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Behind The Markets Podcast: Greg Valliere

Behind the Markets Podcast

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Is the CPI Going to Run a Lot Longer Than Actual Inflation?

I think psychologically, people have been pleasantly surprised by the extent of their monthly increase. It's a little early to make a call, but I think the next year will show another significant increase. Because of the lag effect of housing in the CPI, the CPI is going to run a lot longer than actual inflation. And that's therefore going to be an actually a real increase in purchasing power coming in for the coming year.

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