Three Places Where "Permanently" Higher Inflation Could Come From
From zerohedge.com
Tomorrow we get a CPI number which according to consensus at least, will be historic: it will be the first 0.3% sequential increase in core (not the much higher headline) prices this century... {chart} ... a talking point which will merely underscore the recent surge in inflation fears across both companies (who can pass these rising costs on to consumers)... {chart} ... and consumers (who can't). {chart} Yet while households are growing more convinced with each passing day that higher prices will stick, with the NY Fed's latest survey of consumer expectations revealing that over the next year consumers anticipate ...
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