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Inflation Tag

The country is already reeling from inflation, rising gas prices and shortages, but don't think things can't get worse. Jamie Dimon, the CEO of JP Morgan recently told investors and analysts that a "hurricane" is coming for the U.S. economy. This is just what you wanted to hear, right?

Senate Majority Leader Chuck Schumer (D-NY) has never met a tax increase he didn't like, and now he is saying that tax increases are the solution to rising inflation. So the answer to the pain American consumers feel at the gas pump and the grocery store is... more pain.

"Food prices surged 7%, the sharpest rise since 1981. Restaurant prices rose by the most since the early 1980s, pushed up by an 8% jump in fast-food prices from a year earlier. Grocery prices increased 7.4%, as meat and egg prices continued to climb at...