I

CPI

"But core prices rose just 0.3% between June and July"

Thats still an annualized rate of 3,6% excluding food and energy.

Whats the two main things people need to stay alive again?

PPI

"core PPI rose 0.2% from June"

Thats still an annualized rate of 2.4% excluding food and energy.

"And the U.S. has taken unprecedented measures by releasing record amounts of oil from the Strategic Petroleum Reserve in an effort to put a lid on higher prices."

All of this right when China is practicing invading Taiwan and Russian armed forces are on high alert.

...wonder...what could ever go wrong?

Revelation 11:10

"The inhabitants of the earth will gloat over them and will celebrate by sending each other gifts, because these two prophets had tormented those who live on the earth."

By telling them the truth they did not wanna hear basically.