Inflation based on the current definition of the CPI, from Biden’s date of inauguration of Jan 2021, until July 2023 is running at 17%. Whoopee that it has fallen to less than 3% in the last monthly annual est., obviously prices are still going up. We would have to have negative inflation rates for years for prices to return to pre-Covid Trump era levels. The CPI does not include food or fuel. I bet if these were included we would be looking at an inflation rate over the jan 2021 - july 2023 period in excess of 40%. The shit show is not being propped up. Anyone looking at 17% CPI inflation would conclude this economy is a mess. Also look at P/E, debt/GDP, GDI/GDP, and any economist would say we are in for a rough ride.
Inflation based on the current definition of the CPI, from Biden’s date of inauguration of Jan 2021, until July 2023 is running at 17%. Whoopee that it has fallen to less than 3% in the last monthly annual est., obviously prices are still going up. We would have to have negative inflation rates for years for prices to return to pre-Covid Trump era levels. The CPI does not include food or fuel. I bet if these were included we would be looking at an inflation rate over the jan 2021 - july 2023 period in excess of 40%. The shit show is not being propped up. Anyone looking at 17% CPI inflation would conclude this economy is a mess. Also look at P/E, debt/GDP, GDI/GDP, and any economist would say if your in the market, get out quickly.
Inflation based on the current definition of the CPI, from Biden’s date of inauguration of Jan 2021, until July 2023 is running at 17%. Whoopee that it has fallen to less than 3% in the last monthly annual est., obviously prices are still going up. We would have to have negative inflation rates for years for prices to return to pre-Covid Trump era levels. The CPI does not include food or fuel. I bet if these were included we would be looking at an inflation rate over the jan 2021 - july 2023 period in excess of 40%. The shit show is not being propped up. Anyone looking at 17% CPI inflation would conclude this economy is a mess. Also look at P/E, debt/GDP, GDI/GDP, and any economist would say if your in the market, get out quickly. I believe the market as well as the dollar collapse is near.