Anna’s statement on NTD News regarding inflation
By David Lam, June 1, 2024
NTD Evening News
Families continue to feel the persistent inflation in the United States. The Federal Reserve’s preferred inflation gauge rose in April, according to a Bureau of Economic Analysis report. NTD hears from some Californians.
Source: https://www.ntd.com/consumers-react-to-high-prices-as-inflation-persists_996781.html
“When the government spends a lot of money it causes inflation because that’s not real production and it crowds out private investment. We need to save money and invest in private investment so we can create more jobs and produce more goods and reduce inflation.”