Consumer prices rose by five percent year-over-year according to the Bureau of Labor Statistics, the largest yearly increase since 2008. NBC’s Stephanie Ruhle discusses how inflation could impact the economy.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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#Consumers #Economy #News
Consumer Prices Surged 5% in May, Largest Yearly Increase Since 08′
I wonder why NBC refused to correlate the record money printing over the last year with record inflation numbers?
If history has proven anything, the one thing we know is you can't print trillions of dollars without the causation of inflation.
If you're not wrecking the economy then you ain't a Democrat, Joe Biden.
Since the pandemic stores have to makeup for what they lost so we the consumer have to pay.✌️✌️✌️✌️✌️🙏🍀🤗🌈
Why would price go back down? Transitory is a lie.
Those economists who think that prices will "normalize" in the future are only fooling themselves. Prices only go up, and not the other way around in the absence of a recession.
American monetary and fiscal policy aren't helping either. It's easy to figure out that printing U.S dollars and paying stimulus checks cause inflation.
Greed greed greed. It's not a fuel issue, it's not pipeline closures, it's not a logistical issue, it's not a political issue. It's plain old GREED.
Inflation, gas prices, etc, Biden wasted no time destroying the economy.
I've tried to be successful in Bitcoin/forex trading and stock but I always end up losing money, last month I lost about $4,500 trying to trade for myself😭😭😭
Shhhhh. Inflation is only a conspiracy theory. Wait for everyday people to get upset and then blame them for believing it.