The Fed is Creating an Inflationary Storm

from Gains Pains & Capital

The Fed is rapidly losing control.

Core inflation has already broken above 2% despite a complete collapse in commodity prices (the cost of living for many household items).

[…] This happened when OIL was also imploding.

[…] Why does this matter?

Because core inflation is ABOVE 2% at a time when commodity prices were FALLING. The Government HAS TO adjust its models to account for this so that ANY RISE in commodity prices will PUSH inflation to the upside.

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