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U.S. Inflation at 8.5% in July
Wall Street Journal via MSN ^
| 10-Aug-22
| Gwynn Guilford
Posted on 08/10/2022 6:37:11 AM PDT by Erik Latranyi
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The Democrat Economy continues to suffer.....
To: Erik Latranyi
Can’t wait to see the spin they put on these ugly numbers...
2
posted on
08/10/2022 6:44:54 AM PDT
by
econjack
(I'm not bossy. I just know what you should be doing.)
To: Erik Latranyi
Elevated inflation is the byproduct of rapid growth Well, Yee-Haaa!
3
posted on
08/10/2022 6:44:59 AM PDT
by
ClearCase_guy
(We are already in a revolutionary period, and the Rule of Law means nothing. It's "whatever".)
To: Erik Latranyi
Elevated inflation is the byproduct of rapid growth as the U.S. rebounded from the Covid-19 pandemic, fueled in part by lower interest rates and government stimulus [spending].
4
posted on
08/10/2022 6:45:59 AM PDT
by
FoxInSocks
("Hope is not a course of action." — M. O'Neal, USMC)
To: Erik Latranyi
They’ll say “costs are dropping” as it was 9.1% last month! Happy days are here again..all is good.
To: Erik Latranyi
Recession? We don’t see no steenkin’ recession.
6
posted on
08/10/2022 6:48:05 AM PDT
by
rktman
(Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
To: Erik Latranyi
7
posted on
08/10/2022 6:49:31 AM PDT
by
ConservativeInPA
(Scratch a leftist and you'll find a fascist )
To: Erik Latranyi
8
posted on
08/10/2022 6:51:15 AM PDT
by
C210N
(Everything will be okay in the end. If it’s not okay, it’s not the end.)
To: econjack
Lol…they are already spinning.
“ easing energy costs” means gasoline is $4 a gallon instead of $5.
As Joe sells off the strategic reserve.
“Low interest rates” meant my ARM mortgage just adjusted up to an extra $350 a month
9
posted on
08/10/2022 6:52:31 AM PDT
by
silverleaf
(“Freedom ultimately means the right of other people to do things that you disagree with”. T. Sowell )
To: mikelets456
They’ll say “costs are dropping” as it was 9.1% last month! Happy days are here again..all is good.
So true, just like gas prices. Still way higher than before Joey took office, but have dropped a few cents
10
posted on
08/10/2022 6:53:36 AM PDT
by
patriotspride
(Third generation Vet. Never forget the true cost of freedom)
To: Erik Latranyi
Elevated inflation is the byproduct of rapid growth ... Elevated inflation is the byproduct of rapid PRINTING......................
11
posted on
08/10/2022 6:54:47 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: patriotspride
“It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week. And only yesterday […] it had been announced that the ration was to be reduced to twenty grams a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it. [...] The eyeless crature at the other table swallowed it fanatically. passionately, with a furious desire to track down, denounce, and vaporize anyone who should suggest that last week the ration had been thirty grams. Syme, too-in some more double complex way, involving doublethink-Syme, swallow it. Was he, then, alone in the possession of a memory?”
― Orwell George, 1984
12
posted on
08/10/2022 6:55:31 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Erik Latranyi
Don’t worry folks, if you can’t afford to heat your house this winter, you can always burn the furniture.
13
posted on
08/10/2022 6:57:30 AM PDT
by
nascarnation
(Let's Go Brandon!)
To: Erik Latranyi
So in MSM speak, a decrease in the rate of increase in inflation is a “drop in inflation”.
14
posted on
08/10/2022 6:59:11 AM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: Erik Latranyi
B-but they passed the Inflation Reduction Act! How can this be?!/s
15
posted on
08/10/2022 7:00:17 AM PDT
by
ToxicMasculinity
(At this point, what difference does it make.)
To: Erik Latranyi
But the rate remained the same when compared to June.
16
posted on
08/10/2022 7:00:20 AM PDT
by
kabar
To: Erik Latranyi
And stocks are now rocketing upward at this awesome news of “only” 8.5% inflation. Lowered expectations indeed.
17
posted on
08/10/2022 7:10:15 AM PDT
by
ScottinVA
(Кчерту Путина, Kчерту Россию)
To: Erik Latranyi
The USA decline in gasoline prices clearly reflects a major drop in demand.
We consumed 9.5 million barrels a day in July 2021.
We consumed 8.5 million barrels a day in July 2022.
That is a decline of 10.5%.
To: Erik Latranyi
On August 8 I was in Aldi’s and noticed their 24-oz can of Colombian coffee was up about $3.00 over what is was just a month previous.
It is going to take a long while to wash high inflation out of the economy.
19
posted on
08/10/2022 7:13:20 AM PDT
by
TomGuy
To: ToxicMasculinity
20
posted on
08/10/2022 7:13:42 AM PDT
by
Vaduz
( )
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