from King World News
Today one of the greats in the business warned investors to get prepared because “it’s about to get worse.”
GET READY: Inflation – It’s About To Get Worse
September 3 (King World News) – Alasdair Macleod: If you think that price inflation runs at about 1.6% you have fallen for the BLS’s CPI myth. Two independent analysts using different methods — the Chapwood Index and Shadowstats.com — prove that prices are rising at a far faster rate, more like 10% annually and have been doing so since 2010.
This article discusses the consequences of price inflation suppression, particularly in the light of Jerome Powell’s Jackson Hole speech when he downgraded the importance of price inflation in the Fed’s policy objectives in favour of targeting employment.