Inflation rises 7.5% over past year, more than expected and highest since 1982

Re:Inflation rises 7.5% over past year, more than expected a... by keyboardCowBoy on Thursday February 10, 2022 @10:41AM (#30287709)

You mean things like people NEED? when oil goes up EVERYTHING goes up. What about food and rent? Food is probably at least 10 percent and rent up at least 20 percent in my city. This only hurts the lower and middle class.

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Re:Inflation rises 7.5% over past year, more than expected a... by matthewdgreen on Thursday February 10, 2022 @12:50PM (#30289914)

Like I said, oil is up. But it’s not up that much compared to prices we’ve seen in this past decade. I’m not convinced that raising interest rates (and potentially throwing our whole economy into a depression) is the right answer to any of these problems. But it’s a very real answer that a lot of people in this thread seem excited about.

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