The United States is facing persistent inflation partly because other countries are intentionally restricting oil production to vote against the current American administration.

“these countries have a very specific view about how they want that energy Market as and that's just one market but it's an input a key input into inflation and rates to work so you're saying that the the OPEC has a price per barrel price Target and they're able to manipulate production to maintain t”

The Biden administration's excessive government spending and policy choices are primarily responsible for the country's current persistent inflation.

“I think that this is a classic case of Biden spent the last three years making his bed and now he's going to have to sleep in it and if in fact inflation is persistent and sticky and not going away and he doesn't get rate cuts again this may cost him the election”