency.
Even if, as Psaki claims, inflation slows down (not likely) – “decelerating inflation” does not mean declining prices; it means a slower rate of price increase. Stuff still costs more, it just costs more at a slower rate. Consumable goods will cost more in 2022 than they do this year. The 2022 loaf of bread likely to climb to $4.00; it will never return to the 2019 price of $2.50 because the dollar is worth less.
(Excerpt) Read more at theconservativetreehouse.com ...
Chucky Psaki
> Example. A loaf of bread at $2.50 in 2019, climbed to $3.00 in 2020. That price jumped again to $3.75 this year (2021) and will likely continue rising as monetary policy driven inflation continues devaluing our currency.
Hmmm. This is a ~50% increase in 2 years, or ~25%/year. What is the fed gov claiming again for inflation??
[Obligatory disclaimer: lack of expectation] [available now for hire as an economist]
Background of this prevaricator....
Jen Psaki’s mother is a psychotherapist and father a retired real estate developer. She attended Early Learning Center no known as Children’s School, then Greenwich Country Day School (which was attended by former President George H. W. Bush)
then Greenwich High School
and has a BA from The College of William and Mary. Note, please, Thomas Jefferson had a degree from that college.
On Jefferson: He was instructed in natural philosophy (physics, metaphysics and mathematics) and moral philosophy (rhetoric, logic and ethics). A keen and diligent student, he displayed an avid curiosity in all fields and, according to family tradition, he frequently studied 15 hours a day.
Photo caption of Lotte “Rosa Klebb” Lenya....
Those who resist the jabs will meet with painful and untimely deaths. And I’m not talking about Covid.
Propagandists should swing for their lies.
We bitch on the internet.
Keep pumping money into a fragile economy with a limited supply of goods and a bunch of people choosing not to work, and prices will keep going up. I’m sure Ginger & Co. know this, but are doing this anyway. Communism, you know. Elementary, me old Watson!
So Peppermint Patty is now an Economist?
Joe Pags radio show tonight played a great music parody using the let’s go Brandon theme to a old Queen song.
Stock up now while you can. Prices will be outrageous later on. You want at least a month or two of canned/dry food in your pantry to weather this out.
The Democrats are running out of crazy talk
maligning Peppermint Patty
What’s amazing is that they are in charge.
which pushes prices higher
She's so stupid it could go either way.
bkmk
The dems.. (media and the left) do not understand at all... when they take one situation.. one item... something that is important in the course of things... the way things work... when they take one out and change it... they do not get that it was working in cooperation with many other things.. and when they tweeked... changed. the one thing, it causes catastrophic events.... they mess with the line and it collapses.
evidently they did not know the supply chain would wilt... or recession... or all that is affected like dominoes... they do not know this.. for everything they touch, breaks!
they did not know if they demand vax ...that jobs would be lost...stores will close...you name it..they know how to mess it up !
I been stocking up here for the collapse...
If it does not come then I will spend years eating this stuff
but it won’t go to waste..and then there are needy food-banks.
I have 36 cases of a dozen large cans of chunk chicken breast, a load of rice and soon as it gets back in stock
a pile of ramen noodles. Also 24 cases of a dozen cans of vegetables...
My FedEx girl will have a sore back...
Free shipping from walmart... but they only ship
some food items others you have to pick up curbside
at the store. I’m ordering SPAM, Chili and canned fruit for
curbside. 100x SPAM, 144 cans of Chili and 144 cans of fruit. It will take several trips as there is a quantity limit. 12 cases of canned fruit for instance is the limit.. I want 3x that.
Grocery shopping is not cheap anymore :-/
Was going to order a bunch of the Auguson farms dried food
but they have shut down...
“If it does not come then I will spend years eating this stuff
but it won’t go to waste..and then there are needy food-banks.
I have 36 cases of a dozen large cans of chunk chicken breast, a load of rice and soon as it gets back in stock
a pile of ramen noodles. Also 24 cases of a dozen cans of vegetables...
...I’m ordering SPAM, Chili and canned fruit for
curbside. 100x SPAM,”
Spend years eating all that stuff? Just kill me now.
The only way that prices will stop rising is if inflation stops. And, it won’t.
FJP
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