Jeff Bezos criticizes Biden for inflation on Twitter

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#Bezos #Biden #Twitter

Yahoo Finance Live anchors Julie Hyman, Brian Sozzi,, and Brad Smith Jeff discuss Bezos criticizing President Biden on Twitter over high inflation rates.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Jeff Bezos

Jeffrey Preston Bezos is an American business magnate, media proprietor, investor and commercial astronaut. Bezos is the founder and executive chairman of Amazon, having previously served as chairman, president and CEO of the company.

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