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Psaki: Inflation To Be "Extraordinarily Elevated" Due To "Putin's Price Hike"
Real Clear Politics ^ | 4/11/22 | Ian Schwartz

Posted on 04/12/2022 3:40:37 AM PDT by Libloather

White House press secretary Jen Psaki said on Monday the administration expects the March reading of the Consumer Price Index to show "extraordinarily" inflation due to "Putin's price hike."

"Because of the actions we've taken to address the Putin price hike, we are in a better place than we were last month," Psaki told reporters. "We expect March CPI headline inflation to be extraordinarily due to Putin's price hike. And we expect a large difference between core and headline inflation reflected in the global disruptions in energy and food markets. Core inflation doesn't include energy and food prices, headline inflation does. And of course we know that core inflation - energy, the impact of energy on oil prices, gas prices, we expect that to reflect what we've seen the increases be over the course of this invasion."

"Just as an example, since President Putin's military buildup accelerated in January average gas prices are up more than $0.80," she said. "Most of the increase occurred in the month of March, and at times, gas prices were more than $1.00 above pre-invasion levels. So that roughly 25% increase in gas prices will drive tomorrow's inflation reading and certainly it's not a surprise to us. We certainly think it will be reflected."

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Conspiracy; History; Local News
KEYWORDS: cpi; inflation; prices; psaki; putin; stockmarket
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To: Libloather
Does she know that she's just makin' it all up?

You seriously can't tell she knows she's lying with impunity and a large segment of Americans are eating her bullh*t up?

She's called Ginger Goebbels on here for a reason!

Her stupid smirk; dead eyes, hand gestures. She's the ginger version of Goebbels himself. She copies EVERYTHING he did.

21 posted on 04/12/2022 4:41:53 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: All

Putin didn’t tell america to print up a bunch of funny money


22 posted on 04/12/2022 4:43:57 AM PDT by escapefromboston (Free Chauvin)
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To: Libloather
"Just as an example, since President Putin's military buildup accelerated in January average gas prices are up more than $0.80," she said.

Correlation doesn't equal causation.

It's the law of supply and demand: the Biden mis-Administration deliberately cut supply to make carbon based fuels more expensive so as to make electric cars look better.

They did it at the precise time when the economy was ramping back up, people were going back to work (traveling to the office, vacations, etc..) and as planting season was starting to ramp up as well in early 2021.

Guess what happened?

Price hikes. Month, over month, over month -- before Putin's aggression in Ukraine and immediately after Xiden assumed office and cut off the Keystone XL pipeline, followed by shutting down production of oil in Federal lands.

That they blame Putin and people believe it is a testimony to how STUPID large segments of Americans are.

Ginger Goebbels!!

23 posted on 04/12/2022 4:45:38 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Libloather

It’s Biden’s weakness and stupidity that allowed Putin to invade Ukraine, so this is actually Biden’s price hike.


24 posted on 04/12/2022 4:46:47 AM PDT by Thunder90 (All posts soley represent my own opinion.)
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To: Libloather
"Does she know that she's just makin' it all up?"

Like the rest of the psychopathic Demonicrats, Psaki will tell a lie as if it were the truth. The enemedia will report it as the truth. And the Republicans won't do anything.

25 posted on 04/12/2022 4:47:57 AM PDT by Carl Vehse (A proud member of the LGBFJB community)
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To: Libloather

Experts said inflation was transitory.

Experts said the Biden laptop had the earmarks of a Russian disinformation campaign.

Experts said covid occurred naturally and to say otherwise you were a conspiracy theorist.

Experts said the vaxx was effective.


26 posted on 04/12/2022 4:52:16 AM PDT by Flick Lives (The CDC. Brought to you by Pfizer)
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To: Libloather
The tongue is a fire it says in the book of James, and the whole world can be set on fire because of it.

James 3:2 For we all stumble in many ways. If anyone does not stumble in what he says, he is a perfect man, able to bridle the whole body as well.
James 3:3 Now if we put the bits into the horses’ mouths so that they will obey us, we direct their entire body as well.
James 3:4 Look at the ships also, though they are so great and are driven by strong winds, are still directed by a very small rudder wherever the inclination of the pilot desires.
James 3:5 So also the tongue is a small part of the body, and yet it boasts of great things. See how great a forest is set aflame by such a small fire!
James 3:6 And the tongue is a fire, the very world of iniquity; the tongue is set among our members as that which defiles the entire body, and sets on fire the course of our life, and is set on fire by hell.
James 3:7 For every species of beasts and birds, of reptiles and creatures of the sea, is tamed and has been tamed by the human [f]race.
James 3:8 But no one can tame the tongue; it is a restless evil and full of deadly poison.

27 posted on 04/12/2022 4:55:06 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Libloather
"Putin's price hike."

"Psaki's Delusional Fit"

28 posted on 04/12/2022 4:57:56 AM PDT by moovova
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To: Libloather

Sure she does... but shes going down with the ship. Shes paid to be disingenuous.


29 posted on 04/12/2022 5:02:49 AM PDT by MrRelevant
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To: Libloather

Is Putin the U.S. President?

Does Putin have control over the world’s economy?

Or, is Biden so weak that with the international power that the U.S. has we are subject to the whims of Putin and the mediocre Russian economy?


30 posted on 04/12/2022 5:15:08 AM PDT by Prolixus (In all seriousness:)
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To: Libloather

Tell it walkin’ Peppermint Patty. Ain’t nobody buying what your selling.


31 posted on 04/12/2022 5:35:57 AM PDT by Buckeye Battle Cry (Progressivism is socialism. Venezuela is how it ends.)
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To: Libloather

32 posted on 04/12/2022 5:52:23 AM PDT by Diogenesis (Si vis pacem, para bellum)
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To: Libloather

When Psaki is asked about high gas prices her response is that the Pres really has nothing to do with that BUT now they are saying that high gas prices are Putin’s fault. So there is nothing joey can do (not his fault) but Putin has control over OUR gas prices. Do they ever listen to themselves?


33 posted on 04/12/2022 6:10:45 AM PDT by Singermom
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To: Sacajaweau

Maybr Psaki doesn’t know it yet, but prices are already extraordinarily elevated. Because there may not yet be a mob with pitchforks & torches at the WH, doesn’t mean there’s not a problem.


34 posted on 04/12/2022 6:11:24 AM PDT by oldtech
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To: Libloather
due to "Putin's price hike."

Too cute by half, as expected from this group of liars.

35 posted on 04/12/2022 6:11:39 AM PDT by 1Old Pro
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To: Sacajaweau
On Putin my a**.

I'll bet they all had some good belly laughs when the joker on their team proposed this little saying (Putin's price hike) for them to spout. If they weren't such good trained evil liars it would be hard to say with a straight face.

36 posted on 04/12/2022 6:15:33 AM PDT by 1Old Pro
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To: Singermom

Psaki is speaking to the CNN/MSLSD crowd that believes everything she says. They don’t give a crap is it is true or not. They all live in a bubble.


37 posted on 04/12/2022 6:18:24 AM PDT by Texas resident ( Let's Go Brandon)
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To: Libloather

or because Biden and his Admin are a DISASTER


38 posted on 04/12/2022 7:08:13 AM PDT by butlerweave
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To: Libloather

Of course she does, and so do the rest of us.


39 posted on 04/12/2022 7:09:03 AM PDT by RKRider
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To: Libloather

Didn’t know that Joe’s middle name is ‘Putin’!


40 posted on 04/12/2022 7:16:51 AM PDT by sjmjax
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