Inflation Is Poised To Soar, 3% By June Is "Almost Certain"

CPI Mistake

It is a mistake to continually believe monetary inflation will show up in the CPI.

It hasn't and likely won't any time soon because housing prices are not in the CPI and medical care is ridiculously undercounted due to people on Medicare and business coverage plans.

Pause in the Storm?

Previously I commented: Inflation Fears Recede After Another Tame CPI Report, Pause in the Storm?

I think not. Nor do I think there is a much of a storm to begin with. 

Before anyone of my readers scream, I am talking about inflation as measured not as really exists. 

It's easy to have "low inflation" when you don't count housing and undercount the cost of medical care

If you are looking for inflation, the last place to look is where they tell you to look

Looking ahead, I believe bubbles pop and the result will be anything but higher inflation.

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