FOX Business host Stuart Varney argues the U.S. energy crisis will lead to more inflation across the country.
STUART VARNEY: We are right in the middle of an inflation spiral.
It’s the Fed’s job to stop it.
That usually means a recession.
And it is eating away at living standards.
That means political change.
Just like 40 years ago: the chronic inflation of the 70s ended when the Fed engineered a chronic recession, and Ronald Reagan won the presidency in a landslide!
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