High inflation has been occurring in financial assets, not consumer goods or commodities. 🤫
The Federal Reserve ❤️inflation, not deflation. Inflation is the rising of prices. When prices rise, the dollar’s power decreases. The Federal Reserve targets an increase of 2% in the price index for personal consumption expenditures (consumer goods). The Federal Reserve fails to care about inflation for financial assets. 🤷🏽♂️ Maybe cause many of the wealthy … Continued