« previous next »
Pages: [1]   Go Down

Author Topic: Durable Goods Inflation Breaks All-Time 1970s High as Prices Jump 14.9%  (Read 437 times)

0 Members and 1 Guest are viewing this topic.

Online mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 416,803
Durable Goods Inflation Breaks All-Time 1970s High as Prices Jump 14.9%
« on: December 11, 2021, 12:30:28 pm »
Durable Goods Inflation Breaks All-Time 1970s High as Prices Jump 14.9%

John Carney 11 Dec 2021

While the overall pace of inflation reached a nearly four-decade high in November, inflation for longer-lasting goods actually hit an all-time high.

Prices of durable goods jumped 1.6 percent in November compared with the prior month, data from the Labor Department showed Friday.  That would be an all-time record apart from the extraordinarily high monthly price hikes seen in April, May, and June of this year.

Over the past 12-months, prices of durable goods are up 14.9 percent, higher than the record annual gain of 14.4 percent hit in May 1975.

more
https://www.breitbart.com/economy/2021/12/11/durable-goods-inflation/
Logged
Democrat Party...the Party of Infanticide

"Never argue with stupid people, they will drag you down to their level and then beat you with experience"
Mark Twain

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Smokin Joe: Stupid people vote. If you have enough of them, you don’t need to steal an election

Offline DCPatriot

  • Hero Member
  • *****
  • Posts: 48,776
  • Gender: Male
Re: Durable Goods Inflation Breaks All-Time 1970s High as Prices Jump 14.9%
« Reply #1 on: December 11, 2021, 02:47:47 pm »
How is it, under a Biden economy, when gas goes from $1.70 @ gallon to $3.40 @ gallon...it's only deemed a "50% increase"??

Price doubles?  According to the Jesuits, that's a 100% increase.  :laugh:
Logged
"It aint what you don't know that kills you.  It's what you know that aint so!" ...Theodore Sturgeon

"It was only a sunny smile, and little it cost in the giving, but like morning light it scattered the night and made the day worth living" F. Scott Fitzgerald

If we had just let them eat the Tide pods, none of this would be happening right now

Online libertybele

  • Cat Mod
  • *****
  • Posts: 68,796
  • Gender: Female
Re: Durable Goods Inflation Breaks All-Time 1970s High as Prices Jump 14.9%
« Reply #2 on: December 11, 2021, 03:20:09 pm »
Quote from: mystery-ak on December 11, 2021, 12:30:28 pm
Durable Goods Inflation Breaks All-Time 1970s High as Prices Jump 14.9%

John Carney 11 Dec 2021

While the overall pace of inflation reached a nearly four-decade high in November, inflation for longer-lasting goods actually hit an all-time high.

Prices of durable goods jumped 1.6 percent in November compared with the prior month, data from the Labor Department showed Friday.  That would be an all-time record apart from the extraordinarily high monthly price hikes seen in April, May, and June of this year.

Over the past 12-months, prices of durable goods are up 14.9 percent, higher than the record annual gain of 14.4 percent hit in May 1975.

more
https://www.breitbart.com/economy/2021/12/11/durable-goods-inflation/


...hmmm let's see.... durable goods are up 14.9% and the increase in social security is 5.9%, and medicare premiums are up 14%.  Hey , thanks Joe!

Let's Go Brandon!!!
Logged
Live in  harmony with one another; do not be haughty, but associate with the lowly, do not claim to be wiser than you are.  Do not repay anyone evil for evil, but take thought for what is noble in the sight of all.  If it is possible, so far as it depends on you, live peaceably with all.

Romans 12:16-18

Offline mountaineer

  • Hero Member
  • *****
  • Posts: 66,990
Re: Durable Goods Inflation Breaks All-Time 1970s High as Prices Jump 14.9%
« Reply #3 on: December 14, 2021, 06:46:28 pm »

Sen. John Cornyn
Logged
Pages: [1]   Go Up
« previous next »