Oh, that inflation.

[jbrownson0831]

It's something to watch but one or two months in themselves don't mean much. If inflation sticks around let's hope the lesson from 2008 prevented an abundance of adjustable rate mortgages over this past decade.

Are you Gepetto, Pinochijoe's chief excuse maker???

 

[my2¢]

It's something to watch but one or two months in themselves don't mean much. If inflation sticks around let's hope the lesson from 2008 prevented an abundance of adjustable rate mortgages over this past decade.

Are you Gepetto, Pinochijoe's chief excuse maker???

That's right, Debbie Downer.

 

[Votto]

A surge of consumer demand unleashed by government stimulus, improving vaccinations and fewer pandemic restrictions is putting a strain on global supply chains. Manufacturers and other hard-hit industries are struggling to get back up and running after a year of lockdown measures, causing supply shortages and raising costs.

All of those factors combined to push the consumer price index (CPI) up 0.8 percent in April and 4.2 percent over the past 12 months, the fastest annual rate since 2008,

When stripping out the more volatile prices for food and energy, the index registered the biggest monthly increase since 1982.

Inflation fears grow for White House

I suppose to keep inflation down they could mandate more lockdowns.

The way they want to spend, that seems to be one strategy.

Or they just don't give a damn and let the economy completely tank.

 

[BluesLegend]

I think we all know who's responsible for the sky high gas prices, Biden and his regime of fossil fuel haters.

 

[Thinker101]

A surge of consumer demand unleashed by government stimulus, improving vaccinations and fewer pandemic restrictions is putting a strain on global supply chains. Manufacturers and other hard-hit industries are struggling to get back up and running after a year of lockdown measures, causing supply shortages and raising costs.

All of those factors combined to push the consumer price index (CPI) up 0.8 percent in April and 4.2 percent over the past 12 months, the fastest annual rate since 2008,

When stripping out the more volatile prices for food and energy, the index registered the biggest monthly increase since 1982.

Inflation fears grow for White House

I suppose to keep inflation down they could mandate more lockdowns.

The way they want to spend, that seems to be one strategy.

Or they just don't give a damn and let the economy completely tank.

That's true, more lockdowns may keep inflation down. Only problem is most seem to be fed up with lockdowns and the double standard with a lot of politicians. So it becomes a delicate balance, how far and long can they suppress until the crowd gathers with pitchforks on a politicians front lawn.

 

[busybee01]

A surge of consumer demand unleashed by government stimulus, improving vaccinations and fewer pandemic restrictions is putting a strain on global supply chains. Manufacturers and other hard-hit industries are struggling to get back up and running after a year of lockdown measures, causing supply shortages and raising costs.

All of those factors combined to push the consumer price index (CPI) up 0.8 percent in April and 4.2 percent over the past 12 months, the fastest annual rate since 2008,

When stripping out the more volatile prices for food and energy, the index registered the biggest monthly increase since 1982.

Inflation fears grow for White House

As usual you want to blame ordinary people for having too much money. The rich have benefitted immensely from the pandemic. You don't seem to care about them having too much money.

The fact is that production will eventually catch up with demand. There is no evidence that this is anything more than transitory inflation.

 

[busybee01]

It's the current political whats-a-mamaijigger political group/ economic policy to pay people MORE money NOT to work than they would if they did, and coincidentally close those businesses for months over fear of spreading a virus that had 99% survival rate. Yeah, then promise to pay those same unemployed folks gazillion dollars a month for NOT working because out of fear of that SAME exagerated pandemic. Thus driving inflation. Which makes you wonder, what side is the soup de jour identarian politics race baiting economy wrecking side is the...whats-a-majjigers on?

Even if we accept your percentage, out of 100 million people that is a million deaths. That is apparently okay with you. Not with me. You are a cold blooded asshole. That does not take into account the fact that many people who survive have permanent health issues because of the coronavirus. That approach was rejected by sane voters.

 

[Thinker101]

A surge of consumer demand unleashed by government stimulus, improving vaccinations and fewer pandemic restrictions is putting a strain on global supply chains. Manufacturers and other hard-hit industries are struggling to get back up and running after a year of lockdown measures, causing supply shortages and raising costs.

All of those factors combined to push the consumer price index (CPI) up 0.8 percent in April and 4.2 percent over the past 12 months, the fastest annual rate since 2008,

When stripping out the more volatile prices for food and energy, the index registered the biggest monthly increase since 1982.

Inflation fears grow for White House

As usual you want to blame ordinary people for having too much money. The rich have benefitted immensely from the pandemic. You don't seem to care about them having too much money.

The fact is that production will eventually catch up with demand. There is no evidence that this is anything more than transitory inflation.

Wow, aren't you the bright one, it's not a matter of anyone rich or poor having too much money. It's a matter of having more money.