Some of the facts about China Joe are starting to leak out in spite of the Legacy Media’s attempts to run cover for him; not to mention the DOJ and FBI.
Biden and Classified Documents
Tag: gasoline
Joe Lied
Biden’s Inflation
As we thought, Jun-CPI +9.1% (expected +8.8%). May-CPI +8.6%
Core was +.7% (expected +.5%).
Highest inflation in 41 years (since Reagan end of Carter-Reagan recession) and showing acceleration which will force Fed to more aggressively bring inflation down to 3-5% by raising short rates by 1% next week and again in Aug (no FOMC scheduled; may elect to hold ad hoc meeting between Jul.26 & Sep.20)
May-PPI (Thu) will likely show +11.5%, up from +10.8%.
Yield curve is now inverted by +11bp short-long (not insignificant) indicating recession ahead.
Continue the line upward to the right and near record levels.
VP Kamala Harris speaks
VP Kamala Harris reportedly said: “Gas prices are high due to gas prices not being low as before. To get back to lower prices we have to acknowledge gas is high which is the opposite of low.”
Some deny she said that but is so very hard to know for sure because of some of the other things she has said which sound much like that. Thus, it is no surprise the rest of the world is laughing at us.
the “fact checkers” say this is not true but I tend to trust 7/11 sushi more than I do the truth mafia. She may not have said it but I’ve heard enough of her statements to know that it is entirely plausible. The video of her speaking July 5, 2022 at Highland Park lends credibility to the quote above.
pastorwardclinton 