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Consumer Prices Have Skyrocketed In Recent Months. Experts Say It’s Just The Beginning (Daily Caller)

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* Consumer prices in the U.S. have skyrocketed across multiple industries as the federal government mulls injecting further stimulus into the economy.

* “We are seeing very substantial inflation,” Warren Buffett, billionaire investor and chairman of Berkshire Hathaway, said at his company’s annual shareholder meeting Saturday, according to CNBC.

* “The 100% cause of inflation is the government,” Peter Schiff, the chief economist and global strategist of Euro Pacific Capital, told the Daily Caller News Foundation. “It’s when the government spends money that it doesn’t collect in taxes.”


Consumer prices in the U.S. have skyrocketed across multiple industries as the federal government mulls injecting further stimulus into the economy.