CNN’s Rahel Solomon: ‘Pretty Much Everything … Has Gone Up [In Price]’

EXCERPT:

SOLOMON: “Well, I think for a lot of Americans, their reality is being shaped by the really high inflation. Let’s take a look at CPI, consumer inflation. You’d have to go back to the early ’80s to see the type of levels we’re seeing. The last CPI report came in at about 8.6 percent. Of course, we know, under the hood of that number, it’s really high energy prices, really high food prices. The costs of new and used cars have gone up, pretty much everything broad-based has gone up. The cost of shelter has gone up, which has some economists really concerned. So I think if you are an American at home, it’s really hard, perhaps understandably, to feel great about the economy right now, even though there are some silver linings when you’re getting hit so hard with inflation. Even personally, Ana, you know, I talked to economists and traders and analysts every day about this, and sometimes I find myself shocked when I go to the grocery store and look at prices and think, wow, this costs this now? And so, it’s understandable.”