U.S. Consumer Prices Soared 7% In Past Year, Most Since 1982

The video discusses the significant rise in prices across various sectors, highlighting a 7% inflation rate over the past year, the highest in 40 years. It focuses on the impact in Missoula, Montana, where residents and businesses face challenges due to increased costs in essentials like food, gas, and housing. The video explores the complex causes of inflation, including supply chain issues and corporate profit margins, and emphasizes the widespread economic impact on both local communities and businesses.

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