Inflation in the last year has us paying more for everything

Photo by Alexi Rosenfeld/Getty Images

Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • Price of Unleaded Gas Up 40.8% Under Biden; Used Cars Up 40.5%; Beef Up 16.0%
  • Between January 2021 and January 2022–President Joe Biden’s first year in office–the price of unleaded gasoline increased 40.8 percent, according to the Bureau of Labor Statistics.
  • The price beef and veal products increased 16.0 percent, according to BLS. That included a 13.0 percent increase in the price of uncooked ground beef; a 17.1 percent increase in the price of uncooked beef steaks; and a 19.2 percent increase in the price of uncooked beef roasts.
  • The price of pork increased 14.1 percent.
  • The price of chicken increased 10.3 percent.

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