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Inflation wasn’t transitory. And inflation hasn’t peaked. It’s more like peak inflation was transitory. The May Consumer Price Index (CPI) came in higher than expected. The headline year-on-year price increase was 8.6%. The projection was for the CPI to hold steady at the same level as last month — 8.3%. Instead, we got the biggest […]
The post Peak Inflation Was a Fairytale Just Like Transitory Inflation first appeared on SchiffGold.