Global Inflation Rates… pic.twitter.com/qOlu4vYcSB
— Charlie Bilello (@charliebilello) November 19, 2021
If you were wondering what the next stage was after “there is no inflation” and “it’s not much inflation” and “it’s just transitory,” and “it’s actually good for us,” well, here you go: https://t.co/uorDgmKjQo
— Alex Gladstein 🌋 ⚡ (@gladstein) November 21, 2021
U.S. import prices rose 1.2% in October as imported fuel prices climbed 8.6%. Excluding fuel, import prices rose 0.4% https://t.co/3crmlYACR1 pic.twitter.com/EZTp3olx7M
— St. Louis Fed (@stlouisfed) November 21, 2021
Fun Sat night reading
Is Stagflation Here: Comparing The 2020s With The 1970s… https://t.co/mainuG2WCJ
— zerohedge (@zerohedge) November 21, 2021
Investor Ackman Says U.S. Facing ‘Classic Bubble’ Fueled by Fed’s Easy Money Policy
Investor William Ackman, whose views are widely watched on Wall Street, said on Thursday that the U.S. central bank’s ultra-easy monetary policy has created a “classic bubble” and that he thinks the Federal Reserve will need to tighten rates more quickly to fight inflation. “We are in a classic bubble which has been driven…