That Sucking Sound You Hear …

… is inflation cleaning out your wallet. The Consumer Price Index for August was up 8.3 % over August, 2021. That was higher than the “expected” rate.

The CPI’s food index rose 11.4% in August, the worst year-over-year increase since Jimmy Carter was President. (The Gentle Reader may remember that I once optimistically hoped that the Xiden Administration would be Carter’s second term.)

And the Dow fell about 500 points after the worse-than-“expected” inflation report.

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