Never mind the bumbling naysayers from Joe Biden’s inept administration. What they were describing as “temporary” inflation is now spiraling out of control. It’s apparent the United States will be wrecked by the worst inflation we have seen in 40 years, a persistent inflation that could well transform into hyperinflation. More from the Wolf Street Report.
Inflation hits 5.4 percent in June — a half percent above expected. This is the third straight month where inflation surpassed expectations. In other words, the Biden administration can’t keep calling this temporary or transitory. Owing to Biden’s pathetic and rancid economic policies, Carterism is back baby! More from Styxhexenhammer666.