Highest Goods Inflation Since 1975
Word came issuing from the United States Department of Labor this morning. December’s CPI did in fact register 7% year over year. This 7% acceleration represents the greatest yearly consumer price inflation since 1982… 39 years distant.
Bad News, Good News and More Bad News
It’s now 2022 and we’re still dealing with COVID-19 – the number 19 being short for 2019. Lockdowns didn’t stop it, masks didn’t stop it, vaccines didn’t stop it.