Price Inflation Hits a 31-Year High as Janet Yellen Insists It’s No Big Deal

by Ryan McMaken via Mises Institute The Bureau of Labor Statistics reported Wednesday morning that prices rose 6.2% on a year-over-year basis in October. That’s the highest YOY rate since December 1990 when the CPI was also up 6.2 percent. October’s rate was up from 5.3 percent in September, and remains part of a surge in the […]