TRUE BORN SONS OF LIBERTY

No ads, no remuneration. Die Gedanken sind wirklich frei. The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."

CNN thinks November core inflation at 4.7% yoy is good news

The voice of one crying in the wilderness: There cometh one mightier than I after me

Surprise, surprise, right on schedule progressive Robert Kuttner attacks the 2 percent inflation target in favor of 4 percent

Another inflation report is out, the data are bad, but they're trying to spin it that inflation is moderating

Meanwhile consumers of the really important things like food and energy are getting pounded with persistent, huge price increases

So-called "core" inflation rose to 5-ish percent from early 2021 and hasn't budged from there in twelve months

The dollar buys 12.5% less after two years of Joe Biden: The damage was already done by June when the Fed first hiked by 0.75

Clearly the interest rate beatings will have to continue until stock market morale improves

The dollar buys 12.2% less after two years of Joe Biden and the Democrats running the show: Runaway inflation

The Fed chair was looking for evidence of transitory inflation for twelve months while actual, raging inflation was staring him in the face the whole time and he did nothing about it

Fed Chair Ben Bernanke once famously said on 60 Minutes that if inflation ever got out of control they could raise interest rates in 15 minutes

The economy looks pretty damn good . . . to the inflation profiteers!

Food and energy are bad enough, which core inflation would you rather have?

When interest rates effectively went to zero in 2009 and stayed there, no one could figure out where the inflation was going lol

The Fed was supposed to tighten its balance sheet starting Jun 15th: Nearly three months later it's down a measly $110 billion to . . . $8.822 TRILLION

The Associated Press blames the anemic Federal Reserve response to raging inflation on women, blacks, and homos

Republicans hate it when the Consumer Price Index declines, as it just did from June to July 2022

Everybody's making fun of Biden's claim that there was zero percent inflation last month, but they're all morons

Present inflation is much worse than the Fed graph indicates, according even to Larry Summers

Fixed it for ya: Stonks continue to laugh at puny Fed rate hikes as interest rate arbitrage is defacto Fed policy