The current spike in inflation is no accident. It's the result of reckless policies that squeeze the supply of goods and services—notably energy. Images: Reuters/AFP/Getty Images Composite: Mark KellyThe U.S. economy faces multiple challenges. The recovery has been more rapid than expected but now there’s an acute inflation problem.
The current inflation has many causes, including a post-pandemic reallocation of labor, a spending shift from services to goods, lingering supply-chain disruptions, and rising global oil and gas prices. These international factors don’t tell the whole story. Inflation in the U.S. was similar to what the euro area experienced going into the pandemic, but prices have risen a cumulative 4% more in the U.S. over the past two years.
opinion jasonfurman Lol he doesn't know how inflation works
opinion jasonfurman The Trump Infrastructure Plan.
opinion jasonfurman Work for Americans Mr. President 🙏🏾💪🏽👏🏾👏🏾👏🏾♥️😊
opinion jasonfurman Bullshit!
opinion jasonfurman What short term effects? Inflation affects everyone long term, took 2 decades of hard work to undo the lefts gaffes throughout the 60’s and 70’s……
opinion jasonfurman Of course they are. That is why 17 Nobel economists weighed in on just that issue.
opinion jasonfurman Trump's $2 TRILLION gift to the rich is causing a lot of inflation. The way to reduce inflation is to TaxTheRich.
opinion jasonfurman Suddenly the media loves inflation!
opinion jasonfurman
opinion jasonfurman One of the rare occasions when the replies are wackier than the opinion piece
opinion jasonfurman 😂😂😂🤡🤡🤡
opinion jasonfurman He can't build back what he isn't part of . The Rock is coming .
opinion jasonfurman The road to hell is paved with good intention. Inflation will continue to raise as $3 trillion in new fiat money is co-mingled with the already $29 trillion existing fiat money making it worth even less while continuing to drive up prices.
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