Here's Why Inflation Will Reignite

Inflation is set to persist due to altered perceptions and increased fiscal spending. Millennials, once oblivious to inflation, now constantly see its effects in daily prices. While the government and the Federal Reserve try to manage these perceptions, rising prices remain evident. Unions and fiscal spending amplify the inflation issue. Surprisingly, the 1970s stagflation wasn’t primarily about oil prices but the decoupling from gold.