MSNBC Katy Tur Reports January 12, 2022 19:04:00
Inflation works or the way it's monitored, the price is going to go back down. likely you're not going to see businesses cut prices. again, this goes back to what jay powell said, why would they cut prices, they don't need to, demand is up. however we could start to see the rate of prices increasing start to slow. we saw that in this last pci report. the administration isn't wrong. all of this is tied to covid. and the further we get away from covid, the more the supply chain and the labor issues start to get worked out. things will flatten. but this idea that, oh, we're going to get back to n...