Bidenflation: Prices Surge Record 9.7%. But can you prove it? (most say yes)
Posted by:
breitbart 9823434
()
Date: January 14, 2022 08:23AM
Is there any point talking about it if there's a factory that needs being built to lessen trade deficit increase jobs (answer is NO)
First you have to know there's an economic theory of OVER-PRODUCTION, that is, an economy can run to the point everyone is employed making expensive products that people want but don't really need. the problem there is SPENT FUEL, which in the long term is a conserved consumed resource. (material, organization, ENERGY)
The economy is what is for who, and in-efficiency to make what was actually needed versus what was desired. (ie, cereal diabetics can eat v. corn-pops made in mexico, versus giving away chinese smart phones to illegal immigrants using medicare and 100 more Disney icons on CNN stream)
Inflation is measured against "the ability of a citizen to get what they need"
HOWEVER, it damningly doesn't measure what percent of citizens actually receive the goods at the marked price (impossible when there are "minirity give-aways political give-aways").
Xiden Biden:
* Recent and upcoming methodology changes Read More »
* Upcoming changes to the publication status of CPI series Read More »
* Updated seasonal factors to be introduced February 8, 2022 Read More »
The beureau of labor and statistics is currently using:
All items
100.000 260.474 277.948 278.802 7.0 0.3 0.9 0.8 0.5
Food
13.990 270.023 285.507 286.966 6.3 0.5 0.9 0.7 0.5
Food at home
7.722 251.253 266.384 267.555 6.5 0.4 1.0 0.8 0.4
Cereals and bakery products
0.978 283.735 295.909 297.279 4.8 0.5 1.0 0.8 0.4
Meats, poultry, fish, and eggs
1.840 264.475 299.228 297.604 12.5 -0.5 1.7 0.9 -0.4
Dairy and related products
0.746 231.740 233.157 235.442 1.6 1.0 0.2 0.2 0.7
Fruits and vegetables
1.305 306.506 318.436 321.931 5.0 1.1 0.1 1.0 0.9
Nonalcoholic beverages and beverage materials
0.909 177.539 185.119 186.723 5.2 0.9 0.8 0.2 0.8
Other food at home
1.942 218.534 229.643 230.809 5.6 0.5 1.2 1.0 0.6
Food away from home(1)
6.269 299.369 315.481 317.372 6.0 0.6 0.8 0.6 0.6
Energy
7.542 198.155 259.100 256.207 29.3 -1.1 4.8 3.5 -0.4
Energy commodities
4.304 198.997 302.635 296.391 48.9 -2.1 6.2 5.9 -0.6
Fuel oil(1)
0.114 231.044 333.899 325.879 41.0 -2.4 12.3 3.5 -2.4
Motor fuel
4.115 194.996 297.841 291.510 49.5 -2.1 6.1 6.1 -0.5
Gasoline (all types)
4.027 193.990 296.571 290.185 49.6 -2.2 6.1 6.1 -0.5
Energy services
3.238 206.758 227.874 228.199 10.4 0.1 3.0 0.3 -0.1
Electricity
2.412 214.375 227.588 227.974 6.3 0.2 1.8 0.3 0.3
Utility (piped) gas service
0.825 180.767 224.225 224.366 24.1 0.1 6.6 0.6 -1.2
All items less food and energy
78.468 269.226 282.754 283.908 5.5 0.4 0.6 0.5 0.6
Commodities less food and energy commodities
20.768 145.317 159.426 160.850 10.7 0.9 1.0 0.9 1.2
Apparel
2.669 114.434 122.383 121.068 5.8 -1.1 0.0 1.3 1.7
New vehicles
3.884 149.091 164.511 166.653 11.8 1.3 1.4 1.1 1.0
Used cars and trucks
3.419 150.891 200.209 207.164 37.3 3.5 2.5 2.5 3.5
Medical care commodities(1)
1.487 377.921 379.483 379.611 0.4 0.0 0.6 0.1 0.0
Alcoholic beverages
0.993 259.397 264.957 265.410 2.3 0.2 -0.2 0.0 0.5
Tobacco and smoking products(1)
0.617 1,199.508 1,298.746 1,308.024 9.0 0.7 1.9 0.9 0.7
Services less energy services
57.700 346.808 358.722 359.559 3.7 0.2 0.4 0.4 0.3
Shelter
32.393 327.702 339.997 341.241 4.1 0.4 0.5 0.5 0.4
Rent of primary residence
7.583 344.455 354.526 355.931 3.3 0.4 0.4 0.4 0.4
Owners' equivalent rent of residences(2)
23.509 337.695 349.152 350.508 3.8 0.4 0.4 0.4 0.4
Medical care services
6.987 564.201 577.076 578.555 2.5 0.3 0.5 0.3 0.3
Physicians' services(1)
1.777 391.807 408.843 408.644 4.3 0.0 0.0 0.4 0.0
Hospital services(3)
2.154 355.232 367.479 366.854 3.3 -0.2 0.5 -0.3 0.2
Transportation services
5.046 312.959 327.749 326.063 4.2 -0.5 0.4 0.7 -0.3
Motor vehicle maintenance and repair(1)
1.080 309.888 325.076 324.688 4.8 -0.1 1.5 0.0 -0.1
Motor vehicle insurance
1.560 545.376 568.239 567.875 4.1 -0.1 0.0 -0.8 -1.5
Airline fares
0.619 205.983 215.159 208.954 1.4 -2.9 -0.7 4.7 2.7