In its latest Commodity Markets Outlook report, the World Bank projected commodity prices will remain higher for years to come. Perhaps most alarming is that the multilateral bank projects energy prices will soar 50.5 percent this year—after nearly doubling in 2021. The rise in energy prices, the Wall Street Journal reports, has been “the most significant since the early 1970s.”
Food prices, meanwhile, which rose 31 percent last year, are projected to increase 23 percent this year. Needless to say, these price increases come at considerable cost, particularly to the most vulnerable in society.
And no, most people aren't buying "It's all because of Putin! And Biden can't really do anything about gas prices!" They know this all started up before Putin getting froggy, and there's been enough video of Biden clowns laughing about it, and talking about 'this opportunity to get rid of fossil fuels' and such to reinforce it.
I know the left is going to cheat in the election in every way possible, but they're still in trouble. And they know it.
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