Quote:
Originally Posted by GGG
One thing with inflation is you should always lie about inflation. Inflation is a self reinforcing belief once it starts to spiral.
I think this time you don’t need to listen to experts to see housing, copper, wheat and oil are all down from peak.
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And along with this, a lot of those experts made those comments before Russia/Ukraine. I’m not giving a free pass to governments or central banks and letting them off the hook entirely, but there’s no question that pushed inflation higher for a number of things.