Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

How’s the Economy?

August 11, 2022 By Debbie Young

Great!

The White House and the media are insisting the economy is finally “cooling off.”

Joe Biden: Inflation Is Zero %.

NOW – Biden: “Today we received news that our economy had zero percent inflation in the month of July. Zero percent.” pic.twitter.com/HXpRy5xmW5

— Disclose.tv (@disclosetv) August 10, 2022

Why?

The consumer price index came down slightly from the 9.1 percent recorded in June, reported The Federalist:

Americans still paid more in July for groceries (prices rose by 1.1% since June and 10.9% since July 2021. Electricity is up 1.6% since the previous month and 15.2 % since last year.

Just ignore that Inflation is still at 8.5% (one of the highest rates in 40 years).

  • Food is the most expensive since 1979
  • Gas is $1 more expensive than it was last year
  • Real wages fell by 3.6%
  • There’s still no baby formula
  • Utility companies might have turned off your in the middle of a heatwave

After delivering on all these accomplishments, President Biden took his totally-not-above-the-law son Hunter Biden on a much-deserved weeklong beach vacation, continues The Federalist.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • RICK SCOTT: Joe Biden Can't Fix This Economy
  • A Candid Question for Joe Biden
  • Biden Should Leave the Economy Alone
  • Joe Biden Is Now Just Making It Up
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over five decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • The PRC Aims to Make Taiwan a Pariah Nation - March 27, 2023
  • Freefalling at Stanford - March 24, 2023
  • Biden Embraces Modern Monetary Theory - March 23, 2023

Dick Young’s Must Reads

  • “I Need Preservation of Principal and Growth”
  • “The Losses are Taking a Toll on Their Health”
  • TOP HEAVY: Focus on Big Indexing Could Cause Market Chaos
  • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The County Sheriff: America’s Last Hope
  • The Worst President in American History
  • Work to Make Money/Invest to Save Money
  • The Swiss Way
  • DIGITAL ID: You Are More than a Soulless Digital Identity
  • Your Odds with Statins: 500 to 1?

Our Most Popular Posts

  • Pushing Back at ESG
  • Your Survival Guy’s BEST Insider’s Guide to Key West
  • Are You Fairly Wealthy? I’m Listening
  • Who'd be Nuts Enough to Have Put Money into SVB?
  • Cheap Reliable Heating – a Life Saver
  • Get Well Soon Taki
  • Biden Has Lost Control of the Northern Border Too
  • For Whom Is Your Portfolio Serving?
  • Border Patrol Chief Admits U.S. Border Is Out of Control
  • Freefalling at Stanford

Disclosure

RSS Youngresearch.com

  • “You Just Have to Be Willing to Move Defensively”
  • Americans Are Fleeing Bank Deposits
  • If You’re a Highly Effective Person, We Should Talk
  • Trouble Now Brewing at Deutsche Bank
  • Is Vanguard Voting Against Your Political Beliefs?
  • Are 0DTE Options a Threat to Markets?
  • “I Need Preservation of Principal and Growth”
  • Are You Fairly Wealthy? I’m Listening
  • Treasury Studying How to Increase Deposit Insurance
  • Your Survival Guy’s BEST Insider’s Guide to Key West

RSS Yoursurvivalguy.com

  • “You Just Have to Be Willing to Move Defensively”
  • Did SVB Fail Because of Climate Change?
  • If You’re a Highly Effective Person, We Should Talk
  • What’s Happening to Charles Schwab?
  • Prepare for the Predictable
  • Is Vanguard Voting Against Your Political Beliefs?
  • Call It the Difference between Normal and Crazy
  • “I Need Preservation of Principal and Growth”
  • DEMOCRATIC SENATOR: Biden’s ESG Veto “Absolutely Infuriating”
  • Are You Fairly Wealthy? I’m Listening

The PRC Aims to Make Taiwan a Pariah Nation

“You Just Have to Be Willing to Move Defensively”

Donna: The Queen of Louie’s Backyard, Key West

Biden’s Fake Democracy Summit: Hungary and Turkey Snubbed

Freefalling at Stanford

If You’re a Highly Effective Person, We Should Talk

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives