JUST IN - NY Federal Reserve now sees inflation at 5.2% in one year, 4% in three years; a series high with "large expected price rises" in food, rent, and medical costs.

— Disclose.tv (@disclosetv) September 13, 2021

In May, Janet Yellen said the inflation was temporary.

Oops.

which is what really... 8%?

wow!

Libs don't care. All in the name of safety. Just keep spending, keep testing, wasting money trying to play god and prevent a non-preventable virus, etc.

But a certain resident told us inflation was 100% certain transitory

But no mean tweets!

Thanks CMs

beerad12man said:

---

Libs don't care. All in the name of safety. Just keep spending, keep testing, wasting money trying to play god and prevent a non-preventable virus, etc.

---

They'll increase welfare again. They upped food stamps by 25% with the stroke of a pen. SS is protected since its tied to inflation. This hurts the middle class, which they loathe.

If they are raising estimates to 4% then its probably more like 12%

Welcome to Democrat run America.... enjoy the supply chain issues and more expensive everything!

What's compounding the issue is immense cost increase of transportation. Fuel cost is astronomical.

In 15 months it's gone from $1.62/gallon to $3.19.

So there is an artificially created short supply of materials, which has increased cost of goods. There is an artificially created labor shortage, which has increased cost of goods. And we've artificially double the price of fuel/transportation, which is raising cost of goods.

And none of that takes into account the reckless spending and resulting printing press in Washington.

I dont want to debate tariffs, but all those people who were staunchly against trumps' tariffs have to be wondering why, at this point. The effects pale in comparison to what's happening now, and we've opened the doors back up to our #1 competition.

I'm not a conspiracy theorist, but I cannot explain what Im seeing economically. The harm has to be on purpose. There is no other explanation at this point. And half the country seems to be blissfully unaware as they scroll through tiktok

Alternative headline:

"Your salary is getting reduced 4% each year for the next few years."

AgGrad99 said:

---

What's compounding the issue is immense cost increase of transportation. Fuel cost is astronomical.

In 15 months it's gone from $1.62/gallon to $3.19.

So there is an artificially created short supply of materials, which has increased cost of goods. There is an artificially created labor shortage, which has increased cost of goods. And we've artificially double the price of fuel/transportation, which is raising cost of goods.

And none of that takes into account the reckless spending and resulting printing press in Washington.

I dont want to debate tariffs, but all those people who were staunchly against trumps' tariffs have to be wondering why at this point. The effects pale in comparison to what's happening now, and we've opened the doors back up to our #1 competition.

I'm not a conspiracy theorist, but I cannot explain what Im seeing economically. It has to be on purpose. There is no other explanation at this point. And half the country seems to be blissfully unaware as they scroll through tiktok

---

EVERYTHING is on purpose.

Athanasius said:

---

Alternative headline:

"Your salary is getting reduced 4% each year for the next few years."

---

That's the thing. If folks were told they were getting a 4% pay cut each year over the next 3 years by their company, they would be extremely ticked off and looking for a different job.

Yet that is exactly what this is.

Liberalism is a mental illness.

Concerned Moderates - You allowed this.

Absolute trash.

Effectively, over a two year period, we have double digit inflation with wage increases that don't come close to matching.

If they say 4% you should expect at least 8% and more likely 10%-15%. But, no mean tweets. Fing Idiots.

Sadly almost half the country supports this happening.

How to destroy an economy:

Fearmonger----->pay people not to work/run them out of the workforce----->create a labor shortage ----->create material supply/inventory shortage----->create inflation

The Democrat-Marxist schemes are working according to plan.

I'm an econ major. This is very very bad. Too bad half of our population is too dumb to realize what is going on.

At least there are no more mean tweets though, and that's what really matters.