Deputy Treasury Sec’y: We’ve Seen ‘Prices Come Down,’ ‘Inflation Keeps Coming Down’

Breitbart ^ | 08/10/2023 | Ian hatchett

[ChicagoConservative27]

While speaking with Bloomberg on Thursday, Deputy Treasury Secretary Wally Adeyemo discussed the July CPI report where inflation and core grew by 0.2% in the month, the same rate as the month before and the annual rate increased from 3.0% to 3.2% while annual core inflation dropped from 4.8% in June to 4.7% and said that we’ve seen “prices come down,” and “inflation keeps coming down” from the 9% headline numbers we had a year ago.

[ChicagoConservative27]

This gaslighting is unreal

[Secret Agent Man]

Outright lies.

Note they don’t ask exactly where or what they are looking at to make this claim.

[kb2614]

Spoken by people who never have to grocery shop.

[blackdog]

Aren’t the empowers new clothes just handsome?

[BradyLS]

It’s the same logic that calls a decrease in the rate of spending for an agency a “budget cut.”

[cuz1961]

Just another day in progs upside down world.

[wjcsux]

“This gaslighting is unreal.”

Yep, they are pissing on us and tell us it’s raining.

[Blood of Tyrants]

I estimate that prices have increased by about a third since 2020.

[Adder]

Wally, you are a liar.

[Paladin2]

Boxes of crackers in the grocery store have been seen to be expanded?

[madison10]

Hahaha. Lying again.

[Tupelo]

Oh yeah, inflation is falling faster than Biden’s approval rating. We went to the grocery on Wednesday and the results are amazing. We got approximately the same amount of groceries that we paid $225.00 for in 2020 for only $330.85.
I don’t think we can stand much more of the falling inflation rate.

[madison10]

Freudian slip?

[xkaydet65]

Actually it’s worse I believe. This agent of govt propaganda equates a lower price increase with a lower price and clearly expected to get away with that claim. Which he did. But this, unlike your example which is bad enough, directly affects every single American. And he will get away with this. That’s where we are in this country today.

[VTenigma]

What color is the sky in their world?

[EEGator]

Same broad who said Rus v Ukr is good for the economy.

[virgil]

Lies. Just deliberate lies.

[virgil]

It doesn’t really include the shrinkflation either.

[Political Junkie Too]

We’ve Seen ‘Prices Come Down,’

Did Wally take into account the "shrinkflation" that reduced the package sizes of the products while simultaneously charging more for them?

Even if prices *may* have come down slightly, the product is still smaller than it used to be.

-PJ

[Brian Griffin]

$1.00
$1.25
$1.40
$1.50
$1.59
$1.67
$1.74
$1.80
$1.85
$1.85
$1.96
....