Inflation is increasing due to a variety of different factors and it could imperil the Biden Presidency. (NY Times)
Inflation can be so challenging to try and reverse but the efforts to do so pay off in the long run. Increasing prices instantly lead to the poor being poorer which can upend politics and cause tremendous harm to nations in the long term. President Biden needs to put all hands on deck to try and reverse or stem the tide of inflation or his whole agenda could be imperil.