U.S. CPI Print Comes in Hot: Is Bitcoin Still an Inflation Hedge?
Real Vision: Finance & Investing
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Is 20 22 Not Going to Be the Year People Expect It to Be?
We had a really high inflation reading to day, highest on consumer prices since 19 82. I that affects a lot of people in their pocket books. So what that means is everyone's getting poorer, yeand they feel it immediately with us. And this is something i've been banging the drum about for a while. We know inflations coming. We know it's driven by supply chain. Issued we know there's a structural shift in the economy going on. But if you raise prices on people who are ealy up to her in debt, then what do you do? You stop consumption.
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