Inflation 2.0

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L.C.

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In case you missed it.
Inflation just hit a NEW 40-year high. Overall CPI: +8.6% since last year Gas: +48.7% Fuel Oil: +106.7% Meat, Poultry, & Fish: +13.1% Milk: +15.9% Eggs: +32.2% Coffee: +15.3% Used Cars: +16.1% Airline Fares: +37.8% Real Average Hourly Earnings: -3%
 

cowadle

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In case you missed it.
Inflation just hit a NEW 40-year high. Overall CPI: +8.6% since last year Gas: +48.7% Fuel Oil: +106.7% Meat, Poultry, & Fish: +13.1% Milk: +15.9% Eggs: +32.2% Coffee: +15.3% Used Cars: +16.1% Airline Fares: +37.8% Real Average Hourly Earnings: -3%
except they don't include food or fuel and some other things when they figure inflation
 

cjjtulsa

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I wonder how high prices can go before people stop buying most things.
Going to happen soon, I think. We're going into a deep recession, that some I've heard say could last years - not months. Been gearing up to start paying off debts, in case the old job gets the axe, which I suspect might just happen sometime in 2023, depending on how business/the economy goes next year. I think the Fed has run out of ammo. It's time to take our medicine.
 

cowadle

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just read today of another country dropping the dollar as their reserve and settling in their own currency. brandon called the Saudi the other day and they wouldn't receive his call. this could get very interesting?
 

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