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Inflation Hits 9.1 Percent in June, New
40-Year High

Original Article

Posted By: earlybird, 7/13/2022 6:59:46 PM

The U.S. annual inflation rate climbed to 9.1 percent in June, reaching its highest level since November 1981 and topping the market estimate of 8.8 percent and May’s annual rate of 8.6 percent. According to the Bureau of Labor Statistics (BLS), the consumer price index (CPI) rose by 1.3 percent month-over-month. The monthly inflation was also higher than economists’ expectations of 1.1 percent. The core inflation rate, which removes the volatile food and energy sectors, eased to 5.9 percent. But this was higher than the forecast of 5.7 percent. (snip) Food prices soared by 10.4 percent, while the energy index advanced by 41.6 percent.

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Dedicated to those who wanted Real News instead of trivia about Bradley and Huma. Enjoy!

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Reply 1 - Posted by: Rather Read 7/13/2022 7:13:14 PM (No. 1215534)
I think it's higher. Prices for food are out of sight.
6 people like this.

Reply 2 - Posted by: jalo1951 7/13/2022 7:16:36 PM (No. 1215537)
And the FJB Clown Car Administration unleashes their minions to tell us that "gas has gone down, these numbers mean nothing" "don't you stupid people understand anything". Gas has gone down because fewer of us are able to purchase the gas. Thus the price drop. Econ 101, high school level. America is headed for the hell hole abyss and you call us stupid. We don't believe a word you say. We know how bad it is and we know whose fault it is. And you look stupid letting those lies dribble from your lips thinking we will lap it up. FJB
4 people like this.

Reply 3 - Posted by: formerNYer 7/13/2022 7:31:02 PM (No. 1215553)
Don't you know talking about inflation and the coming recession is racist? So stop it right now!
4 people like this.

Reply 4 - Posted by: DVC 7/13/2022 7:56:29 PM (No. 1215573)
Destroying the currency is one way to collapse the economy, a necessary precursor to starving a whole lot of us to death.
3 people like this.

Reply 5 - Posted by: weirdone 7/13/2022 11:49:53 PM (No. 1215699)
The time has come to defund the government. Those of us paying the bills must stand up and take back our country, if it is not already too late. “The best way to destroy the capitalist system is to debauch the currency,” Vladimir Lenin, leader of the 1917 Russian Revolution Today the presses are running 24/7 in order to fund the Government, the money supply has increased by 25% since the first of January, and the dollar, backed by nothing, is falling in value. Can hyperinflation be far behind
2 people like this.

Reply 6 - Posted by: Trigger2 7/14/2022 4:05:22 AM (No. 1215750)
It's definitely higher than 9.1%. Gee, thanks Joey, you incompetent dementia addled fool.
0 people like this.

Reply 7 - Posted by: mifla 7/14/2022 4:34:07 AM (No. 1215756)
Biden simply does not care. Public service has made him rich, he has the title of President, and he gets to ride in AF1, just like Harrison Ford. And he has all the ice cream he wants.
1 person likes this.

Reply 8 - Posted by: F15 Gork 7/14/2022 7:09:26 AM (No. 1215814)
Economists and Brandon have one thing in common....neither are ever right about anything.
0 people like this.

Reply 9 - Posted by: MickTurn 7/14/2022 8:32:48 AM (No. 1215902)
I'm really surprised Joey Brandon isn't bragging about THIS accomplishment! Then when he finds out it's bad he'll say CornPop made me do it.... Get the HOOK, this Moron has done enough damage!
0 people like this.

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