As we emerge from the COVID-19 pandemic and the economy rebounds, some challenges have

started to crop up, and you've likely heard about the biggest one.

Well, there's no uncertainty about what the number one issue in the country is and

its inflation.

Inflation is what happens when the government devalues its own currency.

American concerns, the economy and the inflation are top, top, top priorities.

We practically have to arrange a bank loan to to fill up your gas tank.

This is a historic inflation report and is landing just before the holidays.

Inflation, inflation.

Inflation and inflation.

Econ 101, tell us why inflation has hit a 30-year high.

The US is facing its biggest inflationary spike in decades as the cost of necessity is

like food, gas and housing continue to climb.

The rise is driven by several intertwined factors.

Among them, soaring consumer demand, disrupted supply chains, and an infusion of federal aid

from Congress over the past two years.

Fiers and warnings about the consequences of inflation have left the Biden White House

in a difficult position.

President Biden has acknowledged the problem.

The American people have missed this economic crisis of recovery, showing strong results,

but not to them.

So looking out there, everything from a gallon of gas to low for bread costs more.

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