Chronicles Of Depression 2.0: #157
Wholesale inflation is worst in 27 years
WASHINGTON (AP) — Soaring costs for gasoline and food pushed inflation at the wholesale level up by a larger-than-expected amount in June, leaving inflation rising over the past year at the fastest pace in more than a quarter-century.
It’s about frikkin time someone started admitting that!
And it’s just going to get worse.
Here in NYC, electricity supplier ConEd announced a whopping twenty-two percent increase in their rates beginning next month!
Even the price of doing laundry has jumped!
Previously here:
Chronicles Of Depression 2.0: #129
Chronicles Of Depression 2.0: #128
The REAL Rate Of Inflation
Chronicles Of Depression 2.0: #038
Chronicles Of Depression 2.0: #031
