When we see headlines like “Annual CPI inflation surges to 4.2% in May, the highest level since 2023, as energy prices rise” our immediate reaction is Duuuhhhhh!
The morons who publish these numbers are not stupid but they are convinced the masses are very stupid.
Case in point…the inflation numbers they are comparing today with 2023 are a joke.
Because the numbers from 2023 were a direct result of Covid.
And those numbers are still an integral part of the inflation we are seeing.
The kick in the butt today is a direct result of the billions we have wasted in war in Ukraine.
But that’s only a fraction of what we will eventually see when the effects of the war in Iran (‘not really a war”…Trump) kicks in.
Back in 2021 we wrote:
In 2021 (one year into the fake pandemic) grocery prices skyrocketed.
And it was mostly a result of:
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Supply chain shortages were abundant
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Shipping docks were at a standstill
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Countless food producers were forced to shutter their businesses to adhere to social distancing guidelines
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And World trade temporarily halted
Proving that You Cannot Shut Down the Global Economy and Not Expect a Huge Blowback in the Form of Inflation.
READ: Effects of Inflation on Food (HERE)
And now everyone is freaking out and blaming the market’s volatility on the 4.2% annual CPI print.
That in itself is a joke.
And I’ll prove it to you.
The Boyz publishing this garbage want you to believe that inflation is 4.2% and it looks very threatening.
But answer this question: In the last year has the price you pay for gasoline only gone up 4.2%?
Do the math.
$2.75 per gallon X 4.5% = $0.1155…less than 12 cents.
All things being equal, that means your cost for gasoline should be around $2.87 per gallon.
The reality is that, on average we have been hit with a 45%+ increase at the pump.
And we could do similar comparisons when it comes to food, and other items we use on a daily basis but you probably can figure that out yourself.
Ironically (or NOT) less than one year ago these same jokers were saying how inflation was under control and we dispelled that myth when they claimed the inflation number was only 2.9%.
READ: Inflation is NOT Under Control (HERE)
