Article

2021-05-16 Economy

Inflation accelerating faster than expected, says Obama economist Lawrence Summers

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Besoeker 2021-05-16 01:04|| || Front Page|| [5 views ] Top

#1 Nobody expected this.

Posted by Bubba Lover of the Faeries8843 2021-05-16 02:27|| 2021-05-16 02:27|| Front Page Top

#2

Bread, milk, eggs, Bacon, can goods, Sugar, Coffee and etc... are all up in Wally World stores.

We have strangely noted that our area Food Loins and IGA supermarkets are actually lower in price, better stocked and have further out Best By Dates expiration dates than Wally World on too many items.

Posted by NN2N1 2021-05-16 09:00|| 2021-05-16 09:00|| Front Page Top

#3

How Strong is the Dollar since the Socialist-Democrats went on a Trillion $$ spending spree? Click and pick a country we buy/import a lot of food and goods from and see the USD$ value to their currency.

Posted by NN2N1 2021-05-16 09:08|| 2021-05-16 09:08|| Front Page Top

#4 I still don't discount "demand inflation" (lumber, for example). Labor costs going up as employers increase wages to attract workers as so many don't want to work courtesy of the USG.

I read somewhere that the weather is accounting for poor crop yields.

Add it all up, and it's just a mess

Posted by Clem 2021-05-16 09:13|| 2021-05-16 09:13|| Front Page Top

#5 Inflation accelerating faster than expected, says Obama economist Lawrence Summers

'Not even our administration could fuck things up this bad and this fast!'

Posted by Raj 2021-05-16 09:33|| 2021-05-16 09:33|| Front Page Top

Now approaching termial velocity. This ride won't last too much longer.

Posted by Besoeker 2021-05-16 09:38|| 2021-05-16 09:38|| Front Page Top

#7 ~~Frodo~~ Entropy lives!

Posted by Skidmark 2021-05-16 22:37|| 2021-05-16 22:37|| Front Page Top

#8 Prob tied to axis wobble climate change.

Posted by Skidmark 2021-05-16 22:38|| 2021-05-16 22:38|| Front Page Top

23:12 JohnQC
22:55 Skidmark
22:50 These Forkbeard7574
22:50 Skidmark
22:45 Skidmark
22:39 Skidmark
22:38 Skidmark
22:37 Skidmark
22:28 Clem
22:26 Clem
22:05 trailing wife
21:32 Unusing Platypus5935
21:23 Blackbeard Barnsmell6454
21:00 Blackbeard Barnsmell6454
20:22 Woodrow
20:21 Woodrow
20:20 Abu Uluque
20:19 Woodrow
18:03 AlmostAnonymous5839
17:52 Ebbomoger Speaking for Boskone4589
17:50 Flang and Company4233
17:38 CrazyFool
17:10 Pliny Shosh7916
16:53 Wren