London Calling! - With Mark Blyth
The David McWilliams Podcast
00:00
What's Happening in the United States?
Inflation in the US is running at 8.2%. Core inflation, core inflation has risen by 0.4% month on month. In order to bring inflation down to 2%, interest rates will have to increase dramatically. The entire financial system is based on borrowing and lending. When that goes up, everything falls.
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