Friday, June 25, 2021

Inflation and the chicken wing

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Fed governors come out and say don’t worry inflation is transitory. They say “lumber prices are going down”…only because homebuilders are not building.  How about those everyday items that you buy?  The chicken wing price is only the start.  The Fed says inflation has only increased by 2%, in reality it’s probably more like 13%. Central Bank only calculates using their “key“ indicators. New Math. 2+2=1