Edward Snowden Says 'We Are All Going To Be Billionaires' But...

Edward Snowden Says 'We Are All Going To Be Billionaires' But...

Edward Snowden quipped Wednesday that “we’re all going to be billionaires,” while commenting on record inflation numbers made public the same day.

The former intelligence consultant said in a tweet that while people would turn billionaires a gallon of milk would cost $2.6 trillion as a result of steep price increases.

In a separate tweet, Snowden shared a Wall Street Journal headline that read “U.S. Inflation Hits Four-Decade High of 9.1%” and said he was trying to imagine the mindset of a kid graduating high school this year and realizing “they're about to step into the world with the difficulty slider locked on Nightmare Mode.”

Consumer Price Index grew 9.1% on a year-over-year basis in June compared with an estimate of 8.8% and May’s 8.6% number. This is the highest level of CPI in more than 40 years.

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Photo: Courtesy of Gage Skidmore via Wkimedia

Posted In: Consumer Price IndexEdward SnowdenInflationNewsEconomics