With the price of gasoline up 49% from a year ago, electricity up 11%, the cost of rent up 15.3%, and food up 17%, how in the world is overall inflation only 8.6%. What products that are part of a typical American’s monthly budget are experiencing negligible inflation (or deflation) such that it pulls the overall inflation rate under 9%.
The 8.6% official inflation rate is a lie. Consumers know it’s a lie. And consumers know it’s the Biden administration that is lying to them.
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With the price of gasoline up 49% from a year ago, electricity up 11%, the cost of rent up 15.3%, and food up 17%, how in the world is overall inflation only 8.6%. What products that are part of a typical American’s monthly budget are experiencing negligible inflation (or deflation) such that it pulls the overall inflation rate under 9%.
>
The 8.6% official inflation rate is a lie. Consumers know it’s a lie. And consumers know it’s the Biden administration that is lying to them.
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