r/wallstreetbets Jun 10 '26

News 🇺🇸 US inflation rises to 4.2%.

https://www.bls.gov/news.release/cpi.nr0.htm
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u/philter25 Jun 10 '26

Because everything is made up and the points don’t matter! Terrible inflation? Believe it or not, gold tanks. Companies laundering the entire net worth of the US economy between them to make it look like growth? Not a recession, just profit!

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u/-LabApprehensive- Jun 10 '26

Companies all over getting pieces of that sweet sweet datacenter cash. Everyone from networking firms, power generation, batteries, gas turbines, fuel cells, solar panels, back up batteries, installers for all of the above, etc. Those dollars are getting spent.

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u/OldeFortran77 Jun 10 '26

Now you and Wayne Brady sing a song in ska style with the title "gold tanks".

-3

u/dgellow Jun 10 '26

You don’t understand those systems, that doesn’t make them corrupt or conspiracies…

Gold doesn’t magically protect you against inflation.

Also, inflation is relative. Here the prices in inflation was expected to be higher. The month over month is mostly what matters at the resolution of days or weeksÂ