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Just under a year ago inflation was at an annual rate of 1.7%. Funny how 3-4% at the time seemed an outrageous prediction against the Fed's 'transitory' narrative. Yet most of us *knew* better than the 'experts' & far above 4% was not only possible but likely
BuzBytes@BuzBytes
@zerohedge Oh you mean Powell can’t keep a lid on inflation after the Fed has printed trillion upon trillion in the last 12 months and handed out stimulus cheques as though they were sweets? The dollar has been debased. Won’t stop at 4% folks
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