Biden's Brand of "Build Back Better" in Action: Inflation Soared to 6.8% in November
Armstrong Economics Alert: Biden Economy Crumbles, US Inflation Soars December 13, 2021: Inflation is soaring with no end in sight. The Consumer Price Index rose 0.8% in November, marking a 6.8% increase in inflation YoY. According to the Labor Department, this is the fastest pace of inflation since June 1982. In addition, Core-CPI rose 0.5% last month, amounting to a 4.9% annual increase, the quickest advancement since 1991. Energy prices alone have spiked 33.3% in the past