8.6% CPI is Neither Inflation, Nor the US Economy [Eurodollar University, Ep. 246]

Jun 13, 2022

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US consumer prices rose 8.6% year-over-year for the month of May 2022, says the US Bureau of Labor Statistics. Economists, financial media and central banks implicitly conflate this price expansion with money expansion (inflation) and economic expansion (booming) - that's a mistake.

----EP. 246 REFERENCES----
CPIs Aren't the Economy, and They're Not Inflation: https://bit.ly/3MMn8NX
United States Inflation Rate: https://bit.ly/3MNJ3nY
No Pandemic. Not Rate Hikes. Doesn’t Matter Interest Rates. Just Globally Synchronized: https://bit.ly/3HqSqZK
“Inflation” Not Inflation, Through The Eyes of Inventory: https://bit.ly/3MKFX3Z
Alhambra Investments Blog: https://bit.ly/3wh01G2
RealClear Markets Essays: https://bit.ly/38tL5a7
Epoch Times Columns: https://bit.ly/39ESkRf

-------THE EPISODES-------
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---------THE TEAM---------
Jeff Snider, Head of Global Investment Research for Alhambra Investments. Master of ceremonies, Emil Kalinowski. Illustrations by David Parkins. Audio and video editor, Terence. Episode intro/outro music is "Pretender" by Lazer Boomerang.

------FIND THE TEAM-------
Jeff: https://twitter.com/JeffSnider_AIP
Jeff: https://alhambrapartners.com/author/jsnider/

Emil: https://twitter.com/EmilKalinowski
Emil: https://www.EuroDollarEnterprises.com

David: https://DavidParkins.com/
Terence: https://www.VisualFocusMedia.com

Lazer Boomerang: https://www.youtube.com/channel/UCPnl9BuBDKx8_uQ2xNy-djg
"Pretender": https://youtu.be/YBb3y6FHxgM