You seem giddy about this.
If anyone thinks inflation is bad now, wait until Iran is a nuclear power.
This war is geologically damaging future oil production capacity by 20-30% across the entire Gulf region. We are drawing down our reserves too and gas prices won’t come back quickly either due to refinery capacity.
Let’s get it over with.
Stop buying things that aren’t essential. Welfare losers seem to be attracted to “snacks” and “sodas”. Worry about why you choose to be a loser.
😂😂😂😂so i am to believe folks feel worse now than when inflation was 9% and still being lied to about COVID?
Its funny all the folks I see in stores, bars and restaurants dont look too scared.
Record low consumer sentiment.
30yr bond over 5.1%.
Oil hovering around $100.
Stock Markets hitting record highs.
It just does not add up.
Biden hit 9.1 in 2022. Overall Biden racked up a record 20 per cent inflation rate.during his 4 years,
Actually, in the past couple of weeks, I’ve noticed the price of beef dropping. But overall, my grocery bill is nearly double, a finding that started during Biden’s administration. With the price of diesel being so high, I don’t see it decreasing any time soon. Add to that the fact that here in Oklahoma, one grocery corporation has a near monopoly, it doesn’t look good. Their outrageous pricing gives Walmart a reason to boost their prices to just a few pennies less than theirs.
Consumer sentiment is now even lower than during COVID or the Great Recession.