Bidenflation: Producer prices surge 11.2% from year ago. Biggest Gain on Record!

[The Purge]

The wholesale inflation report came out a day after the Labor Department reported that consumer prices last month jumped 8.5% from a year earlier — fastest annual clip since December 1981.

Producer Prices Surge 11.2% in March on Higher Energy Costs - Breitbart

WASHINGTON (AP) — The surging cost of energy pushed wholesale prices up a record 11.2% last month from a year earlier — another sign that inflationary pressure is widespread in the U.S. economy.

www.breitbart.com

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But ....but....it’s Putin’s fault....and gun owners fault.... and Trump's fault...... and..

 

[Moonglow]

Biden didn't pocket the inflated prices but these pirates did.

US companies posted record profits in 2021, jacking up prices ...​

Corporate pretax profits surged 25% year over year to $2.81 trillion, the Bureau of Economic Analysis said on Wednesday. That's the largest annual increase since 1976, according to the Federal Reserve. When taxes are factored in, last year's corporate profit increases were even more of an outlier.Mar 31, 2022

 

[Moonglow]

The wholesale inflation report came out a day after the Labor Department reported that consumer prices last month jumped 8.5% from a year earlier — fastest annual clip since December 1981.

Producer Prices Surge 11.2% in March on Higher Energy Costs - Breitbart

WASHINGTON (AP) — The surging cost of energy pushed wholesale prices up a record 11.2% last month from a year earlier — another sign that inflationary pressure is widespread in the U.S. economy.

www.breitbart.com

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But ....but....it’s Putin’s fault....and gun owners fault.... and Trump's fault...... and..

Do you always deep throat the corporations?

 

[The Purge]

Do you always deep throat the corporations?

Like you always spread your butt cheeks for any demonRAT!

 

[TroglocratsRdumb]

The Democrats deny that they caused this,.....which is what makes them a crazy cult.

 

[Moonglow]

Like you always spread your butt cheeks for any demonRAT!

I am sure that is your fantasy just like you fantasizing that the president controls prices that the capitalist creates. You fucks don't know shit about capitalism and when given evidence of who is gouging who you return to the state of stupidity and claim we have a communist state.

 

[Moonglow]

The Democrats deny that they caused this,.....which is what makes them a crazy cult.

The corporations are profiting from your ignorance. Prices increased during Trump also because capitalists buy the majority of their inventory from China..

 

[Mac-7]

Biden didn't pocket the inflated prices but these pirates did.

US companies posted record profits in 2021, jacking up prices ...​

Corporate pretax profits surged 25% year over year to $2.81 trillion, the Bureau of Economic Analysis said on Wednesday. That's the largest annual increase since 1976, according to the Federal Reserve. When taxes are factored in, last year's corporate profit increases were even more of an outlier.Mar 31, 2022

Are you demanding that pinheads in washington micromanage the economy through soviet-style wage and price controls?

 

[percysunshine]

Biden didn't pocket the inflated prices but these pirates did.

US companies posted record profits in 2021, jacking up prices ...​

Corporate pretax profits surged 25% year over year to $2.81 trillion, the Bureau of Economic Analysis said on Wednesday. That's the largest annual increase since 1976, according to the Federal Reserve. When taxes are factored in, last year's corporate profit increases were even more of an outlier.Mar 31, 2022

'Year to year' coming out of covid lock downs...logical sequence of numbers.

The real issue is pumping trillions of dollars into an economy when it cannot be used to increase GDP...material production or services.

 

[Moonglow]

'Year to year' coming out of covid lock downs...logical sequence of numbers.

The real issue is pumping trillions of dollars into an economy when it cannot be used to increase GDP...material production or services.

Both parties are guilty of doing that.

 

[Moonglow]

Are you demanding that pinheads in washington micromanage the economy through soviet-style wage and price controls?

Did I mention that anywhere? Nixon tried doing it but it didn't help.

 

[percysunshine]

Both parties are guilty of doing that.

So what?

Let's do more of this?

 

[Mac-7]

Did I mention that anywhere? Nixon tried doing it but it didn't help.

You mentioned the profits for a reason

 

[Moonglow]

You mentioned the profits for a reason

Yes, to show who is making bank and is not going broke. I know you guys can't see the trees because of the forest.

 

[Moonglow]

So what?

Let's do more of this?

I doubt they stop, my state is about to give out $1,000 bucks from the stimulus monies.

 

[Meister]

Which president's watch did this occur?
End of story

 

[Moonglow]

Which president's watch did this occur?
End of story

Corporations do as they please when it comes to gouging.

 

[Ralph Norton]

Yes, to show who is making bank and is not going broke. I know you guys can't see the trees because of the forest.

"can't see the trees because of the forest."
Other way around.

 

[Meister]

Corporations do as they please when it comes to gouging.

It's more convoluted than that.
More like a ripple effect

 

[percysunshine]

I doubt they stop, my state is about to give out $1,000 bucks from the stimulus monies.

States can't print money. But they can be gifted from the federal government.