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Los Angeles's KTLA reports, "Another jump in consumer prices in September sent inflation up 5.4% from where it was a year ago, matching the largest increase since 2008 as tangled global supply lines continue to create havoc.
You can TEMPORARILY prop up the stock market & personal standards of living by printing money & giving it to people to spend, while encouraging or forcing them not to work. Eventually though, the result is inflation and a lower standard of living.https://t.co/4p17hBrpvH — Thomas Massie (@RepThomasMassie) October 14, 2021
You can TEMPORARILY prop up the stock market & personal standards of living by printing money & giving it to people to spend, while encouraging or forcing them not to work.
U.S. consumer prices rose 0.4% in September from August as the costs of new cars, food, gas, and restaurant meals all jumped.
The annual increase in the consumer price index matched readings in June and July as the highest in 13 years, the Labor Department said Wednesday. "
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