Unchained Preppers
General Category => News & Politics => Topic started by: JohnyMac on April 10, 2024, 11:46:00 AM
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"US consumer prices picked up again last month, vaulting to a 3.5% increase for the 12 months ended in March, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics.
That's up considerably from February?s 3.2% rate and marks the highest annual gain in the past six months. Friday's report further highlights that the path to lower inflation remains extremely bumpy, and continue to be a drag on Americans, hard-earned finances, and that any loosening of monetary policy might not happen soon." - CNN (https://www.cnn.com/2024/04/10/economy/cpi-consumer-price-index-inflation-march/index.html)
Remember that inflation is a tax. Also, .gov is spending $1,000,000,000,000,000 ($1T) every 100 days. We are not walking to the abyss, we are running.
:popcorn:
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"US consumer prices picked up again last month, vaulting to a 3.5% increase for the 12 months ended in March, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics.
That's up considerably from February?s 3.2% rate and marks the highest annual gain in the past six months. Friday's report further highlights that the path to lower inflation remains extremely bumpy, and continue to be a drag on Americans, hard-earned finances, and that any loosening of monetary policy might not happen soon." - CNN (https://www.cnn.com/2024/04/10/economy/cpi-consumer-price-index-inflation-march/index.html)
Remember that inflation is a tax. Also, .gov is spending $1,000,000,000,000,000 ($1T) every 100 days. We are not walking to the abyss, we are running.
:popcorn:
We passed the stage of running and have gone over the edge into a freefall