This article shocked me. Today Joe Biden said that because inflation has gone down, companies should lower prices. It is clear that he doesn't understand inflation. There would need to be deflation for prices to go down. Even if inflation went down to two percent (it's not), it still means prices are rising. They are simply rising at a lower rate. He is accusing corporations of price gouging. I believe the Weimar government used this same ridiculous argument.

I have to credit CNBC for pointing out the insanity, though in a respectful, mild manner that Biden doesn't deserve.