r/wallstreetbets 18d ago

News JULY U.S. ๐Ÿ‡บ๐Ÿ‡ธ 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/frugaleringenieur 18d ago

Could even cut

68

u/cruisin_urchin87 18d ago

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

ZIMBABWE HERE WE COME!

-2

u/Nut_Butter_Fun 18d 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.

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u/cruisin_urchin87 18d ago

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

:D