With June inflation numbers crushing estimates, the confident proclamation of recent spikes in inflation being ‘transitory’ is fast becoming a joke. Instead, the monthly increase in the CPI hit a whopping 0.9% (5.4% year over year), the biggest increase since 2008. More shocking is perhaps the core CPI, which advanced 4.5% from June 2020, the […]
The Inflation Sensation Takes Over 2021
