Grocery Store Inflation
Joe Biden is destroying the country in front of our eyes. pic.twitter.com/O31D7YkNZK — Citizen Free Press (@CitizenFreePres) January 14, 2023
inflation
Inflation is a major economic issue that affects the cost of living and purchasing power of consumers. Food prices across the board continue to soar. Banks allocate more money for for credit losses.
Food prices across the board continue to soar. Just report that. — The Media Is Our Enemy (@MeganSmiles) January 13, 2023 #Inflation is a major economic issue that affects the cost of living and purchasing power of consumers. #Economics — …
They’re changing the way inflation is calculated again to make things look like they’re “not that bad”
https://twitter.com/WallStreetSilv/status/1613823303579303936
Inflation Alert! Inflation in services (where nearly 2/3 of consumer spending goes) jumped +0.6% month-to-month and 7.5% year-over-year to a 40 year high. Inflation is NOT slowing down and data shows it is becoming entrenched in services, where the bulk of money is spent.
by Dismal-Jellyfish Source: https://www.bls.gov/news.release/cpi.nr0.htm Good afternoon, as the title of the post states, approximately 2/3 of consumer spending goes into services and as we will see below, inflation is still running rampant! Things like housing, healthcare, insurance, education, streaming services (for example …
We Won’t Be Fooled Again – Inflation Is Most Definitely Not “Under Control”
by Michael Inflation is going down! Let’s all celebrate! We all knew that when the Federal Reserve began aggressively hiking interest rates it would have an impact on inflation. Higher rates have caused a new housing crash, they have crushed the tech …
POWELL: The FED needs Independence to fight Inflation… and there it is, read what you will…
Maximum employment? Fail. Stable prices? Fail. Fool me once? Shame on you. Fool me 7028 times? Strike 3. I would like some independence from The Fed. STOCKHOLM (Reuters) -The Federal Reserve’s independence from political influence is central to its ability …
Inflation Alert! Fed Governor Michelle W Bowman: ‘once we achieve a sufficiently restrictive federal funds rate, it will need to remain at that level for some time’ ‘It is likely that as a part of this process, labor markets will soften somewhat before we bring inflation back to our 2 percent goal.’
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/speech/bowman20230110a.htm Thank you, Bill, and I’d also like to thank Alex Sanchez and the Florida Bankers Association for the invitation to be with you today. It is a pleasure to be here in person to discuss issues that …
The Ravages Of Inflation: US Consumer Credit UP 7.9% YoY In November While Personal Savings Collapses -64.8% YoY
by confoundedinterest17 As we are painfully aware, inflation is still high at 7.1% Year-over-year (YoY). To cope with inflation, consumers have been gutting their savings and increasing their use of credit. In November, consumer credit increased 7.9% YoY while personal savings fell -64.8% …
Opinion: Nothing is guaranteed but don’t be surprised if there is another inflation spike around the corner, even with a hawkish Fed
by goldenloi There seems to be a widespread consensus that inflation has peaked and it’s down from here. I tend to disagree, though I acknowledge that this is possible. Nothing is guaranteed and no two time periods are exactly the …
Jobs And The Inflation Tax: December Jobs Report Add 223K Jobs, But Wage Growth (4.6% YoY) Is Still Lower Than Headline Inflation Rate (7.1%), Avg Weekly Hours Employed Falls To 34.3
by confoundedinterest17 The December jobs report is out and the top-line number is … 223k jobs were added. That is strong enough to give The Federal Reserve the green light to raise rates. But while it was a good jobs report, …
Triggers of the hyper inflation in Weimar Republic 100 years ago…
by silvertomars Inflation started to take off when velocity of money went from annual declines to sharp increases… ie inflation+output exceeded money supply… which has some similarity with the situation emerging today…
The US “will have another inflation spike,” Michael Burry says
The US "will have another inflation spike," Michael Burry says https://t.co/meIubiS6NI — Win Smart, CFA (@WinfieldSmart) January 2, 2023 https://twitter.com/michaeljburry/status/1609767590494371840
We didn’t want to do something about the true causes of 2022 Inflation, so we will just put pressure on wages to curb with it. Classic …
ECB chief: Limiting fast wage growth is needed to rein in inflation ‘We must not allow inflationary expectations to become de-anchored or wages to have an inflationary effect,’ Lagarde tells Croatian newspaper. Wages in the eurozone are increasing faster …
Hedging Inflation With Real Estate? NAREIT Index Fell “Only” -23.8% Since Last Year (NCREIF Index UP +9.4%)
by confoundedinterest17 We all know that US housing weakened in 2022 with inflation and The Fed’s counterattack. But what about equity real estate investment trusts (REITs) and commercial real estate (NCREIF)? The NAREIT all equity REITs index is down -23.8% since …
Surviving Inflation And The Fed: ARK’s Cathie Wood or TSLA’s Elon Musk? Or Bitcoin? (Answer: All Are Down Around -68% YoY)
by confoundedinterest17 Trying to survive high inflation is difficult, but surviving The Federal Reserve’s counterattack to inflation is even more difficult. Two people who constantly appear in the business are ARK’s Cathie Wood and TSLA’s Elon Musk. A third we can …
Communists hid Student Loan Relief into Massive 1.7T Inflation/Staganation Bomb.
https://news.yahoo.com/new-law-links-your-student-loans-with-retirement-savings-162657977.html Here’s the deal…. while this scumbag thieving rat Biden, who stole the US Presidency by faking Mail in Ballots in Swing States is the tool of the Collectivist Elite…. ..after his phony story about forgiving Student loans… they are …
SPENDING MORE, GETTING LESS: Holiday Sales up 7.6% in 2022 — but Outpaced by 8.5% Inflation.
NEW YORK (AP) — Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure. Holiday sales rose 7.6, a slower pace than …
Spain: We will cut inflation by printing money
Spain Unveils €10 Billion Package of Anti-Inflation Measures We will cut inflation by printing money 😃 https://t.co/ybIBtsNZfH — Win Smart, CFA (@WinfieldSmart) December 27, 2022
Cashless Society Imminent As Inflation Destroys Economy, Fed Announces Digital Currency For 2023!
by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the announcement by the Federal Reserve that the CBDC (Central Bank Digital Currency) for the dollar will be put into action in 2023, somewhere between January and July. We are talking about …
Why you should be terrified everyday inflation is only “waning”
by Revolutionary_Elk345 In 1964 a gallon of gas cost about a quarter. So how did we get to today’s price? Through inflation. The fed targets 2% inflation per year to spur people to invest their money and not keep it …
Japan’s consumer inflation hits fresh 40-year high
Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. …
How Long Will Sky-High Inflation Last? History Has An Answer…
Image by Halfpoint From Peter Reagan at Birch Gold Group Raging inflation has been a fact of life for quite a while since I first asked “How long will it last?” last June. The short answer back then? “No one knows.” The …
Why Central Banks Will Choose Recession Over Inflation
by Daniel Lacalle via Mises While many market participants are concerned about rate increases, they appear to be ignoring the largest risk: the potential for a massive liquidity drain in 2023. Even though December is here, central banks’ balance sheets have hardly, if at …
Brits buying less food amid soaring inflation – survey
The rate of food inflation in the UK has reached its maximum since 1977, with consumers in poorer areas reporting they are buying less food, a survey by the Office for National Statistics published on Thursday shows. Lower-income households appear …
Not much [inflation] improvement in November vs the last few months
As mentioned on our Space this morning, here’s the Services PCE ex Housing & Energy that is the latest indicator cited by Chair Powell as key for motivating further tightening. Not much improvement in November vs the last few months. …
Inflation is 92% right now in Argentina
Argentina’s annual inflation accelerated less than expected while economic growth picked up on a quarterly basis before the government revamped price controls. Prices rose by 92.4% in November from a year ago, the highest rate in 30 years though less …