Inflation Reaches 40 Year High

Inflation was bud, but now it seems like it is spiraling out of control.

In June, we paid a lot more for most items as inflation rose to 9.1%. That is a quite a rise.

We are at a 40-year high, and it doesn’t look like things are going to get any better.

The U.S. economy continues to slow an even housing is cooling off.

How bad can inflation get and what will it look like?

Check out a recent segment on Fox Business for one point of view.