A lot of people have been talking about inflation for the past year, but what is it really and why is it so bad?
In this video Knight and Rich talk about the new inflation reading that came out this week, why inflation is harmful to an economy and why the Federal Reserve cares so much. They also discuss what some of the current expectations are for the federal funds interest rate at the end of the year, and why some of the members are spooking the market with their comments.
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