Inflation highest in 30 years. Prices up 6.2% year over year.

[Buckeye Fever]

so basically we all got a pay decrease

My job gave us a 5% raise last week. With inflation at 6.2%, it is still a pay decrease

 

[CrimsonTider]

wtf is this

 

[Absolut]

small businesses were constantly shutting down permanently because of short sighted mandates sans help from the government, which many on the coli clamored for

fixed for accuracy

 

[Spence]

Just joined 6 figure gang this year so these aren’t my problems

 

[CodeBlaMeVi]

I can't remember where I saw it, but Americans are in more debt now than ever because of inflation.

May not be such a bad thing because it will make the current loans cheaper.

 

[Knowledge]

Gonna look into those government mint coins

Lately I’ve been thinking of alternate investments like wine and growing a watch collection

I would sell a few of my rolex collection for a slight discount to some coli brehs, but i decided to keep em

 

[Tres Leches]

hundred thousand aint what it was yesterday

 

[Edub]

We're quickly approaching late 70s territory.

CNBC is filled with undercover trump Republican loving cacs….like the one reporting in the tweet…..not saying it isn’t true, but his “holy cow, wowzers” excitement about it all is politically motivated

 

[Xyrax]

Elections have consequences

Not in this case. Inflation isn't a lever pulled by a President. Trump wasn't responsible for inflation rising like that either. Its a rate thing. We have had rates low for a long fukking time. It was bound to happen once they started quantitative easing on top of that back in early 2020 when the Pandemic started.

 

[UpAndComing]

yes, if only trillions of dollars weren't printed up out of thin air and put into the economy without any thoughts of the repercussions.

how the hell is this a surprise?

But Coli told me the Stimulus, PPP Loans, and Unemployment payouts didn't cause inflation

 

[Dreamchaser]

Holding off on high priced purchase due to inflation. We need interest rates to raise for lower inflation.

 

[Koli_Kat]

Just joined 6 figure gang this year so these aren’t my problems

You're six figure salary is worth less buddy

 

[UpAndComing]

This is why Political theater is destroying America

The Government gave a stimulus to BOTH Individuals and Businesses, and both of them were idiotic to do. What the hell is the point of dividing the 2 like one is better than the other. Neither is helping anyone

Whenever you print money into an economy to BOTH Individuals and Businesses when unemployment is high, you are literally begging for a Depression

 

[Wild self]

Just joined 6 figure gang this year so these aren’t my problems

But your 6 figures ain't going as far as it used to be.

I honestly believe that a lot of CEOs are raising prices because they secretly wanted Trump to win last year, and now doing so to make Biden look bad. They want a presidential administration that doesnt question the hyper-inflated wages of the CEO.

 

[Wild self]

CEOs and Executives behind it need their heads on pikes

I been said this, but The Coli written me off as crazy