Commodities spike to reignite inflation. Will food prices follow?

May 15, 2024 9:46 am by CWR

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China and India are stockpiling copper supply way above trend… pic.twitter.com/qlkTfgItxF

— Jason Burack (@JasonEBurack) May 14, 2024

Marie Antoinette (I mean Jay Powell):

"Inflation is re-accelerating, but at least immigration is preventing wages from keeping up with inflation. Let them eat bonds." t.co/drYYvgFYNz

— Luke Gromen (@LukeGromen) May 14, 2024

See also Inflation remains unchecked, with shelter up 5%, transportation 8%, and food 4%; Stagflation in full swing.

See also German inflation jumped to 2% in October, exceeding expectations and fueled by rising food prices.

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