How is "Transitory" Inflation Going?
Economics Explained
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The Demand Pull Inflation Is Driving Up Stock Prices
The c p i is an index of consumer purchases. It's meant to track how much we spend on items that we buy and use up. Despite all the issues around supply and labor shortages, the s an p 500 is at its highest level ever. The shopping spree of the wealthy has not been contained just within the stock market either. Everything from crypto currencies to luxury watces have experienced significant price inflation.
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