Soaring inflation, reaching 5% annually, has driven prices up by 17% since President Joe Biden took office, resulting in an average American family’s wealth diminishing by $7,300

New inflation numbers are running hot, at 5% on an annual basis.

That means prices are up 17% since Joe Biden was installed, making the average American family $7,300 poorer. And analysts are predicting high inflation for years to come.

Toss in Biden's green agenda and… t.co/qXMifIUTYb

— FXHedge (@Fxhedgers) October 20, 2023

$XAU

Gold is absolutely ripping, about to hit $2,000 again.

Is this a harbinger of something starting to break? pic.twitter.com/MAsDMwAdmj

— The Wolf Of All Streets (@scottmelker) October 20, 2023