Frankie Boyer interviewed me on her show recently on the topic of inflation. We find it everywhere: in the price of our streaming subscriptions, at the grocery store, the gas pump, securities asset prices, building materials, real estate values, the cost of used vehicles, and the cost of university education, just to name a few. The big question for 2021 is, will inflation be a temporary condition, or are we looking at higher prices for the longer term?
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