Inflation kicking up

H

Hawkeye10

ButterMilk Man
Contributor
The US Producer Price Index, which measures sale prices for goods and services, climbed 1% on a seasonally adjusted basis in March, the Bureau of Labor Statistics announced Friday. That was a steeper rise than February and greater than economists had expected.
Prices for finished goods increased by the largest amount since the government started tracking that specific measure in 2009.
The biggest driver was a sharp 8.8% jump in gasoline prices.
Year-over-year, producer price inflation stood at 4.2%, the largest increase since September 2011, nearly a decade ago.
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https://www.cnn.com/2021/04/09/economy/us-inflation-rising/index.html


As expected by the Not Morons.

It only gets worse from here.

You were warned.
 
But you taint wallows clamored for a faster recovery under Obama


But now you are worried about an overheating economy


Make up your minds
 
UNDER TRUMP, WAGE INCREASES OUTPACED INFLATION MORE THAN 3-1....

THE IDIOT-O-CRATS ARE ALREADY FUCKING THAT UP....
 
The worst I have seen was 1980 at 13.5% y/y.

It will very likely be worse than that within three years.
 
All of these so-called experts I am seeing selling the message "Dont worry about inflation, it will barely matter" is a head scratcher. Are they really that ignorant or are they lying yet again?
 
Hawkeye10 said:
All of these so-called experts I am seeing selling the message "Dont worry about inflation, it will barely matter" is a head scratcher. Are they really that ignorant or are they lying yet again?
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And your team kept saying the economy was fine in 2008 until it crashed
 
The republicans screwed everything up and lied us to war


Fact


Then their bank deregulation crashed the economy


Fact
 
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