Economic Wake up Call!

[SlugSlinger]

We're up to 5.4% "official" inflation ending June 2021.

The June 2021 column is the change from May 2021. The far right column is the 12 month change.

https://www.bls.gov/news.release/cpi.nr0.htm

 

[trekrok]

We're up to 5.4% "official" inflation ending June 2021.

The June 2021 column is the change from May 2021. The far right column is the 12 month change.

View attachment 213457

https://www.bls.gov/news.release/cpi.nr0.htm

Food at home sure feels like more than a 0.9% change in the last year to me.

 

[HoLeChit]

Food at home sure feels like more than a 0.9% change in the last year to me.

Well, I don’t pay super close attention to my grocery prices, but I do know that pork has more than doubled in the past few months.

 

[Oklahomabassin]

I am reading analyst expecting there will be $200 a barrel oil by the end of the year. When you have multiple analyst saying the same thing, it just seems to happen. Imagine the impact of $200 a barrel oil on everything you buy.

You want a wake up call? Listen to this guy. You’ve got a lot of people with their head in the sand. Like the media and the president. But if you’ve studied economics or history, you will see the indications of the destruction of our economy. If you include energy and food in the inflation numbers, that the .gov thinks is a good idea to leave out, we are at 26% annual inflation. This is going to cripple those on a fixed income.

Maybe he meant end of year 2022.

 

[filbert]

Got $20?

View attachment 208619 View attachment 208620 View attachment 208621 View attachment 208622

It ran 40 years ago. Needs new gas line and pull rope. Probably carb clean and gaskets.

LOL, you know it might be a fun project.