Nancy Pelosi outraged millions of Americans this week when she bizarrely asserted that inflation is not necessarily a bad thing because it means that “people have jobs.”

“Let’s talk about the situation here at home. Families are feeling the hit from the highest inflation rate in 40 years. It costs the average American family $275 a month. What can Congress do right now to bring those costs down?” asked ABC News’ George Stephanopoulos.

“People are saying, ‘Well, what we’re spending is causing inflation.’ The fact that people have jobs always increases inflation, and that’s a good thing! But inflation is not good!” claimed Pelosi.

Watch Pelosi’s comments above.