Prices of goods falling

https://www.reuters.com/business/en...-saudi-says-opec-could-cut-output-2022-08-23/



“Much of the impetus behind today's strength is being driven by comments out of Saudi Arabia alluding to a possible output cut in an attempt to 'stabilise' the market," said Jim Ritterbusch of oil trading advisory firm Ritterbusch and Associates. "Of course, from the Saudis' perspective, stable prices equal high prices and instability equals low prices."


The Saudis are fucking with the world to try and keep prices high
 
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https://www.bloomberg.com/news/arti...rices-tumble-ahead-of-biden-s-tax-relief-plan



US Gasoline Prices Tumble Ahead of Biden’s Tax Relief Plan
Biden aims to ease pressure on Americans battling inflation

ByDevika Krishna Kumar+Follow
June 22, 2022, 9:02 AM PDT
US President Joe Biden is planning to waive a federal gasoline tax to help Americans battling surging inflation. But prices have already dropped from record highs amid fears of a recession and signs of easing demand.

US gasoline futures are about 13% below the record high seen earlier this month and pump prices have dropped for more than seven days straight — the biggest run of losses since April — after rising to a fresh peak early last week, as recession concerns grip the market. Oil prices have tumbled toward $100 a barrel as traders fear that sharply higher interest rates would slow down economic growth and lead to demand destruction.
 
evince said:
https://www.cnbc.com/amp/2022/08/19...-consumer-items-where-prices-are-falling.html


Grocery store staples have dipped. Large white eggs cost, on average, $2.14 for a dozen, during the week of Aug. 15-21, according to the USDA. That's a whopping 60 cent drop from the prior week, when the average was $2.74 per dozen.


The average price for a gallon of milk slipped to $3.16 from $3.24 during the period of Aug. 8-12 from the previous month, and the average price of butter fell to $3.67 from $4.68 in the same timeframe, per USDA data.

Chicken breast prices also slipped on a weekly basis during the period of Aug. 8-12, but other parts of the chicken are declining as well – chicken wing prices have been trending down and are now cost less than they did pre-pandemic, according to data from the Department of Agriculture.
Click to expand...

Fiction.
 
The republicans can’t USE the economy anymore


It opens up all the success of Bidens effectives moves and the great effects people can feel right at home


So what do they have


Trump love


That’s melting away very quickly in their own base
 
evince said:
The republicans can’t USE the economy anymore


It opens up all the success of Bidens effectives moves and the great effects people can feel right at home


So what do they have


Trump love


That’s melting away very quickly in their own base
Click to expand...

What Biden success?????!?
 
evince said:
https://www.cnbc.com/amp/2022/08/19...-consumer-items-where-prices-are-falling.html


Grocery store staples have dipped. Large white eggs cost, on average, $2.14 for a dozen, during the week of Aug. 15-21, according to the USDA. That's a whopping 60 cent drop from the prior week, when the average was $2.74 per dozen.


The average price for a gallon of milk slipped to $3.16 from $3.24 during the period of Aug. 8-12 from the previous month, and the average price of butter fell to $3.67 from $4.68 in the same timeframe, per USDA data.

Chicken breast prices also slipped on a weekly basis during the period of Aug. 8-12, but other parts of the chicken are declining as well – chicken wing prices have been trending down and are now cost less than they did pre-pandemic, according to data from the Department of Agriculture.
Click to expand...

Biden gets the credit folks
 
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