MSNBC Velshi December 4, 2021 13:48:00
That's the highest it's been in nearly eight decades. the bureau of labor statistics said the rapid post-war inflationary episode caused by supply shortages and once again, pent up demand. bingo. or almost bingo because we don't have price controls. we didn't have them before the pandemic but we are, in fact, when you go all the way through this back to where we are right now, we are actually seeing pent up demand and we are seeing shortages. here's the good news. the great inflation of 1947 lasted about two years. prices of goods and services began to level out as domestic and foreign supply ...
Source: archive.org