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Posts Tagged: “gasoline“
April CPI Surprise Sends Gold to $4,700 as Energy Costs Surge
April’s Consumer Price Index offered scant comfort to households or policymakers, with headline prices rising 0.6 percent for the month and 3.8 percent from a year earlier, according to Wednesday’s Bureau of Labor Statistics release. Though the monthly pace eased from March’s blistering 0.9 percent gain, the yearly rate accelerated, underscoring that the inflation fire […]
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Pain at the Pump: Rising Gasoline Prices Undermine Disinflation Narrative
Falling energy prices were a significant factor in the big decline in the Consumer Price Index (CPI) earlier this year. Bad news: energy prices are now heading up. That means the CPI relief was almost certainly transitory.
Biden’s Gas Money Giveaway Would Only Make Things Worse
These people never learn. Or they just don’t care. The Biden administration is reportedly still considering sending out gas rebate cards to help Americans cope with rising gasoline prices. But this kind of government handout is one of the primary reasons we’re suffering through this inflation firestorm to begin with.
Peter Schiff: Government Solutions for High Gas Prices Will Just Make Things Worse
As Peter Schiff put it in a recent podcast, government solutions make every problem worse. The solutions being floated to help Americans deal with high gas prices are no exception.
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