Wednesday, July 13, 2022

"Economic Crash is Here - Horrific Inflation Report"

Full screen recommended.
Dan, iAllegedly 7/13/22:
"Economic Crash is Here - Horrific Inflation Report"
"The hits just keep on coming. Businesses are failing at a record pace. The inflationary numbers were announced, and they were considerably higher than they anticipated. Refinances on mortgages are off 80% from where they were a year ago."
Comments here:
"Inflation Flash (July 13): The Official Lie: June 2022 Annual headline CPI Inflation jumped to 41-year high of 9.1%, up from 8.6% in May, while the June 2022 Annual ShadowStats Alternate “Corrected” CPI Inflation jumped to a new 75-Year high of 17.3%, from 16.8% in May, on top of resurgent energy prices."
"Inflation in June soared 9.1 percent higher than last year, hitting a new peak amid rising gas prices. The Bureau of Labor Statistics inflation report for June reveals how American households and businesses continue to feel the weight of higher prices for housing, food and energy."
- Washington Post
"Inflation hits 9.1%, highest and fastest increase in 40 years. Below is a chart of the Consumer Price Index (CPI) from 2015 to 2022. If this doesn’t shock you, I don’t know what will.
Click image for larger size.
The scary thing is that food shortages are coming. Energy shortages have only just begun. Energy costs have increased 40%. - particularly fuel. They are trying not to have gas and diesel shortages - by making energy prices unaffordable for the average American. The consequences of ESG scores, WEF carbon policies, domestic oil policy and the Ukrainian war are flushing our economy down the toilet. Furthermore, when transport prices go up that much, more inflation is sure to follow. Hang on folks, we are not even close to being out of the woods."
Lies, lies and more lies from the Govt. Only truth there is 
"feel the weight of higher prices for housing, food and energy."
And just how are you doing, Good Citizen?

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