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Thursday, June 19, 2014

Let Me Tell You What's Really Going On In The Economy

Tuesday morning we got May inflation data, and it was something of a wakeup call, because it was a reminder that inflation still existed.

Core CPI — which excludes food and energy prices — grew at its fastest month-over-month pace since 2011. On an annual basis, May was the hottest month since early 2013.

As you can see from the last three bars, inflation is clearly gathering steam.

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1 comment:

  1. Here we go.. the Administrations policies are starting to come home to roost! Can't just continue to print money... You dollar will continue to drop in buying power and the damn idiots who are running things continue to take more from you in fees and taxes... leaving you with less and less... What we need is Less and Less Government intervention and a move back to the free market system... All of you Libratards who have voted for Liberals stop complaining.. you did this to us!

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