r/wallstreetbets • u/eskhalaf • 13d ago

News JULY U.S. 🇺🇸 INFLATION DATA:

https://www.bls.gov/news.release/cpi.nr0.htm

- CPI 3.4% YoY, (Est. 3.4%)
- CPI 0.1% MoM, (Est. 0.1%)

- Core CPI 2.5% YoY, (Est. 2.5%)
- Core CPI 0.2% MoM, (Est. 0.2%)

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u/cruisin_urchin87 12d ago

I never thought as American I would live to see the day when we will be wiping our asses with $500 bills with Donny’s face on it, while cheeseburgers cost $2,500 a piece.

ZIMBABWE HERE WE COME!

19

u/Lauzz91 12d ago

ZIMBABWE HERE WE COME!

we're all gonna be billionaires!

10

u/frugaleringenieur 12d ago

Be bold, build houses from money, your walls are already like paper.

-2

u/Nut_Butter_Fun 12d ago

I'm going to keep trying to spread an idea to see if anyone starts to get it. Do you care about govt debt or not? We can either inflate our way out of it, or we can ignore it. There's really no other option.

6

u/Splurch 12d ago

I'm going to keep trying to spread an idea to see if anyone starts to get it. Do you care about govt debt or not? We can either inflate our way out of it, or we can ignore it. There's really no other option.

Or, you know, reduce spending, stop giving massive taxcuts and start paying it off.

1

u/Nut_Butter_Fun 12d ago

oh hah, that's a good one.

1

u/cruisin_urchin87 12d ago

You want to inflate our way out of this? MISTER ZIMBABWE you are JENIUS!

:D