Unchained Preppers

General Category => News & Politics => Topic started by: JohnyMac on March 10, 2022, 10:21:21 AM

Title: February CPI 7.9%
Post by: JohnyMac on March 10, 2022, 10:21:21 AM

The February CPI came out at 0830 hrs eastern this morning and it looks like inflation in February came in at 7.9% year over year. Can you imagine what March's CPI will be after 'go juice' prices topped $4.00 a gallon for petrol and $5.00 for diesel. Probably north of 8.5%.

https://www.businessinsider.com/inflation-cpi-price-growth-gas-prices-february-2022-3?op=1 (https://www.businessinsider.com/inflation-cpi-price-growth-gas-prices-february-2022-3?op=1)

Title: Re: February CPI 7.9%
Post by: FeedingFreedom on March 10, 2022, 12:05:57 PM

I love Shadowstats, pricey to subscribe but some interesting numbers to play with. By 1990 calculations, it's around 12%, by the pre-1980 calculations, it's around 16% now. When it was high in the late 70's and early 80's, interest rates were jacked sky-high to cool things off. They won't touch them in any substantive way now, people panic if the Fed criminals even talk about raising the prime a couple tenths of a percent.

Shadowstats Inflation: http://www.shadowstats.com/alternate_data/inflation-charts (http://www.shadowstats.com/alternate_data/inflation-charts)

Title: Re: February CPI 7.9%
Post by: JohnyMac on March 10, 2022, 01:25:46 PM

Thanks for sharing that FF.  :cheers: