Inflation: CPI records biggest surge since 2008

[quickfeet]

Duh

The cost of living posts biggest surge since 2008, U.S. CPI shows, as inflation spreads through economy

The cost of living leaped in June by the largest amount since 2008 as inflation spread more broadly through the U.S. economy, raising fresh questions about...

www.marketwatch.com

 

[Rebarcock.]

Don't need the gub.int telling me prices are up.
This causes people to just in time inventory product. Itll get way worse before it gets better

 

[quickfeet]

Don't need the gub.int telling me prices are up.
This causes people to just in time inventory product. Itll get way worse before it gets better

I’m with you man. I think this is gonna get ugly and it’s gonna wreck everyone that’s not holding tangible assets

 

[America 1st]

I’m with you man. I think this is gonna get ugly and it’s gonna wreck everyone that’s not holding tangible assets

I don't think it will be too bad for people with assets.

It's gonna be the poor folks that make up a majority of this country that are going to grow even more poor.

Folks with homes and thousands of shares in multiple companies plus a mutual fund or two will be fine.

Folks that were already unable to get out of renting and who view their tax returns as the biggest bright spot of the year are going to get completely raw dogged IYAM.

 

[absoluteUnit]

I don't think it will be too bad for people with assets.

It's gonna be the poor folks that make up a majority of this country that are going to grow even more poor.

Folks with homes and thousands of shares in multiple companies plus a mutual fund or two will be fine.

Folks that were already unable to get out of renting and who view their tax returns as the biggest bright spot of the year are going to get completely raw dogged IYAM.

It’s true and very sad