in

BREAKING: Biden/Obama Economy Sees Goods Prices Increase 6.5% Since Last Year – The Highest Increase since 1982

breaking:-biden/obama-economy-sees-goods-prices-increase-6.5%-since-last-year-–-the-highest-increase-since-1982
Uncategorized

By Joe Hoft

Published June 10, 2021 at 8:55am

Here comes inflation.

Zerohedge reported this morning:

With the world’s eyes having moved on from China’s rip-roaring PPI (and post-data decision to unleash price controls), this morning’s CPI print has been heralded as the arbiter of “is it transitory or not” with some (BofA) even suggesting we are nearing a period of “transitory hyperinflation.” The answer for now is – inflation’s still accelerating as headline CPI soared 5.0% YoY (hotter than the +4.7% expected). That is the highest level of inflatuion since Aug 2008.

The Bureau of Labor Statistics (BLS) shows energy as a major driver of the increase in costs:

TRENDING: Medical Journal Labels “Whiteness” a “Malignant, Parasitic-like Condition” and there is “Not Yet a Permanent Cure”

As Zerohedge reports, Bloomberg shows goods prices are up 6.5% year-over-year – the highest since 1982.

This all comes as no surprise to most of us.  We are seeing how our dollar is losing its value.

What do you think?

-1 Points
Upvote Downvote

Written by Newsman

Leave a Reply

GIPHY App Key not set. Please check settings

“rfa”:-sleepy-joe-garbles-royal-air-force-name-during-mildenhall,-uk-speech

“RFA”: Sleepy Joe Garbles Royal Air Force Name During Mildenhall, UK Speech

biden-doj-refuses-to-release-jan.-6-security-camera-footage-—-they-know-it-contradicts-all-of-lies-about-alleged-“insurrection”-and-they-must-keep-that-from-american-public

Biden DOJ Refuses to Release Jan. 6 Security Camera Footage — They Know It Contradicts All of Lies About Alleged “Insurrection” and They Must Keep that from American Public