Name:   MartiniMan - Subject:   Dementia Joe sets yet another record Date:   12/15/2021 10:35:55 AM (updated 12/15/2021 10:55:10 AM)

According to the IMF, in 2021 the US tied with Iceland for the highest inflation rate in the developed world.  Keep adding porkulus and we can maybe get into competition with the undeveloped world.  And just on cue, the imbecilic Nobel Prize winning economist and left wing nut job Paul Krugman actually said that inflation doesn't hurt the poor.  Yes indeed, he is also a special kind of stupid to actually have the nerve to say that and would be clinically insane if he actually believed it.  Inflation since the senile old fool was inaugurated has wiped out all the wage gains from the prior four years.  Gone.  And as I said from the outset, there is no such thing as "transitory" inflation and thankfully they have finally given up that dopey spin.

And I should add that in November the Producer Price Index (PPI), which is what suppliers charge businesses for goods and services, rose to a whopping 9.6% on an annual basis.  Will take a couple of months for this price increase to get passed onto consumers but when it does....oh my.  We will be approaching double digit inflation....something not seen since the peanut farmer was POTUS.  That Biden...breaking records right and left.