Bidenflation Roars To 25% YoY In March As Real GDP Growth Goes Negative (Clueless Joe) – Confounded Interest

While headline inflation is growing at 8.6% YoY in March, flexible price inflation grew at a terrifying 25% YoY rate.

Even with headline inflation of “only” 8.56% YoY, today’s Q1 real GDP growth checked in at -1.4% QoQ. Clearly, Bidenflation isn’t help the economy or anyone else.

Diesel prices have skyrocketed under Biden.

Instead of Shoeless Joe, we have Clueless Joe as President.