Thursday, November 11, 2021

Future Inflation

The year is 2024.

A loaf of bread cost $20.    Gas is $12/gallon.   Interest rates are 7%.

President Biden is running for re-election, saying "Inflation is transitory."    Jay Powell is the Fed Chair and says, "Inflation is transitory."

My nephew and niece are expecting their 15th stimulus check and will vote for Joe Biden, as they did in 2020.  

They tell me, "Inflation is transitory."

For more on Crossing Generations , check back Thursdays for a new segment.

This is not financial nor investment advice. Please consult a professional advisor.

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