Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record

[ColonelAngus]

The Biden administration is now saying that inflation is good.

Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record

The Labor Department's producer price index was expected to rise 9.2% in November from a year ago, according to FactSet.

www.cnbc.com

 

[Meathead]

The Biden administration is now saying that inflation is good.

Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record

The Labor Department's producer price index was expected to rise 9.2% in November from a year ago, according to FactSet.

www.cnbc.com

Let's Go Brandon!

 

[Votto]

Democrats are not done yet. They have just spent trillions adding to the inflation and want to spend even more

We have at least 3 more years of this crap with no end in sight, and no, Joe Mansion is a pussy and won't stop them.

 

[CrusaderFrank]

Democrats are not done yet. They have just spent trillions adding to the inflation and want to spend even more

We have at least 3 more years of this crap with no end in sight, and no, Joe Mansion is a pussy and won't stop them.

Xi knows his democrat allies lose the House and Senate in the midterms so they need to destroy the USA before then.

They are trying to make the US Dollar lose its reserve currency status and might actually succeed.

I wouldn't be surprised if the CCP collapsed Bitcoin before the midterms with a Quantum computer cyber attack, plus another Bioweapon -- and the "American" Intel Agencies, (all lead by pedophiles or CCP agents) blame Russia

 

[Votto]

I think the bioweapon is sooo yesterday!

I say they find new ways to steer elections.

 

[bendog]

The Biden administration is now saying that inflation is good.

Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record

The Labor Department's producer price index was expected to rise 9.2% in November from a year ago, according to FactSet.

www.cnbc.com

I don't see how the Fed can hold off raising the interest on consumer credit. Which will cause unemployment.

Demand for goods continued to be the bigger driver for producer prices, rising 1.2% for the month, a touch slower than the 1.3% October increase. Final demand services inflation ran at a 0.7% monthly rate, much faster than the 0.2% October rate and a sign that the services side could be catching up in prices after lagging through much of the recovery. (from the OP link)

 

[ColonelAngus]

Democrats are not done yet. They have just spent trillions adding to the inflation and want to spend even more

We have at least 3 more years of this crap with no end in sight, and no, Joe Mansion is a pussy and won't stop them.

No no no no

Those bills are FREE!!

$3 trillion in FREE MONEY!!

WOO HOO!!!

 

[WTH_Progs?]

Everyday is opposite day in PROG. I wonder why even they can't figure that out, emotionally vested?

 

[ColonelAngus]

It's fascinating how LEFTISTS are trying to blame TRUMP for inflation....WHEN BIDEN AND THE DEMS TOOK OVER AND CHANGED EVERYTHING TRUMP DID.

You people are fucked in the head.

All of the consequences of the policies and bills and EXECUTIVE ORDERS that Biden and the DEMS pushed through are ON THEM.

TRUMP HAS NOTHING TO DO WITH IT.

Let's say a NEW COACH comes to a football team and COMPLETELY changes the team personnel and STRATEGY....AND THEN LOSES BADLY.

How is that the fault of the old coach?

You political hacks need to shut the fuck up. You are useless.

 

[ColonelAngus]

I got it!

It's PENCE and his homophobia!!!

That's what is causing MASSIVE INFLATION.

Biden said it was only temporary......SO WHEN DOES IT STOP?

No no no....I got it....

COW FARTS!! COW FARTS ARE CAUSING INFLATION!

 

[ColonelAngus]

Is it RACISM?

Is it not using the proper pronouns?

That's gotta be the reason.

Improper pronoun use causes MASSIVE INFLATION.

 

[ColonelAngus]

WAIT JUST A SECOND!!

I got it!!!

Trump's MEAN TWEETS to KIM JONG UN in 2017 are the reason we are in the middle of massive inflation!

ORANGE MAN BAD!!!!!!!

 

[ColonelAngus]

Lefties, why are you ignoring this thread.

You get to brag how YOU are the reason for this INFLATION.

Congrats! You get to BRAG that you voted for Joe Biden, FOREVER!

Own it

 

[CrusaderFrank]

Build back stupid

 

[Weatherman2020]

 

[ColonelAngus]

The number of people who will ADMIT to voting for Biden is about 20.....

Not 20 million....

20.

 

[ColonelAngus]

The Biden admin and their PROPAGANDA arm, the corporate sponsored press, are not trying a new messaging....that INFLATION IS GOOD!

 

[Weatherman2020]

The Biden admin and their PROPAGANDA arm, the corporate sponsored press, are not trying a new messaging....that INFLATION IS GOOD!

That $2Trillion we printed isn’t going to cost anything!

 

[ColonelAngus]

Biden said this is temporary.

When will inflation go back to like 3%?

 

[iamwhatiseem]

I don't see how the Fed can hold off raising the interest on consumer credit. Which will cause unemployment.

Demand for goods continued to be the bigger driver for producer prices, rising 1.2% for the month, a touch slower than the 1.3% October increase. Final demand services inflation ran at a 0.7% monthly rate, much faster than the 0.2% October rate and a sign that the services side could be catching up in prices after lagging through much of the recovery. (from the OP link)

That is because the recoveries foundation was the government giving away $1.3 trillion and giving away monthly EICs. A good percentage of the "recovery" is artificial and temporary.
Add to that making paying rent optional... and you had a LOT of people with a LOT more cash to spend.
That cash is dwindling.