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#278 | John Jennings; Is inflation or deflation coming? | OCD and SRIs

The Vance Crowe Podcast

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You Don't Drink Milk. You Just Defend It About Half the People Listening to This

High energy prices and high food prices are actually disinflationary to other goods and services, he says. That's why there's the smoothing effect if you take out food and energy from the core consumer price index. The idea that it was only going to be 50 basis points, half of a percent in retrospect is laughable, but they really thought that,. And the market showed it.

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