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2022-10-10 Economy

Local Bakery's Post on Inflation Is Jarring and Shows How Much Trouble We Are In

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Posted by Besoeker 2022-10-10 01:51|| || Front Page|| [6 views ] Top

#1 Looks like about triple the official inflation rate of 8.5%?

Posted by Glenmore 2022-10-10 09:28|| 2022-10-10 09:28|| Front Page Top

#2
Still waiting for a realistic Social Security COLA number. The 8% suggested BS doesn't cut it.

As seen posted around the Net.
Since the Fed's can and have printed/created $$$$ as they need it ($33T in national debt) then why do they tax us?

Posted by NN2N1 2022-10-10 09:29|| 2022-10-10 09:29|| Front Page Top

#3 Inflation is a tax. Either taking directly by taxation or indirectly through inflation reduces what you have to live with in the society.

Posted by Procopius2k 2022-10-10 11:36|| 2022-10-10 11:36|| Front Page Top

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