THIS HAS ABSOLUTELY NOTHING TO DO WITH COVID CAUSING IT. CAUSED BY SPIKES IN GASOLINE, FOOD, AND SHELTER COST. CAUSED BY BIDEN.
The U.S. inflation rate reached 9.1% in June 2022 (released by the U.S. Bureau of Labor Statistics on July 13, 2022), marking the highest 12-month Consumer Price Index (CPI) increase since November/December 1981.
• Peak Month: June 2022 (year-over-year increase)
• Monthly Increase: Prices rose 1.3% from May 2022 to June 2022 alone
• Historical Context: It was the highest inflation rate recorded in over 40 years, driven heavily by spikes in gasoline, food, and
shelter costs.