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This is the Highest Inflation Ever, By a Lot – Investment Watch

by IWB
May 12, 2022
in Markets
Reading Time: 3 mins read
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by Chris Black

The factor with the very best inflation since 1981 is a canard.

Simply one other mega hoax.

Numbers out this morning put inflation at an alleged 8.3%, and the entire media is claiming that that is “at a 40-year excessive.”

BREAKING: Inflation soars 8.3% in April, hovering close to 40-year excessive t.co/qO7Xhznzqb pic.twitter.com/edAVkQEHE6

— Fox Information (@FoxNews) May 11, 2022

Inflation simply got here in at 8.3%.

Wild 🤯

— Pomp 🌪 (@APompliano) May 11, 2022

As I already stated in certainly one of yesterday’s articles: how can each events conform to ship $40 billion to a overseas nation throughout an inflation disaster whereas folks can’t purchase child system?

Straightforward, we’re within the looting the treasury section of imperial collapse.

Everybody is aware of you’ll be able to’t put it again collectively so simply take every little thing you’ll be able to.

57 Republicans made the Honor Roll yesterday. Biden will print the billions Congress voted to ship to Ukraine which is able to additional exacerbate the document excessive inflation we’re experiencing.

LATEST: S&P 500 futures drop after inflation information t.co/uGJnlow2th pic.twitter.com/gKq85ZHYWE

— Bloomberg Markets (@markets) May 11, 2022

APRIL INFLATION BREAKDOWN:

Fuel +44% y/y
Airfare 33%
Eggs 23%
Utility gasoline 23%
Used automobiles 23%
Accommodations 23%
Bacon 18%
Hen 15%
Milk 15%
Furnishings 15%
Espresso 14%
Beef 14%
Flour 14%
New automobiles 14%
Fish 13%
Electrical energy 11%
Medical insurance 10%
Lease 5%

— Election Wizard 🇺🇸 (@ElectionWiz) May 11, 2022

It’s not truly at a 40-year excessive. It’s the very best inflation ever.

They’ve repeatedly modified the way in which inflation is calculated after which in contrast the numbers calculated utilizing the newer – and rather more dishonest – strategies to earlier numbers that have been calculated in one other approach.

Surprisingly sufficient, this text from 2011 remains to be on-line and truly explains this case fairly effectively.

Peter Schiff is correct about one factor and it’s this.



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Tags: highestInflationInvestmentLotWatch
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