Every day sees new reports of prices going up – from commodities to plastic to fruit. Are we ready to use the “I” word?
This episode is sponsored by Nexo.io and Bitstamp.
Today on the Brief:
- Elon Musk saves an SNL flop with a dogecoin satellite
- Growing interest in Ethereum
- UBS explores offering crypto to wealthy clients
Our main discussion:
The Wall Street Journal and Bloomberg are both running headlines about increasing consumer prices. For now, most pieces like these remain a healthy combination of spot data (in other words specific companies raising prices) and anecdotes versus aggregate data. That isn’t stopping a new inflation narrative from forming, however. Listen to find out what it means.
See also: US Added 266,000 Jobs in April, Missing Estimates for 1M Gain
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