It used to be that if inflation got near 2%, Federal Reserve officials pretended to be concerned.
Two months ago, the CPI produced a 4.2% figure.
Then this past month, the government inflation gauge jumped to 5%, while the Fed still claimed that it’s “transitory.”
But what would you think if you found out that home prices are now up 24% in just the last year alone?!
Would it seem that rather than the current inflation level being transitory, it might be more likely that it’s going even higher?
Find out, click to watch the video now!