VTWO - Real Wages Fall Again As Inflation Surges And The Fed Plays The Blame Game

• According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6%, measured year-over-year; the largest increase in more than 40 years.
• March’s surge in consumer price inflation is also the twelfth month in a row during which the increase is well above the Federal Reserve’s arbitrary 2 percent inflation target.
• As we’re already seeing, monetary inflation may bring rising wages, but it also brings rising prices for goods and services.

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