Wall St. For Main St., Released on 12/11/21
Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982 www.cnbc.com/2021/12/10/consu…
Surging prices for food, energy and shelter accounted for much of the gains.
Shadow Stats Alternate CPI (using old inflation formulas): www.shadowstats.com/alternate_…
Rents are increasing at a breakneck speed nationally: These smaller cities have been hit hardest by pricey leases www.usatoday.com/story/money/…
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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.