"Omens of 1970s-Style Inflation Under Biden Are Getting Worse – On Tuesday, the Labor Department confirmed yet another sign of inflationary economic doom: the producer price index (PPI) increased at a record rate in May, surging 6.6 percent over May 2020 levels....These numbers underscore the worsening portent of 1970s-style stagflation, the economic malaise that damaged America and did in Jimmy Carter's presidency..."
