Inflation hits 40-year high as CPI rises 8.6% in May

[evince]

Price controls don't work. Neither does fascism.

Then stop fighting for a racist fascist takeover of the US


You russians no nothing about capitalism asshole


Fuck off

 

[evince]

Here is what we CAN DO to curb inflation



https://www.commondreams.org/news/2...ing-corporate-profits-soared-record-high-2021




Their Inflation Strategy Is Working': Corporate Profits Soared to Record High in 2021
"CEOs can't stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring," said one expert.

JAKE JOHNSON
March 31, 2022

They are openly BRAGGING about making profits off American hides


They need a slapping but good

 

[Sailor]

Well, that's just it - more are working. That's the whole deal.

????????????????????????????? Explain to me the help wanted ads. Everywhere. Companies are literally shutting down because they cannot get help.

 

[PostmodernProphet]

Libs think its only a coincidence that their "greatest growth in GDP in 40 years" and "highest inflation in 40 years" both happened 40 years ago.......

 

[gemini104104]

U.S. consumer prices accelerated in May at the fastest rate since 1981, as Americans grapple with a surge in the cost of gas, food, and shelter, data showed Friday.

The Bureau of Labor Statistics' May Consumer Price Index (CPI) showed a year-over-year increase of 8.6% last month, up from 8.3% in April. Economists were expecting an 8.3% increase in May, according to estimates compiled by Bloomberg.

The biggest contributors to the latest jump in inflation were shelter, gasoline, and food, according to the BLS. The energy index rose 3.9% month-on-month in May, with the gasoline index rising 4.1%. Compared to the prior year, energy prices in May were up 34.6%, the most since September 2005.

Meanwhile, the food index rose 1.2% from April to May and 10.1% over the prior year, the largest jump since March 1981.
https://finance.yahoo.com/news/may-inflation-data-june-10-2022-212834308.html

You flunk heads at frothing at the mouth with so much hatred against the U.S., you all have missed the mark at failing to realize inflation has become a global problem:

The Return of Global Inflation

At least one thing is clear: A resurgent inflation rate is by no means solely a U.S. concern.

https://www.pewresearch.org/fact-ta...he-u-s-has-seen-one-of-the-biggest-increases/

The Trump administration was ruining the pre-COVID-19 economy too, just more slowly

https://www.epi.org/blog/the-trump-...pre-covid-19-19-economy-too-just-more-slowly/