The Consumer Price Index report showed an 8.5 percent increase in consumer prices last month.
Price increases over last year:
Fuel oil: +75.6%
Gasoline: +44%
Gas utilities: +30.5%
Electricity: +15.2%
Food at home: +13%
New cars: +10.3%
Overall CPI: +8.5%— unusual_whales (@unusual_whales) August 10, 2022
⚠️BREAKING:
*U.S. STOCK INDEX FUTURES SURGE AFTER BETTER THAN EXPECTED U.S. CPI INFLATION REPORT
🇺🇸 🇺🇸 🚀🚀🚀 pic.twitter.com/C83IO1H31m
— Investing.com (@Investingcom) August 10, 2022
The Jew media is going to sell this as good news as it was expected to come in slightly higher than what was reported.
It’s all bullshit though. These numbers don’t mean anything because of how manipulated they all are. It’s only important in the context that even with all the manipulation, they are still being forced to report a relatively high inflation figure.
The real inflation rate is around 20 percent if not higher. I don’t care what any of these fake numbers say. Sure, gas prices have gone slightly down in the past month or so but that’s only because of demand destruction, a terrible economy and maybe partially because of the Biden regime draining strategic oil reserves.
Inflation remains totally out of control and there is no plan to fix any of it. The people in charge actually want this to continue.
