Inflation Insanity Continues – Ep 848
The Peter Schiff Show Podcast
00:00
What's Happening at Pepsi?
In 1981, the inflation rate that year was still 10.3%. And then in 1982, it fell, but it was still 6.13%. We didn't make major, major headway until 1983 when we had 3.2% inflation. In fact, the CPI in the last 12 months is actually higher than the 13.5% from 1980. That probably reflects what's going on with inflation because Pepsi doesn't want to raise prices. It's trying not to.
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