And Just Like That, Inflation Is About To Disappear?

10 Dec 2021 17:24 #1 by ramage
In any case, what we though this summer was just a joke appears to be coming true, because as the BLS has reported, starting next month it will adjust the weights for its Consumer Price Index basket, which will be calculated "based on consumer expenditure data from 2019-2020." Alas, there is no further detail on this critical topic, although we will take any bet that post-revision reported inflation will drop because, well, "adjustments."

www.zerohedge.com/markets/and-just-inflation-about-disappear

You might find it interesting that Slo Joe stated that the increase in used car prices is due to Covid.

Please Log in or Create an account to join the conversation.

10 Dec 2021 19:02 #2 by Rick
This recent push to tell fairytales in order to help Democrats isn't surprising but it does tell me how desperate they are getting. Jim Cramer has to be one of the worst if you've heard that dumbass's latest BS. "best economy ever" LOL

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

Please Log in or Create an account to join the conversation.

Time to create page: 0.124 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+