“The price of goods and services in the US continue to rise at rates unseen in decades, jumping 7% in December compared to the same month last year – the seventh consecutive month in which inflation has topped 5%.”
https://www.theguardian.com/business/2022/jan/12/us-inflation-rate-december-2021
“The news represents a blow to the Biden administration and the Federal Reserve, which until recently have characterized soaring prices as a “transitory” phenomenon brought about by supply chain issues triggered by the pandemic.”
Bidenflation shows no sign of stopping.
It’s the economy, stupid.
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