Is Reinflation Here?

[Rightguide]

It’s Official: Reflation Is Here​

By Jeffrey A. Tucker
4/11/2024
Updated:
4/11/2024

For months and even years, the mainstream news has sought to spin terrible inflation news. It’s not so bad, it’s just transitional, it’s getting better, it’s not really a problem, and all your gloom about the value of the dollar is in your head. Truly, in the past fortnight, we have been inundated with articles suggesting that the public is dumb as rocks for thinking that inflation is still a problem.

This morning: boom! The upward trend for the entire first quarter was solidly confirmed. We could be entering a second wave. It was so bad that not even the two most influential venues could deny it. The New York Times reported, “Inflation Stronger Than Expected.” The Wall Street Journal reported, “Hot Inflation Report Weakens Case for Fed’s June Rate Cut.” The accompanying editorial is even better: “The Inflation Thief Rises Again.”

Truly, I’m stunned by the highly unusual and rather brazen truthfulness of these headlines. I don’t think we’ve seen that in three years. Which makes me wonder: Maybe the problem is even worse!

Here is a look at the inflation data as we see it now. The upward trajectory even from last summer is becoming apparent. The total loss of purchasing power in three years is easily 20 percent, but probably closer to 30 percent or more.

More here: https://www.theepochtimes.com/opini...oReport&src_src=partner&src_cmp=BonginoReport

Yes folks, it does look like a massive rate hike is coming in order to suck out of the economy Biden's funny money.

 

[ll74]

They won't raise rates.

 

[KeithD]

Trumpers like Rightguard seem to be begging for a bad economy, which just isn't the one that's here. How "supportive" of America is that?

 

[Rotadom]

It’s Official: Reflation Is Here​

By Jeffrey A. Tucker
4/11/2024
Updated:
4/11/2024

For months and even years, the mainstream news has sought to spin terrible inflation news. It’s not so bad, it’s just transitional, it’s getting better, it’s not really a problem, and all your gloom about the value of the dollar is in your head. Truly, in the past fortnight, we have been inundated with articles suggesting that the public is dumb as rocks for thinking that inflation is still a problem.

This morning: boom! The upward trend for the entire first quarter was solidly confirmed. We could be entering a second wave. It was so bad that not even the two most influential venues could deny it. The New York Times reported, “Inflation Stronger Than Expected.” The Wall Street Journal reported, “Hot Inflation Report Weakens Case for Fed’s June Rate Cut.” The accompanying editorial is even better: “The Inflation Thief Rises Again.”

Truly, I’m stunned by the highly unusual and rather brazen truthfulness of these headlines. I don’t think we’ve seen that in three years. Which makes me wonder: Maybe the problem is even worse!

Here is a look at the inflation data as we see it now. The upward trajectory even from last summer is becoming apparent. The total loss of purchasing power in three years is easily 20 percent, but probably closer to 30 percent or more.

More here: https://www.theepochtimes.com/opini...oReport&src_src=partner&src_cmp=BonginoReport

Yes folks, it does look like a massive rate hike is coming in order to suck out of the economy Biden's funny money.

Every time you s post a thread complaining about the economy that you don't understand, smarter people prove that you're ignorant.

 

[Rotadom]

JOE BIDEN PROSTATE CANCER SCARE

Close members of Joe Biden's reelection team downplay President Joe Biden's recent prostate cancer scare.
Biden, who recently turned 80, now falls into the "significant risk" age group category for prostate cancer.
Prostate doctors know that the risk of prostate cancer is significantly higher for active white men over 80.
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Yes folks, it does look like a massive rate hike is coming in order to suck out of the economy Biden's funny money.