What Goes Up Doesn’t Come Down. Inflated Price levels are here to stay.

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FJB, Commander in Chief of his Confederacy of Dunces, misleadingly claimed Friday that inflation had gone down if you did not count food and gas, even though overall inflation went up. “Inflation outside of energy and food, what the economists call core inflation, moderated the last two months,” … “Not enough, but it moderated, it’s come […]

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