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Title says it all. Thank you Jerome Powell. The Bureau of Labor Statistics announced this morning that consumer prices - CPI - in August rose 8.2 percent from the previous year, higher than anticipated. Core inflation is at a 40 year high. _______________________________________ If enjoy this channel and would like to support: / professorbarth Follow me on Twitter: / professor_barth Buy my book! The Currency of Empire: Money and Power in English America, released June 2021 with Cornell University Press. Order your copy now. https://www.amazon.com/Currency-Empir... _______________________________________ Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is Associate Professor of History at Arizona State University and Associate Director of the Center for American Institutions at Arizona State University. _______________________________________ Visit my website https://www.professorbarth.com/ _______________________________________ Disclaimer: The views and opinions expressed on this channel are my own and do not reflect the views of Arizona State University, nor are any of the views endorsed by Arizona State University.