“The surprise jump in prices may be a good sign for the economy, and it’s not ‘stoking the fires of inflation’” –CNBC #silver

TSI editor’s note: This morning CNBC published an article on their site in which the CNBC Markets Editor, Patti Domm, called rising consumer prices “healing for the economy.” We’re sure this must have been a mistake, as the newly unemployed probably don’t find rising prices very “healing” economically for them. When they can’t afford ground beef, is that economically healing? This reminds us of something that the former President of the EU Jean-Claude Juncker, once said “When it becomes serious, you have to lie.”

Photo by John Guccione http://www.advergroup.com on Pexels.com

Continue reading at: https://www.cnbc.com/2020/08/12/the-surprise-jump-in-prices-may-be-a-good-sign-for-the-economy-and-its-not-stoking-the-fires-of-inflation.html

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