Ep. 552 – Inflation for February

The Kapital News
The Kapital News
Ep. 552 - Inflation for February
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The Bureau of Labor Statistics, BLS, released their consumer price index summary for the month of February this morning. In today’s podcast we take the time to read through some of the material. It is not so much the official numbers that were reported that we are focused on, but rather using this report as a benchmark. The month of February takes us to around the one year anniversary of lockdowns and restrictions. This also means that this is near the one year anniversary of the Nobody CARES Act, and several months into other spending measures that were passed last year. It also designates the last full month prior to the passage of the $1.9 trillion spending bill that made its way through Congress earlier this afternoon. The bill is expected to be signed by President Biden on Friday. However, the President is supposed to give remarks tomorrow on the next phase of the pandemic recovery. The Kapital News has been saying for months that these spending measures are just getting started. Nonetheless, the February inflation report is discussed today so we can use this report to perhaps provide us with some context and perspective as we make our way through 2021 and into 2022. All of this spending, borrowing, and printing is inflationary by definition. The follow through questions to ask is where will these inflationary pressures be experienced, do what degree, and its duration. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Inflation #Debt #USA #Liberty #EndTheFed #bananarepublic #FireCongress #Gold #Silver #Commodities #Oil #Protests #Leadership

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