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| Economy |
| Another Awful Inflation Report |
| 2021-12-10 |
| [BLS.gov] CPI for all items rises 0.8% in November; gas, food, shelter, vehicle indexes all rise 12/10/2021 In November, the Consumer Price Index for All Urban Consumers rose 0.8 percent on a seasonally adjusted basis; rising 6.8 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.5 percent in November (SA); up 4.9 percent over the year (NSA). year over year, energy prices are up 35% |
| Posted by:Lord Garth |
| #5 I read somewhere that if the federal government had to pay as little as 5 percent on the recurring T-bill Ponzi scheme, the debt service alone would require the entire defense budget to cover the debt service. Weimar, here we come... |
| Posted by: NoMoreBS 2021-12-10 12:15 |
| #4 = Stagflation. Seen dis movie before. The only way to end it is with Volckerism i.e. financial equivalent of a triple root-canal |
| Posted by: Merrick Ferret 2021-12-10 12:09 |
| #3 Really. I'm seeing Furniture and Appliances in the 10-15% increase on 2022 price listings. |
| Posted by: swksvolFF 2021-12-10 12:08 |
| #2 The Fed is now caught in a no win situation. To choke inflation, you have to raise interest rates, but if you raise interest rates federal bonds have to follow thus exploding the national debt faster than the Donks can raise it. |
| Posted by: Procopius2k 2021-12-10 11:50 |
| #1 Let's go Brandon! |
| Posted by: DarthVader 2021-12-10 10:26 |