Wait, How Much Have Groceries Gone Up? Government Claims 20% over 3 years. Real Life IS Closer to 100%. D.C. Is Utterly Corrupt. NIFO
Posted by freedomforall 3 months, 1 week ago to Government
The scum in D.C. HAVE to claim inflation is low or they'd be burned at the stake.
Roasting them alive would be the right response, imo.
Excerpt:
"The most startling moment in the CNN debate last week between President Joe Biden and former President Donald Trump was not from the candidates. It was from moderator Jake Tapper, who said with a straight face as if it were just the science that grocery prices were up by 20 percent since President Biden was elected.
I had a hard time getting past that moment, and I suspect that many watchers did too. Just by the way, even if the current rate is lower than the past rate, that doesn’t mean that prices are falling. It means that they are rising more slowly. For some reason, maybe people, even professional journalists, don’t seem to understand that point.
Millions were watching. Intuition tells me that millions of people were stunned and thought to themselves or said out loud: no way. Truly, is there a single living soul in America who lives on a budget, watches their spending, and who believes that their grocery bills are only up by 20 percent in three years?
Well, as it turns out, Mr. Tapper could have cited the leading authority on that statistic. It’s the Bureau of Labor Statistics (BLS) as reported by the Federal Reserve. The precise number is 20.8 percent.
The trouble is that this fits with no one’s experiences. People on social media are posting receipts showing grocery prices up by anywhere between two and 10 times that rate.
In one viral video that offered receipts, a man bought 45 items (he says a full month of groceries) two years ago for $145. WalMart’s software allows him to reorder that now. He tried it just as a test. The new price: $414.
That’s an increase in two years of 185 percent! If we stretch that to three years assuming no inflation in the first, that’s an annualized increase of 61 percent. Over two years, it’s 92.5 percent."
Roasting them alive would be the right response, imo.
Excerpt:
"The most startling moment in the CNN debate last week between President Joe Biden and former President Donald Trump was not from the candidates. It was from moderator Jake Tapper, who said with a straight face as if it were just the science that grocery prices were up by 20 percent since President Biden was elected.
I had a hard time getting past that moment, and I suspect that many watchers did too. Just by the way, even if the current rate is lower than the past rate, that doesn’t mean that prices are falling. It means that they are rising more slowly. For some reason, maybe people, even professional journalists, don’t seem to understand that point.
Millions were watching. Intuition tells me that millions of people were stunned and thought to themselves or said out loud: no way. Truly, is there a single living soul in America who lives on a budget, watches their spending, and who believes that their grocery bills are only up by 20 percent in three years?
Well, as it turns out, Mr. Tapper could have cited the leading authority on that statistic. It’s the Bureau of Labor Statistics (BLS) as reported by the Federal Reserve. The precise number is 20.8 percent.
The trouble is that this fits with no one’s experiences. People on social media are posting receipts showing grocery prices up by anywhere between two and 10 times that rate.
In one viral video that offered receipts, a man bought 45 items (he says a full month of groceries) two years ago for $145. WalMart’s software allows him to reorder that now. He tried it just as a test. The new price: $414.
That’s an increase in two years of 185 percent! If we stretch that to three years assuming no inflation in the first, that’s an annualized increase of 61 percent. Over two years, it’s 92.5 percent."
Let's not forget this fraudulently calculated rate of inflation was conceived under Jimmah Carter, to exclude the most important items in our lives... food and energy to make his disaster of a presidency look better than reality.
This fraud continues to this day.
Those of us on a fixed income and the working class suffer the most under this cruel hoax.
Honesty in government is dead.
This is just the first step in paving the way to mass starvation, killing off millions, and keeping the survivors as slaves.
Just look at what Stalin did to the Ukranians.
"You vill eat ze bugs, und you vill be happy!"
Soylent Green, here we come.
Straight up, food has way more than doubled. I was paying $10-$12/day for my all-beef diet. Usually a ribeye, or 3lbs of hamburgers.
Now... While the hamburger patties are NOT too bad, they are like 20-25% higher. But the Ribeyes. OMG.
$10-$12 bought a NICE ribeye back in the day. Now they cut them thinner and they are $15/lb. Pretty close to double! And the quality is falling.
Food prices keep going up like this and our retirement will have 2 new cornerstones:
1) Reverse Mortgage
2) Organ Harvesting
LOL
We have already removed 1 meal/day.
We've changed our shopping habits.
Now, we can afford the food. But to suggest they average family is spending only 20% more for groceries is so far removed from reality that it strains credulity.
the whole biden is ok lie they told for years is case in point number 1
biden HAS NEVER been qualified to be in the oval office, the last 4 years just being much worse
They had decided that Biden was done for as a candidate and would lose to Trump. Time to make a switch, but in a way to make biden give up on his own.
If Kamel-brain wasn't VP they'd have had him Arkancided by now.
Right now, things are in "trial balloon" stage to see the impact of his departure and the likelihood of a replacement winning against trump. Biden will have to stay as president until his term is over, though, or Kamala will wind up as president which NO one wants.. He will just NOT be a candidate for a second term. If Biden is not a candidate, doesn't that automatically throw the whole VP choice up in the air at the convention also? Kamala is OUT I think as a VP candidate
They make all policy decisions to benefit themselves and to steal from those who have no political pull.
George Carlin was right.
It's a big criminal gang and we aren't members.
Time to NIFO.
The problem that governments have is that they try to hide the debasement through propaganda. Unfortunately for them, people go out and buy things and see first hand how much they cost.
I can tell you that 2 liter bottles of walmart brand soda that used to cost 88 cents, now cost 1.52. Broccoli which used to be relatively cheap, now cost over $2 for ONE stalk in the produce section.
I don't keep track of everything, but I can tell you that a trip to Costco pre pandemic cost about $250 for staples and some groceries. This past year its more like $450 for essentially the same things.
And these people are allowed to vote ...
Adjust all the numbers down by 20% or more, and they don't sound so great.
Nvidia is (was) up 25,000% in the past 10 years.
The stock market is not up. The "magnificant seven" companies are up, and that disguises that
many other businesses are barely surviving and many others are going out of business.
(Mag 7 are Google, Amazon, Apple, Facebook (META), Microsoft, Nvidia, and Tesla.)
Wall Street and the banksters are showing great profits (by stealing from everyone else) and
paying themselves big bonuses for doing so, as usual.
How hard is it to profit when they can just create money from nothing and the taxpayers
bail them out when they gamble away all that unearned profit and wreck the rest of the economy.
1) The single best investment is to buy the indices (as ETFs), and wait. Every major dip, buy more.
2) The original statements about the money made investing in the DOW stocks was wrong on the % they averaged (overstated). And did not factor when to exist stocks that were de-listed.
But the key piece of knowledge you needed to know was...
Find someone who loves you the way the FED loves the Stock Market!
The FED knows that everyone is trained to watch the stock market. So they goose those things up, and everyone forgets how poorly they are actually doing. (they assume ONLY THEY are suffering, and others are doing great, so they keep their mouths shut). When the markets crash. Everyone feels the pain.
But the BEST investment advice. Use Insider information LEGALLY like Congressman/Senators do. Best performance EVER! (You just need to get elected, and sell your soul to Satan)
When the evil fiends need to spend more they manufacture more balloons. Then they take some of the air out of your balloons to fill theirs.
Less air means less debt to exchange. Assuming the Gov takes half of the air out from your dollar you now need two balloons to equal the exchange value that One used to cover. Voila ignore the deflation of the balloon and lie about price inflation. All bull it is Price equalization not inflation.
And because the balloon had value, they stored GOLD BARS in the balloon. As your balloon started to fall... It made "sense" to throw the Gold Bars over the edge to make your balloon go higher.
(This is the logic of selling gold to get our dollars back... Happening in China, India, etc).