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Crude oil prices already, john, up this year, struggling to keep up with the demand of a rapidly growing and reopening economy. russia of course is the world's second largest producer of oil. a war in europe or sanctions that cut off supply would send prices even higher. the question, how high? if prices rise north of 110 bucks a barrel, one estimate has annual inflation in the u.s. topping 10%. that would be the highest since 1981. energy prices are a huge factor in this red-hot inflation hitting your household budget. january is consumer price index, 7.5%, already the fastest in four decades...

Higher. energy prices driving red hot inflation at the highest level in 40 years. one analysis estimates that if u.s. oil hits 110 bucks a barrel, expect the inflation rate to top 10%. that puts pressure on the federal reserve to make more aggressive interest rate hikes to tame this inflation. john, that raises borrowing costs on everybody. so fixing the inflation problem will mean another problem, higher borrowing costs. >> romans, i have a question for you. >> sure. >> can russia's economy with stand sanctions, or harsh sanctions? >> they have been taking these steps. russia has been taking ...

>> how about the folks who have pets that don't want their furniture to get dirty. >> furniture protecter. you see the cozy roll here that they can roll up on. it's quilted it is machine washable. so good at this. waterproof. you don't have to get all that pet hair on your furniture. retails for 110 bucks if can you believe that today only $25. 77% off. ainsley: so excited about all the gifts. the one janice and i love the most is this one. janice: these are so comfortable. ainsley: this is a company called freta. >> schmancy. they have these at like the >> i know. normally they go for 220 buc...

Possibly deduct less. and the minimum tax bracket at 12% goes up from 10%. the trump campaign is going to work with congress to make sure no one pays higher taxes under his plan. his proposal now is just a starting point. >> also the median households would see a tax cut of about $1,000. so, who gains the most in the clinton plan? let's look at that now. lower income families would see new tax credits to reimburse them for things like child care and elder care. you heard her talk about all that recently. >> the wealthiest americans will pay more. the tax policy center estimates that 90% of cli...

He wants it to cost 150 bucks to fill up my suv and it's costing 110 bucks to do that now and i don't want to pay anymore. >> well, that may be, but compare the cost to all of us for repairing the damage on the new jersey shore from sandy. compare the cost to all of us for repairing new orleans after katrina. compare the cost just right now of the car wrecks in atlanta, in atlanta, in the winter, where they're completely or nominally unprepared for all of this ice and snow. these have direct economic costs that we are all paying for. so this is an opportunity to move us forward. i know i say t...