It’s pretty much guaranteed at this point that higher inflation is coming.
The Federal Reserve, which has already printed about $3 trillion of new money this year, is now explicitly devoted to reducing the dollar’s purchasing power in a bid to revive the economy. Higher inflation also typically happens when a country gets laden with debt and interest rates are cut to zero, as is now the case in the U.S.
“We’re at a moment where you may see some inflation,” Federal Reserve Bank…
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