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by @danabra.mov
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by @jimpick.com
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Since the trump administration likes to cook the books, when it puts out a 4% inflation figure, scarily, the truth must be much higher. That's what Americans are feeling in the real economy of raising gas prices, groceries, medical care, utilities & housing. www.washingtonpost.com/business/202...
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Inflation hit 4 percent for the first time in three years in May, driven by surging gas prices from the Iran war.
www.washingtonpost.com
Inflation heats up to highest pace in three years, fueled by Iran war
The inflation story in one chart: gas +40% y/y, energy +24%. An entirely self-inflicted wound caused by Trump’s War on Iran.
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Steve Rattner