Article created by: Denis Tymulis

Rising food and energy costs have pushed the already soaring U.S. inflation to another four-decade high. According to the Labor Department’s Bureau of Labor Statistics, the February Consumer Price Index (CPI) increased 7.9% over the past 12 months. CPI measures the weighted average prices of goods and services, such as gas, food, medical care, and more.

The surging prices not only force more and more Americans to re-think their budget but also invite industry experts to share their thoughts. Recently, one such Bloomberg article has gone viral. NYC-based labor economist Teresa Ghilarducci wrote a piece headlined 'Inflation Stings Most If You Earn Less Than $300k'. Later on, Bloomberg shared it on social media, and it got widely mocked by anyone with a Twitter account.

You see, Ghilarducci shared tips on dealing with inflation which people all over thought were extremely out-of-touch and delusional about the reality. She wrote that if you want to "lessen the blow" of inflation, it’s time to substitute lentils for meat and let your pet die of cancer. People quickly started sharing their reactions online, so scroll down to see what they had to say.

Bloomberg’s recent opinion piece with tips for surviving inflation "if you earn less than $300k" received backlash on Twitter, with many people sharing their reactions

Image credits: economics

Image credits: bopinion

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Tweet reaction to Bloomberg's 'Surviving Inflation' tips suggests canceling a subscription.

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    Internet reactions to Bloomberg's inflation tips shown with chimpanzees displaying aggressive behavior in a meme.

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    Tweet reacting to Bloomberg's inflation tips, suggesting a return to old punitive methods.

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    #4

    Tweet criticizing Bloomberg's 'Surviving Inflation' tips, suggests price gouging, mentions business profits.

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    #5

    Tweet reaction on Bloomberg's inflation tips, humorously suggesting "the rich" instead of lentils for protein.

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    #6

    Tweet reaction about Bloomberg's 'Surviving Inflation' tips, showing contact details of author and editor at Bloomberg.

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    #7

    Tweet reacting to Bloomberg's inflation tips, criticizing capitalism's impact on democracy and workers.

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    #8

    Tweet sarcastically reacting to Bloomberg's 'Surviving Inflation' tips, discussing bulk buying benefits and gas savings.

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    Tweet with humorous reactions to Bloomberg's inflation survival advice.

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    #10

    Tweet reaction on inflation tips, emphasizing affordable food, housing, and transportation for all salary sizes.

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    Tweet reacting to Bloomberg's inflation tips with sarcastic comments on practicality and lifestyle adjustments.

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    #12

    Tweet about inflation reactions, highlighting the disparity in its impact on different income groups.

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    #13

    Tweet humorously suggesting a $145 hourly wage as a solution to surviving inflation.

    DavidSandri2 Report

    #14

    Meme reaction to Bloomberg's 'Surviving Inflation' tips, featuring a humorous critique in a tweet conversation.

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    #15

    Man humorously reacting to Bloomberg inflation advice, applying lentils as a makeshift fix with Flex Tape.

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    #16

    Humorous reactions to Bloomberg's inflation tips, mentioning unconventional ideas like downgrading to a camper.

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    #17

    Tweet reacting to Bloomberg's inflation tips with bold suggestions about tax and corporate policies.

    CannibalHoliday Report

    #18

    Woman in a "Stop Being Poor" shirt, reacting humorously to Bloomberg's inflation tips.

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    #19

    Meme reaction to Bloomberg's inflation tips, featuring a facepalming character expressing disbelief or frustration.

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    #20

    Tweet reacting to Bloomberg's 'Surviving Inflation' tips with humorous suggestions on saving resources.

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    #21

    Tweet reacting to Bloomberg's inflation survival tips, highlighting globalism and criticizing elite ideology.

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    #22

    Twitter user questions Bloomberg inflation tips about selling and buying cars.

    bethorluzb4 Report

    #23

    Tweet listing humorous reactions to inflation survival tips with a bullet point list.

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    #24

    Tweet reacting to Bloomberg's 'Surviving Inflation' tips with a graph comparing income levels under $300,000 annually.

    SeanBellring Report

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    #25

    Internet reactions to Bloomberg's surviving inflation tips, including humorous tweets on saving costs creatively.

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    #26

    Tweet reacting to Bloomberg's 'Surviving Inflation' advice for high-income earners.

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