Last month, inflation rose at the fastest pace in nearly 13 years, with prices soaring for used vehicles, airfare, furniture and more. While demand is up, supply is down after disruptions in manufacturing, farming and shipping.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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What’s Behind Soaring Consumer Prices
Can't know how I stopmed onto this. All in all GREAT clip â¤ï¸ÂÂ. I also watched those rather similar from mStarTutorials and kinda wonder how you guys create these clips. MStar Tutorials also had cool information about similiar money making things on his vids.
Greed
Why is the comparison from last month and not last year, before the pandemic? I guess saying that airfares are still below pre-pandemic levels is not as much of a story.
The garrulous citizenship sequentially wobble because hole july whine forenenst a ill-fated c-clamp. subsequent, macho lip
Print more USD.. That is why..
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In my dad's 80 years he keeps saying; " prices never go down; what he bought for pennies now needs a dollar", no news here!.
This inflation is the tax Joe promised that the rich would pay. How does it feel to be rich?
Buy Bitcoin. Protect your wealth with a deflationary asset backed by code.
Thank you, Uncle Joe…😑
5 years
They give you extra money and move the goal post. It's all a manufactured crisis….the shortages, not the virus.
Cue the real financial depression that follows the COVID preshock.
Trumpian, greedy greedy greedy.
Vote Blue and they Screw You.
People never look at the way marketing affects how money is spent. Nowadays if you turn on a phone you're hit with ads. Turn on TV to watch a program and you're hit with ads. Get cable or satellite which originally was supposed to be an advantage by not having commercial content but then they figured out that you're going to spend your money for that service even after they started introducing more ads. The powers that be in the media most likely in my view go into their boardrooms and talk about how we need filler (meaning shows) so that we can run more ads which basically is like in today's language clickbait. Watch a popular show like The view and every four or five minutes they're saying we'll be right back and then at the end of the show they're running an infomercial wanting to sell more product. This did not happen back in the 1960s or 70s when most people got their information from newspapers and yes television shows. Why do you think that rich people want poor people in debt forever. It's to make sure that 99% of people are working until they keel over.
"What’s Behind Soaring Consumer Prices ?"
Ask Nicolas Maduro printing money like there is no tomorrow and putting it on the market and then wondering about hyperinflation.
And now how about a 6 trillion US "stimulus package" aka national debt pushed money creation to "invest" (aka an excuse to renew old infrastructures) in US economy ?
And add Covid lockdowns resources shortages from abroad.
Plus people saving money for one year and now willing to spend high prizes for goods.
The result is not exactly rocket science.
The media should just say it as itnis instead of sugarcoating it.
The major reason is the us govt created over 4 trillion dollars in a span of 1.4 years. Thats a huge amount of money flowing around in a time when there is massive disruption on work. One way the govt tries to keep this inflation from spiraling out of control is have things made for a lower cost in third world countries, put more volume in food items or use technology to reduce costs.
This enables our dollar to have buying power.
"Pre pandemic lives "…what a statement
the eternal recovery
Not much that anyone wouldn't expect
Right wing is having a tantrum. Butt hurt Big C orp Right wing companies are retaliating because their taxes are not at 0. So the right wing is slowing it down just to say "I told you so." They can afford it, and they're betting Biden and Dems will blink first. I say 1st a month long strike on gas…seize assets …….freeze accounts. We'll strike until they get to the poorhouse…let em know what its like for once.
Stop printing money the more you put out the less its worth this is 7th grade economics msm
This will resume if the government keeps passing trillion dollars bills and budgets, which is very likely to happen.
lol Americans are about to realize what they have done to US
Yeah, let’s raise prices because people have been saving during the pandemic, we need to stick it to them. How dare they hold on to the money?
It's called inflation. Buy bitcoin. No more than 21 million bitcoin will ever exist. Compare that to the unlimited supply of U.S dollars the FED can print. Also, you don't have to buy a full bitcoin. A bitcoin can be split into 100 million pieces.
Its called war.
The CPI is a lie.
Greed
Biden administration
Answer: American's easily panic
Socialism is democracy in the work place
I found vegetables and fruits are cheaper than last year.
stay calm, put your head in the sand, prices shooting thru the roof is ok….what ? your paycheck has not, well the pandemic has had a negative effect on the company so we will revisit that nextyear when things return to "normal"…..LOL pedal some more BS "normal" is over, prepare for the next shoe to drop…whatever that is. Best of luck to my fellow working folk
The Biden Installation brings massive inflation.
Prices NEVER go down ! Not in my 75 years.
This is Joe Biden's America.
Nah. It's the attempt to screw the average person again because we had a bit of help to get us through the pandemic and some folks got to actually feel human with better pay. They stood up and breathed the air and spent some money. That can't keep happening with the upper percenters! The damned rabble are getting spoiled!!! Someone call whatever Koch brother is still alive! Raise those prices! These fools can't be allowed to live without worrying where their next meal is coming from!!
Next it will be summer gas lines, only thing missing is the streak playing on the FM station. LOL
I'm starting to miss the orange man?!
Who didn't 🙈see that coming 😑 what bothers me is the BS behind it and large corporations Food Gas all of it. And all these companies and Airlines Gas ⛽ Companies that took PPP money have to pay these loans back with Interest to our Taxpayer and Government they have profits now there is always some BS reason from Gas and Food we see write threw it AND DON'T PAY TAXES EITHER 😡
Democrats. 🙄
Let us tell you what to believe. Inflation is part of the recovery. Repeat after me…..
It's called inflation. Print money like they do and this is what you get. It will only get worse.
people warned about this yet news try to dismiss it
Need wages to keep up with inflation.
Give us MORE Stimmie ✅