This significant increase in US inflation is not due to the prior low base effect in 2020. This is caused by excessive liquidity since 2020 and inflation is just rearing its head now.
We've been warning about the US inflation in our numerous postings.
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https://finance.yahoo.com/news/inflation-cycling-chinese-exporters-pass-135818591.html
This article proved that our conclusion was right. The US inflation was not caused by the low base effect in 2020. Analysts who said that didn't understand the true situation.
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