Bad economic news continues to pile up. While global supply chain woes keep store shelves empty, prices on consumer goods rose at their highest rate in 13 years. Summary Inflation of the consumer price index (CPI) …
Tag: inflation
In COVID-19, Economy, Joe Biden, USATags coronavirus, economy, inflation, stock market Meredith Dolan
Concerns over hot economic growth and inflation hit the American stock market Monday. There’s debate over whether it’s a reaction to a COVID-19 resurgence or a backlash to inflation. Summary Apparent unease over a small resurgence …
Inflation rose quicker than expected, and some mainstream media outlets are warning of longer-term consequences. So why do the same outlets advocate for the policies that will lead to what they’re warning about? Summary Inflation is …