US Economic Recovery Watch

14 Replies to “US Economic Recovery Watch”

1. Yup, on trend with the mainstream media’s numbers…

2. At least Powell hasn’t YET followed Tiff Macklen and his Bank of Canada. When CPI inflation in Canada rose way faster than the Bank imagined they simply changed the weightings and components of CPI.

   Must get the numbers under control for next month’s election. Nothing is being left to chance. Trudeau and his Liberals must win their majority government at all costs.

3. I guess his wife does the shopping and he does not look at the bank statements.

4. Dude is an idiot or a liar.
   Or both.

5. My local Union 76 station just raised their unleaded gas price (87 octane) from $4.53/gal. to $4.69/gal. Just this last week.

   When the worldwide economy CRASHED in 2009 … gasoline prices spiked up to $5.00/gal. Yeah, yeah, THAT crash was because of “credit default swaps” … yeah, yeah … “credit default swaps” didn’t drive you to work in the morning. “Credit default swaps” didn’t deliver your Amazon goodie shipped all the way from the Yuhan Province. Nope … gasoline did. And when gasoline drives the cost of goods and services beyond what people can pay? Dum de dum dum!! Here comes the CRASH!

   1. Try this table!

      https://bayourenaissanceman.blogspot.com/2021/07/oh-about-that-inflation-thing.html

   2. We should be so “lucky” Kenji my boy! Yet, your price translates very closely to our own prices, go figure!

      Your 4.69 translates to $7.44 Canadian per Canuck gallon.

      Our premium, cheapest at 1.69/litre here in Greentard Lotusland, translates out to 5.04 American per your gallon. Never thought I would see the day that your gas would be virtually as expensive as ours. Looks like Newsome was jealous of all that tax dough that greedy, corrupt Canuck Politishuns were stealing

   3. Sorry, Kenji, but you wreckers should sit down and shut up. California is in year Zero – the model for the global reset- and they are building Utopia.

      Accordingly, no dissent will be allowed to poison people’s minds with disinformation: “ the peasant is a blank page, on which beautiful characters may be written. Mao Tse Tung “

6. Went to the store last week and noticed my favorite mayonnaise now comes in a 30-ounce quart. Did that little 6% price increase get figured into the temporary inflation? I’ve noticed a lot of my groceries are now coming in a new compact package, and I don’t think they’re going back.

   1. Manufacturer’s have been doing this for years. Reduce the quantity of goods in a container while increasing the price. The container looks the same but it actually contains less. Examples…
      Cream: used to be 250 ml now 227ml
      Chips; a “family” size bag is 220-240 gms depending on the flavour. Not long ago it was 280-320 gms.
      A can of Heinz beans has the same “fluid weight” but contains more water than it used to.
      The majority of shoppers don’t notice how we have been getting shafted by food manufacturers.

      1. Yup, I’ve seen it as well. A small example, I’m partial to fresh lamb rack, and usually buy it weekly. When I first started buying it, there were ten ribs in each rack. Then it became nine, and now it’s down to eight. Somehow though, the price creeps in the other direction. funny that huh! I must admit I never noticed the volume reduced packaging. I’ll be noticing it now, so thanks for that. The other irony though, is that my income doesn’t creep up as well. Funny that too! It’s probably all arranged to assist with getting to the owning nothing and being happy part.

   2. Temporary. LOL.
      https://www.bloomberg.com/opinion/articles/2021-06-24/shrinkflation-is-the-grocery-store-s-inflation-secret

7. No audio again. What gives?

   1. Audio was okay for me (Mozilla Firefox browser).