Inflation Creeps Higher to 2.7% in November—A Warning Sign for the Financially Vulnerable
The Real Deal on November's Inflation Numbers
The Labor Department’s latest Consumer Price Index (CPI) report might seem benign at first glance: inflation rose 2.7% on an annual basis, up slightly from October’s 2.6%. Economists from the corporate peanut gallery expected this, so no big surprise there. But take a closer look, and the cracks in the foundation are impossible to ignore.
This isn't some "transitory" blip—it's persistent, systemic, and engineered to bleed your wallet dry. Core prices, which strip out the volatile costs of food and gas (as if you don’t need those), are up 3.3% from last year. Shelter alone accounts for 40% of the monthly CPI gain, with rents up 4.7% year-over-year. Translation? If you’re struggling to keep a roof over your head, get ready for more pain.
Energy, Food, and the High Price of Staying Alive
Energy prices saw a modest increase of 0.2% in November but are still down 3.2% from last year. Gasoline jumped 0.6% for the month but is 8.1% cheaper than a year ago—not that this is cause for celebration. Electricity, however, climbed 3.1% year-over-year, chipping away at your utility budget.
Food costs? Up across the board. Groceries surged 0.5% in November, with egg prices skyrocketing 8.2% for the month and an obscene 37.5% from last year, thanks to yet another bird flu outbreak. You’re not just paying more at the pump—you’re paying more for everything from your breakfast to your rent.
The Car Insurance Con and Hidden Costs of Transportation
Transportation services remained flat month-over-month but climbed 7.1% annually. Auto insurance is the big culprit here, up a staggering 12.7% from last year. Even your car repairs are costing 7.8% more than they did a year ago. It’s a death-by-a-thousand-cuts scenario for anyone relying on a vehicle to get to work—or survive.
The Fed’s "All Clear" Signal to Keep Cutting Rates
Next week, the Federal Reserve is widely expected to cut interest rates by another 25 basis points. The media parrots like to tell you this is a good thing—it’s supposed to spur borrowing and growth, right? Wrong. These cuts are a smokescreen for a failing monetary system. Lowering rates doesn’t erase your debt or lower your grocery bill; it just props up the banks and Wall Street while leaving Main Street to rot.
Ellen Zentner from Morgan Stanley smugly declared, "The data have given the Fed the 'all clear' for next week." Translation? They’ll keep tinkering with their levers and dials while your paycheck stretches thinner every month.
Wake Up and Protect Yourself
This isn't a random economic fluctuation—it’s a controlled takedown of the middle and working class. Inflation isn’t just about numbers on a report; it’s about making you poorer while the Federal Reserve and its corporate cronies consolidate power.
You need to take action. Start by downloading "Seven Steps to Protect Yourself from Bank Failure" by Bill Brocius Download Now. It's time to stop playing by their rules and start securing your financial future.
The financial market is crumbling and EVERYONE will be affected. Only those who know what's going on and PREPARE will survive... dare we say thrive. Our 7 Simple Action Items to Protect Your Bank Account will give you the tools you need to make informed decisions to protect yourself and the ones you love.