US Rising Inflation

Inflation has been on the rise in the United States, hitting a record four decade high of more than nine percent.This has left many Americans to dig deeper to pay for gasoline, food, healthcare and rents.

Recent surveys have found that three out of four middle-class Americans feel that their income can’'t keep up with soaring inflation. Most Americans are preparing for a recession by cutting back on spending, delaying major purchases, or planning to work longer before retirement.

In this episode we will discuss the rising inflation in America. How bad is the soaring prices for the ordinary Americans? Will things get worse when the country, as expected, enters into a recession? And who is to blame for this situation? Is it really “Putin’s prices hike”? Or is it mismanagement on the part of the administration or perhaps a mix of the two?

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