The Worst Kept Secret in America High Inflation Is Back
Channel: The Nomad Economist
Date: 2021-06-06

The Worst-Kept Secret in America: High Inflation Is Back

To most people, “inflation” signifies widespread rising prices. Economists have long argued, as a matter of technical accuracy, that “inflation” denotes an increasing money supply. Frankly, though, most people don’t care what happens to the supply of money, but they care a lot about the prices they pay, so I’ll focus primarily on the numerous rapidly rising prices Americans are paying today.

Following are several examples of the current inflation.

Corn, soybeans, and wheat have been trading at multiyear highs, with corn having risen from around $3.80 per bushel in January 2020 to approximately $6.75 now. Chicken wings are at all-time record highs. It is getting more expensive to eat.


For the full transcript go to https://financearmageddon.blogspot.com
👉 Donate to help The Channel:  https://tinyurl.com/vqbgwld
👉 Amazon Affiliate Links : https://tinyurl.com/sqwekhd
 Support the channel by clicking here before you start shopping on Amazon: https://tinyurl.com/sqwekhd (heck, even bookmark it for future use if you're feeling extra generous). 
Thank you to all my loyal fans i love each and everyone one of you Please **like and subscribe**  
👉 Follow us on Facebook : https://www.facebook.com/theatlantisr...

and on twitter : https://twitter.com/atlantis_report
This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions:

https://link.attribute.to/cc/1598884