U.S. Inflation Rate Hits Highest Level In Nearly 40 Years

Chris Menahan
InformationLiberation
Jan. 13, 2022

America is experiencing record inflation, record supply shortages, record crime, record illegal immigration and record covid cases.

From USA Today, "Inflation reaches highest level since 1982 as consumer prices jump 7% in 2021":

Inflation hit a fresh 39-year high in December as a drop in energy costs wasn't enough to offset a steady march upward for staples such as food, rent and cars amid stubborn supply-chain bottlenecks and worker shortages.

The consumer price index jumped 7% last year, the fastest pace since 1982, the Labor Department said Wednesday. That's up from 6.8% annually in November, which was also a nearly four-decade high.

The actual inflation rate is easily double that fake CPI number.

US #inflation rises to 7% in December, highest level in 39 years.

Gasoline: 49.6%
Beef: 18.6%
Pork: 15.1%
Chicken 10.4%
Fresh fish: 10.2%
Oranges: 9.9%
Furniture: 13.8%
Dresses: 8%
Jewelry: 8.8%
New cars: 12%
Used cars: 37.3%
Hotels: 27.6%
Car rental: 36%
— Emel Akan (@mlakan) January 12, 2022

Housing prices are also now at record highs.

Yahoo News reported in October that data from the St. Louis Federal Reserve shows that the median U.S. home price hit $404,700, which is a new record.

The median home price jumped nearly 13% in one year.

Prices are through the roof for housing, food, cars and gas but we're being told inflation is just at 7%!

Truly comical!

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