President Joe Biden touted falling food prices Thursday, but the latest federal data shows the price of food is actually on the rise and has been for more than a year.
The U.S. Bureau of Labor Statistics released new inflation data Thursday that showed the overall consumer price index dropped 0.1%, driven in part by a decrease in energy prices.
“For the sixth month in a row, yearly inflation is down,” Biden wrote on Twitter after BLS released the data. “It might be rising in economies around the world, but it’s coming down here. And gas prices, food, and more are […]
Article Source: justthenews.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.