Source: The Hill
by Nicholas B Creel
“Asked about the latest Consumer Price Index report showing inflation hitting 4.2 percent, a three-year high, President Trump gave an answer that deserves to run on a loop in attack ads from now until November: ‘You know what I really love?’ he said. ‘I love the inflation.’ The war with Iran, he explained, is the only thing propping up prices, so once it ends, inflation is ‘going to come down like a rock.’ If the president genuinely loves inflation, then he is in luck, because we are about to get a great deal more of it. No peace deal can change that. The war’s inflationary effects cannot be simply switched off at a signing ceremony.” (06/20/26)
https://thehill.com/opinion/congress-blog/economy-budget/5931613-inflation-trump-war-iran-prices/