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Keyword: economyglobally

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  • We Just Got Proof Global Inflation Is Surging

    06/05/2021 12:47:13 PM PDT · by blam · 5 replies
    Activist Post ^ | 6-5-2021 | Brad Polumbo
    Proponents of the federal government’s runaway spending and money-printing argue that the US data showing surging inflation are “transitory” outliers or otherwise not representative of a serious looming problem. But new data released by the Organization for Economic Cooperation and Development (OECD) show that globally, inflation in advanced nations is hitting highs not seen since 2008. The OECD just revealed that prices across the advanced nations it monitors rose 3.3 percent from April 2020 to April 2021. Energy prices skyrocketed a shocking 16.3 percent, while food prices were less volatile, increasing by a more modest 1.6 percent. This graphic by...