Consumer prices spiked at their fastest pace in more than 30 years last month, the Labor Department reported Wednesday.
The consumer price index increased 6.2 percent from a year ago, according to the Department. The rise in the consumer price index — a measure of the average change over time in the prices paid by consumers for products including gasoline, health care, groceries and rents — came in above the Dow Jones estimate of 5.9 percent.
Meanwhile, the index jumped 0.9 percent on a monthly basis, also higher than the 0.6 percent estimate.
The supply chain is going from free market Americans buying food and supplies to NGO’s buying all the food and supplies for illegals… ppl think is 1.8 million, I say it’s millions more
When NGOs go to the supply chain and say I need to buy this amount of food and supplies they can jack the prices up. So if the prices go up for them it’s going to go up for us.
What’s ignored in the supply chain discussion is sales of goods and services.
This is proof positive that there is to much money in the system.
The government ignores they are the reason for the excess cash.
Moratorium on paying rent.
Additional UE cash, 600 a wk, 400 a week, 300 a week.
Child care cash, 300 a month per child.
Supply and demand says we are short on goods and that spikes inflation we see today. Normally the Fed would raise interest rates, think about it, the money for kids is still in place so raising interest rates would calm the economy however the additional money is still there demanding it be spent.
Is the supply chain broken or are more goods pouring into the country to absorb the excess cash in the system?
Let’s review the democrats created hoaxes, created crises and lies:
Russia Russia Russia
Energy shortage / dependent once again
Covid
Supply chain
Afghanistan
Inflation
Highest income tax in world ( build back better)
8 woke military
Shutting down more pipe lines in winter mid west
10 Gun violence in cities
11 riots in cities all 2019 and 2020
12 Jan 6 th capital breach
13 impeachment number 1
14 impeachment number 2
15 military fence sound capital
16 vaccine mandates airlines
17 vaccine mandates nurses and doctors
18 Vaccine mandates police and fire
19 vaccine mandates for TSA
20 vaccine mandates for military
No vaccine mandates for Congress or their staff
Open borders
23 CRT in schools
Rhittenhouse trail
25 political prisoners in DC
26 Labeling moms and Dads terroriist at school boards
27 stolen governors race NJ
28 stolen presidential election
29 Supreme Court confirmation hearings
30 Hunters laptop and Biden’s CCP and Ukraine bribes
31 project Veritas raids and war on free speech
Censorship f free speech by big tech
33 coming soon hyper inflation
34 coming sound another market crash
35 coming soon terrorist attack
The list goes on and on! Just look at all this unnecessary crap they put everyone through!!!
THE ENEMY OF THE USA CONSTITUTION AND AMERICAN PEOPLE ARE THE DEMOCRATS AND RINO REPUBLICANS ALONG WITH CORPORATE MSM!