Inflation, Inflation, Inflation, Oh My!

Inflation, Inflation, Inflation, Oh My!

You've probably noticed higher prices on everything from food to household appliances and that's because of inflation.

Costs have gone up by more than 10% on a wide range of items.

Product demand is running high as the economy recovers after the COVID-19 shutdown, but this is causing a bottleneck in the system. 

The Wall Street Journal reports this includes finding enough truck drivers to transport key materials to factories and construction sites.

It's no doubt some Americans are feeling the pinch of it all, but CBN News Financial editor Drew Parkhill says inflation will stabilize and we could see the strongest growth in the economy since 1984.

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