Inflation over last 12 months: 4.2%, highest year over year rate since September 2008. Inflation in March: 0.9%, highest since April 1982 (note a monthly rate of 0.9% is 10.8% annualized). Avg. price gallon of regular gas: $2.99, highest since November 2014. Used Car prices: up 12.4% in last year. New car prices up 7.0%. Median home price: up 18.4% over year. April jobs report: 266,000 new jobs, vs. predicted 1 million. Stagflation, anyone?https://www.facebook.com/brad.smith.96387189/posts/10100888943048349 via Glenn Reynolds
This blog is looking for wisdom, to have and to share. It is also looking for other rare character traits like good humor, courage, and honor. It is not an easy road, because all of us fall short. But God is love, forgiveness and grace. Those who believe in Him and repent of their sins have the promise of His Holy Spirit to guide us and show us the Way.
Wednesday, May 12, 2021
Inflation numbers
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