Grocery prices up 40% since 2019; US 10-year inflation-adjusted yields peak; Inflation is going to shock a lot of people

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Grandma Yellen’s recent claim that inflation will continue to decline might sound comforting, but for many hardworking Americans, it’s far from the truth. Despite assurances from Washington, the reality on the ground tells a different story.

Take a stroll through the grocery store aisles, and you’ll notice the price tags climbing steadily upward. From everyday essentials to household staples, prices have surged by over 40% since 2019, pinching the pockets of families across the nation.

But perhaps what’s even more alarming is the disconnect between official statements and the lived experiences of everyday Americans. Treasury Secretary Yellen’s confidence in declining inflation feels out of touch when families are struggling to make ends meet amidst rising costs.

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It’s not just about groceries; it’s about the broader economic impact. Inflation-adjusted yields on US 10-year bonds are hitting their highest levels in 2024, signaling underlying concerns about the economy’s health.

Yet, amid these warning signs, the voices from Washington continue to downplay the severity of the situation. It’s a tale as old as time: the people in power weaving a narrative to keep the masses docile, all while the truth remains buried beneath layers of political rhetoric.

But the truth has a way of surfacing, and as Americans grapple with the everyday realities of inflation, they’re waking up to the fact that the promises of those in power don’t always align with their lived experiences.

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So, while Grandma Yellen may remain confident in her predictions, for the rest of us, the rising tide of prices serves as a stark reminder that sometimes, the truth lies beyond the halls of Washington.

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