U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy
Were we not told by our currency wizards that inflation is not on the cards when they started eliminating interests in debt and helicoptering money into economies through Quantitative Easing? As so very often, this one turns out to be just one more story that everyone wanted to believe and still is wrong. We have printed so much cash that this can only be the beginning. Inflation is back and it’s going to stay and grow. Someone has to pay for the excesses of our politicians.