Graham Stephan, relaying another source: Inflation will rise

The window it was checked over

Consumer price index (CPI): U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

dollars who then spends ten dollars at the grocery store who then spends ten dollars to their wholesaler to pay for food who then pays ten dollars to the farmer who makes the food who then Pockets the money and makes a YOLO investment that works out to be a money velocity of five because the money exchanged hands five times because of that Michael burry notes that despite the Federal Reserve taking money out of the economy by raising interest rates the average dollar is now being spent more frequently leading to a higher velocity of money and because of that inflation will continue to remain high even though in the short term it could temporarily subside it's also worth noting that even the White House did an analysis of inflation for every year post World War II and they determined that in every case inflation took several years is to normalize from the peak and it never flatlined within just a few months so even though this is fantastic news it's also worth it to be cautious with even the billionaire Carl Icahn believing that we're still in a bear market so in terms of where we go from here there is some good news because with midterms about to wrap up we could see a boost in prices so

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