The High Probability of Higher Inflation Going Forward

Wolf Blitzer: No inflation is especially a swift move to higher inflation. The Dow Jones and the S&P 500 were essentially stagnant for years during that period of high inflation, he says. That's because stocks are loftier than they've ever been in terms of their valuations - one of the very first casualties if you're moving toward higher inflation.blitzer: I think it's a bigger picture point was in an inflationary spiral upward scenario. Germany wins the 1%.