Aug. 9, 2021
What You And I Think About Inflation.
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Now, the importance of this estimate is NOT whether consumers are accurate to the nth degree in estimating inflation. The importance of today's reading is what this is doing to consumer behavior. If I am accurate, and consumers continue to believe th...
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Now, the importance of this estimate is NOT whether consumers are accurate to the nth degree in estimating inflation. The importance of today's reading is what this is doing to consumer behavior. If I am accurate, and consumers continue to believe that inflation is climbing. Then you're going to see a major change in their behavior.
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