Americans face 20% inflation for essentials

[onebyone]

Americans face 20% inflation for essentials​

Official inflation rate of 8% understates impact of rent and energy prices on most US families

NEW YORK – The US Bureau of Labor Statistics says that consumer prices rose 8.2% over the past year, but to most American families, the real inflation rate is 20%, the highest in US history.

Rent, food, energy and automobiles account for 63% of the US Consumer Price Index (CPI), but for the majority of US families, they make up the vast majority of monthly expenditures.

US inflation spiked in 2021 after the newly-elected Biden administration kept federal expenditures at an unprecedented 30% of US gross domestic product (GDP), compared to around 20% for the preceding 30 years, as I reported on June 21.

Americans face 20% inflation for essentials - Asia Times

NEW YORK – The US Bureau of Labor Statistics says that consumer prices rose 8.2% over the past year, but to most American families, the real inflation rate is 20%, the highest in US history. Rent, food, energy and automobiles account for 63% of the US Consumer Price Index (CPI), but for the...

asiatimes.com

 

[Catalystic]

What about food shortages created by the globalist zionists?
Thats coming soon…..what then?

 

[Abdul Rehman Majeed]

What about food shortages created by the globalist zionists?
Thats coming soon…..what then?

Americans and Europeans are ready to die for the globalists.

 

[Catalystic]

Americans and Europeans are ready to die for the globalists.

Well then inflation won’t really matter if wars/famine kill everyone……so why worry

 

[VCheng]

What about food shortages created by the globalist zionists?
Thats coming soon…..what then?

Your crystal ball can see food shortages coming soon?

 

[Abdul Rehman Majeed]

Well then inflation won’t really matter if wars/famine kill everyone……so why worry

There are not enough people dying inspite of COVID-19 and inflation. Hence Fed is killing the jobs to ensure people die in millions. We have too much population in this world and need to meet UN depopulation targets ASAP. LGBTQ, Abortions are still a long way to go and are having a very small impact. Only major wars, famine and loss of employment will turn the tide on population control.

 

[VCheng]

Hence Fed is killing the jobs to ensure people die in millions. We have too much population in this world and need to meet UN depopulation targets ASAP.

The Fed is only for USA, not the UN or the rest of the world.

 

[Azadkashmir]

globalist tattoos thinking they are gods bt just wrinkley rich men with lil penis.

 

[Abdul Rehman Majeed]

The Fed is only for USA, not the UN or the rest of the world.

US Fed raised interest rates and 100+ nation's central banks followed US fed's lead. Only Japan is not following the US.

 

[Azadkashmir]

t virus = corona virus

 

[VCheng]

US Fed raised interest rates and 100+ nation's central banks followed US fed's lead. Only Japan is not following the US.

So that is the Fed's fault? Let other central banks make their own choices, or complain to them for their decisions, not the Fed.

 

[Abdul Rehman Majeed]

So that is the Fed's fault? Let other central banks make their own choices, or complain to them for their decisions, not the Fed.

All central banks work for the same globalist oligarchs.

 

[VCheng]

All central banks work for the same globalist oligarchs.

Yeah, all your Papa Johns are belong to us.

Seriously though, your statement above is total BS.

 

[Abdul Rehman Majeed]

Yeah, all your Papa Johns are belong to us.

Seriously though, your statement above is total BS.

WEF runs the world.

 

[VCheng]

WEF runs the world.

The Fed has nothing to do with WEF.