The Bureau of Labor and Statistics (BLS) has released the February capture of the current inflation situation {DATA HERE} – the results are alarming and unfortunately will get worse.
The February rate of inflation was 0.8% (adjusted), an increase from the prior month (Jan 0.6%), and the calculated year-over-year inflation rate is now 7.9 percent and climbing fast. There are some important indicators and aspects that need to be emphasized. [Modified table-1 graphic]
First, the capture of the current February data was BEFORE the Russia-Ukraine crisis came into play. Despite the White House attempting to justify the release data today by blaming it on Russia-Ukraine influence on oil and gas prices, the data itself was assembled before the recent spikes in oil and gasoline. This is an important distinction, because that means what is coming next is even higher.
Second, what is surfacing now in the data is what we previously outlined in October and November as the inflation hurricane heading our way. All of this was predictable, given the nature of the inflation, at all three stages of the supply chain (raw material, intermediate and wholesale).
The price of goods is still rising inside the supply chain, and the rate of petroleum price increases (energy and transportation) is making the final products even more expensive.
Third, the forward-looking rate of annualized inflation is higher in almost every category than the year-over-year backward looking data. This means future price increases will be even higher than previous price increases. The rate of inflation monthly (in almost every category) is exceeding the previous rate of inflation.
Stunningly, even Reuters has to give an assessment that is against the interests of the White House:
(Reuters) – […] The broad rise in prices reported by the Labor Department on Thursday led to the largest annual increase in inflation in 40 years. Inflation was already haunting the economy before Russia’s invasion of Ukraine last month, and could further erode President Joe Biden’s popularity.
The Federal Reserve is expected to start raising interest rates next Wednesday. With inflation at nearly 4 times the U.S. central bank’s 2% target, economists are expecting as many as seven rate hikes this year. Lower income households bear the brunt of high inflation as they spend more of their income on food and gasoline.
“Consumers’ shock at rapidly rising gas prices at the pump will continue to put pressure on the Fed and policy makers to do something, anything, to slow down the speed at which prices everywhere are moving higher,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.
[…] In the 12 months through February, the CPI shot up 7.9%, the biggest year-on-year increase since January 1982. That followed a 7.5% jump in January and was the fifth straight month of annual CPI readings north of 6%. February’s increase in the CPI was in line with economists’ expectations.
Last month’s CPI data does not fully capture the spike in oil prices following Russia’s invasion of Ukraine on Feb. 24. Prices shot up more than 30%, with global benchmark Brent hitting a 2008 high at $139 a barrel, before retreating to trade around $118 a barrel on Thursday (read more)
The perfect storm is upon us.
We already know, from our current reality, that next month’s inflation data will be significantly higher than this report. Disposable incomes are gone, as consumers are now hunkering down to survive skyrocketing food, gas, energy and home living costs.
The rate of inflation in 2022 is going to triple wage growth, at the same time the Fed is claiming they will raise interest rates thereby creating unemployment and putting downward pressure on wages. This is a perfect storm for an unavoidable recession, which -in my opinion- we have been manipulatively avoiding for the past seven to nine months. FUBAR.
You can see the specific category price increases in BLS table-2 HERE. If the trends hold similar to current status, moving forward we are looking at 42% price increases on milk, 15% more for vegetables, 31% inflation on fruits (80% on citrus), 9% price increases for beef, 20% for chicken, 18% inflation on coffee and roughly 35% price increases for butter.
Additionally, keeping in line with what we have predicted would happen with durable goods, the prices of luxury items like jewelry and even automobiles are now starting to drop slowly. This would indicate a demand drop in non essential purchasing as spending is prioritized.
Last point…. the BLS data was collected at about the time of the red arrow in this graphic below (Feb 10 to 15). You can see where the gas price goes from the point at which the inflation data was collected. That 30% spike is what will roll-up into next month’s inflation data.
The White House Press Secretary, Jen Psaki, is lying when she attributes the current February inflation data to the Russian invasion of Ukraine. That impact will not be quantified until next month’s BLS release.
Buy a bike. Your gonna need it!
Look into wood gasification for cars and generators.
Are you a No Agenda podcast listener by any chance Laura? ITM
Our sanctions war with Russia is going to hurt us a heck of a lot more than it will hurt Russia.
Question is this intentional?
I don’t think it’s so much intentional as it is the result of clueless morons “in charge”. And there’s plenty of clueless morons in DC
When Butt-gig says to buy an electric car, that is for sure cluelessness.
Reminder, butt-gig is World economic Forum leadership member and a Build Back Better graduate, he is all in to destroy the USA.
It is 100% intended and by design. They can’t have their green new deal w/o $8 gasoline and skyrocketing energy costs. SD has outlined this ad infinitum.
And if everyone drove electric cars……wait for it…..electricity prices double!
…monthly.
FJB did intend to destroy the oil and coal industry in the USA. Putin invading was not in the planning when FJB began screwing over our energy sector. Putin’s invasion has enhanced the damage that FJB had already done. That enhancement has exposed the fallacy of the lefts premature drive into the total green energy unicorn. I hope the high inflation and future interest rate hikes bites them in the rear end.
This may end up turning more people against the democrats. It’s just too bad that this current batch of corrupt establishment republicans are the counter to the democrats.
With the inflation that we are going through I imagine that peoples credit cards will be used more. For the past number of years all the junk mail that I get from the credit card companies are offering cards who’s interest rate is tied directly to the prime rate. As the prime rate goes up, so will the burden increase on those with credit card debt.
Joebiden did it on day one of his presidency.
I am in a food shortage FB group. Many members are reporting their credit card limits have been recently reduced.
And these folks have excellent credit, no missed or late payments. No reason to dock their limits, except for……?
It’s intentional. Unequivocally.
I think it’s intentional and necessary tactics to install Fundamental Transformation / 6uild 6ack 6etter.
6uild 6ack 6etter
Outstanding icon!
We need to use this EVERYWHERE!
Great one RobInPA!
6uild 6ack 6roke
I said the same thing to my coworker just now. It really does appear to be intentional. Which makes me worry that this is Joebama, Xi and Putin working together to hurt the American public. And a way to give Putin what he wants in return.
But that’s just my own conspiracy laden mind.
This is intended to screw America, exactly as planned. Another example is our border.
This thought entered my conspiracy laden mind on day 1, when I realized how many stories harmful to the Democrats were being oh, so conveniently relegated to the dustbin.
it’s totally intentional. They smirk and spin at every question, see peter doocey sparring with red lyinhood
https://www.msn.com/en-us/money/markets/psaki-spars-with-fox-news-reporter-over-rising-gas-prices-we-re-already-getting-that-oil-peter/ar-AAUQZx7
and the lie over the 9000 leases……the pipeline investors lost 1 billion of their investment when FJB canceled the big project. left them holding the bag.
One of those investors gave an interview that the new lease capacity can get up and running in 8 weeks if FJB guarantees he doesn’t scuttle them again, and their re-investment is not killed
He also said that the price would dive a dollar overnight it FJB rescinded his policy on energy
it’s all intentional GND bullS&&&
Yes, it’s intentional. All of this is by design. Remember how the energy supply was cut off on day one. For over 200 years, the dems have been social engineers, and as a result tyrants that destroy everything they touch in pursuit of sick ideologies that fail practical value. If one takes a step back and look at the geopolitics, the moves of every country and who is benefitting, then you may be able to see clearly the larger strategy.
Multinational corporations have controlled most major markets and governments years ago. Today they are winning the war against governments that don’t want their nation’s government and people controlled by the corporations.
theconservativetreehouse.com/blog/2022/03/03/the-motive-for-the-strategic-creation-of-brics-resurfaces-in-the-ukraine-conflict/
Sundance has already stated his opinion that this was all unavoidable and intentional
100% YES it is intentional!
Admittedly I bounce around like an autistic robot trying to solve the “chicken or the egg” riddle. In this case its moronic fools vs pure evil. Honestly I think for the most part we are surrounded by moronic fools that have been subverted just like the general population. But the ones at the very tip top know what they’re doing.
“…moronic fools vs (or) pure evil…”
I think it’s a case of both/and.
Moronic fool and pure evil are not mutually exclusive. We have incontrovertible evidence that many are both.
Now the question is, who is intentionally both moronic and evil?
Of course it’s intentional.
Intentional?
Yes. Absolutely. Without ANY doubt.
Sanctions were enacted KNOWING FULL WELL that Americans would be harmed MUCH MORE than Russians.
Oil prices are a key ingredient in the Obama-Biden administrations plan to bring this country to its knees and be forced to relinquish its sovereignty and self-government over to a One World Government based in Europe….
And a big part of the Plan is to force us into a Green New Deal.
https://americandigest.com/sen-tom-cotton-high-gas-prices-are-intentional-biden-ploy-to-push-green-agenda/
IMO, the Obama crew could care less about Russia. They want to make Americans suffer–really suffer! And they want to humiliate and degrade our country so that we can never claim we are exceptional in regards to anything.
We’ll be just another “*hit-hole” country like Venezuela or Cuba.
Executive Order 13990 tells me it’s intentional…
https://www.energy.gov/nepa/articles/eo-13990-protecting-public-health-and-environment-and-restoring-science-tackle
Yes it is!
Of course it is. When you consider that if all of the CO2 emissions from the USA were shut down it wouldn’t make a damn bit of difference even if one believes in global warming. China is the world’s largest emitter of CO2 and continues to build more coal fired plants. India and third world countries are also building more. Atmospheric CO2 will just keep increasing even if the developed world is crippled.
Does a bear shit in the woods?
Through all the noise, the one thing I ‘believe’ is $10/gallon gas because 1) we are mere nickels and dimes away from it on gas station placards and 2) it effectively ends the productive American economy, the same economy George Soros labelled as being Enemy Number One for globalism’s consolidation. Fancy that.
Intentionality is a matter of debate. But my, my, how avertable $10 gas was and how complex (contrived?) the path was for us to arrive at it. Frankly, what else needs to be true?
All part of the plan. The Schwab plan.
It is my understanding that it is intentional. If the Merchants of Tarshish are the United Kingdom, and the US, Canada, Australia, New Zealand (Five Eyes) are the UK’s young lions, then we are feckless during the upcoming Ezekiel 38, 39 war. Russia, Libya, Iran, Sudan, Turkey turn on Israel, while we, the Merchants of Tarshish and its young lions, simply ask them, what are they doing? Saudi Arabia also backs away. We ask, “Have you come to take a spoil?” We are feckless in the end times, and we are living the fall from superpower to feckless now. It’s intentional.
But we can stop this speeding train from derailing: “If My people, which are called by My name, shall humble themselves, and pray, and seek My face, and turn from their wicked ways, then I will hear from Heaven, and will forgive their sin, and will heal their land.” — 2 Chronicles 7:14 [KJV]
I like how He doesn’t say everyone in the U.S. or Australia or Canada or the UK. He says those called by His name. That’s us. We Christians. That verse and these times we are living in has made me do some hard soul searching in attempt to obey. Turns out I’m not the good girl I thought I was. 🤗 Ha Ha!
In other news….
Gasoline in several stations down the street hit $6 today. (Los Angeles)
Butter up $2 in about a week.
Stores still well stocked, but light on pasta, flour, chicken, and cat food. (I’m a dog & horse person, but had to do a recon.)
Governor Newsom wants to give Californians a tax rebate because California has the highest gasoline prices.
And mom went to the doctor today with kidney problems. Jury is still out, but glomerulonephritis from vaccine injury is likely. Her doctor is waiting for test results, before a definitive answer can be given.
Oh, and GoGoDuck (Duck Duck Went) has been changed to Brave on all my devices.
Thanks for listening, Treepers. It’s been a rough day. ❤
I’m curious to see the lengths the establishment will go to to falsify election results this November. Otherwise the Ds will see the end of their dominance for a while.
No they won’t. They will just have an R after their name for a couple years. Damage will still be inflicted it will just be done in a back door manner.
Just like every Republican has done after and before Reagan and Trump eras respectively.
And every rep speaker of the house during dem presidential years. We are always being led by Democrats. Reagan and Trump were the only two non Dems in my life.
And both were Democrats until, as Reagan put it, the party left him.
You can see that today on Fox News – all in for war. They are now the same as CNN. Election night 2020 they really turned their backs, from that day forward. They’re all rats
And?
Democrats took a hit over the
Socialization of HealthcareAffordable Care Act, but they didn’t care because they know these type of hits don’t matter. They exchanged a few years of reduced power in exchange for one of socialism’s sacred pillars. They will gladly take that deal again in exchange for forcing the Build Back better agenda into law.We are totally crushed. Never coming back.
How do you know that?
Do you have some sort of secret information?
Oh…Wait 🙂
I come here for information and get information and a good chuckle.
While IMO there are dark days ahead, I wouldn’t count out the American spirit just yet. We’ve adapted to and overcome worse, not to mention the challenges many of our ancestors faced just to get here.
Stay focused on the mission and remain unfazed by the propaganda and psyops. It’s tough, yes. We’re tough. We’ll make it 🙂
We won’t make it in any form unless something is done about the tens of millions of illegal aliens now well entrenched who are sucking dry every possible aspect of normal American life.
Even the public voices who are wailing about “controlling the boarder” seldom, if ever, say anything about getting rid of the millions and millions and millions already here.
And we won’t make it unless something is done about the election process. After all, it’s not as if this “administration “, the cause of the suffering we are discussing, was duly elected.
Yes I hear only 3% of the population fought and WON the American Revolution. Surely, something to be gladdened for! Great things DO happen in small numbers!~
Of course. Just remember, those that committed all the crimes of releasing the virus, banning medications, killing people and the economy, changing the rules of voting and ultimately STEALING the election did not commit those crimes to turn things back over to the opposition. They did it, brazenly and for all to see, to send the very clear message that they are in control, beyond reproach and untouchable.
And every move since reinforces the above. But fear not, if you think this is bad, just wait. We will soon look back on this time as the good old days. Just a little sardonic dark humor.
You have to admit, watching this transformation take place is fascinating. Incomprehensible but fascinating.
“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of citizens.”
John Maynard Keynes
And there we have it. On our way to the land of “You Will Have Nothing”. Enjoy the trip.
so, we’re just gonna be passengers instead of take control of the vehicle?
I’m certainly open to suggestions…workable ones.
It’s damnably overwhelming, but I AIN”T going down without one hell of a fight!!!
And when the dollar is completely destroyed, they will offer their solution, which will be the central banker’s digital currency:
Prof Ricard Werner- Central banker end game in 3 min
That’s the destination.
I love you Bet NM. Amazing days. ✝️
They are, Frank, my beloved friend🙏 I am with you.
Has the Battle of Kyiv already began? – Watch Ukrainian forces ambush a Russian tank column in Brovary region
https://commoncts.blogspot.com/2022/03/has-battle-of-kyiv-already-began-watch.html
US Foreign Aid to Ukraine where money gets laundered and fed back in to US Senator’s consulting firms, etc, etc. etc.
On better news, I heard the Clinton Foundation is reopening. Can’t miss all that free money going in (and right back out) of Ukraine.
Someone has to fill the “consultant” spot left by #WheresHunter.
We are in the middle of this storm and the corrupt Uniparty Congress critters only care about their graft!! I’m just fuming.
https://www.dailymail.co.uk/news/article-10596467/House-PASSES-1-5trillion-government-funding-bill-includes-nearly-14billion-aid-Ukraine.html
The end to inflation……. year over year price increases (as BSN, Bull Sh!t News) will portray and the idiots will lap up, and RINO GOPricks will be more than willing to assist will be early to mid October……and… then Shazam, will pick right back up around mid late November.
The GOP Senators are simply the WORST- they have screwed us over so many times in the last 2 years I’m so exhausted getting angry over it. They didn’t support trump, they kept up the porkbelly spending bills, they didn’t protect our rights with covid mandates or lockdowns, they spent more of our money, the fake outrage then beg for more fundraising, and now still not bringing Fauxi to admit his crimes, admitting we have biolabs in Ukraine and even not defending Poland when Biden tried to trick them into starting WWIII.
There is a fence around them to keep their voters near them or ask any questions. I would rather see McCarthy lose his seat by no one voting for him than seeing him as Speaker.
Given recent history since Ryan gifter thecgavel to Pelosi, and Brandon stole the oval, an argument can be made, that the WORST thing for Democrats, is to actually be “in power”.
A similar objective review of history, show time and again, the Republicans consistently screwing their base.
So, tell me again how I MUST “hold my nose” and vote for the Rino, because witholding my vote for the Rino, is helping the Dem to get elected, and “the Dem is WORSE!”
I WILL NOT cast my vote, for a RINO, as I see no advantage in participating actively in slitting my throat.
Unless we break the stranglehold of control the Rinos have over the GOP/RNC, which robs us of any political voice, there is no way forward, even with PDJT back in the Oval.
IF we are finally able to accomplish this difficult task, at local, State and Federal level,…ALL is possible.
While he might like to take credit for it, Lyin’ Ryan didn’t give her the seat. The DIMs stole it in 2018. It was their prelude to 2020.
the WORST thing for Democrats, is to actually be “in power”
Yeah, but looks like Republicans are beating them at that game
The anger goes away when you officially come to grips with the FACT that there are no republicans. We got tricked over and over and over again. What we have is one party, full of commies. It’s just that the reps feel like they still have a substantial portion of the population hoodwinked so they are keeping up their guise.
DON’T be one of the people that falls for their BS. Once you let that go, it makes you focus your anger on areas that truly need it. Such as thinking of a way to help fix the republic rather than thinking of how angry you are at those you thought should be helping to fix the republic. The latter is a complete waste of time.
As I said to a friend today, if the republican party had been made up of actual republicans the last 34 years, the Dems would have never come back to power again. It’s that simple. And the reason I know this is, Reagan won every single state except Minnesota. EVERY STATE. That’s because the country got to see what it was like to be led by and actual republican.
Fast forward to Donald Trump, Trump won EVERY SINGLE STATE IN THE UNION. So much so that they had to create 25 million FAKE votes to over come him. And even in doing so, Trump shattered the all time vote record by nearly 7 million votes!!!
It’s a FACT that when America is run by actual conservative laws and values, the American people of all races and creeds, love it. And THAT is what the left fears so much. We just need to take back things starting at the foundational level and work our way up. We just saw how being President is not enough to take everything back. He was held down in epic fashion by the tentacles of the bureaucracy. If we take things back bottom to top, we will push the bureaucracy right out of the equation.
But the fear now is, they are going for the voting system. If they achieve that on a permit scale, then America is officially lost for good. From what I can tell, their system only works on a limited and calculated basis at this point. We MUST change things quickly to keep them from perfecting it.
bshaw, my job keeps me so behind the comment curve, I suspect nobody ever sees my infrequent posts. But you are 100% on-target. We, each of us, as citizens of our most local political units, have got to get involved. Find your spot. Poll watcher, poll clerk, school board, magistrate/councilman… ANYTHING. Let’s go Minutemen!
This has been my cry for years now. There is no America that we keep rhapsodizing over. The so-called Republican firewall is firewood. Democracy at its best is a contest of the professionally deceptive.
McConnell is a viper. I save a lot of my anger for him in particular and his main henchmen- Thune, Barrasso, Rhona McDaniel, McCarthy. All snake oil salesmen with schemes and graft and splitter strategies blocking us at every turn.
Fraudci is MIA.
BOHICA.
Ha, old eyes had to hit the urban dictionary for that one 😀
Powell is so far behind the curve, he will never bring down inflation with interest rate hikes which are the only way to lower inflation. He is owned by the WEF. Ex Blackrock analyst on war room says deep recession in 3rd. qtr. He states that assets have been inflationary, commodities have not been. That is now changing. Assets will be falling in value and commodities will start increasing in price. So, we will have even higher inflation, and one hell of a recession. No one wants to use the big D word, but it could happen. I cashed out of the stock market in Jan. Took my profits and sleep well at night.
Sounds like a plan! I watched Edward Dowd too- he’s interesting to listen to. The stock market correction is going to be brutal.
I’ve been expecting a crash for a long time. I’m no longer sure one is coming. Inflation is so bad that isn’t it possible the market is already correcting itself by simply not rising?
I don’t profess to be a market expert Tess, but I think 4sure is referring to this clip on Warroom. You can follow Edward Dowd on GETTR. He is also following the insurance company release on adverse events with the jabs and how that can hurt Big Pharma stock.
https://gettr.com/post/pzazzzb26e
See info from Jeremy Grantham….sorry, don’t have a link.
The crash is coming…..and, for you elders (like me) out there, it is important to
remember this:
The stock market crash of 1929- market did not come fully back until 1954
The stock market crash of 2000 – took 13 years to come back
Japan’s crash in the 1989 has not fully come back yet
Sundance, you need to change the graphic to Election Day as the starting point. The day he was elected, all the investors, traders and speculators ALL knew that prices were going up. The indicators started moving the next day.
The graph was flat until about a week after Election day.
I was noticing that too…the actual trend line in the run-up to the election was on the decline. Indicating a Trump win and continuation of the energy polices of his administration?? 🤔🤔🤔. Come Election Day in that chart is when it reversed course and put us on the current trajectory…
And be mindful, for prices to get back to where we were just 2 years ago, we would have to have technically, deflation and you know the politicians will cry about that. No matter where this stops, those prices are there for good.
Watching Psaki now is testing my ability to not destroy my new tv. Breathe…
clearly prices won’t ever come down.
so what is end game?
I give up. Economic collapse, followed by the death of 90% of the country within two months, due to starvation and rioting?
There is an upside, but it is not a rosy picture upside. When the SHTF, the most severely affected will be the Democrat encalves in the cities and urban areas. They will be destroying each other. The ones that survive will be the most battle hardened and tough, but there won’t be as many of them.
That is the hopeful scenario. You really don’t want to consider the worst case.
The ghetto rats will expand to the suburbs. Protect yourself. People in our subdivision
are getting weapons and taking classes to know how to use them and we will have 24 hour
watch stations. We will also share food with each other. Everyone I know is planning on
a vegetable garden.
I am not a bread maker in the traditional sense, but thought I would help our cause by
baking my own bread. Purchased a Cuisinart breadmaker and made my first 1 1/2 lb.
loaf of white bread. I figured out that it cost me $0.75. Just throwing the thought out there!
Gardening, homesteading, all will become necessary to survive what’s coming.
At this point of inevitability, an EMP would be merciful. GOD SAVE AMERICA~
I have vaccilated, back and forth for several months,..
there are those here, including Sundance, saying that everything the Bidenistas behind the Dotard in Chief is doing is all part of a Plan, hence they have an “end game”.
And yet, as they stumble along, they appear like idiots who don’t know what the hell they are doing?
I think they MAY have had a plan, that hinged on installing Hillary in 2016.
Having accomplished “the long march thru the institutions”, which we can recognise they HAVE accomplished, bases on how ALL the institutions, from the Catholic church to boy scouts, woke corporations to public ed, msm, big tech etc. all act as one, they then had to figure out how to SECURE that power, permanently.
2016 election of PDJT destroyed that plan, and they have been scrambling ever since. His election threatened them, threatened to EXPOSE them and ironically their efforts to defend themselves actually effected that exposure.
They DO NOT have the total control they aspire to; if they did you would not be reading these words, or discussing the 2020 election Steal, Insurrection lie, Covid plandemic, Muh Russia Hoax, etc.
Despite their demeanor of projecting confidence that their lies will be accepted as truths, they are losing this war, day by day.
In defending themselves from “Trump”, they willingly disarmed themselves of their greatest weopon, CREDIBILITY, which had been essential in enabling them to make so much progress.
Its “the ball”, and they surrendered it on the 10 yard line, just before they WOULD have scored the winning touch down.
They have been playing Defence ever since, and making forced error after forced error.
The BBB requires tearing it all down, so they can rebuild. I think they WILL succeed in “tearing it all down”, which unfortunately is neccesary, because of their control of institutions.
However, with no credibility, they will have no authority to be at all involved in the Building back.
Dutch, people like you, those here, and I will never let them build back in the manner they have envisioned. We will die before that happens. And if that is my destiny…like Luke Skywalker, I accept it.
I have seen enough to recite the mantra….pray…… prepare…… RESIST the tyranny. Anything we can do to prepare our homes with food and supplies and ammo against WHATEVER may or may not occur…..is a win in my book.
There is no “building back”…..more like a bomb it/total collapse/ beg the government to save us=take the Mark of the Beast situation IMHO. We are in dire straits my friends.
Politicians making billions off tax payer funded clean energy schemes.
Well, I will say, she can spew BS without missing a beat.
Doocy is the only journalist in that room. The rest are soy boys and breathers who are still trying to figure out what sex they are. Or, what species.
These people are groomed to lie. Half of them are lawyers and the other half are trained by lawyers.
She didn’t deny it! So I guess they are and the State run corrupt leftist msm will dutifully comply! Now every price increase of every item will be Putin’s fault! So naturally when the Putin ends his invasion when he gets his neutrality for Ukraine and pulls his troops out all the prices will fall!! So it’s all temporary! Who knew?
thanks, was looking for this, only Doocey wants to spar with these lyin sacks o s$$$
Look at the doofus next to him, can’t comprehend that Biden said something different last month.
Off to the gulag with him!
(yes, sarcasm)
A fair and true national election would end it…so yeah, no end in sight.
https://www.powerlineblog.com/archives/2022/03/oil-dont-look-now-but.php
81 million people voted for this, sure. Each one should be embarrassed beyond ever voting again.
Not that I believe Biden received 81 million votes. Not that I believe voting would matter in the future.
They will continue lying to our face, and most likely laughing at us behind closed doors.
Spit.
No end in sight is an understatement. The communist progressives are driving the runaway train, they are shoveling coal into the furnace as fast as they can, enjoying every moment of it. They have their hands firmly on the wheels of power now and their plan to deal a catastrophic crash of the US economy. Its coming much faster than we all ever expected.
LIES!!! They would never use coal!! That’s aborted baby fetuses they are using…
Sorry for the horrible mental image. But I feel like we are at the point where people need to mentally see/grasp the level of evil we are up against.
HaHaHa bshaw! So funny but so sad at the same time. It didn’t escape me, the irony of the progs using coal, which they supposedly despise. But make no mistake, if it can further their cause, they’ll use nuclear war if it helps them achieve their insane goals. They pretty much control all the levers now, the executive, the judicial, the legislative, the press, and the woke military. They will inflict maximum damage unless we rise up and stop them.
Planned Murderhood 2015 and their leader laughing about using aborted babies in research and making a gazillion dollars from it…..buying her a new Lamb0.
WAKE THE F UP AMERICA!!
It’s a runaway train, barreling towards us at warp speed. How anyone cannot see this is beyond me. GOD SAVE AMERICA!~
How many people will believe the BS that this inflation is caused by the Ukraine war and not due to the fake president’s failed economic policies???
God help us.
More than we could ever imagine.
Saw a couple being interviewed at a gas station a couple nights ago. They want to pay more to save Ukraine. 80% believe Ginger Goebbels.
People like that don’t deserve to live.
Hey Joe, can I borrow a hundred million reichsmarks I need a qt of milk. Thanks
” The Smell of the Weimar Republic is in the Air “ – Gore Vidal (1996)
This is all Russian disinformation. All this conspicuous talk about prices going up.
There is no inflation. Gas prices are the lowest they have been since Volodymyr Zelenskyy single handily defeated the Mexican and Russian Armies at the Alamo. . It only cost $12.99 to feed a family of 6 with 2 dogs and 4 cats for a month. We should all be thanking God for our wonderful President Joe Biden.
When does psaki not lie like the carpet? The larger question is that can we survive another almost 3 years of these imbeciles running the government. Even if the republican party does take control of the house and senate, the administration can still inflict plenty of damage on the country.
✅️MAGA Primary Candidates matter.
💯Stolen elections matter.
☠️Maybe there will be a declaration of War or National Emergency and all Ballots 🗳 will be via mail
No we can’t as they are intentionally destroying America.
Inflation is meaningless when you are in the reeducation camp.
I’m kinda interested to see what TPTB will do when there’s either none of us left to screw or no more that they can take from whoever of us is left…
…what will TPTB do with themselves and their quadrillions then??
Jesus has already won the battle and conquered death and Hades, praise God!
The starvation will continue until attitudes improve.
Recession in Q3.
Don’t forget Q1, Q2, Q4. OH and 2021 Q3 & Q4. We’ve been in a recession since last summer.
I agree, but I’m referring to one even the knuckleheads can’t ignore and will acknowledge.
Subject is inflation and DH Liesman starts yapping about Russia. Liesman is a tool and a hack.
His name says it all lies man.
Sundance, as per usual, you have done a solid job here– on the demand side.
WHERE DO WE STAND ON THE SUPPLY SIDE?
A tweet from Keith Wilson, lawyer for the Freedom Convoy, retweeting a thank you to GiveSendGo for all they have done on behalf of the Canadian Trucker Convoy:
Bjdichter is putting out a periodic newsletter starting March 16 titled “honking for freedom.” You can subscribe by scrolling down his twitter feed, clicking on the tweet that links to the Freedom Convoys final press release, and the subscription area is at the bottom of that final press release.
J6, Canadian style.
The dumb M F…er broke the economy on purpose.
In my neck of the woods automobile prices are going up. Supply is already low. Mechanics are outrageous because car parts are going up and harder to come by. I don’t think that sector will be loosening. Anyone else see the same?
Not only are car parts going up, they are of lesser quality. I recently had to put a new alternator in my van. The first two flat out didn’t work, I began to think maybe I had other problems but went ahead and got a third one from a different store and it’s been working just fine.
In my best Jan Brady voice…Russia, Russia, Russia
Further erode Biden’s popularity…he has never had any popularity. That’s why they had to chat to get him into office.
Reuters said this will ‘further erode Biden’s popularity’. Seriously? Is there really one moron left in the US that thinks this senile puppet is doing a good job??
Jill, because of the perks.
I am a child of the Cold War. I find myself realizing that this country is now the one w were told Russia was so bad for being. Maybe worse.
We’re worse because of all our sanctimonious virtue signaling.
We’re worse because of the child sacrifices and purposeful destruction of righteousness.
In the report, unadjusted Jan to Feb data on used cars and trucks shows +0.8%, but seasonal adjusted shows -0.2%. Feb21 to feb22 unadjusted is +41.2%!
I understand seasonally adjusted prices on some items, but I don’t see why seasonal adjustments would apply to used vehicles?
It makes sense to me that new cars would start going down in price but seems like used prices would start going up? People still need cars so I would think that would increase demand for the less expensive used versions, driving prices up.
So intuitively the unadjusted makes sense to me, which makes me suspect the seasonal adjustment is government screwing with the data.
Planning on doing some cosmetic work and reselling my daughter’s college car after she graduates in May so I’m interested in what’s happening with pricing here.
When the BLS says “seasonal adjustments” what they mean is weighting on the sub-categories changed to smooth out the importance.
FJB!
Gasoline vouchers worth $300 a month? Some economists back new government aid as prices at the pump soar https://www.marketwatch.com/story/gasoline-vouchers-worth-300-a-month-some-economists-back-new-government-aid-as-prices-at-pump-soar-11646855782
One irony in this is that if we buy from Venezuela, we will be buying from at least one Russian-owned company, Rosneft – owned directly by the Russian government and the largest oil company in Venezuela. If Putin says no, then the price of oil will probably continue to go up.
I can’t help thinking that these evil people are destroying the US intentionally without realizing the full consequences of what they are doing.
“It is about sending a message — a shock wave of deterrence — so future Americans, whether misled by a lying demagogue or rightfully concerned about the loss of their rights, never again assault the institutions of government.” -James Comey on Jan 6th prosecutions
http://thewashingtonpost.newspaperdirect.com/epaper/iphone/homepage.aspx#_article016ae271-303d-4c74-b4cf-76f3e9a55141
Here are some more graphs to use to show exactly how bad this Biden crapstorm is going to be to your liberal friends (if you even get to the visuals part of your discussion):
https://www.powerlineblog.com/archives/2022/03/the-geek-in-pictures-inflated-edition.php
FJB!!
I shared this on another thread to a post a great Treeper Dutchman shared…but it’s relevant here and currently, my anger and my feelings are running rampant… I hate these fricking people….so I apologize for my dump…but the anger I feel, it grows…..it grows so much…not anger that will make me act irrationally but anger that strengthens my resolve and anger….that these elites can never comprehend…its the anger our Fore-Fathers knew would be there to keep us free:
I come from nothing. Literally, growing up outside Youngstown Ohio. Born in 78. I saw the decline. I saw so many in my family lose work- my G-parents. My uncles. My dad. The mills going away. Dilapidated buildings. The eyesores on the Mahoning River. Divorce that resulted from job loss. My dad scrambling to find more work. And this all before I was old enough to know exactly what I was watching. My one grandpa dying from cancer as a result of WW2 contagions. My other grandpa scrambled to keep his family afloat- he was a machinist, welder, steel guy, as was my dad. Work just literally disappeared. I know many know what I speak of. I know many my age who watched the same. I hate these people-J. Biden was involved then as he is now.
My mom found meth, pills, coke, heroin, I think prostitution but I was young, I thought it was boyfriends but now I look back, she was a whore. A drug-addicted abusive whore.
She beat the hell out of us. My dad was oblivious due to divorce and always trying to work. Always working, working for so little. I had to steal food…. I have so much guilt to this day because I would steal food, and then eat it so fast only sharing the scraps with my younger brother and sister….I was the one who stole it, and I was only ten. I’ve seen it all. All because of these fricking pricks.
Anyways, I’m sorry for that….it’s just that these people, these elites, despite me doing very well for myself now (hard work pays off….it pays off more than anyone knows- you wont’ be rich but you will never rely on others to provide for you) push my buttons. They have no clue how much I hate them….I hate them so much. Because of my hard work- my kids only slightly understand why I’m so passionate. The good thing- they see their grandpa, where he lives, where I come from…..my mom- she died long ago and she died lonely as only one can after falling victim to drugs and the rust belt, thus alienating those she loves.
I do apologize…..I just get so angry…..so I can’t even explain it….and that is why I will die standing. Fudge these people and their lies.
There are more of us than them….again I apologize. I don’t know why I just unloaded…it’s just that over the last two years…..it’s become way more personal for me.
And these people, via their policies, are trying to take from me the things I worked so hard to escape from…..they don’t know what they are unleashing…..they don’t have a clue.
And, thanks to CTH and people like Bryce Mitchell speaking out… I know I will not be alone. Again, I am so sorry for the dump…I have wet eyes as I type… and if this makes me a weak man so fricking be it….I’ll stand toe to toe and show you that my wet eyes have you led you astray.
I’m sorry for may rant….I just….it, just……only those who have seen what I seen, experienced what I experience get it, like I get it. I’d take one of those elites out (and their crap offspring) in blink of an eye, if it came down to it. It’s not that time….but if you know what I mean…you get what I say.
I feel your pain. Look to God if you can. Ask him to help make you strong. Tougher times ahead.
Amjean, please don’t take my words as weakness. Pain, yes. Weakness…far from it. Far far from it. Like Bryce said on Tucker’s show…I’ll fricking dig my heels in and take out as many as I can before I go down. And darn it, I’ll die standing. Standing strong. Standing without wavering one damn inch. And proud- that’s something they can never touch.. They can’t take from me what I have….because what I have is deep, deep…..it’s not superficial, it’s personal. And it’s tied to family. You can’t take that away…you can’t. No matter how hard they try.
Unprecedented? People who say that were obviously not around during the 1970’s. We are repeating that decade, starring Donald Trump as Richard Nixon and Joseph Biden as Jimmy Carter.
Please don’t insult President Trump by comparing him with Nixon. It was Nixon and Henry the K.’s overtures to China that put us on the road to collapse.
Yes, but its going to be much worse.
All the cost increases have yet to impact the coming increases in cost all throughout the supply chains. It’s going to come in a big way. YOU SEEN NOTHING YET!
How long before the MSM starts calling for Biden to go? Can he make through the summer? There is a lot ice cream to eat plus naps are longer and more frequent during those balmy dog days. Let’s anoint the queen and I bet she has Hillary as VP. The stage is set for act 2 and the grand finale!
Our only hope is that the liberals start screaming like banshees!
My home heating gas bill doubled during the month of February 2022 compared to Feb. 2021.
And to add insult to injury, NICOR keeps announcing that they are donating hundreds of thousands
of dollars to various charity groups.
Amjean, I did the same comparison this month with Nicor and my bill also doubled comparing it to last February. To make matters worse my city bill which includes electric also doubled. With the increased cost of gasoline and my disposable income declined by $400.00 in February for just the above.
Two recent stories, heard second hand, take it as you will.
I kid you not. True stories and it makes me furious. There’s no reason on God’s green earth to manufacture food shortages and massive inflation. None. Zip. Nada. Unless, they want you dead. There is no other conclusion y’all. Has nothing to do with Russia Russia Russia. It is intentional and Satanic.
I suspect hoarding. Cat food has been scarce long enough that when people see it, they are going to grab a lotof it out of love and concern for their cats.
If I had to sort the tails from the wags from the dogs…
‘Russian aggression’ gets you more inflation which gets you economic cessation which gets you neofeudalism.
tails… wags… dogs… that’s just good prose
I note that The Manchurian Marionette intends to control crypto-currencies via executive order…
…even though the Constitution clearly states in Article I Section 8 that such power is delegated to the Congress!
“Is anybody there? Does anybody care?”
Truly the Constitution today is simply an old piece of paper, completely ignored or even spat upon by DEMS in favor of immoral and illegal dictatorial ukases.
And the main people who should be leading the charge against them to keep the Constitution alive – the press and the Republicans – do nothing, because they support dictatorial powers for The Globalist Deep State.
And so…what must be done?
Welcome to Weimar Amerika!
History shows that things did not end well for Germany even after hyperinflation had abated: the damage had been done!
The documentary on Weimar where they show the selling of babies, kids, pregnant women, amputees. Pretty much all the Germans were being prostituted to the visitors that came from all over the world.
Hitler didn’t just happen – the degradation and starvation of the German people happened.