Business & MarketsBusiness Columnists

How and When Will This Inflation End?

Save
How and When Will This Inflation End?
People shop at a grocery store in New York City on May 31, 2022. Samira Bouaou/The Epoch Times
Jeffrey A. Tucker
Updated:
0:00
Commentary

Can the press please stop saying that inflation is “easing”? It’s getting ridiculous. The Consumer Price Index came in at 7.1 percent higher than a year ago. That’s terrible. Yes, not as terrible as last month but look at the breakdown in detail. Food at home was up 10 percent and food at restaurants rose 12 percent. Fuel oil is up 65.7 percent! Transportation services are up 14.2 percent.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
twitter
Related Topics