Hyperinflation, COVID-Style
June 19, 2021 at 07:00 AM EDT
By Patrick Watson The US Consumer Price Index is up 5% since May 2020, according to data released last week. This was the largest 12-month increase since 2008. Some Wall Street denizens act like Weimar Germany-style hyperinflation is here. I think not. I’m old enough to remember when 3–5% inflation...
