The Fundamentals Point to Inflation That’s Much More than “Transitory”
The Fed may slow or eliminate new bond purchases but is not planning to sell. Meanwhile, producer prices have skyrocketed and Americans are consuming more but producing less. Get ready for entrenched price inflation.
Original Article: “The Fundamentals Point to Inflation That’s Much More than ‘Transitory’“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
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