Wholesale inflation jumps to highest level since April 2023

submitted by P-38lightning from foxbusiness.com

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[–]WoodyWoodPecker 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Liberal Democrats are noticing this and that they cannot afford to eat certain foods. They will vote for Trump in Nov 2024, because Biden sucks.

[–]GuyWhite 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (19 children)

Thanks Joe!

And just wait a month when they readjust the final figure even higher.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (18 children)

Yeah - thanks Joe!

US inflation has dropped consistently since 2021/22, due to invements in the 99%.

https://tradingeconomics.com/united-states/inflation-cpi

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

https://www.usinflationcalculator.com/inflation/current-inflation-rates/

Fox misinformation and /u/P-38lightning are trying too hard to find a different inflation statistic, though it's irrelevant.

[–]GuyWhite 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Anytime a commie calls something “disinformation,” that means it is actually truth.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Anytime a fascist limpdick tries to promote a false equivalence, that means it is actually disinformation.

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Exclaimed the Minister of Obfuscation.

[–]P-38lightning[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

CNN: "This just in, inflation is headed in the wrong direction"

https://twitter.com/KatieBrittforAL/status/1778076616427495428

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Look at the 3 links I provided. As noted at CNN, CPI is up 3.5% as of March. The reason that's not important is because it's a minor adjustment by conrast with the downward trend since 2021/22 (as shown in the graphs of the 3 links, which also agree that the CPI increase of late is 3.5%).

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (12 children)

Who do you think you are fooling? The folks that go to grocery stores? No amount of your propaganda will erase the memories of folks who are struggling to put food on the table due to high prices

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (11 children)

Another false equivalence. (Inflation in one sector does not represent inflation in general.)

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (10 children)

Call it whatever you want. Hungry folks are still hungry and tired of struggling to make ends meet. Joe’s gonna pay.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (9 children)

So you'll appreciate that the reason they're hungry is because of the lie of "trickle-down economics" since the time of Reagan. $10 trillion in tax cuts for the wealthy during the Trump admin NEVER trickled down, nor did any of the other tax cuts. I recall getting a few hundred and other small amounts on occasion from Republican tax cuts under several presidents since the 1980s, but never needed it. Meanwhile the money borrowed from China for those tax cuts increased into the trillions, and we're still paying that down. Investment in the economy is necessary, not tax cuts. That's what's happened in recent years, and the inflation rate in the US has dropped because of it. Republicans under the Trump admin saddled the US with over $10 trillion in debt and a massive inflation. Only insane voters assume that Trump will not bring back that same 'trickle down' theft and corruption.

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (8 children)

Nice try. Trying to blame presidents from decades ago. Joe Biden has been the president for over three years. His excessive spending caused the inflation.

Since senile Joe has been in power the last 3 years, it’s been up to him to fix all those terrible ills you described in the propaganda above. He hasn’t. Which is a good reason for you to vote for Bobby Kennedy.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (7 children)

Seems you don't want to know about the statistics of dropping US inflation I provided earlier: https://saidit.net/s/news/comments/cjkt/wholesale_inflation_jumps_to_highest_level_since/15srb

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (6 children)

I know the price I paid for gasoline when Trump left office was $2.13 per gallon. The price today is $3.10 per gallon.

That’s a 46% increase. That’s what I and the rest of Americans know about inflation.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

Again (and again and again), you're comparing one number to the entire US economy. You probably know there's no comparison, but perhaps you don't care. I don't know why anyone would believe in obvious lies, but this seems to be pupular since the election of Trump.

[–]Musky 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (5 children)

And gold is going wild!

This is interesting too:

https://saidit.net/s/finance/comments/cjqb/japanese_market_the_broader_implications/

[–]YoMamma 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (4 children)

And gold is going wild!

Which I think is normal a few months before a US election, and concerns about economic instability (re. the Fed not reducing interest rates due to relatively unchanged inflation in recent months, and especially due to the small potential of a Trump win for incredibly stupid voters barraged with non-stop right wing misinformation about problems Republicans created, but they're trying to pin on Democrats, while hoping idiot voters won't bother to look up the history of massive tax cuts for the wealthy adding to the deficit $10 trillion during Trump's admin, and a border crisis continued because the Republican bipartisan bill was cancelled when Trump simps cancelled it).

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

Bobby Kennedy is a competent, non senile alternative to corrupt Joe Biden.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

His approaches to disinformation have made him unelectable. His potential is to take votes that would otherwise go to Biden, thereby helping the worst president in US history to be reelected.

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Your disinformation always turns out to be Americas truth.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Which part is disinformation?

[–]Jiminy 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I'm still thinking fed reserve does something, lower rates, to help the economy before the election , I've made a few bets accordingly, buying stocks

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Got any recommendations? I need to do some research. But I’m busy getting ready for my spring migration north.

I’m about 15% in CDs. I’d like to reduce that in the next few weeks.