Yesterday Biden penned down a note in WSJ after meeting with Federal Reserve's Powell.
White House assures " US is in a stronger economic position than any other major advanced economy in the world."
POTUS released his inflation plan under pressure when 8.5% inflation graph grappled the economy.
From the nation's strategic oil reserve, Biden had already started releasing an additional 1 million barrels of oil per day.
More sustainable energy and mobility options, according to Biden, would save households $500 per year on power expenditures.
Prescription and healthcare premium expenses would be reduced, insulin costs would be capped, and Medicare would be able to negotiate drug pricing.
POTUS focuses on ending the meat and poultry processing monopoly dominated by Cargill, Tyson Foods, and JBS.
"Capitalism without competition isn't capitalism. It's exploitation," — President stressed.
Biden also wants Congress to use current federal funds and establish new tax credits to build more than 1 million affordable homes.
Despite the efforts, Americans sting with a record price hike in gas(22%), beef & chicken (20%), and grocery (10.8%)with a 70% shortage of baby formula!