Velshi: Inflation can be scary. But if past is prologue, it will end.

'The question isn't whether we really have inflation — we do, but just how worried we should be about it,' Ali Velshi says.

12/5/2021 4:27:00 AM

'The question isn't whether we really have inflation — we do, but just how worried we should be about it,' Ali Velshi says.

On paper, the U.S. economy is booming right now. Jobs are coming back fast, businesses are open, wages are increasing, and the stock market continues to hit records. Yet some Americans are struggling to come up with enough money to pay for goods, food, and services. It feels like everything is more expensive. It all boils down to inflation: the rise in price of goods and services. So, just how worried should we be? The Biden Administration had been calling it “transitory” - in other words, short term. Not permanent. But measuring inflation during an unprecedented pandemic can be tricky. America has seen inflation before. Each inflationary episode, different from the last. Inflation can be scary, especially if you are old enough to remember what real inflation feels like. And especially if you are on a fixed income. Fed Chair Jerome Powell has already said this inflation period has lasted longer than expected. But it will end. We just have to figure what to do to help it end sooner rather than later.

Read more: MSNBC »

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Ah.. Ali Velshi! Every time I look at this dude I start 😆laughing. He gave us 'the protest was peaceful' gem; what will he come up with next! 😂 Sorry, this feels like 'real' inflation to me! I have been around long enough to know what it is as well. Don't buy that this is not something to worry about. More government spending won't help either- no matter what they say!

lol... 'lefty' media don't even pretend to care about the little guy anymore... rachel maddow makes 30,000 dollars a day... i'm pretty sure she's not going to have to cut back on groceries so she can put gas in her car.

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