Alternative Investment Posts
To read the entire post click here.
Producer prices, being exposed to rising commodity prices, is where inflation is beginning to rear its ugly head. At 7.1% for the developed world, this is now in the 90th percentile of historical figures.Wage growth was unusually high during the pandemic, distorted by lower paid workers being laid off. As these workers regain employment, over the coming months wages are more likely to fall than rise.Data suggests that bitcoin is beginning to fulfil this inflatiMember Posts:
Log In for More