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Headline inflation came out stronger than expected on Thursday, at 5.0%, as compared to the consensus expectation of 4.8%.
The government wants higher inflation and is creating policies that would be conducive to higher prices and higher wages, said E.B. Tucker, director of Metalla Royalty.
0:00 – 5% headline CPI
5:30 – Why would government want more inflation?
9:46 – Fed’s next steps?
14:06 – Inflation vs wages
16:09 – Inflation hedges
18:50 – Mining company margins
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