We have ZERO inflation
- Thread starter Lionfish
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floridafan
Verified User
Brandon declares we have zero inflation. Probably no need for that nasty inflation Reduction Act.
After announcing there is zero % inflation, Brandon shakes hands with his senior economic advisor.
Of course that wasn't what he said, but since you lie about everything, its no surprise.
The annual inflation rate in the US slowed more than expected to 8.5% in July of 2022 from an over 40-year high of 9.1% hit in June, and below market forecasts of 8.7%. Energy CPI rose by 32.9%, after hitting a 42-year high of 41.6% in June, mainly due to a big slowdown in gasoline costs (44% vs 59.9%), fuel oil (75.6% vs 98.5%), and natural gas (30.5% vs 38.4%) while electricity prices accelerated (15.2%, the most since February 2006). Cost also slowed for new vehicles (10.4% vs 11.4%) and airline fares (27.7% vs 34.1%). On the other hand, inflation continued to march higher for food (10.9%, the largest increase since May of 1979, vs 10.4%); shelter (5.7% vs 5.6%); and used cars and trucks (6.6% vs 1.7%). Compared to the previous month, the CPI was unchanged, after hitting a 17-year high of 1.3% and also below forecasts of 0.2%. Core inflation was steady at 5.9%, beating expectations of 6.1%, and offering some support that inflation has finally peaked.
tradingeconomics.com
tradingeconomics.com
Biden says there was zero inflation:
https://www.bloomberg.com/news/videos/2022-08-10/biden-says-there-was-zero-inflation-in-july-video
floridafan
Verified User
In July, which is true.
"The annual inflation rate in the US slowed more than expected to 8.5% in July of 2022 from an over 40-year high of 9.1% hit in June."
His statement was misleading...INTENTIONALLY...he thinks most Americans will believe that the annual inflation rate has gone to zero, it hasn't, it's 8.5%.
floridafan
Verified User
I understood exactly what was said, it was simple and to the point. Its a shame that you could not.
Noking
Fight authoritarianism support Noking
Probably no need for that nasty inflation Reduction Act.
After announcing there is zero % inflation, Brandon shakes hands with his senior economic advisor.
You must drink a lot.
You understand what you want to understand, the rest of us know he was trying to mislead Americans into believing that the annual inflation rate is zero...it isn't.
It's 8.5%.
Biden is a lying weasel whose out of control inflation is harming hard working Americans.
You should know that.
Is this what you support:
"The annual inflation rate in the US slowed more than expected to 8.5% in July of 2022 from an over 40-year high of 9.1% hit in June, and below market forecasts of 8.7%. Energy CPI rose by 32.9%, after hitting a 42-year high of 41.6% in June, mainly due to a big slowdown in gasoline costs (44% vs 59.9%), fuel oil (75.6% vs 98.5%), and natural gas (30.5% vs 38.4%) while electricity prices accelerated (15.2%, the most since February 2006). Cost also slowed for new vehicles (10.4% vs 11.4%) and airline fares (27.7% vs 34.1%). On the other hand, inflation continued to march higher for food (10.9%, the largest increase since May of 1979, vs 10.4%); shelter (5.7% vs 5.6%); and used cars and trucks (6.6% vs 1.7%). Compared to the previous month, the CPI was unchanged, after hitting a 17-year high of 1.3% and also below forecasts of 0.2%. Core inflation was steady at 5.9%, beating expectations of 6.1%, and offering some support that inflation has finally peaked."
Peaked at 8.5%!
floridafan
Verified User
Would I expect any other type of reply from far right wing freaks?
Is this what you lying, far left loons support:
"The annual inflation rate in the US slowed more than expected to 8.5% in July of 2022 from an over 40-year high of 9.1% hit in June, and below market forecasts of 8.7%. Energy CPI rose by 32.9%, after hitting a 42-year high of 41.6% in June, mainly due to a big slowdown in gasoline costs (44% vs 59.9%), fuel oil (75.6% vs 98.5%), and natural gas (30.5% vs 38.4%) while electricity prices accelerated (15.2%, the most since February 2006). Cost also slowed for new vehicles (10.4% vs 11.4%) and airline fares (27.7% vs 34.1%). On the other hand, inflation continued to march higher for food (10.9%, the largest increase since May of 1979, vs 10.4%); shelter (5.7% vs 5.6%); and used cars and trucks (6.6% vs 1.7%). Compared to the previous month, the CPI was unchanged, after hitting a 17-year high of 1.3% and also below forecasts of 0.2%. Core inflation was steady at 5.9%, beating expectations of 6.1%, and offering some support that inflation has finally peaked.
tradingeconomics.com
Peaked at 8.5%.
Yakuda
Verified User
You really hate when people make fun of little joey dont you. If only someone cared.
PostmodernProphet
fully immersed in faith..
PastyFaced Pedophile BAD!!....
Yakuda
Verified User
Probably no need for that nasty inflation Reduction Act.
After announcing there is zero % inflation, Brandon shakes hands with his senior economic advisor.
Well you have to remember that leftists have a penchant for changing the definition of words. That's a strategy they've used for some time now, so they can say there is zero inflation because they just change the meaning of the words. And joey shaking hands with his imaginary friend there shows just how progressive he is, he's friends with the world, the environment and he treats them all as people.
Noking
Fight authoritarianism support Noking
If you don't care, then why post this crap?????
Yakuda
Verified User
Just like there's no recession when there's a recession. It Orwellian for sure, up is now down and good is now evil.
Yakuda
Verified User
No I care that little Joey is a demented lying groping racist imbecile that is pretending to run the country. What I don't care about is whether you like us making fun of him or not He's a fool and those who voted for are even more so.