Expect more inflation in coming months

[Boiler Buck]

After a record 9.1% inflated prices we can continue to expect more inflation in coming months.

Why? Follow the Producer Price Index or PPI which gives some indication of wholesale prices being paid by producers of products. If high, producers simply pass on costs to consumers.

Well @ a record 11.3% PPI -- expext more pain down the road. SAD.

While I applaud a tightening money supply under these conditions, energy costs (see article) are the death blow for producers.

This administration's green energy plan is just killing the poor and middle class. Not your old Democrats who cared about the people.

Social & environmental justice, that is what is important don't ya know.

But NOT caring about clean air and water that matters alot (ask BNI about Gary)......NO, the new environmentalist is way different. The new environmental warrior is all about climate change. Climate justice and carbon. Don't get these new climate environmentalist justice warriors confused with the great guys cleaning our air & water of the 60s, 70s & 80s who actually did alot of good.

Producer price index June 2022: Gain 11.3% on surge in costs

Wholesale prices shoot up near-record 11.3% in June on surge in energy costs

The producer price index, a measure of the prices received at the wholesale level, increased 11.3% from a year ago.

www.cnbc.com

 

[tearsforfears]

After a record 9.1% inflated prices we can continue to expect more inflation in coming months.

Why? Follow the Producer Price Index ir PPI which gives some indication if wholesale prices being paid by producers of products. If high producers simply pass on costs to consumers.

Well @ a record 11.3% PPI -- expext more pain down the road. SAD.

While I applaud a tightening money supply under these conditions, energy costs (see article) are the death blow for producers.

This administration's green energy plan is just killing the poor and middle class. Not your old Democrats who cared about the people.

Social & environmental justice, that is what is important don't ya know.

But NOT caring about clean air and water that matters alot (ask BNI about Gary)......NO, the new environmentalist is way different. The new environmental warrior is all about climate change. Climate justice and carbon. Don't get these new climate environmentalist justice warriors confused with the great guys cleaning our air & water of the 60s, 70s & 80s who actually did alot of good.

Producer price index June 2022: Gain 11.3% on surge in costs

Wholesale prices shoot up near-record 11.3% in June on surge in energy costs

The producer price index, a measure of the prices received at the wholesale level, increased 11.3% from a year ago.

www.cnbc.com

So what does this issue that actually impacts normal Americans have to do with January 6th and a president ATTEMPTING TO OVERTURN ELECTION RESULTS FOR THE FIRST TIME IN HISTORY??????? AHHHHHH!!!!

 

[TeddyValentineDidNothingWrong]

lol what green energy plan? Literally none of the proposed progressive climate legislation is going to pass

 

[Boiler Buck]

lol what green energy plan? Literally none of the proposed progressive climate legislation is going to pass

Besides new regs on business ...mainly so far the President's green energy plan is to use new regulation & mandates to drive up cost of fuel. So far his regs have closed 5 refineries. shut down a pipeline. and limited new American drilling.....

Bottom line, they have successfully raised cost of gas on all Americans so we in turn will
jump to EV&PHEV cars quicker. Its the New World order way. Thanks Biden.

 

[Hausta01]

This assumes the "old democrats" cared about the poor and middle class.

Edit for more context: The "old democrat" FDR completed the largest federal power grab of all time, while also threatening to pack the courts (some things never change). I wager "old democrats" are the same as new ones, the starting point is just different.

 

[Boiler Buck]

This assumes the "old democrats" cared about the poor and middle class.

Edit for more context: The "old democrat" FDR completed the largest federal power grab of all time, while also threatening to pack the courts (some things never change). I wager "old democrats" are the same as new ones, the starting point is just different.

Yep.
While an argument possibly can be made that the Dems of JFK & earlier cared about the middle class (even though, like all political parties, they really just cared about power).....there is NO WAY one can make that argument now with the green new world order DEMs....where its all about "justice".