And That, Virginia, Is How You Get To 8.6% Inflation

13 Replies to “And That, Virginia, Is How You Get To 8.6% Inflation”

1. We just don’t understand the government’s computer models …

2. Math is hard. Lies are easy.

3. Chicken Breasts 20%Ham 25%
   Bacon 50%
   Diesel Fuel ~50%

   Human Sperm ~950%
   https://media.gettr.com/group23/origin/2022/07/05/04/59aec8d8-acb1-f749-1f02-e2f39845283c/18a70b34f13437482832cb345bdd8bb3_500x0.png

   1. “Unvaxed sperm – the new bitcoin”

      1. I wonder is mine too old?

4. Beer has room to move then

   1. You just reminded me of the XTC song “Dear God” …

      Dear God, hope you get the letter and
      I pray you can make it better down here
      I don’t mean a big reduction in the price of beer
      But all the people that you made in your image
      See them starving on their feet
      Cause they don’t get enough to eat from God
      I can’t believe in you

      Yeah … this Christian even likes English bands who issue seemingly anti-God songs (I’m not so sure that was the true meaning of this song). Because as we mature adults certainly should understand … God … doesn’t control inflation (in the price of beer or food) … but profligate government spending and printing of money sure causes it.

      So when we’re all “starving on our feet” … please don’t blame God. Blame the WEF, Biden, The EU, Communist China, Dr. Fauxci, …. and a host of other pseudo-scienci-elites who have intentionally BROKEN the greatest system for feeding people in the world … capitalism.

5. Inflation is 79% in Turkey

   1. Not sure where you are, but we’re only seeing 20% on turkey. 😉

6. Huge number of people, sitting at the movies or at concerts in their bathing suits, drinking beer and keeping the overall inflation rate down at 8.6%. Thank God for Beer or we would be in real trouble!

7. The price of fuel has doubled since last year. That’s a 100% increase not 50%.

   1. I repeat…lies are easy.

8. Saw a talking head on CNBC who blathered that “core CPI and PPI have already ‘rolled over’ by now”, as if that means lower inflation numbers are ahead of us.
   Of course, ‘core CPI’ doesn’t include “volatile food and energy prices”. I added it up. For our modest little home in Toronto with four adults, we pay $200/month for electricity, $150/month for gas, $1,000 for food, and $200/month for gasoline (probably more now; fillups that were $60 are now $80). The only bill we have that’s more than our combined $1600 food and energy budget is the mortgage. I suspect food and energy will be $2000 by the fall.