June CPI, ETFs, Oil, And Crypto (Podcast)
Bloomberg Intelligence
00:00
The Runaway Inflation - Is That Really Happening?
We see some rationing. For example, the bit coin miners have shut down their machines in texas but that's because the grid is weak. Or he throw has rationed the flights that they're going to sell, but that'sBecause they don't have the labor that they need. Well, there's a whole set of a store of goods and services where the prices actually are not going inexorably higher. And you would expect that, if we were having run a runaway and plation, you would expect people to say, i mitott have to buy this now, because the price a month from now, is going to be so much higher. It's just not showing
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