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

Explore posts in the same categories: C.O.A.T. - Money, C.O.A.T. - Scams, Depression 2.0

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