Gasoline Costs UP 101% Underneath Biden, Mortgage Charges UP 89%, Foodstuffs UP 58% (Crude Oil Futures UP 142%) – Funding Watch

by confoundedinterest17

This isn’t the legacy that can endear President Biden to voters. Common gasoline costs have risen 101% beneath Biden.

However it not simply gasoline and diesel which are hovering (whereas the remainder of us are sore!), CRB Foodstuffs are up 58% beneath Biden whereas the 30-year mortgage price is up 89% beneath Biden.

And this morning, WTI crude futures are up +1.71%.

And up 142% beneath Biden.

Costs are scorching and clobbering the American center class and low wage employees. However former Federal Reserve Chair and present US Treasury Secretary Janet Yellen by no means noticed it coming.

Biden’s simply killing us. And Powell is making up for Yellen’s maintaining financial stimulus too excessive for too lengthy. Worth? Mortgage charges are hovering.