Biden Says He Will Fight Inflation With More Inflation. Some Transportation Costs Spiked 1,000%. Corn and Soybean Farmer Says Americans May See Grocery Bills Increase $1,000 a Month

Sharing is Caring!

……Biden outlined a four-point plan to fight inflation on Tuesday night. The bullet points included strengthening supply chains;
reducing costs through government action; taking on corporate consolidation; and encouraging workers to find better jobs by providing resources like retraining.…..

……Speaking of his inflation plans, Biden said: “While you’re at it, confirm my
nominees to the Federal Reserve, which plays a critical role in fighting inflation.”

Ocean shipping was another focus Tuesday night. Bharat Ramamurti, the National Economic Council Deputy Director, said in a Yahoo Finance Live interview Tuesday that some transport costs spiked 1000% in recent months.
“Those price increases filter their way through: they hurt American businesses and they hurt American consumers,” he said.

Anon: “massive inflation coming our way, coal up 33% today”

View post on

Hyperinflation is here – Coal is up 800% since last year.

View post on

In 2020, gas was $0.99. The SAME station is $3.77 today.

See also  Remember when bank deposits collected interest rates that exceeded the rate of honestly-measured inflation? Neither do I.

The name of the station changed from Harry’s to Mike’s.

4301 Norcross Rd. Hixson, TN 37343
Gas prices drop to 99 cents a gallon at Hixson station

$3.77 today

We are primarily funded by readers. Please subscribe and donate to support us!

October 2021 on Google maps: $3.19
Depending on the angle you look at the dates will change.

View post on

View post on

View post on

Corn and Soybean Farmer Says Americans May See Grocery Bills Increase $1,000 a Month

President Joe Biden focused much of his State of the Union address Tuesday night on Russia’s invasion of Ukraine, but he also wanted Americans to hear his message on surging inflation.

See also  Housing Under Biden: Mortgage Demand Increases 6.3% Since Last Week On Rate Declines, But Purchase Demand Down 32% Since Last Year, Refi Demand Down 44% YoY

“One way to fight inflation is to drive down wages and make Americans poorer,” he said as he attempted to reframe his domestic agenda. “I have a better plan to fight inflation: lower your costs, not your wages.”

Biden delivered his optimistic economic message Tuesday to remind Americans of economic progress like the 6.6 million jobs added since he took office. But inflation concerns tempered that message.

Oil Prices Pass $112 Barrel, OPEC Holding Firm, Here Comes $7 Gasoline

Jesse Watters: “The protection of Zelensky is priority number one for the entire Western world.” That is Whoopi Goldberg level stupid. With our border being invaded, skyrocketing inflation & gas prices, voter fraud and a criminal pedophile as our President, Zelensky doesn’t rank in the top 100.



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.