Prices Surge Signaling A Major Spike In Inflation, Job Losses Begin To Eat Away At Income

Published February 23, 2021 58 Views

Rumble Prices Surge Signaling A Major Spike In Inflation, Job Losses Begin To Eat Away At Income
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Inflation is running hot and one look at prices paid by producers we see a nasty rise in consumer prices is heading our way. The recent moves in price data is unprecedented and on almost every aspect we are approaching record high gains in prices. The solutions the Fed has used throughout this crisis haven't really been effective for just about everyone except the major corporations and the little guy is left to pay for it all. It looks like we're heading for some inflation in the near term and it's hard to say how the markets will react to future Fed policy. For now, the Fed is saying they will allow inflation to run hot but it's not like they have a choice.