Intuitive fred888: Highest Inflation Surge in 30 plus years at 6.2% caused likely entirely by covid problems worldwide now since January 2020

Wednesday, November 10, 2021

Highest Inflation Surge in 30 plus years at 6.2% caused likely entirely by covid problems worldwide now since January 2020

Gas prices up 49.6%

Used Cars and trucks up 26.4%

Beef prices up 20.1%

Cook says fryer oil went from 40 dollars to fill their fryer to $75 to fill fryer oil

Potatoes went from $29 to $40 dollars for the same amount of potatoes to make French fries at a Restaurant.

So, at the restaurant a $16 burger is now $20 so the restaurant can stay in business.

This is happening all over the U.S. and also likely all over the world. And the poorest (unless they have

food banks to go to) will starve worldwide now more and more.

These facts are all from NBC News with Lester Holt on Wednesday November 10th 2021.

The problem likely is going to get much worse before it gets any better too nationwide and worldwide.

begin quote:

Inflation jumped 6.2% in October, biggest monthly rise in 30 years. Inflation accelerated in October, with Americans facing sharply higher consumer prices as they head into the crucial holiday shopping season. That represents the steepest monthly rise in about 30 years.7 hours ago