We’re seeing inflation is far from temporary: analyst



IWF Center for Economic Opportunity director Patrice Onwuka discusses the rail legislation passage and ongoing high prices despite cooling inflation on ‘Fox Business Tonight.’

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  2. I was hoping to get some financial info from this segment. But of course, it's more biased political messaging. Will stick to Bloomberg, thanks.

  3. What to expect from Biden? lol

  4. Perhaps this is the leftists' plan. If you hurt people long enough, they will get used to the pain. Then you let up just a little bit, and they are happy. Was it Lenin that first came up with that idea?

  5. The only ones who made out was the PPP Loans got tons of money they do not payback. The measly stimulus check was not that much to hold on too

  6. I'd be resigning or working less in 5 years and I'm just interested the way that individuals split their compensation, what amount of it goes into reserve funds, expenditures or ventures?? I acquire around $165K each year yet nothing to show for it yet

  7. The word 'Temporary' suggests the Fu<k Joke Biden administration can fix it. They can't and won't fix what they purposely broke. They will make it worse and likely we will see the financial collapse of America 🇺🇸.

  8. Despite the economic downturn, I'm happy ☺️. I have been earning $60,200 returns from my $10,000 investment every 13 days

  9. WHAT REPUBLICANS IN CONGRESS ARE NOT GOING TO FIX INFLATION? OR IMMIGRATION? COMMON THEY TOLD EVERYONE THEY WHERE GOING TO FIX IT.

  10. People are spending on things they need, because they know the inflation is going to keep going up.

  11. Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds

  12. 𝗜𝘀 𝘁𝗵𝗲 𝗪𝗼𝗿𝗹𝗱 𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝗪𝗼𝗿𝘀𝗲 𝗼𝗿 𝗜𝘀 𝗜𝘁 𝗢𝗻𝗹𝘆 𝗢𝘂𝗿 𝗣𝗲𝗿𝗰𝗲𝗽𝘁𝗶𝗼𝗻?
    If we follow the news today, we see a world about to collapse, as if we were experiencing the worst time ever. Therefore, we are able to believe that our grandparents were right, longing for "the good old days."
    Grim indicators abound–extreme heat waves and raging fires in Europe and the United States, America bleeding between one mass shooting and the next, inflation reaching historic highs to the point that recession seems likely, the unending Russian war in Ukraine continuing to cause shockwaves across the globe.
    Britain and Italy face political instability. Sri Lanka sank in front of people's eyes while its leaders fled the country. The quiet country of Japan saw the assassination of its former prime minister in the daylight.
    As shocking as everything looks, nothing has changed that much in the world. The main change has been in the accumulation of information and people's connections in the world. In past times we set out on walking tours to hear what was going on in the neighboring town and rocked inside a ship for two months to get to know a distant country.
    In later periods, we bought a ticket for a high-speed train or took planes to land on a distant continent to know other realities and people. Now without getting up from the chair and with the press of a key we are there, in the heart of the world. In less than a second, the entire colorful, noisy and bustling reality unfolds before us, stunning us with its growing influence.
    We hear and see, feel, admire and respond to everything that happens to everyone in every corner in real time. Communication between us requires us to absorb an intensive flow of information which we consume like addicts.
    How often does someone read a book and go to a friend to share, "Listen, what a good book I read!” We are in a world that is all news that we are not built to absorb, engagements that we are unable to tolerate. As a consequence, people are getting sicker physically and mentally.
    The endless bonds formed between us are cold, flat and alienated. They have no depth, warmth or identification. They lack sympathy and willingness to approach, and do not take into account that we are one. If the world seems full of crises, it is the ties between us that are broken.
    The physical bonds between us have become tight and fast, and so it should be, but we need to adjust ourselves internally and emotionally to it. We need to insert warmth within these bonds that will strengthen and connect us instead of breaking us apart. You can turn off the news a bit, open a purposeful book, talk to each other, and feel each other.
    Instead of running around with eyes on the monitor and absorbing fragmented pieces of information, we can get a real picture of reality when we look at creation as integral, knowing that it has direction and purpose. All of reality, past or present has a single purpose: to make us perceive that we are one, like nature, and to understand that only through our mutual guarantee and interdependence will we be able to overcome any hardship. When we achieve this perspective, the perception of the world that we see will finally come into a beautiful balance called peace.

  13. In this post covid world I don't think that it's all that unreasonable to give railroad workers paid sick leave. if giving them paid sick leave will prevent a strike then we should give them that.

  14. But the Dems hardly lost Congress and kept Senate. They love inflation and crime.

  15. 3.7% unemployment. Nicely done, Brandon!

  16. Please explain how we can benefit from this inflation! Between December 2007 and August 2008, I increased my reserve from $110,000 to over $500,000, but the market has changed since then.

  17. SCRANTON SCABB JOE HE'S GOTTA GO JOE'S NO FRIEND TO UNIONS.

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  20. The Biden administration will say anything, which is lie constantly to the American people

  21. As the poorest person I know, I've gotten significantly poorer since biden admin

  22. Inflation is NOT OVER WHOEVER SAYS IT IS. THEY DON'T LIVE ON THIS PLANET!

  23. Throwing money at the problem of inflation or draining our oil reserves to dangerous lows are not solutions to inflation,Biden did these things by design,he deliberately plotted an inflationary policy,Biden's promises are just more lies,no one likes this president except the Marxists democrats,

  24. Union talking strike & laws courts system

  25. It's not helping that the democrats are going all in with a Christmas season spending blowout.

  26. I think most of us knew in the beginning that inflation would be far from temporary and most of those who told us it would be temporary new at least as well as we did that they were lying.

  27. David,

    Patrice did a fine job reporting. Clear, concise and insightful. Bring her back often.

    David, I appreciate your reporting. Keep up the good work.

  28. Remember that FAKE INFLATION is mostly price gouging by the gop handlers –> corporations. Facts Matter !!

  29. Bringing down the United States was planned over 50 years ago. Joe Biden is acting out the plan. I should say the people that control you Biden are acting out the plan

  30. If inflation continues at the rate of $400 a month per family we will have a revolution. Be prepared

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  34. buckle up is something you say when a crash is a probability.
    it aint a probability its a certainty.

  35. Marxist U.S. 1930's professors started indoctrination. By calling U.S. a One Party Rule Democracy.

  36. Why didn't Founders make America a One Party Rule Democacy? Because groups would be oppressed.

  37. Imagine. One Party Rule oppressing citizens too far. War ignites. Oppressors are killed or jailed. Peace reigns.

  38. Congrats to the senate, you get your rr strike.

  39. It's not inflation. Biden raised delivery truck fuel prices. Everything costs more. Lower fuel prices is answer.

  40. Government has to get all that stimulus cash back, and make back all the profits lost during the man made virus/pandemic, you really think the government cares about you?

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  43. Is anyone else buying rotten food?
    It's like everything I buy isn't fresh anymore

  44. Most people’s brains nowadays are temporary lol too!!

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  46. They all need to walk off the job. Show them who has the power. But they know they won't cause everybody is in debt and has to work.

  47. Communist Biden said he had a deal did he lie

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