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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: locogringo who wrote (1347931)3/11/2022 7:21:07 AM
From: locogringo  Respond to of 1572560
 
Inflation Now Costing An Extra $296 Each Month, And It’s Headed North

Inflation Up 7.9%, Americans Pinched Most In 40 Years

Job Creators’ Ortiz: Stagflation Next




To: locogringo who wrote (1347931)3/11/2022 7:35:28 AM
From: locogringo1 Recommendation

Recommended By
Winfastorlose

  Respond to of 1572560
 
OOPS! Dimmocrats at war with each other

Obama econ adviser: No, this is not "Putin's
inflation" -- it's Biden's


Original Article

You know you’re in trouble when your pitch comes up as a no-sale even among your friends. The efforts by Joe Biden and Jen Psaki today to blame Vladimir Putin for inflation and rapidly rising fuel prices failed to convince Barack Obama’s auto-bailout czar. Steve Rattner offered a single tweet that punctured this White House buck-passing narrative, but it was enough: Rattner makes a point that I raised earlier in my analysis of the CPI index report this morning. The invasion of Ukraine began on February 24th, which at most left five days in the month where the war might have impacted consumer prices. I say might because consumer prices don’t react immediately to world events, and even commodities-market reactions can lag. For instance, the oil futures prices that serve as a marker for consumer pricing didn’t really move up for a couple of days after the invasion: