Forget 5% CPI, prepare for double-digit inflation like the 1970s, invest here for protection

Sharing is Caring!

The economy is returning to a 1970s era of higher inflation, potentially reaching double digits, said Mark Skousen, editor-in-chief of Forecasts & Strategies.

Speaking to David Lin, anchor for Kitco News, Skousen’s comments come as CPI data released Tuesday showed 5.4% annual inflation in June.

0:00 – Headline CPI
2:00 – Used cars and trucks
3:20 – ‘Black Swan’ events
7:17 – Real wages
9:35 – Inflation expectations vs age
10:40 – Tech stocks vs inflation
13:58 – Freedom Fest

See also  Even the inflation % is a lie....


See also  That should help inflation! Congress's Military Aid to Ukraine to Hit $65 Billion

Views: 13

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.