Present Inflationary Conditions and Their Theoretical Basis
Introduction Currently, the United States is witnessing a sizable uptick in general inflation levels in quantities unforeseen for decades. So far, from Q1 through roughly the midpoint of Q2 in 2021 alone, the CPI is up 4.2 [1], representing the greatest increase since the 2008 subprime mortgage recession. According to an analysis from Euro-Pacific Capital…