Transcripts for CNN The Lead With Jake Tapper 20220210 21:11

CNN The Lead With Jake Tapper February 10, 2022 21:11:00

advantage of this moment? >> well, you know, it's a great question and it's a question that the biden administration has been asking. you know, you've seen in recent weeks the white house saying that there is too much concentration of power in various industries, that companies have gotten too big, that they do have too much power over the economy. that's something that i think that you're going to see continue as inflation continues throughout the rest of the year. but you know, jake, there's also another factor that's important and that's politics. the blockade that you're seeing at the canadian border is indicative of what we're going to see going forward. richard mentioned supply chain issues with china. some of those about covid but some are about a fundamental decoupling happening in the world now. it's not going to be smooth sailing the way that it has been the last 20 years. we're entering a period where political conflict will play a part in keeping prices higher. >> we saw sharp spikes in the '70s and '80s but you say we're in a completely different

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