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 ...
On Putin my a**.
Build Back Better caused the US government to spend a lot of money that we didn’t have. And that’s all Putin’s fault.
Putin’s price hike? So it has nothing to do with the current regime borrowing Trillions of Dollars from the Federal Reserve?
She’s like a trans-gingered Baghdad Bob.
Biden goaded Putin into this invasion so he could have the distraction from all his failed policies.
Oh, great—now they’re having Biden increase the food shortage (starvation in the world), increase pollution, and nudge toward the quicker destruction of the gas engine all in one move:
Due to Biden’s blunders.
Right now the local Miami media is REPEATING the lies of Biden.
She won’t say it...she just won’t say it...
HYPERINFLATION
Soon to be naught psaki as will be her skeletal boss
The left hyped the war so they could use it as a cover for biden’s failures. Notice how covid was demoted overnight and replaced by Ukraine? The heart signs were replaced by blue and yellow signs in the twinkling of an eye. Instantly inflation was blamed on putin.
And his corrupt family ties…. Follow the money$$$$ Lock them up!!
Jen “Circle Back” Psaki needs to be charged for such clear disinformation as a government official giving such fraudulent statements violating laws related to securities.
We’re not stupid...Shutting down Keystone on Day One was the beginning.
You can thank all your Biden voting relatives and friends for this FIASCO!
Well, Putin was on the Bingo card. Along with Big Oil, Big Meat, Everyone but Joe Biden.
There is only one thing that pi$$e$ me off more than this ridiculous plot to repeat “PUTINS PRICE HIKE”. and that is the 81 MILLION votes for BIDEN.
Chucky spewing chunks...
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