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Annual inflation reaches 7.5 percent, highest rate since February 1982
https://thehill.com ^ | BY SYLVAN LANE - 02/10/22 08:37 AM EST

Posted on 02/10/2022 6:02:35 AM PST by Red Badger

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To: Tolerance Sucks Rocks

I DOUBT THEY WILL FOLLOW THROUGH.

It would be costly beyond their means to do so.

It’s probably just a placating measure for their constituents to make it look like they are doing something.....................


41 posted on 02/10/2022 7:12:31 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: blackdog

“They only want your debt, not your deposits.”

I have no debt so they’re out of luck.


42 posted on 02/10/2022 7:12:39 AM PST by SaxxonWoods ("If you see no reason for giving thanks, the fault lies in yourself." - Minquass)
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To: cgbg

A 12.6% increase....................


43 posted on 02/10/2022 7:13:52 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

Good!


44 posted on 02/10/2022 7:17:12 AM PST by italianquaker
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To: Vermont Lt

The difference between normal economic cycles and this is the cornestone of this idocy is the ridiculous “green energy” religion of the US-European Media-politcal class.

Go back to Trump era energy polcies and all this spirling out of control inflation flattens out.


45 posted on 02/10/2022 7:20:30 AM PST by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: blackdog

Same here. My retirement savings is melting like the Wicked Witch of the West in a rainstorm........................


46 posted on 02/10/2022 7:24:39 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

So Biden is going to make Carter look like genius


47 posted on 02/10/2022 7:27:34 AM PST by Nifster (I’m see puppy dogs in the clouds)
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To: Nifster

The Carter Years will look like a fond remembrance compared to what the Biden fiasco is engendering..............


48 posted on 02/10/2022 7:29:41 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

meanwhile real inflation is more like 17% or 18%.

Put food, fuel and housing back in like they used to be when calculating the inflation rate. NOW what does it look like?


49 posted on 02/10/2022 7:32:03 AM PST by FLT-bird
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To: FLT-bird

7.5% is the best they could lie it down to without getting laughed out the door.......................


50 posted on 02/10/2022 7:35:26 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

And 1982 was the down hill side of the high point of inflation in that round.

The inflation rate right now is on the up hill side of this event.

18 months ago you could easily build a house around here for $150 a square foot. That has since just about doubled.


51 posted on 02/10/2022 7:35:43 AM PST by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.I ha)
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To: Sequoyah101

Gasoline has doubled.

Good thing we all have electric cars now.......................


52 posted on 02/10/2022 7:37:01 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Vermont Lt

I live in a fairly nice apartment in the suburbs. I know several older single women who live here who viscerally hate Trump and who voted for Biden. They are all shocked and angry at the rent increases announced but after looking around have noticed the rent and housing costs have gone up everywhere. I’ve taken great delight in making little comments about how groceries, gas, the rent, everything has gone up under Biden. They’re not ready to admit voting for him was a mistake but they’re definitely hurting.

I’ll buy a house in the outer outer suburbs now that I’m working from home permanently....and after the crazy housing market here cools down a little.


53 posted on 02/10/2022 7:37:38 AM PST by FLT-bird
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To: Red Badger

http://www.shadowstats.com/alternate_data/inflation-charts

Shadowstats shows 11%.


54 posted on 02/10/2022 7:43:14 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: FLT-bird

Hating mean tweets just got very expensive.

;-)


55 posted on 02/10/2022 7:44:20 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: cgbg

That is more believable.

“Elections have consequences.” - B. Obama...............


56 posted on 02/10/2022 7:46:09 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: FLT-bird

older single women ....... named Karen?.............


57 posted on 02/10/2022 7:47:18 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: maddog55

Right you are.

They wont include many every day expenses.


58 posted on 02/10/2022 7:54:41 AM PST by crz
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To: HighSierra5

The only difference between Communism and Democrats is the spelling.


59 posted on 02/10/2022 8:07:51 AM PST by Vaduz ( )
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To: Red Badger

For all the Trump loathers who voted for this senile husk I recall Reagan’s …”Are you better off?”


60 posted on 02/10/2022 8:11:08 AM PST by The Great RJ
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