Skousen: Inflation Rising Fast — Interest Rates Likely Soon Too

World Affairs Brief, April 16, 2021 Commentary and Insights on a Troubled World.
Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).

Inflation Rising Fast: Even the heavily manipulated CPI is showing inflation has doubled. That equates to a real inflation rate of near 10% per annum and higher. “The U.S. rate of inflation rose to 2.6 percent, a two-and-a-half year high. [the CPI is normal falsified at a low 1.5%] Consumer prices surged in March as well. Gas led the way with a jump of over 9 percent. [building material prices have more than doubled] If inflation creeps up much more, there will be increased pressure on the Fed to raise interest rates. [Breitbart News] And more realistic interest rates may spell an end to the new housing bubble.

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