Inflation blew past 8% to 8.5% annually in March. It was the highest inflation rate since 1981.
PutInflation in context pic.twitter.com/onADmgZWqi
— zerohedge (@zerohedge) April 12, 2022
Dr. Peter Navarro later went on the War Room and warned that this number today was as bad as the peak of stagflation in the 1980s.
Dr. Peter Navarro: It’s as bad now in the Biden regime at the beginning as it was at the peak and the end of the stagflation in the 70s.