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Inflation was at 18% in November of 2022 using the old formula. Everybody's instincts were right..

submitted by Crackinjokes to news 2 weeksApr 13, 2024 20:55:45 ago (+32/-1)     (www.forbes.com)

https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula/

By the way having inflation be at 18% is pretty close to Weimar currency crashing. I mean we're not at wheelbarrows full of cash to buy a potato yet but this is how that starts.


19 comments block


[ - ] Belfuro 5 points 2 weeksApr 13, 2024 22:04:52 ago (+5/-0)

It's worse than inflation.

They not only devalued our dollar.

They prevented us from benefiting from anti inflation measures.

Denying loan requests, removing currency at a fed level, etc.

No capital gains for goyim!

You see the goal is clear now.

Get us debt addicted.

Crash the economy.

Steal everything in the name of debt defaults.

Even the mortgage free are going to possibly lose their homes

[ - ] PotatoWhisperer2 3 points 2 weeksApr 14, 2024 00:27:00 ago (+3/-0)

Get us debt addicted.

That's how they got the monarchies of the world to crash. Once the king owes, he has to go to war, killing his people and his brother-people.

[ - ] Belfuro 2 points 2 weeksApr 14, 2024 01:14:55 ago (+2/-0)

That and fund both sides of a war.

Any change the opposing sides to be equally balanced to maximize death and wealth destruction.

Ww1 was the most brazen example.

[ - ] PotatoWhisperer2 0 points 2 weeksApr 14, 2024 01:18:47 ago (+0/-0)

WW1 was the most brazen example.


It was their "greatest" accomplishment. In a sick, jewy sort of way. WW2 was just a continuation of that. And now they own the world.

[ - ] GottaGasEmAll 0 points 2 weeksApr 14, 2024 00:58:54 ago (+0/-0)

How would people without mortgages lose their houses? Like huge property tax increases and no wage increases? Thats horrifying

[ - ] Belfuro 2 points 2 weeksApr 14, 2024 01:17:35 ago (+2/-0)

1. Cost of living increases.

2. Get councils massively in debt to force property tax rises.

3. Stagflate wages.

4. Make it harder and more dangerous to employ.

5. A lot of people stored their wealth in bricks and morter. Crash the value of it so little can be withdrawn.

6. Crash the rental property market. No rents for thee.

I'm sure there are plenty more.

[ - ] Sector2 1 point 2 weeksApr 14, 2024 15:08:46 ago (+1/-0)

2 Beds - $4,041

Average rental cost per month, down from $5,500 last year. (rent.com)

the median price for homes stands at $1.1 million

Down from $1.6 last year.

[ - ] Belfuro 0 points 2 weeksApr 14, 2024 22:35:39 ago (+0/-0)

My property developer friend tells me his rentals are no longer covering the costs.

Hard to fill tenancies plus interest rate hikes.

This is what I based my comment upon.
Speculation

[ - ] 2plus2equals5 2 points 2 weeksApr 14, 2024 08:34:55 ago (+2/-0)

In less than one single decade I've paid more in city property taxes with two small old properties than I paid for my house. (Over 50 years that adds up to a million fucking bucks. no fringe benefits included.)

For those with cash, or borrowing connections, a recession is the time to buy the real estate leftovers which actually make it to the public advertising level and not scooped up by someone's cousin or blackrock swooping in with cash. For everyone else it's a time to hone up on their criminal skills to make rent and expect to own nothing.

[ - ] Cantaloupe 1 point 2 weeksApr 14, 2024 01:13:00 ago (+1/-0)

Not likely. If a town raised property taxes the citizens would ask what for.

[ - ] Clubberlang 5 points 2 weeksApr 13, 2024 21:58:07 ago (+5/-0)

Remember no president in the history of America has been reelected when The Peoples concerns are based on the economy.

If 0biden "wins" again he'll magically make (((history))).

[ - ] dosvydanya_freedomz 3 points 2 weeksApr 14, 2024 01:14:58 ago (+3/-0)

4 dollars for a hashbrown, GTFO

A two cheeseburger meal that used to cost 3 or 4 bucks now costs 8 to 10 bucks??

and this is nothing when the effects of the bird flu are passed on the consumer. my sister took a picture of red meat costing 90 bucks in some state up north.

the want mass suffering, they gave us the first taste of it during the CONvid scam and now they are going to make ppl go humgry at night. a hungry ppl that is always looking for the next meal wont be thinking much of anything else

starvation as a weapon has been used many times in communist countries and during history too.

they want you weak, demoralized and diseased. the perfect trifecta for oppression

[ - ] prototype 0 points 2 weeksApr 14, 2024 03:39:18 ago (+0/-0)

If they do the bird flu 'outbreak'/disease x gambit, all bets are off.

[ - ] Fascinus 3 points 2 weeksApr 13, 2024 23:41:29 ago (+3/-0)

[ - ] RedBarchetta 1 point 2 weeksApr 14, 2024 09:14:48 ago (+1/-0)

Shit still costs more. Its not a feeling, it's the fact our money is not going as far. Groceries cost more. Rent and Mortgage is increasing. Taxes, TAXES have increased!

As of the third quarter of 2023, the average credit card balance in the United States was $6,501, which is a 10% increase from 2022. This is the first time the average has exceeded $6,000 since 2019. The average card debt among cardholders with unpaid balances in the fourth quarter of 2023 was $6,864, which includes debt from bank cards and retail credit cards.

[ - ] BulletStopper 1 point 2 weeksApr 14, 2024 04:14:53 ago (+1/-0)

Article sounds as if it was written by someone who hasn't had to worry about buying their family's own groceries in the last 4 years.

[ - ] Prairie 1 point 2 weeksApr 14, 2024 02:24:08 ago (+1/-0)

Come on, if it were really bad things like gold and silver would be up.

Oh...

[ - ] UncleDoug 0 points 2 weeksApr 14, 2024 05:49:25 ago (+0/-0)

Inflation is a direct result of the jabs back in 2019.

[ - ] 4thTurning 0 points 2 weeksApr 14, 2024 02:26:06 ago (+0/-0)

You are not supposed to experience any inflation.

Inflation is them stealing from your future.