CPI jumps 5% in May of 2021, fastest since 2008
- Thread starter Matt Collins
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According to fbi gun sales in first quarter this yr only 68 percent of last yrs numbers . Looks to coincide with the govts own number of an economy in the negative. Economy is recessed if gun sales are down certainly . Here in the old Northwest Territory , Indiana Territory ( Land of Indians ) and The Gore we are in the top four per capita so far for gun sales this yr . Hoosiers doing part making america Great .
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Madison320
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I'm not big on conspiracies but there's got to be a lot of pressure to "rework" the cpi.
It's already way underreporting inflation. Practically every other common measure of inflation is well into double digits. Gas, food, cars, homes, etc.
Inflation is double digit and has been over a yr with housing probably nearing 20 percent , groceries over 33 percent etc. Third world stuff.
it is almost as if the inflation cant be stopped , just think , if the economy tanked tomorrow the retard congress would give out trillions in unemployment bonus to equal more than the avg income person was making when working and inflation would just keep on chooglin ' .
I think they are calling it 8.3 percent . Very little difference from March.More where that came from i'd say for next month. S & P down about 17 percent from Jan high . Dow looks like it could actually dip below 32k for the first time in a long time.Anyway , i have all my property tax pd so i get to keep what is mine for another yr. Groceries , gasoline , utilities , new and used cars all still double digits .Avg 30 yr mortgage rate cracks 5 1/2 percent with purchase activity rising the past two weeks as the rates go up.
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Bank of america says S & p could drop another 28 percent between now and end of Oct, Iran raises food prices ,US producer prices continue to rise double digits , 11 percent over last Apr up a half percent from last months 10 1/2. Glad I'm about done with my Christmas shopping . Danke struck off this years list as a deserter.
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Consumer sentiment lowest than in over a decade . Drop of six from last month . Predictions were off by 7.8 percent .Very bad sign for the next 6 weeks . Consumer sentiment lowest in 13 years . Americans , dullards that they are just figured out income will not be equal to the inflation.
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