The CPI Pr Print Is the Highest Level Since 19 81

Inflation at nine point one % is higher than it was in 19 74, when we had the air boil inbargo and gas line. It's not like the seventies but whether it has the sustain ability of the seventies remains to be seen. The Fed should have started a year ago what they're now doing - raising rates as aggressively as they are right now. And i've argued that it's time to retire this transitory mentality.