The Bureau of Labor Statistics reported that the rate of inflation rose to 8.6% in May, the latest high in a period of rapid growth in prices following the COVID-19 recession in March 2020. Indeed, inflation is now higher than it has been in the past 40 years.
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I agree, Biden is to blame regardless… He needs to stop calling it the Putin tax and actually place some of the blame on commodities traders. I think we agree on this being biden’s fault.