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Author
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Topic: Bidenflation 9.7%
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jwhop
Knowflake Posts: 17163
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted January 13, 2022 11:55 PM
  
Hey democrats, do you even know what that means?Bidenflation: Producer Price Index Jumps a Full Year Record High 9.7%
John Carney
13 Jan 2022 Businesses saw the prices of goods they sell rise a record 9.7 percent in 2021, the fastest full-year increase in prices in records going back to 2010....... http://www.breitbart.com/economy/2022/01/13/bidenflation-producer-price-index-jumps-a-record-high-9-7/ IP: Logged |
Randall
Webmaster Posts: 152528
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted January 15, 2022 11:02 AM
The average worker has lost two paychecks in 2021, and it is going to get much worse this year.IP: Logged |
jwhop
Knowflake Posts: 17163
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted January 15, 2022 01:42 PM
quote:
Originally posted by Randall:
The average worker has lost two paychecks in 2021, and it is going to get much worse this year.
Yeah, Bidenflation is 7%, the highest rate in 40 years. That means your savings and paycheck dollars only have 93% of the purchasing power they had in 2020 and you're going backwards financially as your savings and paychecks lost 7% of their purchasing power...in a period of rapidly rising prices for everything. Thanks Joe Blow Biden. IP: Logged |
Lindaland
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