Ep. 62 - Inflation Continues In America

Inflation continues in America and continues to be a tax on every American. The Consumer Price Index (CPI) has been at 7% or higher for 8 consecutive months. Inflation has wiped out wage growth, and is costing middle class American households thousands of dollars annually.

Democrats in Congress, the presidential Cabinet, and the President have not done enough to combat inflation. These Democrats want to spend more money; they believe more money must be spent to overcome inflation. This is Modern Monetary Theory and it is not the answer to reducing inflation. The Democrats in power do not have a plan, plain and simple.

#counterthought #inflation #economy #consumerpriceindex #democrats #modernmonetarytheory #biden #treasury #federalreserve