Business Insider – “The Billion Prices Project And The Fed’s Next Move”

What happens when commodity prices rise by 30% in just 6 months and you have an environment with high unemployment, stagnant wages, and generally weak end demand? According to the Billion Prices Project you get a modest year over year increase in inflation rates. According to the most recent real-time reading the BPP is up 2.83% versus last year.

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