Inflation Nation with Captain Oblivious?

(P)resident Joe Biden was caught celebrating the success of his “Inflation Reduction Act” this week. However, his timing was far from ideal as reality struck back in real time. That is because the latest inflation numbers were reported as 8.3%, slightly higher than the 8.1% that was expected. While that might not appear to be super significant, it was enough to spook investors on Wall Street. A massive sell-off ensued with concerns of more to come. Normally these kinds of numbers would show signs of a serious recession, but the administration has simply changed the definition. Strange times.

About The Author

Blake Walley

Blake Walley is a writer, reporter and producer. An idealist and truth-seeker obsessed with the future. A new media trailblazer and outside-the box-thinker. Former Las Vegas bartender influenced by Gonzo journalism. Inspired, eccentric, and always up for a challenge. Blake has been making waves for 10 years with his original analysis and creative style.

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