First published by Money Metals Exchange here:
https://www.moneymetals.com/news/2021/10/04/the-inflation-tax-is-bearing-down-on-investors-too-002386
The post-COVID inflation surge that was supposed to be “transitory” is looking a lot more permanent. On Friday, the Bureau of Economic Analysis Friday released data on Personal Consumption Expenditures (PCE), the Federal Reserve’s preferred inflation gauge.
