The Pomp Letter
The Pomp Letter
The Inflation Mirage
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The Inflation Mirage

2

To investors,

It is obvious that the inflation numbers from September are telling a very different story from the mainstream narrative. We heard throughout 2020 that inflation wouldn’t be a problem. At the start of 2021, we began to hear rumblings that we could see some inflation but it would be transitory. Nothing to worry about.

We have now seen four s…

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