BizBeat Ep.126: What does an inflated America mean to the world?

Subscribe to The Global Herald in Google News

CGTN published this video item, entitled “BizBeat Ep.126: What does an inflated America mean to the world?” – below is their description.

For more:

https://news.cgtn.com/news/2021-05-14/BizBeat-Ep-126-What-does-an-inflated-America-mean-to-the-world–10fUZsFvLlm/index.html

The U.S. inflation had its highest spike in more than a decade, while in the meantime the job market remains sluggish with only 266,000 non-farm payroll number in April, way lower than estimates of 1 million. The Biden government pumps cash into the system irresponsibly in order to prove the government is effective at the risk of stagnation that the U.S. experienced in 1970s and worst, export inflation to other countries. This time, maybe Biden is eating others lunch instead of the other way round as he claims. CGTN’s Kate Kui explains.

CGTN YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


Subscribe to The Global Herald in Google News

About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

Recent from CGTN:

  • Live: Enjoy stunning view of Baerluke National Nature Reserve in northwest China’s Xinjiang
  • Live: National Ski Jumping Center gears up for Beijing 2022 test events – Ep. 12
  • Cat spotted doing sit-ups in gym
  • Leave a Comment

    We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please verbalise where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.

    Posting....