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Media Attempt to Downplay Alarming New Inflation Report

Despite media spin, price inflation is still very much a problem.

by Brad Polumbo
September 20, 2021
in Opinions
Media Attempt to Downplay Alarming New Inflation Report

Discern Report is the fastest growing America First news aggregator in the nation.

It’s no secret that the mainstream media has a left-leaning bias. So it’s not exactly surprising that when alarming new inflation data were released on Tuesday, many journalists and media outlets attempted to downplay the story. After all, rising concerns about inflation could hamper the federal government’s ongoing efforts to massively increase government spending and expand the welfare state.

Here are just a few examples of countless reports that sought to downplay the just-released inflation figures. For one, the Washington Post dubbed the new numbers “an early sign that inflation could be easing.” And CNBC went with a different spin in its headline: “Consumer prices post smaller-than-expected increase in August.”

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Meanwhile, many left-leaning commentators and analysts argued that the new data vindicate their claims that recent price inflation is just “transitory.” (Aka temporary.)

Inflation continues to look like a temporary, transitory problem that is mostly working itself out. https://t.co/JI6liSEmtG #inflation

— Jim Kessler (@ThirdWayKessler) September 14, 2021

In August, core CPI grew 4.0% year/year. This is less than the 4.3% expected. Great news! Point: team transitory. pic.twitter.com/j0W9EaAHKd

— Steven Rattner (@SteveRattner) September 14, 2021

Point for team transitory.

— Tim Stenovec (@timsteno) September 14, 2021

Yet when one looks at the actual report released by the Bureau of Labor Statistics, this rosy spin seems utterly unwarranted. It shows that the Consumer Price Index, an average sample of typical consumer prices, rose 0.3 percent in August. This is less than the 0.4 percent increase that had been predicted, prompting the media spin to suggest that August saw “less inflation than expected.” While perhaps true, this is misleading, because the new figures still show prices seriously on the rise.

On an annual basis, from August 2020 to August 2021, prices rose 5.3 percent. That’s nearly a 13-year high!

In particular, energy costs rose 25 percent year-over-year, while food prices rose 3.7 percent. Used vehicle prices rose a whopping 31.9 percent over the last year as well. These are just a few examples of the many ways Americans’ purchasing power—their real standard of living—eroded over the last year due to price inflation.

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BREAKING: Inflation was up +5.3% in August over the prior year, driven largely by used cars, gas and food

The good news: Inflation grew slightly slower in August (0.3% vs. 0.5% in July and 0.9% in June)

The bad news: Inflation remains high. +5.3% is nearly a 13-year high.

— Heather Long (@byHeatherLong) September 14, 2021

It might be true that inflation is easing or slowing down, but that’s not the main takeaway here. Prices have still risen significantly! And, as shown in the graph below, comparing August 2021 to August in years past shows that price inflation is still very much a problem.

Image Credit: Bureau of Labor Statistics

Ultimately, prices are still rising in alarming ways. That can be traced back to government policies like the Federal Reserve’s printing of trillions of new dollars to fund COVID “stimulus” efforts. Those who want the feds to spend more and grow the welfare state have every incentive to downplay the consequences of fiscal and monetary recklessness.

But don’t fall for the media spin. Everyday Americans suffer the consequences of price inflation when their paychecks don’t stretch as far as they used to. It’s important to look beyond political narratives to understand just how much “stealth taxation” via inflation is really going on.

Brad Polumbo

Brad Polumbo

Brad Polumbo (@Brad_Polumbo) is a libertarian-conservative journalist and Policy Correspondent at the Foundation for Economic Education.

This article was originally published on FEE.org. Read the original article.

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Plandemic, Voter Fraud, Afghanistan: All Parts of The Great Reset

If you still consider “conspiracy theorist” to be a pejorative, you’re not paying enough attention.

What do Covid-19, 2020 (and beyond) election fraud, and our disastrous abandoning of American citizens in Afghanistan have to do with one another? They’re all parts of the globalist plan to usher in a new era of Neo-Marxism in a depopulated world. This is The Great Reset unfolding before our eyes, and the only way we can stop it (other than through constant prayer) is to stand together and spread the truth.

Covid-19’s attachment to The Great Reset is obvious, though we continue to post about it daily. Voter fraud is a bit less obvious but nonetheless easy to recognize when we understand that people like Joe Biden, Justin Trudeau, and Emmanuel Macron are pushing to “Build Back Better” under the precepts of Neo-Marxism.

The Afghanistan betrayal in August, 2021, is harder to associate with The Great Reset, but it’s definitely just as attached. We can see this is the unwillingness of the Biden regime to extend the deadline to withdraw despite American lives put clearly in harm’s way. We can see it in the needlessly abandoned military equipment that was conspicuously left intact; disabling a Black Hawk takes minutes but they were given to the Taliban in pristine working condition. Then, there’s the pallets of hundred dollar bills left for them. If you think all of this was just irresponsible governance, you probably think Barack Obama is out of politics, too.

Weakening America’s standing in the world and empowering the Chinese Communist Party and others to engage fully with our enemies in a globalist cabal are beneficial to the architects of The Great Reset, and both happened in one fell swoop in August.

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These truths need to be spread. As a conservative network of news outlets, we are swimming upstream against the forces of mainstream media. We are getting canceled across the board by Big Tech. We will continue to spread the truth to millions, but we desperately need help to spread the truth to a wider range of people. This is where you come in.

The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

Our network is currently comprised of nine sites:

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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.

“Nations, states, and central banks are quietly but rapidly shifting their money to precious metals. With bank runs, recession, CBDCs, and worse on the horizon, it’s easy to see why. NOW is the time to learn more about moving portions of your retirement or wealth to a self-directed gold and silver IRA through an America-First, Christian precious metals company.” – JD Rucker (not a financial advisor, just a guy who’s paying attention)

Also, we could use contributions of content. If you write or want to start writing and you share our patriotic, conservative, America First ideology, contact us. The contact form on this and all pages on the site goes directly to me.

Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.

While donations are the best way to help, you can also support us by buying through our sponsors:

  • MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).

Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.

Thank you and God Bless,
JD Rucker

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Mike Adams: Force Majeure Could Be Unleashed as Part of the Engineered Great Reset

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