I just wish our cost-obsessed public would ask, collectively, have you ever heard of one of our wars over the last 70 years resulting in lower prices?
US CPI: the trend is not your friend. On a three-month annualized basis inflation is up 8.2% and is up 5.6% on a 6-month annualized pace.
Over the past year energy prices were up 23.5%, energy commodities 40.6% and gasoline prices 40.6%. #Econ #EconSky