‘Everything Has Gone Sky High’: From Groceries To Gas?
This was so predictable as Billionaires run to Tax Havens and Joe Biden cuts Hydrocarbons for fuels due to climate change and Congress opens it's purse to create Trillions of dollars of debt because of The Wuhan virus to save small business and rain free money on the average citizens to off set the effects of a buckling economy and giving savers 0% while stimulating the stock market/housing market into a bubble bursting event like in 2007-08!
Get ready for the crypto Now Fed dollar soon in the future after they bail you in with all the failing banks with Bad loans like what is going on Now in China! Maybe some more derivates instruments can be had to continue the dog and pony for a while, but not for long!😁
Surely the public is smart enough to realize how Congress is just making it worst and not better, right?
serf
https://boston.cbslocal.com/2021/10/14/consumer-prices-rising-covid-pandemic/
So, what can be done to lower the cost of living while we wait for supply to catch up? “The Federal Reserve might have to start raising interest rates,” Zagorsky explained. “Raising interest rates will reduce inflationary pressures, but it also means the party’s over…there’s just not going to be many people bidding on homes once interest rates go up.”
“There’s sort of a balance here,” he explained. “The balance is that the government has some control over inflation, but there are no easy choices.”
Comments
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain
Peppermint Patty Psaki is jerking the football away from Charlie Brown.
Hilarious
The local sale barn publishes a weekly report of cattle sales. Prices of beef on the hoof are no higher than they were 1, 5, or even ten years ago.
I dont see how anyone could be in the same room at one of these press conferences.
While the countries circling the drain, the sycophant reporters are frothing at the mouth infatuated with Biden and Pissaki while they continuously pipe out bull***t telling us how lucky we are with them rather than Trump.
It's the supply chain mark up's with profits,I have no idea if there are any corporate cattle ranching out there that can lobby as well as a big business can like transportation or meat cutting facilities.
But most farm prices for commodities at wholesale price levels is not as much percentage wise in mark ups by the time it hits the supermarket with all the middle men making the most profits off the finished product to it before its on the shelves at the marketplace for the consumer.
Once prices go up it is difficult to come back down