The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised 0.7% March increase.Energy was at the root of the unexpectedly high gain in producer prices, though there was evidence that the price pain is extending beyond the gas pump.The services index accelerated 1.2%, the biggest gain since March 2022. Two-thirds of the move was attributed to a 2.7% gain in trade services, a sign that tariff costs could be starting to have a larger impact on prices. https://www.cnbc.com/2026/05/13/ppi-inflation-report-april-2026-.html
>>1514754>biggest increase since 2022so things were worse under Biden.If this was the worst inflation since 1977, then you'd be onto something.
here are the CPI inflation rates, annually adjusted, since 1913:https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1913-Inflation in 2022 was 8.0 percent for the year.That is the highest figure since 1981.
>>1514755So you're saying that inflation right now is as bad as it was after two years of global pandemic..It hasn't even been 3 months since we shoved our dick into this hornet's ness.Did Biden cause covid? No. Did Trump cause Iran? He sure seems to think so according to a speech he gave (38:32 timestamp): >I called in Scott Bessent and all of my people, mostly my financial people. And I said, “Alright, folks, congratulations. We just hit the highest price in the history of the stock market.” . . . Oil prices were very low. They were $60 and $70 [per barrel]. They were buying [gas] for $2 and even less. . . . In Iowa, it was $1.85 a gallon.>I said, “Congratulations. Now I’m going to upset the apple cart for you, because we have to take a little journey down to a beautiful country known as Iran, and we have to make sure that they don’t have a nuclear weapon.” We stopped them with the B-2 bombers. If we didn’t do that, we would’ve had a nuclear weapon.>https://www.youtube.com/live/utjvqfAkIdo?si=I0OUHJs6A7H54ajM
>>1514754On the micro level, price increases are quite low, and on the macro level these increases are due to oil shortages. This will be rectified quite soon, as our great President tRump gets Iran under control.
>>1514772Biden decided to back Ukraine, which caused the price of Gas to spike in 2022. Biden decided to blow up Nordstream 2, and cut the flow of energy from Russia to Germany. All these things increased the price of energy, and all of it was optional. When Crimea was invaded in 2014, Obama did not decide to back Ukraine, and the price of gas was stable. Obama made a different decision
>>1514775Lol you're like that picture of Charlie from always sunny with all the sticky notes and strings on the map. You know that's a different gas right? Natural gas and gasoline are way different things. So you don't think a global shutdown causing a massive drop in demand for GASOLINE had anything to do with future supply and prices of GASOLINE, and instead think that Biden agreeing to supply arms to Ukraine and breaking away from Russian NATURAL GAS is what caused GASOLINE prices to go crazy? Or something? I would point out how silly your worldview is but you support a literal child fucker so I can be a bit more understanding.
>>1514776https://www.reuters.com/business/energy/us-gasoline-average-pump-price-tops-5gallon-historic-first-2022-06-11/So when the average price at the pump hit $5 a gallon in the summer of 2022, that had nothing to do with the War in Ukraine?What's next, the current price increases have nothing to do with the war in Iran?
>>1514777why do you love admitting you're a russia shill
>>1514776>>1514780The ukraine war influenced the price of gasoline in 2022. I know you are embarrassed, but it happened
>>1514781and let me guess, you think russia is winning too, don't you
>>1514782You know I am not motivated by my hatred of Ukraine, I have nothing against Ukraine. I complain about Biden
>>1514781And let me guess... Biden did that™?Lol Trump was right when he said he could rape your mom on live tv and you'd still vote for him. Oh wait my mistake, he just said he could murder someone and you people would never care. That's the truest thing he's ever said.
>>1514785The decision of Biden to back Ukraine in 2022, instead of rolling over like Obama did in 2014 when Russia invaded Crimea, caused the price of gasoline to rise.The decision of Trump to back Israel in 2026 instead of rolling over like Obama did with the Iran nuclear deal caused the price of gasoline to rise.
>>1514772>muh covid excuse for every dumb decision biden made
>>1514754Didn't we already have this thread? >>1514497
>>1514786you aren't even trying to convince us you're american, huh
>>1514788It's getting worse thanks to Trump's failed neocon economic policies.
>>1514788Trickle Down economics failing, again.Is a pretty big deal.
