All right, he had a look and everyone welcome to it is the Derrick Hunter podcast to the 14th of July 2022, right man?

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There is of course a lot going on today. It's one of those days where, you know, I guess I shouldn't have made a plan. They sit there and you go, I'm going to do this and then of course, right, you know, you sit there and you go, boom, suddenly everything changes.

Everything changes because we've got the the new inflation numbers 9.1% 9.1% year over year inflation. Joe Biden is historic is always not just historic because of Kamala Harris and incompetence,

seniority and everything else that we know and love him for. It's because he's just got awful at the damn job. He really is all that Putin price, stuff, Putin price, it's the Biden price.

9.1% was higher than expected. Now it's funny is the administration's running around going, let me just tell you, inflation's going to be pretty high but it's all because of gas prices.

You see, it had it factors in gas prices and gas prices were high in June. So that's why it's high. It has nothing to do with us. Really has has nothing to do with you.

So groceries being up 12% in the past year.

It's all just the 9.1% is all gas, but now gas is up year over year. There's no question about that. But I don't think that the inflation numbers are all because of gas prices.

Gas prices certainly hurt, but the spending, the setting on fire of the money that you guys do, those sorts of things they have a bit because gasoline is up 59.9% 60%.

Energy in general up 41.6%. This is all Yahoo finance numbers. New vehicles up 11.4% airline fares up 34.1%. Food and beverages up 10%. Wait a second. That's we don't eat gasoline. Last I checked we don't eat gasoline. Although, you know, gasoline is so expensive and people can barely afford it.

Maybe we will start eating gasoline. Who knows? It might come to that point.

Used cars and trucks up 7.1% shelter housing rent mostly of 5.6% clothing up 5.2%.

So when you sit there and you look at these numbers and you go, wait a second, the White House has been trying to prep us for inflation being high, but they're saying it's all because of gasoline.

That might not be, it might be that the Biden administration isn't telling us the truth. I know. I hope you were sitting down for that.

Brian D's, the National Economic Advice, the director of the National Economic Council, Biden's chief of advice when it comes to economics.

He tweeted out yesterday in preparation for these bad numbers. They knew it was coming. See, they're not some technically I don't know if they know or not what's coming and they know what's coming.

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