Part of El-Sayed Michigan Gubernatorial Campaign · 5 stories · since Oct 2 · newest 5h ago
Wholesale Prices Surge 6.3% as Trump Tells Rally ‘We Don’t Have Inflation’Trump tells rally "we don't have inflation", disputing CPI data
6 Yesterday 12:00 PM · 20h ago · 18 articles · 19 posts · 23 comments · 5 sources · development 6 of 6
At a rally, Trump disputed the government's inflation figures and claimed the country has little to no inflation, a statement at odds with both the CPI and PPI reports released that week.
“we don't have inflation”
Donald Trump
Donald Trump U.S. PresidentFederal Reserve Central bank
Ted Lieu Democratic U.S. RepresentativeBureau of Labor Statistics Federal statistical agency
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What was reported 1 claim about this development
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first by CBS News, 20h ago
What people said 24 voices · best of 32 · verbatim
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Labor Dept: Wholesale Inflation Soared 6.3% In Sept. The Labor Department’s PPI — which captures inflation before it reaches consumers — soared 6.3% in September up from 5.6% in August and the biggest increase since December 2022, the government said Thursday.
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⚡ NEWS US Inflation Surges Ahead of Midterms Amid Iran Tensions US consumer inflation exceeded expectations in September, driven by higher energy costs linked to ongoing tensions with Iran. This economic strain impacts American households just before the midterm elections, as President Trump campaigns to maintain Republican control of Congress. 📰…
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Not just Trump but conservatives. This happens every time conservatives have power. They are shit for the economy in every single way. Job creation stagnates or declines 3/4 of the jobs created since WWII have occurred under Democrats. Wages stagnate or decline. Unemployment rises every conservative president except Reagan saw unemployment…
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Just let him keep on talking. He’s making ads for democrats. Any republican that still brags they are Trump endorsed should have to go in front of a camera and denounce everything he says.
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Wholesale prices rise at fastest pace since 2022 as fuel costs climb https:// abcnews.com/Business/wholesale -prices-rise-fastest-pace-2022-fuel-costs/story?id=137284717&utm_source=flipboard&utm_medium=activitypub Posted into News @ news-abc
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Not hyper. The actual definition of “hyperinflation” is when the costs of goods and services rise by more than 50% in a single month . However we should expect CPI-U to continue to move towards 5% annual as things currently stand. Though as I mentioned in another comment, your buying power will feel more affected since shelter costs in CPI-U are a…
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It is for anyone that borrows; the principal debt is inflated away. He loves low interest rates, too, though of course you cannot have both.
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"Wholesale inflation data from the Labor Department on Thursday showed US producer prices climbed far more than expected in September — auguring more stiff inflation at the consumer level in the weeks and months ahead as those costs get passed along." RE:
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You did have more purchasing power back then. So yesterday’s CPI-U (today is PPI) doesn’t include actual shelter costs, but instead a proxy measure based on survey data. However, if you math it out, actual housing costs rose at twice the rate of reported inflation. That’s why you feel you have less buying power. As the shelter costs outstripped…
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NEW (#Inflation) via @CNBC.com: "Wholesale prices jumped 6.3% annually in September, biggest gain since 2022"
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“The Labor Dept’s producer price index — which captures inflation before it reaches consumers — soared 6.3% in September from a year ago, up from 5.6% in August and the biggest increase since December 2022, the government said Thurs” https:// apnews.com/article/producer-pr ices-inflation-economy-ff5adf8283a770c2ca9897b10a09dda7
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Almost nothing has come down in price since Covid in 2019-20. Quality and portions/value have come down though; A lot. What the hell happened with cereal and chips for example? The price doubled and the package shrank to half when supply chains were down. Now everything is back to normal and the corporations keep the same price/packaging? Straight…
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Tramp isn't even trying to lie his way out of his BS anymore. Keep digging your own graves, Redpublikkkans!!
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The last time it was this bad, we had a worldwide pandemic cripple the economy. This time, it was all Trump and the Republicans, by themselves. https://www. cnbc.com/2026/10/15/september- producer-price-index-retail-sales-data.html
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i don't care about the index math... i went to costco yesterday and nearly had a heart attack at the price of dried mangoes. gas is up too. it feels like my wallet is bleeding out while some suit talks about 'transitory' supply shocks. the disconnect between their spreadsheets and my grocery receipt is insane.6.3% PPI and green candles? Pure cope.
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Dear MAGA, Have you ever seen a president so out of touch with the average, struggling American? Have you ever seen a president say he "LOVES INFLATION"? Have you?
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https:// apnews.com/article/producer-pr ices-inflation-economy-ff5adf8283a770c2ca9897b10a09dda7?utm_source=app&utm_medium=android_share&utm_campaign=message
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They’re all over the place bleating about how it’s Ukraine’s fault for attacking energy infrastructure. I’m not at all convinced they’re ALL (or even mostly) bots. I think a lot of these cretins are brainwashed cultists who simply wait to be told what to say and think, and then mindlessly and obediently repeat it.
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war with Iran spikes oil, which spikes everything else. meanwhile my gas tank costs more than my rent used to. great job boosting portfolio returns by making daily life unaffordable lol. geopolitical conflict isn't sexy trades, it's just pain for wallets.
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I know what hyper means. Snowball happens fast when you already running 2T a year on a 40T debt, then suddenly need to print 5 or 10T fast for the next problem. Entire budget is blown out by rates. Then you printing 5T a year just for interest.
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Yea, I care more about the fact that not many people know that the word dumb has a b. Did you know that? The word dumb has a b…I said , wow, not many people know that, it took me 7 years to to figure that one out
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And that’s fine, a rally will probably happen after it stops dipping. DCAing during panic just speeds up long term compounding. Been through this many times already the past 4 year
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"but under Biden..." This, among other things, is what I don't get with the MAGA crowd. Do they all have collective amnesia as to what the world was dealing with during that time?
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I'm not. I'm just asking you to justify your classist belief about Trump supporters. What actual data shows that Trump supporters are poor? In truth, there isn't any.
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