Breaking Down Biden’s Bogus “Zero” Inflation Comments

The U.S.’s latest inflation report may not be as positive as the White House is playing it off to be…

Last week, the Bureau of Labor Statistics’ Consumer Price Index (CPI) showed prices rose 8.5% on an annual basis. This was below Wall Street’s anticipated 8.7% rise and June’s increase of 9.1% thanks to moderating oil prices.

Month-over-month, the CPI showed prices remained flat with 0% growth. In the previous month, the CPI jumped by 1.3%.

This prompted the Biden administration to say the economy had “zero percent inflation” in July. 

But the President’s math doesn’t add up…

Even though inflation wasn’t as high as money manager’s projected, the figure still rose 8.5% on a yearly basis. Meanwhile, the food-at-home index, which represents groceries, surged by 13.1% – marking its fastest rate of growth in 43 years.

This suggests that while there was a slight reprieve in prices at the pump, foods such as flour, chicken, milk, bread, and eggs are hitting record levels.

Year-over-year, flour and chicken prices gained by 22.7% and 17.6%. Meanwhile, milk, bread, and eggs saw prices jump by 15.6%, 13.7%, and 38%, respectively.

And the cost of living also grew. On an annual basis, shelter-related costs climbed 5.7%. Month-over-month, the figure increased by 0.6%. 

So, despite July’s “zero inflation,” total inflation growth remains well above the U.S. Federal Reserve’s target rate of 2.5%. 

This means we can expect more rate hikes from the central bank in the months ahead – as inflationary pressures are unlikely to end anytime soon.

As a result, investors will likely continue to pile into value plays, safe-haven assets, and cyclical stocks – including one trading at an absolute bargain…

The perfect $4 inflation stock?

Whitney Tilson

In 1997, I did something many people would call unthinkable.

I took every penny in my wife's entire retirement account – with her permission, of course – and invested the $20,000 in shares of America Online.

A year later, I cashed out for $120,000.

It blew my mind how quickly I'd made $100,000.

Why am I telling you this?

Because I see a chance for you to do something similar today (for only $4).

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More important… I think this stock could soar by 1,000% over the next handful of years.

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To see for yourself where this money is headed, click here.

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ELON’S FINAL MOVE​

Elon’s new AI venture promises to create 10 TIMES MORE American millionaires than Tesla did.
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The 3 Titans of AI

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The 3 Titans of AI

Get ready to join the AI revolution! The unstoppable rise of artificial intelligence AI is taking the world by storm, transforming industries and reshaping the future. Excitingly, numerous companies are diving headfirst into this cutting-edge technology, pouring massive investments into AI to revolutionize their products, slash costs, and gain an unbeatable edge over the competition.

But wait, there’s more! Through meticulous research and rigorous analysis, I’ve uncovered the crème de la crème of the AI world. These three mighty AI behemoths are the crown jewels of the market, primed to ride the surging tide of AI adoption across industries.

Imagine the thrill of being part of their phenomenal growth story! Brace yourself for the exciting journey ahead as you invest in these AI Titans—the vanguards of innovation, the masters of AI mastery. They are set to unlock unparalleled opportunities and immense value for savvy investors seeking long-term prosperity.



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Bill Gates is all about this tiny $2 stock

According to Bill Gates… This company is working on a unique technological innovation that is going to change the world as we know it.

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Free Access to Chaikin Analytics

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How to Collect "Amazon Royalty" Payouts Before the Deadline

Thanks to a little-known IRS loophole, regular Americans can collect up to $28,544 (or more) in payouts from what is called “Amazon’s secret royalty program”…
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New "Forever Battery" making gas cars obsolete​

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New EV Set to Disrupt Entire Industry

The Wall Street Journal calls it “an American manufacturing triumph.” – Will this disrupt the entire $1.3 trillion EV boom?


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Tiny TSLA Supplier To Soar

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Own This Texas Oil Stock Today

Texas Oil Stock to Benefit from Surging Gas Prices. Reveal the ticker by signing up below and you’ll receive ongoing updates from Market Junkie.



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$3.73 EV Stock No One's Talking About

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

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53-cent Biotech Stock with $2 Price Target

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only 53 cents.

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