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(last updated 2024-08-09/Close of previous day debt was $35123327978028.47 )

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Monday, August 12, 2024

Inflation and Current Prices


 Inflation and Current Prices:


A Friend of Mine Asked If The Inflation Rate Is Lower Why Are Prices Of Groceries Going Up?

Answer: Those PRICES are 'BAKED INTO THE CAKE. The rate is slower, but we still have inflation. We didn't notice it under Trump because the inflation rate was only 1.4%. Now it is at 6% after increasing as much as 19%. We won't be seeing the Trump prices unless Trump is elected. And even then these prices may be baked in STILL. Truthfully, the Government needs INFLATION.  The get more revenue without increasing taxes in plain site. The Government needs the MONEY!


Sorry to RANT!!!

#inflation  #Groceries #prices