The U.S. consumer price index, a broad inflation measure of everyday goods and services, soared 9.1% year-over-year, above even the gloomy 8.8% consensus expectation, marking yet another month of the fastest pace for U.S. inflation in over 40 years.
Excluding volatile food and energy prices, so-called core CPI increased 5.9%, compared to the 5.7% estimate.
On a monthly basis, headline CPI rose 1.3% and core CPI was up 0.7%, compared to respective estimates of 1.1% and 0.5%.
Energy prices surged 7.5% on the month and were up 41.6% on a 12-month basis. The food index increased 1%, while shelter costs, which make up about one-third of the CPI rose 0.6% for the month and were up 5.6% annually. This was the sixth straight month that food at home rose at least 1%.
Gasoline prices… increased 11.2% on the month and just shy of 60% for the 12-month period. Electricity costs rose 1.7% [on the month] and 13.7% [YoY].
MacDailyNews Take: For new generations, sometimes tough lessons have to be retaught and learned the hard way.
As we go through this, remember: It’s always darkest before the dawn.
‘Tis best to get a handle on inflation, if you know how, while you still can. – MacDailyNews, May 11, 2021
Stop the misguided crusade against domestic energy production and profligate federal spending and inflation will be stopped dead in its tracks. It’s not difficult. – MacDailyNews, May 11, 2022
In January, Interactive Brokers founder Thomas Peterffy said, “Inflation is 7% — 1% or 2% [in interest rate hikes] doesn’t mean anything. If they really wanted to stop inflation, they would have to raise rates to 4%, 5%, 6%.”
Inflation is repudiation. — Calvin Coolidge
When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill… [which] comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident. — Ronald Reagan
Please help support MacDailyNews. Click or tap here to support our independent tech blog. Thank you!

Stolen elections have consequences.
It took 2000 mules to subvert the will of the American people, installing a puppet of the establishment, owned by China.
The same disproved conspiracy-theory bullshit every time.
Get a life…
They also pop in on every single post even remotely related to politics
Enjoy being banished into the wilderness for a decade+, leftist losers.
See you at midterms (no stuffing drop boxes with no chain of custody at 3am this time)!
It’s not whether we believe in conspiracy theories, but which ones, and why. The number of hoaxes believed by folks on the left is quite numerous – almost all of them related to the previous president. Curious: have you watched “2000 Mules”, to make up your own independent mind on the matter? I have not, but I plan to. There’s nothing noble in living by lies.
By the way, does anyone have a conspiracy theory you could lend me? Cuz all mine keep coming true, especially in the last two years.
Regarding 2000 Mules:
https://www.factcheck.org/2022/06/evidence-gaps-in-2000-mules/
Who checks FactCheck?
This^
If you don’t know what to do with referenced research that cites sources for the data it presents, you should refrain from posting on the internet and showing the world what an imbecile you are.
Nothing has been disproved, but you and the other libturds are too fucking stupid to know it.
“The depth of libturd stupidity is astounding” {end quote} {repeat quote}
60 out of 61 lost cases, even some by Trump-appointed judges! Time to leave the cult or be forever stupid!
yer not very brite a ya?
Got no facts to offer, do ya “Becky”?
Country Joe, you really should sit this one out!
I won’t
Provide your source to prove your point. What I have read, the majority of cases were dismissed beforehand and never HEARD in the court, which does not exactly equate to losing…
They were dismissed beforehand because they had NO merit! See CONSERVATIVE report below:
lostnotstolen.org
@Country Joe: No merit? Says who the “Never Trumpers” website and partisan judges with the Democrat biased media piling on with the infamous, “nothing to see here” repeated daily?
I repeat, the cases were NOT HEARD. Same as you have not seen 2000 Mules and refuse to believe election fraud happened on a MASSIVE SCALE. That’s a fact. But what we don’t know, was the fraudulent numbers great enough to steal the election and millions believe it was…
Goeb claims judges must have been biased. Can he provide evidence? Of course not.
Goeb himself is so blind to any facts that he ignores that many of the judges were republican appointed, and many were acting on evidence provided by republican state officials. All came to the conclusion that no fraud changed the election outcome, and in fact much of the ATTEMPTED fraud was perpetrated by MAGAts trying to swing tight districts to Loser Don.
How unfortunate that when Goeb’s football team loses, he listens only to the loser QB. In Goeb’s eyes, the other team, the officials, the fans all cheated. And his team’s cheerleading squad are now labeled RINOs because they didn’t cheer hard enough for Gridiron Bonespurs.
Goeb, stop being a crybaby loser like Donny.
@Hail Mary fail
You FAIL cause your post is a ridiculous volume of FICTION, minus facts…
Using cellphone geotracking and surveillance video, “2,000 Mules” shows a network of “mules” in battleground states busily collecting ballots from get-out-the-vote NGOs and stuffing them, a few at a time, into multiple drop boxes in the dead of night.
True the Vote bought three trillion geo-location signals from cellphones that were near drop boxes and also near election nonprofits, from Oct. 1, 2020, through to the election on November 3. In Georgia the end date covered the Jan. 6, 2021, run-off.
Then they went searching for “mules,” operatives who picked up ballots from election NGOs — such as Stacey Abrams’ outfit, “Fair Fight Action” — and then carried them to different drop boxes, depositing between three to 10 ballots in each box before moving to the next.
Data analyst Gregg Phillips set a threshold for each mule to visit at least 10 drop boxes within a defined area and at least five visits to one or more NGOs.
For example, in the Atlanta-metro area they drew a line around 309 drop boxes and bought all the cellphone data of people that had been near those drop boxes and NGOs.
That narrowed the search to 2,000 mules.
Then they went looking for public surveillance camera footage of those drop boxes. In all they found 4 million minutes across the country.
The results are stunning. When a mule is matched with video, you can see the scheme come to life.
A car pulls up at a drop box after midnight. A man gets out, looks around surreptitiously, approaches the box, stuffs in a handful of ballots and hightails it out of there. Then he goes to the next box, again and again.
After Dec. 23, 2020, Phipps noticed mules in Georgia started wearing gloves. He pinpoints the change to an indictment for ballot stuffing handed up in Arizona on December 22. “The way the FBI nailed them was fingerprints.” After that, mules started wearing gloves.
The data pattern is unmistakable…
For each of the 2,000 mules the average number of drop box visits was 38, with an average five ballots deposited per visit. That’s 380,000 suspect votes.
In Michigan, 500 mules averaged 50 drop box visits, at five ballots per drop, giving you 125,000 suspect votes… In Wisconsin, 100 mules averaged 28 drop box visits each, which gives us 14,000 suspect votes… In Georgia, where 250 mules averaged 24 drop box visits each, we get 30,000 suspect votes… In Arizona, 200 mules averaging 20 drop box visits makes 20,000 suspect votes… In Philadelphia alone, 1,100 mules averaged 50 drop box visits giving us 275,000 suspect votes…
These are the results of the 2020 U.S. presidential election when you remove the stuffing of drop boxes by 2000 mules:

https://nypost.com/2022/04/24/biden-is-up-to-old-election-tricks/
Maybe in your dreams but unfortunately for YOU, it is not reality
Obviously you are BLIND to inconvenient information…
The truth is that Trump lost the election and that it was NOT stolen. See the election report by prominent Conservatives debunking all these false claims:
https://lostnotstolen.org
NO, in your dreams.
Sorry you have a CLOSED mind and keep posting the same ground zero “Never Trumpers” website, incomplete and highly flawed.
Only a coward with weak beliefs refuses to watch “2000 Mules” for stunning new revelations of fraud. The findings roundly ignored, dismissed out of hand and blacked out by the investigative mainstream media, Justice Dept., Democrats, Never Trumpers, and well, YOU.
All part of a massive collusion on many levels NOT TO INVESTIGATE the full story, same as the Jan. 6 commission only interested in one outcome.
You are free to cling to INCOMPLETE cherry picked partisan beliefs that do not tell the full story. Massive fraudulent votes occurred in the 2020 election, whether you believe it or not.
Courtesy of drop box corruption and changed voting laws last minute by Democrat states, upheld by Democrat state Supreme Courts, PA the prime example.
Bottom Line: Only corrupt partisans are afraid of the FULL TRUTH and that includes conservatives…
You’re not a conservative. You’re an annoying belligerent low information trumptard who refuses to read anything other than your red team propaganda. Go Away already. You lost, stop your sniveling whine.
@ PA Goob
No facts to post today, so ALL you have is insults and childish name calling? Run along, sonny…
Reagan was more senile than Biden and Drumph put together. He also presided over two recessions and massive debt accumulation while engaging in foreign nation building and proxy wars. But don’t blame Ronny, he left the executive branch to Rumsfeld, Cheney and the other staffers who really ran the show behind the scenes. Playing a competent president was an Oscar-worthy acting job, but tragedy movies don’t usually win awards. We have been paying off their military debts ever since.
You should stop pretending you know what the 1980s was like. It was an economic and political stagnation while Japan ate US’s lunch, the WH was fighting undeclared wars, and Nancy covered up for a missing Ronald on the home front.
This country needs higher standards to run for office.
it’s a pathology.
makes it easy for wannabe despots to manipulate a vulnerable portion of the population that lacks capacity to discern fact from fiction.
you read about it in history, think it will never happen here, and then see it happening right before your eyes, even on, of all places, a computer blog.
sad.
John, funny: I can’t tell if you’re referring to 2000 Mules itself, or the propaganda that says it is definitively debunked. Your comment might be self-referential – you might be talking about your own words . . . You might be a member of that “vulnerable portion of the population” . . .
Jed please include time codes on the parts of 2000 mules documentary that you think are false ? its important that you “name calling” insults are backed with equally energy that inform and correct the errors in the public square. Please tell us your not here to call names, are you too like trump ? Mean spirited name caller.
Friend, I’m not aware of any place I’ve called someone a name. And please see my above comment regarding whether or not I’ve seen 2000 Mules. And I’ve never mentioned Trump. Aren’t you calling me names by invoking Trump? 🙂
John, please resend. Your attachments of undeniable proof didn’t arrive with your post and all that’s left is your flapping gums.
But Russian collusion with Trump to steal the election victory from Hillary Clinton in 2016 wasn’t? As Democrat Rep. Chris Murphy would say, “Spare me the bullshit!” To think those collection of idiots in DC can pass legislation that in four years, 2016 to 2020, goes from Russian collusion to the most secure election in American history, and pretend the DC Capitol brain trust is that competent makes one think more bran tests are required on those people and not just Dementia Joe.
https://media.patriots.win/post/ak7ydpTNTSo3.jpeg
If only Bonespurs had ever heard of Iwo Jima. What was your point again?
Don’t CONFUSE the ignorance by the COMPLICIT Democrat run media shills REMAINING SILENT, abandoning their investigative duties on this topic amounting to journalist malfeasance.
If ballot box stuffing (2000 Mules) combined with Koch brothers massive funding happened, contrasted with Zuckerberg/Soros/Social Media conservative censorship, to a Democrat running for president, the woke media would be winning Pulitzer Prizes and Academy Awards by the fistful.
Disproved? By whom? Post your evidence, otherwise more hot air from another brainless leftist mocking the integrity of Project Veritas.
Take your time, whenever you are ready…
Here is the evidence posted by Conservatives:
https://lostnotstolen.org
Same old tired website, you have been posting over and over for weeks.
Breaking News: Not the end all be all COMPLETE empirical evidence by RINOS and NEVER TRUMPERS you dream it is. But if that is ALL you got as we have seen for weeks, hate to break it you — YOU GOT NOTHING!
Watch “2000 Miles” unless you are a single minded coward, which by now, is quite obvious. You can’t handle the truth…
Mules, not Miles…
To make a mule, a jackass must copulate with a horse, but only the jackass talks about it.
The World’s Wunderkind has a solution for inflation, energy prices, food shortages, China’s advance, state-ism prompted by WEF/UN and other totalitarian elite entities. But first, we need to start with basics, like:
“What am I doing now….?”
Campaigning from the basement, while few challenged, was good preparation for being the
Goo-Goo Man we see today.
It’s always Bidenesque before a dawn of a new Trumpian America.
Biden. America’s curse. Along with Apple hating-bozos.
Trumpian …. that means
lying
vindictive
incompetent
uneducated
sleazy
fake
narcissistic
corrupt
impeached
losing
obese
self absorbed
irrelevant
You might try to find a better candidate to serve the country today instead of serving himself. There’s a new morning every 24 hours and you feel like you gotta roll back the clock 40 years to attempt to rally the divided republicans. Get a clue. Nobody with a brain wants another septuagenarian corrupt fat white guy for prez. And definitely not one with orange face paint.
Thằnk you senile, dementia frail Biden ( Pédo Pete according to Hunter Biden
The economy is NOT Biden’s fault. He’s just a hapless dementia patient that can’t even read a teleprompter.
The blame for the destruction of the country is squarely on the backs of the fucking idiots who support a lying, corrupt, racist dementia patient.
Thanks again, libturds!
you misspelled trump, the most deceitful prez since nixon.
Hey cowardly imposter, get LOST…
I want to thank the Biden voters for:
A proven corrupt, lying, racist dementia patient in the White House who can’t even read
Economy in tremendous downfall
Inflation at all time high
Stock market crashing
Supreme Court justice that can not remember anything about her past decisions and can not define “women”
Obese, mental ill freak put in charge of health
Mentally ill, dog-roll-playing fetish freak in key nuclear post
Moron professors who arguing that men can get pregnant
Sends billions to foreign countries but wont spend a dime to protect our schools
Cities held hostage and burning
Violent criminals out of jail early
Men competing in women’s sports
Men allowed in women’s locker room and bathrooms
What can be added to the list?
You forgot the sniffing and fondling of girls who visit the White House.
You forgot being a demigod, getting impeached twice, and staging a coup to overturn a free and fair election. Oh yeah, that was the other guy 😀
liberal + shit for brains = libturd
The depth of Libturd stupidity is staggering {end quote} {repeat quote}
I would respond but that is all you got – SAD 🙁
Because cheaters never win.
https://nypost.com/2022/07/09/joe-biden-approval-drops-to-30-after-a-brutal-week-civiqs-poll/
Election was NOT stolen. See report below from notable Conservatives;
https://lostnotstolen.org
Did you cite Donald’s losing polls for four years to determine what a loser he was? You know he lost the popular vote and never polled a majority favorable rating, right? Oh maybe you’re to stupid to understand your hypocrisy and lack of logic.
How sad.
As for others…
We’re still waiting for Joe Biden’s first impeachment of Quid Pro Quo regarding Ukraine, US taxpayer money and interfering in the the Burisma investigation, along with Biden’s second impeachment selling Strategic Oil Reserves to China. Where is that drunk cunt Pelosi and her cabal of pedophiles when you need them? (release the Ghislaine Maxwell client list) Plus staging an election steal, where for the first time in US history, the vote count was stopped in a plethora of Liberal Democrat garbage dump cities in several swing states.
Remember, as Joe Biden said, “We have put together I think the most extensive and inclusive voter fraud organization in the history of American politics.” End Quote. Repeat the Line. Where’s the November 3rd, commission investigating that Treason by Joe Biden and the Democrats? Oh wait, I know why this is not happening. The Drunks & Pedophiles are in charge, not the demigod!
You LIE REPEATEDLY.
No “coup” was planned by Trump, his exact words “march peacefully” at the rally. You did not mention the complete set of facts, typical for a partisan you can handle only one narrative at a time. BTW, team Trump rightly so was asking for a recount same as Gore in Florida 2001. There, I fixed it for you.
“a free and fair election” Have you seen “2000 Mules” for new evidence? Course not, that would challenge the truth and brainwashing you cling to believe. Still can’t get beyond the NEVER TRUMPERS website as holier than though proof. No, partisans with an agenda are not investigative journalists.
Impeached twice is a badge of honor against a corrupt deranged vindictive HATE FILLED absolute worst Speaker of the House in history. Pelosi hand picked and STACKED J6 Commission is a continuation of her tirade to damage Trump so he doesn’t run in 2024. How stupid can one be?
Keep up the BRAINWASHING from the Democrats and sycophant media. PROVES you and the Democrats are STILL terrified scared sh*tless of a MAGA Trump presidency that returns power to the people….
Goober screams liar at everyone, but the only “truth” he can parrot here is the thoroughly debunked mule FUD video which was produced by a FELON. The more we learn from Trumpets own staffers, including Pence, the more clear it is that Trumpet is a whiny loser who always assumes that rules don’t apply to him.
Why would anybody support such a person? Can’t you come up with a better candidate?
Is this worse than grabbing women by the privates like orange dotard brags about? GOP likes to act outraged but they are all fscking hypocrites. Especially your orange idol.
inflation is caused by and will continue as long as energy cost are high. The progressive hive mind is willing to empower CCP china and destroy the US economy in the name woke energy polices. Its against Biden’s religion to allow cheap energy. To him and his follower this is a religious war.
Yep, we all give our loyalty to an absolute authority – to a G/god. Not a question of WHETHER but WHICH ONE. And then we should ask what that resulting religion demands from everyone, and what it calls sins, and how it says we might deal with those sins, and who are the high priests who enforce the rules of the religion . . . In this sense, environmentalism is a very demanding religion, with no absolution for sins, except ongoing penance. And its eschatology – its “end times” is always another 10-12 years away. . .. In the meantime, higher energy prices are the price we need to pay to be right with the god of the system . . . We need a better God than the one environmentalism worships.
So instead of using the power of American wind, solar, and hydro you demand that the nation remains addicted to imported oil? That is a plain stupid plan for the future. But that is the republitard way — don’t invest for the future, just keep subsidies flowing to entrenched corrupt industries that tell you that patriotism = selfish consumerism. You might be able to get away with your wasteful lifestyle another generation. Your children and grandchildren, and all those precious unwanted fetuses will suffer the resource wars of the future, which the fat lazy USA is bound to lose if it doesn’t wise up.
You are a fool. A useful idiot.
Based on separate studies published by the National Bureau of Economic Research (NBER) and J.D. Power,electric vehicles are worse for the environment than gas-powered vehicles, and battery-electric vehicles (EVs) and plug-in hybrid vehicles have more quality issues than gas-powered vehicles.
The comparison between a gasoline vehicle and an electric one is really a comparison between burning gasoline or a mix of coal and natural gas to move the vehicle. — The American Economic Review
Owners of electric or hybrid vehicles cite more problems than do owners of gas-powered vehicles. The latter vehicles average 175 problems per 100 vehicles (PP100), hybrids average 239 PP100, and battery-powered cars — excluding Tesla models — average 240 PP100. Tesla models average 226 PP100. Given the average cost of an electric car is roughly $60,000, about $20,000 more than the cost of a gas-powered car, it seems owners of EVs didn’t get the value they deserve. — J.D. Power
You’re losing. It will get much worse for you and your ilk very soon.
NOT TRUE> See Information below from EPA:
FACT: Electric vehicles typically have a smaller carbon footprint than gasoline cars, even when accounting for the electricity used for charging.
Electric vehicles (EVs) have no tailpipe emissions. Generating the electricity used to charge EVs, however, may create carbon pollution. The amount varies widely based on how local power is generated, e.g., using coal or natural gas, which emit carbon pollution, versus renewable resources like wind or solar, which do not. Even accounting for these electricity emissions, research shows that an EV is typically responsible for lower levels of greenhouse gases (GHGs) than an average new gasoline car. To the extent that more renewable energy sources like wind and solar are used to generate electricity, the total GHGs associated with EVs could be even lower. (In 2020, renewables became the second-most prevalent U.S. electricity source.1 ) Learn more about electricity production in your area by visiting EPA’s Power Profiler interactive web page. By simply inputting your zip code, you can find the energy mix in your region.
JD Power specializes in quality surveys, they do not study environmental impacts. Why would one cherry-pick an IQS on a year when the auto industry is reeling from supply chain snafus? I guess First thinks it’s relevant. The only thing JDPower helps determine is that Buick once again makes some of the highest quality vehicles and Americans continue instead to buy more vehicles from junk companies like Chrysler.
The economic magazine didn’t determine all environmental impacts, it used decade old data and attempted to assign a cost only to airborne pollution. It is hugely incomplete and doesn’t use current EV data either. EVs are dramatically better and relatively less costly than they were 10 years ago, while petroleum is much more expensive. Also lifetime ecological impact studies have a wide range of guesstimate so to yield any meaningful conclusions, you must adjust for local prices, driving habits, and mileage. Also the price of solar and wind power keeps improving while carbon intensive generation costs climb. First whiffs again. Don’t expect him to put the effort into correcting his claims with current data.
First doesn’t directly pay for his pollution, and he doesn’t care about anyone else, so he will never actually read or act on efficiency or pollution when he buys his next oversized land yacht to stroke his Oklahoma sized ego. But he will tell everyone what to believe because he thinks he knows everything.
Let’s dissect the tired old talking points of your typical idiot Libtard, shall we.
“So instead of using the power of American wind, solar, and hydro you demand that the nation remains addicted to imported oil?”
‘Imported oil’ is only imported if the country installs a half brain dead moron who issues executive orders ending other executive orders that made America energy independent. Wind, solar, and hydro just doesn’t cut it when supplying the energy needs of this nation. If it could, the energy companies would have no issue with that type of “green energy” because they wouldn’t have to spend all the money they do now in search of fossil fuel petroleum.
“That is a plain stupid plan for the future. But that is the republitard way — don’t invest for the future, just keep subsidies flowing to entrenched corrupt industries that tell you that patriotism = selfish consumerism.”
NO! What is a stupid plan is diminishing the capabilities of energy companies to supply ample energy to keep the country going without insuring that your battle cry of wind, solar and hydro can do the same so their is no lack of energy or pain to the businesses and the consumers to have them rely on a half baked notion of green renewable energy that can’t provide an adequate transition. That would be like changing horses in midstream. Not very prudent to do that. I’m more concerned of corrupt government picking winners and loser and the big guy getting his 10 percent while telling you that you must make sacrifices but not the political elite. By the way, how is Obama’s Solyndra doing?
“You might be able to get away with your wasteful lifestyle another generation. Your children and grandchildren, and all those precious unwanted fetuses will suffer the resource wars of the future, which the fat lazy USA is bound to lose if it doesn’t wise up.”
‘Another generation’? Would that be the generation in the year 2525 (if man is still alive) or what? How many times do we have to be told by moronic soothsayers with their crystal balls that if this isn’t done then the world is over and life as we know it would end? From Apple Board Member and 20 room mansion owner Al Gore, Ted ‘the whales are going to die’ Danson, Leonardo ‘Climate Change activist who flew on a private jet 8,000 miles from Cannes to New York City to pick up an award from a clean-water advocacy group at the Riverkeeper Fishermen’s Ball, then flew privately back to Cannes to attend an AIDS benefit gala 24 hours later’ DiCaprio, Toothy Brainless Barmaid AOC whose own dire prediction countdown clock is nearing its times up and let’s not forget teen sensation Greta ‘How Dare You’ Thunberg who reenforces the adage, children should be seen, not heard. When has any prediction that had a countdown clock ever turned out true? At least the useful idiots are getting wiser by extending their countdown time long enough so no one will be alive to be present to mark whether the prediction happened or not.
‘All those precious unwanted fetuses’, you mean future taxpayers to fill the coffers so green energy climate change activists idiots can piss that money away on things like Obama’s Solyndra.
‘Will suffer the resource wars of the future, which the fat lazy USA is bound to lose if it doesn’t wise up.’ Well then, we had better stop sending Ukraine all our currency resources to prepare for this so called resource war you and others keep saying but it has yet to manifest itself. So, you Progressive scum, this fat, lazy USA dude/dudette, I haven’t made up my mind, I’ll continue to use the current method of energy while dipshits like you try and figure out how to get your precious wind, solar and hydro to be energy compliant with the worlds needs and not just for the needs of the elite select few of the New Liberal World Order, which is ass-ho.
Firstfuck again demonstrates he’s not playing with a full deck.
How does additional domestic renewables and more efficient infrastructure “diminish” anything?
Can he name any single instance where an oil producer was blocked from actively producing oil in the last decade? It is true that unused land leases expired and were rebid, with other industries putting the unused land to productive use. That is a good thing since horizontal drilling technology can reduce the surface footprint of wells. Oh sorry, I mentioned the word technology. We all know Firstfucks website isn’t about technology.
Love how inflation numbers don’t count food and energy. Last time I checked people don’t live very long without food. They also will freeze to death without energy. How about using your precious smart phone without electricity. 90% of politicians suck.
One big fat politician not only sucks, he has Firsty sucking him off too. He should rename the website.
Inflation is almost always – including now – government-induced theft. Value is taken from you. And it is wrong to steal, even if it’s the government who does it. In that sense, inflation is immoral, as well as destructive and demoralizing. I don’t know if those who say that our current inflation is intentional are right or not, but I’m sympathetic to their claims. It seems our current elite want things to devolve into another emergency situation, so that they might retain power, regardless of what the electorate says or does. Again, I’m not sure if that’s true, but I’m sympathetic to the claim. It makes a lot of sense.
Lest anyone forget: Inflation is actually the government’s creation of more fiat currency which adds enormously (due to the “multiplier effect” of each additional transaction). The resulting skyrocketing prices of everything is the EFFECT of the profligate additional government spending and the bigger money supply.
Additionally, everyone gets pushed upward into higher tax brackets which completes the ripoff by insider banksters and government grifters. Plus, when we’re forced to sell equities at a loss to raise money to pay higher prices then we hand over even more to the banksters. This is about as succinct and accurate a definition of INFLATION as you are likely to find anywhere. You’re welcome!
Speaking of lying liars ….
https://www.theguardian.com/books/2022/jul/16/steve-bannon-trump-would-lie-about-anything-book-jonathan-lemire