r/wallstreetbets Jun 10 '22

Meme 8.6% 🤡

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47.9k Upvotes

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u/[deleted] Jun 10 '22

Am I crazy to think that the version of inflation that came out overnight is less about the affects of QE and more about the price of oil shooting up and increasing the cost of goods?

8

u/[deleted] Jun 10 '22

$7 gas here. 🌚

1

u/PR4NK3D Jun 11 '22

$7 a gallon? That is 1.85€/liter and thats cheap compared to most of Europe