Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why Gold Is Flashing an Inflation Signal the CPI Ignores
Episode 98 of Inflation Explained. Lucas and Luna dig into a strange divergence: the CPI is running at about 2.2 percent, but gold is up nearly 30 percent year-over-year and just crossed $4,139 an ounce. They explore what the commodity market is seeing that the consumer price index might be missing, from central bank buying to currency debasement fears to the limits of CPI's consumption basket. With the ten-year breakeven inflation rate at 2.24 percent and the labor force participation rate hitting a fifty-year low, they ask whether gold is simply a fear trade or a genuine inflation…
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