Bidenflation Roars To 25% YoY In March As Real GDP Growth Goes Negative (Clueless Joe)

#bubble, #inflation, Bank of England, Bank of Japan, Banking, China, CRE, Credit, Economy, Fed, GDP, Housing, Inflation, Mortgage, New Home Sales, Powell, Treasuries, Treasury, Uncategorized, Yellen, Yield Curve 1 Minute

While headline inflation is growing at 8.6% YoY in March, flexible price inflation grew at a terrifying 25% YoY rate.

Even with headline inflation of “only” 8.56% YoY, today’s Q1 real GDP growth checked in at -1.4% QoQ. Clearly, Bidenflation isn’t help the economy or anyone else.

Diesel prices have skyrocketed under Biden.

Instead of Shoeless Joe, we have Clueless Joe as President.

Published by confoundedinterest17

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