How high is the real inflation rate ?

[the annoying thing]

We know that real-world inflation is somewhere between 9-12%, depending on which Federal Reserve methodology is used to calculate it. Either way, it’s quite high. That’s right, we can get a closer look at the realities of inflation using methods developed and employed by the Federal Reserve itself.

In some areas inflation is much higher , and it hurts the low income more then anyone.

 

[the annoying thing]

Amazing how blow hole biden said it was zero percent lol .

 

[pjmret]

OMG it was, in fact, zero percent in the month of july.

my god i've gone over this with you so many times. lol.

on average prices were constant in july. zero inflation in that month.

when you say "9 to 12 percent" you're talking about ANNUAL inflation.

biden was talking about MONTHLY iflation.

you make rocks look intelligent

 

[mark francis]

OMG it was, in fact, zero percent in the month of july.

my god i've gone over this with you so many times. lol.

on average prices were constant in july. zero inflation in that month.

when you say "9 to 12 percent" you're talking about ANNUAL inflation.

biden was talking about MONTHLY iflation.

you make rocks look intelligent

How much more are you paying at the pump since Biden took office? What about groceries? Has your life improved since Biden? Only if you work for the government and support the leftist agenda, possibly.

 

[Boris Norris]

How much more are you paying at the pump since Biden took office? What about groceries? Has your life improved since Biden? Only if you work for the government and support the leftist agenda, possibly.

You name me one price increase with evidence that Biden was responsible for.

Be very careful with your reply. I'm good at this.

 

[mark francis]

You name me one price increase with evidence that Biden was responsible for.

Be very careful with your reply. I'm good at this.

I see. When business picked up under Obama he got the credit., but when inflation soars under Biden someone else gets the blame.

 

[Boris Norris]

I see. When business picked up under Obama he got the credit., but when inflation soars under Biden someone else gets the blame.

Not one govt in Western society orchestrated inflation. It us world wide. You know nothing about how an economy works and with your current ignorance, you never will.

But the irony is, when gas went up you all blamed Biden. Its now coming down and he doesn't get any credit from you?? Why is that?
You hypocrite.

 

[pjmret]

How much more are you paying at the pump since Biden took office? What about groceries? Has your life improved since Biden? Only if you work for the government and support the leftist agenda, possibly.

again, my point was that IN JULY, the inflation rate, on average, was zero. some prices went up, some went down. on average..zero. duh

try to pay attention, you won't look as stupid here.

 

[mark francis]

Not one govt in Western society orchestrated inflation. It us world wide. You know nothing about how an economy works and with your current ignorance, you never will.

But the irony is, when gas went up you all blamed Biden. Its now coming down and he doesn't get any credit from you?? Why is that?
You hypocrite.

Gas prices went up $2/gal and then came back down $.10/gal and democrats are giddy with praise for their great socialist leader who stole the election by fraud.

 

[mark francis]

again, my point was that IN JULY, the inflation rate, on average, was zero. some prices went up, some went down. on average..zero. duh

try to pay attention, you won't look as stupid here.

I'm just stupid enough to believe that massive unsustainable deficit spending drives up inflation like a rocket and Biden and his crooked pals are spending money like crazy for unsound and immoral political and selfish personal reasons at the tragic expense of the American taxpayer.

 

[Boris Norris]

Gas prices went up $2/gal and then came back down $.10/gal and democrats are giddy with praise for their great socialist leader who stole the election by fraud.

Thats a lie and you know it.
You blamed Biden for the rise but refuse to acknowledge his assistance for the fall. You hypocrite.

 

[mark francis]

Thats a lie and you know it.
You blamed Biden for the rise but refuse to acknowledge his assistance for the fall. You hypocrite.

Biden not only shut down oil-producing operations but also sold American oil to China. The man may have personal reasons for harming Americans but he is a traitor for doing so.

 

[pjmret]

How much more are you paying at the pump since Biden took office? What about groceries? Has your life improved since Biden? Only if you work for the government and support the leftist agenda, possibly.

i agree, i think we should have a continued global pandemic killing millions of year which will reduce demand for gas like what happened under tr

Gas prices went up $2/gal and then came back down $.10/gal and democrats are giddy with praise for their great socialist leader who stole the election by fraud.

they only came back 10 cents? uh, no. lol

you must enjoy looking stupid

 

[pjmret]

Biden not only shut down oil-producing operations but also sold American oil to China. The man may have personal reasons for harming Americans but he is a traitor for doing so.

when trump was president no oil was sold to china? lol

 

[mark francis]

when trump was president no oil was sold to china? lol

During Trump's presidency, no oil was sold to China during a gasoline shortage or price spike in America.