The Pomp Letter
The Pomp Letter
Inflation Was Created In Washington
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Inflation Was Created In Washington

1

To investors,

Inflation is at a 40-year high, but the most concerning part is that the 3-month annualized inflation rate is actually accelerating, instead of decelerating. Majority of market commentary is focused on supply chain disruptions, geopolitical conflict, and other easy-to-blame causes.

This analysis always appears to ignore the most likely caus…

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