Loading ...“Literally Gas Lighting”: The Hilarious Reason For Today’s PPI Miss: Seasonally Adjusted Gas Prices
Just when you thought Goebbels couldn’t spin any faster in his grave…
……………..But what about what really increased in March, which as we have shown previously, was gas prices which rose just over 6% based on, well, how much the average gas price rose across the US in March!
……………..Which then brings us to the absolute punchline, because in the very next sentence, Biden’s Bureau of Gaslighting Services writes that “leading the March decline in the index for final demand goods, prices for gasoline decreased 3.6 percent.”
Hold on a second, didn’t we just show that gas prices – actual, real gas prices, which everyone across the country has to pay – rose by 6% in March?
AND
Nomura Unloads On “Intellectually Dishonest” Policy-Makers Amid 8%-Plus SuperCore Inflation & “Fed Independence Cynicism”
“…there remain hints of napalm in the air…”
This article is behind a paywall — perhaps someone subscribes?