2min chapter

Michael Covel's Trend Following cover image

Ep. 1122: Larry Hite Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Sad Truth About Inflation

It's kind of sad in a way that government and people with power have not allowed the masses to have a better understanding of things. We've put them in these boom bust situations for the last 25 years, maybe longer. Inflation is a man made thing. It's not like we have a hurricane now in Miami. Joe Biden said the other day, quite clearly, that the reason we have inflation is because the mom and pop gas stations are charging too much. I'm sure he doesn't know anything. Maybe that's ultimately his point. Everybody wants to be rich. They don't want to think they want to berich.

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