LOVE from POTUS Biden, oh, he is giving us much love with 9.1% inflation!; thanks POTUS Biden and the inept morons around you, thanks, we wanted this; FED is eying a 'JUMBO' 1.00% hike now? wtf?

by Paul Alexander

Fire your team POTUS Biden, it ain't too late, they are corrupted & inept & rabidly American hating, they are damaging this greatest nation, fire them all; we are clusterphucked under Biden's team!

It ain’t peaking, more surging inflation to come and now FED is saying 1.00% rate hike? Can we withstand 3 years of Biden et al.? We cannot and he must fire the idiots, the US hating people around him. This did not happen under Trump and thus these people have no idea what they are doing, such as now pushing for a 4th shot (2nd booster) when the vaccine is failed and is driving the variants.

We se just 18% want Biden to run again and this is an incredible message to the Biden team. It is over! No more Biden

We are clusterfucked with the Biden team! And start by firing that dolt, that idiot, that moron COVID advisor Dr. Ashish Jha, he was the ding dong who called Risch, McCullough, etc. frauds and snake oil salesperson. This guy is dangerous and wickedly stupid when you listen to him. He is clearly outside and out of step and not contemporary with any of the science. So much of an idiot, he even had to admit that he had seen no COVID patient, yet was lecturing and insulting people like Dr. George Fareed and McCullough and Zelenko who treated thousands. Idiot!

SOURCES:

Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify

Bonds Slump as Inflation Surge Fuels Bets on 100-Basis-Point Fed Rate Hike

US inflation reached a new 40-year high in June of 9.1%

Fuel prices up 60%, Airfare up 34%, Eggs up 33%.

Excluding volatile food and energy prices, so-called core CPI increased 5.9%, compared with the 5.7% estimate. Core inflation peaked at 6.5% in March and has been nudging down since.

On a monthly basis, headline CPI rose 1.3% and core CPI was up 0.7%, compared to respective estimates of 1.1% and 0.5%.

Taken together, the numbers seemed to counter the narrative that inflation may be peaking, as the gains were based across a variety of categories.

  • The consumer price index increased 9.1% from a year ago in June, above the 8.8% Dow Jones estimate.

  • Excluding food and energy, core CPI rose 5.9%, compared with the 5.7% estimate.

  • Costs surged for gasoline, groceries, rent and dental care.

  • Adjusted for inflation, workers’ hourly wages fell 1% during the month and are down 3.6% from a year ago.