Federal officials have been pressed to speak on rising inflation after \data released earlier this week showed that the all items index increased 5.4% over the last 12 months, the biggest spike since the 2008 financial crisis.
Treasury Secretary Janet Yellen commented on the rise in inflation, saying it would grow worse this year.
Dis mah shock face.
ReplyDeleteIt's gonna get a whole lot worse.
Like a duck on a June bug.....
ReplyDeleteDUUUUUUHHHHHH No shit Sherlock Gas is up by 50+ Percent, Meat prices by at least 25% this is after 6 months in office WTF. Dumbass Libtards need classes in basic economics. NOTAOC economics EITHER.
ReplyDeleteFulfill JFK's goal, end the federal reserve. Andrew Jackson did it once.
ReplyDeleteNo Shit. The same criminals that caused the problem are now demanding an apology for them what done it. Amazin'. Is there an alternate reality that psyche's never took me through? Silly me! I thought "Bizarro World." was just tricks fur kids. HRUMPH.
ReplyDeleteUmm, like pay people an extra $2,400 a month on top of unemployment so they sit on their ass and produce nothing, yet have more money to spend than before...That'll do it.
ReplyDeleteI hear the distant voice of Red Skelton saying
ReplyDeleteNOOOOO!
And what, water will continue to be wet?
Any other shokking news?
I am not a finance graduate from some major university, but this is predictable, and has been seen time and time again. Who remembers the 21% interest rates of the 1980's ? That is the next thing to come, to try and bring the economy back into control.
ReplyDeleteWhen you flood the economy with printed money, force businesses to pay 15$ an hour for entry level workers, and they still have a hard time getting workers, have 25 Democrat governors refuse to stop giving extra 300$ a week for not working, to encourage people to take those 15$ an hour jobs, you can expect inflation to soar. We are not done yet.