Inflation Is Popular: It’s Great If You’re Already Rich – OpEd

Inflation Is Popular: It’s Great If You’re Already Rich – OpEd

Eurasia Review

Published

By Doug French*

The 4.2 percent Consumer Price Index (CPI) bounce for April sent a chill through some traders and financial commentators who had expected a tamer number like a 3.6 or 3.9 percent from last year’s covid price level air pocket. 

The MarketWatch headline screamed, “U.S. Inflation Soars in April to...

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