Inflation Soars in March. Even Higher Inflation Is Coming.

Blame Biden for the high inflation today. Blame Biden and Putin for the double-digit inflation that is coming.

The Bureau of Labor Statistics just released the monthly change in the Consumer Price Index (CPI) for March. The CPI increased by a whopping 1.2%. That raises the inflation rate for the last 12 months to 8.5%. While many will blame the Russian invasion…