Good morning, and welcome to today's edition of A Better Way To Wealth! June's consumer price index (CPI) inflation rate was reported at 9.1%, setting another multi-decade high. It looks to me like inflation is here to stay, and those who keep telling you it's "transitory" are merely trying to make you feel better about the fact that everything you buy now costs more! Don't believe me? Here's a little anecdote that might change your mind… I was on the phone with a good friend of mine just yesterday morning. He's in the restaurant and catering business. Aside from the fact that he can't find any new help or afford to pay his current help the wages they want, he has a much bigger problem… |
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