US inflation jumped 8.5 percent in past year, highest since 1981



The US’s consumer price index (CPI) in March has reached a new record. The inflation rate jumped to 8.5 percent compared with …

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45 thoughts on “US inflation jumped 8.5 percent in past year, highest since 1981

  1. It’s frankly time to stop spending on extras. Nails and salon , eating out, movies, etc. None of those are necessary. Meat prices alone have skyrocketed, along with other things. My family pulled back on bbqing and went more for meals with less meat.

  2. The US government choose war instead of its own economy. Everything seems to be the highest record and next year the military budget is also the record high of 813.3 billion dollars. If the American can not afford to stay in a rented house, they can always become homeless that no one care. The American loves freedom and this is the freedom of choice. You either stayed afloat or to be drowned under the water.

  3. GDP Based are GDP BASED, it is not for any REVERSALS, as INFLATION SPEAKS amongst countries, where INVENTORIES are accounted, that is in operation, tangible standards and procedures and not VIRTUAL, nor ANY ADULTERATED ADD ONS, that always gives out the same RESULT. SMEs……

  4. I am not a fan of Biden. However, I believe that he shouldn't only be blamed for part of the economic problems America is dealing with. Why? Because inflation is a systemic symptom showing the deep seated problems within the country's economic management. America has been living well beyond its means for a very long time. The long running Afghan War drained $2.3 Trillions from the coffers. $2.3 Trillions over 20 years is about $115 Billions per year. That doesn't seem much in a large economy like America. But the "multiplying effects" simply couldn't be ignored. Hard cash aside, the opportunity costs and wasted human resources and energy aren't focused on matters that really matter for the country, they were directed at winning, or more aptly, how to lose gracefully.

    Inflation is building up within America, and the government chose to ignore it as successive government borrowed and print money at a rapid pace just to plug the gaps. As the saying goes…the fat lady sings.

  5. You know what u can do to minimize the problem? Stop creating problem and enemy around the world. Stop pouring oil onto fire in Ukraine. Stop the trade war. Stop promoting war. Your problem will be gone in no time.

  6. Inflation is good for the economy., It means your savings won't be enough to retire on but the oligarchs and communist countries who pay for Joe Biden's family's lavish lifestyle will become even richer as their currencies become worth more than the dollar.

  7. Biden voters are getting exactly what they voted for.

    God, the midterms can't get here fast enough. Just hope the Dems haven't completely destroyed America by then.

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