More great news on the war against inflation! The Consumer Price Index increased just 0.2% in July, or 2.4% per year. Last spring inflation was running at over 9%. The markets are rising on the news, and so should our spirits!
@georgetakei This is the equivalent of plugging a hole in a boat. Here's to a couple years of deflation (a negative number) to get the prices back down and raise the boat back up.
@georgetakei every time I go shopping at the grocery store my spirits go down
@georgetakei This should be labeled as misinformation.
@georgetakei You haven't been to the grocery store lately, have you?
@georgetakei that's all right for you over there (writing from Plague Island, aka the UK)
@georgetakei Thankfully, we didn't have to wear any WIN (Whip Inflation Now) buttons as during President Ford's time #History https://traffic.libsyn.com/yinhistory/EP35-Economic_Crises.mp3