Fmr. Obama Adviser Goolsbee: For Many Goods, 'Inflation Began' Before War, Those Increases Will 'Be with Us for the Next Several Months'

On Tuesday's broadcast of CNN's "Don Lemon Tonight," Economics Professor at the University of Chicago Booth School of Business Austan Goolsbee, who served as Chairman of the Council of Economic Advisers under President Barack Obama said that, on the price of goods other than energy and gas, "inflation began before the Russians began massing troops." And "the old inflations that are still in there and are going to be with us for the next several months are high. So, the overall is pretty high."