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3min chapter
Jim Bianco joins Fox Business to discuss Supercore Inflation, Consumer Spending & Gas Prices
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Discussion on Supercore Inflation, Wages, and Gas Prices
This chapter explores the concept of Supercore, an index that focuses on the portion sensitive to wages and excludes indicators like food and energy. It discusses how the rise in Supercore indicates a potential increase in wages, and how higher wages can lead to higher prices and inflation
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