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Biden Top Economic Adviser on Inflation: ‘I Would Not Say that We Got It Wrong,’ It’s ‘a Global Problem’

‘This high inflation problem is a global problem’
By Grabien Staff

EXCERPT:

BERNSTEIN: “The president has consistently said there are two key components to this recovery. And here I think he is in sync with Chair Powell. One is to maintain the strongest labor market we've seen, and we are posting historic numbers in that regard. The other is to do everything we can to unsnarl supply chains, which by the way, are jammed across the world. This high inflation problem is --"
SCIUTTO: "Yes."
BERNSTEIN: "-- a global problem and to try to bring down pressures of the prices through those efforts."

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