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What the worst inflation in decades means l ABCNL

   July 17, 2022  48 Comments on What the worst inflation in decades means l ABCNL

ABC News’ Linsey Davis spoke with Alexis Christoforous about inflation prices and what the increase means for families in terms of housing, food and what they can do in the meantime.

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48 thoughts on “What the worst inflation in decades means l ABCNL”

  2. So what’s your recommendation for all of those city and government employees who are about to lose their entire pension due to the negligence of the SEC, congress, and the senate enabling hedge funds and big banks to be reckless like they were before the 07/08 crash?

  3. Are we seriously to the point where the media is telling us how to lower our standard of living? This is America, and this never would have happened under Trump.

  4. The American economy is collapsing, and what is our government spending its time and focus on?…endless hearings on January 6th. Very few Americans give a hoot about January 6th when they can’t find formula to feed their babies, spend $5.60 for a gallon of gas, and can’t afford more than a few items at the grocery store which cost over $100. Typical politicians.

  5. "By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." — John Maynard Keynes

  8. Means 81 million are some of the dumbest people on the face of the earth & should be held accountable

  10. "I would do it [study UFOs], but before agreeing to do it, we must insist upon full access to discs recovered. For instance in the L.A. case, the Army grabbed it and would not let us have it for cursory examination."

    J. Edgar Hoover-Director of FBI

    The security guard called and said, “Sir, there’s a glowing red object

    hovering right outside the front gate. I’ve got all the men out here with

    their weapons drawn.” We lost between 16-18 ICBMs (nuclear tipped Inter Continental Ballistic Missiles) at the same time UFOs were in the area… (A high ranking Air Force officer) said, “Stop the investigation; do no more on this and do not write a final report. I heard that many of the guards that reported the incident were sent off to Vietnam."

    Captain Robert Salas, USAF, during a videotaped interview for the Disclosure program.

    "A few insiders know the truth…and are studying the bodies that have been discovered."

    -Dr. Edwin Mitchell Apollo 14..the 6th NASA employee to walk on the Moon.

    "Maximum security exists concerning the subject of UFOs.”

    CIA Director, Allen Dulles, 1955.

    “Behind the scenes, high-ranking Air Force officers are soberly concerned about UFOs. But through official secrecy and ridicule, many citizens are led to believe that unknown flying objects are nonsense.”

    Former CIA Director, Roscoe Hillenkoetter, public statement, 1960.

    “We’ll know our disinformation program is complete when everything the American public believes is false”

    -William Casey, CIA director, 1981

    “Yes, there have been ET visitations. There have been crashed craft. There have been material and bodies recovered. There has been a certain amount of reverse engineering that has allowed some of these craft, or some components, to be duplicated. And there is some group of people that may or may not be associated with government at this point that have this knowledge. They have been attempting to conceal this knowledge. People in high level government have very little, if any, valid information about this. It has been the subject of disinformation in order to deflect attention and create confusion so the truth doesn’t come out. ”

    ― Edgar D. Mitchell, The Way of the Explorer: An Apollo Astronaut's Journey Through the Material and Mystical World

    AFFIDAVIT

    (1) My name is Thomas Jefferson Dubose

    (2) My address is: XXXXXXXXXX

    (3) I retired from the U.S. Air force in 1959 with the rank of Brigadier General.

    (4) In July 1947, I was stationed at Fort Worth Army Air Field [later Carswell Air Force Base] in Fort Worth, Texas. I served as Chief of Staff to Major General Roger Ramey, Commander, Eighth Air Force. I had the rank of Colonel.

    (5) In early July, I received a phone call from Maj. Gen. Clements McMullen, Deputy Commander, Strategic Air Command. He asked what we knew about the object which had been recovered outside Roswell, New Mexico, as reported in the press. I called Col. William Blanchard, Commander of the Roswell Army Air Field, and directed him to send the material in a sealed container to me at Fort Worth. I so informed Maj. Gen. McMullen.

    (6) After the plane from Roswell arrived with the material, I asked the Base Commander, Col. Al Clark, to take possession of the material and to personally transport it in a B-26 to Maj. Gen. McMullen in Washington, D.C. I notified Maj. Gen. McMullen, and he told me he would send the material by personal courier on his plane to Benjamin Chidlaw, Commanding General of the Air Material Command at Wright Field [later Wright Patterson AFB]. The entire operation was conducted under the strictest secrecy.

    (7) The material shown in the photographs taken in Maj. Gen. Ramey’s office was a weather balloon. The weather balloon explanation for the material was a cover story to divert the attention of the press.

    (8) I have not been paid or given anything of value to make this statement, which is the truth to the best of my recollection.

    Signed: T. J. Dubose

    Date: 9/16/91

    Signature witnessed by:

    Linda R. Split

    Notary Public, State of Florida

    "There exists a shadowy government with its own Air Force, its own Navy, its own fundraising mechanism, and the ability to pursue its own ideas of national interest, free from all checks and balances, and free from the law itself.“ —

    Daniel Inouye Senate Select Committee on Secret Military Assistance to Iran and the Nicaraguan Opposition (Iran-Contra hearings) (1987)

    Genesis 19:24

    Then the LORD rained upon Sodom and upon Gomorrah brimstone and fire from the LORD out of heaven;

    MEANINGFUL congressional hearings, ala the Watergate hearings, including aerospace/defense contractors and Vice Admiral Thomas R. Wilson must be held to address a vital issue that transcends politics and we will never properly advance until it happens: The 75+yr ongoing-constitutionally illegal,

    EXTRATERRESTRIAL cover-up. How can we truly believe anything our elected officials say? The dog n pony shows must cease.
    Show less

  18. It looks like you have a choice but there is no competition, Unilever owns ice cream brands such as Breyers, Ben and Jerry's, Walls, Magnum, Good Humor, Cornetto, Carte d'Or Light, Solaro, Algida, ..
    Crony capitalism has finally caught up. Just a few big corporations own it all lock stock and barrel.

  21. This rampant inflation that is impoverishing so many Americans cannot be accidental. It is the result of Brandon's incompetence, who understands nothing, and a well-thought-out plan by whoever manipulates that puppet, that is, the establishment that supports the MI complex.
    Putin sent his poorest, most desperate and hopeless soldiers to the front in Ukraine. In the US there are not enough poor of that kind, so they have to create them, because there are those who are comfortable and safe in their office and dream of sending troops against Russia. If America doesn't wake up and rebel, things could be a lot worse than now.

  22. How is everyone's 401k's doing? I've lost about $200K since January and I am in 50% cash. Keep up the bad work Joe.

  24. It’s amazing there’s a blame to too much spending it’s amazing this is the price of a free lunch

  28. the 99% need to cut back while the 1% including Biden and his globalist WEF friends enjoy the high life. Sri Lanka is a forewarning of whats to come

  30. I'm age 71. I lived through the recession of 2008-2012. My husband was driving an hour each way to work (in good weather.) That took $450.00 a month right off the top of his income. It was tough on a one income family. I did go out and find two part time jobs (there were no jobs in our rural area.) All I could find was a 20 hour a week $10.00 an hour job managing a lawyers/developer's business and ran a self-storage business. That was about $250.00 every two weeks. We had to earn $10.000 within three years for a county flood drain assessment-times were very tough then as well.

  31. It means I won't be spending money on places paying 16 dollars an hour that used to pay 11. Way to go on that "living wage thing". I would rather have stability in the economy. Democrat morons.

  34. Venturing into the trading world without the help of a professional trader and expecting profit is like turning water into wine, it would take a miracle, that's why I trade with Diane, her skill set is exceptional.

  37. Recession will set in once interest rate is raised too high.
    With consistently high gas price, there is bound to be serious inflation.
    What all the politicians do is for their self interest such as selling weapons and get huge political donations.
    All the time the Western world is only thinking about power and hegemony; Russia’s economy is hardly dented; Chinese economy is rising daily.
    Looks like live and let live is the best policy for all mankind.

  38. Fighting 9.1% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds

  44. Inflation is only starting folks . Ww3 coming soon thanks to warmonger Dems . They think it's better to kill billions than to leave Ukraine alone .

  45. 16 For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life. 17 For God did not send His Son into the world to condemn the world, but that the world through Him might be saved.

    18 “He who believes in Him is not condemned; but he who does not believe is condemned already, because he has not believed in the name of the only begotten Son of God. John 3:16-18 NKJV

  46. Y must a well 2 do ( upper middle class ) woman like myself have 2 pick up a extra hustle 2 continue living lavishly 🤔🤔🤔🤔🧐🧐🧐🧐🧐

  48. Biden is sending 1.7 Billion to Ukraine for there health care workers salary and 400 million Aid to Ukraine military. And this SOB is raising tax on poor Americans, As Biden economy putting America Last our economy continues to collapse.

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