Welcome Back to the 1970’s “Transitory” Inflation with Dr. Michael Busler

Sharing is Caring!

from Kerry Lutz’s Financial Survival Network

Dr. Michael Busler returns to the program… The 1970’s are back, complete with inflation, gas lines, and presidential fiddling. Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year earlier. A Dow Jones survey had expected a 3.6% increase. The month-to-month gain was 0.8%, against the expected 0.2%.

READ  Inflation Expectations Are Falling
READ  5 Signs That America’s Raging Inflation Crisis Is Accelerating

PlayClick Here to Listen to the Audio



Leave a Comment

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