Inflation remains high. There is no reason to believe that it is going to slow. The recent United States Producer Price Index came in over 7 percent and we know these numbers are manipulated to show lower inflation than actually exists.
⚠️BREAKING:
*U.S. NOVEMBER PPI INFLATION RISES 7.4% Y/Y; EST. 7.2%; PREV. 8.1%
🇺🇲🇺🇲 pic.twitter.com/DoOhTtuczN
— Investing.com (@Investingcom) December 9, 2022
Meanwhile the millennial sluts who run Joe Biden’s Twitter account are lying about incomes rising faster than inflation.
I campaigned to restore the backbone of this country: the middle class and unions.
Over the last two years that’s what we’ve been doing.
Americans are working.
The economy is growing.
Incomes are rising faster than inflation.— President Biden (@POTUS) December 8, 2022
The worst of both worlds is happening. Interest rates are being increased but not at levels to slow inflation. So we are seeing continued inflation while the higher rates are destroying the economy.
As bad as it is in the US, Europe is getting hit even harder. It’s bad all around and there are no policies being put into place to seriously improve the situation. Every policy that is being pushed is only going to make the situation worse.
