Inflation PLUMMETING under Biden administration; stock market BOOMING

[JayJ350]

According to Biden's statement yesterday, inflation is at zero percent. Of Course that is a lie, but many in the corporate Democrat media didn't take on Biden's zero inflation statement lie.

"Media Parrot Biden’s Absurd Claim That July’s 8.5 Percent Inflation Increase Is Actually ‘Zero’"

https://thefederalist.com/2022/08/10...actually-zero/

Shows off how insanely and undeniably biased our media has become. The polarizing difference between the way they report on democrats vs republicans is as obvious as night and day. Constantly pushing hyperbolic claims to weaponize against the right, constantly pushing propaganda in favor of the dems to defend them with.

[Bushmaster]

You mean when oil was negative $'s a barrel during the demand crushing pandemic? Is it your expectation that that's what a "normal" price of gas is?

lmfao

No.



You need help... and no, not help emptying your colostomy bag either.

[isingmodel]

That's the thing, it's not 0% month over month. The brandon admin lied and made you retards look like idiots again when you bought it. Inflation increased 8.5% from the previous month. The RATE of increase 0% but to get to 0% inflation we'd have to have deflation for at least 6 months and there's no way that is going to happen.

If inflation increased 8.5% from the previous month, it would be ~17% right now. It increased 0% from the previous month (hence 0% month on month) but is up 8.5% over an annualised 12 month period.

It's no surprise with absolutely retard tier math skills like that, you turned out the way you are.

[SillieBazzillie]

No.



You need help... and no, not help emptying your colostomy bag either.

Does all that average out to less than $2 in your KKK math classes?

lmfao

That actually looks like an average of $2.65 a gallon or so. The Biden Boom is getting there!

[fitnessislife]

If Bidenflation is 0% in July, then why do we need the Inflation Reduction Act?

[Bushmaster]

Does all that average out to less than $2 in your KKK math classes?

lmfao

That actually looks like an average of $2.65 a gallon or so. The Biden Boom is getting there!

Better than the $4 that you're bragging about.

#PrayForSillie

[Tommy W.]

This is proof that the actions of the Biden administration are working (2 major inflation metrics decreased - gas prices plummeted , thanks in large part due to strategic oil reserve release by Biden). .

Not sure if serious....

[JayJ350]

Not sure if serious....

It's funny how the left's narratives have become completely opposed to readily observable reality. I mean all you gotta do is drive past a gas station to witness firsthand how full of chit they are.

[ezmac31]

If Bidenflation is 0% in July, then why do we need the Inflation Reduction Act?

Chit libs and moderates pls respawn

[TheCore84]

You mean when oil was negative $'s a barrel during the dem induced crushing plandemic? Is it your expectation that that's what a "normal" price of gas is?

lmfao

Fixed

[nutsy54]

Nationwide gas is less than $4 a gallon boyo. The economy hit the trough and it's working it's way up.

I know we're all thrilled with this.

How failed is this administration, when we're supposed to be thrilled that gas is under $4/gallon? It was only March of this year, when that price was described as a "record high".

You mean when oil was negative $'s a barrel during the demand crushing pandemic? Is it your expectation that that's what a "normal" price of gas is?

lmfao

So now your standard for Biden, is deflecting to nearly a year before he took office? Oil prices briefly went negative in April 2020.

Meanwhile, the actual record-high results under this administration...


https://www.gasbuddy.com/charts

[LeftistGent]

That's the thing, it's not 0% month over month. The brandon admin lied and made you retards look like idiots again when you bought it. Inflation increased 8.5% from the previous month. The RATE of increase 0% but to get to 0% inflation we'd have to have deflation for at least 6 months and there's no way that is going to happen.

Lmao not sure if srs? 8.5% is the year over year estimate as I clearly stated in my
OP. The increase in prices from the previous month was estimated to be 0%. The core CPI increase was 0.3%, leaving the annualized print unchanged.

We could enter a sharp deflation next month and the annualized inflation would still look bad. Month over month is what is most important in assessing the trends in inflation right now.

In other words - read a book and stop embarrassing yourself here.

[bluebeltATT]

Lmao not sure if srs? 8.5% is the year over year estimate as I clearly stated in my
OP. The increase in prices from the previous month was estimated to be 0%. The core CPI increase was 0.3%, leaving the annualized print unchanged.

We could enter a sharp deflation next month and the annualized inflation would still look bad. Month over month is what is most important in assessing the trends in inflation right now.

In other words - read a book and stop embarrassing yourself here.

So i guess they should just cancel the inflation reduction act huh?

[LeftistGent]

So i guess they should just cancel the inflation reduction act huh?

[img]https://pbs.twimg.com/media/FZ7XfucWIAA3i8H?format=jpg&name=medium[img]

I don't really get this argument. You get rekt then you come up with this as a comeback? The bill has elements that will further reduce inflation, not sure how that is a bad thing. Ultimately we need to get back down to the 1-2% range. Biden has done well getting gas back down, which was a big driver of the inflation numbers, but we must go further in other categories.