Unchained Preppers

General Category => News & Politics => Topic started by: JohnyMac on August 10, 2022, 10:13:09 AM

Title: July CPI 8.5%
Post by: JohnyMac on August 10, 2022, 10:13:09 AM

The July CPI just came out and it was 8.5% year over year. July 2021, the CPI was 5.4%. So in essence, we have seen a 13.9% inflation rate over a two year period since 2020.

By the way, the CPI in July 2020 was 1.0%.

Title: Re: July CPI 8.5%
Post by: Jackalope on August 10, 2022, 10:58:30 AM

But...but...but...Lyin' Biden says there's no inflation and no recession.  Depression...here we come!

Title: Re: July CPI 8.5%
Post by: JohnyMac on August 10, 2022, 11:41:51 AM

PPOTUS just announced that we have zero inflation.

https://www.realclearpolitics.com/video/2022/08/10/president_biden_zero_inflation_rate_means_that_some_things_went_up_in_price_others_went_down.html (https://www.realclearpolitics.com/video/2022/08/10/president_biden_zero_inflation_rate_means_that_some_things_went_up_in_price_others_went_down.html)