I've got koffee, bacon, crackers, soup, ENVY m6 and F-150 still plugging along. Not sure I have an urgent need for anything sitting at anchor off the California coast. | Submit your comments on this article |
| Economy |
| Another Month, Another Big Inflation Report |
| 2021-11-10 |
| WASHINGTON (AP) ; Inflation at the wholesale level rose 8.6% last month from a year earlier, matching September's record annual gain and offering more evidence that inflationary pressures are not yet easing. ... A 6.7% jump in wholesale gasoline prices helped drive goods prices up. Mostly dormant for decades, inflation has returned to the United States this year. The economy's strong rebound from the 2020 coronavirus caught many businesses by surprise. Their scramble to meet unexpectedly strong demand ... Typically I will use the BLS write up but the AP used the word 'unexpectly' so I decided to use their write up since I like it when the AP pretends to confess other people's ignorance. |
| Posted by:Lord Garth |
| #20 Insulting doesn’t persuade. On the other hand, why bother spreading your pearls before swine? On the third hand, there are graceful ways to say “Toldja so!”, especially coupled with the next prediction, which may or may not prove right. Choose one, please. |
| Posted by: trailing wife 2021-11-10 22:43 |
| #19 I posted here no more than 2 months ago about the average inflation of American goods and services being 18% on average for the period ending Aug2021 and the coming period being 21% on an average. I was ridiculed... RANTBURG GFYS (Go F-CK Your Selves) Your IDIOTs With NO Economic Education amonst yourselves . you a FN Idiots |
| Posted by: Ulereger Omack4469 2021-11-10 22:34 |
| #18 Nov 2020 inflation was -0.06 Dec 2020 inflation was +0.09 Fat fingers. |
| Posted by: Sneaque Flenter9480 2021-11-10 17:42 |
| #17 Last 2 months data will look even worse since inflation in the last 2 months of 2020 was essentially 0. Nov 2020 inflation was -0.06 Dec 2020 inflation was +0.06 BTW, all wage gains last year have been wiped out and then some by inflation this year. USA is getting poorer. |
| Posted by: Sneaque Flenter9480 2021-11-10 17:41 |
| #16 Was at Home Depot the other day, charcoal that used to be about $12 and change now $14 and change. Looked at some lumber (that I fortunately do not need) and almost split a gut checking the prices. I'm in no danger of going in there to casually shop until Let's Go Brandon and his malevolent economics are gone. |
| Posted by: M. Murcek 2021-11-10 16:24 |
| #15 Appliances 10-15%; hopefully no end of 2nd Quarter Price Listing Review. |
| Posted by: swksvolFF 2021-11-10 16:19 |
| #14 #9, actually, I had been trying my best to forget the 1970s. But I guess I'm getting a refresher here. |
| Posted by: Tom 2021-11-10 13:24 |
| #13 Soros made his fortune by arbitraging the British Treasury and crashing sterling in the early 90s. Does this master manipulator (or his sons) have a hand in the absurd and disastrous policies we're now seeing from this administration? |
| Posted by: Merrick Ferret 2021-11-10 12:23 |
| #12 Just follow the media. Biden is president. No need to fear or worry, be happy. So what, big deal move along. |
| Posted by: Dale 2021-11-10 12:18 |
| #11 Is Soros pulling the strings? |
| Posted by: Merrick Ferret 2021-11-10 12:04 |
| #10 The facade of Bidet being anything other than a Mr Bluster (look up howdy-doody puppet show on google)has become utterly transparent. First the payments to illegals reversal, and now the oil pipeline shutdown study make it apparent that he is only aware, dimly, of whatever the last script said or the earpiece muttered. The Kalorama White House staff in the offices surrounding this snile fool are taking orders from Obama 3.0 and the Marxist plan create the USSA. |
| Posted by: NoMoreBS 2021-11-10 11:52 |
| #9 Remember the '70s? Whip Inflation Now Misery Index "A crisis of confidence in our nation" Malaise "the Moral Equivakent of War [M.E.O.W.]"? America's enemies, on the march Epic crime waves, soaring murder rates Race-hatred, division, cultural decline, drugs Well, the 70s are back. "Back and badder than ever" |
| Posted by: Merrick Ferret 2021-11-10 11:16 |
| #8 Turns out the year over year CPI increase in Oct was "only" 6.2% as opposed to the 8.6% WPI (as announced this a.m.). The BLS data on wage rates for Oct isn't due for another 2 weeks but the Sept20 to Sept21 increase was 4.2% so a net loss of about 2%. Awful. Really Awful News. |
| Posted by: Lord Garth 2021-11-10 11:06 |
| #7 one of the humor sites attributed the loss of the VA Gov race to supply chain issues as 50,000 Democrat votes were on a ship awaiting docking at Long Beach, CA. |
| Posted by: Lord Garth 2021-11-10 10:49 |
| #6 /\ If I stay well and need no meds, I may be alright. If at some point I need Big Pharma.... I may be up the creek without a paddle. |
| Posted by: Besoeker 2021-11-10 10:49 |
| #5 I've got koffee, bacon, crackers, soup, ENVY m6 and F-150 still plugging along. Not sure I have an urgent need for anything sitting at anchor off the California coast. |
| Posted by: Besoeker 2021-11-10 10:33 |
| #4 Unilever's CEO dares to speak truth to our moron-rulers: "We are seeing commodity inflation across every type of input cost that we have — agricultural commodities, petrochemical commodities, paper and board, transport, logistics, energy, labor — all are moving in an upward direction..." |
| Posted by: Merrick Ferret 2021-11-10 10:32 |
| #3 'Transitory' - Lol This administration is so completely incompetent, their own corporate lackeys are now demolishing their lies Big business bosses are warning that supply chain issues and inflation are here to stay |
| Posted by: Merrick Ferret 2021-11-10 10:27 |
| #2 The current inflation is "transitory." Problem is, neither we or our children will live long enough to experience the "transition." |
| Posted by: Besoeker 2021-11-10 10:19 |
| #1 And the hits just keep on comin'... How much longer will we tolerate kakocracy? |
| Posted by: Merrick Ferret 2021-11-10 09:48 |