Quick Hits: Steven Colbert Rises to Oliver-Willis-Levels of Comedic Brilliance Edition | Main | Quarantine Cafe: Cat Music Critic Edition
May 12, 2021

Unexpectedly, Inflation Soars

You mean dropping in trillions upon trillions of phantom dollars into the economy while paying people to not produce services and goods will cause prices to rise?

Inflation is soaring in the United States and at a higher rate than analysts predicted. In April 2021, the consumer price index saw a 4.3 percent jump, the fastest increase since 2008.

"Inflation accelerated at its fastest pace in more than 12 years for April as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year ago, compared to the Dow Jones estimate for a 3.6% increase. The monthly gain was 0.8%, against the expected 0.2%," CNBC reports. "Excluding volatile food and energy prices, the core CPI increased 3% from the same period in 2020 and 0.9% on a monthly basis. The respective estimates were 2.3% and 0.3%."

I saw a joke headline somewhere that read, "Biden to Spend Two Trillion Dollars to Discover What Causes Inflation."

It's funny. It's funny and it's true.

Look at this gorgeously Weimarian, Venezualianish spike in prices:


digg this
posted by Ace at 06:10 PM

| Access Comments




Recent Comments
Puddleglum: "[i]33 I saw Variants of Cucks open for.... Posted ..."

confederatefifth: "and I would have been upset had somebody been ther ..."

confederatefifth: "btw there was nobody in the gym ..."

confederatefifth: "I was coming back from an autocross in the rain on ..."

confederatefifth: "reading the owners manual is an exercise in futili ..."

Hoyt's Turkish Troll Provocateur: ""Suppressing free speech, including burning our fl ..."

NaCly Dog[/i][/b][/s]: "Time for last minute travel flail-exs. Have a ..."

f'd: "I was coming back from an autocross in the rain on ..."

confederatefifth: "I was the guy that got to help my mom get hookd in ..."

Bruce: "Happened to my Dad in Mar. Coming down to visit Mo ..."

sven: "91 Posted by: Village Idiot's Apprentice. Asymptom ..."

NaCly Dog[/i][/b][/s]: "Village Idiot's Apprentice Incoming. Brace for ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64