“After rising quickly for most of the past three years due to supply chain constraints and the impact of the Ukraine war, grocery prices are up just 1.1 percent over the past 12 months.”
They are lying. Inflation started with (1) Biden’s energy and the absolutely ridiculous spending policies.
Shame on The Hill for thinking we are so stupid. It is outrageous. I am insulted.
Supply & Demand can cause prices to go higher, that is true.
Notice the sleight of hand here. They don’t want people to even understand what monetary inflation is!
Another howler, they like to say that inflation is occuring around the world! Not just the US!!
Well guess what, boys and girls? The US exports inflation. That’s the chief benefit for being “reserve currency”.