“Inflation” – It looks like it’s going to get worse despite jobs report


Revelation 6:6 ESV And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”

Important Takeaways:

  • Gas, food prices surging amid inflation tantrum: Can wages keep up?
  • Economists warn inflation getting worse despite ‘positive’ jobs report
  • Gas prices being such a public price have outsized their share of our budgets, what we spend,” Goolsbee told Fox News’ Bill Hemmer, “they have an outsized impact on consumer confidence.”
  • “In fact, it looks like it’s getting worse,” Moore added. “I mean, oil hit $90 a barrel. That’s the equivalent of paying about $4 to $4.50 a gallon.”

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