Posted on 05/05/2021 12:34:34 AM PDT by knighthawk
The US economy is roaring back to life after stalling out during the pandemic, but there are warning signs flashing that could hit consumers right in the pocketbook.
Measures of inflation - or the prices of goods and services that we all pay - are rising much more quickly than experts like to see. If those price increases get out of control, then the economic boom is likely to come to a screeching halt.
And many signs of inflation are already here - with the prices of groceries, household items, gas and electricity, for example, all surging over the last year.
(Excerpt) Read more at dailymail.co.uk ...
Yeah! Dems are in charge now and we all pay more for everything!
And only going to get worse, so heads up.
PING!
Just keep on printing that money until it’s worth less than TP.
Gas prices are forcing a lot of gig workers to stay on unemployment.
The old standbys - DoorDash, GrubHub, InstaCart etc. are now a great way to lose money and drive for free. Profitable at $2.00/ gal. Break even at $2.50/gal, Bleeding money at $3.50/ gal.
Inflation numbers do NOT include food and energy prices due to the volatility inherent in them.
I haven’t noticed bread up. I still get the 2 loaves for 3 dollars. Gas has been going up but finally went down a dime from 2.78 to 2.68. I hope it continues. No idea about coffee.
Looks like it’s heating up.
A second pipeline was cancelled, so hunters biz partners have more control.
As someone once said, “there’s no inflation as long as you don’t eat or use energy.”
I hear you but it does make sense to exclude the two imo.
Yeah it makes sense to exclude them for analysis and longer term trends. I’m just saying food and energy prices have a real impact on daily life for a lot of people.
The US economy is roaring back to life so we need to squash it with inflation now
Next the ChiCom paid propaganda machine will be telling us that a little inflation is a good thing. Just ask Hugo Chavez.
Yellen is loving a little “transitional inflation”
Democrats are trying to take down the. US economy
Debasing the dollar along with high priced imported oil = economic doom for the US
China is making a play to replace the dollar as the worlds reserve currency and Joe and the Democrats are working for the Chinese.
No it is not. There is a supply chain shortage and prices are going up due to shortages in the supply chain failing.
Cargo sitting waiting to dock, lack of truck drivers, covid rampant is India/Asia trading partner...
Artificial inflation, like the Artificial Labor Shortage being caused by government unemployment, causing an artificial rise is wages...
Every problem we see in front of us is being caused by the federal government.
$2.99 per gal of gas here in S.E. Michigan yesterday
Oh, but our socialism will be different than Venzeula’s.
I really need to get the garden going.
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