The Consumer Price Index jumped to a 13-year high last month as prices on everything from cars to groceries skyrocketed.
24 thoughts on “Breaking down the rise of inflation and what it means for your money”
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Biden said that Inflation is progress. HE PROMISED NO TAX ON THE WORKING CLASS, BUT WHEN YOU HAVE RUNAWAY INFLATION, THAT'S A FRICKEN TAX ON US. IT'S A SNEAKY WAY OF DOING IT WITHOUT AN OFFICIAL TAX. GET THIS DEAD BEAT OUT OF THE WHITEHOUSE, NOW.
WE CAN'T AFFORD ANOTHER 10 MONTHS, LET ALONE 4 YRS.
I like all that free money, not going back to live off the Government. I like it
CHINA JOE AND DEMOCRAT'S UNBRIDLED SPENDING SPARKED AN INFLATION FRENZY THE LIKES AMERICA HAS NEVER SEEN BEFORE.
It's not just printing and debt. Derivatives are a huge part of this and are pure funny money.
Here is what the "news" outlets refuse to tell the public:. The real problem in the US is the pay gap! When my grandfather was a young working man unions were strong. The pay gap (highest paid vs the lowest paid) of a good union company was about 70 to 1. By the 80s the government had seriously weakened unions and the pay gap had widened to about 150:1. Now unions have been virtually destroyed. McDonald's has a pay gap of 1500:1!! But that's not the full story. The CEO of McDonald's has a Cadillac Healthcare Plan. But none of the staff in the restaurants are allowed to be full time because McDonald's doesn't want to provide healthcare to the ones producing the product they sell. This also doesn't take into consideration the stock options offered to executives.
When they have to start paying unskilled workers more they say they "must" raise prices. But that's not true…what they should be doing is ending the obscene pay gap. Nobody is worth 1500 times another person. Everyone deserves healthcare.
The Republicans don't have any of this on their radar. They are worthless. The Democrats answer is to hook everyone up with Government handouts…think Universal Basic Income. They don't seek to address the income inequality evil…they are enjoying gaining power by endorsing handouts, making everyone a ward and beggar of the state.
The answer? People should be treated with respect and paid what they are worth. Nobody should be turned into a beggar by their own Government. NATIONWIDE STRIKE!
It means Everything gets more Expensive Rents , Housing , Gas , and Everything Else !
Well yeah…this is what happens when the governments understanding of economics comes from the board game Monopoly. What exactly did you expect to happen when you were handing out free money??
When you have massive trillions of dollars spending on nothing of course you going to have inflation going up the brainless guy thinks he knows everything he thinks he doing a better job then any other President not knowing he's the worst
Simple, democrats and bidens fault because it happened on their watch
Thanks to these clowns your money is as good as tp.
All they do is move the goal post ,this was supposed to be supply and demand now it might be permanent? ,thanks Democrats
Make sure you thank QUIDPROJOE for the worst inflation years…Biden admin is placing all Americans in harms way…deplorable administration…no taxes…just unimaginable inflation..deplorable administration
In a country that has its own sovereign currency that I can print it well inflation is a lie.
Remember the federal government gave $3 trillion to Wall Street and we had zero inflation. Americans are starting to realize that they’re a Konomi and their media are lies.
Hey there, just reminding you that you probably shouldn't read the comments on these financial videos because you're going to consume a lot of crap. Thank you have a nice day.
Yahoo still exists?
Lol my bank doesn’t not havenbut $100 bucks on it took out my 401 k my savings took all my money and now i have it in my safe I think is safer that why getbur money out people soon yall will loose it we r in a Recession already don’t buy a house don’t buy nothing until we elect a real president in 2024
I don’t experience higher wages at all
This is what happens when you print more money
Im not worried bc AMC is the only thing Im invested in 🙂
We need 6T more in spending!🥳
She has a smile about it ?!!
ABC does not tell the truth – covers it us with bull – owneeeee
Supply is down and demand is up.
It’s pretty simple.
It means we’re getting fucked thanks Biden