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Is 7.1% Inflation Just the Beginning?
The newest University of Michigan Consumer Survey predicts 7.1% inflation, the most in 40 years. A few months ago, it was half. Why the big change? Rising essentials prices and 41 months of core CPI inflation above 3% have lowered consumer morale. Are we in for a bigger economic storm? This video explains why inflation expectations are growing and what it means for Americans. Can we expect relief or a long-term inflation crisis?
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only.
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