Anyone Afraid Of Inflation?
- Thread starter Wally
- Start date
Lineandinitial
Legio patria nostra
Wally
BrownCafe Innovator & King of Puns
Wholesale prices rose 10.8% in May, near a record annual pace
Wholesale prices rose at a brisk pace in May as inflation pressures mounted on the U.S. economy, the Bureau of Labor Statistics reported.
Darmark7
Retired 2020. Not my Problem Anymore!
No one can argue that Biden is the president of Breaking records.Wholesale prices rose 10.8% in May, near a record annual pace
Wholesale prices rose at a brisk pace in May as inflation pressures mounted on the U.S. economy, the Bureau of Labor Statistics reported.www.cnbc.com
Up In Smoke
Well-Known Member
What is a company's biggest expense?
DriveInDriveOut
Inordinately Right
lulz
Over70irregs
Well-Known Member
The average person has no clue how close to a complete collapse of our financial system and economy we really are.
UnionStrong
Sorry, but I don’t care anymore.
Very close. We’ll be reaching the tipping point soon.
Darmark7
Retired 2020. Not my Problem Anymore!
Mission almost accomplished by whoever is guiding Biden and the establishment. Yet we have dumb Azzes that thinks this guy is trying to do good for America.
Labor?
Build back better. What must happen before you "build back"?
BrownFlush
Woke Racist Reigning Ban King
I guess you totally destroy it like Biden has.
BrownFlush
Woke Racist Reigning Ban King
Record profits means labor is not getting paid enough.
Over70irregs
Well-Known Member
I’m hearing lil ol’ Japan is a canary in the mine. That lil spot is still buying our debt. How much China/Russia buying?
UnionStrong
Sorry, but I don’t care anymore.
Destruction
Up In Smoke
Well-Known Member
Yes, and the average cost of labor is up nearly 23% over the last 25 months. Labor drives most inflationary instability.
Over70irregs
Well-Known Member
Thought it was money supply?
I didn't get a 23% raise in the last 2 years...
Here's what the Fed rate hike means for your salary
American workers have seen their wages climb faster than at any time since the mid-1980s. But high inflation means workers have been handed a pay cut.
www.cnn.com
Over70irregs
Well-Known Member
Powell: "Rapid changes are taking place in the global monetary system that may affect the international role of the dollar."A US central bank digital currency is being examined to "help the US dollar's international standing."
(Prepping for rug pull CBDC= Your it……)
(Prepping for rug pull CBDC= Your it……)
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