21 October, 2021

If You Missed the Inflation of the 70s, Don’t Worry. We Have Another Failure of a Democrat President.

Key Inflation Measure At Highest Level Since 1991, Outpacing Income Growth | The Daily Wire

The PCEPI — used by the Federal Reserve to set its inflation rate targets — has risen for the past several months. In April, the metric hit a 3.6% year-over-year growth rate before rising to 4.0% in June and 4.2% in July.

Nice. I love that it’s still rising too. Also, it’s important to point out that the inflation indices actually don’t track a lot of common household purchases. And the things that it doesn’t track usually rise in price faster than the so-called inflation rate. So, the “real” rate is even higher.

Doesn’t that make you fell great?

Welcome to Biden’s America.

You voted for this.


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