The great debate is whether or not inflation is transitory.
I discuss the pros and cons with Chris Temple at the National Investor.
Chris is primarily in the “not transitory” camp, especially in regards to energy.
I discuss the “it is transitory” case.
In my view, much depends on what Congress does or doesn’t do and I do not think the matter is settled, depending of course on the duration of “transitory”.
Author(s): Mike Shedlock, Chris Temple
Publication Date: 20 Sept 2021
Publication Site: Mish Talk