Stuart Varney warns of US inflation spiral amid Russia-Ukraine war



FOX Business host Stuart Varney argues ‘inflation is not limited to energy’ during his ‘My Take.’

STUART VARNEY: Inflation is not limited to energy. The price of wheat has risen an astonishing 50 percent since February 24th. When the war began. You get a shock at the gas station. You get a shock at the grocery store.

What’s Biden going to do about it? Not much. He talks about spending more money to lower costs. Not sure that works. He is said to be considering going ahead with the keystone pipeline. Bit late for that.

What’s the Fed doing about it? Jay Powell will raise interest rates a quarter point this month. That won’t do much short term.

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32 comments

  1. The Conflict in Russia shouldn't hurt us very much but Biden admin is making it so

  2. Tis about a flesh wound compared to the china taiwan battle to come

  3. It does cost me more $ at the pump but the Ukrainians are losing their every things including their own life 😞

  4. This old bastion needs to retire!

  5. The USA is sinking and drowning the European Union

  6. What isn’t “tenable” is for the United States and the countries of Europe to just sit there polishing their aircraft and defense gear while Putin is bombing cities. What are we afraid of, anyway? Putin has exposed the underbelly of Russia. If we don’t take advantage of this now we’re fools. All the arguments against helping Ukraine also apply against helping any other country in the future. And by then, we may not have as good a shot as we have now. Leadership requires resolve. Wars are not prosecuted well by committee.

  7. This isn’t because of Ukraine, this is because of bidens policies. All planned

  8. It's all part of the plan

  9. What do you expect stolen election end result continuous negativity

  10. All the USA has to do is use its own oil, but our president is an idiot.

  11. Australia has been paying $7.20 per gallon for years America a dollar 1.20 per litre of fule is 2015 price in Australia stop driving tank's to work 🤣😂😂🤣 dumbness

  12. Putin ? I'd blame Brandon !

  13. This is what happens when we rely on other people to live..

  14. Ecomony purposely tanking since Biden. This is just another level of the same. Any excuse, this time Putin. This shill knows better. There are deeper levels but this guy wants to keep us at the surface. This is all planned. Check out the WEF where they lay it all out. Fox is now CNN.

  15. HOW LONG WILL WE LET THESE TIRANICAL THIEVES RULE THIS COUNTRY? IS THEIR NOTHING THEY CAN DO TO WAKE US UP TO THEIR PLANS?
    For example if they decided to do away with all the American Indians, or Italians, etc would we just sit and watch???

  16. Buy POWW now. Semper Fi!

  17. We the people are being took for a ride by this administration 2 and a half more years America will be a 3 rd world country NO JOKE JOKES ON THE AMERICAN PEOPLE

  18. What inflation? It is recession. You have to thank the Democrats for an outstanding handling of Ukraine conflict🤣

  19. If it gets a little worse we gonna be in a depression.

  20. Careful Joe hyperinflation does not take kind to stable democracies

  21. a trucker…. "She"… I can honestly say in 52 years of life, I've seen maybe 2 women driving a truck, and he said "she"… has Fox gone Woke?

  22. Biden LOVES inflation and spreading American's hard earned wealth !!!

  23. This all started before the war. It's the left war on America that started it all. Come on man.

  24. Fox viewers have to face a series of unpleasant realities:

    1) Biden has done an excellent job of rallying Nato and the world against Russia. Putin has been defeated. He can deciminate these cities but he can't hold the country. Checkmate—Biden wins.

    2) Fox pundits aided and abetted the emeny for weeks if not months and years leading up to this nightmare. Tucker, Watters, Judge Jeneane, Hannity, Ingraham, Levin: they aren't serious people. In order to "own the libs" and score rhetorical points they deliberately encouraged support for Russia among the AMerican population and cheered Russia on to take over Ukraine. All of these people I have named need to be taken off the air. They are not conservatives, and they are certainly not loyal Americans. They are cynical and nihilistic attention whores.

    3) Trump is toast. It is over folks. His celebrating Putin as a "savvy" "genius" and his forces as "peacekeepers" on the eve of the invasion—that was the end. Even Fox viewers must see that this individual is unfit for office. Republicans have a very strong field of candidates that they could draw on for 2024—far, far superior to what the Dems have on offer. The time has come to turn away from Trump.

  25. Spending more money that only takes to turn on the printing machine….the snowball is getting bigger

  26. Democrats hate Americans and America enjoy the democrat led hyper inflation

  27. Got news for ya stuart our inflation was surging way before putin, and biden.
    The creature from Jekyll Island lives well deep in the bowels of congress there she has an insatiable appetite that must be FED.

  28. You have got to love it when Wall Street speculators, and their media mouthpiece (fox sucks) decides it’s time to rake the country over the coals. Their is nothing that should cost more today than it did 3-years ago, Nothing!!! It’s just endless greed, and another endless war:-(

  29. The sanctions have consequences 🤪

  30. Varney and Fox are cowards. Where’s your clip of your Douglas Macgregor interview? Funny because it’s probably the most honesty we’ve heard from anyone throughout this whole mess.