Wholesale inflation at 13.2%

[Americanhero1]

Thank your Comrades and central planners in the People's Republic of DC.

Inflation at the wholesale level rose 1.1% last month. It rose at a similar amount in February and January. We are now experiencing an annualized rate of wholesale inflation of 13.2%.

Oh, but don't worry, the "core" rate (pretending you don't use electricity, gas, or food) is only .2%. Rejoice! Just don't eat, go to work, or turn on the lights and you will not experience inflation!

This inflation is related to the prices in our economic supply chain. IE, if Tyson increases the price they charge your grocery store for chicken. If your grocery store has a profit margin, they can eat the cost for a while and you may not experience the full increase.

The way this rate has been going (as high as 2.6% last November) you will and are experiencing this price increase.

At what point will you guys wake up and realize that the government causes most of our large scale problems through overspending and inflating the money supply? The fed is pumping in $200 billion a month now. That is huge huge huge inflation.



http://biz.yahoo.com/ap/080415/economy.html

[Maimonides]

Basically liberals who support big government welfare policies and conservatives who support big empire intervention aka nation-building are both to blame.

The fact is the U.S. cannot have either guns nor butter at their current levels.

[briann]

Basically liberals who support big government welfare policies and conservatives who support big empire intervention aka nation-building are both to blame.

The fact is the U.S. cannot have either guns nor butter at their current levels.

hahahaha

I agree that guns are getting more expensive... but Im still having no problems buying butter.   

[Baltimore]

Seriously, if you can cut down on driving and turning on your lights then you should. Every little bit counts.

"We are now experiencing an annualized rate of wholesale inflation of 13.2%."

I agree that it is something like that but you will never see it printed anywhere.

[briann]

The inflated prices we are paying for gas are helping to fund the Jihad.

So basically.... we can call this inflation... Islamic Inflation.