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home / articles / CPI - Edward Snowden Blasts 'Mortgage-Free' Economists Intellectuals After Inflation Comes In Hotter Than Expected: 'We Tire Of Their Smuggery' | Benzinga


CPI - Edward Snowden Blasts 'Mortgage-Free' Economists Intellectuals After Inflation Comes In Hotter Than Expected: 'We Tire Of Their Smuggery' | Benzinga

Edward Snowden recently expressed his criticism towards economists and intellectuals for their perspective on the current economic situation, amidst rising inflation rates.

What Happened: On Tuesday, the former defense contractor took to X, formerly Twitter, to voice his disapproval of economists who, from their comfortable positions, fail to acknowledge the struggles of ordinary citizens amidst rising inflation. He criticized their tendency to downplay economic hardships based on a single metric that briefly improves.


Snowden, in a reference to the economists and intellectuals, said in the same thread “We tire of their smuggery.”

This post comes in the wake of a report that revealed a higher-than-expected inflation rate of 3.2% in February 2024, as disclosed by the Bureau of Labor Statistics. This rise in inflation ...

Full story available on Benzinga.com

Stock Information

Company Name: IQ Real Return
Stock Symbol: CPI
Market: NYSE

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