What our nation actually needs is a non-governmental agency outside the realm of political influence to calculate annual and quarterly inflation in the real world. I don't know how such an entity could be funded except by subscription. I only know that inflation is much higher than our government wants us to believe. I'm tired of statements such as, "Not including the volatile food and energy sectors, annual inflation is 3.6%." This is a major market theme for the next decade. It will be a crisis of credibility. The US dollar is losing credibility as the reserve currency. That happened to the British pound many decades ago. Great Britain never fully recovered.
$TLT$ bearish
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
