What Today’s Gold Prices Can Learn from the 1980 Inflation Peak
Both President Trump and Democratic leaders are making conflicting and sometimes misleading claims about inflation and price changes during Trump’s current term. Trump says prices for groceries, energy, and eggs have fallen, while Democrats say costs keep rising. Experts note many factors affect prices—like tariffs, weather, disease outbreaks, and global markets—so it’s too soon to fully judge the impact of policies. For instance, grocery and beef prices rose due to tariffs and supply issues, while egg prices fell mainly because the bird flu eased. Gasoline prices are steady but not as low as Trump claims, and electricity costs have gone
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