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More big trouble in global money system together with US CPI numbers. Major fallout continues.

Eurodollar University

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The Core Rate Rises in March

There's no reason to fear inflation from both the CPI as well as the unemployment. Shelter and shelter prices accounted for 60% of the March increase in the core rate. There's not a whole lot of consumer price acceleration going on. We're more concerned about the Demand falling off and supply normalizing.

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