Kudlow: There’s an ‘Inflation Amnesia’ Going on from Biden and the Left

Kudlow: "There’s a certain inflation amnesia going on with Biden ends of the left. Gasoline prices were $2.35 in January of ’1. By October they were $3.31. Up to 40%. That’s before Putin put any troops on the east side of the Ukraine. And as far as the world price goes, you are at $52 in January ’21 and it was $84 by October of a posturing 21. That’s a 61% gain. So that’s before Putin showed up at all. Those are huge numbers. The inflation rate, consumer prices, less than 2% in December of 2020 and then it gradually surged to three, 25, 27.5% before Putin invaded."